Fuji Co., Ltd.

8278.T
Department Stores
2026/04/07 Updated
Market Cap: $1.2B (¥185.7B)
Stock Price: $13.42 (¥2,143)
Exchange Rate: 1 USD = ¥159.74

Notice Regarding Recording of Extraordinary Loss (Impairment Loss)

In the fourth quarter of the fiscal year ending February 2026, an impairment loss of 11,068 million yen was recorded, resulting in a total impairment loss of 11,880 million yen for the consolidated fiscal year.

Importance:
Page Updated: April 7, 2026
IR Disclosure Date: April 7, 2026

Key Figures

  • Impairment Loss (4th Quarter Consolidated Accounting Period): 11,068 million yen
  • Impairment Loss (Total for Consolidated Fiscal Year): 11,880 million yen (including 811 million yen up to the 3rd quarter)
  • Impairment Loss (4th Quarter Individual Accounting Period): 10,856 million yen

AI要約

Overview of Recording Extraordinary Loss (Impairment Loss)

Fuji Co., Ltd. recorded an impairment loss on fixed assets, including stores whose profitability declined, during the fourth quarter consolidated accounting period of the fiscal year ending February 2026, in accordance with the 'Accounting Standard for Impairment of Fixed Assets.' The breakdown includes 127 supermarkets amounting to 9,141 million yen; 12 discount stores totaling 1,608 million yen; 14 rental properties, etc. amounting to 220 million yen; 5 restaurants and food courts totaling 90 million yen; and 2 comprehensive fitness facilities totaling 7 million yen, making a total of 160 properties and 11,068 million yen. This brought the total impairment loss for the consolidated fiscal year to 11,880 million yen.

Impact on Investors and Future Outlook

This impairment loss has been reflected in the financial summary for the fiscal year ending February 2026, negatively impacting earnings. It indicates an ongoing review of store assets with declining profitability, calling for close attention to future trends in asset efficiency improvement and business restructuring. Although the impairment loss is a temporary charge, investors should closely monitor future recovery plans and the effective utilization of assets.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.