G-7 Holdings <7508> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April to September 24th year). Revenue increased by 8.5% year-on-year to 100.994 billion yen, operating profit decreased by 1.9% to 2.854 billion yen, ordinary profit decreased by 2.5% to 3.047 billion yen, and net income attributable to the parent company's shareholders decreased by 9.4% to 2.04 billion yen.

Revenue from the automotive-related business increased by 6.2% year-on-year to 21.084 billion yen, with a 47.6% increase in ordinary profit to 0.567 billion yen. To support customers' total car life and provide safety and security, efforts were made to expand sales of maintenance products, engage in vehicle inspection and maintenance, and vehicle sales. Sales of maintenance products such as tires, oil, batteries, etc., were robust, leading to an increase in service sales focused on tire installation fees. Furthermore, against the backdrop of a weak yen, overseas sales of used cars performed well, exceeding the previous year's figures in terms of revenue and profits.

Revenue from the Gyoumu Super business increased by 12.7% to 58.566 billion yen, with ordinary profit increasing by 1.2% to 2.292 billion yen. Amid successive price increases for food and daily necessities, sales of safe and secure products, well-received by customers, showed steady progress. In addition to the revenue increase effect from new store openings, the acquisition of Bon Sante, which has been operating 15 stores in the Tokyo metropolitan area since July 2024, led to exceeding the previous year's figures in revenue and profits. Regarding new store openings, expanding with 3 stores in the Chubu region and 2 stores in Hokkaido, the number of Gyoumu Super stores at the end of the mid-term consolidation accounting period reached 211.

Revenue from the meat business decreased by 1.4% to 10.119 billion yen, with an ordinary loss of 0.038 billion yen (compared to a profit of 0.133 billion yen in the same period of the previous year). Due to continued rise in raw material prices since the previous year and the prolonged weak yen leading to further increases in import raw material prices, efforts were made to adjust sales prices in response to rising costs and enhance productivity. However, due to factors such as consumers' stronger focus on low prices, product sales declined, leading to lower revenue and profits compared to the previous year. Regarding new store openings, with the opening of 3 stores of 'Okonomeno Terabayashi' in the Chubu region, the number of 'Okonomeno Terabayashi' stores reached 175 at the end of the mid-term consolidation accounting period.

Revenue from other businesses increased by 2.3% to 11.223 billion yen, with ordinary profit increasing by 77.7% to 0.179 billion yen. The commitment food business, which deals with carefully selected high-value-added products nationwide, saw robust sales due to new customer development and product discovery by trading partners. The mini-supermarket business 'Ricos' exceeded the previous year in revenue and profits as it reorganized unprofitable stores in the previous fiscal year. Regarding new store openings, one outlet shop, 'RJ Market,' was opened in the Kinki region.

As for the consolidated performance forecast for the fiscal year ending March 2025, the company has maintained its initial plans of revenue of 220 billion yen (+14.0% compared to the previous year), operating profit of 8.2 billion yen (+18.5% year-on-year), ordinary profit of 8.5 billion yen (+16.1% year-on-year), and net income attributable to parent company shareholders of 5.6 billion yen (+8.2% year-on-year).