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Seven & I Holdings

Seven & I Holdings Co., Ltd.
Native name
株式会社セブン&アイ・ホールディングス
Romanized name
Kabushiki-gaisha Sebun ando Ai Hōrudingusu
Public (K.K.)
Traded as :
Industry Retailing
Founded September 1, 2005 (2005-09-01) (from merger)
Headquarters 8-8, Nibancho, Chiyoda, Tokyo, Japan
Key people
Ryuichi Isaka, President
Services Department stores, Superstores, Supermarkets, Convenience stores, Restaurants, Financial services
Revenue Decrease¥4.786 trillion (2012)
Increase¥292.06 billion (2012)
Increase¥129.83 billion (2012)
Total assets Increase¥3.889 trillion (2012)
Total equity Increase¥1.860 trillion (2012)
Number of employees
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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