7-Eleven Owner Faces Profit Decline and Takeover Battle

Seven & i reports a 24% drop in quarterly profits as it resists a $47 billion buyout offer from Couche-Tard while navigating national security concerns and restructuring plans.

Seven & i Holdings, the operator of 7-Eleven, reported a 24% year-on-year decline in operating profit for its latest quarter, falling short of analysts' expectations.
The company is resisting a $47 billion buyout offer from Canada's Alimentation Couche-Tard, citing national security concerns raised by Japanese officials over foreign ownership of its convenience store network.
Seven & i’s founding family is exploring a management buyout valued at approximately $58 billion, which would be the largest in Japanese history, as an alternative to the Couche-Tard proposal.
The company is accelerating efforts to focus on its core convenience store operations by divesting non-core assets, including supermarket chains and specialist retailers, to improve corporate value.
Japanese government officials have highlighted the critical role of 7-Eleven stores in disaster response, raising questions about the implications of foreign ownership on economic security.