Postponement of announcement of Seven & i Medium-Term Business Plan New Coronavirus April 2 16:53

Seven & i Holdings, a major distribution company, has decided to postpone the announcement of its five-year medium-term business plan, which was scheduled for next week, as it was difficult to see the future business environment due to the spread of the new coronavirus. Was.

Seven & i has decided to announce the Group's medium-term management plan for the five-year period from FY2020 on the 9th of this month in line with the announcement of the financial results for the February period.

However, according to stakeholders, the company has decided to postpone the announcement of its medium-term business plan, which had been determined to have made it difficult to see the future business environment as the spread of infection continued.

In this plan, the focus will be on how to show the strategy for rebuilding the general supermarket "Ito-Yokado", in addition to the department store "Sogo / Seibu", which has already closed five stores in Japan. I was

Seven & i intends to consider the contents of the medium-term management plan and the timing of its announcement in light of the effects of the spread of infection, and the spread of infection is affecting the medium-term management plan of companies.