Japanese convenience retailer FamilyMart has reported mixed financial results for its last financial year, with operating profit rising but net earnings falling.

For the year to the end of February, net profit slid 8% to JPY16.58bn (US$204.7m). 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

However, operating profit amounted to JPY42.59bn, an 11.4% increase on the prior-year. Pre-tax profits climbed 12.3% to JPY44.81bn.

Sales, meanwhile, increased 2.9% to reach JPY329.22bn.

FamilyMart president Junji Ueda said its customer base had continued to increase amid a rise in single-person households and an ageing population in Japan.

See Also:

Click here to view the release.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.