Litigation under the Worker Dispatching Act and Litigation Loss Risk
First written in FY2022-Q3. 2 of 6 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2025-H1.
The whole theme swung hardest in 2018: 7 of 13 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new developments or material changes in litigation loss risk following the conclusion of the litigation. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new developments or material changes in litigation loss risk following the conclusion of the litigation. - FY2023-Q3MitigatedAnnual report
「Provision for litigation losses 76 —」
The provision for litigation losses decreased from ¥76 million at the end of the previous consolidated fiscal year to zero at the end of the third quarter, indicating that the provision for the litigation risk that emerged in the previous fiscal year has been released. - FY2023-Q2MitigatedAnnual report
「Provision for litigation losses 76 —」
The provision for litigation losses decreased from ¥76 million at the end of the previous consolidated fiscal year to zero at the end of the second quarter, indicating that the provision for the litigation risk that emerged in the previous fiscal year has been released. - FY2022MaterialisedAnnual report
「The Company received notice from the Supreme Court dated 7 June 2022 of decisions dismissing the final appeal and declining to accept the appeal. Details are provided under “Significant Subsequent Events.”」
The Company recognized a ¥76 million provision for litigation losses in preparation for the appellate judgment in litigation under the Worker Dispatching Act, and the litigation had concluded following the Supreme Court’s decision as of the filing date. - FY2022-Q3First statedAnnual report
「In proceedings concerning confirmation of status and related matters under Article 40-6 of the Act on Securing the Proper Operation of Worker Dispatching Undertakings and Improved Working Conditions for Dispatched Workers, the Osaka High Court issued a judgment against the Company on 4 November 2021 ordering it to pay unpaid wages and other amounts. The Company has filed a final appeal with the Supreme Court and petitioned for acceptance of the appeal, but has recognized a provision for litigation losses of ¥72 million in preparation for the original judgment becoming final. Depending on the substance of future judgments, the matter may affect the Company’s results.」
Following the Osaka High Court judgment, the Company filed petitions with the Supreme Court. In preparation for the original judgment becoming final, it recognized a ¥72 million provision for litigation losses and stated that future judgments could affect its results.