Resolution (Withdrawal of Appeal) and Conclusion of Our Litigation
abc株式会社
株式会社キャネットクレジット filed an appeal against the first-instance judgment in the case seeking payment of joint and several guarantee obligations and other amounts, as it was dissatisfied with the judgment.
Related procedures
Appellate litigation and withdrawal of appeal
Tokyo High Court and Tokyo District Court
株式会社キャネットクレジット
abc株式会社
¥295,516,920, plus interest payable thereon (value of the subject matter of the appeal)
There is no impact on results from the current fiscal year onward. No amount is stated.
There is no impact on results from the current fiscal year onward.
As it has been confirmed that we have no obligation to pay the debt, there will be no impact on results from the current fiscal year onward. We will continue to conduct our business appropriately.
| Item | Details |
|---|---|
| Event name | Resolution (Withdrawal of Appeal) and Conclusion of Our Litigation |
| Date of occurrence | 7 April 2026 (the date on which the appeal was withdrawn and the litigation concluded) |
| Date recognized / date notice received | 15 April 2026 (the date on which we confirmed receipt of the record of withdrawal of appeal from our legal counsel) |
| Subject Entity | abc株式会社 |
| Cause | 株式会社キャネットクレジット filed an appeal against the first-instance judgment in the case seeking payment of joint and several guarantee obligations and other amounts, as it was dissatisfied with the judgment. |
| Amount of Impact on Business Performance | There is no impact on results from the current fiscal year onward. No amount is stated. |
| Impact on Earnings Forecast | There is no impact on results from the current fiscal year onward. |
| Type of litigation or proceeding | Appellate litigation and withdrawal of appeal |
| Court or authority | Tokyo High Court and Tokyo District Court |
| Plaintiff | 株式会社キャネットクレジット |
| Defendant | abc株式会社 |
| Date of filing / date of action | 7 April 2026 (date of withdrawal of appeal) |
| Claim amount / surcharge amount | ¥295,516,920, plus interest payable thereon (value of the subject matter of the appeal) |
| Outlook | As it has been confirmed that we have no obligation to pay the debt, there will be no impact on results from the current fiscal year onward. We will continue to conduct our business appropriately. |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.At the settlement hearing on 7 April 2026, the appellant indicated its intention to withdraw its appeal against us and subsequently withdrew the entire appeal.