---
schema_version: "secwatch.filing_event.v1"
accession: "0000109198-22-000004"
form_type: "8-K"
ticker: "TJX"
cik: "0000109198"
company_name: "TJX COMPANIES INC /DE/"
filed_at: "2022-03-03T23:59:59+00:00"
generated_at: "2026-06-27T01:50:59.131687+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TJX to divest 25% Familia stake after Russia invasion; potential $186M impairment

## Summary
- Commits to sell equity in Familia, a Russian off-price retailer with 400+ stores, due to Ukraine invasion.
- Doug Mizzi and Scott Goldenberg resigned from Familia's Board effective March 2, 2022.
- $225M invested in 2019; carrying value $186M as of Jan 29, 2022, including $40M cumulative FX loss.
- Investment loss or impairment charge possible if fair value falls below carrying amount.
- TJX has no sales in Russia or Ukraine; Familia accounted for under equity method.

## SEC filing metadata
- accession: 0000109198-22-000004
- form_type: 8-K
- ticker: TJX
- cik: 0000109198
- company_name: TJX COMPANIES INC /DE/
- filed_at: 2022-03-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/109198/000010919822000004/0000109198-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/109198/000010919822000004/tjx-20220302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000109198-22-000004
- JSON: https://secwatch.observer/filing/0000109198-22-000004.json
- Plain text: https://secwatch.observer/filing/0000109198-22-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.