Seven & I Holdings Co., Ltd. Announces Changes in Management Structure
March 09, 2023 at 01:00 am EST
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Seven & i Holdings Co., Ltd. (the "Company") hereby announces that it adopted a resolution at a meeting of the Board of Directors held on March 9, 2023 regarding the transfer of the representative director (additional appointment) and change in the management structure of the Company as given below. 1. Transfer of the Representative Director (Additional Appointment).c(2) Name and Title of the New Representative Director" Senior Managing//Executive Officer, Representative ctor, CSuO, General Manager of,ESG Development, Division and, Supervising Officer of, Superstore operations. Current: Director,Managing Executive Officer, General Manager of Corporate Development Division Biography of New Representative Director Name: Junro Ito Date of birth: June 14, 1958/Aug. 1990: Joined SEVEN-ELEVEN JAPAN CO., LTD.
May 2002: Director of SEVEN-ELEVEN JAPAN CO., LTD. Jan. 2007: Managing Executive Officer of SEVEN-ELEVEN JAPAN CO., LTD. May 2009: Director of the Company (incumbent)
Executive Officer of the Company Senior Officer of the Corporate Development Department of the Company Dec. 2016: Managing Executive Officer of the Company (incumbent)
Mar.2018: General Manager of the Corporate Development Division of the Company (incumbent) May 2020: Member of the Compensation Committee of the Company (incumbent)
A Chief x Officer (CxO) shall be appointed for each corporate function in order to improve the corporate value of the Group over the medium- to long-term, support the top management of the entire Group, strengthen the structure of the strategic corporate departments, and improve the ability to promote strategies. In addition, a Head of each business segment and business domain shall be appointed in order to strengthen the growth strategy of the domestic and overseas convenience store operations and the ability to execute and promote the structural reform of the superstore operations and the department and specialty store operations.
Seven & i Holdings Co., Ltd. specializes in retailing. Net sales break down by type of stores as follows:
- convenience stores (58.4%): operated, at the end of February 2021, 31,586 stores (of which 21,702 located in Japan) under the Seven-Eleven name;
- supermarkets and specialized stores (32.8%): owned 1,339 stores primarily under the names Seven & i Food Systems (614), York-Benimaru (235), Ito-Yokado (132), The Loft (131), Akachan Honpo (117) and York (100) ;
- department stores (7.3%): owned 10 stores under the Sogo & Seibu name;
- other (0.1%).
The remaining sales (2.9%) are primarily from financial services and catering services.
Net sales break down geographically as follows: Japan (59.6%), North America (38.7%) and other (1.7%).
SEVEN & I HOLDINGS CO., LTD. 
