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May 06, 2024
 

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SEVEN I HOLDINGS

Japan Times
BUSINESS / Companies
Jul 12, 2019
Japan's Seven Pay ordered to report on illegal access to mobile payment system
The Financial Services Agency has ordered Seven Pay Co. to report on cases of unauthorized access to 7pay, its hacked mobile payment service, sources said Friday.
Japan Times
BUSINESS / Companies
Jul 4, 2019
Users of 7-Eleven's mobile payment service lose total of ¥55 million after 900 accounts hacked
Tsuyoshi Kobayashi, president of Seven Pay Co., said the company will compensate users for the losses caused by fraudulent access.
Japan Times
BUSINESS / Companies
Jan 7, 2019
Seven Bank to use facial recognition to let people open accounts at ATMs across Japan
Seven Bank will equip its ATMs with facial recognition technology, possibly starting this fall, as a way to identify customers and let people open bank accounts on the spot, sources said Monday.
Japan Times
BUSINESS / Companies
Dec 2, 2018
Seven-Eleven Japan asks all Tokyo stores to get rid of ashtray receptacles
Leading convenience store chain Seven-Eleven Japan Co. has asked franchise outlets in Tokyo to remove ashtray receptacles from the store premises, it was learned Sunday.
Japan Times
BUSINESS / Companies / ANALYSIS
Jul 31, 2018
Walmart may be on the cusp of making its final checkout from the Japanese retail market
With speculation rife that Walmart Inc. is seeking to offload Seiyu, its Japanese subsidiary, the U.S. retail behemoth's possible failure may be interpreted as the result of this country's ultracompetitive retail market.
Japan Times
BUSINESS / Companies
Mar 22, 2018
Seven & I welcomes 1,071 new employees
Retail giant Seven & I Holdings Co. welcomed 1,071 new recruits at a ceremony Thursday for those entering its 21 units including Seven-Eleven Japan Co. and department store chain Sogo & Seibu Co.
Japan Times
BUSINESS / Companies
Oct 12, 2017
As domestic market contracts, Uniqlo and 7-Eleven looks to make profits overseas
Stagnant spending and soft wage growth in Japan are forcing two of Asia's biggest retailers — Fast Retailing Co. and Seven & i Holdings Co. — to court overseas consumers to drive long-term growth.
Japan Times
JAPAN
Oct 1, 2017
Seven & I begins donating leftover food to Tokyo's needy
Seven & i Holdings Co. has started donating unexpired food leftover at its Ito-Yokado supermarkets in Tokyo to needy families.
Japan Times
BUSINESS / Companies
Apr 6, 2017
Seven & I Holdings inks deal with Sunoco to expand U.S. market share
Seven & I Holdings Co., the world's largest convenience store operator, agreed to acquire Sunoco LP retail shops and gasoline businesses for $3.3 billion (about ¥365.9 billion) in a record deal for the Japanese company as it seeks to expand in the U.S.
BUSINESS
Oct 6, 2016
Seven & i, H2O agree on capital, business alliance
Seven & i Holdings Co. and H2O Retailing Corp. said Thursday they have agreed on a capital and business tie-up, with Seven & i selling some of its department stores to the operator of the Hankyu and Hanshin department stores.
Japan Times
BUSINESS / Companies
Sep 15, 2016
7-Eleven's new boss bides time on turnaround as stock falls
After his appointment in May, the president of 7-Eleven's floundering parent company promised to deliver a turnaround plan in about 100 days. Ryuichi Isaka is on day 112 and counting.
EDITORIALS
Jun 26, 2016
Corporate governance report card
Companies are making good progress in complying with the Tokyo Stock Exchange's corporate governance principles, but the proof will be in the pudding.
BUSINESS / Companies
Jun 3, 2016
7-Eleven to buy stores and gas stations in U.S. expansion
Seven & I Holdings Co., the world's largest convenience store operator, will buy 79 gas stations and convenience stores in California and Wyoming from CST Brands Inc. as it seeks to offset slowing demand at home. The purchase price was not disclosed.
Japan Times
BUSINESS / Companies
May 26, 2016
Seven & I shareholders approve Ryuichi Isaka as chief to lead growth
Seven & I Holdings Co. will focus on revamping the world's largest convenience store operator and boost value for shareholders, new President Ryuichi Isaka said after shareholders Thursday approved his appointment following weeks of boardroom drama.
Japan Times
BUSINESS / Companies / FOCUS
Apr 20, 2016
Loeb's pick to run 7-Eleven operator faces next task: boosting margins
The head of 7-Eleven convenience stores in Japan survived an attempt by his boss to remove him and emerged as president at Seven & I Holdings Co. His next hurdles: turn around weaker units and navigate a leadership transition at the country's largest retailer.
BUSINESS / Companies
Apr 19, 2016
Seven & I promotes subsidiary head Isaka as president
Seven & I Holdings Co. said Tuesday it will promote Ryuichi Isaka, head of its convenience store chain subsidiary Seven-Eleven Japan Co., to the position of president following a recent power struggle.
Japan Times
BUSINESS / Companies
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 said.
Japan Times
BUSINESS / Companies
Apr 7, 2016
Seven & I CEO Suzuki to quit over failed personnel shake-up
Seven & I Holdings Co. Chairman and CEO Toshifumi Suzuki said Thursday he plans to step down after the firm's board rejected personnel changes he supported.
BUSINESS / Companies
Apr 6, 2016
Seven-Eleven Japan President Isaka to be replaced: sources
Retail giant Seven & I Holdings Co. is expected to replace the president of its convenience store arm Seven-Eleven Japan Co. despite good performance, informed sources said.
Japan Times
BUSINESS / Companies
Mar 28, 2016
Activist investor Loeb warns Seven & I on nepotism deciding CEO
Third Point LLC's billionaire founder Daniel Loeb has targeted Seven & I Holdings Co. for management succession planning criticism, warning the grocery and retail group against letting nepotism determine its next chief executive officer.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
Kishida talks up bolstered Latin American ties as China cements position
Prime Minister Fumio Kishida holds a news conference in Sao Paulo on Saturday.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.

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