The latest announcement is out from Seven & I Holdings Co ( (JP:3382) ).
Seven & i Holdings Co. announced the transfer of 29 companies, including 22 subsidiaries and 7 affiliates, to a subsidiary of Bain Capital’s acquisition company. This strategic move will impact the company’s earnings forecast for FY2025, reflecting only the first half performance of these entities. Additionally, the company plans to deconsolidate Seven Bank, Ltd. within FY2025, affecting its financial projections.
More about Seven & I Holdings Co
Seven & i Holdings Co., Ltd. operates in the retail industry, primarily focusing on convenience stores and superstores. The company offers a wide range of products and services, including financial services, through its various subsidiaries and affiliates, both domestically and internationally.
YTD Price Performance: -26.67%
Average Trading Volume: 2,307
Technical Sentiment Signal: Strong Buy
Current Market Cap: $32.98B
Learn more about 3382 stock on TipRanks’ Stock Analysis page.