Demand for Payment of Basic Customs Duty by OKI India

「OKI INDIA PRIVATE LIMITED, a consolidated subsidiary of ours (hereinafter, OKI India), received notification on 27 December 2024 that the Indian customs authorities had rejected OKI India's objection to a demand for payment of basic customs duties of INR 359 million (¥604 million translated at the exchange rate prevailing at the end of the current interim consolidated accounting period). As OKI India cannot accept the payment demand from the authorities, it has filed an objection with the court. At present, it is difficult to reasonably estimate the likelihood or amount of any loss.」