Japan's Seven& I Holdings to promote Isaka to president

Apr 15, 2016

Japan's Seven& I Holdings to promote Isaka to president

Seven & I Holdings Co. is poised to promote Ryuichi Isaka, head of its Seven-Eleven Japan Co. convenience store unit, to president of the holding company after activist investor Daniel Loeb intervened in an attempt to oust him, a person familiar with the matter ...

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. The New York-based company “continued to add to” its investment in Seven ...

Feb 16, 2015

Fanuc to invest ¥130 billion in new plant, lab expansion

Fanuc Corp. said Monday it will spend ¥130 billion to build a new plant and expand an existing research facility. The maker of industrial robots wants to boost its capacity to turn out products such as digital control machines, a component of machine tools. ...