The Japan TimesMay 25, 2023
Seven & I Holdings management won a proxy fight against a foreign activist fund that sought a change in leadership in order to push a bold shift for the business strategy of 7-Eleven. https://www.japantimes.co.jp/news/2023/05/25/business/corporate-business/seven-i-proxy-fight-management-win/?utm_content=buffer73bfb&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #corporate #retailers #conveniencestores #ryuichiisaka #seveni #valueact #itoyokotado
Seven & I management wins showdown with foreign investor over 7-Eleven strategy

ValueAct Capital, a U.S.-based fund and major shareholder of Seven & I, was seeking to replace several directors, including current President Ryuichi Isaka, with their own candidates.

The Japan Times
The Japan TimesMay 24, 2023
Seven & I Holdings is under pressure from a foreign shareholder that wants to secure more control in its business through a proxy fight at the annual shareholders meeting set for Thursday. https://www.japantimes.co.jp/news/2023/05/24/business/corporate-business/seven-and-i-shareholder-meeting-showdown/?utm_content=bufferebcfe&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #corporate #retailers #conveniencestores #ryuichiisaka #seveni #valueact #itoyokotado
Seven & I and activist fund ValueAct set for a showdown at shareholders meeting

Despite making a steady recovery from the impacts of the COVID-19 pandemic, Seven & I Holdings is facing pressure from a foreign shareholder that claims the firm is wasting its potential.

The Japan Times