www.teijin.co.jp/news/2022/04/28/20220428_01.pdf

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This document informs that Teijin Corporation will recognize special profits in its individual financial statements for the fiscal year ending March 2022. Specifically, to resolve the insolvency of its subsidiary, Teijin Carbon Fibers, Inc., the company executed a capital increase to its holding company, Teijin Holdings USA, Inc. As a result of this capital increase, the company will reverse a provision for guarantee losses, recognizing 13.7 billion yen as special profits. However, this amount will not affect the consolidated financial statements.