Meiko Network Japan Co., Ltd. ( (JP:4668) ) has issued an update.
Meiko Network Japan Co., Ltd. has successfully upheld its claims in a lawsuit against Meiko Network Kyushu CO., LTD. and others, regarding trademark infringement and franchise agreement violations. The Tokyo District Court recognized the validity of Meiko Network Japan’s cancellation of the area franchise agreement due to defaults by the defendants, including non-payment of royalties and fraudulent reporting, resulting in significant financial penalties and injunctions against the use of Meiko Gijuku trademarks by the defendants.
More about Meiko Network Japan Co., Ltd.
Meiko Network Japan Co., Ltd. operates in the education industry, primarily focusing on franchise operations of Meiko Gijuku schools. The company provides educational services through its network of franchisees, with a market focus on regions such as Kyushu, Okinawa, and Yamaguchi Prefecture.
YTD Price Performance: 6.55%
Average Trading Volume: 55,653
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen18.94B
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