Seven & i Holdings Co Ltd (FRA:S6M)
€ 11.79 -0.095 (-0.8%) Market Cap: 30.88 Bil Enterprise Value: 44.14 Bil PE Ratio: 23.83 PB Ratio: 1.43 GF Score: 75/100
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Q1 2022 Seven & i Holdings Co Ltd Earnings Call Transcript

Jul 08, 2021 / NTS GMT
Release Date Price: €13 (-0.36%)
Junro Ito
Seven & i Holdings Co., Ltd. - Managing Executive Officer & Director

Greetings, everyone. My name is Junro Ito, Director and Senior Executive Officer at Seven & i Holdings. I would like to thank you for taking the time off your busy schedules to participate in today's financial results presentation covering the first quarter of fiscal year 2022, which follows on the heels of last week's announcement of the Seven & i Group's new medium-term management plan. I will be discussing the financial results for the first quarter.

Additionally, during last week's presentation held on July 1, we discussed the change in business segments, which took effect in the current fiscal year. However, we will be reporting the financial results for the first quarter using the old segment classification. We request your understanding on this front.

Please turn to Page 2, which shows the trend in year-on-year change in existing store sales for each business format. The negative impact of the COVID-19 pandemic last fiscal year makes for relatively easier comparables from February onwards

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