Starbucks Reportedly Weighs Selling Majority Stake in Japan Business

Starbucks is considering selling a majority stake in its Japan operations, according to people familiar with the matter cited by Reuters.

The potential deal, which sources said could be worth around $3 billion, would involve Japan, described as Starbucks' largest overseas market operated directly by the company rather than through franchises or licensees.

Reuters reported that discussions are at an early stage, according to the sources, and did not name specific potential buyers or provide further details on the structure of a possible transaction.

Starbucks has not publicly commented on the report. CNBC, which relayed the Reuters report, did not provide additional confirmation from the company.

Japan represents a significant part of Starbucks' international footprint, where the company has operated stores directly rather than relying on third-party licensing arrangements common in some other markets.

It remains unclear what might prompt Starbucks to reduce its ownership stake in the market, and the company has not disclosed any timeline for a potential decision.