Question: Case Study Seven - Eleven Japan Co . Established by Ito Yokado in 1 9 7 3 , Seven - Eleven Japan set up its

Case Study Seven-Eleven Japan Co. Established by Ito Yokado in 1973, Seven-Eleven Japan set up its first store in Koto-ku, Tokyo, in May 1974. The company was first listed on the Tokyo Stock Exchange in October 1979. On September 1,2005, Seven & i Holdings Co. Ltd., was established as the holding company for Seven-Eleven Japan, Ito-Yokado, and Dennys Japan. As a result, detailed financial results for Seven-Eleven Japan have not been available since then and are reported only as the convenience store portion of Seven & i Holdings. Seven-Eleven Japan realized a phenomenal growth between 1985 and 2016. During that period, the number of stores in Japan increased from 2,299 to more than 19,000. Globally, the firm had more than 60,000 convenience stores by September 2016 and was the worlds largest chain in terms of retail outlets. Global revenues for Seven & i from convenience store operations were 2,675 billion yen in 2016 with an operating income of 352 billion yen. The firm opened over 1,600 new stores in Japan in 2016. Customer visits to Seven-Eleven outlets averaged more than 1,000 per store per day in 2013.

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