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.