Junro Ito
$1.5B
Born
Jun 14, 1958
Age
67
Source of Wealth
Retail
Residence
Tokyo,
Citizenship
Japan
Marital Status
Children
0
Education
- Junro Ito is the executive chair of Seven & I Holding and the son of the company's late honorary chairman Masatoshi Ito.
- Masatoshi Ito, who helped build 7-Eleven into a global giant, died in March 2023 at age 98.
- The company is best known for its thousands of 7-Eleven convenience stores in Japan, the U.S. and China. Seven & i Holdings has 87,000 stores in 19 countries.
- In 2024, Canadian retail giant, Alimentation Couche-Tard made a $47 billion takeover bid for the company but withdrew in July 2025 citing the retailer's lack of cooperation during negotiations.
- Junro Ito joined the company in 1990 and holds a minority stake. His two siblings are also billionaires.
- The company also owns Denny's restaurants in Japan, supermarkets, and financial services firms.
- Ito and his siblings were mulling making a $58 billion management buyout of the company but backed out in February 2025 citing financial issues.
- In March 2025, the company announced a massive share buyback plan in a bid to bolster the share price.
- In March 2025, Seven & I agreed to sell its York Holdings unit which includes major supermarket chains and specialty retailers, to Bain Capital for $5.4 billion.
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