December 26, 2014 2:38 AM ET

Food and Staples Retailing

Company Overview of Ito-Yokado Co., Ltd.

Company Overview

Ito-Yokado Co., Ltd. operates superstores, convenience stores, and restaurants in Japan, China, Canada, and the United States. The company operates superstores that offer consumer goods and food; convenience stores that sell food, apparel, and household goods; and restaurants. It also conducts banking and credit card operations. Ito-Yokado Co., Ltd. was formerly known as Yokado Co., Ltd. and changed the name to Ito-Yokado Co., Ltd. in March, 1971. was founded in 1920 and is headquartered in Tokyo, Japan. Ito-Yokado Co., Ltd. operates as a subsidiary of Seven & I Holdings Co., Ltd.

8-8, Nibancho

Chiyoda-ku

Tokyo,  102-8450

Japan

Founded in 1920

15,633 Employees

Phone:

81 3 6238 2111

Fax:

81 3 6238 3492

Key Executives for Ito-Yokado Co., Ltd.

Chairman
Age: 81
Representative Director
Age: 80
Founder
Age: 90
Chief Financial Officer
Age: 70
Member of Corporate Committee and President of IY Bank
Age: 73
Compensation as of Fiscal Year 2014.

Ito-Yokado Co., Ltd. Key Developments

Ito-Yokado Co., Ltd. Reports Earnings Results for the Six Months Ended August 31, 2014; Provides Earnings Guidance for the Fiscal Year Ending February 28, 2015

Ito-Yokado Co., Ltd. reported earnings results for the six months ended August 31, 2014. For the period, the company reported revenues from operations of JPY 640,526 million against JPY 652,470 million a year ago. Net Sales were JPY 624,427 million against JPY 636,939 million a year ago. Total capital expenditures were JPY 16,331 million against JPY 34,585 million a year ago. Operating income was JPY 656 million against JPY 2,603 million a year ago. For the fiscal year ending February 28, 2015, the company expects revenues from operations of JPY 1,297,200 million, operating income of JPY 13,000 million, net sales of JPY 1,265,300 million, depreciation and amortization of JPY 12,000 million and total capital expenditures of JPY 49,500 million.

Ito-Yokado Co., Ltd. Presents at Nomura China Investor Forum 2014, Sep-04-2014 10:00 AM

Ito-Yokado Co., Ltd. Presents at Nomura China Investor Forum 2014, Sep-04-2014 10:00 AM. Venue: Pudong Shangri-la, The River Wing, Shanghai, China. Speakers: Tomihiro Saegusa, Head of China Operations.

Ito-Yokado Co to Close Second Outlet in Beijing

Ito-Yokado Co announced that it is planning to close down another outlet in Beijing, the second such closure in the Chinese capital in the last three months. Ito-Yokado will shut down the Beiyuan store in Beijing on August 31 due to continued losses since it was launched in September 2009. Suppliers have been informed to move to the Japanese department store company's other two branch outlets in Beijing.

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Target
Merger/Acquisition
June 6, 2014
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