| Home > Investor Relations > Top Management Message
Today Lawson announced its financial results for the third quarter of fiscal 2012 ending February 28, 2013. A summary of our consolidated results for the first nine months of fiscal 2012 is:
Operating profit | 53.4 billion yen (up 7.5% year on year) |
Recurring profit | 53.1 billion yen (up 6.8% year on year) |
Net profit | 28.5 billion yen (up 38.5% year on year) |
Please click here for more details.
Our cumulative sales at existing stores (non-consolidated basis) for the first nine months increased 0.1% year on year in spite of the effects of the waning consumer sentiment that was triggered by the global economic slowdown and a higher-than-expected decrease in cigarette sales. We are regarded highly by our customers because convenience stores provide value as social infrastructure by bringing essential items at all times right to the neighborhood of customers. We are pleased that our customer base has continued to be diversified and the number of loyal customers has been steadily increasing. We believe this was attributable to our efforts to optimize merchandise assortments to match customer needs. We strengthened the offering of perishable foods and developed products by leveraging our customer relationship management (CRM) based on analysis of our loyalty card data and our supply chain management (SCM) including procurement of high-quality raw materials. In addition, we pursued creation of added value in the value chain and improved accuracy in order placement by use of our ongoing business reform PRiSM. They contributed to a 0.6 percentage point improvement in gross profit margin on products excluding cigarettes compared to the previous year.
As a result, consolidated operating profit increased by 3.7 billion yen or 7.5% year-on-year to 53.4 billion yen. Net profit amounted to 28.5 billion yen, increased 7.9 billion yen from the first nine months of the previous year
In the fourth quarter, we will continue to implement the fiscal 2012 management policies which aimed at achieving "Creating Happiness and Harmony in Our Communities." Our particular focus will be made on expanding our customer base by providing them with perishable foods and prepared fast foods.
Even in such a tough business environment, We believe that our profit plan for fiscal 2012 is achievable. Moreover, we plan to make further progress in our overseas business as well as in the entertainment and e-commerce businesses, all the while strictly adhering to our ROI standards. We will further establish the basis for achieving long- and medium-term sustainable growth.
I would like to thank you, our shareholders and investors, for your continuous understanding and support.
Copyright©Lawson, Inc. All Rights Reserved.