Financial Highlights

Last update: April 8, 2022

FY2022 Financial Results

In the fiscal year under review, the domestic and overseas economies continued to pick up, despite evidence of some weakness, with the effect of the spread of vaccinations and measures implemented by various governments, while overall conditions remained difficult due to the emergence of new COVID-19 variants. However, the outlook for domestic consumer spending remains uncertain, partly due to the spread of the Omicron strain.
In this environment, we set our basic stance: “We aim to contribute to local communities both in Japan and overseas by providing new experiences and values, from the customer’s point of view.” To realize our ideal Group image for 2030: “A world-class global distribution group that leads distribution innovation through global growth strategies centered on the 7-Eleven business and proactive utilization of technology.”, we announced our “Medium-Term Management Plan 2021-2025” in July 2021, and we will continue focusing on generating medium-to-long-term corporate value and realizing sustainable business growth under the Plan.
Effective May 14, 2021, the Company acquired from Marathon Petroleum Corporation (U.S.A.) shares and other equity interests in a convenience store business operated primarily under the Speedway brand. That business has since been included in the scope of consolidation.

Financial Statements

(Millions of Yen)
  FY 2018 FY 2019 FY 2020 FY 2021 FY 2022
Revenues from operations 6,037,815 6,791,215 6,644,359 5,766,718 8,749,752
Operating income 391,657 411,596 424,266 366,329 387,653
Ordinary income 390,746 406,523 417,872 357,364 358,571
Net income attributable to owners of parent 181,150 203,004 218,185 179,262 210,774
Total assets 5,494,630 5,795,065 5,996,887 6,946,832 8,739,279
Net assets 2,575,342 2,672,486 2,757,222 2,831,335 3,147,732
Non-controlling interests 145,454 148,285 155,295 162,352 166,719
Interest-bearing debt 983,061 1,105,189 982,960 1,761,210 2,898,733
Cash flows from operating activities 498,306 577,878 576,670 539,995 736,476
Cash flows from investing activities (240,418) (557,497) (318,047) (394,127) (2,505,566)
Cash flows from financing activities (168,510) (5,324) (213,204) 690,542 937,077
Net increase (decrease) in cash and cash equivalents 90,886 9,824 44,126 828,980 (768,946)
Cash and cash equivalents at end of year 1,300,383 1,310,729 1,354,856 2,183,837 1,414,890
Capital expenditures 347,374 539,328 360,909 377,299 439,630
Depreciation and amortization 213,167 221,133 226,475 235,504 292,561
Net income per share ¥204.80 ¥229.50 ¥246.95 ¥203.03 ¥238.68
Owners' equitiy per share ¥2,744.08 ¥2,850.42 ¥2,946.83 ¥3,022.68 ¥3,375.50
Dividends per share ¥90.00 ¥95.00 ¥98.50 ¥98.50 ¥100.00
Owner's equity ratio 44.2% 43.5% 43.4% 38.4% 34.1%
Return on equity (ROE) 7.6% 8.2% 8.5% 6.8% 7.5%
Exchange rate
Exchange rate  
(average on the term) U.S.$1= ¥112.16 ¥110.44 ¥109.03 ¥106.76 ¥109.90
1yuan= ¥16.62 ¥16.71 ¥15.78 ¥15.48 ¥17.04
(at fiscal year end) U.S.$1= ¥113.00 ¥111.00 ¥109.56 ¥103.50 ¥115.02
1yuan= ¥17.29 ¥16.16 ¥15.67 ¥15.88 ¥18.06
  • *ROE is calculated based on the average of net assets at the beginning and end of fiscal year.
  • *Capital expenditures include long-term leasehold deposits and advances for store construction.
(Millions of Yen)
  Q1/FY20 Q2/FY20 Q3/FY20 Q4/FY20 Q1/FY21 Q2/FY21 Q3/FY21 Q4/FY21 Q1/FY22 Q2/FY22 Q3/FY22 Q4/FY22
Revenues from operations 1,596,457 3,313,224 4,975,533 6,644,359 1,391,828 2,788,408 4,276,808 5,766,718 1,555,371 3,646,449 6,149,472 8,749,752
Operating income 90,335 205,127 319,085 424,266 71,390 179,738 285,632 366,329 77,512 186,170 302,927 387,653
Ordinary income 88,809 203,234 314,988 417,872 69,462 175,241 276,266 357,364 69,869 173,450 282,145 358,571
Net income attributable to owners of parent 52,096 110,647 169,968 218,185 13,937 72,519 130,987 179,262 43,018 106,500 174,877 210,774
Total assets 5,945,395 5,959,406 5,964,682 5,996,887 6,315,519 6,184,441 5,984,318 6,946,832 8,397,040 8,718,548 8,649,303 8,739,279
Net assets 2,640,934 2,666,454 2,688,169 2,757,222 2,716,233 2,772,886 2,782,598 2,831,335 2,944,585 3,017,911 3,058,492 3,147,732
Non-controlling interests 147,025 148,836 149,351 155,295 153,902 158,090 158,700 162,352 159,837 163,551 163,352 166,719
Interest-bearing debt 1,099,850 1,051,224 1,023,694 982,960 1,217,269 1,166,197 952,435 1,761,210 2,981,139 3,115,983 2,957,029 2,898,733
Cash flows from operating activities 182,256 329,065 395,279 576,670 195,572 295,501 391,444 539,995 249,904 340,802 481,588 736,476
Cash flows from investing activities (82,580) (165,735) (232,886) (318,047) (134,431) (202,762) (294,021) (394,127) (84,881) (2,343,981) (2,367,065) (2,505,566)
Cash flows from financing activities (46,437) (91,982) (169,041) (213,204) 199,786 145,624 (115,593) 690,542 1,099,428 1,243,151 1,030,317 937,077
Net increase (decrease) in cash and cash equivalents 53,532 69,040 (10,029) 44,126 259,321 236,676 (20,360) 828,980 1,378,579 (717,476) 50,377 (768,946)
Cash and cash equivalents at end of period 1,364,261 1,379,770 1,300,699 1,354,856 1,614,178 1,591,533 1,334,495 2,183,837 3,562,416 1,466,360 1,379,054 1,414,890
Capital expenditures 77,267 169,501 256,828 360,909 76,434 157,280 258,580 377,299 94,678 201,223 316,847 439,630
Depreciation and amortization 55,629 111,622 168,337 226,475 58,698 116,435 175,468 235,504 61,802 131,608 208,738 292,561
Owner's equity ratio 41.9% 42.2% 42.6% 43.4% 40.6% 42.3% 43.8% 38.4% 33.2% 32.7% 33.5% 34.1%
  • *Capital expenditures include long-term leasehold deposits and advances for store construction.