Seven & i Holdings Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending February 28, 2019
January 10, 2019 at 01:00 am EST
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Seven & i Holdings Co., Ltd. announced consolidated earnings results for the nine months ended November 30, 2018. For the period, the company reported, revenues from operations of JPY 5,072,379 million against JPY 4,479,722 million a year ago. Net sales were JPY 4,110,614 million against JPY 3,549,377 million a year ago. Operating revenue was JPY 961,764 million against JPY 930,344 million a year ago. Operating income was JPY 304,257 million against JPY 295,799 million a year ago. Net income was JPY 162,178 million against JPY 161,659 million a year ago. Net income per share was JPY 176.66 compared to JPY 168.75a year ago.
The company provided earnings guidance for the fiscal year ending February 28, 2019. For the year, the company expects group total sales of 11,920,000 million, revenues from operations of JPY 6,683,000 million, operating income of JPY 415,000 million and net income attributable to owners of parent of JPY 210,000 million or JPY 237.40 per share.
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 November 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending February 28, 2019
SEVEN & I HOLDINGS CO., LTD. 
