Expansion of the supermarket business in Hawaii through the acquisition of QSI
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2018-Q3.
No other company in this theme has enough history to compare yet.
- FY2018-Q3RestatedAnnual report
「In the overseas business, the Group acquired shares in QSI, Inc., which operates supermarkets in Hawaii, in September 2017, adding 24 new stores to the Group.」
The company again describes the acquisition of all QSI shares and the addition of 24 stores to the Group, without indicating a new acquisition or integration phase. - FY2018-Q2AdvancedAnnual report
「In the “Retail Business” segment, goodwill increased by ¥13,794 million during the first quarter of the consolidated fiscal year following the acquisition of all shares of QSI, Inc. The goodwill amount was initially calculated on a provisional basis because the allocation of the acquisition cost had not been completed during the first quarter, but was finalized during the second quarter. No adjustment was made to the goodwill amount.」
The provisional accounting treatment following the acquisition of QSI was finalized in the second quarter, confirming the recorded goodwill amount of ¥13,794 million. - FY2017First statedAnnual report
「September 2017 Acquired all shares of QSI, Inc., which operates 24 supermarkets in Hawaii, and made it a subsidiary.」
The company states in its corporate history that it acquired all shares of QSI and made it a subsidiary in September 2017; QSI operates 24 stores in Hawaii.