Brief Summary FY2022

Contents

Consolidated Results

Financial Results P1

Major Factors for the Change P2

Segment Information P3

Interest-Bearing Debt & Ratings P4

Consolidated Balance Sheets P6

Consolidated Statements of Income P7

Consolidated Statements of Cash Flows P8

Financial Results and Business Performance of Major Companies

Domestic Convenience Store Operations P9

Overseas Convenience Store Operations P10

Superstore Operations P12

Department and Specialty Store Operations P15

Financial Services P17

Group Strategy P17

Capital Expenditures, Depreciation and Amortization of Major Companies P18

Store Information

Number of Stores and Store Openings / Closures of Major Companies P19

Store Information in Domestic / Overseas Convenience Store Operations P20

Store Information in Superstore Operations P21

Number of Stores by Type P22

Sales Floor Space P22

Employee and Other Information P23

April 7, 2022

Seven & i Holdings Co., Ltd.

Consolidated Results

Financial Results

Group's total sales

Gross revenues from operations [reference]

Domestic convenience store operations

Overseas convenience store operations

Superstore operations

Department and specialty store operations

Financial services

Others

Eliminations / Corporate Revenues from operations

Domestic convenience store operations

Overseas convenience store operations

Superstore operations

Department and specialty store operations

Financial services

Others

Eliminations / Corporate Operating income (loss)

Domestic convenience store operations

Overseas convenience store operations

Superstore operations

Department and specialty store operations

Financial services

Others

Eliminations / Corporate Ordinary income

Special gains Special losses

Income before income taxes

Net income attributable to owners of parent ROA (%)

Number of shares outstanding Average

End of period

Medium-Term Management Plan 2021-2025 key consolidated financial KPIs

(Millions of yen)

Fiscal Year Ended

Fiscal Year Ended

Fiscal Year Ended

Feb. 28, 2021

Feb. 28, 2022

Feb. 28, 2022

YOY(%)/change

YOY(%)/change

YOY(%)/change

YOY(%)/change

(Millions of yen)

Fiscal Year Ended

Fiscal Year Ended

Fiscal Year Ended

Fiscal Year Ending

Feb. 29, 2020

Feb. 28, 2021

Feb. 28, 2022

Feb. 28, 2023 (Forecast)

YOY(%)

YOY(%)

YOY(%)

YOY(%)

* Forecast for the fiscal year ending February 28, 2023 is based on figures after applying the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020).

* The forecast for revenues from operations in the fiscal year ending February 28, 2023, presented as "Gross revenues from operations [reference] " is based on the previous accounting standard. Notes: 1. Group's total sales include the sales of Seven-Eleven Japan, Seven-Eleven Okinawa and 7-Eleven, Inc. franchisees.

Notes: 2. In accordance with our Medium-Term Management Plan announced on July 1, 2021, we reclassified our business segments, effective from the second quarter for FY2022.

Notes: 2. Figures in the tables have been restated to reflect this change.

Notes: 3."Eliminations / Corporate" in operating income mainly reflects the Company's operating expenses relating to the Group strategy.

Notes: 4. EBITDA: Operating income + Depreciation and amortization + Amortization of goodwill* *Amortization of goodwill: Only figure included in SG&A expenses Notes: 5. ROA: Net income attributable to owners of parent / Average of total assets at the beginning and the end of each fiscal year

Notes: 6. ROE: Net income attributable to owners of parent / Average of owners' equity* *Owners' equity: Net assets - Subscription rights to shares - Non-controlling interests at the beginning Notes: 6. ROE: and the end of each fiscal year

Notes: 7. EPS: Net income attributable to owners of parent / Weighted average shares outstanding during the period

Notes 8. EPS before amortization of goodwill: (Net income attributable to owners of parent + Amortization of goodwill) / Weighted average shares outstanding during the period.

Notes 9. Number of shares outstanding at each fiscal year-end and of weighted average shares over each fiscal period do not include treasury stock.

Notes: 8. Seven & i Holdings introduced the BIP Trust and ESOP Trust and its shares held by these Trusts are included in the number of treasury stock.

Notes10. Operating cash flow represents management accounting figures based on NOPAT (excl. financial services).

Notes11. Free cash flow is based on management accounting figures (excl. financial services) and is calculated by excluding M&A as a strategic investment from investment cash flow.

Notes12. ROIC:Net income + Interest expense×(1 - Effective tax rate) /Owner's equity + Interest-bearing debt (both the averages of the figures at the beginning and the end of each fiscal year)

-1 -

Major Factors for the Change

(Millions of yen)Overseas convenience store operations

Financial services

Others

Eliminations / Corporate*3

Ordinary income

Income before income taxes

Net income attributable to owners of parent

Ito-Yokado: (6.1)

Sales: (3.3), Gross profit margin: (8.9), SG&A expenses: +6.1

York-Benimaru: (1.8)

Sales: (0.29), Gross profit margin: (2.5), SG&A expenses: +0.96

Life Foods*2: +0.13

Others: (3.0)

Sogo & Seibu: +3.1

Sales: +3.1, Gross profit margin: +0.78, SG&A expenses: (0.76)

Seven & i Food Systems: +2.9

Others: +2.5

Increase in operating income, increase in non-operating expenses

Decrease in special losses

Major Factors for the ChangeTotal store sales at Seven-Eleven Japan: +82.1

Total store sales at 7-Eleven, Inc.: +3,056.8

Domestic CVS: +14.4, Overseas CVS: +2,940.9, Superstore: (0.10),

Department and specialty store: +27.6, Financial services: (4.5)

[Effect of exchange rate: +158.0]

[Effect of exchange rate: +4.6]Seven-Eleven Japan: (10.2)

Sales: +12.5, Gross profit margin: (7.0), SG&A expenses: (15.7)

Others: (0.07)

7-Eleven, Inc.: +105.6 [of which, effect of exchange rate: +6.4]

Sales: +394.3, Gross profit margin: +45.8, SG&A expenses: (334.4)

Others: +1.7

Amortization of goodwill: (46.2) [of which, effect of exchange rate: (1.9)]

Nissen Holdings [Consolidated]: +0.60

*1. Group's total sales include the sales of Seven-Eleven Japan, Seven-Eleven Okinawa and 7-Eleven, Inc. franchisees. *2. Life Foods was a wholly owned subsidiary which produced and sold delicatessen mainly in York-Benimaru stores.

*3. Eliminations / Corporate in operating income mainly reflect the Company's operating expenses relating to the Group strategy.

(Billions of yen)

[Effect of exchange rate: +197.6]

Segment Information

Business segment information

Assets (end of period)

Domestic convenience store operations Overseas convenience store operations Superstore operations

Department and specialty store operations Financial services

Others

Eliminations / Corporate Capital expenditures

Domestic convenience store operations Overseas convenience store operations Superstore operations

Department and specialty store operations Financial services

Others

Eliminations / Corporate Depreciation and amortization Domestic convenience store operations Overseas convenience store operations Superstore operations

Department and specialty store operations Financial services

Others

Eliminations / Corporate Amortization of goodwill

Domestic convenience store operations Overseas convenience store operations Superstore operations

Department and specialty store operations Financial services

Others

Corporate EBITDA

Domestic convenience store operations Overseas convenience store operations Superstore operations

Department and specialty store operations Financial services

Others

Eliminations / Corporate Impairment loss

Domestic convenience store operations Overseas convenience store operations Superstore operations

Department and specialty store operations Financial services

Others

Eliminations / Corporate

YOY(%)

Composition(%)

5,996,887 - - - - - - -100.0

13.5

47.2

11.1

6.1

19.6

0.4

2.0

360,909

100.0 510,700

116.2

101,917

22.7 102,900

103.1

136,992

40.6 219,200

122.8

47,310

14.1 59,000

94.9

22,398

3.4 28,000

185.6

36,099

8.5 40,800

109.3

2,062

0.5 1,100

47.3

14,127

10.1 59,700

134.1

226,475

100.0 355,200

121.4

75,010

27.6 84,400

104.5

78,713

43.5 170,800

134.3

26,071

9.8 31,700

110.8

14,335

4.9 16,700

115.5

29,031

10.9 35,500

111.7

1,074

0.3 1,200

136.8

2,238

3.0 14,900

168.1

23,574 -

100.0 97,100 -

136.2

19,653

94.5

3,098

4.3

462

0.6

359 - -

0.5

- -

674,317

100.0 882,300

117.4

330,271

38.7

201,718

45.1

50,477

6.4

23,078

0.9

83,001

8.9

(149)

0.1

(14,080)

-

35,477

61.8 35,484

100.0 27,775

78.3

100.0

11,801

3,565

10,102

5,302

4,651

39

14

Fiscal Year Ended

Fiscal Year Ended

Fiscal Year Ended

Fiscal Year Ending

Feb. 29, 2020

Feb. 28, 2021

Feb. 28, 2022

Feb. 28, 2023 (Forecast)

YOY(%)

YOY(%)

YOY(%)

Notes: 1. Capital expenditures include long-term leasehold deposits, advances for store construction, and investments related to store openings for each fiscal year and beyond, Notes: 2. and do not include the increase of future amortization of assets under the Accounting Standard for Asset Retirement Obligations.

Notes: 2. Figures for actual results do not include goodwill and others related to the acquisition of stores, etc.

Notes: 2. "Eliminations / Corporate" in capital expenditures mainly reflects inter-segment transactions of non-current assets within the Group and capital expenditures Notes: 2. relating to the Group strategy.

Notes: 2. Depreciation and amortization respectively include 2,596 million yen, and 970 million yen recorded as "Loss related to novel coronavirus Notes: 4. (COVID-19)" in the consolidated income statements for the fiscal year ended February 28, 2021, and February 28, 2022.

Notes: 3. "Eliminations / Corporate" in depreciation and amortization mainly reflects the Company's depreciation and amortization relating to the Group strategy. Notes: 3. Amortization of goodwill include only the amount recorded on SG&A expenses.

Notes: 4. EBITDA: Operating income + Depreciation and amortization + Amortization of goodwill

Notes: 5. Impairment losses respectively include 7,496 million yen for the fiscal year ended February 29, 2020; 3,879 million yen for the fiscal year ended February 28, 2021;

Notes: 5. 1,365 million yen for the fiscal year ended February 28, 2022.

Geographic area segment information

Assets (end of period)

Japan

North America Others Eliminations Revenues from operations

Japan

North America Others Eliminations Operating income

Japan

North America Others Eliminations

Fiscal Year Ended

Feb. 29, 2020

Fiscal Year Ended

Feb. 28, 2021

Fiscal Year Ended

Feb. 28, 2022

Note: "Others" consists of the business results in the P.R.C., etc.

Interest-Bearing Debt & Ratings

Interest-bearing debt (end of period)

Short-term loans

Current portion of long-term loans

Current portion of bonds Subtotal

Long-term loans

Bonds

Subtotal Total

Ratio to total assets (%) Ratio to owners' equity (%)

Fiscal Year Ended

Feb. 29, 2020

Fiscal Year Ended

Feb. 28, 2021

Fiscal Year Ended

Feb. 28, 2022

(Millions of yen)

Interest-bearing debt by business segment (end of period)

Domestic convenience store operations

Overseas convenience store operations

Superstore operations

Department and specialty store operations

Others

Corporate

Subtotal Financial services Total

Fiscal Year Ended

Feb. 29, 2020

Fiscal Year Ended

Feb. 28, 2021

Fiscal Year Ended

Feb. 28, 2022

(Millions of yen)

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Seven & I Holdings Co. Ltd. published this content on 07 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2022 06:02:08 UTC.