TOKYO -- Seven & i Holdings, owner of the 7-Eleven convenience chain, on Thursday said it aims to top 30 trillion yen ($200 billion) in group sales by the fiscal year through February 2031 -- almost double what it rang up in fiscal 2023 -- as the retail conglomerate races to raise its corporate value to counter a $47 billion takeover bid by Alimentation Couche-Tard.
Seven & i President Ryuichi Isaka, who spoke to investors and analysts at an investor relations day event, stressed the retailer's "potential for significant growth globally" and his aim to accelerate that growth, especially in the overseas convenience store business.
