Shareholder damages litigation over improper accounting in prior periods
First written in FY2021-Q2. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 2 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The matter is currently in litigation, but the company will respond appropriately based on the plaintiff's claims in the lawsuit.」
The company reconfirmed that a lawsuit seeking approximately ¥3,858 million in damages for improper accounting in prior fiscal years remained pending. - FY2024-Q3RestatedAnnual report
「The matter is currently in litigation, but the company will respond appropriately based on the plaintiff's claims in the lawsuit.」
The company reconfirmed that litigation seeking approximately ¥3,858 million in damages for improper accounting in prior fiscal years remains pending. - FY2024-Q1RestatedAnnual report
「The matter is currently in litigation, but the company will respond appropriately based on the plaintiff's claims in the lawsuit.」
The company reconfirmed that litigation seeking approximately ¥3,858 million in damages for improper accounting in prior fiscal years remains pending. - FY2023-Q3RestatedAnnual report
「On 16 July 2020, a lawsuit was filed by 1 shareholder of the company and 2 domestic corporate shareholders represented by that shareholder against the company, its former directors and its current directors, 10 people in total, jointly seeking approximately ¥3,858 million in damages on the grounds that they had suffered losses from inappropriate accounting treatment in prior-period financial statements.」
The company again identified as a material lawsuit an action seeking approximately ¥3,858 million in damages on the grounds of improper accounting in prior fiscal years. - FY2021-Q3RestatedAnnual report
「On 16 July 2020, a lawsuit was filed by 1 shareholder of the company and 2 domestic corporate shareholders represented by that shareholder against the company, its former directors and its current directors, 10 people in total, jointly seeking approximately ¥3,858 million in damages on the grounds that they had suffered losses from inappropriate accounting treatment in prior-period financial statements.」
The company reiterated the lawsuit seeking approximately ¥3,858 million in damages on the grounds of inappropriate accounting in prior periods as a material lawsuit. - FY2021-Q2First statedAnnual report
「On 16 July 2020, a lawsuit was filed by 1 shareholder of the company and 2 domestic corporate shareholders represented by that shareholder against the company, its former directors and its current directors, 10 people in total, jointly seeking approximately ¥3,858 million in damages on the grounds that they had suffered losses from inappropriate accounting treatment in prior-period financial statements.」
The company first disclosed that a shareholder and 2 domestic corporate shareholders had filed a lawsuit seeking approximately ¥3,858 million in damages from the company, former directors, and current directors, 10 defendants in total, citing inappropriate accounting treatment in prior fiscal years.