and ST HD Co.,Ltd.
Notice Regarding Recording of Impairment Loss
In the consolidated financial statements for the fiscal year ending February 2026, a special loss of 2,334 million yen was recorded as impairment loss on goodwill and intangible assets related to Today’s Special Co., Ltd., which became a consolidated subsidiary.
Key Figures
- Impairment Loss Amount: 2,334 million yen (special loss on goodwill and intangible assets)
- Target Company: Today’s Special Co., Ltd. (currently Adastria Co., Ltd.)
- Reason for Impairment: Deviation from business plan due to delayed pace of store openings
AI要約
Overview of Impairment Loss
In the consolidated financial statements for the fiscal year ending February 2026, the Company recorded a special loss of 2,334 million yen for impairment loss on goodwill and intangible assets related to Today’s Special Co., Ltd. (currently Adastria Co., Ltd.), which was made a consolidated subsidiary in July 2024. Although the two brands acquired (Today’s Special and Georges) have future potential, a delay in store openings caused a deviation from the acquisition business plan.
Impact on Consolidated Performance
This impairment loss is reflected in the 'Financial Summary for the Fiscal Year Ending February 2026 [Japanese GAAP] (Consolidated)' announced on the same day, impacting performance as a special loss. Specific performance figures and year-over-year comparisons have not been disclosed, but the recording of the impairment loss is expected to negatively affect performance.
