Tag - holdings

 
 

HOLDINGS

Seven & I Holdings CEO Ryuichi Isaka is stepping down from his position, the Nikkei newspaper has reported.
BUSINESS / Companies
Mar 3, 2025
7-Eleven owner to appoint first foreign CEO, report says
The owner's plan to take the company private to avoid being taken over by Couche-Tard collapsed last week, piling pressure on it to reconsider the $47 billion takeover proposal.
The rapid collapse of the plan to take Seven & I private reflects how personal egos and domestic competitiveness ultimately outweighed the nationalistic desire to fend off Canada’s Alimentation Couche-Tard, whose pursuit of the Japanese retailer emerged last August.
BUSINESS / Companies
Mar 2, 2025
Seven & I and Nissan deal fallout leaves Japan companies vulnerable
The collapse of the deals means the companies are potentially even more vulnerable to foreign takeovers.
Itochu dropping its Seven & I Holdings buyout plan would place Alimentation Couche-Tard’s offer back in the limelight.
BUSINESS / Companies
Feb 27, 2025
Itochu drops Seven & I buyout, putting Couche-Tard back in limelight
An individual with an understanding of the deal said Itochu and Seven & I lacked synergy to justify the deal.
A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
BUSINESS / Companies
Feb 26, 2025
Seven & I buyout talks stall over management control
The founding Ito family and Itochu have yet to reach consensus on the composition of the board of the post-buyout entity, sources said.
Bain Capital is believed to have offered more than ¥700 billion for the corporate value of York Holdings, which owns supermarket chain Ito-Yokado and other units.
BUSINESS / Companies
Feb 24, 2025
Bain seen as preferred bidder for Seven & I supermarket business
Seven & I is expected to enter into final negotiations with Bain Capital on the investment ratio and other matters, sources said.
Sapporo beer
BUSINESS / Companies
Feb 18, 2025
Activist fund criticizes Sapporo after ‘acquisition failures’
The Singapore-based investment fund censured the management over "impairment losses on all of its overseas alcoholic beverage acquisitions.”
Minor Hotels and Royal Holdings executives explain their joint venture at a news conference last week in Tokyo.
BUSINESS / Companies
Feb 17, 2025
Thailand's Minor Hotels entering Japanese market with Royal Holdings JV
The 50-50 joint venture aims to have 21 hotels in Japan by 2035.
Fuji Media's headquarters in Tokyo's Minato Ward
BUSINESS / Companies
Feb 10, 2025
Fuji Media shares rise to 17-year high on Rheos’ 5% stake
Rheos, which manages a popular fund called Hifumi, holds 5.12% of Fuji Media shares after building its stake from Jan. 20 to Thursday.
Bulk food dispensers at a new 7-Eleven store in Matsudo, Chiba Prefecture. Opened a year ago, Seven & I Holdings conceived it as a prototype to test the synergies between the company’s retail supermarket chain and its more-successful convenience-store business.
BUSINESS / Companies / FOCUS
Feb 10, 2025
Blended 7-Eleven-and-supermarket concept proves a tough sell
It is unclear if higher customer numbers have been sustained, and Seven & I has no plans right now to open more such outlets.
The consortium proposing to take Seven & I Holdings private has tapped Citigroup and Bank of America for financing, adding to a growing group of players in the potentially record-breaking management buyout bid, people familiar with the matter said.
BUSINESS
Feb 7, 2025
Seven & I consortium to tap Bank of America and Citi for financing
The two U.S. banks’ role in the bid would be to refinance the debt of Seven & I’s U.S. unit.
The panel will discuss ways to help Fuji Television Network improve governance, compliance and financial performance, as the broadcaster has been under fire over its handling of the scandal.
JAPAN
Feb 6, 2025
Fuji Media eyes panel to rebuild TV network
The panel will discuss ways to help Fuji TV improve governance, compliance and financial performance in the wake of a scandal.
A surge in management buyouts has come amid increasing pressure from activist investors to improve corporate value, and the burden of maintaining a listing.
BUSINESS / Markets
Feb 5, 2025
Japan weighs tougher management buyout rules to protect minority shareholders
A surge in buyouts has come amid increasing pressure from activist investors to improve corporate value.
Hisashi Hieda, executive managing adviser at Fuji Media Holdings
JAPAN
Feb 4, 2025
U.S. fund seeks Fuji Media adviser Hisashi Hieda's resignation
U.S. investment firm Dalton Investments, a major shareholder in Fuji Media Holdings, harshly criticized Hieda in a letter, calling him a "dictator."
While Fuji Media Holdings is known for its iconic sphere-and-lattice headquarters in the Odaiba district near Tokyo Bay, it also owns office buildings, condominiums, hotels, nursing homes, logistic facilities, resorts and even two aquariums.
BUSINESS / Companies
Feb 4, 2025
Fuji Media’s crisis entices investors betting on changes
It may come as a surprise that Fuji Media’s shares have surged 45% this year, making it the best-performing stock on the benchmark Topix index.
KKR is discussing investing several hundred billion yen for an equity stake in the operator of 7-Eleven convenience stores.
BUSINESS / Companies
Jan 16, 2025
KKR considers joining Seven & I management buyout after Apollo
The U.S. firm is discussing investing several hundred billion yen for an equity stake in the operator of 7-Eleven convenience stores.
Lawson and FamilyMart enjoyed net profit increases in the March-November 2024 period, while Seven & I Holdings suffered a sharp deterioration in its bottom line, according to their latest earnings reports.
BUSINESS / Companies
Jan 16, 2025
Lawson and FamilyMart enjoy net profit growth in March-November
FamilyMart's net profit went up 62.4% to ¥80 billion because of special profit from a realignment of Chinese operations.
Apollo Global Management is discussing a commitment of as much as ¥1.5 trillion for an equity stake in a bid by Seven & I’s founding Ito family to take the convenience store operator private.
BUSINESS / Companies
Jan 10, 2025
Apollo weighs $9.5 billion stake in Seven & I management buyout
Under the current proposal, Apollo would join the Ito family and Itochu, the operator of FamilyMart in Japan, as key investors.
A government minister has said the acquisition of 7-Eleven by foreign capital is majorly related to economic security.
BUSINESS / Companies
Jan 10, 2025
Japan to consider 'economic security' in 7-Eleven takeover
Economic revitalization minister Ryosei Akazawa highlighted the role Japan's convenience stores can play in times of crisis, such as after major earthquakes.
Seven & I Holdings reported Thursday that its operating profit was ¥128.4 billion during the three months to the end of November, compared with ¥169 billion a year earlier.
BUSINESS / Companies
Jan 9, 2025
Seven & I profit drops despite recovery in convenience stores
Operating profit was ¥128.4 billion during the three months to the end of November, compared with ¥169 billion a year earlier.
Firms in Japan are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.
BUSINESS / Companies
Jan 9, 2025
Japan’s ¥36.4 trillion M&A boom expected to grow as activist investors circle
Firms are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami