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May 06, 2015 10:38 PM ET

Food and Staples Retailing

Company Overview of Ito-Yokado Co., Ltd.

Company Overview

Ito-Yokado Co., Ltd. operates superstores, convenience stores, and restaurants in Japan, China, Canada, and the United States. The company operates superstores that offer consumer goods and food; convenience stores that sell food, apparel, and household goods; and restaurants. It also conducts banking and credit card operations. Ito-Yokado Co., Ltd. was formerly known as Yokado Co., Ltd. and changed the name to Ito-Yokado Co., Ltd. in March, 1971. was founded in 1920 and is headquartered in Tokyo, Japan. Ito-Yokado Co., Ltd. operates as a subsidiary of Seven & I Holdings Co., Ltd.

8-8, Nibancho

Chiyoda-ku

Tokyo,  102-8450

Japan

Founded in 1920

15,633 Employees

Phone:

81 3 6238 2111

Fax:

81 3 6238 3492

Key Executives for Ito-Yokado Co., Ltd.

Chairman, Chief Executive Officer, Representative Director, Member of Corporate Committee, Chairman of Seven-Eleven Japan Co Ltd., Chairman of 7-Eleven Inc., Representative Director of Seven-Eleven Japan Co Ltd and Director of 7-Eleven Inc
Age: 81
Representative Director, President, and Chief Operating Officer
Age: 80
Founder, Honorary Chairman, Honorary Chairman of Seven-eleven Japan Co Ltd and Director of Seven-eleven Japan Co Ltd
Age: 90
Chief Financial Officer, Senior Managing Director, Director of Store Operating Division, Director and Member of Corporate Committee
Age: 70
Member of Corporate Committee and President of IY Bank
Age: 73
Compensation as of Fiscal Year 2014.

Ito-Yokado Co., Ltd. Key Developments

Ito-Yokado Co., Ltd. Announces Non-Consolidated Earnings Results for the Year Ended February 28, 2015; Provides Earnings Guidance for the Year Ended February 29, 2016

Ito-Yokado Co., Ltd. announced non-consolidated earnings results for the year ended February 28, 2015. For the period, the company, reported revenue from operations of JPY 1,285,942 million against JPY 1,311,989 million a year ago. Operating income was JPY 1,859 million against JPY 11,236 million a year ago. Net sales were JPY 1,253,296 million against JPY 1,280,615 million a year ago. Total capital expenditures were JPY 41,067 million against JPY 47,943 million a year ago. Ordinary income was JPY 4,142 million against JPY 13,071 million a year ago. Loss before income taxes was JPY 7,100 million against income of JPY 6,822 million a year ago. Net loss was JPY 6,881 million against income of JPY 5,333 million a year ago. For the full year ended February 29, 2016, the company expects revenue from operations of JPY 1,310,000 million, operating income of JPY 10,000 million, net sales of JPY 1,275,000 million and total capital expenditures of JPY 61,100 million.

Ito Yokado to Shut Down Youanmen Store

Ito Yokado is to shut down the Youanmen store on April 1, 2015.

Ito-Yokado Co., Ltd. Reports Earnings Results for the Six Months Ended August 31, 2014; Provides Earnings Guidance for the Fiscal Year Ending February 28, 2015

Ito-Yokado Co., Ltd. reported earnings results for the six months ended August 31, 2014. For the period, the company reported revenues from operations of JPY 640,526 million against JPY 652,470 million a year ago. Net Sales were JPY 624,427 million against JPY 636,939 million a year ago. Total capital expenditures were JPY 16,331 million against JPY 34,585 million a year ago. Operating income was JPY 656 million against JPY 2,603 million a year ago. For the fiscal year ending February 28, 2015, the company expects revenues from operations of JPY 1,297,200 million, operating income of JPY 13,000 million, net sales of JPY 1,265,300 million, depreciation and amortization of JPY 12,000 million and total capital expenditures of JPY 49,500 million.

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