Decision and Details
Settlement with certain defendants in litigation and recognition of an extraordinary gain
After comprehensively considering the progress of the proceedings, the economic burden of prolonged litigation and other circumstances, the Company determined that settling was reasonable for the Company.
The impact on consolidated results for the fiscal year ending August 2026 is currently being examined, including the impact of other factors; the Company will promptly disclose any matter requiring disclosure.
| Item | Details |
|---|---|
| Matter Covered | Settlement with certain defendants in litigation and recognition of an extraordinary gain |
| Decision Date | 24 July 2026 |
| Implementation Date | Settlement reached as of 24 July 2026 (completed); scheduled to be recognized as an extraordinary gain in the consolidated accounting period for the fourth quarter of the fiscal year ending August 2026 |
| Period Covered | Consolidated accounting period for the fourth quarter of the fiscal year ending August 2026 |
| Amount | The settlement amount will not be disclosed under the settlement terms; it exceeds 30% of the average net income attributable to owners of the parent for the most recent 5 years |
| Quantity / scale | Settlements reached with 4 of the 6 defendants |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending August 2026 is currently being examined, including the impact of other factors; the Company will promptly disclose any matter requiring disclosure. |
| Reason | After comprehensively considering the progress of the proceedings, the economic burden of prolonged litigation and other circumstances, the Company determined that settling was reasonable for the Company. |
| Related previous disclosures | “(Progress of Disclosure) Notice Regarding the Filing of Litigation” dated 11 October 2022 and 25 April 2024 |
| Future plans | Scheduled to be recognized as an extraordinary gain in the consolidated accounting period for the fourth quarter of the fiscal year ending August 2026; the Company will examine the impact and promptly disclose any matter requiring disclosure. |
Items this document does not state (2)
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 Company continued negotiations following indications from the court and, taking into account the progress of the proceedings and the economic burden of prolonged litigation, determined that settling with the 4 parties was reasonable for the Company. The settlement amount will not be disclosed under the settlement terms.