Seven & i Holdings Co., Ltd. Provides Consolidated Financial Forecast for the Six Months Ending August 31, 2021 and Fiscal Year Ending February 28, 2022
July 01, 2021 at 02:00 am EDT
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Seven & i Holdings Co., Ltd. provided consolidated financial forecast for the six months ending August 31, 2021 and fiscal year ending February 28, 2022. For the six months, the company forecasted revenues from Operations of JPY 3,516,000 million, operating income of JPY 184,000 million, net income attributable to owners of parent of JPY 90,000 million and net income per share of JPY 101.93.
For the fiscal year, the company forecasted revenues from operations of JPY 8,038,000 million, operating income of JPY 380,000 million, net income attributable to owners of parent of JPY 190,000 million and net income per share of JPY 215.18.
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. Provides Consolidated Financial Forecast for the Six Months Ending August 31, 2021 and Fiscal Year Ending February 28, 2022