Established in 1963, Seiyu is one of the largest supermarket chains in Japan. Walmart has been a proud investor in Seiyu since 2002. In 2008, the company became a wholly owned subsidiary of Walmart to further its ambition to become Japan’s leading omnichannel retailer through a focus on providing value, fresh produce and digital convenience.
Walmart announced a new ownership structure for Seiyu in November 2020, with KKR acquiring a 65% stake in the business, Rakuten acquiring a 20% stake and Walmart retaining a 15% interest. This enables Seiyu to take advantage of KKR, Rakuten and Walmart’s combined retail expertise and innovation as it accelerates its digital transformation to benefit customers, business partners and associates.
Walmart and Rakuten have collaborated since 2018, launching the popular Rakuten Seiyu Netsuper online grocery delivery service in Japan and Rakuten ebook service in the United States.
Walmart Japan President & CEO: Lionel Desclée
Seiyu operates retail chain stores nationwide from Hokkaido to Kyushu, selling food, apparel, general merchandise and other products. Sunny is also a part of Seiyu located only in Kyusyu area.
- Seiyu SupermarketFull assortment of foods and consumables with some general merchandise.
- Seiyu HypermarketFull range of products: food, consumables, general merchandise and apparel providing a one-stop shopping experience.
- Seiyu General MerchandiseA single store location in Tokyo, offering consumables and general merchandise; no food sold at this location.
Walmart Japan continually finds ways to establish itself as a leader within and beyond our stores. From our promise to create growth opportunities for associates, to the company’s investment in economic mobility for women and the younger generation, we’re helping people live better.
We continue to demonstrate our commitment to a sustainable tomorrow through the energy-efficient design of our stores and other facilities, while supporting the needs of the communities we serve through the donation of time and resources. The company’s longstanding financial support for local food banks, organizations offering postpartum care for mothers and more is complemented with associate volunteerism.
View our Environmental, Social & Governance Report to learn more about Walmart’s global initiatives.