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
-
M6.0 Earthquake Hits Japan’s Tohoku Region; Fukushima, Iwate, Miyagi Prefectures Observe 4 on Japanese Scale With No Risk of Tsunami
-
Shinkansen Services Suspended After Man ‘Searches for Phone’ on Tracks; Disruption Affects About 14,000 Passengers
-
Whaling Mother Ship Built in Japan for 1st Time in 73 Years
-
U.S. 7th Fleet officer Arrested on Suspicion of Stealing Sushi, Sashimi, Chicken at Kanagawa Shopping Mall; Suspect Caught Mid-Meal
-
Tsunami Advisory for Okinawa Lifted at Noon (UPDATE 2)
JN ACCESS RANKING
- M6.0 Earthquake Hits Japan’s Tohoku Region; Fukushima, Iwate, Miyagi Prefectures Observe 4 on Japanese Scale With No Risk of Tsunami
- Cherry Blossoms Draw Crowd to Tokyo’s Ueno Park; Viewing Season Kicks Off to Slow Start
- China Mutes Memorialization of Reformer Hu Yaobang; Memories Could Spark Critique of Xi Administration
- Shinkansen Services Suspended After Man ‘Searches for Phone’ on Tracks; Disruption Affects About 14,000 Passengers
- Whaling Mother Ship Built in Japan for 1st Time in 73 Years