Seven & I Holdings Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2012; Provides Dividend and Earnings Guidance for the Year Ending February 28, 2013
January 08, 2013
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Seven & I Holdings Co., Ltd. announced consolidated earnings results for the nine months ended September 30, 2012. For the period, the company reported net income of JPY 96,964 million or JPY 109.67 diluted net income per share on revenues from operations of JPY 3,677,545 million compared to net income of JPY 83,656 million or JPY 94.64 diluted net income per share on revenues from operations of JPY 3,548,480 million for the corresponding period last year. Operating and ordinary income were JPY 216,417 million and JPY 216,328 million against JPY 216,216 million and JPY 217,253 million of prior year period. Income before income taxes and minority interests was JPY 192,960 million against JPY 163,188 million for the same period last year. Net cash provided by operating activities was JPY 313,927 million against JPY 389,074 million for the comparable period last year. Acquisition of property and equipment was JPY 183,622 million against JPY 154,473 million of prior year period.
The company provided dividend guidance for the year ending February 28, 2013. The company expects year end dividend of JPY 33.00.
The company provided earnings guidance for the year ending February 28, 2013. The company expects net income of JPY 143,000 million or JPY 161.85 net income per share on revenues from operations of JPY 5,030,000 million. The company expects operating and ordinary income of JPY 308,000 million.
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. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2012; Provides Dividend and Earnings Guidance for the Year Ending February 28, 2013