Recognition of an extraordinary loss
INTEC Inc. (consolidated subsidiary); TIS Inc. (consolidated financial statements)
System development and related services
Mitsubishi Foods Corporation filed a damages lawsuit against INTEC Inc. in connection with system development and related services commissioned from INTEC. Following discussions based on a settlement recommendation from the Tokyo District Court, the parties reached a settlement.
Related procedures
Damages lawsuit (settlement reached)
Tokyo District Court
Mitsubishi Shokuhin Co., Ltd.
株式会社インテック
¥15,485 million (changed on 8 December 2023; ¥12,703 million as of 13 November 2018)
¥7,434 million (including the ¥7,090 million settlement amount and litigation-related expenses and other costs; recognized as an extraordinary loss as the expense for a provision for litigation losses)
Fiscal year ending March 2026
INTEC will pay Mitsubishi Foods a settlement amount of ¥7,090 million. Disclosure of other matters is withheld because the settlement terms include a confidentiality clause.
| Item | Details |
|---|---|
| Event name | Recognition of an extraordinary loss |
| Date of occurrence | 24 April 2026 (date the settlement was reached) |
| Subject Entity | INTEC Inc. (consolidated subsidiary); TIS Inc. (consolidated financial statements) |
| Target Locations / Products | System development and related services |
| Cause | Mitsubishi Foods Corporation filed a damages lawsuit against INTEC Inc. in connection with system development and related services commissioned from INTEC. Following discussions based on a settlement recommendation from the Tokyo District Court, the parties reached a settlement. |
| Amount of Impact on Business Performance | ¥7,434 million (including the ¥7,090 million settlement amount and litigation-related expenses and other costs; recognized as an extraordinary loss as the expense for a provision for litigation losses) |
| Accounting period in which recognized | Fiscal year ending March 2026 |
| Type of litigation or proceeding | Damages lawsuit (settlement reached) |
| Court or authority | Tokyo District Court |
| Plaintiff | Mitsubishi Shokuhin Co., Ltd. |
| Defendant | 株式会社インテック |
| Date of filing / date of action | 24 April 2026 (date the settlement was reached). The filing date is Not disclosed |
| Claim amount / surcharge amount | ¥15,485 million (changed on 8 December 2023; ¥12,703 million as of 13 November 2018) |
| Outlook | INTEC will pay Mitsubishi Foods a settlement amount of ¥7,090 million. Disclosure of other matters is withheld because the settlement terms include a confidentiality clause. |
Items this document does not state (11)
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.Following discussions based on a settlement recommendation from the Tokyo District Court, INTEC and Mitsubishi Foods reached a settlement.