Overview

• Stephen Dacus, the incoming CEO of Seven & i Holdings, warns of a challenging U.S. retail environment spurred by tariffs impacting consumer behavior.
• The company plans to tighten cost controls and scrutinize its supply chain to mitigate the effects of weakening consumer sentiment and inflation pressures.
• North American operations, which generate 73% of Seven & i's revenue, remain central to its strategy, with plans to list the subsidiary in late 2026, market conditions permitting.
• Defensive measures to boost corporate value include the sale of its superstore unit to Bain Capital and a 2 trillion yen share buyback program through 2030.
• Seven & i continues to resist Alimentation Couche-Tard's $47 billion takeover bid, citing anticipated antitrust challenges in the U.S. regulatory landscape.