Seven & I Holdings Co.
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Headquarters
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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 |
| Public (K.K.) | |
| Traded as | TYO: 3382 |
| 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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Toshifumi Suzuki, CEO Noritoshi Murata, 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.[1] Founded originally in 1920 as Ito-Yokado, Seven & I is now the fifth largest retailer in the world,[2] with 54,000 stores in approximately 100 countries.
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 2005, it completed the purchase of US-based 7-Eleven Inc.[3]
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.[4]
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]
On June 11, 2012, Seven & I, through its 7-Eleven, Inc. subsidiary, acquired 23 convenience stores in the US from Strasburger Enterprises, Inc.[5]
On December 4, 2013, Seven and I purchased 44.99% ownership of Barneys Japan Co., Ltd. from "a fund operated by Tokio Marine Capital".[6] 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."[6] After this transaction, Sumitomo Corporation will continue to retain a majority stake of 50.01% in Barneys Japan Co., Ltd.[6]
On January 29, 2014, Seven and I, through its subsidiary Seven & i Net Media, acquired 50.71% of Nissen Holdings, which is engaged in the mail order sale of clothing and daily necessities, the retail and wholesale of gift products through stores, catalogs, Internet and mobiles. Also, Nissen is involved in the life insurance, casualty insurance agency, credit card and money lending business.[7][8]
Subsidiaries
- 7-Eleven Japan (based in Japan)
- SEJ Finance and SEJ Service holding companies (based in Delaware)
- 7-Eleven (based in the United States)
- SEJ Finance and SEJ Service holding companies (based in Delaware)
- Ito-Yokado
- Seven Bank
- Sogo & Seibu
- Seven & i Net Media [9]
References
- ↑ "Office Map." Seven & i Holdings. Retrieved on January 13, 2009.
- ↑ “Planet Retail reveals latest retailer rankings”, Planet Retail, July 28, 2008. Archived October 5, 2008 at the Wayback Machine
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found. Archived at WebCite
- ↑ Lua error in package.lua at line 80: module 'strict' not found. Archived at WebCite
- ↑ 6.0 6.1 6.2 Lua error in package.lua at line 80: module 'strict' not found.
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External links
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Wikimedia Commons has media related to Seven & i Holdings. |
- Seven & I Holdings Annual Report 2011 PDF
- Seven & I Holdings Corporate Outline 2011 PDF
- (English) Seven & I Holdings Co., Ltd.
- Seven & I Major Subsidiaries and Affiliates
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- Pages with broken file links
- Articles containing Japanese-language text
- Articles with unsourced statements from October 2009
- Commons category link is locally defined
- TOPIX 100
- Nikkei 225
- Companies of Japan
- Retail companies of Japan
- Companies based in Tokyo
- Companies listed on the Tokyo Stock Exchange
- Companies established in 2005
- Japanese brands
- 7-Eleven
