Decision and Details
Settlement agreement in litigation brought by Credit Suisse
The company is refraining from disclosing the terms of the settlement agreement and other details due to confidentiality obligations. The settlement does not constitute an admission of the plaintiff's claims or Tokio Marine & Nichido's liability.
The impact on full-year fiscal 2026 results is considered immaterial
| Item | Details |
|---|---|
| Matter Covered | Settlement agreement in litigation brought by Credit Suisse |
| Decision Date | 24 September 2026 (settlement agreement date) |
| Implementation Date | 24 September 2026 (settlement agreed) |
| Impact on Business Performance | The impact on full-year fiscal 2026 results is considered immaterial |
| Reason | The company is refraining from disclosing the terms of the settlement agreement and other details due to confidentiality obligations. The settlement does not constitute an admission of the plaintiff's claims or Tokio Marine & Nichido's liability. |
| Related previous disclosures | News release dated 30 June 2021, “Transactions between our subsidiary (BCC) and Greensill”; news release dated 4 April 2022, “Transactions between our subsidiary (BCC) and Greensill (Update)” |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company is refraining from disclosing the terms of the settlement agreement and other details due to confidentiality obligations. It considers the impact on full-year fiscal 2026 results to be immaterial. It also states that the settlement does not constitute an admission of the plaintiff's claims or Tokio Marine & Nichido's liability.