Material Risk of Litigation
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「As of the end of the consolidated fiscal year, no litigation or other proceedings had been initiated that would have a material impact on the Group. However, if material litigation or other proceedings arise in the future and an unfavorable judgment is rendered against the Group, this could adversely affect its financial condition, results of operations and other aspects of its business.」
The Group reiterates both its current recognition that there is no material litigation and the risk of material litigation in the future. - FY2018First statedAnnual report
「As of the end of the consolidated fiscal year, no litigation or other proceedings had been initiated that would have a material impact on the Group. However, if material litigation or other proceedings arise in the future and an unfavorable judgment is rendered against the Group, this could adversely affect its financial condition, results of operations and other aspects of its business.」
Although the Group states that there was no material litigation as of the period-end, it identifies future litigation and unfavorable judgments as potential risks.