KURIYAMA HOLDINGS CORPORATION [3355.T]
TOKYO, Jun 04 (Pulse News Wire) – Kuriyama Holdings Corporation (3355.T) announced today that its subsidiary, Kurayama Japan Co., Ltd., has settled a lawsuit initiated by Montura S.R.L. in Italy.
Under the settlement, Kurayama Japan will pay €¥1.2 million (approximately ¥213.9 million; calculated at €1¥185) to Montura S.R.L. Details of the agreement remain confidential due to confidentiality obligations outlined in the settlement terms.
The company expects to record the settlement payment as a special loss in its consolidated financial statements for the second quarter ending December 2026. Following the release of its preliminary full-year consolidated earnings forecast on February 13, 2026, Kuriyama Holdings is currently reviewing potential impacts on its financial outlook.
Any significant changes will be disclosed promptly.
🟢 Confidence: High AI-translated content.