Litigation Relating to Injury Accidents Involving Products Sold in the United States
First written in FY2022. 2 of 5 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2026: 11 of 58 companies on the "Worse" side.
- FY2023RestatedAnnual report
「The company and its consolidated subsidiary TSURUMI (AMERICA), Inc. reached a settlement in the lawsuit arising from an injury accident that occurred while a product sold in the United States through that subsidiary was being used at the customer's site, and recorded ¥280 million in settlement costs as an extraordinary loss for the fiscal year.」
The ¥280 million recorded for the full year following settlement of the injury-accident litigation involving a product sold in the United States was disclosed, confirming that the litigation had reached the resolution stage. - FY2023-Q3MitigatedAnnual report
「The company and its consolidated subsidiary TSURUMI (AMERICA), Inc. reached a settlement in the lawsuit arising from an injury accident that occurred while a product sold in the United States through that subsidiary was being used at the customer's site, and recorded ¥279 million in settlement costs as an extraordinary loss during the cumulative third quarter of the fiscal year.」
The injury-accident litigation involving a product sold in the United States was settled, and the litigation risk progressed to the resolution stage. Meanwhile, the ¥279 million settlement payment was recorded as an extraordinary loss. - FY2023-Q2MaterialisedAnnual report
「For the lawsuit described in “IV. Financial Information, 2. Other, (2) Litigation,” the company recorded ¥289 million in provision for litigation loss as an extraordinary loss.」
For the injury-accident litigation involving a product sold in the United States, the company recorded ¥289 million in provision for litigation loss as an extraordinary loss. - FY2023-Q1MaterialisedAnnual report
「For the lawsuit described in “IV. Financial Information, 2. Other, (2) Litigation,” the company recorded ¥273 million in provision for litigation loss as an extraordinary loss.」
For the injury-accident litigation involving a product sold in the United States, the company recorded ¥273 million in provision for litigation loss as an extraordinary loss, bringing the litigation risk into its results. - FY2022First statedAnnual report
「The company has been sued in the United States in connection with an injury accident that occurred while a product sold there through its consolidated subsidiary Tsurumi America, Inc. was being used at the customer's site. The case is pending in a U.S. court.」
A lawsuit was filed over an injury accident that occurred while a product sold in the United States was being used, and the case was pending in a U.S. court as of the filing date.