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Seven & i: Growth Acceleration Vital If Firm Aims to Operate ‘Independently’

17 1
09.03.2025

Editorial

15:50 JST, March 7, 2025

If Seven & i Holdings Co., which has received a takeover proposal from a foreign company, is to stick to operating independently, it will be essential to accelerate its growth.

It is hoped that the change in top management will be an opportunity for the company to rethink its overseas strategy.

Seven & i announced that President Ryuichi Isaka will step down and Stephen Hayes Dacus, an outside director of the company, will assume the post. Dacus plans to take office as the new president after a general shareholders’ meeting in May.

As its future growth strategy, the company also announced it will list its subsidiary responsible for convenience store operations in North America by the latter half of 2026.

Rather than accepting a takeover offer from leading Canadian convenience store operator Alimentation Couche-Tard........

© The Japan News