In 2002, Walmart acquired a 6.1% stake in Seiyu. In 2005, we acquired a majority interest in Seiyu, making Seiyu a Walmart subsidiary, and in 2007, we increased our ownership stake of Seiyu from 50.9% to 95.1%. After acquiring the remaining shares, Seiyu became a wholly owned subsidiary in 2008.
The president and CEO of Seiyu is Steve Dacus. Seiyu's headquarters are located in Tokyo.