Central Security Patrols Co., Ltd.

9740.T
Security & Protection Services
2026/08/21 Updated
Market Cap: $244.5M (¥38.9B)
Stock Price: $17.46 (¥2,776)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Settlement of Damages Claim Litigation

The Company has reached a settlement in the damages claim litigation with Aioi Nissay Dowa Insurance Co., Ltd., agreeing to pay 400 million yen. The impact on business performance is minor.

Importance:
Page Updated: April 21, 2026
IR Disclosure Date: April 21, 2026

Key Figures

  • Settlement Amount: 400 million yen
  • Date of Litigation Filing: 2023-07-18
  • Settlement Date: 2026-04-21

AI要約

Overview of the Settlement

Following the trial at the Tokyo District Court concerning the damages claim litigation based on insurance subrogation filed by Aioi Nissay Dowa Insurance Co., Ltd. on July 18, 2023, the Company reached a settlement on April 21, 2026. The settlement entails the Company paying 400 million yen to the plaintiff. Both parties confirmed that no other claims or obligations exist beyond those stipulated in the settlement terms.

Future Outlook

The cost associated with this settlement is expected to have a minor impact on the Company's performance for the fiscal year ending February 2027, with no significant financial burden anticipated.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Central Security Patrols Co., Ltd.

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