Decision and Details
U.S. Customs and Border Protection (CBP)Completion of the review of the U.S. tariff refund procedure and confirmation of the refund amount
Following the U.S. Supreme Court’s determination that tariffs imposed under the IEEPA were invalid, CBP began operating CAPE Phase 2.
The refund-eligible amount of US$109 million (approximately ¥17 billion) and interest are expected to be recognized in the second quarter of the fiscal year ending March 2027. The impact on the full-year consolidated earnings forecast for the fiscal year ending March 2027 was already reflected in the First-Quarter Financial Results Summary〔IFRS〕released on 5 August 2026.
| Item | Details |
|---|---|
| Matter Covered | Completion of the review of the U.S. tariff refund procedure and confirmation of the refund amount |
| Decision-Making Body | U.S. Customs and Border Protection (CBP) |
| Decision Date | 2 September 2026 (disclosure date; review completion date and refund amount confirmation date: Not disclosed) |
| Implementation Date | Scheduled to be recognized in the second quarter of the fiscal year ending March 2027 |
| Period Covered | Second quarter of the fiscal year ending March 2027 |
| Amount | Refund-eligible amount: US$109 million (approximately ¥17 billion); interest: amount Not disclosed |
| Quantity / scale | Certain U.S. subsidiaries; refund application amount: US$109 million |
| Impact on Business Performance | The refund-eligible amount of US$109 million (approximately ¥17 billion) and interest are expected to be recognized in the second quarter of the fiscal year ending March 2027. The impact on the full-year consolidated earnings forecast for the fiscal year ending March 2027 was already reflected in the First-Quarter Financial Results Summary〔IFRS〕released on 5 August 2026. |
| Reason | Following the U.S. Supreme Court’s determination that tariffs imposed under the IEEPA were invalid, CBP began operating CAPE Phase 2. |
| Governing Rule | International Emergency Economic Powers Act (IEEPA) |
| Related previous disclosures | “First-Quarter Financial Results Summary for the Fiscal Year Ending March 2027〔IFRS〕,” released on 5 August 2026 |
| Future plans | The refund-eligible amount and interest are expected to be recognized in the second quarter of the fiscal year ending March 2027. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Following the U.S. Supreme Court’s determination that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were invalid, CBP began operating CAPE Phase 2, the system for processing tariff refund applications.