Regarding the shareholder derivative lawsuit, a settlement was reached whereby the defendants shall jointly pay 50 million yen to the joint litigants by March 31, 2026. 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The special profit is expected to be recorded in the fiscal year ending March 2026.","jir_summary":"### Overview of the Settlement\nThe Company had been subject to a shareholder derivative lawsuit related to violations of the Antimonopoly Act concerning the pricing of asphalt mixture sales before January 27, 2015. A settlement has now been reached among the plaintiffs, the defendants (nine individuals excluding Mr. Shintani), and the joint litigants, including the Company. The defendants acknowledge their joint and several liability to pay 50 million yen by March 31, 2026. Each party will bear their own litigation costs, and the details will be promptly disclosed following the settlement.\n\n### Future Outlook\nThrough this settlement, the Company expects to receive 50 million yen as a settlement amount and plans to record it as special profit in the fiscal year ending March 2026, excluding attorney fees and other expenses. While this will have a certain impact on the Company\u2019s financial condition, it is anticipated to reduce litigation risk.","jir_financial_highlights":"Settlement Amount: 50 million yen (Unknown)\nSurcharge Payment Order Amount: 2,170.7 million yen (Unknown)\nPeriod of Special Profit Recognition: Fiscal Year Ending March 2026 (Unknown)","jir_category":"","jir_hashtags":"#ToaRoadCorporation, #ShareholderDerivativeLawsuit, #Settlement","jir_key_figures":"Settlement Amount: 50 million yen (Settlement Sum)\nSurcharge Payment Order Amount: 2,170.7 million yen (Surcharge from the Fair Trade Commission)\nSpecial Profit Recognition Period: Fiscal Year Ending March 2026 (Period for Recording Settlement Amount)","jir_meta_title":"Toa Road Corporation Reaches 50 Million Yen Settlement in Shareholder Derivative Lawsuit and Plans Special Profit Recognition","jir_meta_description":"Toa Road Corporation has reached a 50 million yen settlement with the defendants regarding a shareholder derivative lawsuit. The amount is expected to be recorded as special profit in the fiscal year ending March 2026, reducing litigation risk.","jir_og_title":"Toa Road Corporation Announces Settlement of Shareholder Derivative Lawsuit","jir_og_description":"A settlement payment of 50 million yen regarding a shareholder derivative lawsuit has been decided. Special profit recognition is planned for the fiscal year ending March 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16726,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-22157","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n