Seven & i Holdings Honorary Chairman Masatoshi Ito Dies
12:35 JST, March 13, 2023
Masatoshi Ito, effective founder and honorary chairman of Seven & i Holdings Co., passed away on March 10 at the age of 98.
Upon university graduation, he entered Yokado Yohinten, which was run by his older brother. After his brother’s death, he established Yokado (now Ito-Yokado Co.) using Yokado Yohinten as a foundation and became its president, a position he held until 1992. He transformed the company into Japan’s largest supermarket chain, mainly in the Tokyo metropolitan area.
His achievement led to the establishment of Seven & i Holdings Co., which owns Ito-Yokado, Seven-Eleven Japan Co. and other companies.
"Society" POPULAR ARTICLE
-
Malaysia Growing in Popularity as Destination for Studying Abroad; British-style Education Available at Low Cost
-
‘Women Over 30 Would Have Uteruses Removed’; Remarks of CPJ Leader, Novelist Naoki Hyakuta Get Wide Attention
-
Ministry Eyes Improving Night-School Japanese Lessons; Aim Is To Help Foreigners Complete Junior High School
-
Companies Expanding Use of Recycled Plastic; Technological Developments Improve Production Process, Allow Incorporation in Cars, Electronics
-
Fire Breaks Out after Explosion Heard in Susukino Building, Sapporo; Multiple Injuries Reported (UPDATE 1)
JN ACCESS RANKING
- Japan Business Circle Calls for China Resuming Visa-Free Travel; Keizai Doyukai Visit to Country Marks 1st in 8 Years
- Streaming Services Boost Anime Popularity Overseas; Former ‘Geeky’ Interest More Beloved Among Gen Z than 3 Major U.S. Sports
- Malaysia Growing in Popularity as Destination for Studying Abroad; British-style Education Available at Low Cost
- ‘Women Over 30 Would Have Uteruses Removed’; Remarks of CPJ Leader, Novelist Naoki Hyakuta Get Wide Attention
- APEC Leaders Vow to Maintain Free Trade System