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April 19, 2024
 

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ITO YOKADO CO

Japan Times
BUSINESS / Companies
May 25, 2023
Seven & I management wins showdown with U.S. fund over 7-Eleven strategy
ValueAct Capital, an activist hedge fund and major shareholder of Seven & I, was seeking to replace several directors including current President Ryuichi Isaka with their own candidates.
Japan Times
BUSINESS / Companies / FOCUS
May 24, 2023
Seven & I and activist fund ValueAct set for a showdown at shareholders meeting
Despite making a steady recovery from the impacts of the COVID-19 pandemic, Seven & I Holdings is facing pressure from a foreign shareholder that claims the firm is wasting its potential.
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
Mar 9, 2023
Seven & I Holdings to cut over 20% of Ito-Yokado stores and exit apparel business
Ito-Yokado will close 33 unprofitable or low-profit margin outlets in Japan by the end of February 2026.
Japan Times
BUSINESS
Jan 9, 2020
Japan supermarkets woo customers with cheaper U.S. foods after trade deal
With the Japan-U.S. trade agreement going into force on Jan. 1, major Japanese supermarkets have started slashing prices on U.S. products affected by the tariff cuts in a bid to attract customers.
Japan Times
JAPAN
Mar 30, 2018
Major retailer Ito-Yokado to ban tenants from selling ivory items
Major Japanese retailer Ito-Yokado Co. has asked tenants at its shopping malls to stop selling ivory products, joining a growing list of Japanese companies that have banned such sales amid international efforts to stamp out African elephant poaching.
Japan Times
BUSINESS / Companies
Mar 22, 2018
Seven & I welcomes 1,071 new employees
Retail giant Seven & I Holdings Co. welcomed 1,071 new recruits at a ceremony Thursday for those entering its 21 units including Seven-Eleven Japan Co. and department store chain Sogo & Seibu Co.
Japan Times
JAPAN
Oct 1, 2017
Seven & I begins donating leftover food to Tokyo's needy
Seven & i Holdings Co. has started donating unexpired food leftover at its Ito-Yokado supermarkets in Tokyo to needy families.
BUSINESS / Companies
Oct 31, 2015
Loeb's Third Point takes stake in Seven & i Holdings
Activist investor Daniel Loeb's Third Point LLC said it acquired a stake in Japan's second-largest grocery and retail group Seven & i Holdings Co. and proposed a spinoff of its supermarket unit.
BUSINESS / Companies
Sep 18, 2015
Seven & I to close 40 Ito-Yokado supermarket stores
Seven & I Holdings announces that Ito-Yokado Co. will close about 20 percent of its stores as the trend toward specialty stores erodes profits.
BUSINESS
Oct 29, 2014
Seven & I to challenge online retailers with same-day delivery
Retail giant Seven & I Holdings Co. next year will start providing same-day delivery of products sold online by its group stores, a source close to the matter said Wednesday.
BUSINESS / Companies
Apr 3, 2014
Seven & I shatters operating profit record as convenience stores thrive
Seven & I Holdings Co. said Thursday it logged a record consolidated operating profit of ¥339.6 billion for the business year through February, thanks mainly to the strong performance of its convenience stores, which gave the group a 14.9 percent boost.
Japan Times
BUSINESS
Jul 17, 2013
Ito-Yokado begins six-day veggie sale
Supermarket chain Ito-Yokado Co. began a nationwide six-day bargain sale of vegetables Wednesday amid rising prices stemming from tight supply due to unfavorable weather.
Japan Times
BUSINESS / Japan Pulse
May 25, 2010
Clothing retailers want you to stay cool, stay fresh
Cool biz: a great opportunity for retailers to push clothing lines with coolness built in.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
Why hasn't Japan moved to prop up the weak yen?
Finance Minister Shunichi Suzuki speaks to reporters in Tokyo on Tuesday.
Snake on a train: Discovery of serpent delays Tokyo-Nagoya shinkansen
A Tokaido shinkansen. It is unclear whether the snake was venomous or how it ended up on the train, and there was no injury or panic among passengers.
Sex differences could be key to the successful treatment of long COVID
A new study has found that women with long COVID had significantly lower levels of testosterone compared to those who had recovered from their infection.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

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