Unexpected Claims and Litigation Risk
First written in FY2022. 3 of 6 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2025.
- FY2025RestatedAnnual report
「Regardless of whether the directors or employees of our group have violated laws or regulations, unexpected claims or disputes may arise in the future, and the company may be subject to claims for damages or litigation arising from them.」
The company continues to disclose the risk of claims for damages and litigation arising from unexpected claims and disputes. - FY2024RestatedAnnual report
「Regardless of whether the directors or employees of our group have violated laws or regulations, unexpected claims or disputes may arise in the future, and the company may be subject to claims for damages or litigation arising from them.」
The company continues to disclose the risk of claims for damages and litigation arising from unexpected claims and disputes. - FY2023MaterialisedAnnual report
「Non-operating expenses were ¥5 million, down 43.8% year on year. This was mainly due to ¥1 million each in interest expense, damages and compensation, and foreign-exchange losses.」
In FY2023, the company recorded damages of ¥1.692 million as non-operating expenses, resulting in losses associated with claims and disputes. - FY2023-Q3MaterialisedAnnual report
「Damages ¥1.692 million」
The company recorded damages of ¥1.692 million in non-operating expenses for the cumulative third-quarter period. - FY2023-Q2MaterialisedAnnual report
「Provision for damages ¥2.9 million」
The company recognized a provision for damages of ¥2.9 million for the cumulative second-quarter period, recognizing in its accounts the possibility of losses arising from unexpected claims and disputes. - FY2022First statedAnnual report
「Regardless of whether the directors or employees of our group have violated laws or regulations, unexpected claims or disputes may arise in the future, and the company may be subject to claims for damages or litigation arising from them.」
Claims for damages and litigation arising from claims and disputes were newly disclosed as a separate risk, with committees, internal rules, and contracts with attorneys cited as responses.