Seiyu Group
Seiyu Group (西友グループ) is a
Japanese operator of
supermarkets, shopping centers, and
department stores. It is also the second-largest retailer in the world in terms of stores owned, but ranks much lower by sales. In addition to its Japanese operations, Seiyu also has department stores operating under its name in
Singapore and
Hong Kong. The group used to directly operate its Singapore and Hong Kong stores, but in October 2005 its three Singapore stores were sold to
CapitaLand Limited,
which transferred them to
Beijing Hualian Group later the same year.
The group's Hong Kong store in
New Town Plaza,
Sha Tin was sold to
Sun Hung Kai Properties Limited in June 2005,
but like the stores in Singapore it continues to operate under the Seiyu name.
According to BusinessWeek Online
[http://www.businessweek.com/magazine/content/05_09/b3922073.htm],
Wal-Mart, the giant American retailer, bought a 37 percent stake in Seiyu in 2002, and according to a company press release
[http://www.walmartfacts.com/newsdesk/article.aspx?id=1386], in late 2005 Wal-Mart acquired a majority stake in the company.
|
Street musicians perform at a railway connected to this Seiyu store in Tokyo |
"Seiyu Group" refers to an association of companies, of which
The Seiyu, Ltd. is the parent company. The companies in Seiyu Group are:
*
The Seiyu, Ltd. (parent company)
*
Hokkaido Seiyu Co., Ltd.*
Tohoku Seiyu Co., Ltd.*
S.S.V. Inc.*
Kyusyu Seiyu Co., Ltd.*
Sunny Co., Ltd.*
Wakana Co., Ltd.*
Smile Corp.*
The SCC, Ltd.*
Nicoh Inc.*
Smis Co., Ltd.*
Seiyu Service Co., LtdThe shareholders of Seiyu Group are:
*
Wyoming Holding GmbH (38%) (a wholly owned subsidiary of
Wal-Mart)
*
Sumitomo Corporation (9%)
*
The Master Trust Bank of Japan, Ltd. (Trust account) 6%
*
Credit Saison Co., Ltd. 3.5%
*
Japan Trustee Services Bank, Ltd. (Trust account) 2.93%
*
The Nomura Trust and Banking Co., Ltd. (Trust account) 2.46%
*
JP Morgan Chase CREF Jasdec Lending Account 2.32%
*
The Chase Manhattan Bank GTS Clients Account Escrow 1.96%
*
Kyusyu Seiyu Co., Ltd. (a subsidiary of
The Seiyu, Ltd.)
*
Yoshinoya D&C Co., Ltd. 0.79%
*
Mizuho Corporate Bank, Ltd.*
Sumitomo Mitsui Banking Corporation *
The Chuo Mitsui Trust and Banking Co., Ltd.Company homepage
* http://www.seiyu.co.jp/ (In Japanese)
* http://www.seiyu.co.jp/english/ (In English)
Seiyu in Singapore
* http://www.seiyu.com.sg/
Seiyu in Hong Kong
* http://www.seiyu.com.hk/eng/home/default.asp (In English)
