Seiyu Group
 |
|
| Subsidiary | |
| Industry | Retail |
| Founded | 1946 |
| Headquarters | Akabane, Kita, Tokyo |
|
Number of locations
|
342 (December 31, 2016) |
|
Key people
|
Takeshi Kamigouchi (CEO) |
| Products | Grocery, general merchandise |
| Revenue | see Walmart |
| Parent | Walmart |
| Website | seiyu |
Seiyu GK (合同会社西友 Gōdō Gaisha Seiyū?) or Seiyu Group (西友グループ Seiyū Gurūpu?) is a Japanese group of supermarkets, shopping centers, and department stores owned by Wal-Mart Stores, Inc. Its head office is in Akabane, Kita, Tokyo.
The group was established in December 1946, and was formed in 1956 by Seibu Department Stores, a group company of Seibu Railway. In 1980, Seiyu launched its private brand Mujirushi-Ryōhin (commonly known as MUJI outside Japan). MUJI was transferred to Ryohin-Keikaku in 1990, and is no longer part of Seiyu.
On December 31, 2003, Seiyu and Walmart signed a partnership agreement in which Walmart would teach global supply chain practices.Numazu, Shizuoka was the site of the first Seiyu store using Walmart methods.
Walmart bought a 37 percent stake in Seiyu in 2002, and according to a company press release, in late 2005 Walmart acquired a majority stake in the company, which it has since increased to 100% ownership in 2008.
Previously, the company had a registered office in Higashi-Ikebukuro, Toshima, Tokyo.
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