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SAIKAYA announces settlement of lawsuit and expects extraordinary loss for FY 2014


Thursday, 13 Mar 2014 04:30am EDT 

SAIKAYA CO LTD:Reached settlement on March 10 of a lawsuit filed by SHiDAX COMMUNITY CORPORATION, claiming reduction of rent by the company.The company will pay 22,819,000 yen to SHiDAX for the settlement and changed rent after April 1 to 7,220,000 per month.Sees extraordinary loss of 22,819,000 yen for the settlement, for fiscal year ended Feb. 2014. 

Company Quote

65.0
-1.0 -1.52%
17 Sep 2014