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Seven-Eleven Japan grabs 40% share of slowing convenience market

Drugstores starting to eat into chains' dominance in prepared foods

TOKYO -- Seven-Eleven Japan maintained a comfortable lead over rivals in the country's convenience store market, increasing its share of sales by 1 percentage point to 40.4% in fiscal 2016, a Nikkei survey found.

FamilyMart, which merged with the operator of Circle K Sunkus to create FamilyMart Uny Holdings, beat Lawson to clinch the second-largest share. Together, the three leaders represent about 90% of the market. A total of 20 convenience store operators responded to the fiscal 2016 survey.

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