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April 28, 2025
 

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ELEVEN

Alimentation Couche-Tard’s takeover bid for Seven & I already faces a potential funding problem, but the yen's recent rise puts another hurdle.
BUSINESS / Companies
Sep 5, 2024
Strong yen adds to challenge for Couche-Tard’s Seven & I bid
The buyout already faces questions in terms of potential funding and the target’s efforts to seek government protection.
Alimentation Couche-Tard’s bid to acquire Japan’s Seven & I Holdings has sparked discussions about Japan’s approach to foreign investment and whether rejecting or accepting the bid reflects an openness to international business.
COMMENTARY / Japan
Sep 4, 2024
7-Eleven deserves more than shareholder supremacy
While Japan should consider investor interests, it should not forsake the broader social and community benefits that its businesses provide.
Seven & I is currently categorized on the Finance Ministry's classification list as a company that conducts "designated," but not "core" businesses.
BUSINESS / Companies
Sep 3, 2024
Japanese companies cannot use national security cover to block takeovers, official says
Japanese companies cannot use a national security designation as a tool to thwart foreign takeovers, a senior Finance Ministry official said.
U.S.-based asset manager Artisan Partners asked Seven & I, operator of 7-Eleven stores, to brief shareholders on the status of takeover negotiations with Alimentation Couche-Tard by Sept. 19.
BUSINESS / Companies
Sep 1, 2024
Seven & I shareholder pushes for negotiations with Couche-Tard
U.S.-based asset manager Artisan Partners asked Seven & I to brief shareholders on the status of takeover negotiations by Sept. 19.
A Couche-Tard convenience store in Montreal. Canadian retailer Alimentation Couche-Tard has made a preliminary non-binding proposal to buy 7-Eleven owner Seven & I Holdings.
BUSINESS / Companies
Aug 27, 2024
Couche-Tard might finance Seven & I takeover with debt
A leveraged acquisition would be feasible because of the Japanese company's strong cash flow, people familiar with the Canadian retailer’s thinking said.
A Canadian retailer's bid to buy the operator of 7-Eleven convenience stores follows the introduction last year of government guidelines on mergers and acquisitions instructing companies to seriously consider takeover offers.
BUSINESS / Companies / ANALYSIS
Aug 27, 2024
Seven & I takeover proposal tests Japan’s evolving investor-friendly stance
The proposed purchase of the convenience store operator follows government guidelines instructing companies to seriously consider takeover offers.
Seven & I Holding’s logo is seen at a 7-Eleven convenience store in Tokyo on Aug. 19. Apart from 7-Eleven, Seven & I also owns, has stakes in or operates a number of other iconic properties, including Denny’s, Tower Records and Ito-Yokado.
BUSINESS / Companies
Aug 22, 2024
Japan warms to audacious Canadian bid for 7-Eleven operator
The deal might just work if Alimentation Couche-Tard lets the convenience store chain get on with business and continue to develop and expand globally.
The 7-Eleven convenience store chain, a deeply ingrained part of modern Japanese life, faces a potential takeover by Canadian company Alimentation Couche-Tard.
COMMENTARY
Aug 21, 2024
A 7-Eleven buyout would stretch Japan’s appetite for M&A
The country’s convenience stores have become essential to daily life. That has many fearing the prospect of a foreign takeover.
Alimentation Couche-Tard’s proposed acquisition of Seven & I Holdings, if successful, would be an extremely rare case of a foreign company's buyout of a major Japanese firm.
BUSINESS / Companies
Aug 20, 2024
Seven & I buyout would be a watershed moment for Japan takeovers
Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely.
Seven Eleven officials receives a Guinness World Records' certificate for its product as the most sold freshly made curry bread in volume in 2023 during a ceremony in Saitama Prefecture on Thursday.
BUSINESS / Companies
Aug 1, 2024
7-Eleven's curry bread certified by Guinness World Records
The ¥160 bread, fried in store, logged 76,987,667 pieces sold.
Japan's first 7-Eleven convenience store (above) in Tokyo's Toyosu district on May 15, 1974, and the same store on Wednesday
BUSINESS / Companies
May 17, 2024
7-Eleven convenience store chain marks 50 years in Japan
Today, of the about 57,000 convenience stores in the country overall, more than 21,000 are from the 7-Eleven chain.
Speculation has been swirling for months over the fate of Ito-Yokado, which was Seven & I's original retail franchise before it bought 7-Eleven and turned it into a large, successful business.
BUSINESS / Companies
Apr 10, 2024
Seven & I set to split 7-Eleven from original Ito-Yokado stores
Ito-Yokado was the company’s original franchise before it bought 7-Eleven and turned it into a successful business.
On display at the new 7-Eleven store in Matsudo, Chiba Prefecture, are about 2,000 additional products that aren’t usually carried in 7-Elevens, including fresh fruit, diapers and hair-care products.
BUSINESS / Companies
Feb 29, 2024
Seven & I Holdings explores market for bigger 7-Elevens
Its new store in Chiba Prefecture will have more than twice the number of products and is almost double the size of regular outlets.
BUSINESS / Companies
Feb 10, 2024
Struggling unit of 7-Eleven's parent company to exit central and northern Japan
The Seven & I Holdings unit will close five of its 17 stores in the regions and hand over 11 to other supermarket operators.
Seven & I Holdings CEO Ryuichi Isaka
BUSINESS / Companies
Feb 7, 2024
Japan’s convenience stores can span the globe, 7-Eleven CEO says
Ryuichi Isaka believes Seven-Eleven Japan’s know-how in making cheap, high-quality food will drive growth overseas.
Japan Times
BUSINESS
May 5, 2023
7-Eleven spinoff would jeopardize growth, CEO says, pushing back at ValueAct
Ryuichi Isaka said 7-Eleven is reliant on staff and know-how from Seven & I's supermarket businesses in developing products for its Seven Premium private brand.
Japan Times
BUSINESS
May 3, 2023
Seven & I says strategy will work in latest missive to ValueAct
Debate between Seven & I and activist fund ValueAct Capital Management is likely to continue through May 25, when Seven & I is scheduled to hold its annual general meeting.
Japan Times
BUSINESS
Apr 7, 2023
Seven-Eleven’s owner says new committee to review spinoffs and IPOs
The committee of outside board members will recommend changes and execute them, the eight independent directors said in a statement.
Japan Times
MORE SPORTS
Sep 27, 2022
Sports streamer DAZN agrees to buy rival Eleven
The deal will consolidate the streaming market in a number of countries as DAZN looks to further its offerings in Europe and expand into Taiwan and other Asian territories.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
Japan to resist Trump efforts to form trade bloc against China
As Japan gears up for the trade talks, Prime Minister Shigeru Ishiba is also seeking to cushion the blow that the U.S. tariffs may have on the domestic economy.
As many as nine dead after driver plows into Vancouver festival crowd
An ambulance is parked at the site of the Lapu Lapu day festival, where a vehicle drove into a crowd killing several people in Vancouver on Saturday.
Japan’s legal system struggles to deal with AI-made child sexual abuse images
AI-generated content — including those made using pictures of real people, which are known as “deepfakes” — is not explicitly covered under Japan's current legal framework, nor are human-drawn illustrations that depict child abuse.
How to bring up bad news in Japanese
As in other cultures, when someone shares bad news in Japanese it’s best to respond with supportive words.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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