Our consolidated subsidiary GDC has settled the PAGA litigation; settlement amount is 647,000 USD. The full amount will be deposited with a third-party escrow agent. An extraordinary loss of 101 million yen is expected to be recorded in Q3 of the fiscal year ending December 2026. 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The full amount will be deposited with a third-party escrow agent. An extraordinary loss of 101 million yen is expected to be recorded in Q3 of the fiscal year ending December 2026. This has been factored into the full-year earnings forecast; no revisions will be made.","jir_summary":"### Summary of the News\nOur consolidated subsidiary GDC has reached a settlement with the plaintiffs in the PAGA litigation and will pay a settlement amount of 647,000 USD. The full settlement amount will be deposited with a third-party escrow agent by December 29, 2026, and following court approval and distribution of funds, the lawsuit will be withdrawn. The settlement is intended to mitigate legal risk and does not constitute an admission of the plaintiffs' allegations or legal liability.\n\n### Financial Impact and Outlook\nAn amount of 101 million yen related to the settlement will be recorded as litigation-related loss in the Q3 financial results for the fiscal year ending December 2026. This matter has already been incorporated into the full-year consolidated earnings forecast, and no revision to the earnings forecast will be made.","jir_financial_highlights":"Settlement amount: 647,000 USD (Unknown)\nAmount to be deposited upon settlement: 101 million yen (Unknown)\nNumber of affected persons: approx. 1,140 people (Unknown)","jir_category":"","jir_hashtags":"#NoSpecificThemeLinkedToGlobalDiningCorporateInfo","jir_key_figures":"Settlement amount: 647,000 USD\nAmount to be deposited: 101 million yen\nAffected employees: approx. 1,140 people","jir_meta_title":"Global-Dining, Inc. Announces Settlement of PAGA Litigation and Recording of Extraordinary Loss","jir_meta_description":"Global-Dining, Inc. reports settlement of PAGA litigation involving consolidated subsidiary GDC: settlement amount 647,000 USD; 101 million yen recorded as extraordinary loss in Q3 FY2026. No revision to full-year forecasts.","jir_og_title":"Global-Dining, Inc. \u2014 PAGA Litigation Settlement and Extraordinary Loss Notice","jir_og_description":"Global-Dining, Inc. confirms settlement of PAGA litigation by consolidated subsidiary GDC. Settlement of 647,000 USD to be deposited with a third-party escrow agent; 101 million yen to be recognized as an extraordinary loss in Q3 FY2026. Full-year forecasts unchanged.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60341,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-136959","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n