Litigation and loss relating to labor issues
First written in FY2016. 2 of 9 entries say "Restated". Latest entry: FY2020-Q1.
The whole theme swung hardest in 2021: 4 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Achieved".
- FY2020-Q1AchievedAnnual report
「The company had been sued in the Osaka District Court on 13 February 2015 by some former employees seeking unpaid wages and an additional payment, but the plaintiffs' claims were dismissed and the matter was resolved on 19 July 2019.」
The company stated that the plaintiffs' claims in the unpaid wages litigation were dismissed and the matter was resolved on 19 July 2019. - FY2019The amount claimed in the unpaid wages litigation decreasedAnnual report
「The company was sued in the Osaka District Court on 13 February 2015 by some former employees seeking ¥21,844 thousand in unpaid wages and other amounts, plus an additional payment.」
The litigation concerning unpaid wages and other matters remained pending, with the stated amount claimed reduced to ¥21,844 thousand. The company believed that no liability for unpaid wages existed other than liabilities already recognized. - FY2019-Q3RestatedAnnual report
「The company was sued in the Osaka District Court on 13 February 2015 by some former employees seeking ¥48,386 thousand in unpaid wages and other amounts, plus an additional payment. As of the end of the third quarter of the current fiscal year, the company believed that no liability for unpaid wages existed other than liabilities for wages and other amounts already recognized on its books.」
The company continued to disclose the litigation concerning unpaid wages and other matters, as well as its view that no liability for unpaid wages existed other than liabilities already recognized. - FY2018Litigation continued to be disclosed and the amount claimed was changedAnnual report
「The company was sued in the Osaka District Court on 13 February 2015 by some former employees seeking ¥48,386 thousand in unpaid wages and other amounts, plus an additional payment. As of the end of the fiscal year, the company believed that no liability for unpaid wages existed other than liabilities for wages and other amounts already recognized on its books.」
The litigation concerning unpaid wages and other matters continued to be disclosed as a contingent liability, with the amount claimed stated as ¥48,386 thousand. The company believed that no additional liability for unpaid wages existed. - FY2018-Q3Litigation continued to be disclosed and the amount claimed was statedAnnual report
「The company was sued in the Osaka District Court on 13 February 2015 by some employees and former employees seeking ¥52,821 thousand in unpaid wages and other amounts, plus an additional payment. As of the end of the third quarter of the current fiscal year, the company believed that no liability for unpaid wages existed other than liabilities for wages and other amounts already recognized on its books.」
The litigation concerning unpaid wages and other matters continued to be disclosed as a contingent liability, with the amount claimed stated as ¥52,821 thousand. The company continued to state that it believed no additional liability for unpaid wages existed. - FY2018-Q1RestatedAnnual report
「The company was sued in the Osaka District Court on 13 February 2015 and 20 February 2015 by some employees and former employees seeking ¥64,851 thousand in unpaid wages and other amounts, plus an additional payment. As of the end of the first quarter of the current fiscal year, the company believed that no liability for unpaid wages existed other than liabilities for wages and other amounts already recognized on its books.」
The litigation concerning unpaid wages and other matters continued to be disclosed as a contingent liability, while the company stated that it believed no additional liability for unpaid wages existed. - FY2017-Q2Full reversal of litigation loss provisionAnnual report
「Reversal of litigation loss provision 31,993」
The company recorded ¥31,993 thousand as a reversal of the litigation loss provision under extraordinary income, reducing the litigation loss provision on the quarterly consolidated balance sheet to zero. Meanwhile, the litigation concerning unpaid wages and other matters continued to be disclosed as a contingent liability. - FY2017-Q1Partial reversal of provisionAnnual report
「Reversal of litigation loss provision 31,707」
The quarterly income statement recorded ¥31,707 thousand as a reversal of the litigation loss provision under extraordinary income, reducing the balance of the litigation loss provision from ¥72,507 thousand to ¥40,799 thousand. - FY2016MaterialisedAnnual report
「The court rejected the company's arguments in this litigation and ordered it to pay ¥71,645 thousand, including delay damages and an additional payment.」
Following the first-instance judgment, the company recognized a litigation loss provision of ¥72,507 thousand. It also stated that an appeal was pending.