
Masatoshi Ito, effective founder and honorary chairman of Seven & i Holdings
The Yomiuri Shimbun
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.
Popular Articles
Popular articles in the past 24 hours
-
Boy Referred to Prosecutors Over Placing Condom at Tokyo Kura Sus...
-
Lottery in Aomori Pref. Rewards Locals Who Get Treated for High B...
-
Hayashi: U.S. Strikes on Iran Were Show of Determination
-
Tokyo Metropolitan Assembly Election: LDP’s Struggle Highlights P...
-
Mayoral Race Features Cuomo, Mamdani and the Shadow of Trump
-
Japan Tourism / Shirobara Dairy Factory Offers Visitors a Sweet T...
-
Thailand Blocks Tourists from Entering Cambodia as Their Border T...
-
Adani's Mumbai Airport Inks $750 Million Deal with Apollo-Led Inv...
Popular articles in the past week
-
Nippon Steel Completes Acquisition of U.S. Steel; Nippon Steel Ch...
-
Typhoon Sepat Forms near Ogasawara Islands
-
M5.2 Earthquake Hits Japan's Kagoshima Prefecture
-
Japan to Lead Charge on International Rules for Space Debris Remo...
-
Over 260 Japanese National Treasures Featured at Special Exhibiti...
-
46-year-old Man Killed by Bear in Japan’s Nagano Prefecture; 2nd ...
-
Revised Law Speeds Up Push to Stamp Out Online Casino Use; Raisin...
-
Agriculture Minister Calls Rice Distribution ‘Black Box’; Complex...
Popular articles in the past month
-
Japanese Researchers Develop ‘Transparent Paper’ as Alternative t...
-
Average Retail Rice Price Up for Second Consecutive Week; More Th...
-
Core Inflation in Japan Capital Hits 3.6%, Keeps BOJ Rate-Hike Ch...
-
Japan's Cooperation in Alaska LNG Development Project Emerges in ...
-
Trump: Nippon Steel Will Part Own U.S. Steel, U.S. to Be in Contr...
-
Vietnam, Thailand Aim to Grow Rice Exports to Japan
-
Japan's Maglev Shinkansen's Partially Completed Station Unveiled;...
-
Mt. Fuji Eruption: Preparations Necessary for Widespread Ashfall
"Society" POPULAR ARTICLE
-
Japan’s Maglev Shinkansen’s Partially Completed Station Unveiled; Station Will Be Only Underground Stop Between Shinagawa, Nagoya
-
Fukuoka City School Lunch Menu with Only One Karaage Fried Chicken Draws Criticism; Mayor Vows to Improve School Meals
-
Japanese Swords Banned from Tourist Programs, Putting Damper on the ‘Samurai Experience’
-
Japan’s Emperor, Empress, Princess Aiko Visit Okinawa Pref. To Commemorate War Dead; Visit Marks 1st Since October 2022
-
Typhoon Sepat Forms near Ogasawara Islands
JN ACCESS RANKING
-
Japanese Researchers Develop ‘Transparent Paper’ as Alternative to Plastics; New Material Is Biodegradable, Can Be Produced with Low Carbon Emissions
-
Average Retail Rice Price Up for Second Consecutive Week; More Than Double Same Period Last Year
-
Core Inflation in Japan Capital Hits 3.6%, Keeps BOJ Rate-Hike Chance Alive
-
Vietnam, Thailand Aim to Grow Rice Exports to Japan
-
Japan’s Maglev Shinkansen’s Partially Completed Station Unveiled; Station Will Be Only Underground Stop Between Shinagawa, Nagoya