Settlement of the lawsuit has been reached. Opponents are Sompo Japan Insurance Co., Ltd. and Tokio Marine & Nichido Fire Insurance Co., Ltd. A settlement amount of 4.50 billion yen will be paid, and it is planned to be recognized as a special loss in the second quarter of the fiscal year ending February 2027. 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Opponents are Sompo Japan Insurance Co., Ltd. and Tokio Marine & Nichido Fire Insurance Co., Ltd. A settlement amount of 4.50 billion yen will be paid, and it is planned to be recognized as a special loss in the second quarter of the fiscal year ending February 2027. Earnings guidance is under review.","jir_summary":"### Background of settlement and counterparties\nRegarding the insurance subrogation-based damages claim filed on October 19, 2023, a settlement has been reached with Sompo Japan Insurance Co., Ltd. and Tokio Marine & Nichido Fire Insurance Co., Ltd.\n\n### Details of the settlement\nCentral Security Services will pay 450,000,000 yen to the counterparties, and both sides confirm that there are no other rights or obligations beyond the settlement terms. Going forward, the settlement funds are planned to be recognized as a special loss, but earnings guidance is under review. If any new facts requiring disclosure arise, they will be disclosed promptly.","jir_financial_highlights":"Settlement amount: 4\u51045000\u4e07\u5186 (unknown)\nTiming of recognized as special loss: Fiscal 2Q 2027 quarterly results (unknown)","jir_category":"","jir_hashtags":"#CentralSecurityServices, #Settlement, #SpecialLoss, #DisclosureUpdate","jir_key_figures":"Settlement amount: 4\u51045000\u4e07\u5186\nTiming of recognizing as a special loss: Fiscal 2Q 2027 quarterly results\nCounterparties: Sompo Japan Insurance Co., Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd.","jir_meta_title":"Central Security Services: Resolution of Damages Claim by Settlement | Planned for 2Q FY2027 Results","jir_meta_description":"Central Security Services announces the settlement of the damages claim based on insurance subrogation. Explains the payment of 450,000,000 yen as settlement money, the timing of recognizing the special loss, and the status of earnings guidance review.","jir_og_title":"Central Security Services: Resolution of Damages Claim by Settlement | Planned for 2Q FY2027 Results","jir_og_description":"Disclosure of the settlement and timing of recognizing the special loss. Earnings guidance is currently under review.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17530,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-103603","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n