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7&i, Net Income Forecast for the Fiscal Year Revised Upward by 2%
3382 Seven & I Holdings Co.,Ltd. 【J-GAAP】
Earnings ReportSeven & I Holdings Co.,Ltd. <3382> [TSE Prime] announced its financial results after the market closed on January 8th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending February 2026 (March to November) surged 3.1 times that of the same period last year, reaching 198 billion yen.
In addition, the full-year forecast for consolidated net income has been revised upward 1.9%, from the previous forecast of 265 billion yen to 270 billion yen (compared to 173 billion yen in the previous period), increasing the growth rate from 53.1% to 56.0%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the September to February period (second half) is expected to increase 3.5%, from the previous forecast of 143 billion yen to 148 billion yen (compared to 120 billion yen in the same period of the previous year), increasing the growth rate from 18.5% to 22.7%.
In the most recent three-month period, from September to November (3Q), the consolidated net income surged 6.7 times that of the same period last year, reaching 76.6 billion yen. The operating profit margin improved from 4.2% in the same period last year to 4.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Nov, 2023 | 8,580,207 | 410,019 | 388,239 | 182,162 | 68.7 | 76.6 | Jan 11, 2024 | J-GAAP |
| Mar - Nov, 2024 | 9,069,591 | 315,401 | 281,633 | 63,630 | 24.5 | 75.2 | Jan 9, 2025 | J-GAAP |
| Mar - Nov, 2025 | 8,050,937 | 325,073 | 290,152 | 198,461 | 79.3 | 79.3 | Jan 8, 2026 | J-GAAP |
| YoY | -11.2% | +3.1% | +3.0% | +211.9% | +223.9% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2025 Prev | 4,943,363 | 195,612 | 179,564 | 143,198 | 60.9 | 25 | Oct 9, 2025 | J-GAAP |
| Sep - Feb, 2025 New | 4,943,363 | 195,612 | 179,564 | 148,198 | 63.0 | 25 | Jan 8, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +3.5% | +3.5% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Prev | 10,560,000 | 404,000 | 366,000 | 265,000 | 112.7 | 50 | Oct 9, 2025 | J-GAAP |
| Feb, 2026 New | 10,560,000 | 404,000 | 366,000 | 270,000 | 114.9 | 50 | Jan 8, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | +1.9% | +1.9% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 5,937,228 | 233,995 | 207,366 | 120,826 | 46.5 | 20 | Apr 9, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 4,943,363 | 195,612 | 179,564 | 148,198 | 63.0 | 25 | Jan 8, 2026 | J-GAAP |
| YoY | -16.7% | -16.4% | -13.4% | +22.7% | +35.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 11,471,753 | 534,248 | 507,086 | 224,623 | 84.9 | 37.67 | Apr 10, 2024 | J-GAAP |
| Feb, 2025 | 11,972,762 | 420,991 | 374,586 | 173,068 | 66.6 | 40 | Apr 9, 2025 | J-GAAP |
| Feb, 2026 Guidance | 10,560,000 | 404,000 | 366,000 | 270,000 | 114.9 | 50 | Jan 8, 2026 | J-GAAP |
| YoY | -11.8% | -4.0% | -2.3% | +56.0% | +72.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 3,034,057 | 128,405 | 114,413 | 11,388 | 4.4 | 4.2 | Jan 9, 2025 | J-GAAP |
| Dec - Feb, 2024 | 2,903,171 | 105,590 | 92,953 | 109,438 | 42.1 | 3.6 | Apr 9, 2025 | J-GAAP |
| Mar - May, 2025 | 2,777,370 | 65,076 | 53,281 | 49,014 | 19.0 | 2.3 | Jul 10, 2025 | J-GAAP |
| Jun - Aug, 2025 | 2,839,267 | 143,312 | 133,155 | 72,788 | 28.6 | 5.0 | Oct 9, 2025 | J-GAAP |
| Sep - Nov, 2025 | 2,434,300 | 116,685 | 103,716 | 76,659 | 30.6 | 4.8 | Jan 8, 2026 | J-GAAP |
| YoY | -19.8% | -9.1% | -9.3% | +573.2% | +599.1% |
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