In Domestic convenience store operations, revenues from operations amounted to ¥224,979 million (98.2% year on year), and operating income amounted to ¥61,254 million (95.6% year on year).
　SEVEN-ELEVEN JAPAN CO., LTD. (“SEJ”) is focusing on addressing changes in customers’ purchasing behavior caused by shifts in the external environment, such as continued population decline, aging society with declining birthrate, rising prices, the overall slowdown in real wages, and bipolarization of consumption patterns. Accordingly, SEJ has been striving to expand the customer base and increase the frequency of store visits, with efforts based on refining basic merchandise. To this purpose, SEJ has been promoting its initiatives including expanding merchandise assortments according to market needs, as well as providing a new shopping experience for customers.
　In addition, SEJ is taking steps to implement the “7NOW” delivery service on a nation scale. This involves building a system for national expansion and enhancing other initiatives, such as promoting the “7NOW App” to a wider audience.
　Furthermore, in order to meet diverse customer needs, SEJ has launched the SIP* store, a new concept store, on February 29, 2024. At this stage, potential customer needs are identified, paving the way for the introduction of products and services aligned with these needs to other stores.
　In the three months ended May 31, 2024, SEJ’s existing store sales were comparable to the precious year, with operating income reaching ¥61,194 million (94.9% year on year). Moreover, total store sales (the sum of sales from directly operated stores and franchisees) amounted to ¥1,327,015 million (100.2% year on year).

* Refers to a partnership (dubbed “SIP”) between SEVEN-ELEVEN JAPAN CO., LTD. (SEJ) and Ito- Yokado Co., Ltd. (IY).

　In Overseas convenience store operations, revenues from operations amounted to ¥2,029,438 million (106.8% year on year), and operating income amounted to ¥4,473 million (21.3% year on year).
　In North America, 7-Eleven, Inc. (“SEI”) is pursuing sustained business growth and enhanced capital efficiency in the context of a tough consumer spending environment, characterized by continued inflationary pressures and high interest rates that have shaped diverging patterns of consumption. To this end, SEI has promoted four measures: “Grow Proprietary Products,” “Accelerate Digital & Delivery Initiatives,” “Generate Synergies From SEI & Speedway Integration,” and “Grow Store Network.”
　In the three months ended March 31, 2024, merchandise sales at existing stores in the U.S. decreased year on year in U.S. dollars, while operating income (before amortization of goodwill) amounted to ¥29,976 million (68.6% year on year). Moreover, total store sales (the sum of sales from directly operated stores and franchisees) amounted to ¥2,427,858 million (107.1% year on year).
　Furthermore, SEI completed on April 16, 2024, the acquisition of a part of the convenience store business and fuel retail business of U.S. company Sunoco LP. Through this acquisition, SEI will further accelerate its growth in the North American market by further increasing its market share in this region.
　7-Eleven International LLC has plans to establish a store network of 50,000 stores in areas outside Japan and North America by the fiscal year ending December 31, 2025, and to extend our presence to 30 countries and regions including Japan and North America by the fiscal year ending December 31, 2030. Under this policy, we will promote a growth strategy that leverages both existing and new markets. As for existing market growth, 7IN made the strategic decision in February 2023 to invest in the Vietnam business, and the GRO Holdings Joint Stock Company which owns it, became an equity-method affiliate in November 2023. Furthermore, On April 1, 2024, 7IN completed the acquisition of the Australian company Convenience Group Holdings Pty Ltd, which holds shares in several companies, including 7-Eleven Stores Pty Ltd, a licensee that operates convenience store and fuel retail businesses under the 7-Eleven brand.

　In Superstore operations, revenues from operations amounted to ¥359,232 million (99.7% year on year), and operating income amounted to ¥2,151 million (64.9% year on year).
　Ito-Yokado Co., Ltd. (“Ito-Yokado”) is executing fundamental reforms to improve profitability in line with its planned strategy. Ito-Yokado has been making efforts to improve merchandise quality and to enhance store operating efficiency. These efforts included the launch of YORK DELI, a new delicatessen brand, by utilizing strategic investment infrastructure such as process centers and central kitchens, including Peace Deli Chiba Kitchen, which started operations on February 27, 2024.
　In the three months ended May 31, 2024, Ito-Yokado’s sales rose year on year accompanying the merger with York Co., Ltd. in September 2023. However, the operating loss amounted to ¥662 million (operating loss of ¥163 million for the same period of the previous fiscal year).
　For York-Benimaru Co., Ltd. (“York-Benimaru”), we are furthering initiatives to revitalize existing stores and to enhance development and sales of delicatessen merchandise in order to realize its concept of “making the daily meals of customers in local areas more enjoyable, plentiful, and convenient.”
　In the three months ended May 31, 2024, York-Benimaru’s existing store sales increased year on year, as it benefited from the success of price adjustments in response to soaring raw material prices, and sales promotion initiatives. However, York-Benimaru’s operating income amounted to ¥4,382 million (95.7% year on year), due to an increase in SG&A expenses such as personnel costs and advertising expenses, etc.

　In Financial services, revenues from operations amounted to ¥52,340 million (102.7% year on year), and operating income amounted to ¥8,375 million (84.2% year on year).
　As of May 31, 2024, the number of domestic ATMs operated by Seven Bank, Ltd. stood at 27,552, up 182 from the previous fiscal year-end. The average number of transactions per day per ATM amounted to 107.2 (up 3.2 year on year), owing to improvement in the number of transactions at deposit-taking institutions and an increase in non-banking transactions such as consumer finance in line with increased demand for funds, as well as a sustained high level of cash charge transactions as consumers opted for various cashless payments. As a result, total transactions of Seven Bank’s ATMs during the three months ended May 31, 2024 increased year on year. As of May 31, 2024, Seven Bank had cash and deposits (including cash for ATM loading) of ¥879.8 billion.