A retrospective on the sale transaction of Sogo and Seibu based on public documents.

In 2023, a major topic that shook the business world was the transfer of the department store subsidiary Sogo & Seibu by Seven & I Holdings (hereafter, 7&i HD) to an overseas investment fund. In response, the labor union of Sogo & Seibu conducted a historic strike for the first time in 61 years, shocking the industry.
However, as 2024 approached, this series of events rapidly faded from public interest. What once sparked heated discussions eventually ceased to be a topic of everyday conversation, and opportunities for media coverage significantly decreased. Over time, this turmoil quietly but surely became a thing of the past.
This time, I would like to explore the actual financial impact that the sale of "Sogo & Seibu" had on 7&i HD, based on the publicly disclosed materials from 7&i HD.

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