Tag - holdings

 
 

HOLDINGS

BUSINESS / Companies
Aug 28, 2023
Sogo & Seibu labor union plans strike over possible sale
If the strike goes ahead on Thursday, it would be the first in Japan’s department store industry in about 60 years.
Warabeya Nichiyo Holdings has apologized after a video went viral that showed one of its rice ball products appearing to contain a cockroach at a Seven Eleven convenience store.
BUSINESS
Aug 7, 2023
Cockroach contamination sends rice-ball supplier’s stock reeling
The company said it is recalling all relevant goods from the factory in Omiya where the food was produced.
Pedestrians outside a Seibu department store in Tokyo's Ikebukuro district in April
BUSINESS / Companies
Jul 31, 2023
Seven & I struggles to sell slumping Sogo & Seibu department stores
The holdup is centered around the flagship Seibu department store in Tokyo's Ikebukuro district, with the local government expressing rare opposition.
Japan Times
BUSINESS / Companies
Jul 13, 2023
Sapporo Holdings to shutter century-old San Francisco brewer Anchor Brewing
Sapporo bought the maker of Anchor Steam beer to gain a foothold in the U.S. craft-beer market and make up for declining domestic consumption but has failed to turn its fortunes around.
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
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.
BUSINESS / Companies
Feb 3, 2023
Z Holdings to merge with Line and Yahoo Japan by March 2024
The SoftBank-backed company is looking to streamline its operations in a bid to position itself as a world-leading AI company.
JAPAN / Crime & Legal
Feb 1, 2023
Prison term sought for ex-Aoki head over Tokyo Games bribery
The prosecution also demanded shorter prison terms for the firm's former vice chairman and for the retailer's former senior managing director.
JAPAN / Crime & Legal
Dec 22, 2022
Aoki Holdings founder pleads guilty to bribery related to Tokyo Games
Thursday's court hearing was the first related to a series of scandals involving the Tokyo Olympics.
Japan Times
BUSINESS / Companies / Regional Voices: Tohoku
Nov 28, 2022
10 years in making, Tohoku regional banks taking on new challenges
Human resource development and smartphone apps are among the initiatives being adopted by financial institutions in the region.
BUSINESS / Companies
Nov 9, 2022
Fortress close to buying Japan’s Sogo & Seibu for over $1.4 billion
Discussions are in their final stage and an announcement could come as soon as Thursday, sources have said.
JAPAN / Crime & Legal
Sep 18, 2022
Ex-Tokyo Games executive suspected of giving favors to ad agency ADK
Haruyuki Takahashi has been arrested on suspicion of taking bribes from companies including Aoki Holdings Inc. over Tokyo Games sponsorship contracts.

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