Seven & I Holdings Co.
|Traded as||TYO: 3382|
|Founded||September 1, 2005(from merger)|
|Headquarters||8-8, Nibancho, Chiyoda, Tokyo, Japan|
|Key people||Toshifumi Suzuki, CEO
Noritoshi Murata, President
|Services||Department stores, Superstores, Supermarkets, Convenience stores, Restaurants, Financial services|
|Revenue||¥4.786 trillion (2012)|
|Operating income||¥292.06 billion (2012)|
|Net income||¥129.83 billion (2012)|
|Total assets||¥3.889 trillion (2012)|
|Total equity||¥1.860 trillion (2012)|
|Subsidiaries||Seven-Eleven Japan Co., Ltd.
Seven-Eleven (Hawaii), Inc.
Seven-Eleven (Beijing) Co., Ltd.
Ito Yokado Co., Ltd.
Sogo & Seibu Co., Ltd.
Seven Bank, Ltd.
Seven & I Holdings Co., Ltd. (株式会社セブン&アイ・ホールディングス Kabushiki-gaisha Sebun ando Ai Hōrudingusu , Seven-i (セブンアイ)) is a Japanese diversified retail group headquartered in Nibancho, Chiyoda, Tokyo, Japan. Founded originally in 1920 as Ito-Yokado, Seven & I is now the fifth largest retailer in the world, with 35,000 stores in approximately 100 countries.
Seven & I Holdings was established on September 1, 2005 as the parent company of the 7-Eleven Japan chain of convenience stores, the Ito-Yokado grocery and clothing stores, and the Denny's Japan family restaurants. In November 2005, it completed the purchase of US-based 7-Eleven Inc.
On December 26, 2005, the company announced its acquisition of Millennium Retailing holding company, parent of the Sogo and Seibu Department Stores chains. The acquisition makes Seven & I Holdings the largest distribution and retailing business in Japan.
In July 2007, the group announced the enlargement of their American chain 7-Eleven. They proposed an additional 1000 stores in a $2.4 billion plan that would see their US operation grow to over 7,000 stores. The target was set to achieve $10 billion in sales in the US by 2010.
On June 11, 2012, Seven & I, through its 7-Eleven, Inc. subsidiary, acquired 23 convenience stores in the US from Strasburger Enterprises, Inc.
On December 4, 2013, Seven and I purchased 44.99% ownership of Barneys Japan Co., Ltd. from "a fund operated by Tokio Marine Capital". Barneys Japan "has a network of 10 stores in Japan, including five outlet stores" and, "for the year ending February 2013, Barneys Japan posted sales of ¥19.52 billion." After this transaction, Sumitomo Corporation will continue to retain a majority stake of 50.01% in Barneys Japan Co., Ltd.
- "Office Map." Seven & i Holdings. Retrieved on January 13, 2009.
- “Planet Retail reveals latest retailer rankings”[dead link], Planet Retail, 28 July 2008. Archive copy at the Wayback Machine
- "7-Eleven Parent Company Buys White Hen Pantry". The New York Times Company. 11 August 2006. Retrieved 11.08.2012. Archived at WebCite
- "Seven & I Holdings : Notice Regarding the Acquisition of Stores from Strasburger Enterprises, Inc.". 4-Traders. 15.06.2012. Retrieved 29.08.2012. Archived at WebCite
- Kaiser, Amanda (December 4, 2013). "Seven & i Buys Stake in Barneys Japan". WWD. Retrieved 4 December 2013.
|Wikimedia Commons has media related to Seven & i Holdings.|
- Seven & I Holdings Annual Report 2011 PDF
- Seven & I Holdings Corporate Outline 2011 PDF
- (English) Seven & I Holdings Co., Ltd.
- Seven & I Major Subsidiaries and Affiliates
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