Delays in Executing Store Expansion, Refurbishment and M&A, and Failure to Achieve Expected Investment Benefits
First written in FY2025. 1 of 4 entries say "Worsened", first in FY2026-H1. Latest entry: 2026-09-29.
The whole theme swung hardest in 2018: 13 of 79 companies on the "Worse" side.
100 other companies' latest entry also says "Restated".
- FY2026-H1WorsenedAnnual report
「The Company will implement various measures to maximize synergies and work to improve profitability. However, if these measures or the integration process do not proceed as expected and an impairment loss is recognized on the related goodwill, the Group's business, financial condition and performance may be affected.」
The potential impact if the integration process and realization of synergies following the acquisition of 西友 do not proceed as planned is specifically linked to goodwill impairment. - FY2025First statedAnnual report
「However, these activities may require substantial funding and may temporarily affect the Group's financial condition and business performance. In addition, if the business does not develop as planned after implementation or requires expenditures exceeding expectations, the Group may fail to obtain the anticipated benefits from these investment and financing activities.」
The Company identifies funding requirements, failure to meet plans, unexpected excess expenditures and failure to achieve investment benefits as risks associated with investment and financing activities such as store expansion, renovations and M&A.