Thai court orders enforcement proceedings against GL. The total claimed amount is 5,522,400,000 Thai Baht (about 26,508 million yen). The fulfillment deadline was September 9, 2026. Enforcement procedures are being initiated in preparation for collection, and we will strive to maximize recovery.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8508","jir_company_name":"Group Lease Public Company Limited","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/8508-20260915-01.pdf","jir_short_summary":"Thai court orders enforcement proceedings against GL. The total claimed amount is 5,522,400,000 Thai Baht (about 26,508 million yen). The fulfillment deadline was September 9, 2026. Enforcement procedures are being initiated in preparation for collection, and we will strive to maximize recovery.","jir_summary":"### Current status of the case and response policy\nOur group is continuing litigation with JTRUST ASIA PTBE. LTD. regarding redemption of convertible bonds in Thailand. The Thai court issued a first-instance judgment ordering GL to pay a total of 5,522,400,000 Thai Baht and late damages. Although the fulfillment deadline of September 9, 2026 passed without payment, enforcement procedures have begun. An enforcement order against GL has been issued, and the appointment of an official receiver has progressed. Our group will leverage its experience to maximize damage recovery.\n\n### Future actions and impact\nImplementing enforcement will raise considerations about potential future cash recovery and the impact on financial condition. However, there is no specific recovery amount or practical timing available at this time, and several unknowns remain, so further disclosures will be awaited.","jir_financial_highlights":"Total claim amount: 5,522,400,000\u30bf\u30a4\u30d0\u30fc\u30c4 (\u4e0d\u660e)\nApproximate equivalent: \u7d0426,508\u767e\u4e07\u5186 (\u4e0d\u660e)\nEnforcement order issued: \u6c7a\u5b9a\u6e08\u307f (\u4e0d\u660e)","jir_category":"","jir_hashtags":"#GroupLease, #ThailandLegalProgress","jir_key_figures":"Total claim amount: 5,522,400,000 Thai Baht (about 26,508 million yen)\nFulfillment deadline: 2026-09-09\nEnforcement order issued\nAppointment of the official receiver in progress","jir_meta_title":"\u3010Group Lease\u3011Notice on Thai litigation progress for Group Lease | 2026-09","jir_meta_description":"Announcement of Thai litigation progress for Group Lease. Summary of the first-instance judgment\u2019s payment order and enforcement proceedings. Recovery prospects are unknown; awaiting further disclosures.","jir_og_title":"Group Lease announces formal start of enforcement proceedings in Thai litigation","jir_og_description":"Report on litigation progress including the Thai court\u2019s decision to begin enforcement procedures. Recovery prospects and impact are unknown at present; focus on future disclosures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17110,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-114286","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n