South Korean Supreme Court decides to postpone Mitsubishi Heavy Industries' re-appeal over requisition

Regarding the issue of "requisition" during the Pacific War, the South Korean Supreme Court rejected the company's second appeal against the order to sell Mitsubishi Heavy Industries' assets in South Korea on the 19th, and decided to confirm the order for the first time. There was a view that it might be possible, but we decided to postpone the decision for the time being.

As the trial continues, the focus remains on whether the South Korean government can come up with a breakthrough before the "cash" sale of assets.

Regarding the issue of "recruitment" during the Pacific War, in 2018 the South Korean Supreme Court issued a statement to Mitsubishi Heavy Industries regarding Korean women who complained that they were forced to work under harsh conditions during the war as part of the "women's labor corps." A judgment was handed down ordering compensation.

After that, the patent rights and trademark rights held by Mitsubishi Heavy Industries in South Korea were seized, and last year a district court in South Korea ordered the sale of these assets. was doing.

Under these circumstances, there was a view that the Supreme Court would reject this on the 19th, four months after receiving the re-appeal, and finalize the sale order for the first time, but for the time being, the decision was postponed. I was.

Regarding this issue, President Yoon Sung-yeol said at a press conference on the 17th of this month, "I'm thinking deeply about how the plaintiff can receive compensation without conflicting with the sovereignty issue that Japan is concerned about." increase.

As the Supreme Court proceedings continue, the focus will continue to be on whether the South Korean government can come up with a breakthrough before the “cash” sale of assets.

On the other hand, the Japanese government claims that the 1965 Japan-Korea Claims Settlement Agreement has already been settled, and that the ruling ordering Japanese companies to pay compensation and the related judicial proceedings are in violation of international law, and are requesting the Korean government to rectify the situation. increase.