Nippon Chemi-Con Corporation

6997.T
Electronic Components
2026/09/24 Updated
Market Cap: $492.0M (¥77.8B)
Stock Price: $17.96 (¥2,842)
Exchange Rate: 1 USD = ¥158.23

Notice regarding the judgment in Singapore concerning our Singapore subsidiary

A judgment requiring payment of approximately JPY 19.37 billion by our Singapore subsidiary SCC was finalized on September 18, 2026. Appeal being considered. Awaiting assessment of impact on extraordinary losses and future earnings.

Importance:
Page Updated: September 24, 2026
IR Disclosure Date: September 24, 2026

Key Figures

  • Payment obligation: £92,726,123
  • Converted amount: approximately ¥19.37 billion
  • Appeal under consideration / future determination

AI要約

Case background and judgment details

SCC filed a lawsuit with Dyson Manufacturing Sdn. Bhd. in the Singapore International Commercial Court, and on September 18, 2026, a judgment requiring SCC to make payments was issued. The plaintiff claimed involvement of SCC in defective product components. The court partially accepted the plaintiff's claims and held that a portion of damages should be paid by SCC.

Financial impact and future actions

The payment obligation of SCC is £92,726,123 (approximately ¥19.37 billion). Whether the plaintiff's full claimed amount, and any attorney fees, penalties, or late charges will be awarded will be determined later. An appeal is being considered, and appropriate measures will be taken. The impact on our results is under review, and a disclosure will be made as soon as there is clarity.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nippon Chemi-Con Corporation

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