(Update) Hitachi Zosen Ordered to Pay Compensation for Wartime Labor

(Update) Hitachi Zosen Ordered to Pay Compensation for Wartime Labor

   Seoul, Jan. 11 (Jiji Press)--Seoul High Court ordered Hitachi Zosen Corp. <7004> on Friday to pay 50 million won in compensation to a South Korean man who claims to have been forced to work for the Japanese shipbuilder during wartime.
   The court ruled that the right of individuals to claim damages had not been terminated by an agreement between Japan and South Korea on war-related claim rights, concluded when they normalized their diplomatic relations in 1965. The Korean Peninsula was under Japanese colonial rule from 1910 through the end of World War II. in 1945.
   It dismissed claims from Hitachi Zosen's side that the case was invalid as the statute of limitations had passed for filing an action.
   In a statement issued the same day, Hitachi Zosen described the court decision as "regrettable," because it went against the Japanese government's stance on the bilateral agreement, as well as against the company's claims.
   The company added that it will handle the matter appropriately, including by appealing to the Supreme Court, while keeping in touch with the Japanese government.

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