Seven&i Holdings Outlook Revised To Stable From Negative On Faster Debt Reduction; 'A' Rating Affirmed - S&P Global Ratings’ Credit Research

Seven&i Holdings Outlook Revised To Stable From Negative On Faster Debt Reduction; 'A' Rating Affirmed

Seven&i Holdings Outlook Revised To Stable From Negative On Faster Debt Reduction; 'A' Rating Affirmed - S&P Global Ratings’ Credit Research
Seven&i Holdings Outlook Revised To Stable From Negative On Faster Debt Reduction; 'A' Rating Affirmed
Published Jan 31, 2023
5 pages (2191 words) — Published Jan 31, 2023
Price US$ 150.00  |  Buy this Report Now

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Abstract:

We expect steady earnings growth to continue at Seven&i Holdings' mainstay convenience store businesses both in U.S. and Japan over the next one to two years. We believe Seven&i Holdings' conservative financial discipline is likely to speed a recovery in key financial ratios, weakened by a large acquisition in 2021, faster than previously assumed. We revised to stable from negative the outlook on our 'A' long-term issuer credit ratings on Seven&i Holdings, Seven-Eleven Japan Co. Ltd., and 7-Eleven Inc., and we affirmed the ratings. TOKYO (S&P Global Ratings) Jan. 31, 2023--S&P Global Ratings today said it has revised to stable from negative the outlook on its 'A' long-term issuer credit ratings on Seven&

  
Brief Excerpt:

...January 31, 2023 - We expect steady earnings growth to continue at Seven & i Holdings' mainstay convenience store businesses both in U.S. and Japan over the next one to two years. - We believe Seven & i Holdings' conservative financial discipline is likely to speed a recovery in key financial ratios, weakened by a large acquisition in 2021, faster than previously assumed. - We revised to stable from negative the outlook on our 'A' long-term issuer credit ratings on Seven & i Holdings, Seven-Eleven Japan Co. Ltd., and 7-Eleven Inc., and we affirmed the ratings. TOKYO (S&P Global Ratings) Jan. 31, 2023--S&P Global Ratings today said it has revised to stable from negative the outlook on its 'A' long-term issuer credit ratings on Seven & i Holdings Co. Ltd. and its subsidiaries Seven-Eleven Japan Co. Ltd. and U.S.-based 7-Eleven Inc. We also affirmed our credit ratings on the companies and their debt (see list below). We based the outlook revision on our view that Seven & i Holdings' earnings...

  
Report Type:

Ratings Action

Ticker
3382@JP
Issuer
Seven&i Holdings Co. Ltd.
GICS
Food Retail (30101030)
Sector
Global Issuers, Structured Finance
Country
Japan
Region
Asia
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Seven&i Holdings Outlook Revised To Stable From Negative On Faster Debt Reduction; 'A' Rating Affirmed" Jan 31, 2023. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Seven-i-Holdings-Outlook-Revised-To-Stable-From-Negative-On-Faster-Debt-Reduction-A-Rating-Affirmed-2942884>
  
APA:
S&P Global Ratings’ Credit Research. (). Seven&i Holdings Outlook Revised To Stable From Negative On Faster Debt Reduction; 'A' Rating Affirmed Jan 31, 2023. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Seven-i-Holdings-Outlook-Revised-To-Stable-From-Negative-On-Faster-Debt-Reduction-A-Rating-Affirmed-2942884>
  
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