Rushing on seven & I Chairman of express establishment of a new system

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Suzuki toshifumi, Chairman of the large retailer

"seven & I Holdings' management internal conflicts, from the 7th, in honour of its intention revealed. Top management has led the group for many years, suddenly in honour of representations received, seven & I will be establishing a new management system.

seven & I's Suzuki toshifumi Chairman and Chief Executive Officer is 7, announced his intention to retire, retired Chairman and Chief Executive Officer ago the shareholders ' meeting press conference, scheduled for the end of next month. That was rejected from water for reason, to resign as President of seven a-eleven Japan subsidiary of Suzuki, Chairman of advanced human resources proposed by the Board of Directors and management internal conflict has revealed.
Suzuki Chairman looked back to settle in Japan convenience store at a press conference, saying "Japan convenience store has been making his total opposite and", introduced from the United States. On the other hand, revealed that no idea "becomes ashamed of is necessary to explain such a thing in a place of my own discretion," said about retiring, decide his successor.
, "& I", in this Feb. 7, announced financial results for the group as a whole is raised the highest ever operating profit, but for the first time, fell to the operating loss of hypermarket "Ito-Yokado," and continues to challenge the overhaul, such as department stores and mail-order business. Seven & I will rush to establish a new management control of management internal confusion, as well as the Suzuki Chairman has led the group for many years, the sudden announcement.

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