Goodwill impairment risk associated with the acquisition of Seiyu
First written in FY2026-H1. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 36 of 89 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As a result of examining whether there were any indications of impairment during the consolidated fiscal year, no indications of impairment were identified, and no impairment loss relating to goodwill was recorded.」
Although no impairment loss was recognized during the fiscal year for the substantial goodwill associated with the acquisition of Seiyu, the risks arising from dependence on assumptions regarding the business plan, recovery in customer numbers and the ratio of SG&A expenses to revenue remain. - FY2026-H1First statedAnnual report
「In connection with the acquisition of all shares of 株式会社西友 in July 2025, the Group recorded a substantial amount of goodwill, resulting in a high proportion of goodwill to total assets. Although the Group has determined that this goodwill appropriately reflects future earning power, an impairment loss will be recorded if earning power declines.」
In connection with the acquisition of 西友, the Company recorded goodwill of ¥306,538 million, with a period-end balance of ¥298,875 million. It separately identifies the risk of impairment if integration measures do not proceed as expected and earning power declines.