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November 22, 2024
 

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SEVEN I HOLDINGS

Japan Times
BUSINESS
May 5, 2023
7-Eleven spinoff would jeopardize growth, CEO says, pushing back at ValueAct
Ryuichi Isaka said 7-Eleven is reliant on staff and know-how from Seven & I's supermarket businesses in developing products for its Seven Premium private brand.
Japan Times
BUSINESS
May 3, 2023
Seven & I says strategy will work in latest missive to ValueAct
Debate between Seven & I and activist fund ValueAct Capital Management is likely to continue through May 25, when Seven & I is scheduled to hold its annual general meeting.
Japan Times
BUSINESS
Apr 7, 2023
Seven-Eleven’s owner says new committee to review spinoffs and IPOs
The committee of outside board members will recommend changes and execute them, the eight independent directors said in a statement.
Japan Times
BUSINESS / Companies
Mar 13, 2023
Masatoshi Ito, founder of Japanese retailer Ito-Yokado, dies at 98
The company Ito founded was the predecessor to Seven & I Holdings, operator of more than 83,000 7-Elevens dotting the globe, with about a fourth of them in Japan.
Japan Times
BUSINESS / Companies
Nov 9, 2022
Fortress close to buying Japan’s Sogo & Seibu for over $1.4 billion
Discussions are in their final stage and an announcement could come as soon as Thursday, sources have said.
Japan Times
BUSINESS / Companies
Jul 3, 2022
Seven & I to negotiate sale of Sogo & Seibu to SoftBank-owned Fortress
In operating the stores, Fortress is considering cooperating with major Japanese electronics retailer Yodobashi Holdings.
Japan Times
BUSINESS / Companies
Jan 7, 2022
China fines Seven & I Holdings for calling Taiwan a nation on map
Fines of about 150,000 yuan (u00a52.7 million) were imposed by the Beijing local authority against Seven & I, a spokesman for the Japanese retailer said.
Japan Times
BUSINESS
May 1, 2021
A grudge match in Japan: One corner, two 7-Elevens
A fight playing out in Osaka will have ramifications for 7-Eleven and the rest of Japan's major franchises.
Japan Times
BUSINESS / Companies
Aug 5, 2020
Creditors at odds with shareholders over Seven & I's Speedway mega-deal
The bond market is raising questions about what the price tag would mean for the company's relatively strong credit ratings.
Japan Times
BUSINESS / Companies / FOCUS
Aug 4, 2020
Seven & I deal shows store sales make gas-stations appealing despite virus
'The disadvantage of not winning this bid would have been other competitors expanding their business,” said the president of the 7-Eleven Inc. U.S. operation.
Japan Times
BUSINESS / Companies
Aug 3, 2020
7-Eleven owner to buy Marathon’s Speedway gas stations for $21 billion
Seven & I shares fell as much as 8.4 percent in early trading, the biggest intraday decline since March.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Seven-Eleven Japan failed to pay at least ¥490 million in overtime over several decades
A long-running error in the Seven & I Holdings Co. unit's calculations for such workers led to the shortfall for payments to part-time staff, sources said.
BUSINESS / Companies
Sep 3, 2019
Three of Japan's top four department stores saw sales grow in August
Three of the nation's four major department store chains posted year-on-year growth in same-store sales in August, backed by brisk demand for such summer products as sandals and parasols following the end of the rainy season.
Japan Times
BUSINESS / Companies
Aug 1, 2019
Seven & I to scrap 7pay smartphone payment service in Japan after users hacked
The Tokyo-based retail giant and operator of 7-Eleven convenience stores said it will end the service on Sept. 30.
Japan Times
BUSINESS / Companies
Jul 31, 2019
Seven & I Holdings resets all 7pay passwords after ¥38.6 million hack
Seven & I Holdings Co. said Tuesday that it has reset passwords for all of the roughly 16.5 million registered 7pay IDs, which are needed to use its smartphone payment service, following a recent security breach of the service.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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