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Seven & i Holdings Forecasts 9% Drop in Net Profit for FY February 2027, Postpones U.S. Convenience Store Unit IPO
Seven & i Holdings <3382> announced its consolidated financial results for the fiscal year ended February 2026, along with its earnings and dividend forecast for the fiscal year ending February 2027, after the market close on the 9th. The company projects revenue of \9,448.0 billion for the current fiscal year, down 9.4% year-on-year, and net profit of \270.0 billion, down 7.8% year-on-year. The company plans an annual dividend of \60 per share, an increase of \10 from the prior year. The company also announced that it would postpone the planned initial public offering (IPO) of its U.S. convenience store subsidiary ? previously scheduled for the second half of fiscal 2026 ? to fiscal 2027 at the earliest.
For the fiscal year ended February 2026, revenue totaled \10,430.269 billion, down 12.9% year-on-year, while net profit surged 69.2% to \292.76 billion. Looking ahead to the fiscal year ending February 2027, Seven & i anticipates lower revenue in its overseas convenience store business. On an adjusted basis accounting for the deconsolidation of York Holdings and Seven Bank, net profit is expected to grow 5.9% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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