Seven & I Holdings Co.
English logo
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Japanese logotype
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Native name
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株式会社セブン&アイ・ホールディングス |
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Romanized name
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Kabushiki-gaisha Sebun ando Ai Hōrudingusu |
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| Traded as | : |
| Industry | Retailing |
| Founded | September 1, 2005 (from merger) |
| Headquarters | 8-8, Nibancho, Chiyoda, Tokyo, Japan |
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Key people
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Ryuichi Isaka, President |
| Services | Department stores, Superstores, Supermarkets, Convenience stores, Restaurants, Financial services |
| Revenue |
 ¥4.786 trillion (2012) |
 ¥292.06 billion (2012) |
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¥129.83 billion (2012) |
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| Total assets |
¥3.889 trillion (2012) |
| Total equity |
¥1.860 trillion (2012) |
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Number of employees
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55,011 (2013) |
| Subsidiaries | Seven-Eleven Japan 7-Eleven Seven-Eleven Hawaii Seven-Eleven Beijing Ito-Yokado Sogo & Seibu Seven Bank |
| Website | www.7andi.com |
Seven & I Holdings Co., Ltd. (株式会社セブン&アイ・ホールディングス Kabushiki-gaisha Sebun ando Ai Hōrudingusu?, Seven-i (セブンアイ)) is a Japanese diversified retail group headquartered in Nibancho, Chiyoda, Tokyo, Japan. Seven & I was founded in 1920 as Ito-Yokado, and is now the fifth largest retailer in the world, with 54,000 stores in approximately 100 countries.
Seven & I Holdings was established on September 1, 2005 as the parent company of the 7-Eleven Japan chain of convenience stores, the Ito-Yokado grocery and clothing stores, and the Denny's Japan family restaurants. In November 2005, it completed the purchase of US-based 7-Eleven Inc.
On December 26, 2005, the company announced its acquisition of Millennium Retailing holding company, parent of the Sogo and Seibu Department Stores chains. The acquisition makes Seven & I Holdings the largest distribution and retailing business in Japan.
On August 11, 2006, Seven & I purchased Lombard, Illinois-based White Hen.
In July 2007, the group announced the enlargement of their American chain 7-Eleven. They proposed an additional 1000 stores in a $2.4 billion plan that would see their US operation grow to over 7,000 stores. The target was set to achieve $10 billion in sales in the US by 2010.
On June 11, 2012, Seven & I, through its 7-Eleven, Inc. subsidiary, acquired 23 convenience stores in the US from Strasburger Enterprises, Inc.
On December 4, 2013, Seven & I purchased 44.99% ownership of Barneys Japan Co., Ltd. from "a fund operated by Tokio Marine Capital". Barneys Japan "has a network of 10 stores in Japan, including five outlet stores" and, "for the year ending February 2013, Barneys Japan posted sales of ¥19.52 billion." After this transaction, Sumitomo Corporation will continue to retain a majority stake of 50.01% in Barneys Japan Co., Ltd.
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