Notice on Filing of a Suit against Sanrio Co., Ltd. and its

December 16, 2014
Company name:
Sanrio Company, Ltd.
Representative:
Shintaro Tsuji,
President and CEO
Code number:
8136, TSE, 1st Section
Inquiries:
Susumu Emori,
Managing Director
Tel:
+81-3-3779- 8058
Notice on Filing of a Suit against Sanrio Co., Ltd. and its Consolidated Subsidiary
Sanrio Co., Ltd. (“the Company”) and its subsidiary Sanrio GmbH. (in Wentorf, Germany; “Sanrio
Germany”) received notice of a filing for a suit in the Milan Court, Italy as follows.
1. Outline of the Company and its subsidiary that received notice of a filing for a suit
A. Subsidiary
(1) Corporate name
(2) Location
:
:
(3)
Representatives
:
(4)
(5)
Business activities
Capital
:
:
B. The Company
(1) Corporate name
(2) Location
:
:
(3)
(4)
Representative
Business activities
:
:
(5)
Capital
:
Sanrio GmbH
Zwischen den Toren 9,21465 Wentorf bei
Hamburg, Germany
Rehito Hatoyama, Managing Director
Ronald Denecke, Managing Director
Copyright licensing and sale of character goods
€2,019,000
Sanrio Co., Ltd.
(Head office) 1-6-1 Osaki, Shinagawa-ku, Tokyo, Japan
(Headquarters) 1-11-1 Osaki, Shinagawa-ku, Tokyo, Japan
Shintaro Tsuji, President and CEO
Planning and sale of social communication gifts
Planning and sale of greeting cards
Copyright licensing, and others
¥10 billion
2. Date of a filing for a suit
November 13, 2014 (received November 28, 2014 for Sanrio Germany and December 8,
2014 for the Company)
3. Contents of the suit
Camomilla Srl, one of the business account of Sanrio Germany, filed a suit for a claim of
damage caused.
4. Party who filed for a suit
(1)
(2)
(3)
(4)
(5)
Corporate name
Location
Representative
Business activities
Capital
:
:
:
:
:
Camomilla Srl
Via G.B Bodoni 8, Buccinasco Milan, Italy
Nicolas Belloni, Director
Manufacture and sale of women’s clothing, shoes, bags, etc.
€ 2,000,000(2 million Euro)
5. Contents and compensation claim amount of the suit
(1)
(2)
Contents of the suit
:
Compensation claim :
amount
(As stated in the filing)
Claim against damage caused
€ 139,964,774 (Approximately ¥20.6 billion)
6. Future outlook
We believe that the plaintiffs claim has no ground. We intend to vigorously defend ourselfves
in the court.
Our understanding is that this suit would not have any material impact on our earnings. We
will promptly provide further notice, if deemed necessary.