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7 & i announces plan to separate non-convenience store businesses - accelerating corporate value enhancement.

October 10, 2024 19:44 JST (excerpt)
Ito Yokado and others to accept investment from founding families into an intermediate holding company.
President Ibata mentioned the revision of the full-year operating profit plan, indicating that the response to environmental changes was delayed.
Seven & I Holdings (HD) announced a plan to separate non-core businesses other than convenience stores, with the establishment of an intermediate holding company as the main pillar. Amidst a takeover proposal from Canada's Alimentation Couche-Tard, they appeal to the market that it is possible to enhance corporate value through self-initiative.
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