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25.05.26 - 12:30
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Japanese Convenience Store Pioneer Toshifumi Suzuki Dies at 93 (Nippon)
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Tokyo, May 25 (Jiji Press)-- Seven & i Holdings Co. Honorary Adviser Toshifumi Suzuki, who pioneered Japanese convenience stores known as "konbini," died of heart failure on May 18. He was 93. A native of Nagano Prefecture, central Japan, Suzuki graduated from the Faculty of Economics at Chuo University in 1956 and joined retailer Yokado, the predecessor of Ito-Yokado Co., in 1963 after work......
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17.04.26 - 12:25
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Japan′s Lawson, FamilyMart Post Record Operating Profits (Nippon)
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Tokyo, April 17 (Jiji Press)--Major Japanese convenience store operators Lawson Inc. and FamilyMart Co. have reported record operating profits for the year that ended in February, while Seven & i Holdings Co. logged only modest growth. According to their consolidated financial results, Lawson saw its core operating profit rise 7.0 pct from the previous year to 112.3 billion yen, and FamilyMa......
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09.04.26 - 15:12
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Aeon Enjoys Record Annual Operating Profit (Nippon)
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Tokyo, April 9 (Jiji Press)--Japanese retail giant Aeon Co. on Thursday reported a record-high consolidated operating profit of 270.4 billion yen for the year that ended in February, up 13.8 pct from the previous year. Meanwhile, rival Seven & i Holdings Co.'s group operating profit in the same year increased a meager 0.5 pct to 422.9 billion yen amid rising material and personnel costs for ......
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09.04.26 - 11:00
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Seven & i to Postpone U.S. Unit IPO (Nippon)
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Tokyo, April 9 (Jiji Press)--Seven & i Holdings Co. said Thursday that it will postpone the initial public offering of its U.S. convenience store chain unit, 7-Eleven Inc., until at least fiscal 2027. The Japanese retailer had previously planned to take the unit public in the second half of calendar 2026 as part of an effort to boost corporate value. In fiscal 2025, which ended in Februar......
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19.01.26 - 02:24
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3 Japan Convenience Store Operators Log Profit Growth in March-Nov. (Nippon)
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Tokyo, Jan. 19 (Jiji Press)--Three major Japanese convenience store operators posted growth in their group operating profits for March-November 2025, according to their earnings reports. Seven & i Holdings Co., the operator of industry leader Seven-Eleven Japan Co., saw its operating profit in the nine-month period rise 3.1 pct from a year before to 325 billion yen, reflecting brisk performa......
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22.12.25 - 01:24
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CEO of Seven & i′s N. American Unit to Retire (Nippon)
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Tokyo, Dec. 22 (Jiji Press)--Seven & i Holdings Co. has said that Joseph DePinto, CEO of 7-Eleven Inc., the Japanese retail giant's North American convenience store unit, is set to retire at the end of this month. Stanley Reynolds, president of 7-Eleven, and Douglas Rosencrans, its executive vice president and chief operating officer, will serve as co-CEOs until a successor to DePinto is app......
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