Seven & i Holdings finalizes Seven Bank subsidiary change

Seven & i Holdings Co., Ltd. (TSE:3382) announced the completion of its subsidiary restructuring, initially disclosed on June 19, 2025. SEVEN-ELEVEN JAPAN CO.,LTD., Ito-Yokado Co., Ltd., and York-Benimaru Co., Ltd., wholly owned subsidiaries of Seven & i Holdings, have tendered shares in Seven Bank, Ltd. in response to Seven Bank's share repurchase program. As of June 24, 2025, Seven Bank and its subsidiaries are now equity method affiliates of Seven & i Holdings, and are excluded from the Company's consolidated subsidiaries. Seven & i Holdings expects the impact of this change on its consolidated financial results for the fiscal year ending February 28, 2026, to be immaterial. For the fiscal year ending February 28, 2026, Seven Bank and its subsidiaries' results will be recorded through the second quarter as consolidated subsidiaries.