Notice Regarding the Jury Verdict in Litigation Against Our Subsidiary
Kioxia Corporation and Kioxia America, Inc. (the Company's consolidated subsidiary)
Certain products of the Company's group
Viasat, Inc. alleged that certain products of the Company's group infringe a single claim of its patent.
Related procedures
Jury verdict in patent infringement litigation
United States District Court for the Western District of Texas
Viasat, Inc.
Kioxia Corporation and Kioxia America, Inc.
Damages of approximately US$229 million (approximately ¥37.1 billion)
Approximately US$229 million (approximately ¥37.1 billion; provisional damages). The impact on consolidated results is currently being examined.
The impact on the Company's consolidated results is currently being examined. If any matter requiring disclosure arises, the Company will disclose it in a timely manner.
The Company will pursue all available legal remedies, including post-verdict motions and, if necessary, an appeal. It will also continue providing products and services to customers and examine the impact on consolidated results.
If any matter requiring disclosure arises, the Company will disclose it in a timely manner.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Jury Verdict in Litigation Against Our Subsidiary |
| Date of occurrence | 16 July 2026 (U.S. time; the date of the jury verdict) |
| Subject Entity | Kioxia Corporation and Kioxia America, Inc. (the Company's consolidated subsidiary) |
| Target Locations / Products | Certain products of the Company's group |
| Cause | Viasat, Inc. alleged that certain products of the Company's group infringe a single claim of its patent. |
| Amount of Impact on Business Performance | Approximately US$229 million (approximately ¥37.1 billion; provisional damages). The impact on consolidated results is currently being examined. |
| Impact on Earnings Forecast | The impact on the Company's consolidated results is currently being examined. If any matter requiring disclosure arises, the Company will disclose it in a timely manner. |
| Type of litigation or proceeding | Jury verdict in patent infringement litigation |
| Court or authority | United States District Court for the Western District of Texas |
| Plaintiff | Viasat, Inc. |
| Defendant | Kioxia Corporation and Kioxia America, Inc. |
| Date of filing / date of action | Filing date: 29 November 2021, U.S. time. Jury verdict date: 16 July 2026, U.S. time |
| Claim amount / surcharge amount | Damages of approximately US$229 million (approximately ¥37.1 billion) |
| Outlook | The Company will pursue all available legal remedies, including post-verdict motions and, if necessary, an appeal. It will also continue providing products and services to customers and examine the impact on consolidated results. |
| Planned follow-up disclosure | If any matter requiring disclosure arises, the Company will disclose it in a timely manner. |
Items this document does not state (10)
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.Viasat, Inc. filed a lawsuit alleging that certain products of the Company's group infringe a single claim of its patent, and the jury returned a verdict in favor of the plaintiff's claims.