Lawsuit for Damages Filed by Prospective Joint Venture Partner
First written in FY2017. 2 of 5 entries say "Materialised", first in FY2017. Latest entry: FY2022-Q2.
No other company in this theme has enough history to compare yet.
- FY2022-Q2MaterialisedAnnual report
「In connection with one business already in operation, a company claiming that it previously introduced us to a potential site for a business filed a lawsuit seeking payment of an introduction fee. The amount claimed is ¥435 million. As the court recognised part of the payment claim, amounting to ¥160 million, we completed payment during the second quarter of the current fiscal year and recorded the amount as an expense.」
In the lawsuit seeking a ¥435 million introduction fee, the court recognised a payment claim of ¥160 million, and the payment was made and recorded as an expense. - FY2021RestatedAnnual report
「As of the date of filing this document, a company claiming that it previously introduced us to a potential site for a business has filed a lawsuit seeking payment of an introduction fee in connection with one business already in operation. The amount claimed is ¥435 million.」
The company has reconfirmed that the lawsuit seeking a ¥435 million introduction fee remains pending. - FY2019MitigatedAnnual report
「In connection with a business separate from the above, a company with which we had previously considered a joint venture had filed a damages lawsuit, claiming that it lost revenue opportunities because it was unable to participate in the joint venture. As of the date of filing this document, a full victory in the case has been finalised. The amount claimed was ¥250 million.」
A full victory has been finalised in the ¥250 million damages lawsuit. Meanwhile, the separate lawsuit seeking a ¥435 million introduction fee remains pending. - FY2018WorsenedAnnual report
「As of the date of filing this document, a company with which we had previously considered a joint venture has filed a damages lawsuit, claiming that it lost revenue opportunities because it was unable to participate in the joint venture. The amount claimed is ¥250 million. In addition, in connection with a separate business, a company claiming that it previously introduced us to a potential business site has filed a lawsuit seeking payment of an introduction fee. The amount claimed is ¥435 million.」
In addition to the existing ¥250 million lawsuit, a separate ¥435 million lawsuit has been filed, expanding the company’s litigation exposure. - FY2017MaterialisedAnnual report
「As of the date of filing this document, a company with which we had previously considered a joint venture has filed a damages lawsuit, claiming that it lost revenue opportunities because it was unable to participate in the joint venture. The amount claimed is ¥250 million.」
The document states that a ¥250 million damages lawsuit has actually been filed.