Japan’s Seiyu has announced that its parent, US retail giant Wal-Mart, is gearing up for expansion in the Japanese market with the establishment of a holding company to prepare for M&As and expansion of operations.

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The holding company now controls Seiyu’s 387 Seiyu supermarkets and 271 Seiyu GMSs (food & general merchandise stores).


Since taking full control of Seiyu last year Wal-Mart has indicated it will be going after competitors in Japan for M&As this year.


“The decision will continue to strengthen Wal-Mart’s presence in the second-largest retail market in the world,” Wal-Mart said.


Any future additions to the Seiyu family are expected to become subsidiaries of the holding company, which is wholly owned by the US retailer. 

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