Suruga Bank Ltd.
【Suruga Bank】Notice Regarding Reopened Judgment｜May 2026
In the reopened judgment for the lawsuit regarding damages related to founder family business issues, an order to pay has been issued to four former directors, and the appeal process is ongoing. Future response policies are also outlined.
Key Figures
- Total Payment Order Amount: 4,762,008,000 yen (Joint liability total)
- Filing of Appeal: March 25, 2026
- Judgment Date: March 13, 2026
AI要約
Court Proceedings and Judgment Details
Our company filed a damages claim lawsuit against four former directors regarding credit management issues related to the founder family business. The Shizuoka District Court, on March 13, 2026, recognized a breach of director duties by the four former directors and ordered a total payment of 4,762,008,000 yen. The former directors appealed to the Tokyo High Court, and the appeal process is currently ongoing.
Future Responses and Outlook
Our company continues to seek a fair judgment through the appeal process. The impact of this judgment on our current fiscal year's performance is expected to be minimal. The former directors have also filed an appeal, and depending on the court's future rulings, additional disclosures may be made.
Suruga Bank Ltd.
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