Forside Co.,Ltd.

2026/10/02 18:47 Updated
Market Cap: $23.2M (¥3.7B)
Stock Price: $0.53 (¥84)
Exchange Rate: 1 USD = ¥157.73

Notice of Filing of Litigation Against Our Consolidated Subsidiary (Service of Complaint)

Consolidated subsidiary AI Tech Solutions has been sued by AICE Co., Ltd. The claims consist of two items recorded: 13,282,500 yen and 9,173,774 yen in late damages, related to a dispute over contract formation. Future impact is expected to be minor, and the Company will notify promptly if any matters requiring disclosure arise.

Importance:
Page Updated: October 5, 2026
IR Disclosure Date: October 5, 2026

Key Figures

  • Claim Amount (Item 1): 13,282,500 yen
  • Claim Amount (Item 2): 9,173,774 yen
  • Date of Filing: 2026-08-31 (Court: Tokyo District Court)

AI要約

Overview of the Litigation

AICE Co., Ltd. filed a lawsuit against AI Tech Solutions (a consolidated subsidiary) at the Tokyo District Court. The complaint was served on October 2, 2026. The plaintiff claims that a requirements definition services contract had been formed and is claiming compensation and late payment damages. Although efforts were made in 2024 to conclude the contract, it was not formed, and subsequent development outsourcing agreements were also not concluded. AI Tech Solutions maintains that there was no obligation to conclude the contract. The Company expects the litigation to have a minor impact on consolidated results.

Outlook and Business Alliance

AI Tech Solutions considers the plaintiff's claims to be without merit and intends to assert its position in the lawsuit. At present, the business alliance between AI Tech Solutions and AICE remains in place, but in light of the filing of this lawsuit, the handling of the future partnership is under review. If any matters requiring disclosure arise, the Company will promptly notify.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Forside Co.,Ltd.

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