Search - i

 
Menu
Search
 
April 04, 2025
 

Today's print edition

Home Delivery
Subscribe for more access
10,325 results
Sort by: Relevance Newest Oldest
After adjusting your search parameters, press Enter on your keyboard or click on the red magnifying glass to run your query again.
Pedestrians outside a Seibu department store in Tokyo's Ikebukuro district in April
BUSINESS / Companies
Jul 31, 2023

Seven & I struggles to sell slumping Sogo & Seibu department stores

The holdup is centered around the flagship Seibu department store in Tokyo's Ikebukuro district, with the local government expressing rare opposition.
Speculation has been swirling for months over the fate of Ito-Yokado, which was Seven & I's original retail franchise before it bought 7-Eleven and turned it into a large, successful business.
BUSINESS / Companies
Apr 10, 2024

Seven & I set to split 7-Eleven from original Ito-Yokado stores

Ito-Yokado was the company’s original franchise before it bought 7-Eleven and turned it into a successful business.
Alimentation Couche-Tard’s proposed acquisition of Seven & I Holdings, if successful, would be an extremely rare case of a foreign company's buyout of a major Japanese firm.
BUSINESS / Companies
Aug 20, 2024

Seven & I buyout would be a watershed moment for Japan takeovers

Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely.
Seven & I Holdings, operator of the 7-Eleven convenience store chain, said on Friday it has rejected Alimentation Couche-Tard's takeover bid as not being in the interest of shareholders.
BUSINESS / Companies
Sep 6, 2024

Seven & I pans value of offer as it rejects Canadian takeover bid

Seven & I said that Alimentation Couche-Tard had “grossly” undervalued the target company and that the takeover attempt was timed “opportunistically.”
Circle K owner Alimentation Couche-Tard’s initial $14.86-a-share proposal, seen as cheap at only 20% above Seven & I’s share price, may fail without a higher bid.
COMMENTARY / Japan
Sep 19, 2024

How 7-Eleven can get a big price from Circle K

Alimentation Couche-Tard’s initial $14.86-a-share proposal, seen as cheap at only 20% above Seven & I’s share price, is unlikely to succeed without a higher bid.
An Ito-Yokado supermarket in Tokyo. Selling down some of its stake in the supermarket business would allow Seven & I to bring in a partner that could accelerate an overhaul of the unit.
BUSINESS
Oct 4, 2024

Seven & I considering supermarket stake sale ahead of IPO, sources say

The supermarket business includes the Ito-Yokado chain, one of Japan's best-known grocery store businesses.
Seven & I had been under pressure from activists and other investors for years to narrow its focus on its crown jewel: 7-Eleven and other convenience stores.
BUSINESS / Companies
Oct 10, 2024

Seven & I to embrace 7-Eleven name as it sheds noncore businesses

The plans accelerate restructuring efforts in the face of an unsolicited ¥7 trillion takeover proposal from Alimentation Couche-Tard.
Seven & I Holdings essentially unveiled a plan to split in two.
BUSINESS / Companies
Oct 11, 2024

Seven & I to split in two to fend off Couche-Tard takeover bid

The big question is if the move will be enough to win over any investors warming to Couche-Tard’s approach.
Seven & I Holdings on Wednesday said that it has received a nonbinding offer for the company from Junro Ito, a vice president and representative director of the company, and Ito Kogyo, a company connected to him.
BUSINESS / Companies
Nov 13, 2024

Seven & I considers massive management buyout offer

The offer brings together a member of the company’s founding family, a giant trading company and some of Japan’s largest banks.
Akutagawa Prize winners (from left) Jose Ando, author of "Dtopia" and Yui Suzuki, author of "Goethe wa Subete o Itta," and Naoki Prize winner Shin Iyohara, author of "Ai o Tsugu Umi."
CULTURE / Books
Jan 15, 2025

Japan's most prestigious literary awards go to a trio of contemporary voices

Jose Ando and Yui Suzuki take home Akutagawa honors, while Shin Iyohara nabs the Naoki Prize.
Itochu dropping its Seven & I Holdings buyout plan would place Alimentation Couche-Tard’s offer back in the limelight.
BUSINESS / Companies
Feb 27, 2025

Itochu drops Seven & I buyout, putting Couche-Tard back in limelight

An individual with an understanding of the deal said Itochu and Seven & I lacked synergy to justify the deal.
The Seven & I takeover saga is being closely watched as a test case of Japan’s openness to foreign capital, after recent governance reforms banned corporations from ignoring overtures that may raise value for shareholders.
BUSINESS / Companies
Mar 4, 2025

Seven & I shares fall amid report it may reject buyout offer

The company said it is still having constructive discussions with Couche-Tard after a report said it would reject the offer.
Couche-Tard has made clear that it wants to learn from Seven & I Holdings to improve its North America operation, and has ruled out going hostile in takeover talks.
BUSINESS / Companies
Mar 7, 2025

Couche-Tard holds talks for sale of U.S. shops in Seven & I deal

The retailer last year proposed to purchase Seven & I Holdings for $18.19 per share, but so far hasn’t been able to enter negotiations with the firm.
Seven & I Holdings says it has agreed to jointly explore store sell-offs with Alimentation Couche-Tard to address antitrust concerns ahead of a potential merger.
BUSINESS / Companies
Mar 10, 2025

Shareholder pushes Seven & I to engage with Couche-Tard

The operator of 7-Eleven stores says that it is doing so, and has rebuffed Artisan Partners Asset Management’s assertions of conflicts of interest within the board.
Alimentation Couche-Tard founder and executive chairman Alain Bouchard (left) and President Alex Miller hold a news conference in Tokyo on Thursday.
BUSINESS / Companies
Mar 13, 2025

Alimentation Couche-Tard ramps up campaign to take over Seven & I

The Canadian convenience store giant and owner of Circle-K has sought to combat skepticism surrounding the deal, most recently with a news conference in Tokyo.
Alimentation Couche-Tard founder Alain Bouchard (center), CEO Alex Miller (left) and CFO Filipe Da Silva attend a photo session after a news conference on their bid for Seven & I Holdings in Tokyo on Thursday.
BUSINESS / Companies / EXPLAINER
Mar 17, 2025

Why Couche-Tard's deal with Seven & I isn't going anywhere

The buyout bid has seen a mixed response in Japan, with some expressing concerns over the convenience store chain being taken over by a foreign company.
Alain Bouchard (left), chairman and founder of Alimentation Couche-Tard, speaks during a news conference in Tokyo on March 13.
BUSINESS / Companies
Mar 19, 2025

Couche-Tard meets privately with Seven & I investors, pressing case for takeover

The Canadian firm has sought to reassure the public and key stakeholders that it's not considering a hostile takeover, despite a monthslong standoff with Seven & I.
BUSINESS
Aug 2, 2023

Seven & I replaces Sogo & Seibu president to pave way for sale

The planned sale has been delayed twice due to local opposition to a plan to open a Yodobashi outlet in Seibu's flagship store in Ikebukuro, Tokyo.
On display at the new 7-Eleven store in Matsudo, Chiba Prefecture, are about 2,000 additional products that aren’t usually carried in 7-Elevens, including fresh fruit, diapers and hair-care products.
BUSINESS / Companies
Feb 29, 2024

Seven & I Holdings explores market for bigger 7-Elevens

Its new store in Chiba Prefecture will have more than twice the number of products and is almost double the size of regular outlets.
Masaki Takahashi, Takashi Yamazaki, Kiyoko Shibuya and Tatsuji Nojima celebrated winning the Oscar for best visual effects on the Dolby Theatre stage in Los Angeles, California, on Sunday.
CULTURE / Film
Mar 11, 2024

Oscars 2024: A night to remember for Japanese cinema

Filmmaking peers in Hollywood honor the excellence of two Japanese titans: Studio Ghibli and Godzilla
A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
BUSINESS / Companies
Aug 19, 2024

Couche-Tard bids for $31 billion Japanese retailer Seven & I

If realized, Canadian convenience-store operator Alimentation Couche-Tard's move would be the largest-ever foreign takeover of a Japanese company.
The 225-issue Nikkei average ended in negative territory Monday for the first time in six sessions.
BUSINESS / Markets
Aug 19, 2024

Nikkei falls on yen's gain, while Seven & I surges

The Nikkei index closed 1.77% lower at 37,388.62, snapping a five-day winning run that pushed up the index 8.7% last week.
A Canadian retailer's bid to buy the operator of 7-Eleven convenience stores follows the introduction last year of government guidelines on mergers and acquisitions instructing companies to seriously consider takeover offers.
BUSINESS / Companies / ANALYSIS
Aug 27, 2024

Seven & I takeover proposal tests Japan’s evolving investor-friendly stance

The proposed purchase of the convenience store operator follows government guidelines instructing companies to seriously consider takeover offers.
A Couche-Tard convenience store in Montreal. Canadian retailer Alimentation Couche-Tard has made a preliminary non-binding proposal to buy 7-Eleven owner Seven & I Holdings.
BUSINESS / Companies
Aug 27, 2024

Couche-Tard might finance Seven & I takeover with debt

A leveraged acquisition would be feasible because of the Japanese company's strong cash flow, people familiar with the Canadian retailer’s thinking said.
A 7-Eleven convenience store, operated by Seven & i Holdings Co., at the company's headquarters in Tokyo
BUSINESS / Companies
Aug 31, 2024

Couche-Tard seeks pension fund backing for Seven & I bid

The retailer is reaching out to some of Canada’s largest pension funds to gauge their interest in providing equity, sources said.
U.S.-based asset manager Artisan Partners asked Seven & I, operator of 7-Eleven stores, to brief shareholders on the status of takeover negotiations with Alimentation Couche-Tard by Sept. 19.
BUSINESS / Companies
Sep 1, 2024

Seven & I shareholder pushes for negotiations with Couche-Tard

U.S.-based asset manager Artisan Partners asked Seven & I to brief shareholders on the status of takeover negotiations by Sept. 19.
Alimentation Couche-Tard’s takeover bid for Seven & I already faces a potential funding problem, but the yen's recent rise puts another hurdle.
BUSINESS / Companies
Sep 5, 2024

Strong yen adds to challenge for Couche-Tard’s Seven & I bid

The buyout already faces questions in terms of potential funding and the target’s efforts to seek government protection.
Alimentation Couche-Tard said it is willing to engage in confidential discussions with 7-Eleven operator Seven & I Holdings and is keen on still pursuing an acquisition.
BUSINESS / Companies
Sep 9, 2024

Couche-Tard pushes for Seven & I deal talks after rejection

A potential deal would create a global convenience store behemoth with more than 100,000 stores.
J-pop superstar Hikaru Utada wore a resplendent rainbow dress while performing songs from their more recent albums “Hatsukoi” and “Bad Mode” during the second section of the Science Fiction tour.
CULTURE / Music
Sep 11, 2024

Hikaru Utada celebrates 25 years of hits with a sold-out finale

The J-pop superstar wrapped up their nostalgia-laden 18-show tour in front of 18,000 people at Yokohama’s K-Arena.
Suntory Holdings CEO Takeshi Niinami speaks during a Reuters Newsmaker event in Tokyo on Wednesday.
BUSINESS / Companies
Sep 12, 2024

Seven & I takeover bid shows a shift in government, Suntory CEO says

The takeover bid has also left many CEOs in Japan nervous that their companies could be next.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
U.S. tourist arrested after bringing a handgun into Japan
Hyogo police believe the handgun a U.S. tourist inadvertently brought into Japan slipped through security procedures at Kansai International Airport in Osaka Prefecture.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan’s leader didn’t read the job description
Prime Minister and ruling Liberal Democratic Party leader Shigeru Ishiba is facing a political funding scandal that has damaged his reputation and sparked speculation that internal efforts to remove him are underway.
Nintendo to launch the Switch 2 on June 5
The controllers for the Switch 2 will attach to the console magnetically rather than sliding on rails as with the original device.
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

SUSTAINABLE JAPAN

BOARDING & INTERNATIONAL SCHOOL DAY 2025 (Sunday, April 20)
BOARDING & INTERNATIONAL SCHOOL DAY 2025 (Sunday, April 20)

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER