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TIS Takes ¥7.4 Billion Extraordinary Loss on INTEC Litigation Settlement

Story Highlights
  • TIS recorded a ¥7,434 million extraordinary loss after subsidiary INTEC settled a system development dispute with Mitsubishi Shokuhin.
  • The litigation-related loss affects TIS’s consolidated results but leaves its non-consolidated earnings unchanged, containing the financial impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TIS Takes ¥7.4 Billion Extraordinary Loss on INTEC Litigation Settlement

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An announcement from TIS Inc. ( (JP:3626) ) is now available.

TIS Inc. reported an extraordinary loss in its consolidated results for the fiscal year ended March 31, 2026, after subsidiary INTEC Inc. settled a long-running system development dispute with Mitsubishi Shokuhin Co., Ltd. Following a court-recommended settlement, INTEC agreed to pay ¥7,090 million, leading to a total provision of ¥7,434 million including litigation-related expenses.

The loss has been recognized as an extraordinary item in TIS’s consolidated financial statements, highlighting the financial impact of project-related legal risks in its systems integration business. The company noted that the charge is confined to consolidated figures and does not affect its non-consolidated results, suggesting the hit is contained at the group level while signaling heightened attention to contract and project risk management for stakeholders.

The most recent analyst rating on (JP:3626) stock is a Hold with a Yen3590.00 price target. To see the full list of analyst forecasts on TIS Inc. stock, see the JP:3626 Stock Forecast page.

More about TIS Inc.

TIS Inc., listed on the Prime Market of the Tokyo Stock Exchange, operates in the information services and systems integration industry, providing system development and related IT services through subsidiaries such as INTEC Inc. The group focuses on large corporate clients in Japan, delivering outsourced technology solutions and long-term systems projects.

Average Trading Volume: 2,009,819

Technical Sentiment Signal: Hold

Current Market Cap: Yen763.3B

See more insights into 3626 stock on TipRanks’ Stock Analysis page.

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