Convenience store chain Seven-Eleven Japan Co. on Thursday reported a consolidated net profit of 42.74 billion yen for the first half of the business year through Aug. 31.
It also reported a group pretax profit of 76.9 billion yen on total operating revenues of 195.75 billion yen for the six-month period.
No year-on-year comparisons are available as it is the first time the nation's largest convenience store chain, belonging to the Ito-Yokado group, reported its consolidated performance on a half-year basis.
Seven-Eleven Japan said the group raked in 1.087 trillion yen in sales at its chain stores.
On an unconsolidated basis, Seven-Eleven Japan said it posted a first-half pretax profit of 80.45 billion yen, up by 5.5 percent from a year earlier. and a net profit of 44.87 billion yen, up 6.9 percent, on sales at its stores of 1.079 trillion yen, up 3.2 percent.
The company plans to pay an interim dividend of 16 yen per share, compared with 14.5 yen the previous year.
For the full business year ending Feb. 28, Seven-Eleven Japan projects a consolidated net profit of 82.3 billion yen, up 2.6 percent from the year before, and a pretax profit of 148.3 billion yen, unchanged, on total operating revenues of 382 billion yen, up 6.6 percent.
The parent-only performance for the full year is projected to show a pretax profit of 153.20 billion yen, up 4.1 percent, and a net profit of 83.2 billion yen, up 6.2 percent, on sales at stores of 2.125 trillion yen, up 3.8 percent.
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