Junro Ito
Overview
- Source of Wealth
- Retail
- Industry
- Fashion & Retail
- Residence
- Tokyo
Assets
- Seven & I Holdings Co. Ltd.80,220,000 shares @ --3382-JP
Biography
Junro Ito is the executive chair of Seven & I Holding and the son of the company's late honorary chairman Masatoshi Ito.
Masatoshi Ito, who helped build 7-Eleven into a global giant, died in March 2023 at age 98.
The company is best known for its thousands of 7-Eleven convenience stores in Japan, the U.S. and China. Seven & i Holdings has 87,000 stores in 19 countries.
In 2024, Canadian retail giant, Alimentation Couche-Tard made a $47 billion takeover bid for the company but withdrew in July 2025 citing the retailer's lack of cooperation during negotiations.
Junro Ito joined the company in 1990 and holds a minority stake. His two siblings are also billionaires.
About
The company also owns Denny's restaurants in Japan, supermarkets, and financial services firms.
Ito and his siblings were mulling making a $58 billion management buyout of the company but backed out in February 2025 citing financial issues.
In March 2025, the company announced a massive share buyback plan in a bid to bolster the share price.
In March 2025, Seven & I agreed to sell its York Holdings unit which includes major supermarket chains and specialty retailers, to Bain Capital for $5.4 billion.