Ongoing Litigation Concerning Customer Transactions
First written in FY2016. 12 of 30 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
Nissan Securities Group moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Other".
- FY2026Fewer Cases in Dispute, Higher Amounts ClaimedAnnual report
「As of 31 March 2026, the Group had 2 pending lawsuits relating to commodity futures transactions, with total claims of ¥374.871 million.」
The number of pending cases decreased from 3 in the previous fiscal year to 2, while total claims increased from ¥225.752 million to ¥374.871 million. The Company also recorded a ¥8.9 million provision for litigation losses, and litigation risk remains ongoing. - FY2025MitigatedAnnual report
「As of 31 March 2025, the Group had 2 pending lawsuits relating to financial instruments transactions and 1 relating to commodity futures transactions, with total claims of ¥225.752 million.」
The number of pending cases decreased from 8 in the previous fiscal year to 3, and total claims decreased from ¥530.707 million to ¥225.752 million. The lawsuits remain pending, and the risks themselves remain. - FY2025-H1MitigatedAnnual report
「Litigation settlement costs 22,900 10,500 Provision for litigation losses — 700」
Litigation settlement costs for the six-month interim consolidated accounting period were ¥10.5 million, down from ¥22.9 million in the same period of the previous year. The balance of the provision for litigation losses also decreased from ¥59.3 million at the end of the previous fiscal year to ¥28.9 million, but settlement costs and provision expenses continue to be recognized. - FY2024WorsenedAnnual report
「As of 31 March 2024, the Group had 6 pending lawsuits relating to financial instruments transactions and 2 relating to commodity futures transactions, with total claims of ¥530.707 million.」
The number of pending cases decreased from 11 in the previous fiscal year to 8, while total claims increased from ¥391.844 million to ¥530.707 million. The Company also recorded a ¥59.3 million provision for litigation losses, increasing its monetary exposure. - FY2024-Q3WorsenedAnnual report
「Litigation settlement costs 12,750 37,900 Provision for litigation losses — 32,600」
During the first nine months of the fiscal year, the Company recorded ¥37.9 million in litigation settlement costs and ¥32.6 million in provision for litigation losses. Actual litigation-related costs and provisions have increased from the same period of the previous year. - FY2024-Q2MaterialisedAnnual report
「Litigation settlement payment ― 22,900」
During the first six months of the fiscal year, the Company recorded ¥22.9 million in litigation settlement costs as a non-operating expense. Actual litigation-related costs continue to be recognized. - FY2024-Q1MaterialisedAnnual report
「Litigation settlement payment ― 16,900」
During the cumulative first quarter, the Group recognized a ¥16.9 million litigation settlement payment as a non-operating expense. Actual litigation-related expenses continued to be recognized. - FY2023Fewer Cases in Dispute, Higher Amounts ClaimedAnnual report
「As of 31 March 2023, 9 lawsuits concerning financial instruments transactions and 2 lawsuits concerning commodity futures transactions were pending against the Group, with total amounts claimed of ¥391.844 million.」
There were 11 pending lawsuits in total, comprising 9 concerning financial instruments transactions and 2 concerning commodity futures transactions, with total amounts claimed of ¥391.844 million. The disclosure states that the lawsuits remain pending and their outcomes are difficult to predict. - FY2023-Q3MaterialisedAnnual report
「Litigation settlement payment ― 12,750」
During the cumulative third quarter, the Group recognized a ¥12.750 million litigation settlement payment as a non-operating expense. No provision for litigation losses was recognized at the end of the current third quarter, but actual litigation-related payments and expenses continued to be recognized. - FY2023-Q2MaterialisedAnnual report
「Litigation settlement payment ― 12,250」
During the cumulative second quarter, the Group recognized a litigation settlement payment of ¥12.250 million. The provision for litigation losses stood at ¥6.5 million at the end of the previous consolidated fiscal year but was no longer recognized at the end of the current second quarter. - FY2023-Q1MitigatedAnnual report
「Provision for litigation losses 6,500 ―」
The provision for litigation losses decreased from ¥6.5 million at the end of the previous consolidated fiscal year to zero at the end of the current first quarter. This does not state that all lawsuits have been resolved, but the provision balance has decreased on a numerical basis. - FY2022-Q1MitigatedAnnual report
「Provision for litigation losses 24,908 ―」
The provision for litigation losses decreased from ¥24.9 million at the end of the previous consolidated fiscal year to zero at the end of the current cumulative first quarter. This does not state that all lawsuits have been resolved, but the provision balance has decreased on a numerical basis. - FY2021WorsenedAnnual report
「As of 31 March 2021, 16 lawsuits were pending against the Group, with total amounts in dispute of ¥582 million.」
The number of pending lawsuits increased from 15 in the previous fiscal year to 16, while the total amount in dispute increased from ¥346 million to ¥582 million. The Group also recognized a ¥24.9 million provision for litigation losses, and litigation exposure has expanded from the previous fiscal year. - FY2021-Q3MitigatedAnnual report
「Reversal of provision for litigation losses 1,900」
The Group recognized a ¥1.9 million reversal of the provision for litigation losses as extraordinary income. The provision for litigation losses, which stood at ¥36.3 million at the end of the previous consolidated fiscal year, was no longer recognized at the end of the current cumulative third quarter. - FY2021-Q2MitigatedAnnual report
「Reversal of provision for litigation losses 9,800」
The Group recognized a ¥9.8 million reversal of the provision for litigation losses, and the provision balance also decreased from ¥36.3 million at the end of the previous consolidated fiscal year to ¥10.4 million. Litigation-related exposure decreased on a numerical basis, although the Group also recognized ¥4.7 million in litigation-related losses, indicating that litigation risk itself remains. - FY2021-Q1MitigatedAnnual report
「Extraordinary income was ¥21 million, down 89.8% year on year, mainly because the Group recognized reversals of ¥11 million in the commodity transaction liability reserve and ¥10 million in the provision for litigation losses during the cumulative first quarter.」
The Group recognized a ¥10 million reversal of the provision for litigation losses, and the provision balance also decreased from ¥36.3 million at the end of the previous consolidated fiscal year to ¥14.3 million. Litigation-related exposure decreased on a numerical basis. - FY2020Fewer lawsuits, higher amounts in disputeAnnual report
「As of 31 March 2020, 15 lawsuits were pending against the Group, with total amounts in dispute of ¥346 million.」
The number of pending lawsuits decreased from 19 in the previous fiscal year to 15, while the total amount in dispute increased from ¥318 million to ¥346 million. The Group also recognized ¥36.3 million in provision for litigation losses during the fiscal year. - FY2020-Q3WorsenedAnnual report
「Provision for litigation losses - 25,900」
During the cumulative third quarter, the Group recognized ¥25.9 million in provision for litigation losses, resulting in the recognition of a loss related to litigation risk. - FY2019MitigatedAnnual report
「As of 31 March 2019, 19 lawsuits were pending against the Group, with total amounts in dispute of ¥318 million.」
Pending lawsuits decreased from 22 cases totaling ¥446 million in the previous fiscal year to 19 cases totaling ¥318 million. Litigation-related exposure has decreased further on a numerical basis. - FY2019-Q3MitigatedAnnual report
「Provision for litigation losses 20,700 3,600」
The provision for litigation losses decreased from ¥20.7 million at the end of the previous consolidated fiscal year to ¥3.6 million, indicating a numerical reduction in litigation-related exposure. - FY2019-Q2MitigatedAnnual report
「Provision for litigation losses 20,700 11,400」
The provision for litigation losses decreased from ¥20.7 million at the end of the previous consolidated fiscal year to ¥11.4 million. The Group also recognized a reversal of ¥2.3 million in the provision for litigation losses, indicating a numerical reduction in litigation-related exposure. As quantifiable figures are available and litigation risk actually exists, quantified is true and materialized is true. - FY2019-Q1MitigatedAnnual report
「Provision for litigation losses 20,700 14,700」
The provision for litigation losses decreased from ¥20.7 million at the end of the previous consolidated fiscal year to ¥14.7 million. The Group also recognized a reversal of ¥6 million in the provision for litigation losses, indicating a numerical reduction in litigation-related exposure. - FY2018MitigatedAnnual report
「As of 31 March 2018, 22 lawsuits were pending against the Group, with total amounts in dispute of ¥446 million.」
Pending lawsuits decreased from 29 cases totaling ¥567 million in the previous fiscal year to 22 cases totaling ¥446 million. The provision for litigation losses also decreased from ¥42 million at the end of the previous fiscal year to ¥20.7 million, indicating a numerical reduction in litigation-related exposure. - FY2018-Q3Continued recognition of litigation-loss provisions and changes in the balanceAnnual report
「Provision for litigation losses 29,100 18,800」
During the cumulative third quarter, the Group recognized ¥18.8 million in provision for litigation losses. The provision balance at the quarter-end was ¥18.8 million, down from ¥42 million at the end of the previous consolidated fiscal year but up from ¥5.9 million at the end of the previous quarter. - FY2018-Q2Decrease in the litigation-loss provision balanceAnnual report
「Provision for litigation losses 42,000 5,900」
The provision for litigation losses decreased from ¥42 million at the end of the previous consolidated fiscal year to ¥5.9 million at the end of the current second quarter. At the same time, the Group recognized ¥5.9 million in additional provision for litigation losses during the cumulative quarter, and litigation-related accounting continued. - FY2018-Q1Decrease in the litigation-loss provision balanceAnnual report
「Provision for litigation losses 42,000 9,200」
The provision for litigation losses decreased from ¥42 million at the end of the previous consolidated fiscal year to ¥9.2 million at the end of the current first quarter. At the same time, the Group recognized ¥0.1 million in additional provision for litigation losses during the quarter, and litigation-related accounting continued. - FY2017Fewer cases and lower amounts in dispute, with a provision recognizedAnnual report
「As of 31 March 2017, 29 lawsuits were pending against the Group, with total amounts in dispute of ¥567 million.」
Pending lawsuits decreased from 37 cases totaling ¥977 million in the previous fiscal year to 29 cases totaling ¥567 million. At the same time, the Group recognized a ¥42 million provision for litigation losses during the fiscal year, indicating that its financial response to litigation risk continued. - FY2017-Q3WorsenedAnnual report
「Provision for litigation losses 4,200 29,100」
During the cumulative third quarter, the Group recognized ¥29.1 million in provision for litigation losses, an increase from ¥4.2 million in the year-earlier period. - FY2017-Q2Recognition of a provision for litigation lossesAnnual report
「Provision for litigation losses 9,200」
During the cumulative second quarter, the Group recognized ¥9.2 million in provision for litigation losses, resulting in financial accounting related to litigation risk. - FY2016MaterialisedAnnual report
「As of 31 March 2016, 37 lawsuits were pending against the Group, with total amounts in dispute of ¥977 million.」
The disclosure states that 37 damages lawsuits concerning customers' commodity futures and securities transactions were pending.