Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Seven & i Holdings Co., Ltd.
  6. News
  7. Summary
    3382   JP3422950000

SEVEN & I HOLDINGS CO., LTD.

(3382)
  Report
End-of-day quote. End-of-day quote Japan Exchange - 09/28
5131 JPY   -1.40%
09/14Shinsei Bank says it is still considering response to SBI's bid
RE
09/06REFILE-Japan's Topix ends at 31-year high as investors eye economic recovery
RE
09/03SEVEN & I : William v. NYPIUA
AQ
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Seven & i : Consolidated Financial Results for the Three Months ended May 31, 2021

07/08/2021 | 01:03pm EDT

July 8, 2021

Consolidated Financial Results

for the Three Months Ended May 31, 2021

Seven & i Holdings Co., Ltd.

(URL https://www.7andi.com/en)

Securities Code No. 3382

President: Ryuichi Isaka

The Company's shares are listed on the First Section of the Tokyo Stock Exchange.

Submission date of quarterly securities report scheduled: July 14, 2021

Starting date of paying dividend: -

Preparation of brief summary materials for quarterly financial results: Yes

Holding of quarterly financial results presentation: Yes

(Notes) 1. Percentages represent increase (decrease) from the corresponding period in the prior fiscal year.

(Notes) 2. All amounts less than one million yen have been truncated.

1. Business Results for the Three Months Ended May 31, 2021 (from March 1, 2021 to May 31, 2021)

(1) Results of Operations (Cumulative)

(Millions of yen)

Revenues from Operations

Operating Income

Ordinary Income

Three Months Ended May 31, 2021

1,555,371

11.8%

77,512

8.6%

69,869

0.6%

Three Months Ended May 31, 2020

1,391,828

(12.8)%

71,390

(21.0)%

69,462

(21.8)%

Net income Attributable

Net Income per Share

Diluted Net Income

to Owners of Parent

per Share

Three Months Ended May 31, 2021

43,018

208.7%

48.72

(yen)

48.72

(yen)

Three Months Ended May 31, 2020

13,937

(73.2)%

15.79

(yen)

15.78

(yen)

(Note) Comprehensive income:

Three Months Ended May 31, 2021: 166,080 million yen [-%]

Three Months Ended May 31, 2020: 8,182 million yen [(86.1)%]

(Reference) Group's total sales:

Three Months Ended May 31, 2021: 2,871,482 million yen

Three Months Ended May 31, 2020: 2,660,733 million yen

EBITDA:

Three Months Ended May 31, 2021: 145,669 million yen

Three Months Ended May 31, 2020: 136,150 million yen

EPS before amortization of goodwill:

Three Months Ended May 31, 2021: 55.92 yen

Three Months Ended May 31, 2020: 22.65 yen

*Group's total sales which include the sales of Seven-Eleven Japan, Seven-Eleven Okinawa and 7-Eleven, Inc. franchisees

*For EBITDA and EPS before amortization of goodwill, see 4.Others "(5) Formula of Various Management Indicators"

(2) Financial Position

(Millions of yen)

Total Assets

Net Assets

Owners' Equity Ratio

Net Assets

per Share

As of May 31, 2021

8,397,040

2,944,585

33.2%

3,153.63

(yen)

As of February 28, 2021

6,946,832

2,831,335

38.4%

3,022.68

(yen)

(Reference) Owners' equity (net assets excluding non-controlling interests and subscription rights to shares) :

As of May 31, 2021: 2,784,691 million yen

As of February 28, 2021: 2,668,925 million yen

2. Dividends

Dividends per Share (yen)

Record Date

First

Second

Third

Year-end

Annual

Quarter

Quarter

Quarter

Year Ended February 28, 2021

-

47.50

-

51.00

98.50

Year Ending February 28, 2022

-

Year Ending February 28, 2022 (forecast)

48.00

-

52.00

100.00

(Note)

Revision of dividends forecast during the current quarterly period: None

3. Forecast of Business Results for the Fiscal Year Ending February 28, 2022 (from March 1, 2021 to February 28, 2022)

(Millions of yen)

Revenues

Operating

Ordinary

Net Income

Net Income

Attributable to

from Operations

Income

Income

per Share

Owners of Parent

Interim Period

3,516,000

26.1%

184,000

2.4%

167,000

(4.7)%

90,000

24.1%

101.93

(yen)

Entire Year

8,038,000

39.4%

380,000

3.7%

343,500

(3.9)%

190,000

6.0%

215.18

(yen)

(Note)

Revision of business results forecast during the current quarterly period: None

(Reference) Group's total sales:

Interim Period: 6,275,000 million yen Entire Year: 13,549,000 million yen

EBITDA:

Interim Period: 337,400 million yen

Entire Year: 738,300 million yen

EPS before amortization of goodwill:

Interim Period: 128.43yen

Entire Year: 292.52 yen

4. Others

  1. Changes in significant subsidiaries during the period:
    (Changes in specific subsidiaries accompanying change in scope of consolidation): None

Added: None

Excluded: None

  1. Application of specific accounting for preparing the quarterly consolidated financial statements: None
  2. Changes in accounting policies, accounting estimates or restatements
  1. Changes due to amendment of accounting standards: None
  2. Changes due to other reasons other than 1: None
  3. Changes in accounting estimates: None
  4. Restatements: None
  1. Number of shares outstanding (Common stock)
  1. Number of shares outstanding at the end of period (Including treasury stock)

As of May 31, 2021: 886,441,983 shares

As of February 28, 2021: 886,441,983 shares

2. Number of treasury stock at the end of period

As of May 31, 2021:

3,429,317 shares

As of February 28, 2021: 3,475,704 shares

3. Average number of shares during the period (Cumulative quarterly consolidated period)

As of May 31, 2021:

882,969,270 shares

As of May 31, 2020: 882,849,001 shares

(Note) The Company has introduced the BIP Trust and ESOP Trust, and its shares held by these Trusts are included in the number of treasury shares to be deducted when calculating the number of treasury shares at the end of the fiscal period and

the average number of shares during the period.

  1. Formula of Various Management Indicators
  1. EBITDA: Operating income + Depreciation and amortization + Amortization of goodwill
  2. EPS before amortization of goodwill: (Net income attributable to owners of parent + Amortization of goodwill) / Average number of shares during the period.

(6) Supplementary information

(Adoption of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax Sharing System)

With respect to items subject to the review of the Non-Consolidated Taxation System conducted to coincide with transition from the Consolidated Taxation System to the Group Tax Sharing System, which was created under the Act on Partial Revision of the Income Tax Act, etc. (Act No. 8 of 2020), the Company and some of its domestic consolidated subsidiaries have not applied the provisions of Paragraph 44 of the Implementation Guidance on Tax Effect Accounting (ASBJ Guidance No. 28 issued February 16, 2018) in accordance with the treatment set out in Paragraph 3 of Practical Solution on the Treatment of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax Sharing System (PITF No.39 issued March 31, 2020) and the amounts of deferred tax liabilities and deferred tax assets are based on the provisions of tax laws before the revision.

(Accounting Estimates associated with the spread of novel coronavirus (COVID-19))

On the Group's assumption that the spread of novel coronavirus infection will have the business impact for a certain period after this fiscal year, accounting estimates are reflected in accounting treatment including those used to determine impairment losses.

NOTICE REGARDING QUARTERLY REVIEW PROCEDURES FOR THE QUARTERLY FINANCIAL RESULTS This quarterly financial results statement is exempt from the quarterly review procedures based upon the Financial Instruments and Exchange Act. At the time of disclosure of this quarterly financial results statement, the quarterly review procedure based upon the Financial Instruments and Exchange Act has not been completed.

FORWARD LOOKING STATEMENTS

  1. The forecast of the business results is based on the Company's hypotheses, plans and estimates at the date of publication. It is possible that some uncertain factors will cause the Company's future performance to differ significantly from the contents of the forecast.
  2. Other materials related in the financial results are available on the Company's website. (https://www.7andi.com/en/ir/library.html)

Attached Materials

Contents

1Scope of Consolidated Subsidiaries and Affiliates・・・・・・・・・・・・・・・・・・・ ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

2

2Consolidated Quarterly Financial Statements

(1)

Consolidated Quarterly Balance Sheets ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

6

(2)

Consolidated Quarterly Statements of Income

and Consolidated Quarterly Statements of Comprehensive Income ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

8

(3)

Consolidated Quarterly Statements of Cash Flows ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

10

(4)

Doubts on the Premise of Going Concern ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

12

(5)

Notes to Consolidated Quarterly Statements of Income ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

12

(6)

Notes to Consolidated Quarterly Statements of Cash Flows ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

12

(7)

Segment Information ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

13

(8)

Notes on Significant Changes in the Amount of Shareholders' Equity ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

13

(9)

Subsequent Events ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

14

1

1. Scope of Consolidated Subsidiaries and Affiliates

Major Seven & i Group Companies by Business Segment

Seven & Group consists 175 diversified retail companies, mainly engaged in domestic convenience store operations, overseas convenience store operations, superstore operations, department store operations, financial services, and specialty store operations.

Business segments, major group companies and number of companies are as follows.

This segmentation is same as the reportable segment shown in the section of segment information.

Business Segments

Major Group Companies

Number of Companies

SEVEN-ELEVEN JAPAN CO., LTD. SEVEN-ELEVEN OKINAWA CO., LTD.

7dream.com Co., Ltd. Seven Net Shopping Co., Ltd. Seven-Meal Service Co., Ltd.

SEVEN-ELEVEN HAWAII, INC.

Domestic

SEVEN-ELEVEN (CHINA) INVESTMENT CO., LTD.

Consolidated Subsidiaries

10

Convenience Store

SEVEN-ELEVEN (BEIJING) CO., LTD. SEVEN-ELEVEN (CHENGDU) CO., LTD.

Affiliates

5

Operations

SEVEN-ELEVEN (TIANJIN) CO., LTD.

Total

15

TOWER BAKERY CO., LTD.

SHAN DONG ZHONG DI CONVENIENCE CO., LTD.

Overseas

7-Eleven, Inc.

Consolidated Subsidiaries

81

Convenience Store

SEJ Asset Management & Investment Company

Affiliates

2

Operations

Total

83

Ito-Yokado Co., Ltd. York-Benimaru Co., Ltd. Life Foods Co., Ltd.

York Co., Ltd. SHELL GARDEN CO., LTD. Marudai Co., Ltd.

Superstore

K.K. Sanei K.K. York Keibi IY Foods K.K.

Consolidated Subsidiaries

14

Operations

Seven Farm Co., Ltd. Ito-Yokado (China) Investment Co., Ltd.

Affiliates

5

Hua Tang Yokado Commercial Co., Ltd. Chengdu Ito-Yokado Co., Ltd.

Total

19

Tenmaya Store Co., Ltd. DAIICHI CO., LTD.

Department Store

Sogo & Seibu Co., Ltd. IKEBUKURO SHOPPING PARK CO., LTD.

Consolidated Subsidiaries

5

GOTTSUO BIN CO., LTD.

Affiliates

2

Operations

DISTRICT HEATING AND COOLING CHIBA CO., LTD.

Total

7

Financial

Seven Bank, Ltd. Seven Financial Service Co., Ltd.

Seven Card Service Co., Ltd.

Consolidated Subsidiaries

13

Seven CS Card Service Co., Ltd.

Bank Business Factory Co., Ltd.

Affiliates

2

Services

Seven Payment Service, Ltd.

Seven Pay Co., Ltd. FCTI, Inc. TORANOTEC Ltd

Total

15

Akachan Honpo Co., Ltd.

Barneys Japan Co., Ltd.

Oshman's Japan Co., Ltd.

Specialty Stores

Seven & i Food Systems Co., Ltd.

THE LOFT CO., LTD.

Consolidated Subsidiaries

17

Nissen Holdings Co., Ltd.

Nissen Co., Ltd. SCORE Co., Ltd.

Affiliates

5

Operations

MARRON STYLE Co., Ltd.

Francfranc Corporation

Total

22

Tower Records Japan Inc.

Nissen Credit Service Co., Ltd.

Seven & i Create Link Co., Ltd.

Seven & i Asset Management Co., Ltd.

Others

Seven & i Net Media Co., Ltd.

Seven Culture Network Co., Ltd.

Consolidated Subsidiaries

8

Yatsugatake Kogen Lodge Co., Ltd. K.K. Terre Verte

Affiliates

4

I ing Co., Ltd. PIA Corporation

Total

12

Corporate

SEVEN & i Financial Center Co., Ltd.

Consolidated Subsidiary

1

Note:

TOWER BAKERY CO., LTD., SHAN DONG ZHONG DI CONVENIENCE CO., LTD., Tenmaya Store Co., Ltd., DAIICHI CO., LTD.,

Notes: 2.

TORANOTEC Ltd, Francfranc Corporation, Tower Records Japan Inc., Nissen Credit Service Co., Ltd., I ing Co., Ltd., and

Notes: 3.

PIA Corporation are affiliates.

2

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Seven & I Holdings Co. Ltd. published this content on 08 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 July 2021 16:24:06 UTC.


ę Publicnow 2021
All news about SEVEN & I HOLDINGS CO., LTD.
09/14Shinsei Bank says it is still considering response to SBI's bid
RE
09/06REFILE-Japan's Topix ends at 31-year high as investors eye economic recovery
RE
09/03SEVEN & I : William v. NYPIUA
AQ
08/30SEVEN & I HOLDINGS CO., LTD. : Ex-dividend day for interim dividend
FA
08/25Japan's Nikkei edges higher on transport stocks boost
RE
07/08SEVEN & I : Brief Summary for the First Quarter of FY2022
PU
07/08SEVEN & I : Consolidated Financial Results for the Three Months ended May 31, 2021
PU
07/08Seven & i Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarte..
CI
07/01Japanese shares rise as Sony, Toyota advance on weaker yen
RE
07/01SEVEN & I : Speedway Acquisition by 7-Eleven, Inc.
PU
More news
Analyst Recommendations on SEVEN & I HOLDINGS CO., LTD.
More recommendations
Financials
Sales 2022 7 958 B 71 355 M 71 355 M
Net income 2022 212 B 1 899 M 1 899 M
Net Debt 2022 1 189 B 10 662 M 10 662 M
P/E ratio 2022 21,4x
Yield 2022 2,03%
Capitalization 4 531 B 40 698 M 40 623 M
EV / Sales 2022 0,72x
EV / Sales 2023 0,60x
Nbr of Employees 57 270
Free-Float 84,0%
Chart SEVEN & I HOLDINGS CO., LTD.
Duration : Period :
Seven & i Holdings Co., Ltd. Technical Analysis Chart | 3382 | JP3422950000 | MarketScreener
Technical analysis trends SEVEN & I HOLDINGS CO., LTD.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 13
Last Close Price 5 131,00 JPY
Average target price 6 038,46 JPY
Spread / Average Target 17,7%
EPS Revisions
Managers and Directors
Ryuichi Isaka President & Representative Director
Yoshimichi Maruyama General Manager-Finance & Accounting
Toshiro Yonemura Independent Outside Director
Kunio Ito Independent Outside Director
Yoshio Tsukio Independent Outside Director
Sector and Competitors