World News

506 readers

717 users here now

Please help and contribute as we vote on rules:
https://quokk.au/post/21590

Other Great Communities:

Rules

Be excellent to each other

founded 10 months ago

MODERATORS

Deceptichum@quokk.au

Grainne@lemmy.dbzer0.com

PhilipTheBucket@quokk.au

Japan flags foreign takeover of 7-Eleven owner as a security issue (www.reuters.com)

submitted 7 months ago by slartibartfast@lemm.ee to c/world@quokk.au

7 comments fedilink hide all child comments

Seven & i was classified as "core" to Japan's national security in September, raising questions as to whether it was a defensive move. The finance ministry said at the time that the classification would not create hurdles to a potential buyout.

you are viewing a single comment's thread
view the rest of the comments

[–] Aussieiuszko@aussie.zone 4 points 7 months ago

Akazawa said convenience stores and their distribution networks could be utilised in the event of disaster to help bring hot food to people in affected regions, for example.

"If Seven & i's convenience store business is in foreign hands and run solely for profits, we'll have to think about various things, such as whether we can we get full support when our people affected by the disaster are suffering," he said.