# G-7 HOLDINGS Inc.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第51期(2025/04/01－2026/03/31) (S100YI5T)
> Page: https://vizora.meequs.com/en/company/g-7-holdings
> Retrieved: 2026-09-30T23:08:30.944Z

## Company

G-7 Holdings, founded in 1976, is a company in Car Accessories listed on TSE Prime. It has 2,238 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | G-7 HOLDINGS Inc. |
| Ticker | 7508 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7508.T) |
| Listing | TSE Prime |
| Head office | 神戸市須磨区弥栄台2丁目1番地の3 |
| Representative (per filing) | 代表取締役 金田 達三 |
| Founded | Jun 1976 |
| Share capital | ¥1.79B |
| Employees (consolidated) | 2,238 |
| Average salary (parent only) | ¥5.9M |
| Fiscal year end | March |
| Website | www.g-7holdings.co.jp (https://www.g-7holdings.co.jp/) |
| Corporate number | 9140001017351 |
| EDINET | E03267 |
| Industries (Vizora) | Car Accessories, Meat Processing, Car Dealers & Used Cars, Supermarkets |

> Profile source: annual securities report (S100YI5T, filed 2026-06-25). As of filing

## Five-axis industry profile

Primary industry: Supermarkets (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 72.2 | 45 |
| Profitability | 58.2 | 49 |
| Cash conversion | 18.1 | 47 |
| Efficiency | 94.9 | 49 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 57% of G-7 Holdings's sales come from Business Supermarket Business, with AUTOBACS/Car related Business and Other making up much of the rest.
- Out of every ¥100 of sales, about ¥3 is left as operating profit.
- Revenue changed +8.4% from the prior year, operating profit +2.1%.

## Company structure

- Segment revenue mix: Business Supermarket Business 57.2%、AUTOBACS/Car related Business 21.4%、Other 11.0%、Meat Business 10.4%
- Revenue → net income: ¥232199000000 → ¥4767000000
- Net income → operating cash flow: ¥4767000000 → ¥7067000000（difference ¥2300000000）
- Main uses of operating cash flow: CapEx ¥4441000000 / dividends ¥1746000000 / buybacks ¥0
- Change in cash: ¥3924000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥232.2B |  |
| Operating income | ¥7.27B | Margin 3.1% |
| Net income | ¥4.77B | Margin 2.1% |
| Free cash flow | ¥2.63B |  |
| Largest business | Business Supermarket Business | of segment revenue 57.2% |
| Employees (consolidated) | 2,238 |  |
| EPS | ¥133.89 |  |
| Book value per share | ¥343.61 |  |
| Equity ratio | 43.6% |  |
| Shares outstanding | 44,071,000 |  |
| Treasury shares | 319,900 |  |
| Shareholders | 9,595 |  |
| Average salary (parent only) | ¥5.9M | Filing company only |
| Cash ratio | 25.4% | Cash ÷ revenue 8.9% |
| Vs. industry median margin | +0.3 pp | Supermarkets |
| ROE | 13.8% | Derived from disclosed figures |
| ROA | 6.3% | Derived from disclosed figures |

## Notable figures

- FY2026, cash is 25% of total assets

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥163556000000 | ¥232199000000 | +42.0% |
| Operating income | ¥7058000000 | ¥7270000000 | +3.0% |
| Operating margin | 4.3% | 3.1% | -1.2 pp |
| Employees | 1,962 people | 2,238 people | +14.1% |
| Cash and equivalents | ¥16254000000 | ¥20733000000 | +27.6% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| オートバックス・車関連事業 → 事業再編・廃止 | 22.2% |
| 業務スーパー事業 → 業務スーパー事業 | 50.7% |
| 精肉事業 → 精肉事業 | 10.4% |
| 精肉事業 → 事業再編・廃止 | 1.4% |
| その他 → その他 | 11.0% |
| その他 → 事業再編・廃止 | 4.2% |
| 新設・再編 → 車関連事業 | 21.4% |
| 新設・再編 → 業務スーパー事業 | 6.5% |

Segment revenue source references: 8 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Business Supermarket Business | 5 years | +9.9% | ¥132840000000 | 3.6% | 2 |
| AUTOBACS/Car related Business | 4 years | +7.6% | ¥49651000000 | 4.5% | 2 |
| Other | 5 years | +0.5% | ¥25615000000 | 1.1% | 2 |
| Meat Business | 5 years | +4.6% | ¥24091000000 | 1.1% | 2 |

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 232,199 | 100.0% | S100YI5T |
| Cost of revenue | 176,291 | 75.9% | S100YI5T |
| Gross profit | 55,907 | 24.1% | S100YI5T |
| SG&A | 48,637 | 20.9% | S100YI5T |
| Operating income | 7,270 | 3.1% | S100YI5T |
| Ordinary income | 7,727 | 3.3% | S100YI5T |
| Pretax income | 7,103 | 3.1% | S100YI5T |
| Income tax | 2,335 | 1.0% | S100YI5T |
| Net income | 4,767 | 2.1% | S100YI5T |
| Net income attributable to owners | 4,767 | 2.1% | S100YI5T |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 76 |
| SG&A | 21 |
| Operating income | 3 |
| (Ref.) Net income | 2 |

### Margin funnel

Gross margin 24.1% → Operating margin 3.1% → Net margin 2.1%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +8.4%; Core profit growth: +2.1%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): 0.25×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 214,129 | 232,199 | 18,070 | +8.4% |
| Gross profit | 51,939 | 55,907 | 3,968 | +7.6% |
| Operating income | 7,122 | 7,270 | 148 | +2.1% |
| Net income attributable to owners | 4,939 | 4,767 | -172 | -3.5% |
| Operating cash flow | 7,508 | 7,067 | -441 | -5.9% |
| Free cash flow | 3,720 | 2,626 | -1,094 | -29.4% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 132,642 | 5,783 | 4.4% | 3,523 | 5,057 | 3,249 | S100LV8A |
| FY ending Mar 2021 | 163,556 | 7,058 | 4.3% | 4,855 | 9,314 | 6,722 | S100OM4Y |
| FY ending Mar 2022 | 168,525 | 7,448 | 4.4% | 5,255 | 5,633 | 2,756 | S100R7WT |
| FY ending Mar 2023 | 176,922 | 6,504 | 3.7% | 3,824 | 3,959 | 1,295 | S100TT4K |
| FY ending Mar 2024 | 192,992 | 6,920 | 3.6% | 5,175 | 7,392 | 3,515 | S100W5I0 |
| FY ending Mar 2025 | 214,129 | 7,122 | 3.3% | 4,939 | 7,508 | 3,720 | S100YI5T |
| FY ending Mar 2026 | 232,199 | 7,270 | 3.1% | 4,767 | 7,067 | 2,626 | S100YI5T |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥103.8M |
| Operating income per employee (consolidated) | ¥3.2M |
| Net income per employee (consolidated) | ¥2.1M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 2,054 | 2,023 | 2,080 | 2,204 | 2,238 |
| Average salary (parent company) | ¥5M | ¥5.1M | ¥5.5M | ¥5.8M | ¥5.9M |
| Average age (parent company) | 52.9 years | 52.3 years | 52.3 years | 52.3 years | 52.3 years |
| Average tenure (parent company) | 8.3 years | 7.3 years | 6.9 years | 7.4 years | 7.4 years |

Year over year: Employees (consolidated) +1.5% · Revenue (consolidated) +8.4%

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| AUTOBACS/Car related Business | 49,651 | 21.4% | 2,256 | 4.5% |
| Business Supermarket Business | 132,840 | 57.2% | 4,745 | 3.6% |
| Meat Business | 24,091 | 10.4% | 267 | 1.1% |
| Other | 25,615 | 11.0% | 275 | 1.1% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share |
| --- | ---: |
| AUTOBACS/Car related Business | 21.4% |
| Business Supermarket Business | 57.2% |
| Meat Business | 10.4% |
| Other | 11.0% |

Segment → industry: AUTOBACS/Car related Business → Car Accessories / Meat Business → Meat Processing / AUTOBACS/Car related Business → Car Dealers & Used Cars / Business Supermarket Business → Supermarkets

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 7,067 | 3.0% | S100YI5T |
| Capital expenditure | 4,441 | 1.9% | S100YI5T |
| Free cash flow | 2,626 | 1.1% | 算出 |
| Investing cash flow | -7,317 | -3.2% | S100YI5T |
| Financing cash flow | 4,162 | 1.8% | S100YI5T |
| Dividends paid | 1,746 | 0.8% | S100YI5T |
| Share buyback | 0 | 0.0% | S100YI5T |
| Change in cash | 3,924 | 1.7% | S100YI5T |
| Cash and equivalents | 20,733 | 8.9% | S100YI5T |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 17,028 | 15,683 | 17,133 | 16,809 | 20,733 | S100TT4K, S100W5I0, S100YI5T |
| Total assets | 54,145 | 57,202 | 61,872 | 70,693 | 81,560 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Net assets | 24,747 | 26,757 | 29,973 | 32,574 | 35,524 | S100TT4K, S100W5I0, S100YI5T |
| Share capital | 1,785 | 1,785 | 1,785 | 1,791 | 1,791 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Property, plant and equipment | 15,737 | 17,924 | 19,263 | 21,681 | 23,386 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Intangible assets excluding goodwill | 731 | 292 | 390 | 4,967 | 6,329 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Goodwill | 437 | 16 | 62 | 4,617 | 5,860 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Investment securities | 417 | 465 | 151 | 123 | 363 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Current assets | 29,498 | 30,259 | 33,360 | 34,898 | 42,093 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Current liabilities | 23,313 | 21,829 | 22,296 | 27,387 | 29,682 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Short-term borrowings | 8,000 | 6,300 | 5,260 | 9,360 | 10,019 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Long-term borrowings | 1,300 | 3,000 | 3,910 | 4,650 | 10,290 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Total liabilities | 29,398 | 30,444 | 31,898 | 38,118 | 46,036 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Non-controlling interests | 152 | — | — | — | — | S100R7WT |
| Equity attributable to owners of parent | 25,106 | 27,135 | 30,576 | 32,964 | 36,053 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Retained earnings | 20,415 | 22,566 | 26,006 | 29,007 | 32,014 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |
| Treasury stock | 0 | 0 | 0 | -625 | -542 | S100R7WT, S100TT4K, S100W5I0, S100YI5T |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 25% | S100YI5T |
| Property, plant and equipment | 29% | S100YI5T |
| Intangibles and goodwill | 15% | S100YI5T |
| Investment securities | 0% | S100YI5T |
| Other assets | 31% | S100YI5T |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 56% | S100YI5T |
| Equity | 44% | S100YI5T |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 54,145 | 57,202 | 61,872 | 70,693 | 81,560 |
| Equity | 24,747 | 26,757 | 29,973 | 32,574 | 35,524 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 17,028 | 15,683 | 17,133 | 16,809 | 20,733 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 10.1% | S100YI5T |
| Fixed assets ÷ total assets | 28.7% | S100YI5T |
| Goodwill ÷ parent equity | 16.3% | S100YI5T |

Goodwill over 4 years: 437 → 5,860 JPY; total investing cash flow: -26,707 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 25.4% |
| Cash ÷ revenue | 8.9% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 97.2% |
| Cash vs. profit gap | 2,300 JPY mn (of net income 48.2%) |
| Shareholder returns / net income | 36.6% |
| Shareholder returns / FCF | 66.5% |
| Shareholder payments — dividends / net income | 36.6% |
| Shareholder payments — dividends / FCF | 66.5% |
| CapEx intensity (capex ÷ revenue) | 1.9% |
| Investing CF relative to operating CF | 103.5% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 3.1% | 3.11× | 9.7% | 2.16× | 20.9% | S100R7WT |
| 2023 | 2.2% | 3.18× | 6.9% | 2.13× | 14.6% | S100TT4K |
| 2024 | 2.7% | 3.24× | 8.7% | 2.06× | 17.9% | S100W5I0 |
| 2025 | 2.3% | 3.23× | 7.5% | 2.09× | 15.5% | S100YI5T |
| 2026 | 2.1% | 3.05× | 6.3% | 2.21× | 13.8% | S100YI5T |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 一般社団法人Ｋトラスト信託口 | Major shareholder | 27.1% | 2026-03-31 |
| 公益財団法人Ｇ‐７奨学財団 | Major shareholder | 16.7% | 2026-03-31 |
| 株式会社ＫＣＭ | Major shareholder | 7.2% | 2026-03-31 |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 6.5% | 2026-03-31 |
| 株式会社オートバックスセブン | Major shareholder | 5.0% | 2026-03-31 |
| BBH FOR FIDELITY LOW-PRICED STOCK FUND （常任代理人 株式会社三菱ＵＦＪ銀行） | Major shareholder | 3.3% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 2.6% | 2026-03-31 |
| 野村信託銀行株式会社（投信口） | Major shareholder | 2.0% | 2026-03-31 |
| 塚本 晃司 | Major shareholder | 1.0% | 2026-03-31 |
| STATE STREET BANK AND TRUST CLIENT OMNIBUS ACCOUNT OM０２ ５０５００２ （常任代理人 株式会社みずほ銀行） | Major shareholder | 0.9% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第51期(2025/04/01－2026/03/31) | S100YI5T | 2026-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YI5T,, |
| 有価証券報告書－第50期(2024/04/01－2025/03/31) | S100W5I0 | 2025-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W5I0,, |
| 有価証券報告書－第49期(2023/04/01－2024/03/31) | S100TT4K | 2024-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TT4K,, |
| 有価証券報告書－第48期(2022/04/01－2023/03/31) | S100R7WT | 2023-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R7WT,, |
| 有価証券報告書－第47期(令和3年4月1日－令和4年3月31日) | S100OM4Y | 2022-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OM4Y,, |
| 有価証券報告書－第46期(令和2年4月1日－令和3年3月31日) | S100LV8A | 2021-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LV8A,, |

## Key alliances (from the filing's material contracts)

| Partner | Type | Description | Source |
| --- | ---: | ---: | ---: |
| オートバックスセブン | Supply/OEM | オートバックスFC加盟店として商品供給を受け小売 | S100YI5T |
| 神戸物産 | Supply/OEM | 業務スーパーFC加盟店として商品仕入を受け小売 | S100YI5T |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).