Damages litigation arising from an occupational accident and its impact on business performance
First written in FY2017. 3 of 8 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Damages: Recorded as a settlement payment related to an occupational accident at the Company's Sendai Distribution Center.」
A settlement payment of ¥3 million was recorded for litigation related to the past occupational accident at the Sendai Distribution Center. The matter has moved from the risk of ongoing litigation to the stage of paying and recording the settlement payment. - FY2025-H1MitigatedAnnual report
「Damages: Recorded as a settlement payment related to an occupational accident at the Company's Sendai Distribution Center.」
A settlement payment of ¥3 million was recorded for litigation related to the past occupational accident at the Sendai Distribution Center. The litigation risk has moved from the previous stage to the stage of paying and recording the settlement payment. - FY2019MitigatedAnnual report
「Extraordinary income included ¥34 million in reversal of the provision for litigation losses related to the occupational accident that occurred in Natori, Miyagi Prefecture, in April 2015, among other items, resulting in」
For the ongoing occupational accident litigation, a reversal of ¥34 million in the provision for litigation losses was recorded, and the provision recorded in the previous fiscal year had been fully reversed by the end of the current fiscal year. - FY2018MaterialisedAnnual report
「As a result of recording ¥70 million in insurance proceeds received for Company-owned assets as extraordinary income and ¥53 million in provision for litigation losses related to the occupational accident that occurred in Natori, Miyagi Prefecture, in April 2015, among other items, net income attributable to owners of the parent was ¥283 million, up 82.6% year on year.」
For the ongoing occupational accident litigation, the Company recorded ¥53 million in provision for litigation losses, recognizing an actual financial impact. - FY2018-Q3RestatedAnnual report
「The Company is defending a damages lawsuit filed by an employee who was working at the Sendai Distribution Center at the time, alleging that the Company breached its duty of care for safety in connection with an occupational accident in Natori, Miyagi Prefecture. The amount in controversy is ¥237.716 million, plus damages for delay. The Company plans to address the matter through voluntary workers' compensation insurance and other insurance coverage, but the litigation could affect future business performance depending on its progress. However, the impact is difficult to predict at this time.」
The Company continues to disclose the damages lawsuit concerning the occupational accident, the amount in controversy of ¥237.716 million, plans to address the matter through insurance, and the possibility of an impact on business performance. - FY2018-Q2RestatedAnnual report
「The Company is defending a damages lawsuit filed by an employee who was working at the Sendai Distribution Center at the time, alleging that the Company breached its duty of care for safety in connection with an occupational accident in Natori, Miyagi Prefecture. The amount in controversy is ¥237.716 million, plus damages for delay. The Company plans to address the matter through voluntary workers' compensation insurance and other insurance coverage, but the litigation could affect future business performance depending on its progress. However, the impact is difficult to predict at this time.」
The Company continues to disclose the damages lawsuit concerning the occupational accident, the amount in controversy of ¥237.716 million, plans to address the matter through insurance, and the possibility of an impact on business performance. - FY2018-Q1RestatedAnnual report
「The Company is defending a damages lawsuit filed by an employee who was working at the Sendai Distribution Center at the time, alleging that the Company breached its duty of care for safety in connection with an occupational accident in Natori, Miyagi Prefecture. The amount in controversy is ¥237.716 million, plus damages for delay. The Company plans to address the matter through voluntary workers' compensation insurance and other insurance coverage, but the litigation could affect future business performance depending on its progress. However, the impact is difficult to predict at this time.」
The damages lawsuit concerning the occupational accident remains ongoing. The disclosure states the amount in controversy of ¥237.716 million and that the matter is expected to be addressed through voluntary workers' compensation insurance and other coverage. - FY2017MaterialisedAnnual report
「Regarding an occupational accident that occurred on 27 April 2015 at a unit-house dismantling site in Natori, Miyagi Prefecture, an employee who was working at the Sendai Distribution Center at the time filed a damages lawsuit dated 19 May 2017, alleging that the Company had breached its duty of care for safety. The amount in controversy was ¥237.716 million, plus damages for delay. The Osaka District Court served the complaint on the Company on 6 June 2017.」
A damages lawsuit was filed concerning a past occupational accident. The disclosure states the amount in controversy of ¥237.716 million and the possibility of an impact on business performance.