Masatoshi ito biography of martin

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Recently, the company has expanded its market presence by opening supermarkets in China.

Partnership with Peter Drucker

One of Masatoshi Ito's closest and oldest partners is Peter Drucker. Recently the company has begunopeningsuperstores in China.

The relationshipbetweenPeterDrucker and Masatoshi Ito goes back three decades. It has never been consultant-client, but rather a meeting of friends.

masatoshi ito biography of martin

He ranks 553rd among the world's billionaires according to Forbes magazine's list.

Masatoshi Ito

Masatoshi Ito or Masatoshi Itō(伊藤 雅俊,Itō Masatoshi?, born 1924) is a Japanese businessman and billionaire.[1]

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. “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 that’s been phenomenally successful,” says Dr.

Drucker.

“ I admire Mr. Ito as one of the world’s outstanding entrepreneurs and business builders,” says Dr. Drucker. 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.

“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,” says Doctor Drucker.

They discussed the world economy, the Japanese economy, and the direction in which Mr. Ito should be planning.

“He credits me, quite undeservedly, with a lot of his success,” says Doctor Drucker.

Foreign example, Ito-Yokado is organized as a number of individual companies, each with its own area of focus, such as supermarkets, convenience stores, and women's department stores.

Masatoshi Ito

Founder and board member of the Ito-Yokado Group.
Country: Japan

Content:
  1. Biography of Masatoshi Ito
  2. The Ito-Yokado Group
  3. Partnership with Peter Drucker
  4. Leading Retail Enterprise in Japan
  5. Success and Wealth

Biography of Masatoshi Ito

Masatoshi Ito is the founder and honorary board member of the "Ito-Yokado Group" company.

Its main competitor is the "AEON" company, which holds 12% of the supermarket market share in Japan. “He says that I advised him against expanding any of these ventures too much, keeping medium size but large enough so it can have its own management and be autonomous, and that’s been phenomenally successful,” says Doctor Drucker. “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,” says Dr. Drucker. Ito-Yokado is also the Japanese franchisee for Oshman’s sporting goods stores, Robinson’s department stores, and Denny’s restaurants. “ I admire Mr. Ito as one of the world’s outstanding entrepreneurs and business builders,” says Doctor Drucker.

“He has developed an outstanding corps of seasoned senior executives—superior to any I know.

In my judgment, Mr.

Ito represents both the entrepreneur and the professional executive at their very, very best.”

Mr. It is also the Japanese representative of Oshman's sporting goods stores, Robinsons supermarkets, and Denny's restaurants. They discussed the world economy, the Japanese economy, and the direction in which Mr. Ito should be planning. “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,” says Dr. Drucker.

Born
1925
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on July 23, 2013

Masatoshi Ito

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伊藤 雅俊

entrepreneur

Masatoshi Itō is a Japanese billionaire businessman.

Career

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 stores—department stores, restaurants, specialty shops, supermarkets, and superstores. Recently the company has begun opening superstores in China.

The relationship between Peter Drucker and Masatoshi Ito goes back three decades.

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 women’s department stores. Their relationship goes back a long way, and whenever they meet, they enjoy discussing the economy of their country and the development of their companies.

Its numerous supermarkets are located throughout the country, with two-thirds of them situated in the Kanto region, which includes Tokyo and Yokohama. 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 stores—department stores, restaurants, specialty shops, supermarkets, and superstores.

Among its stores, eleven are located in Japan, while 5,800 are in North America. The Ito-Yokado Groupincludes more than 10,000 7-Eleven stores in Japan and 5,800 in North America, along with 1,000 other stores—department stores, restaurants, specialty shops, supermarkets, and superstores.