Japan Display Shareholders seek compensation for damages due to improper accounting October 2, 12:47
Japan Display, a liquid crystal panel maker under restructuring, was repeatedly improperly accounting in the past settlement of accounts, and if the company's shareholders were provided with false information and suffered damage, damages of more than 3.8 billion yen I have filed a lawsuit in the Tokyo District Court for compensation.
Japan Display, which was established by integrating Hitachi, Toshiba, and Sony's LCD panel business, has repeated inappropriate accounting treatment, such as inflating inventory and recording it as a company asset in the seven-year settlement of accounts up to last year. It was discovered that
According to the company's announcement, in July, one of the shareholders was injured by being provided with false information in response to this problem, and in July, it was about 3.8 billion yen for the company and 10 directors at that time. It is said that he filed a lawsuit for damages in the Tokyo District Court.
Japan Display received the complaint on the 30th of last month and confirmed the content of the complaint, saying, "We take the proceedings seriously. We will take appropriate measures based on the plaintiff's allegations. I want to go. "