Seven & i : Notice regarding Forecast of Business Results for the Fiscal Year ending February 28, 2017
August 02, 2016 at 07:05 am EDT
Share
To whom it may concern,
August 2, 2016
Company Name: Seven & i Holdings Co., Ltd. Representative: Ryuichi Isaka
President & Representative Director (Code No. 3382/First Section of the Tokyo Stock Exchange)
Notice regarding Forecast of Business Results for the Fiscal Year ending February 28, 2017
Seven & i Holdings Co., Ltd. has determined its forecast of business results for the fiscal year ending February 28, 2017 as follows. The forecast was left undetermined in the "Consolidated Financial Results for the Three Months ended May 31, 2016" announced on July 7, 2016.
Consolidated Financial Results Forecast for the Six Months ending August 31, 2016 (From March 1, 2016 to August 31, 2016)
(Millions of yen, except per share amounts)
Interim Period
Change
Revenues from Operations
3,035,000 1.3%
Operating Income
182,000 5.5%
Ordinary Income
180,500 5.7%
Net Income Attributable to Owners of Parent
83,000 (1.8)%
Net Income per Share (yen)
93.87 －
Consolidated Financial Results Forecast for the Fiscal Year ending February 28, 2017 (From March 1, 2016 to February 28, 2017)
(Millions of yen, except per share amounts)
Entire Ye
ar
Change
Revenues from Operations
6,137,000
1.5%
Operating Income
379,000
7.6%
Ordinary Income
376,000
7.4%
Net Income Attributable to Owners of Parent
172,000
6.9%
Net Income per Share (yen)
194.53
－
Forecast Revenues from Operations and Operating Income by Segment (From March 1, 2016 to February 28, 2017)
(Millions of yen)
Fiscal Year ending February 28, 2017 Revenues from Operations Operating Income
Change Change
Convenience store operations
Superstore operations
2,725,000
2,125,000
1.8%
3.1%
315,400
25,300
3.7%
249.7%
Department store operations
886,000
0.1%
8,200
114.0%
Food services
87,000
3.8%
2,100
129.0%
Financial services
205,000
6.5%
51,400
3.4%
Mail order services
129,000
(18.7)%
(10,500)
－
Others
58,000
(5.8)%
4,600
17.3%
Total before eliminations
6,215,000
1.5%
396,500
10.0%
Eliminations / corporate
(78,000)
－
(17,500)
－
Consolidated total
6,137,000
1.5%
379,000
7.6%
Reason for Announcement
The consolidated financial results forecast for the fiscal year ending February 28, 2017 was left undetermined because the financial results forecast of the Company's consolidated subsidiary Nissen Holdings Co., Ltd. had not been announced. However, this forecast has now been announced, and the Company is able to announce its consolidated financial results forecast, also factoring in business restructuring costs at Sogo & Seibu Co., Ltd., which were announced in the press release dated today, "Notice Regarding Store Closures of Seibu Yao and Seibu Tsukuba and Call for Voluntary Retirement".
Seven & I Holdings Co. Ltd. published this content on 02 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 August 2016 11:05:06 UTC.
Original documenthttp://www.7andi.com/dbps_data/_material_/localhost/en/release_pdf/20160802_03_en.pdf
Public permalinkhttp://www.publicnow.com/view/4D176F310A7F52616CA6129EC81E14B5A3D31AF1
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. 
