Masatoshi Ito Net Worth is$Billion
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Masatoshi Ito or Masatoshi ItA? (a 1/4 ?e?? e??a??, ItA? Masatoshi?, born 1924) is a Japanese businessman and billionaire.
He is the owner and honorary chairman of $30 billion (sales) Ito-Yokado retailing group, which includes more than 10,000 7-Elevens in Japan and the U.S. Masatoshi Ito is founder and honorary chairman of the Ito-Yokado Group, the second largest retailing organization in the world. Mr. Ito built the company from a small apparel store in Tokyo, into a corporation with annual revenues of more than $28 billion and a labor force of more than 125,000. The Ito-Yokado Group includes more than 10,000 7-Eleven stores in Japan and 5,800 in North America, along with 1,000 other storesa??department stores, restaurants, specialty shops, supermarkets, and superstores. Ito-Yokado is also the Japanese franchisee for Oshmana??s sporting goods stores, Robinsona??s department stores, and Dennya??s restaurants. Recently the company has begun opening superstores in China.
The relationship between Peter Drucker and Masatoshi Ito goes back three decades. It has never been consultant-client, but rather a meeting of friends. a??Whenever Mr. Ito was in this country or when I was in Japan, I spent an afternoon or a day or a long evening with him,a?? says Dr. Drucker. They discussed the world economy, the Japanese economy, and the direction in which Mr. Ito should be planning. a??He credits me, quite undeservedly, with a lot of his success,a?? says Dr. Drucker. For example, Ito-Yokado is organized as a number of individual companies, each with its own area of focus, such as supermarkets, convenience stores, and womena??s department stores. a??He says that I advised him against expanding any of these ventures too much, keeping [each one] medium size but large enough so it can have its own management and be autonomous, and thata??s been phenomenally successful,a?? says Dr. Drucker.
a?? I admire Mr. Ito as one of the worlda??s outstanding entrepreneurs and business bui

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Masatoshi Ito Latest News

US billionaire activist investor Loeb prevails in latest crusade to reform corporate Japan

Suzuki denied he was angling for his son to take over, saying he'd never thought of the idea. Masatoshi Ito, the billionaire founder of Seven & i unit Ito-Yokado Co, turned against him. Suzuki said he had little trust left in the directors who cast ...
Posted: April 7, 2016, 7:36 pm

American Airlines crew member found with 30 bullets in carry-on bag

Police at Tokyo's Narita International Airport seized the bullets loaded in two magazines after finding them Saturday during a security check before the man boarded his duty flight back to the U.S. Airport police official Masatoshi Ito said the crewmember ...
Posted: July 19, 2017, 6:43 am

Donald P. Gould

Drucker and Masatoshi Ito Graduate School of Management at the Claremont Graduate University. Don is a trustee of Pitzer College, chairing the Board's investment committee. He is a former president of both the Pomona College Alumni Association and the ...
Posted: May 12, 2018, 8:13 am
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