Damages Litigation Concerning the Death of a Former Employee
First written in FY2021. 4 of 9 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2021: 4 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2024-Q3Litigation Loss Provision DecreasedAnnual report
「The main factors were the ¥144 million increase in notes and accounts payable, the ¥131 million decrease in short-term borrowings, and the ¥90 million decrease in the provision for litigation losses.」
The provision for litigation losses decreased from ¥90 million at the end of the previous consolidated fiscal year to no provision at the end of the quarter, and is cited as a factor contributing to the decrease in current liabilities. - FY2024-Q2Settlement paymentAnnual report
「Settlement payment ― 90,000」
The statement of cash flows shows a ¥90 million settlement payment. The main text does not explicitly state a direct connection with the litigation concerning the former employee's death. - FY2024-Q1No provision for litigation losses recordedAnnual report
「Provision for litigation losses 90,000 ―」
The provision for litigation losses on the consolidated balance sheet decreased from ¥90 million as of 31 March 2023 to no provision as of 30 June 2023. The main text does not explain the status of the litigation itself. - FY2023-Q3RestatedAnnual report
「Regarding the death of a former employee of the Company, the families of 3 members of the deceased's family filed a lawsuit dated 5 April 2021 seeking payment of ¥100.057 million in damages, including attorneys' fees, on the grounds of the Company's and 2 other parties' alleged breach of their duty to ensure safety, among other claims.」
The existing circumstances concerning the damages lawsuit filed by the families of 3 members of a former employee's family over the former employee's death, including the claimed amount of ¥100.057 million, are being reconfirmed. - FY2023-Q2RestatedAnnual report
「Regarding the death of a former employee of the Company, the families of 3 members of the deceased's family filed a lawsuit dated 5 April 2021 seeking payment of ¥100.057 million in damages, including attorneys' fees, on the grounds of the Company's and 2 other parties' alleged breach of their duty to ensure safety, among other claims.」
The existing circumstances concerning the damages lawsuit filed by the families of 3 members of a former employee's family over the former employee's death, including the claimed amount of ¥100.057 million, are being reconfirmed. - FY2023-Q1RestatedAnnual report
「Regarding the death of a former employee of the Company, the families of 3 members of the deceased's family filed a lawsuit dated 5 April 2021 seeking payment of ¥100.057 million in damages, including attorneys' fees, and late payment damages, on the grounds of the Company's and 2 other parties' alleged breach of their duty to ensure safety, among other claims.」
The existing circumstances concerning the damages lawsuit filed by the families of 3 members of a former employee's family over the former employee's death, including the claimed amount of ¥100.057 million and late payment damages, are being reconfirmed. - FY2022-Q3RestatedAnnual report
「Regarding the death of a former employee of the Company, the families of 3 members of the deceased's family filed a lawsuit dated 5 April 2021 seeking payment of ¥100.057 million in damages, including attorneys' fees, on the grounds of the Company's and 2 other parties' alleged breach of their duty to ensure safety, among other claims.」
The existing circumstances concerning the damages lawsuit filed by the families of 3 members of a former employee's family over the former employee's death, including the claimed amount of ¥100.057 million, are being reconfirmed. - FY2022-Q1MaterialisedAnnual report
「Litigation-related expenses ― 3,360」
In connection with the damages lawsuit concerning the death of a former employee, ¥3.360 million in litigation-related expenses was recorded as a non-operating expense in the first quarter. - FY2021First statedAnnual report
「Regarding the death of a former employee of the Company on 5 April 2018, the families of 3 members of the deceased's family filed a lawsuit dated 5 April 2021 seeking payment of ¥100.057 million in damages, including attorneys' fees, on the grounds of the Company's and 2 other parties' alleged breach of their duty to ensure safety, among other claims.」
The families of 3 members of a former employee's family filed a ¥100.057 million damages lawsuit concerning the former employee's death. The Company stated that it would assert its position in court and that the impact on its results was currently difficult to predict.