August 22, 2017 5:50 PM ET

Food and Staples Retailing

Company Overview of York-Benimaru Co., Ltd.

Company Overview

York-Benimaru Co., Ltd. operates a supermarket chain in Tohoku region, Japan. Its supermarket chain offers various categories of products, such as fresh and processed foods, seafood, meat, fruits and vegetables, daily foods, and delicatessen; apparel; and household goods. As of February 28, 2005, York-Benimaru operated 113 stores in Fukushima, Miyagi, Tochigi, and Yamagata prefectures, Japan. The company was founded in 1947 and is headquartered in Koriyama, Japan. York-Benimaru Co., Ltd. operates as a subsidiary of Seven & I Holdings Co., Ltd.

18-2 Asahi 2-chome

Koriyama,  963 8543

Japan

Founded in 1947

Phone:

81 2 4924 3111

Fax:

81 2 4924 3177

Key Executives for York-Benimaru Co., Ltd.

Chairman and Chief Executive Officer
Age: 78
President, Chief Operating Officer and Director
Head of Financial Division and Director
Head of General Affairs Division and Director
Head of Store Development Division
Compensation as of Fiscal Year 2017.

York-Benimaru Co., Ltd. Key Developments

York-Benimaru Co., Ltd. Reports Non-Consolidated Earnings Results for the Year Ended February 28, 2017

York-Benimaru Co., Ltd. reported non-consolidated earnings results for the year ended February 28, 2017. For the year revenues from operations was JPY 426,172 million against JPY 412,977 million a year ago. Operating income was JPY 14,054 million against JPY 13,324 million a year ago. Ordinary income was JPY 15,344 million against JPY 14,529 million a year ago. Income before income taxes was JPY 13,290 million against JPY 13,399 million a year ago. Net income was JPY 8,982 million against JPY 8,969 million a year ago.

York-Benimaru Announces Earnings Results for the Year Ended February 28, 2016; Provides Earnings Guidance for the Year 2017

York-Benimaru announced earnings results for the year ended February 28, 2016. For the year, the company reported revenue from operations of JPY 412,977 million compared to JPY 396,930 million a year ago. Operating loss was JPY 13,324 million compared to operating income of JPY 12,820 million a year ago. Net sales were JPY 406,223 million compared to JPY 390,492 million a year ago. Total capital expenditures were JPY 10,642 million compared to JPY 14,120 million a year ago. For the year 2017, the company expects revenue from operations of JPY 432,000 million operating income of JPY 14,000 million, net sales of JPY 425,000 million, total capital expenditures of JPY 13,200 million.

York-Benimaru Reports Earnings Results for the Six Months Ended August 31, 2015; Provides Earnings Guidance for the Fiscal Year Ending February 29, 2016; Plans to Open New Stores

York-Benimaru reported earnings results for the six months ended August 31, 2015. For the period, the company reported revenues from operations of ¥204,731 million compared to ¥198,049 million reported in the same period last year. Operating income was ¥6,178 million against ¥6,135 million reported last year. Net store sales were ¥201,388 million against ¥194,859 million reported last year. Total capital expenditures were ¥5,111 million against ¥5,324 million reported last year. For the fiscal year ending February 29, 2016, the company expected to revenues from operations of ¥417,000 million, operating income of ¥13,300 million and net sales of ¥410,000 million. Total capital expenditures are expected to be ¥12,400 million. For the fiscal year ending February 29, 2016, the company expected to increase its stores to 209, an increase of 9 stores compared to 200 stores at the end of the year ended February 28, 2015.

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