July 19 (Reuters) - Hiraga Co Ltd <7863.T>:Says it will sell Tokyo-based property for 175 million yen, effective Aug. 31 .
Hiraga Co Ltd <7863.T>: Says it reached settlement for a lawsuit with a Japan-based company . Says it to pay 3 million yen to the Japan-based company for the settlement .Says previous release disclosed on Feb. 23, 2015.
Hiraga Co Ltd:Expects extraordinary profit of 161 mln yen as gain on sale of securities for FY ended March 2015.
Hiraga Co Ltd:Announced lawsuit filed by Japan-based company on Tokyo District Court.Says the Japan-based company request 100 mln yen, delay damages and legal costs.
Hiraga Co Ltd:Appoints Jiro Hiraga as the new President of the company to replace Noritaka Nakamura.Effective date Feb. 16.
Hiraga Co Ltd:Says Tokyo High Court has dismissed appeal by the company as well as appeal by a Japan-based company, regarding liabilities on notes worth 367,256,446 yen.
Hiraga Co Ltd:Received judgment for an appeal filed against a Japan-based company, from Tokyo High Court on Feb. 27.The court dismissed the appeal and confirmed that the company don't have liabilities for notes worth 878,546,333 yen to the Japan-based company.The Japan-based company will bear cost for the appeal.
Hiraga Co Ltd:Says it has received a judgment from Tokyo District Court on Dec. 17.Says the court has confirmed that the company don't have liabilities for notes worth 367,256,446 yen to Jupiter Corporation.Says Jupiter Corporation is required to pay the company 1,988,118 yen as well as interests of 5 pct from Apr. 5, 2012 until the payment is settled.Says the company will burden 2/25 of the lawsuit expenses and Jupiter Corporation will burden the remaining 23/25.
Hiraga Co Ltd announced that it has received a judgment from Tokyo High Court on September 18, 2013, for debt dispute on payment of JPY 878,546,333 worth of notes with Zero One Co.,Ltd. According to the judgment, the Company was exempted from the liabilities to pay the notes and the court requested Zero One to pay the lawsuit cost.
Hiraga Co Ltd announced that it has reconfirmed the verdict received from the Tokyo High Court on August 9, 2013. The Tokyo High Court rejected the requests filed by Zero One Co.,Ltd. in the appealing to previous verdict and requested Zero One Co.,Ltd. to bear the litigation cost.