Conclusion of litigation seeking damages from the Company and its subsidiary
Casio Electronics Co. Ltd. (Casio UK, the Company’s subsidiary)
The Company’s musical instruments sold in the United Kingdom
A collective action seeking damages was filed on the grounds that consumers purchased products at unfairly high prices following a decision finding that Casio UK had engaged in resale price maintenance, in violation of competition law, in connection with sales of the Company’s musical instruments in the United Kingdom from February 2013 to April 2018.
Related procedures
Conclusion of litigation following the withdrawal of a collective action
Competition Appeal Tribunal
The claimants, represented by Elisabetta Sciallis of the consumer group "Which?"
Casio Electronics Co. Ltd.（Casio UK）
Current fiscal year
The impact of the conclusion of this action on results for the current fiscal year is immaterial.
The action has concluded, and no further action is described.
| Item | Details |
|---|---|
| Event name | Conclusion of litigation seeking damages from the Company and its subsidiary |
| Date of occurrence | 13 July 2026 (date of conclusion of the action) |
| Subject Entity | Casio Electronics Co. Ltd. (Casio UK, the Company’s subsidiary) |
| Target Locations / Products | The Company’s musical instruments sold in the United Kingdom |
| Cause | A collective action seeking damages was filed on the grounds that consumers purchased products at unfairly high prices following a decision finding that Casio UK had engaged in resale price maintenance, in violation of competition law, in connection with sales of the Company’s musical instruments in the United Kingdom from February 2013 to April 2018. |
| Accounting period in which recognized | Current fiscal year |
| Impact on Earnings Forecast | The impact of the conclusion of this action on results for the current fiscal year is immaterial. |
| Type of litigation or proceeding | Conclusion of litigation following the withdrawal of a collective action |
| Court or authority | Competition Appeal Tribunal |
| Plaintiff | The claimants, represented by Elisabetta Sciallis of the consumer group "Which?" |
| Defendant | Casio Electronics Co. Ltd.（Casio UK） |
| Outlook | The action has concluded, and no further action is described. |
Items this document does not state (13)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Competition Appeal Tribunal approved the claimant’s withdrawal of the action.