Seven & I Holdings Co.

Type: Public
On the web: http://www.7andi.com
Employees: 55,000
Employee growth: 1.7%

Japan's biggest retail conglomerate, Seven & I Holdings caters to six of the so-called seven deadly sins (saving wrath for its competition). The "seven" of the company's title reflects the seven areas of business that it is involved with: convenience stores, superstores, restaurants, supermarkets, department stores, financial services, and IS/IT services. The "holding" part of the firm's name consists of its five subsidiaries: Seven-Eleven Japan (parent of 7-Eleven in the US), Ito-Yokado, Sogo & Seibu Co., Seven & I Food Holdings, and York-Benimaru. Created in 2005 after stock-transfer agreements absorbing its subsidiaries into the company took effect, Seven & I operates some 33,000 stores worldwide.

Key numbers for fiscal year ending February, 2009:
Sales: $57,793.3M
One year growth: 17.5%
Net income: $944.5M
Income growth: (23.2%)

Officers:
Chairman and CEO: Toshifumi Suzuki
President and COO: Noritoshi Murata
CFO and Director: Tadahiko Ujiie

Competitors:
AEON
Couche-Tard
LAWSON

Seven & I Holdings Co., Ltd.

Type	Public KK (TYO: 3382)
Founded	2005 (from merger)
Headquarters	Chiyoda, Tokyo, Japan
Key people	Toshifumi Suzuki, Chairman & CEO
Industry	Retail
Services	Department stores, Superstores, Supermarkets, Convenience stores, Restaurants, Financial services
Revenue	▲ ¥ 5,752,392 million JPY (FY 2007)
Net income	▲ ¥ 133,419 million JPY (FY 2007)
Employees	55,815 (full-time; 2007)
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 & Ai Hōrudingusu^?, TYO: 3382) is a diversified retail group headquartered in Chiyoda, Tokyo, Japan.^[1] Founded originally in 1920 as Ito-Yokado, Seven & I is now the fifth largest retailer in the world^[2], with 35,000 stores in approximately 100 countries.

Contents 1 History 2 Subsidiaries 3 References 4 External links

History

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, 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.^{[citation needed]}

Subsidiaries

• 7-Eleven
• Ito-Yokado
• Seibu Department Stores
• Sogo
• Seven Bank
• Denny's Japan

Its full list of subsidiaries can be found here, Seven & I Major Subsidiaries and Affiliates

References

1. ^ "Office Map." Seven & i Holdings. Retrieved on January 13, 2009.
2. ^ “Planet Retail reveals latest retailer rankings”, Planet Retail, 28 July 2008.

• Seven & I Holdings Annual Report 2008
• Seven & I Holdings Corporate Outline 2008

External links

Wikimedia Commons has media related to: Seven & i Holdings

• (English) Seven & I Holdings Co., Ltd.

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