TOKYO, Mar 24 (Pulse News Wire) – Fujipream Corporation (4237.T) reached a settlement with its former subsidiary president over a lawsuit filed last April seeking compensation for unpaid retirement benefits and late payment damages totaling March 24, 2026 on March 24, 2026. The dispute involved Fujipream's wholly-owned subsidiary, Toyo Seisakusho Co., Ltd.
The case was initially brought to the Kobe District Court, but negotiations led to a resolution through judicial conciliation. Details of the settlement remain confidential due to non-disclosure agreements.
Regarding the impact of the settlement on the company’s consolidated performance, Fujipream stated it is currently assessing the situation. Any further developments requiring public disclosure will be communicated promptly.
This concludes the disclosure.
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