TOKYO -- The proposed acquisition of Seven & i Holdings by Canada's Alimentation Couche-Tard highlights how even the largest Japanese companies are vulnerable to takeovers, given their relatively low valuations compared with counterparts overseas.
Retail group among Japan blue chips with relatively low valuations

Seven & i Holdings operates a sprawling retail empire in Japan, including 7-Eleven convenience stores. (Photo by Yoshiyuki Tamai)
TOKYO -- The proposed acquisition of Seven & i Holdings by Canada's Alimentation Couche-Tard highlights how even the largest Japanese companies are vulnerable to takeovers, given their relatively low valuations compared with counterparts overseas.