Seven & i to Restructure Operations; Eyes IPO for SST Business

MT Newswires Live

Jan 10, 2025

Seven & i Holdings (TYO:3382) will consolidate its food supermarket and specialty store businesses under a new entity, York Holdings Co. (York HD), as part of a restructuring set for February, according to a Thursday filing with the Tokyo Stock Exchange.

The plan involves share consolidations, dividends in kind, and company splits, covering 31 subsidiaries and affiliates under the SST Business group.

The move aligns with Seven & i's strategy to streamline operations and enhance shareholder value. The company plans to retain a stake in York HD while exploring an IPO for the SST Business Group, aiming to leverage synergies between its convenience store and SST divisions.

The restructuring will establish York HD as the parent company of the SST Group, with Seven & i maintaining a significant stake. The company framed the plan as a step towards optimizing operations and unlocking growth potential for the SST business.

Price (JPY): $2374.50, Change: $-22, Percent Change: -0.92%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2502507366"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2502507366\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2502507366?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-10 06:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2502507366","market":"hk","top_or_hot":-1,"title":"Seven & i to Restructure Operations; Eyes IPO for SST Business","media":"MT Newswires Live","content":"<html><body><p> Seven &amp; i Holdings (TYO:3382) will consolidate its food supermarket and specialty store businesses under a new entity, York Holdings Co. (York HD), as part of a restructuring set for February, according to a Thursday filing with the Tokyo Stock Exchange.</p><p>The plan involves share consolidations, dividends in kind, and company splits, covering 31 subsidiaries and affiliates under the SST Business group.</p><p>The move aligns with Seven &amp; i's strategy to streamline operations and enhance shareholder value. The company plans to retain a stake in York HD while exploring an IPO for the SST Business Group, aiming to leverage synergies between its convenience store and SST divisions.</p><p>The restructuring will establish York HD as the parent company of the SST Group, with Seven &amp; i maintaining a significant stake. The company framed the plan as a step towards optimizing operations and unlocking growth potential for the SST business.</p><p>Price (JPY): $2374.50, Change: $-22, Percent Change: -0.92%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Seven & i to Restructure Operations; Eyes IPO for SST Business</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSeven & i to Restructure Operations; Eyes IPO for SST Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-01-10 06:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Seven &amp; i Holdings (TYO:3382) will consolidate its food supermarket and specialty store businesses under a new entity, York Holdings Co. (York HD), as part of a restructuring set for February, according to a Thursday filing with the Tokyo Stock Exchange.</p><p>The plan involves share consolidations, dividends in kind, and company splits, covering 31 subsidiaries and affiliates under the SST Business group.</p><p>The move aligns with Seven &amp; i's strategy to streamline operations and enhance shareholder value. The company plans to retain a stake in York HD while exploring an IPO for the SST Business Group, aiming to leverage synergies between its convenience store and SST divisions.</p><p>The restructuring will establish York HD as the parent company of the SST Group, with Seven &amp; i maintaining a significant stake. The company framed the plan as a step towards optimizing operations and unlocking growth potential for the SST business.</p><p>Price (JPY): $2374.50, Change: $-22, Percent Change: -0.92%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4077","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2502507366","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2502507366","pubTimestamp":1736462695,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Seven & i Holdings  will consolidate its food supermarket and specialty store businesses under a new entity, York Holdings Co. , as part of a restructuring set for February, according to a Thursday filing with the Tokyo Stock Exchange.The plan involves share consolidations, dividends in kind, and company splits, covering 31 subsidiaries and affiliates under the SST Business group.The move aligns with Seven & i's strategy to streamline operations and enhance shareholder value. The company plans to retain a stake in York HD while exploring an IPO for the SST Business Group, aiming to leverage synergies between its convenience store and SST divisions.The restructuring will establish York HD as the parent company of the SST Group, with Seven & i maintaining a significant stake. The company framed the plan as a step towards optimizing operations and unlocking growth potential for the SST business.Price : $2374.50, Change: $-22, Percent Change: -0.92%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4077":"互动媒体与服务","SST":"System1"},"translate_title":"七&i重组运营；着眼于SST业务IPO","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SST":1},"content_text":"Seven & i Holdings (TYO:3382) will consolidate its food supermarket and specialty store businesses under a new entity, York Holdings Co. (York HD), as part of a restructuring set for February, according to a Thursday filing with the Tokyo Stock Exchange.The plan involves share consolidations, dividends in kind, and company splits, covering 31 subsidiaries and affiliates under the SST Business group.The move aligns with Seven & i's strategy to streamline operations and enhance shareholder value. The company plans to retain a stake in York HD while exploring an IPO for the SST Business Group, aiming to leverage synergies between its convenience store and SST divisions.The restructuring will establish York HD as the parent company of the SST Group, with Seven & i maintaining a significant stake. The company framed the plan as a step towards optimizing operations and unlocking growth potential for the SST business.Price (JPY): $2374.50, Change: $-22, Percent Change: -0.92%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}