www.teijin.co.jp/news/2024/02/08/20240208_03.pdf

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https://www.teijin.co.jp/news/2024/02/08/20240208_03.pdf

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This document announces that Teijin Limited will recognize non-operating income due to a partial resolution of a lawsuit involving its non-consolidated subsidiary, Teijin Desenvolvimento Agro Pecuario LTDA (TEDAP). Established in Brazil in 1972, TEDAP faced land expropriation in 2007. A court ruled in 2018 that the expropriation was invalid and ordered compensation, which had not been received until now. In December 2023, the federal government indicated a repayment plan for the owed compensation. The document also mentions future earnings forecasts related to this matter.