Seven & I Holdings

Seven & I Holdings Co., Ltd.
株式会社セブン&アイ・ホールディングス
Company type	Public
Traded as	TYO: 3382
Industry	Retailing
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)
Number of employees	52,692 (2012)
Subsidiaries	Seven-Eleven Japan Co., Ltd.; 7-Eleven, Inc.; Seven-Eleven (Hawaii), Inc.; Seven-Eleven (Beijing) Co., Ltd.; Ito Yokado Co., Ltd.; Sogo & Seibu Co., Ltd.; Seven Bank, Ltd.
Website	www.7andi.com

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 diversified retail group headquartered in Nibancho, Chiyoda, Tokyo, Japan.^[1] Founded originally in 1920 as Ito-Yokado, Seven & I is now the fifth largest retailer in the world^[2], with 35,000 stores in approximately 100 countries.

History

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.^{[citation needed]}

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.

On August 11, 2006, Seven & I purchased Lombard, Illinois-based White Hen.^{[citation needed]}

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.^{[citation needed]}