With the convenience store wars heating up, its worth reviewing some numbers, and introducing the players behind the stores.
Mitsubishi Shoji have a 32% shareholding in Lawson and a 10% holding in ampm. The sale/merger of ampm with Lawson hit difficulties recently, but it is clear why Mitsubishi Shoji would be keen to see some amalgamation here.
Lawson is the number 2 store in Japan having 9,527 stores with revenue of 1兆5587億円, that is YEN 1,558,700,000,000 or about USD 15 billion.
7 Eleven, owned by Ito Yokado owner, Seven & I Holdings Co., still holds the number 1 position.
Wikipedia has the numbers as follows:
According to the The Japan Franchise Association, as of August 2009[update] (data pertaining to the month of July 2009), there are 42,345 convenience stores in Japan. Among them, 7-Eleven leads the market with 12,467 stores, followed by Lawson (9,562) and FamilyMart (7,604).
Which is your favorite convenience store? Do you think it is good to have amalgamation and mergers in this market?
Note: I booked my return ticket for Japan today. I leave on Wednesday. Glad to be heading back to the world of conbini’s.