Pending litigation with lending-related parties and sales customers
First written in FY2016. 2 of 6 entries say "Restated". Latest entry: FY2019-Q2.
The whole theme swung hardest in 2025: 12 of 70 companies on the "Worse" side.
5 other companies' latest entry also says "Achieved".
- FY2019-Q2AchievedAnnual report
「The Company had been pursuing collection under the settlement terms, but received the full settlement amount as of 26 September 2018, completing all procedures. Accordingly, ¥246.937 million in claims in bankruptcy and rehabilitation proceedings and the corresponding allowance for doubtful accounts were offset.」
Regarding the litigation with Nishinippon Miyanaka Hanbai, receipt of the full settlement amount of ¥5 million and completion of all procedures were confirmed. - FY2018-Q1AchievedAnnual report
「The parties determined that the most reasonable course was to reach a settlement and resolve the matter promptly by having the counterparty pay ¥5 million, its maximum repayable amount. A judicial settlement was reached on 19 July 2017.」
In the litigation with Nishinippon Miyanaka Hanbai, the parties reached a judicial settlement under which the Company would receive ¥5 million from the counterparty, based on the determination that full recovery would be difficult, bringing the litigation proceedings to an end. - FY2017-Q3Appeal pending after the first-instance judgmentAnnual report
「On 16 November 2016, the Tokyo District Court handed down a judgment dismissing Nishinippon Miyanaka Hanbai Co., Ltd.'s claim and ordering payment to the Company. Nishinippon Miyanaka Hanbai Co., Ltd., dissatisfied with the judgment, appealed to the Tokyo High Court on 29 November 2016, and the appeal is currently pending.」
In the litigation with Nishinippon Miyanaka Hanbai, the Tokyo District Court dismissed the counterparty's claim and ordered payment of ¥236.466 million to the Company, while the counterparty's appeal left the case pending before the Tokyo High Court. - FY2017-Q2RestatedAnnual report
「On 26 September 2013, the Company was sued by Nishinippon Miyanaka Hanbai Co., Ltd. for damages based on a breach of obligations under a continuous supply agreement and a tort claim. The claim represents a partial amount of ¥100 million out of total damages of ¥402.882 million, and the litigation is currently pending.」
Reiterated that the damages claim litigation with Nishinippon Miyanaka Hanbai remains pending. - FY2017-Q1RestatedAnnual report
「On 26 September 2013, the Company was sued by Nishinippon Miyanaka Hanbai Co., Ltd. for damages based on a breach of obligations under a continuous supply agreement and a tort claim. The claim represents a partial amount of ¥100 million out of total damages of ¥402.882 million, and the litigation is currently pending.」
Reiterated that the damages claim litigation with Nishinippon Miyanaka Hanbai remains pending. - FY2016First statedAnnual report
「Litigation against the other defendants is currently pending. Nishinippon Miyanaka Hanbai Co., Ltd. filed a lawsuit with the Tokyo District Court seeking ¥100 million in damages, as part of the damages it claims to have incurred after the continuous transaction agreement was unilaterally terminated by the Company,」
Litigation is actually pending against former directors and audit & supervisory board members and Nishinippon Miyanaka Hanbai. The disclosure states that Nishinippon Miyanaka Hanbai is seeking ¥100 million and that the Company is seeking ¥230 million in payment for goods sold.