Judgment Against Our Singapore Subsidiary in Singapore
SINGAPORE CHEMI-CON (PTE) LTD.(SCC)
Certain products manufactured by the plaintiff's group since June 2022, and components sold by SCC to the plaintiff
The plaintiff alleges, among other things, that components purchased from SCC caused the increase in the defect rate of certain products manufactured by the plaintiff's group. The detailed cause determined by the court is Not disclosed
Related procedures
Litigation judgment
Singapore International Commercial Court
Dyson Manufacturing Sdn. Bhd.
SINGAPORE CHEMI-CON (PTE) LTD.(SCC)
£92,726,123 (approximately ¥19.37 billion) under the judgment. Of the £3,131,760 (approximately ¥650 million) representing part of the plaintiff's claim, the amount to be borne by SCC will be determined at a later date
Liability for payment of £92,726,123 (approximately ¥19.37 billion). The amount to be recognized as an extraordinary loss, as well as legal fees, late-payment damages and other costs, is under review
The extraordinary loss and impact on earnings arising from the judgment are currently under review, and will be disclosed promptly once the outlook becomes clear
SCC is considering an appeal and will respond appropriately separately. The amount of legal fees and other costs to be borne, and whether late-payment damages accrued before the judgment was issued and the amount thereof, will be determined at a later date
The impact on earnings will be disclosed promptly once the outlook becomes clear
| Item | Details |
|---|---|
| Event name | Judgment Against Our Singapore Subsidiary in Singapore |
| Date of occurrence | 18 September 2026 (local time) |
| Subject Entity | SINGAPORE CHEMI-CON (PTE) LTD.(SCC) |
| Target Locations / Products | Certain products manufactured by the plaintiff's group since June 2022, and components sold by SCC to the plaintiff |
| Cause | The plaintiff alleges, among other things, that components purchased from SCC caused the increase in the defect rate of certain products manufactured by the plaintiff's group. The detailed cause determined by the court is Not disclosed |
| Amount of Impact on Business Performance | Liability for payment of £92,726,123 (approximately ¥19.37 billion). The amount to be recognized as an extraordinary loss, as well as legal fees, late-payment damages and other costs, is under review |
| Impact on Earnings Forecast | The extraordinary loss and impact on earnings arising from the judgment are currently under review, and will be disclosed promptly once the outlook becomes clear |
| Type of litigation or proceeding | Litigation judgment |
| Court or authority | Singapore International Commercial Court |
| Plaintiff | Dyson Manufacturing Sdn. Bhd. |
| Defendant | SINGAPORE CHEMI-CON (PTE) LTD.(SCC) |
| Date of filing / date of action | Filed on 29 November 2024 (local time); judgment issued on 18 September 2026 (local time) |
| Claim amount / surcharge amount | £92,726,123 (approximately ¥19.37 billion) under the judgment. Of the £3,131,760 (approximately ¥650 million) representing part of the plaintiff's claim, the amount to be borne by SCC will be determined at a later date |
| Outlook | SCC is considering an appeal and will respond appropriately separately. The amount of legal fees and other costs to be borne, and whether late-payment damages accrued before the judgment was issued and the amount thereof, will be determined at a later date |
| Planned follow-up disclosure | The impact on earnings will be disclosed promptly once the outlook becomes clear |
Items this document does not state (10)
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 plaintiff is seeking damages, alleging that components purchased from SCC caused the increase in the defect rate of products manufactured by the plaintiff's group. Although the court partially accepted SCC's arguments, it ordered SCC to pay part of the damages.