Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Seven & i Holdings Co., Ltd.
  6. News
  7. Summary
    3382   JP3422950000

SEVEN & I HOLDINGS CO., LTD.

(3382)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Shinsei Bank says it is still considering response to SBI's bid

09/14/2021 | 11:00pm EDT
FILE PHOTO: The Shinsei Bank logo is pictured at the lobby of the bank in Tokyo

TOKYO (Reuters) - Japan's Shinsei Bank said on Wednesday no decision has been made on its response to an unsolicited $1.1 billion bid by SBI Holdings following a media report that it plans to introduce a poison-pill defence.

"It is true that Shinsei Bank is currently considering various measures to respond" to SBI's tender offer, the Tokyo-based lender said in a statement.

"However, it is not factual that a decision has been made at this time," it said, adding that any decisions would be disclosed in a timely manner.

The Nikkei financial daily reported https://www.reuters.com/article/shinsei-bank-m-a-sbi-holdings-idUSKBN2GA0TF on Tuesday that Shinsei Bank's board could meet this week to discuss a possible issuance of stock warrants to existing shareholders to dilute the holdings of SBI.

Shinsei Bank is also talking to potential white knights, including Seven & i Holdings and Sony Group Corp, the Nikkei reported.

Shares of Shinsei Bank dropped more than 3% briefly early Wednesday, while SBI shares tumbled more than 4% before recouping part of its loss.

SBI last week announced an offer to buy a near majority stake in Shinsei Bank to take effective control of the lender, as SBI aims to become Japan's fourth largest banking group.

(Reporting by Makiko Yamazaki; editing by Richard Pullin)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
SBI HOLDINGS, INC. 1.05% 2986 End-of-day quote.22.03%
SEVEN & I HOLDINGS CO., LTD. 1.50% 4798 End-of-day quote.31.13%
SHINSEI BANK, LIMITED 0.47% 1915 End-of-day quote.50.67%
SONY GROUP CORPORATION 2.64% 13410 End-of-day quote.30.38%
All news about SEVEN & I HOLDINGS CO., LTD.
10/07SEVEN & I : Consolidated Financial Results for the Six Months ended August 31, 2021
PU
10/07SEVEN & I : Brief Summary for the Second Quarter of FY2022
PU
10/07Seven & I Holdings Co., Ltd. Announces Consolidated Financial Results for the Six Month..
CI
10/07Seven & I Holdings Co., Ltd. Provides Dividend Forecast for Year Ending February 28, 20..
CI
10/07Seven & I Holdings Co., Ltd. Provides Financial Guidance for the Fiscal Year Ending Feb..
CI
10/06Reliance Industries to Roll Out 7-Eleven Stores in India
DJ
10/05India's Future Retail terminates agreement to open 7-Eleven stores
RE
09/14Shinsei Bank says it is still considering response to SBI's bid
RE
09/06REFILE-Japan's Topix ends at 31-year high as investors eye economic recovery
RE
09/03SEVEN & I : William v. NYPIUA
AQ
More news
Analyst Recommendations on SEVEN & I HOLDINGS CO., LTD.
More recommendations
Financials
Sales 2022 8 084 B 70 795 M 70 795 M
Net income 2022 210 B 1 841 M 1 841 M
Net Debt 2022 1 189 B 10 414 M 10 414 M
P/E ratio 2022 20,5x
Yield 2022 2,17%
Capitalization 4 237 B 37 093 M 37 109 M
EV / Sales 2022 0,67x
EV / Sales 2023 0,56x
Nbr of Employees 57 270
Free-Float 83,9%
Chart SEVEN & I HOLDINGS CO., LTD.
Duration : Period :
Seven & i Holdings Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SEVEN & I HOLDINGS CO., LTD.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 13
Last Close Price 4 798,00 JPY
Average target price 6 058,46 JPY
Spread / Average Target 26,3%
EPS Revisions
Managers and Directors
Ryuichi Isaka President & Representative Director
Yoshimichi Maruyama General Manager-Finance & Accounting
Toshiro Yonemura Independent Outside Director
Kunio Ito Independent Outside Director
Yoshio Tsukio Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
SEVEN & I HOLDINGS CO., LTD.31.13%36 720
AVENUE SUPERMARTS LIMITED59.23%37 990
SM INVESTMENTS CORPORATION-2.00%24 241
COLES GROUP LIMITED-3.42%17 829
ALBERTSONS COMPANIES, INC.74.35%14 317
CARREFOUR9.41%13 831