Seiko Epson said on September 2, 2026 that US Customs and Border Protection has finished reviewing refund claims filed by some of its American subsidiaries and approved the entire amount sought: $109mn, plus interest. The Nagano-based printer and precision-instruments maker expects to book both the principal and the interest in the quarter to September 2026, the second quarter of its fiscal year ending March 2027.
The claim traces back to a US Supreme Court ruling that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were invalid. CBP responded by switching on Phase 2 of its integrated customs-processing system, CAPE, on June 29, 2026, to handle the resulting wave of refund applications. Seiko Epson's US units filed their $109mn claim that same month; the review closed roughly two months later, with the full amount approved and no reduction applied.
Converted at the figure Seiko Epson itself supplies, the approved principal comes to about ¥17bn. The interest amount is separate and has not been disclosed, so readers should not treat the ¥17bn figure as the total cash inflow.
No change to the full-year number
Seiko Epson said the refund's effect on its consolidated forecast for the year to March 2027 is already captured in the first-quarter earnings report it published on August 5, 2026, prepared under IFRS. That makes this notice a confirmation of timing and amount rather than a guidance revision: the company had already told investors what to expect, and this filing simply nails down the number CBP signed off on.