Investor Presentaiton
Domestic CVS Operations: Seven-Eleven Japan (5)
1333 55
(%)
108.6
Q1 YOY SG&A expenses
-Advertising expenses
-Salaries & wages
-Land & building rent
-Depreciation & amortization
-O-SG&A expenses total
Cost restructuring at head office
(from 2nd half of FY2020)
Accounting
restructuring
- Systematize
operations
(go paperless)
- Internalization of
outsourced
operations
- Consolidate district
Store development
personnel
optimization
- Optimize personnel
through
reassignments
SEVEN&I HOLDINGS
Property rental
fee optimization
- Close unprofitable
stores
- Continue rent
negotiations
(consider balance
between sales and rent)
100
101.2
district offices
Benefits of accounting reforms (main improvements)
Improved productivity of
accounting operations
Reduced delivery of
administrative records
Internalization of outsourced
operations
2021 2022
Reduced floor space of district
offices
*Broken lines indicate comparison with two years earlier
65
(FY)
2017 2018
2019
2020
FY2021
Approx. ¥(1.0)B
(vs. FY2019)
Total SG&A expenses lower than FY2020
Steady progress in cost restructuring
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