• Kyodo News


Convenience store chain FamilyMart Co. and its top shareholder, Itochu Corp., are in the final stages of negotiations over acquiring smaller rival am/pm Japan Co., sources said Thursday.

The deal would give No. 3 FamilyMart and No. 7 am/pm Japan a combined 8,700 stores in Japan, compared with about 9,700 for second-ranked Lawson Inc. Industry leader Seven-Eleven Japan Co. has nearly 12,500 outlets.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.