Lawsuit Filed Against Consolidated Subsidiary (Receipt of Complaint)
AI Tech Solutions Co., Ltd. (consolidated subsidiary)
Development of a logistics-matching platform system
AICE claimed that an agreement had been concluded, despite the parties' failure to agree on conditions including the functional requirements and development costs and the resulting failure to conclude a development outsourcing agreement.
Related procedures
Lawsuit (claim for payment of fees and other amounts under a development outsourcing agreement)
Tokyo District Court
AICE Co., Ltd.
AI Tech Solutions Co., Ltd.
¥13,282,500 plus delay damages. Alternatively, ¥9,173,774 plus delay damages.
The actual impact on consolidated results has not been disclosed. The claim is for ¥13,282,500 plus delay damages, and the alternative claim is for ¥9,173,774 plus delay damages. No accounting classification has been specified.
The Company expects the impact of this matter on its consolidated results to be immaterial.
AI Tech Solutions believes that the plaintiff's claim is without merit and will assert its position in the lawsuit. It will consider how to handle its business alliance agreement with AICE going forward and will promptly announce its decision once made.
The Company will promptly disclose any matters that should be disclosed in the future.
| Item | Details |
|---|---|
| Event name | Lawsuit Filed Against Consolidated Subsidiary (Receipt of Complaint) |
| Date of occurrence | 31 August 2026 (date lawsuit filed) |
| Date recognized / date notice received | 2 October 2026 (date complaint served) |
| Subject Entity | AI Tech Solutions Co., Ltd. (consolidated subsidiary) |
| Target Locations / Products | Development of a logistics-matching platform system |
| Cause | AICE claimed that an agreement had been concluded, despite the parties' failure to agree on conditions including the functional requirements and development costs and the resulting failure to conclude a development outsourcing agreement. |
| Amount of Impact on Business Performance | The actual impact on consolidated results has not been disclosed. The claim is for ¥13,282,500 plus delay damages, and the alternative claim is for ¥9,173,774 plus delay damages. No accounting classification has been specified. |
| Impact on Earnings Forecast | The Company expects the impact of this matter on its consolidated results to be immaterial. |
| Type of litigation or proceeding | Lawsuit (claim for payment of fees and other amounts under a development outsourcing agreement) |
| Court or authority | Tokyo District Court |
| Plaintiff | AICE Co., Ltd. |
| Defendant | AI Tech Solutions Co., Ltd. |
| Date of filing / date of action | 31 August 2026 (date lawsuit filed), 2 October 2026 (date complaint served) |
| Claim amount / surcharge amount | ¥13,282,500 plus delay damages. Alternatively, ¥9,173,774 plus delay damages. |
| Outlook | AI Tech Solutions believes that the plaintiff's claim is without merit and will assert its position in the lawsuit. It will consider how to handle its business alliance agreement with AICE going forward and will promptly announce its decision once made. |
| Planned follow-up disclosure | The Company will promptly disclose any matters that should be disclosed in the future. |
Items this document does not state (9)
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 parties did not reach agreement on conditions including the functional requirements and development costs, and no development outsourcing agreement was concluded. Nevertheless, AICE claimed that an agreement had been concluded and demanded payment of fees and other amounts. AI Tech Solutions had responded that no agreement had been concluded and that it had no payment obligation.