For the Fiscal Year Ended March 31, 2022

Annual Select® 2022

G-7 HOLDINGS Inc.
1-3, Yasakadai 2-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 78 AUTOBACS stores in and outside Japan and 175 Gyomu Supers, making it the largest
affiliated franchisee for both chains.
The G-7 Group has expanded to a wide range of businesses including the AUTOBACS/Car related Business, the Gyomu
Super Business, the Motorcycle Parts and Accessories Business, the Agricultural Business, the Mini-supermarket 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 2026, the 50th anniversary of ourestablishment, as its final year, in which consolidated net sales of 250 billion yen and ordinary profit of 10 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 furthergrowth, through initiatives that include expanding sales channels by making the most of Group synergies and ramping up
store openings in Southeast Asia.

AUTOBACS & BIKEWORLD Old Klan Road, MalaysiaGyomu Super Fusehata Inter, Kobe, Japan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]

43rd term

44th term

45th term

46th term

47th term

Fiscal year ended
March 31, 2018

Fiscal year ended
March 31, 2019

Fiscal year ended
March 31, 2020

Fiscal year ended
March 31, 2021

Fiscal year ended
March 31, 2022

¥119,816¥122,502¥132,642¥163,556¥168,525$1,376,950

4,568

5,019

5,995

7,306

7,877

64,359

2,648

3,041

3,523

4,855

5,255

42,936

2,761

2,935

3,5595,026

5,134

41,947

17,732

19,50222,01821,26324,747202,197

41,594

44,69147,886

51,391

54,145442,397358.48401.88453.67478.92558.17

4.56

54.68

62.78

72.73

105.82

119.28

0.97

–

–

–

–

–

–

41.7

43.6

45.9

41.1

45.4

16.19

16.51

17.00

22.54

23.00

11.27

9.29

15.95

12.47

13.87

5,204

5,740

5,057

9,314

5,633

46,025(1,678)(1,700)(2,615)(2,974)(3,245)(26,513)(1,638)

(803)

(506)

(6,555)(1,618)(13,220)

11,27914,51816,46516,254

17,028139,129

1,698[3,393]

1,659[3,471]

1,737[3,713]

1,962[5,670]2,054[5,667](Persons)

Notes: 1.
2.
3.
4.

U.S. dollar amounts are the yen equivalent, calculated for convenience only, at a rate of ¥122.39 = U.S. $1.
Diluted earnings per share is not provided since there are no potential shares.
The Company conducted a 2-for-1 stock split for common stock with an effective date of January 1, 2020 and a 2-for-1 stock
split for common stock with an effective date of October 1, 2021. The stated net assets per share and basic earnings per share
have been calculated on the assumption that these stock splits were conducted at the beginning of the 43rd term.
The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) andrelevant ASBJ regulations from the beginning of the fiscal year ended March 31, 2022, and the key management indicators, etc.
for the fiscal year ended March 31, 2022 are those after applying the accounting standard and relevant ASBJ regulations.

-1-II. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousands of
U.S. dollars)*(Millions of yen)
As ofMarch 31, 2021

As ofMarch 31, 2022

As ofMarch 31, 2022

16,2593,353
6,517
1,528(8)27,65017,033
3,992
6,854
1,627
(10)
29,498139,169
32,61756,001
13,293(81)
241,016

22,175(14,358)
7,816
2,040
(1,538)
502
5,086
184
6,141
(4,753)
1,387
14,977

23,207(14,830)
8,376
2,013
(1,554)
458
5,086
143
6,961
(5,289)1,672
15,737

189,615(121,170)
68,436
16,447(12,697)
3,742
41,555
1,168
56,875(43,214)
13,661
128,580

516
305
821

437
294
731

3,570
2,402
5,972

581
5,226
2,010
822
(698)
7,941
23,741
51,391

417
5,525
2,133
274
(173)
8,177
24,64754,145

3,407
45,142
17,4272,238(1,413)
66,811
201,380
442,397

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise and finished goods
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, netMachinery, 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
Leasehold 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 ofU.S. dollars)*(Millions of yen)
As ofMarch 31, 2021

As ofMarch 31, 2022

As ofMarch 31, 2022

8,296
8,000
1,829
1,122
4,853
24,101

8,479
8,000
1,180
1,081
4,571
23,313

69,27865,364
9,641
8,832
37,347
190,481

1,300
42

1,300
42

10,621
343

731

731

5,972

2,117
771
1,063
6,027
30,128

2,192
807
1,010
6,084
29,39817,9096,593
8,252
49,709240,199

1,785
2,905
16,834(0)
21,525

1,785
2,905
20,415(0)25,106

14,58423,735
166,802(0)
205,131278

203

1,658(514)
(167)
(19)
(422)160
21,26351,391

(514)
(196)
(4)
(511)
152
24,74754,145(4,199)(1,601)(32)(4,175)1,241
202,197442,397

Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Deferred tax liabilities for land revaluation
Provision for retirement benefits for directors(and other officers)
Asset retirement obligations
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities
Net assetsShareholders’ equity
Share capital
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 ofU.S. dollars)*(Millions of yen)
Fiscal year ended
March 31, 2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Commission income
Sponsorship money income
Subsidy income
Dividend income of insurance
Gain on sale of investment securities
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on disposal of non-current assets
Provision of allowance for doubtful accounts
Commission for purchase of treasury shares
Corporate funeral expenses
OtherTotal non-operating expenses
Ordinary profit
Extraordinary income
Gain on bargain purchase
Compensation income
Total extraordinary income
Extraordinary losses
Loss on store closings
Loss on valuation of investment securities
Impairment losses
Loss on business of subsidiaries and associates
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, 2022

Fiscal year ended
March 31, 2022

163,556
121,715
41,84034,782
7,058

168,525
126,215
42,30934,8607,448

1,376,950
1,031,252
345,690284,827
60,854

2
9
168
144
55
–
0
104
485

1
4
156
167
23
96
79
179
709

8
32
1,274
1,364
187
784
645
1,462
5,792

30
70
56
24–
55
236
7,306

28
134
33–
34
47
280
7,877

228
1,094
269
–
277
384
2,287
64,359

43
–
43–
62
62

–
506
506

95
14
273
–
383
6,967
2,294
(170)
2,124
4,843
(12)
4,855

–
12
450
6
469
7,470
2,342
(95)2,247
5,223
(32)
5,255

–
98
3,676
49
3,832
61,034
19,135(776)
18,35942,675(261)
42,936

(Consolidated Statements of Comprehensive Income)(Thousands ofU.S. dollars)*(Millions of yen)
Fiscal year ended
March 31, 2021
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
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 ofparent
Comprehensive income attributable tonon-controlling interests* Please refer to the note 1 on page 1.

-5-

Fiscal year ended
March 31, 2022

Fiscal year ended
March 31, 2022

4,843

5,223

42,675

185
(3)
0182
5,026

(75)
(28)
15(88)
5,134(612)(228)
122(719)
41,947

5,038

5,166

42,209

(12)

(32)

(261)

(3) Consolidated Statements of Changes in Equity
Fiscal year ended March 31, 2021
(Millions of yen)
Shareholders’ equity

Balance at beginning of period

Share capital

Capital surplus

1,785

2,905

Retained earnings

Treasury shares

18,616Total shareholders’equity(725)

22,582

Changes during period
Dividends of surplus(1,119)(1,119)Profit attributable to ownersof parent

4,855

4,855

Purchase of treasury shares
Cancellation of treasury
shares(4,792)(4,792)(5,518)

5,518–

Net changes in items otherthan shareholders’ equity
Total changes during period
Balance at end of period––(1,782)725(1,056)

1,785

2,905

16,834(0)

21,525

Accumulated other comprehensive income

Balance at beginning of period

Valuationdifference on
available-forsale securitiesRevaluation
reserve for land

Foreigncurrencytranslation
adjustment

93(514)

(164)

Total
Non-controlling
Remeasurements accumulated
interestsof definedotherbenefit planscomprehensive
income
(20)

(605)

41

Total net
assets

22,018Changes during period
Dividends of surplus(1,119)Profit attributable to ownersof parent

4,855

Purchase of treasury shares(4,792)

Cancellation of treasury
shares–Net changes in items otherthan shareholders’ equity

185

–

(3)

0182

119

301

Total changes during period

185

–(3)

0182

119

(754)

Balance at end of period

278

(514)

(167)

(19)

(422)

160

21,263-6-Fiscal year ended March 31, 2022
(Millions of yen)
Shareholders’ equity

Balance at beginning of period

Share capital

Capital surplus

1,785

2,905

Retained earnings

Treasury shares

16,834

Total shareholders’equity(0)21,525

Changes during period
Dividends of surplus(1,674)(1,674)

Profit attributable to ownersof parent

5,255

5,255

Purchase of treasury shares

(0)

(0)

Net changes in items otherthan shareholders’ equity
Total changes during period
Balance at end of period––3,581

(0)

3,581

1,785

2,905

20,415(0)25,106

Accumulated other comprehensive income
Valuationdifference on
available-forsale securities
Balance at beginning of period

278

Revaluation
reserve for land

Foreigncurrencytranslation
adjustment

(514)

(167)

Total
Non-controlling
Remeasurements accumulated
interestsof definedotherbenefit planscomprehensive
income
(19)

(422)

160

Total net
assets21,263

Changes during period
Dividends of surplus(1,674)

Profit attributable to ownersof parent

5,255

Purchase of treasury shares(0)

Net changes in items otherthan shareholders’ equity

(75)

–

(28)

15(88)(8)(96)

Total changes during period

(75)

–(28)

15(88)(8)3,484

Balance at end of period

203

(514)

(196)

(4)

(511)

152

24,747-7-Fiscal year ended March 31, 2022
(Thousands of U.S. dollars)*Shareholders’ equity

Balance at beginning of period

Share capital

Capital surplus

14,58423,735Retained earnings

Treasury shares

137,543

Total shareholders’equity(0)

175,872

Changes during period
Dividends of surplus(13,677)(13,677)

Profit attributable to ownersof parent

42,93642,936

Purchase of treasury shares

(0)

(0)

Net changes in items otherthan shareholders’ equity
Total changes during period
Balance at end of period––

29,258(0)29,258

14,58423,735

166,802(0)

205,131

Accumulated other comprehensive income
Valuationdifference on
available-forsale securities

Revaluation
reserve for land

Foreigncurrencytranslation
adjustment

2,271(4,199)(1,364)

Balance at beginning of period

Total
Non-controlling
Remeasurements accumulated
interestsof definedotherbenefit planscomprehensiveincome(155)(3,447)

1,307

Total netassets

173,731

Changes during period
Dividends of surplus(13,677)

Profit attributable to ownersof parent

42,936

Purchase of treasury shares(0)

Net changes in items otherthan shareholders’ equity

(612)

–

(228)

122(719)

(65)

(784)

Total changes during period

(612)

–

(228)

122

(719)

(65)

28,466

Balance at end of period

1,658(4,199)(1,601)(32)(4,175)1,241

202,197* Please refer to the note 1 on page 1.

-8-

(4) Consolidated Statements of Cash Flows(Thousands ofU.S. dollars)*(Millions of yen)
Fiscal year ended
March 31, 2021
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of goodwill
Impairment losses
Increase (decrease) in allowance for doubtful
accounts
Loss on store closings
Insurance claim income
Gain on bargain purchase
Increase (decrease) in provision for bonuses
Increase (decrease) in retirement benefit liability
Interest and dividend income
Subsidy income
Compensation income
Interest expenses
Corporate funeral expenses
Commission for purchase of treasury shares
Loss (gain) on sale of investment securities
Loss on retirement of property, plant and equipment
Loss (gain) on sale of property, plant and equipment
Loss (gain) on valuation of investment securities
Loss on business of subsidiaries and associates
Decrease (increase) in guarantee deposits
Foreign exchange losses (gains)
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Decrease (increase) in other assets
Increase (decrease) in trade payables
Increase (decrease) in accrued consumption taxes
Increase (decrease) in other liabilities
Other, net
SubtotalInterest and dividends received
Subsidies received
Interest paid
Proceeds from insurance income
Proceeds from compensation
Income taxes refund
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, 2022

Fiscal year ended
March 31, 2022

6,967
1,668
80
273

7,470
1,868
79
450

61,034
15,262
645
3,676

394

(523)

(4,273)95–(43)
17(77)
(12)
(55)
–
30
–
24
(0)
70
(3)
14–
(137)
(11)
183
(412)
(272)
407
265
215
(98)
9,584
26
55
(25)
––
779
(1,106)
9,314–(96)
–(40)
35
(6)
(23)
(62)
28
34–(79)
134
(7)
12
6(61)
(47)
(638)
(322)
272
180(295)
(38)
79
8,411
6
23
(24)
96
62
150
(3,091)
5,633

–
(784)
–(326)
285
(49)
(187)
(506)
228
277
–
(645)
1,094
(57)
98
49
(498)
(384)
(5,212)(2,630)2,222
1,470(2,410)(310)
645
68,722
49
187
(196)
784
506
1,225
(25,255)
46,025(Thousands of
U.S. dollars)*(Millions of yen)
Fiscal year ended
March 31, 2021

Fiscal year ended
March 31, 2022

Fiscal year ended
March 31, 2022

(2,592)4(0)–(2,877)20(0)(3)(23,506)
163
(0)
(24)

100––

59(5)
15

119––

972
–
–

(284)

–

–

(25)
43(342)(9)4(475)(73)
32(3,881)

69

109

890

10
89
(116)
–
(2,974)

32
13
(183)
1(3,245)261
106(1,495)8(26,513)

(550)
(48)

–––
–

–

24

196

(4,816)(1,118)(22)(6,555)(0)(1,620)(23)(1,618)(0)(13,236)(187)(13,220)

4

4

32

(210)
16,465
16,254773
16,254
17,0286,315
132,804
139,129

Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of investment securities
Purchase of shares of subsidiaries and associates
Proceeds from sale of shares of subsidiaries andassociates
Proceeds from sale of investment securities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of shares of subsidiaries resulting inchange in scope of consolidation
Loan advances
Proceeds from collection of loans receivable
Payments of leasehold and guarantee deposits
Proceeds from refund of leasehold and guarantee
deposits
Guarantee deposits received
Proceeds from cancellation of insurance funds
Other payments
Other proceeds
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayments of long-term borrowings
Proceeds from share issuance to non-controllingshareholders
Purchase of treasury shares
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
Cash 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, 2022)
Trade name:
Established:
Listed market:
Listed:Business year:
Paid–in capital:
Number of employees:
Head office:Telephone:G-7 HOLDINGS Inc.
June 18, 1976
Prime Market of Tokyo Stock Exchange(Securities Code: 7508)
August 22, 1996
From April 1 to March 31 of the following year
1,785 million yen
2,054 (Consolidated; excluding temporary employees)
1-3, Yasakadai 2-chome, Suma-ku, Kobe-shi, Hyogo+81-78-797-7700

Group Companies (as of April 1, 2022)
G-7 AUTO SERVICE CO., LTD.
G7 RETAIL JAPAN CO., LTD.
G-7 SUPER MART CO., LTD.
G-7 BIKE WORLD CO., LTD.
G7 AGRI JAPAN CO., LTD.
G7 JAPAN FOOD SERVICE CO., LTD.
G-7 MEAT TERABAYASHI CO., LTD.
G-7 RICO’S STORES CO., LTD.
G7 STORE INNOVATIONS CO., LTD.
G7 RETAIL MALAYSIA SDN. BHD.
G-7. CrownTrading CO., LTD.

- 11 -Directors and Director/Audit and Supervisory Committee Members (as of June 29, 2022)

Representative Director, Chairman, President and CEO
Managing Director
DirectorDirectorDirector
Director*
Director*
Director*
Director/Audit and Supervisory Committee Member (Full-time)
Director/Audit and Supervisory Committee Member**Director/Audit and Supervisory Committee Member*** Outside Director

Tatsumi Kaneda
Yasumasa Kishimoto
Yukitoshi Matsuda
Daisaku Seki
Isao Tamaki
Mitsuru Sakamoto
Yukihiro Shida
Yugo Ito
Taizo Yoshida

Teiji Joko
Hiroki Nishii** Outside Director/Audit and Supervisory Committee Member

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

Stock Status (as of March 31, 2022)
Total number of shares authorized:
Total number of shares issued:
Number of shareholders:Major shareholders (Top 10)

208,000,000 shares
44,063,754 shares
5,107

Number of shares held(Thousands)
K Trust Association Trust Account11,835
Yoko Kinoshita
6,966
G-7 Scholarship Foundation
3,661
The Master Trust Bank of Japan, Ltd. (Trust Account)
2,882
Northern Trust Co. (AVFC) RE HCR00
2,049
Autobacs Seven Co., Ltd.
1,348
SSBTC CLIENT OMNIBUS ACCOUNT
1,048
BBH FOR FIDELITY LOW-PRICED STOCK FUND
763
(PRINCIPAL ALL SECTOR SUBPORTFOLIO)
Custody Bank of Japan, Ltd. (Trust Account)
618
Northern Trust Co. (AVFC) SUB A/C NON TREATY
411
Shareholder nameShare-holding ratio
(%)
26.86
15.80
8.30
6.54
4.65
3.06
2.37
1.73
1.40
0.93

Notes:
1. The share-holding ratios are calculated excluding treasury shares (24 shares).
2. The number of shares held is rounded down to units of one thousand.
3. 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 ofZAIHON, 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 -