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Genki Global Dining Concepts (9828) · RiskRestated

Impact of Domestic and Overseas Litigation and Disputes on Financial Position and Results of Operations

First written in FY2017-Q2. 6 of 8 entries say "Restated". Latest entry: FY2024.

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ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY20222016: 12017: 220172018: 120182019: 020192020: 020202021: 020212022: 120222023: 120232024: 22024
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Litigation and Litigation-Related Loss RiskA theme 328 companies write about · 330 as a headwind · 0 as a tailwind
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  1. FY2024RestatedAnnual report

    「The company had received a claim for damages from a former employee for an alleged breach of its duty to ensure safety under the employment contract. Following the conclusion of a settlement, the settlement payment was recorded as a non-operating expense.」

    The annual disclosure also confirmed that a settlement was reached regarding the damages claim from a former employee and that the settlement payment was recorded as a non-operating expense.
  2. FY2024-Q3RestatedAnnual report

    「The company had received a claim for damages from a former employee for an alleged breach of its duty to ensure safety under the employment contract. Following the conclusion of a settlement, the settlement payment was recorded as a non-operating expense.」

    The fact that a settlement was reached regarding the damages claim from a former employee and that the settlement payment of ¥20 million was recorded as a non-operating expense continued to be disclosed.
  3. FY2024-Q1MaterialisedAnnual report

    「The company had received a claim for damages from a former employee for an alleged breach of its duty to ensure safety under the employment contract. Following the conclusion of a settlement, the settlement payment was recorded as a non-operating expense.」

    A settlement was reached regarding the damages claim from a former employee, and the settlement payment of ¥20 million was recorded as a non-operating expense.
  4. FY2022RestatedAnnual report

    「The occurrence of such litigation or disputes is difficult to predict, and when they do occur, their resolution often takes a considerable amount of time, with uncertainty attached to predicting the outcome.」

    The potential impact on operating results of the occurrence, prolongation and unexpected outcomes of domestic and overseas litigation and disputes continued to be identified.
  5. FY2018RestatedAnnual report

    「In conducting business activities in Japan and overseas, our group makes every effort to understand and comply with all applicable laws and regulations. Nevertheless, it may become subject to litigation or disputes in various forms. The occurrence of such litigation or disputes is difficult to predict, and when they do occur, their resolution often takes a considerable amount of time, with uncertainty attached to predicting the outcome.」

    The potential impact on financial position and operating results of the occurrence, prolongation and unexpected outcomes of domestic and overseas litigation and disputes continued to be identified.
  6. FY2017RestatedAnnual report

    「In conducting business activities in Japan and overseas, our group makes every effort to understand and comply with all applicable laws and regulations. Nevertheless, it may become subject to litigation or disputes in various forms.」

    The potential impact on financial position and operating results of the occurrence, prolongation and unexpected outcomes of domestic and overseas litigation and disputes continued to be identified.
  7. FY2017-Q3RestatedAnnual report

    「In conducting business activities in Japan and overseas, our group makes every effort to understand and comply with all applicable laws and regulations. Nevertheless, it may become subject to litigation or disputes in various forms. The occurrence of such litigation or disputes is difficult to predict, and when they do occur, their resolution often takes a considerable amount of time, with uncertainty attached to predicting the outcome. If such litigation or disputes arise and result in an unexpected outcome, our group's financial position and operating results may be affected.」

    The potential impact of the occurrence, prolongation and unexpected outcomes of domestic and overseas litigation and disputes continued to be identified.
  8. FY2017-Q2First statedAnnual report

    「In conducting business activities in Japan and overseas, our group makes every effort to understand and comply with all applicable laws and regulations. Nevertheless, it may become subject to litigation or disputes in various forms. The occurrence of such litigation or disputes is difficult to predict, and when they do occur, their resolution often takes a considerable amount of time, with uncertainty attached to predicting the outcome. If such litigation or disputes arise and result in an unexpected outcome, our group's financial position and operating results may be affected.」

    The potential impact of the occurrence, prolongation and unexpected outcomes of domestic and overseas litigation and disputes was identified as a new business risk.
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Genki Global Dining Concepts's next results are scheduled for 2026-10-30. Read the earnings preview
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