Seven & i Holdings Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2016; Provides Earnings Guidance for the Year Ending February 28, 2017
January 12, 2017 at 10:00 am
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Seven & i Holdings Co., Ltd. reported consolidated earnings results for the nine months ended November 30, 2016. For the period, the company reported revenues from operations of JPY 4,288,929 million against JPY 4,513,893 million a year ago. Operating income was JPY 274,006 million against JPY 261,037 million a year ago. Ordinary income was JPY 276,401 million against JPY 259,408 million a year ago. Net income attributable to owners of parent was JPY 75,538 million or JPY 85.35 per diluted share against JPY 125,439 million or JPY 141.74 per basic share a year ago. Income before income taxes was JPY 172,112 million against JPY 232,929 million a year ago. Net cash provided by operating activities was JPY 367,271 million against JPY 351,070 million a year ago. Acquisition of property and equipment was JPY 245,015 million against JPY 223,491 million a year ago. Acquisition of intangible assets was JPY 23,195 million against JPY 30,970 million a year ago.
The company provided earnings guidance for the year ending February 28, 2017. For the year ending February 28, 2017, the company expects revenues from operations of JPY 5,770,000 million, operating income of JPY 353,000 million, ordinary income of JPY 351,000 and net income attributable to owners of parent was JPY 80,000 million or JPY 90.48 per share.
Seven & i Holdings Co., Ltd. specializes in retailing. Net sales break down by type of stores as follows:
- convenience stores (58.4%): operated, at the end of February 2021, 31,586 stores (of which 21,702 located in Japan) under the Seven-Eleven name;
- supermarkets and specialized stores (32.8%): owned 1,339 stores primarily under the names Seven & i Food Systems (614), York-Benimaru (235), Ito-Yokado (132), The Loft (131), Akachan Honpo (117) and York (100) ;
- department stores (7.3%): owned 10 stores under the Sogo & Seibu name;
- other (0.1%).
The remaining sales (2.9%) are primarily from financial services and catering services.
Net sales break down geographically as follows: Japan (59.6%), North America (38.7%) and other (1.7%).
Seven & i Holdings Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2016; Provides Earnings Guidance for the Year Ending February 28, 2017
SEVEN & I HOLDINGS CO., LTD. 
