Recognition of income taxes for prior fiscal years following a tax audit

「Following a tax audit by the Tokyo Regional Taxation Bureau that identified issues concerning income taxes for the taxable years from the fiscal year ended March 2014 through the fiscal year ended March 2020, we recognized ¥156.121 million in income taxes for prior fiscal years. Although the tax authorities' findings resulted from differences in interpretation, after consulting and discussing the matter with specialists, we accepted the findings and filed amended tax returns.」