Japan

Seven & i Sees Quarterly Profit Tumble 24%

Japan's Seven & i Holdings, operator of the 7-Eleven convenience store chain, said operating profit fell 24% in the latest quarter.

Record Number Of Activist Investors Joined Shareholder Rebellion Last Year

A record number of activist shareholders mounted campaigns at global companies in 2024, a Barclays report showed, as their pressure tactics produced strong...

7-Eleven Battle Shows Resilience Of Japan Inc's Family Ties

A rise in shareholder activism in Japan is poised to fuel a new wave of management buyouts by founding families, after the battle for 7-Eleven's parent com...

Seven & i Makes No Mention Of $47bn Buyout Bid In Laying Out Growth Plan

Japan's Seven & i will be looking to convince shareholders it can deliver long-term growth on its own when it speaks to them on Thursday (24 October).

Philip Morris Raises Annual Profit Forecast On Strong Demand For Nicotine Pouches

Philip Morris International raised its annual profit forecast after beating third-quarter estimates, betting on higher prices and resilient demand for its...

Seven & i's Revised Bid From Couche-Tard Sweetens Offer By A Fifth, Sources Say

Shares of Seven & i Holdings surged more than 10% on Wednesday (9 October) after Bloomberg News reported Alimentation Couche-Tard raised its takeover p...