Epson Hit With £120 Million Fiery Write-Down as US Tariffs Bite.

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Seiko Epson Corporation reported rising revenues in its latest financial results, but profits were impacted by a major goodwill impairment linked to its acquisition of Fiery LLC, as U.S. tariffs continue to pressure the global print industry. The company recorded a write-down of more than £120 million after determining that tariffs on imported components and hardware are likely to reduce Fiery’s long-term profitability and growth potential. Despite strong overall sales performance, Epson warned that higher costs, supply chain disruptions, and softer demand tied to ongoing trade tensions are weighing on margins. While the impairment is a non-cash charge, it highlights how U.S. tariff policies are reshaping valuation expectations across the imaging and printing sector, forcing companies like Epson to reassess past acquisitions and future earnings potential.

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May 1, 2026 at 10:27 AM