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Retail Earnings

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Seven & i Holdings

Major retail groups · 3382

The Japan read

From the company's own filing for H1 (Mar–Aug 2026) · reported 2026-10-08 · the filing

+1.0%Japan salesDomestic convenience-store revenue, as reported.

Other callouts in the filing

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

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floortok holds 2 reported periods for this company.

Quarter-alone and year-to-date rows are floortok's arithmetic on the company's own filings — the quarter alone under a cumulative filing, the year to date under a quarter — shown only where the filings they need are on file. A period tagged Year-to-Date runs from the start of the company's fiscal year.

H1 (Mar–Aug 2026) · Year-to-Date

Reported 2026-10-08
Operating revenue¥5.46tn−2.8%
Operating profit¥232.3bn+11.5%
Net income¥124.4bn+2.2%
Q2 alone (Jun–Aug 2026)
Operating revenue¥3.08tn—
Operating profit¥127.3bn—
Net income¥63.8bn—

Japan+1.0%Domestic convenience-store revenue, as reported.

Seven & i Holdings reported first-half operating revenue down 2.8% to ¥5,460.3bn, but the fall is the superstore and Seven Bank spin-offs; operating profit rose 11.5% to ¥232.3bn and net income 2.2% to ¥124.4bn. The lift came from overseas 7-Eleven (operating profit ¥150.4bn from ¥80.1bn), while the Japanese stores' profit slipped 9.8% on heavier investment even as same-store sales edged up.

Q1 (Mar–May 2026) · Year-to-Date

Reported 2026-07-09
Operating revenue¥2.38tn−14.3%
Operating profit¥105.0bn+61.4%
Net income¥60.6bn+23.6%

Japan+3.0%Domestic convenience-store revenue, as reported.

Seven & i's headline revenue fell 14% in March–May 2026, but that reflects spinning off its superstore and banking arms, not a weaker business: operating profit jumped 61% to ¥105bn as its overseas 7-Eleven convenience business rode stronger US merchandise sales and fuel margins. The group has slimmed to its convenience-store core.

  • JapanDomestic convenience-store revenue rose 3.0% to ¥230.2bn but operating profit fell 4.2% to ¥52.2bn, as up-front spending on in-store cooking equipment and next-generation store systems plus inflation lifted costs.
  • JapanSeven-Eleven Japan same-store sales rose 2.0% on a 2.9% higher spend per customer, while customer numbers fell 0.9%; chain-wide sales reached ¥1,377.7bn (+2.4%).
  • StoresSeven-Eleven Japan ended May with 21,735 stores after 98 openings and 85 closures (net +13); the full-year plan is 550 openings and a net gain of 200.
  • BasisHeadline comparisons are distorted by deconsolidating Seven Bank (June 2025) and York Holdings' subsidiaries (September 2025); on the company's like-for-like basis, revenue rose 2.4%.
  • BasisThe weaker yen (¥156.96 vs ¥152.55 per dollar) added ¥60.2bn to revenue but only ¥1.8bn to operating profit; the jump came from overseas convenience stores, whose profit rose to ¥65.6bn from ¥8.7bn.
  • OutlookFull-year guidance was raised to ¥10.43tn revenue and ¥425.0bn operating profit, driven by overseas convenience stores; the domestic forecast stays at ¥950.0bn revenue and ¥224.2bn operating profit.