TOKYO, Mar 09 (Pulse News Wire) – Sanko Gosei Ltd. (7888.T) announced that its Thai subsidiary, Sanko Gosei (Thailand) Co., Ltd.
(STL), received an arbitration claim filed by Siamese Aisin Co., Ltd. STL was served with the claim on February 16, 2026 local time. The dispute centers around recall costs related to automotive parts produced and delivered by STL to Siamese Aisin from June to November 2018. Siamese Aisin claims STL's products led to recalls and seeks compensation totaling 984,568,198.17 Thai baht.
Siamese Aisin, based in Prachin Buri, Thailand, has a capital of Thai baht. STL, located in Sri Ayutthaya, Thailand, reported a capital of Thai baht. In the fiscal year ending May 2025, STL recorded revenue of 362,204,477 Thai baht, operating profit of 11,513,438 Thai baht, ordinary profit of 17,004,072 Thai baht, and net profit of 8,951,188 Thai baht. Sanko Gosei stated it will engage in the arbitration process with sincerity and seek a resolution through negotiation.
The impact of the arbitration on future performance remains undetermined, and any significant developments will be disclosed promptly.
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