For the Fiscal Year Ended March 31, 2017

Annual Select® 2017

G-7 HOLDINGS Inc.
1-6, Yasakadai 3-chome, Suma-ku, Kobe-shi, Hyogo(Securities Code: 7508)+81-78-797-7700

Corporate Profile
The G-7 Group has achieved strong and steady growth of its Store Franchising Business, which initially centered on
franchise stores under the worldwide AUTOBACS brand of auto parts and accessories, and then made rapid progress withthe development of Business Supermarkets.
Today, the G-7 Group operates 73 AUTOBACS stores in and outside Japan and 128 Business Supermarkets, making it thelargest affiliated franchisee for both chains.
The G-7 Group has expanded to a wide range of businesses including the AUTOBACS/Car related Business, the BusinessSupermarket/Quality Food Business, the Motorcycle Parts and Accessories Business, the Agricultural Business, and Overseas
Business.
In order to be a company that is worthy of the continued support of customers and shareholders, we will remain aggressive
about entering new markets as we endeavor to sustain growth over the long term.
We have formulated a new mid-term management plan with the term ending March 2021, the 45th anniversary of ourestablishment, as its final year, in which consolidated net sales of 170 billion yen and ordinary profit of 7 billion yen havebeen set as our numerical goals. To achieve this target, the G-7 Group has been opening new stores when the timing is rightand engaging in M&A opportunities. Going forward, we will continue to take on challenges geared toward attaining further
growth, through initiatives that include expanding sales channels by making the most of Group synergies and ramping up
store openings in Southeast Asia.

AUTOBACS Klan Sentral, Malaysia

Business Supermarket Shin-tatsuno

I. Summary of Selected Financial Data (Consolidated)

Net sales(Millions of yen)(Thousands of U.S. dollars)

Ordinary profit(Millions of yen)(Thousands of U.S. dollars)Profit attributable to ownersof parent(Millions of yen)(Thousands of U.S. dollars)

Comprehensive income(Millions of yen)(Thousands of U.S. dollars)

Net assets(Millions of yen)(Thousands of U.S. dollars)

Total assets(Millions of yen)(Thousands of U.S. dollars)

Net assets per share(Yen)(U.S. dollars)

Basic earnings per share(Yen)(U.S. dollars)

Diluted earnings per share(Yen)(U.S. dollars)

Equity ratio(%)

Return on equity (ROE)(%)

Price earnings ratio (PER)(Times)Net cash provided by (used in)operating activities(Millions of yen)(Thousands of U.S. dollars)

Net cash provided by (used in)investing activities(Millions of yen)(Thousands of U.S. dollars)

Net cash provided by (used in)financing activities(Millions of yen)(Thousands of U.S. dollars)

Cash and cash equivalents at
end of period(Millions of yen)(Thousands of U.S. dollars)

Number of employees[Separately, average numberof temporary employees]

38th term

39th term

40th term

41st term

42nd term

Fiscal year ended
March 31, 2013

Fiscal year ended
March 31, 2014

Fiscal year ended
March 31, 2015

Fiscal year ended
March 31, 2016

Fiscal year ended
March 31, 2017¥82,623¥88,178¥88,261¥103,895¥110,377$1,018,957

2,933

3,139

2,512

3,220

4,062

37,498

1,345

1,541

1,272

1,867

2,080

19,201

1,312

1,499

1,240

1,942

2,174

20,06910,558

11,59912,404

14,183

15,658144,548

30,401

32,05732,33936,154

37,618347,274

867.54953.05

1,019.17

1,137.86

1,267.83

11.70

110.51

126.66104.59153.95171.76

1.58

–

–

–

–

–

–

34.7

36.2

38.4

38.1

40.8

13.41

13.92

10.61

14.26

14.28

5.27

5.96

9.57

8.33

14.65

3,626

3,546

1,830

3,885

3,685

34,018(1,722)(2,096)(1,288)(1,296)(1,884)(17,392)

(692)

(619)

(799)

(1,293)(638)(5,889)

6,299

7,183

6,952

8,242

9,395

86,731

1,371[2,422]

1,406[2,455]1,414[2,613]

1,653[2,873]

1,677[3,145](Persons)

Notes: 1.
2.
3.

U.S. dollar amounts are the yen equivalent, calculated for convenience only, at a rate of ¥108.323425 = U.S. $1.
Net sales do not include consumption taxes.
Diluted earnings per share is not provided since there are no potential shares.

-1-II. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousands of
U.S. dollars)*(Millions of yen)
As ofMarch 31, 2016

As ofMarch 31, 2017

As ofMarch 31, 2017

8,242
1,937
5,341
363
1,245
(19)
17,111

9,395
1,915
5,597
349
1,305
(22)
18,54286,731
17,67851,6693,221
12,047(203)
171,172

18,134(10,841)
7,293
1,382
(873)
509
4,973
52
3,881
(2,839)1,041
13,87018,494(11,533)
6,961
1,475
(952)
522
4,973
77
4,326
(3,171)
1,154
13,689170,729(106,468)
64,261
13,616(8,788)4,818
45,908710
39,935(29,273)
10,653
126,371

39
213
253

11
200
211

101
1,846
1,947

214
3,651
804
278
(29)
4,919
19,04236,154

276
3,721
937
330
(89)
5,175
19,076
37,6182,547
34,350
8,650
3,046
(821)
47,773
176,102347,274

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
LandConstruction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Lease and guarantee deposits
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets* Please refer to the note 1 on page 1.

-2-

(Thousands of
U.S. dollars)*(Millions of yen)
As ofMarch 31, 2016

As ofMarch 31, 2017

As ofMarch 31, 2017

5,298
3,542
899
587
265
3,066
13,659

5,468
5,326
798
488
247
3,036
15,36650,47849,167
7,366
4,505
2,280
28,027
141,852

4,800
42
731
862
520
1,355
8,311
21,971

3,100
42
731
902
540
1,276
6,594
21,96028,618
387
6,748
8,326
4,985
11,77960,873
202,726

1,785
2,717
10,604(725)
14,381

1,785
2,757
12,078(725)
15,896

16,47825,451
111,499(6,692)
146,745

5

61

563

(522)
(56)
(28)
(601)
402
14,18336,154

(522)
(88)
8
(541)
303
15,65837,618(4,818)(812)
73(4,994)
2,797
144,548347,274

Liabilities
Current liabilities
Accounts payable - trade
Short-term loans payable
Income taxes payable
Provision for bonuses
Provision for point card certificates
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Deferred tax liabilities for land revaluation
Provision for directors’ retirement benefits
Asset retirement obligations
Net defined benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets* Please refer to the note 1 on page 1.

-3-

(2) Consolidated Statements of Income andConsolidated Statements of Comprehensive Income(Consolidated Statements of Income)(Thousands of
U.S. dollars)*(Millions of yen)
Fiscal year ended
March 31, 2016
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Commission fee
Co-sponsor fee
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Loss on disposal of non-current assets
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on bargain purchaseTotal extraordinary income
Extraordinary losses
Loss on closing of stores
Loss on business withdrawal
Loss on valuation of investment securities
Provision of allowance for doubtful accounts
Impairment loss
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent* Please refer to the note 1 on page 1.

-4-

Fiscal year ended
March 31, 2017

Fiscal year ended
March 31, 2017

103,895
77,236
26,65823,6293,028

110,377
81,741
28,636
24,7393,897

1,018,957
754,601
264,356
228,380
35,975

2
0
175
75
68
322

6
0
169
71
91
339

55
0
1,560
655
840
3,129

46
57
0
26
130
3,220

54
48
37
33
174
4,062

498
443
341
304
1,606
37,498

209
209

–
–

–
–

–
39
7
8
59
114
3,315
1,347
35
1,383
1,932
65
1,867

20
–
44
74
390
529
3,532
1,578
(160)
1,418
2,114
34
2,080

184
–
406
683
3,600
4,883
32,606
14,567(1,477)
13,09019,515313
19,201

(Consolidated Statements of Comprehensive Income)(Thousands of
U.S. dollars)*(Millions of yen)
Fiscal year ended
March 31, 2016
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable tonon-controlling interests* Please refer to the note 1 on page 1.

-5-

Fiscal year ended
March 31, 2017

Fiscal year ended
March 31, 2017

1,932

2,114

19,515

(0)
2
64
(56)
10
1,942

55
–
(32)
36
59
2,174

507
–
(295)
332
544
20,069

1,877

2,139

19,746

65

34

313

(3) Consolidated Statements of Changes in Equity
Fiscal year ended March 31, 2016
(Millions of yen)
Shareholders’ equity

Balance at beginning of current
periodCapital stock

Capital surplus

1,785

2,717

Retained earnings

Total shareholders’equityTreasury shares

9,125

(612)

13,015

Changes of items during period
Dividends of surplus

(388)

(388)

Purchase of treasury shares(113)

Profit attributable to ownersof parent

(113)

1,867

1,867

Net changes of items otherthan shareholders’ equity
Total changes of items during
periodBalance at end of current
period

–

–

1,479

(113)

1,365

1,785

2,717

10,604(725)

14,381

Accumulated other comprehensive income

Balance at beginning of current
periodValuationdifference on
available-forsale securities

Revaluation
reserve for land

Foreigncurrencytranslation
adjustment

5

(524)

(121)

Total
Non-controlling
Remeasurements accumulated
interestsof definedotherbenefit planscomprehensive
income
28

(611)

–

Total net
assets12,404

Changes of items during period
Dividends of surplus

–

(388)

Purchase of treasury shares

–

(113)

Profit attributable to ownersof parent

–

1,867

Net changes of items otherthan shareholders’ equity

(0)

2

64

(56)

10

402

413

Total changes of items during
period

(0)

2

64

(56)

10

402

1,778

Balance at end of current
period

5

(522)

(56)

(28)

(601)

402

14,183-6-

Fiscal year ended March 31, 2017
(Millions of yen)
Shareholders’ equity

Balance at beginning of current
periodCapital stock

Capital surplus

1,785

2,717

Retained earnings

Total shareholders’equityTreasury shares

10,604(725)

14,381

Changes of items during period
Increase and decrease bymergerDividends of surplus

(0)

(0)

(605)

(605)

Purchase of treasury shares(0)Profit attributable to ownersof parent

(0)

2,080

Change in ownershipinterest of parent due totransactions with
non-controlling interests

2,080

40

(0)

40

Net changes of items otherthan shareholders’ equity
Total changes of items during
periodBalance at end of current
period

–

40

1,473

(0)

1,514

1,785

2,757

12,078(725)

15,896

Accumulated other comprehensive income

Balance at beginning of current
periodValuationdifference on
available-forsale securities

Revaluation
reserve for land

Foreigncurrencytranslation
adjustment

5

(522)

(56)

Total
Non-controlling
Remeasurements accumulated
interestsof definedotherbenefit planscomprehensive
income
(28)

(601)

402

Total net
assets

14,183

Changes of items during period
Increase and decrease bymerger(0)

Dividends of surplus(605)

Purchase of treasury shares(0)Profit attributable to ownersof parent

2,080

Change in ownershipinterest of parent due totransactions with
non-controlling interests

40

Net changes of items otherthan shareholders’ equity

55

–

(32)

36

59

(98)

(39)

Total changes of items during
period

55

–

(32)

36

59

(98)

1,475

Balance at end of current
period

61

(522)

(88)

8

(541)

303

15,658-7-

Fiscal year ended March 31, 2017
(Thousands of U.S. dollars)*Shareholders’ equity

Balance at beginning of current
periodCapital stock

Capital surplus

16,47825,082Retained earnings
97,892

Total shareholders’equityTreasury shares(6,692)

132,759

Changes of items during period
Increase and decrease bymergerDividends of surplus

(0)

(0)

(5,585)(5,585)Purchase of treasury shares(0)Profit attributable to ownersof parent(0)

19,201

Change in ownershipinterest of parent due totransactions with
non-controlling interests

19,201

369

(0)

369

Net changes of items otherthan shareholders’ equity
Total changes of items during
periodBalance at end of current
period–369

13,598(0)

13,976

16,47825,451

111,499(6,692)

146,745

Accumulated other comprehensive income
Valuationdifference on
available-forsale securities

Revaluation
reserve for land

46

(4,818)

Balance at beginning of current
periodForeigncurrencytranslation
adjustment
(516)

Total
Non-controlling
Remeasurements accumulated
interestsof definedotherbenefit planscomprehensive
income(258)(5,548)

3,711

Total net
assets130,931

Changes of items during period
Increase and decrease bymerger(0)

Dividends of surplus(5,585)Purchase of treasury shares(0)Profit attributable to ownersof parent

19,201

Change in ownershipinterest of parent due totransactions with
non-controlling interests369

Net changes of items otherthan shareholders’ equity

507

–

(295)

332

544

(904)

(360)

Total changes of items during
period

507

–

(295)

332

544

(904)

13,616

Balance at end of current
period563(4,818)(812)

73(4,994)

2,797

144,548* Please refer to the note 1 on page 1.

-8-

(4) Consolidated Statements of Cash Flows(Thousands of
U.S. dollars)*(Millions of yen)
Fiscal year ended
March 31, 2016
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of goodwill
Impairment loss
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in provision for directors’
retirement benefits
Loss on withdrawal from business
Loss on store closings
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for point cardcertificates
Gain on bargain purchase
Increase (decrease) in net defined benefit liability
Interest and dividend income
Interest expenses
Loss on retirement of property, plant and equipment
Loss (gain) on valuation of investment securities
Decrease (increase) in guarantee deposits
Foreign exchange losses (gains)
Decrease (increase) in notes and accounts
receivable - trade
Decrease (increase) in inventories
Decrease (increase) in other assets
Increase (decrease) in notes and accounts payable trade
Increase (decrease) in accrued consumption taxes
Increase (decrease) in other liabilities
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities* Please refer to the note 1 on page 1.

-9-

Fiscal year ended
March 31, 2017

Fiscal year ended
March 31, 2017

3,315
1,487
74
59

3,532
1,545
27
390

32,606
14,262
249
3,600

19

74

683

25

–

–

39
–
168

–
20
(99)

–
184
(913)

20

(17)

(156)

(209)
81
(3)
46
57
9
(86)
0

–
19
(7)
54
48
44
(113)
37

–
175
(64)
498
443
406
(1,043)
341

131

22

203

(111)
(21)

(265)
(54)

(2,446)
(498)

586

171

1,578

(82)
(709)
(137)
4,760
3
(39)
(839)
3,885

(118)
198
(58)
5,453
7
(47)
(1,727)
3,685(1,089)1,827(535)
50,33964(433)(15,942)
34,018(Thousands of
U.S. dollars)*(Millions of yen)
Fiscal year ended
March 31, 2016

Fiscal year ended
March 31, 2017

Fiscal year ended
March 31, 2017(31)
(2,171)–(1,704)–(15,730)

–

5

46

(29)
596
(39)
75

–
–
(32)
–

–
–
(295)
–

580

–

–

(108)
4
(189)

(68)
4
(93)

(627)
36
(858)

62

54

498

38
(101)
16
(1,296)26(76)–(1,884)

240
(701)
–
(17,392)

(124)
(620)

300
(200)

2,769
(1,846)

–

(92)

(849)

(113)
(388)
(46)
(1,293)

(0)
(604)
(41)
(638)

(0)
(5,575)(378)(5,889)

(6)

(13)

(120)

1,289
6,952

1,149
8,242

10,60776,086

–

4

36

8,242

9,395

86,731

Cash flows from investing activities
Purchase of shares of subsidiaries
Purchase of property, plant and equipment
Proceeds from sales of property, plant andequipment
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of investment securities
Proceeds from sales of investment securities
Proceeds from purchase of shares of subsidiaries
resulting in change in scope of consolidation
Payments of loans receivableCollection of loans receivable
Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee
deposits
Proceeds from guarantee deposits received
Other payments
Other proceeds
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Repayments of long-term loans payable
Payments from changes in ownership interests in
subsidiaries that do not result in change in scope of
consolidation
Purchase of treasury shares
Cash dividends paid
Other payments
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting frommergerCash and cash equivalents at end of period* Please refer to the note 1 on page 1.

- 10 -

III. Corporate Data
Basic Information (as of March 31, 2017)
Trade name:
Established:
Listed market:
Listed:Business year:
Paid-in capital:
Number of employees:
Head office:Telephone:G-7 HOLDINGS Inc.
June 18, 1976
The First Section of Tokyo Stock Exchange(Securities Code: 7508)
August 22, 1996
From April 1 to March 31 of the following year
1,785 million yen
1,677 (Consolidated)
1-6, Yasakadai 3-chome, Suma-ku, Kobe-shi, Hyogo+81-78-797-7700

Group Companies (as of March 31, 2017)
G-7 AUTO SERVICE CO., LTD.
G-7 SUPER MART CO., LTD.
G-7 RETAIL JAPAN CO., LTD.
G-7 BIKE WORLD CO., LTD.
G7 JAPAN FOOD SERVICE CO., LTD.
G-7 AGRI JAPAN CO., LTD.
G-7 MEAT TERABAYASHI CO., LTD.
G7 INTERNATIONAL PTE. LTD.
G7 RETAIL MALAYSIA SDN. BHD.
G7 AGRI VIET NAM CO., LTD.
PT. G7 SERVICE. INDONESIACM G-7 AGRI MYANMAR CO., LTD.
G7 (THAILAND) CO., LTD.
G7 FOODS ASIA PTE. LTD.
SEVEN FORTUNE GROUP LTD. (HONG KONG)
SEVEN FORTUNE CO., LTD. (TAIWAN)- 11 -

Directors and Corporate Auditors (as of June 29, 2017)
Founder and Chairman Emeritus
President and Representative Director
Executive Director
Director
Director
Director
Director*
Director*
Corporate Auditor (Full-time)
Corporate Auditor**
Corporate Auditor*** Outside Director

Mamoru Kinoshita
Tatsumi Kaneda
Norio Kinoshita
Yasumasa Kishimoto
Yukitoshi Matsuda
Keiichi Okumoto
Mitsuru Sakamoto
Yukihiro Shida
Taizo Yoshida
Teiji Joko
Hiroki Nishii** Outside Corporate Auditor

Note: The Company designated Mr. Mitsuru Sakamoto, Mr. Yukihiro Shida, Mr. Teiji Joko, and Mr. Hiroki Nishii as
Independent Directors/Auditors stipulated by Tokyo Stock Exchange Inc. and reported them to the Exchange.

Stock Status (as of March 31, 2017)
Total number of shares authorized:
Total number of shares issued:
Number of shareholders:Major shareholders (Top 10)

52,000,000 shares
13,336,400 shares
4,626

Number of shares held(Thousands)
Mamoru Kinoshita
1,830
Norio Kinoshita
1,829
Chinami Seki
1,129
Kinoshita Family Service
1,094
Yoko Kinoshita
826
Autobacs Seven Co., Ltd.
337
MSIP CLIENT SECURITIES203
The Master Trust Bank of Japan, Ltd. (Trust Account)
138
Japan Trustee Services Bank, Ltd. (Trust Account)
136
Japan Trustee Services Bank, Ltd. (Trust Account 5)
107
Shareholder nameShare-holding ratio
(%)
15.11
15.11
9.32
9.03
6.82
2.78
1.68
1.14
1.12
0.88

Notes:
1. G-7 HOLDINGS Inc. holds 1,225,625 treasury shares, which are not included in the above table.
2. The number of shares held is rounded down to units of one thousand.
3. Share-holding ratio was calculated excluding treasury shares.
4. The share-holding ratios are rounded down to the second decimal place.

* Annual Select is an English-language disclosure format developed by ZAIHON, INC. to increase the level of convenience of investors outside Japan based on Japanese-language
statutory disclosure material, timely disclosure material prescribed by securities exchanges and voluntarily disclosed IR material. Annual Select is a registered trademark of
ZAIHON, INC. Reproduction or copying without prior permission is prohibited.
* While every best effort has been made to provide a translation meeting the quality standards required of professionals, the Company does not guarantee it is 100% accurate.
Therefore, please verify the original Japanese text for any final judgments made based on this information.

- 12 -