Cerespo appeals antitrust ruling to Supreme Court
Cerespo announced today that it will appeal to the Supreme Court following a high court decision on June 3, 2025, which rejected the company's appeal in an antitrust case. The case concerns allegations of antitrust violations related to contracts for planning test events for the Tokyo Olympics and Paralympics. Cerespo stated that, despite careful consideration with its legal counsel, it disagrees with the high court's decision and has resolved to pursue an appeal. The company anticipates that the appeal will have a negligible impact on its financial results for the current fiscal year ending March 2026 and will not change its earnings forecast that was announced on May 14, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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