Thai Subsidiary’s Customs Litigation and Risk of Additional Payments
First written in FY2023-Q3. 3 of 9 entries say "Worsened", first in FY2024-Q2. Latest entry: FY2026.
Tachi-S moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Provision for litigation losses 381 408」
The provision for litigation losses related to the tariff litigation involving the Thai subsidiary increased from ¥381 million at the end of the previous fiscal year to ¥408 million. - FY2026-H1MitigatedAnnual report
「Provision for litigation losses 381 364」
The provision for litigation losses related to the tariff litigation involving the Thai subsidiary decreased from ¥381 million at the end of the previous consolidated fiscal year to ¥364 million. - FY2025WorsenedAnnual report
「Provision for litigation losses 339 381」
The provision for litigation losses related to the tariff litigation involving the Thai subsidiary increased from ¥339 million at the end of the previous fiscal year to ¥381 million. - FY2025-H1Litigation loss provision increasedAnnual report
「Provision for litigation losses 339 358」
The provision for litigation losses related to the tariff litigation involving the Thai subsidiary increased from ¥339 million at the end of the previous consolidated fiscal year to ¥358 million. - FY2024-Q3Litigation loss provision increasedAnnual report
「Provision for litigation losses 312 335」
The provision for litigation losses related to the tariff litigation involving the Thai subsidiary increased from ¥312 million at the end of the previous consolidated fiscal year to ¥335 million. - FY2024-Q2WorsenedAnnual report
「Provision for litigation losses 312 334」
The provision for litigation losses related to the tariff litigation involving the Thai subsidiary increased from ¥312 million at the end of the previous consolidated fiscal year to ¥334 million. - FY2024-Q1Litigation loss provision increasedAnnual report
「Provision for litigation losses 312 321」
The provision for litigation losses related to the tariff litigation involving the Thai subsidiary increased from ¥312 million at the end of the previous consolidated fiscal year to ¥321 million. - FY2023RestatedAnnual report
「In preparation for the judgment becoming final in accordance with the court of first instance's decision, ¥312 million was recorded as a provision for litigation losses under current liabilities for the resulting underpayment of tariffs and late-payment interest, and ¥304 million was recorded as an extraordinary loss for the provision for litigation losses.」
Regarding the tariff litigation involving the Thai subsidiary, the annual results reconfirmed the recording of a ¥312 million provision in preparation for the court of first instance's judgment becoming final and a ¥304 million extraordinary loss. - FY2023-Q3First statedAnnual report
「In preparation for the judgment becoming final in accordance with the court of first instance's decision, ¥312 million was recorded as a provision for litigation losses under current liabilities for the resulting underpayment of tariffs and late-payment interest, and ¥300 million was recorded as an extraordinary loss for the provision for litigation losses.」
In litigation brought by a Thai subsidiary against the Thai Customs Department, the court of first instance ordered payment of 42 million baht and other amounts for tariff underpayments. In preparation for the judgment becoming final, the company recorded a ¥312 million provision for litigation losses and a ¥300 million extraordinary loss.