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Seven & i Delays 7-Eleven IPO Amid Market Uncertainty

4/10/2026

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Story summary
  • Seven & i Holdings Co Ltd postponed the initial public offering of its U.S. convenience store unit, 7-Eleven Inc., to fiscal 2027 due to uncertain market conditions linked to the U.S.-Israeli war against Iran.
  • The announcement caused a 2.55% drop in Seven & i shares on the Tokyo Stock Exchange.
  • President Stephen Dacus stated the listing will proceed when market conditions improve.
  • Seven & i reported revenue declined 12.9% to JPY 10.430 trillion and net profit rose 69.2% to JPY 292.76 billion for the fiscal year ending in February.
  • For the new fiscal year, revenue is projected to decline by 9.4%.