Seiyu Group

Seiyu Group

] 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 Japan Isn't Buying The Wal-Mart Idea ] ] , 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 Wal-Mart - Facts & News ] ] , in late 2005 Wal-Mart acquired a majority stake in the company which it has since increased to 95% ownership [ [http://www.bloomberg.com/apps/news?pid=20601101&sid=ariea99VGt5o&refer=japan Bloomberg.com: Japan ] ] with the possibility of 100% ownership in the near future.

Group companies

"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.
*Kyushu Seiyu Co., Ltd.
*Sunny Co., Ltd.
*Wakana Co., Ltd.
*Smile Corp.
*The SCC, Ltd.
*Nicoh Inc.
*Nijicom Ltd.
*Smis Co., Ltd.
*Seiyu Service Co., Ltd

hareholders

The shareholders of Seiyu Group are: [cite web | url=http://www.seiyu.co.jp/english/pdf/annual/2005/all.pdf | title=Seiyu Group 2005 annual report | accessdate=2006-03-25 | format=PDF]
*Wyoming Holding GmbH (53%) (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%

Main Creditors

*Mizuho Corporate Bank, Ltd.
*Sumitomo Mitsui Banking Corporation
*The Chuo Mitsui Trust and Banking Co., Ltd.

References

External links

Company homepage

*ja icon http://www.seiyu.co.jp/
*en icon http://www.seiyu.co.jp/english/


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