Worth reading
63In focus
Scored from 5 of 6 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Decision and Details
Appeal in shareholder derivative action
Decision13 July 2026 (date the appeal was filed)
Implementation13 July 2026 (appeal filed)
Going forwardIf any matter requiring disclosure arises in connection with this matter, the Company will promptly disclose it.
AmountApproximately ¥3.5 billion and approximately ¥400 million in total damages claimed at first instance (amount claimed on appeal: not disclosed)
Quantity / scale1 appellant company; 22 appellees, comprising directors and former directors, and 5 auditors and former auditors
Reason
Because 株式会社TENZAN disagreed with the first-instance judgment
Impact on Business Performance
This matter will have no impact on the Company's performance.
| Item | Details |
|---|---|
| Matter Covered | Appeal in shareholder derivative action |
| Decision Date | 13 July 2026 (date the appeal was filed) |
| Implementation Date | 13 July 2026 (appeal filed) |
| Amount | Approximately ¥3.5 billion and approximately ¥400 million in total damages claimed at first instance (amount claimed on appeal: not disclosed) |
| Quantity / scale | 1 appellant company; 22 appellees, comprising directors and former directors, and 5 auditors and former auditors |
| Impact on Business Performance | This matter will have no impact on the Company's performance. |
| Reason | Because 株式会社TENZAN disagreed with the first-instance judgment |
| Related previous disclosures | “Notice Regarding Judgment in Shareholder Derivative Action” dated 25 June 2026; “Notice Regarding Auxiliary Participation in Shareholder Derivative Action” dated 22 December 2023 |
| Future plans | If any matter requiring disclosure arises in connection with this matter, the Company will promptly disclose it. |
Items this document does not state (3)
Decision-Making BodyPeriod CoveredGoverning Rule
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.株式会社TENZAN filed an appeal because it disagreed with the first-instance judgment.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.