At the financial results briefing on the 6th, Seven & i Holdings President Ryuichi Isaka* said, "We will continue to work together with Sogo & Seibu to get back on track for regrowth." We had an open discussion about how to put it on, but with our capabilities and resources, we thought that leaving it in the group as it is would rather put the brakes on growth, so we searched for the best owner. That's how it works," he said.
After that, President Isaka said, "I think that it is all about partners who can make good proposals for the continuation of the business and the regrowth of Sogo and Seibu. We are having various meetings with the candidate." said.
According to people familiar with the matter, Seven & i is negotiating with the American investment fund "Fortress Investment Group" regarding the sale of Sogo & Seibu.
※Takashi means “one” on top of “life”.