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HARAKOSAN CO LTD Announces Settlement of Lawsuit; Announces Extraordinary Loss for Q1 of FY 2014

Wednesday, 15 May 2013 05:30am EDT 

HARAKOSAN CO LTD announced that it has reached a settlement on the lawsuit, which a Ibaraki-based company filed against the Company, demanding the payment of reward for building panning. The Company will pay JPY 5,000,000 to the Ibaraki-based company for the settlement. As a result, the Company will record a JPY 5,000,000 extraordinary loss for the first quarter of the fiscal year ending February 2014. 

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1.0 +2.44%
26 Dec 2014