Casio Computer Co.,Ltd.
【Casio Computer】Settlement of Litigation｜July 2026
A class action lawsuit against Casio UK's subsidiary Casio UK in the UK has been settled with the plaintiffs' withdrawal, and its impact on this term's performance is expected to be minimal.
Key Figures
- Settlement date: 2026-07-13
- Cause of lawsuit: Resale price maintenance activities during 2013-2018
- Impact on this fiscal year's performance: Minimal
AI要約
Overview of Settlement of Litigation
According to the IR material published on August 29, 2023, the class action lawsuit against Casio UK, a subsidiary of Casio Computer, in the UK has been settled as the plaintiffs withdrew their claims. The lawsuit concerned suspected violations of competition law related to resale price maintenance activities during 2013 to 2018. The plaintiffs sought damages, but the claims were withdrawn, and the lawsuit was concluded on July 13, 2026. The impact on future performance is expected to be minimal.
Future Outlook and Impact
The settlement of this lawsuit is expected to have a limited impact on Casio Computer's performance for this fiscal year. With the withdrawal of the lawsuit, the risk of additional losses and compensation payments is reduced, and adverse effects on the company's financial condition are anticipated to be avoided. While ongoing legal developments should be monitored, it is currently assessed that this will not impose significant financial burdens.
Casio Computer Co., Ltd.
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