The consolidated subsidiary filed a counterclaim with the Tokyo District Court against the system development company, seeking ¥5,015 million in damages and other compensation arising from defects in the core system. The outcome of the litigation and the final amount awarded have not yet been determined.
Filing of a Lawsuit (Counterclaim) by a Consolidated Subsidiary
The core system did not operate properly, causing significant disruption to operations. Discussions concerning system development costs and other matters did not result in an amicable resolution. The opposing party filed a lawsuit seeking payment of outsourcing fees and other amounts.
The impact of this counterclaim and the lawsuit filed by the opposing party on financial results is currently undetermined. The company will promptly make a disclosure if necessary.
| Item | Details |
|---|---|
| Matter Covered | Filing of a Lawsuit (Counterclaim) by a Consolidated Subsidiary |
| Decision Date | 10 September 2026 (date counterclaim filed) |
| Implementation Date | 10 September 2026 (completed; date counterclaim filed) |
| Amount | Damages claimed: ¥5,015 million |
| Impact on Business Performance | The impact of this counterclaim and the lawsuit filed by the opposing party on financial results is currently undetermined. The company will promptly make a disclosure if necessary. |
| Reason | The core system did not operate properly, causing significant disruption to operations. Discussions concerning system development costs and other matters did not result in an amicable resolution. The opposing party filed a lawsuit seeking payment of outsourcing fees and other amounts. |
| Future plans | The amount claimed may change as the proceedings continue. The company will promptly disclose any impact on financial results if disclosure becomes necessary. |
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 core system did not operate properly, causing significant disruption to operations. In addition, discussions with the opposing party did not result in an amicable resolution, and after the opposing party filed a lawsuit seeking payment of outsourcing fees and other amounts, the subsidiary filed a counterclaim together with its defense against the lawsuit.