Seven & I Holdings finalizes subsidiary transfer via company split

Seven & I Holdings (TSE:3382) has finalized the transfer of subsidiaries through an absorption-type company split, as initially disclosed on March 6, 2025. The agreement, approved by YORK HD's board on July 1, 2025, involves transferring the head office functions and subsidiary management functions of 29 companies, including key entities such as Ito-Yokado Co., Ltd., to K.K. BCJ-96 ("SPC (2)"), a subsidiary of K.K. BCJ-95 ("SPC (1)"), which is established by Bain Capital Private Equity.