Seven & I Appoints Ryuichi Isaka as President

Seven & I Appoints Ryuichi Isaka as President

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Business

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The transcript discusses a unanimous decision by the board of directors to implement management changes, including appointing Esaka as CEO. Despite previous opposition, Esaka now faces challenges such as low consumer spending and potential tax hikes in Japan. Additionally, there are calls for restructuring or divesting certain company units to focus on the profitable convenience store sector.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the board meeting at Seven & I?

Esaka was ousted as CEO.

Esaka was appointed as the new CEO.

The board meeting was postponed.

The board decided to sell the company.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Seven & I's operating profit comes from 711 Japan?

100%

50%

80%

30%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential challenge is Esaka facing in Japan?

A new competitor entering the market.

A shortage of employees.

A potential tax hike.

A decrease in international sales.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Dan Loeb's suggestion for Seven & I?

Hire more employees.

Increase marketing budget.

Restructure or divest some units.

Expand into new markets.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus suggested by Dan Loeb for Seven & I?

Focus on international expansion.

Focus on the convenience store unit.

Focus on online sales.

Focus on reducing costs.