Litigation risk arising from inadequate explanations and mismatched understandings
First written in FY2016. 14 of 19 entries say "Materialised", first in FY2019. Latest entry: FY2026.
Kyokuto Securities moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 12 of 70 companies on the "Worse" side.
20 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Litigation settlement payment 42」
Litigation settlement payments of ¥42 million were recorded as non-operating expenses for the current period, disclosing expenses incurred in connection with disputes and settlements with customers and others. - 2026-04-24MaterialisedEarnings
「Non-operating expenses amounted to ¥70 million, down 69.2% year on year.」
Non-operating expenses included ¥42 million in litigation settlement payments and ¥1 million in mediation settlement payments, indicating costs arising from disputes and settlements with customers and other parties. - FY2026-H1MaterialisedAnnual report
「Litigation settlement payment 30」
Litigation settlement payments of ¥30 million were recorded as non-operating expenses, indicating expenses incurred in connection with disputes and settlements with customers and others. - FY2025MaterialisedAnnual report
「Mediation settlement payment 30」
Mediation settlement payments of ¥30 million were recorded as non-operating expenses, and expenses related to disputes and settlements with customers and others continue to be incurred. - FY2025-H1MaterialisedAnnual report
「Mediation settlement payment 3 30」
Mediation settlement payments of ¥30 million were recorded as non-operating expenses, up from ¥3 million in the same interim period of the previous year. Expenses related to disputes and settlements with customers and others continue to be incurred. - FY2024-Q3MaterialisedAnnual report
「Mediation settlement payment 3」
Mediation settlement payments of ¥3 million were recorded as non-operating expenses for the cumulative third quarter, continuing to indicate expenses incurred in connection with disputes and settlements. - FY2024-Q2MaterialisedAnnual report
「Mediation settlement payment 3」
Mediation settlement payments of ¥3 million were recorded as non-operating expenses, continuing to indicate expenses incurred in connection with disputes and settlements. - FY2023-Q3MaterialisedAnnual report
「Mediation settlement payment 2」
Mediation settlement payments of ¥2 million were recorded as non-operating expenses. Although the reasons for and details of the settlement are not stated in the main text, the expense incurred in connection with a dispute and settlement is indicated. - FY2022-Q3RestatedAnnual report
「Mediation settlement payment 7」
Mediation settlement payments of ¥7 million were recorded as non-operating expenses for the cumulative third quarter, continuing the disclosure of expenses related to disputes and settlements. - FY2022-Q2MaterialisedAnnual report
「Mediation settlement payment 7」
Mediation settlement payments of ¥7 million were recorded as non-operating expenses for the cumulative second quarter, continuing the disclosure of expenses related to disputes and settlements. - FY2022-Q1MaterialisedAnnual report
「Mediation settlement payment 7」
Mediation settlement payments of ¥7 million were recorded as non-operating expenses for the cumulative first quarter, continuing the disclosure of expenses related to disputes and settlements. - FY2021RestatedAnnual report
「However, if a customer incurs a substantial loss, the customer or another party may bring an action or initiate arbitration against the Group.」
Reconfirms the litigation and arbitration risk arising from customer losses. Mediation settlement payments for the current period were ¥5 million. - FY2021-Q2MaterialisedAnnual report
「Mediation settlement payment 5」
Mediation settlement payments of ¥5 million were recorded as non-operating expenses for the cumulative second quarter, continuing the disclosure of expenses related to disputes and settlements. - FY2020MaterialisedAnnual report
「Non-operating expenses totaled ¥11 million, including mediation settlement payments, down 7.9% year on year, a decrease of ¥139 million.」
Discloses that ¥11 million in expenses related to disputes and settlements with customers and others was incurred during the current period. - FY2020-Q3MaterialisedAnnual report
「Mediation settlement payment 10」
Mediation settlement payments of ¥10 million were recorded for the cumulative third quarter. Although the reasons for and details of the settlement are not stated in the main text, the expense incurred in connection with a dispute and settlement is indicated. - FY2019MaterialisedAnnual report
「Litigation settlement payment 27」
Litigation settlement payments of ¥27 million were recorded in non-operating expenses for the current period, disclosing a specific expense related to litigation and other risks. - FY2018RestatedAnnual report
「However, if a customer incurs a loss, the Group may face litigation due to inadequate explanations provided to the customer or a difference in understanding with the customer, among other reasons.」
Reiterates the litigation risk arising from inadequate explanations to customers or differences in understanding. - FY2017RestatedAnnual report
「The Group may face litigation if, among other reasons, it provides inadequate explanations to customers or there is a difference in understanding with customers.」
Reiterates the litigation risk arising from inadequate explanations to customers or differences in understanding. Also describes a policy of preventing disputes through a customer-focused sales approach and expanded services. - FY2016First statedAnnual report
「If a customer incurs a loss due to inadequate explanations provided to the customer or a difference in understanding with the customer, among other reasons, the Group may face litigation.」
Identifies inadequate explanations to customers and differences in understanding as risks that could lead to litigation and affect performance.