Japanese convenience store operator Seven-Eleven Japan has said it is on track to achieve its operating profit target of ¥86.9bn (US$740.2m) for the six months to August.

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“We are on track to achieve the half-year target announced in April,” a spokesman at Seven Eleven was quoted by Reuters as saying. He added that the company might therefore increase its dividend payment.


The target would represent a rise in operating profit of 5% compared with the year-ago period, with cost cuts offsetting the negative impact of the cool summer weather.


 

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