1. On the grounds of appeal by the Defendant CZ, the lower court convicted the Defendant CZ Co., Ltd. of the part concerning the fraud of the facts charged against the Defendant CZ.

The judgment below

Examining the reasoning in light of the relevant legal principles and evidence duly admitted, the lower court did not exhaust all necessary deliberations, but did not err by exceeding the bounds of the principle of free evaluation of evidence against logical and empirical rules, or by misapprehending the legal doctrine on deception and deception in fraud, the criminal intent to commit fraud, and the request for changes in indictment, or by misapprehending the principle

2. As to the Defendant A’s grounds of appeal, the lower court convicted Defendant A of the facts charged (excluding the acquittal portion) on the grounds as indicated in its reasoning.

The judgment below

Examining the reasoning in light of the evidence duly admitted, the lower court did not err by exceeding the bounds of the principle of free evaluation of evidence against logical and empirical rules, or by misapprehending the legal doctrine on co-principal.

3. Therefore, all appeals are dismissed. It is so decided as per Disposition by the assent of all participating Justices on the bench.