Life Intelligent Enterprise Holdings Co.,Ltd. [5856.T]
TOKYO, Apr 20 (Pulse News Wire) – Life Intelligent Enterprise Holdings CO.,LTD. (5856.T) announced today that it has won a damages lawsuit against its former representative director, Fukuura Yasuhiro.
The Tokyo District Court handed down the ruling on April 16, 2026. The court ordered Fukuura to pay a total of ¥1.01 billion in compensation and interest for unauthorized expenditures made while he was in office. Specifically, the court ruled: 1. Fukuura must compensate the company and its subsidiary, Naozumi Shuzou Co., Ltd., ¥100 million plus legal fees of ¥10.5 million for unauthorized expenses related to middle school exam preparation materials. 2. He must also pay ¥1.8324 billion plus legal fees of ¥17.4 million for similar unauthorized expenses related to university exam preparation materials.
3. Additionally, Fukuura must pay ¥3.05925 billion plus legal fees of ¥25.925 million for unauthorized advertising costs. 4. Furthermore, he must pay Naozumi Shuzou ¥7.3747 billion plus legal fees of ¥670.43 million for unauthorized advertising expenses incurred during his tenure as the subsidiary's representative director. The judgment also mandates that Fukuura bear all litigation costs and allows for provisional enforcement pending appeal. Life Intelligent Enterprise Holdings expects special gains if Fukuura complies with the ruling but warns that further developments could affect the outcome.
The decision becomes final two weeks after delivery of the judgment unless appealed.
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