Seven & i reports nine month net income, provides outlook for fiscal 2013

Seven & i Holdings Co., Ltd., a supermarket chain, has reported a net income of JPY96.96 billion, or JPY109.67 per diluted share, for the nine months ended November 30, 2012, compared to JPY83.66 billion, or JPY94.64 per diluted share, for the same period ended November 30, 2011. The company expects a net income of JPY143 billion, or JPY161.85 per share, for the year ending February 28, 2013.

Net sales for the nine months ended November 30, 2012 were JPY3.04 trillion, compared to JPY2.97 trillion for the period ended November 30, 2011.

Revenue from operations for the nine months ended November 30, 2012 was JPY3.68 trillion, compared to JPY3.55 trillion for the period ended November 30, 2011.

Operating income for the nine months ended November 30, 2012 was JPY216.42 billion, compared to JPY216.22 billion for the period ended November 30, 2011.

The company expects revenue from operations of JPY5.03 trillion for the year ending February 28, 2013. Operating income is expected to be JPY308 billion for year ending February 28, 2013.