Seven & i raises 300 billion yen from SoftBank and others

時事通信··JP·Read original
3▲3 ▼0Impact / 5
Summary · why it matters

Seven & i Holdings has accepted investments of 100 billion yen each from SoftBank, PayPay, and Sumitomo Mitsui Card, totaling 300 billion yen. The aim is to accelerate convenience store reforms by bringing in outside capital, integrating the group's common ID "7iD" into "PayPay ID," and expanding the points-based economic sphere while promoting the use of AI and robot technology. Its domestic convenience store business has lagged FamilyMart and Lawson in growth, and through this partnership the company aims to create a "future-style convenience store."

Impact on assets 5

Digital Finance & Tokenization▲
SoftBank Corp.
9434
▲ PositiveCapitalrelevance

Invests 100 billion yen in Seven & i, strengthening ties.

Artificial Intelligence▲
Energy Transition & Power Demand▲
Information Technology▲

Off-coverage companies 2

Sumitomo Mitsui Card Company, Limitedi
Private▲ PositiveCapitalrelevance

Invests 100 billion yen in Seven & i, expanding its business.

Lawson, Inc.i
Private± Mixedrelevance