Starbucks Corp. (SBUX) is exploring strategic options for its Japan business, including a potential stake sale, Bloomberg reported Wednesday citing people familiar with the matter.
The company has held preliminary discussions with investment banks as it evaluates alternatives for one of its largest international markets, the report quoted people as saying.
The review comes close on the heels of Starbucks closing the sale of a 60% stake in its China business to private equity firm Boyu Capital in April. Japan is one of the company's largest markets, with about 2,100 stores, most of which are directly operated.
On Tuesday, Starbucks shares closed at $97.41, up 2.73%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.