Resolution of damages claim litigation through settlement
CENTRAL SECURITY PATROLS CO.,LTD.
Related procedures
Settlement of a damages claim lawsuit
Tokyo District Court
Mitsui Sumitomo Insurance Company, Limited; Sompo Japan Insurance Inc.
CENTRAL SECURITY PATROLS CO.,LTD.
¥450 million (settlement amount, to be recorded as an extraordinary loss)
Second-quarter results for the fiscal year ending February 2027
The impact on the earnings forecast is currently under review. The Company will promptly disclose any matter requiring disclosure.
The settlement amount is expected to be recorded as an extraordinary loss in the second-quarter results for the fiscal year ending February 2027. The Company will review the earnings forecast and promptly disclose any matter requiring disclosure.
If any facts requiring disclosure arise, Japan Display Inc. will promptly announce them.
| Item | Details |
|---|---|
| Event name | Resolution of damages claim litigation through settlement |
| Date of occurrence | 13 August 2026 (date settlement reached) |
| Subject Entity | CENTRAL SECURITY PATROLS CO.,LTD. |
| Amount of Impact on Business Performance | ¥450 million (settlement amount, to be recorded as an extraordinary loss) |
| Accounting period in which recognized | Second-quarter results for the fiscal year ending February 2027 |
| Impact on Earnings Forecast | The impact on the earnings forecast is currently under review. The Company will promptly disclose any matter requiring disclosure. |
| Type of litigation or proceeding | Settlement of a damages claim lawsuit |
| Court or authority | Tokyo District Court |
| Plaintiff | Mitsui Sumitomo Insurance Company, Limited; Sompo Japan Insurance Inc. |
| Defendant | CENTRAL SECURITY PATROLS CO.,LTD. |
| Date of filing / date of action | 19 October 2023 (date filed) |
| Outlook | The settlement amount is expected to be recorded as an extraordinary loss in the second-quarter results for the fiscal year ending February 2027. The Company will review the earnings forecast and promptly disclose any matter requiring disclosure. |
| Planned follow-up disclosure | If any facts requiring disclosure arise, Japan Display Inc. will promptly announce them. |
Items this document does not state (12)
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.A settlement was reached in the damages claim litigation being heard by the Tokyo District Court. The specific reasons for reaching the settlement are not stated.