SVNDF - Seven & i Holdings Co. Ltd. (SVNDY) Q4 2023 Earnings Call Transcript
2024-04-11 22:11:09 ET
Seven & i Holdings Co., Ltd. (SVNDY)
Q4 2023 Earnings Conference Call
April 10, 2024 2:00 AM ET
Company Participants
Ryuichi Isaka - President and Representative Director
Yoshimichi Maruyama - Chief Financial Officer
Fumihiko Nagamatsu - President, SEVEN-ELEVEN Japan
Joe DePinto - Chief Executive Officer, 7-Eleven, Inc
Conference Call Participants
Presentation
Ryuichi Isaka
Good evening, ladies and gentlemen my name is Isaka of Seven & i Holdings. I would like to extend my sincere appreciation for your continued understanding and support of our Group. And thank you very much for your participation despite this late hours.
In some media, in the Board of Directors meeting of a company, this year it was covered and it was covered that their decision has been made to sell some Ito-Yokado shares. However, there are no such facts. I would first like to clarify this point.
I would like to talk about today's executive summary. For the full-year of fiscal 2023, we achieved a record high operating income. Although changes in the consumption environment in Japan and the U.S. have intensified since the latter half of fiscal year 2023, in fiscal year 2024, we will further accelerate our response to these changes, which we have been implementing to-date, and we would like to achieve new record highs in both operating income and net income.
I would also like to explain the implementation of our action plan to maximize the Group's corporate and shareholder value over the medium and long-term. This is today's agenda. Mr. Maruyama, CFO, will explain the business results for fiscal year 2023 and the forecast for fiscal year 2024, followed by the management policy for the domestic convenience store business from Mr. Nagamatsu.
The management policy for the overseas convenience store business from CEO DePinto, the progress and results of the drastic reform program for the SST business from CFO Maruyama, and finally, the Group strategy from myself....
Seven & i Holdings Co., Ltd. (SVNDY) Q4 2023 Earnings Call Transcript