Strategic Moves by Seven & i Holdings

In a bold strategic move, Seven & i Holdings has announced a significant share repurchase program valued at 2 trillion yen ($13.2 billion). This initiative comes alongside plans to publicly list its North American subsidiary, 7-Eleven Inc., aiming to enhance the company's valuation. This decision follows a $47 billion takeover offer from Canada's Alimentation Couche-Tard, highlighting the competitive landscape of the convenience store sector.

Future Plans and Leadership Changes

Seven & i Holdings intends to maintain a majority stake in 7-Eleven, with the IPO expected in the latter half of 2026. Additionally, the company has agreed to sell its superstore business division, encompassing various supermarket outlets, to Bain Capital for approximately 814.7 billion yen ($5.37 billion). In a historic leadership change, Stephen Dacus, the lead independent outside director, will take over as CEO, marking the first time a foreigner has held the top executive position in the company.