MTI to record 823m yen extraordinary income from tax refund

MTI will record extraordinary income of 823 million yen from a consumption tax refund and 252 million yen in deferred tax adjustments for the fourth quarter ending September 30, 2025.

This stems from a correction by the Shinjuku Tax Office regarding consumption tax treatment on lapsed points from fiscal 2020. The adjustment was not included in MTI's May earnings forecast.