Trial folds Seiyu into a ¥1.35 trillion group, at a 70% cost to this year's profit
Trial Holdings has turned itself into a ¥1.35 trillion retailer by taking full control of Seiyu, but the financing and accounting bill for doing so wiped out 70% of this year's profit — a cost the company is now betting it can outrun within a year.
Trial Holdings has folded Seiyu, the supermarket chain once owned by Walmart, fully into its group accounts for the first time, and its FY2026 results show both the scale of that deal and its cost.