Overview

• Its first post-acquisition briefing in Tokyo set a strategy to rebuild around Ito-Yokado by strengthening the supermarket food business, CEO Seiichiro Ishibashi said.
• Ito-Yokado chief Tetsuya Yamamoto disclosed plans to open about 10 Ito-Yokado and York Foods locations by 2030, with a focus expected on commercially strong areas such as the Tokyo metropolitan region.
• The company signaled a turn from contraction to offensive management, with no store closures planned.
• Bain Capital’s Naofumi Nishi said the initial priority is upgrading existing stores and that the fund will invest without constraints, indicating several hundred billion yen in planned spending.
• York Holdings oversees roughly 30 group companies including York Benimaru, Akachan Honpo, Loft and the Denny’s operator, and Seven & i sold 60% of York HD to Bain on September 1 while retaining a 35.07% stake as the founding family holds 4.93%.