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Seiyu expects to incur annual net loss for 6th straight year

TOKYO, Japan - Seiyu Ltd. Chief Executive Officer Edward James Kolodzieski said at a press conference in Tokyo on Aug. 14 that the Japanese retail unit of Wal-Mart Stores Inc. now expects a 5.9 billion yen group net loss for its current business year to Dec. 31 for a sixth consecutive year of red ink.

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Seiyu admits faking credentials for workers

TOKYO, Japan - Takeshi Kamigochi (L), executive officer and senior vice president of Seiyu GK, and Ryo Kanayama, executive officer and senior vice president of the company, bow during a press conference in Tokyo on Nov. 6, 2012, in which they apologized for falsifying the work experience of its workers so that they could take qualification examinations as pharmaceutical sales clerks.

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Seiyu CEO Dacus

TOKYO, Japan - Steve Dacus, chief executive officer of supermarket chain operator Seiyu GK, is interviewed in Tokyo's Kita Ward on Aug. 22, 2012.

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Akihabara voice actor cafe

TOKYO, Japan - A staff member of Seiyu Cafe (voice actor cafe) reads lines in the voice of an anime character at the cafe in Akihabara, Tokyo, on Aug. 31, 2011. All staff members are professional voice actors. Customers can ask them to read lines from a character of their choosing.

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New Seiyu CEO

TOKYO, Japan - File photo shows Steve Dacus from the United States, who replaced Toru Noda as chief executive officer of major Japanese supermarket chain Seiyu GK, a wholly owned arm of Wal-Mart Stores Inc., on June 20, 2011.

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Seiyu to launch aggressive price-cutting campaign to spur sales

TOKYO, Japan - Ed Kolodzieski, chief executive officer of supermarket operator Seiyu Ltd., speaks during an interview with Kyodo News at Seiyu's headquarters in Tokyo's Kita Ward on Nov. 28. Kolodzieski said his company is aiming to extend 24-hour operations from 80 percent of its stores at present to all of its stores nationwide.

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Wal-Mart to launch tender offer for Seiyu

TOKYO, Japan - Brett Biggs (L), Wal-Mart Stores Inc.'s senior vice president, and Ed Kolodzieski, chief executive officer of Seiyu Ltd., pose for photographers at a news conference in Tokyo on Oct. 22 where Wal-Mart, the parent company of Seiyu, announced it will launch a tender offer for Seiyu and turn the struggling Japanese supermarket chain into a wholly owned subsidiary. Seiyu became a Wal-Mart subsidiary in December 2005 and is now owned 50.94 percent by Wal-Mart.

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Seiyu resumes sales of U.S. beef before other major retailers

TOKYO, Japan - U.S. Ambassador to Japan Thomas Schieffer checks out U.S. beef at the Seiyu supermarket in Kinshicho, Tokyo on March 29 as part of a U.S. campaign to promote the sales of American beef. Seiyu, which is under the control of U.S. WalMart Stores Inc., resumed selling U.S. beef on March 29, the first major retailer in Japan to do so since the import ban was lifted last July.

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Seiyu resumes sales of U.S. beef before other major retailers

TOKYO, Japan - U.S. Ambassador to Japan Thomas Schieffer checks out U.S. beef at the Seiyu supermarket in Kinshicho, Tokyo on March 29 as part of a U.S. campaign to promote the sales of American beef. Seiyu, which is under the control of U.S. WalMart Stores Inc., resumed selling U.S. beef on March 29, the first major retailer in Japan to do so since the import ban was lifted last July.

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Seiyu appoints Wal-Mart official as chief exec.

TOKYO, Japan - Japanese retailer Seiyu Ltd. on Nov. 2 announced the appointment of Edward Kolodzieski (in handout photo), senior vice president and chief operating officer of Wal-Mart International, as president and chief executive officer. Seiyu is soon to become a subsidiary of the U.S. retail chain Wal-Mart Stores Inc.

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Seiyu to carry U.S. Olsen twins clothing line

TOKYO, Japan - A clothing line (shown) associated with Hollywood celebrity twins Mary-Kate and Ashley Olsen will be sold at 90 supermarkets in Japan operated by Seiyu Ltd. starting in August, Seiyu and U.S. partner Dualstar Entertainment Group said Feb. 3.

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Seiyu to cut 1,600 jobs to streamline operations

TOKYO, Japan - Seiyu Ltd. President Masao Kiuchi speaks at a press conference in Tokyo on Jan. 16. He said the supermarket chain operator it will cut up to 1,600 jobs in its group workforce through a voluntary retirement program in a bid to streamline operations.

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Seiyu accepts 5 Wal-Mart execs as board members

TOKYO, Japan - Seiyu Ltd. President Masao Kiuchi (R) speaks at a news conference in Tokyo on March 26, flanked by Jeff McAllister, senior vice president and chief operating officer of Wal-Mart International. McAllister is one of five Wal-Mart representatives appointed to Seiyu's board of directors. Wal-Mart became the largest shareholder of Seiyu in December 2002 by buying new shares issued by Seiyu to take an equity stake of 37.7%.

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Wal-Mart to become biggest shareholder of Seiyu

TOKYO, Japan - John Menzer (L), president and chief executive officer of Wal-Mart International, and Seiyu Ltd. President Masao Kiuchi attend a news conference in Tokyo on Dec. 12 as the U.S. retailer Wal-Mart Stores Inc. will become the largest shareholder of Seiyu.

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Firm selling thalidomide ordered to recall

KOBE, Japan - Photo taken Nov. 5 shows a factory run by Maruni Seiyu, an Osaka-based pharmaceutical firm, which was found to have sold thalidomide, a drug still used in some cancer treatment despite a 1962 ban, without authorization. The Hyogo prefectural government ordered the company to recall the product.

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Seiyu, Wal-Mart agree to form comprehensive alliance

TOKYO, Japan - Masao Kiuchi (R), president of Seiyu Ltd., Charles Holley (C), senior vice president and chief financial officer of Wal-Mart Stores Inc., and Fumio Wada, vice president of Sumitomo Corp., join hands at a news conference at a hotel in Tokyo on March 14. Japan's supermarket chain operator Seiyu and the world's largest retailer, Wal-Mart, have agreed to form a comprehensive alliance. Under the agreement, trading house Sumitomo, Seiyu's largest shareholder, will increase its stake in Seiyu.

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Automated delivery robot

Merchandise is loaded onto a delivery robot in the Ibaraki Prefecture city of Tsukuba, eastern Japan, on May 26, 2022, for media demonstration two days ahead of the start of a delivery service on a commercial basis by Japanese online shopping giant Rakuten Inc. and other companies. The service is available every Saturday until the end of July for local residents who place orders online with a Seiyu supermarket store in the city.

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Automated delivery robot

Merchandise is loaded onto a delivery robot in the Ibaraki Prefecture city of Tsukuba, eastern Japan, on May 26, 2022, for media demonstration two days ahead of the start of a delivery service on a commercial basis by Japanese online shopping giant Rakuten Inc. and other companies. The service is available every Saturday until the end of July for local residents who place orders online with a Seiyu supermarket store in the city.

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Automated delivery robot

A merchandise delivery robot runs on a promenade in the Ibaraki Prefecture city of Tsukuba, eastern Japan, on May 26, 2022, for media demonstration two days ahead of the start of a delivery service on a commercial basis by Japanese online shopping giant Rakuten Inc. and other companies. The service is available every Saturday until the end of July for local residents who place orders online with a Seiyu supermarket store in the city.

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Seiyu appoints Wal-Mart official as chief exec.

TOKYO, Japan - Japanese retailer Seiyu Ltd. on Nov. 2 announced the appointment of Edward Kolodzieski (in handout photo), senior vice president and chief operating officer of Wal-Mart International, as president and chief executive officer. Seiyu is soon to become a subsidiary of the U.S. retail chain Wal-Mart Stores Inc. (Kyodo)

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Seiyu resumes sales of U.S. beef before other major retailers

TOKYO, Japan - U.S. Ambassador to Japan Thomas Schieffer checks out U.S. beef at the Seiyu supermarket in Kinshicho, Tokyo on March 29 as part of a U.S. campaign to promote the sales of American beef. Seiyu, which is under the control of U.S. WalMart Stores Inc., resumed selling U.S. beef on March 29, the first major retailer in Japan to do so since the import ban was lifted last July. (Kyodo)

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Seiyu resumes sales of U.S. beef before other major retailers

TOKYO, Japan - U.S. Ambassador to Japan Thomas Schieffer checks out U.S. beef at the Seiyu supermarket in Kinshicho, Tokyo on March 29 as part of a U.S. campaign to promote the sales of American beef. Seiyu, which is under the control of U.S. WalMart Stores Inc., resumed selling U.S. beef on March 29, the first major retailer in Japan to do so since the import ban was lifted last July. (Kyodo)

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Seiyu expects to incur annual net loss for 6th straight year

TOKYO, Japan - Seiyu Ltd. Chief Executive Officer Edward James Kolodzieski said at a press conference in Tokyo on Aug. 14 that the Japanese retail unit of Wal-Mart Stores Inc. now expects a 5.9 billion yen group net loss for its current business year to Dec. 31 for a sixth consecutive year of red ink. (Kyodo)

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Wal-Mart to launch tender offer for Seiyu

TOKYO, Japan - Brett Biggs (L), Wal-Mart Stores Inc.'s senior vice president, and Ed Kolodzieski, chief executive officer of Seiyu Ltd., pose for photographers at a news conference in Tokyo on Oct. 22 where Wal-Mart, the parent company of Seiyu, announced it will launch a tender offer for Seiyu and turn the struggling Japanese supermarket chain into a wholly owned subsidiary. Seiyu became a Wal-Mart subsidiary in December 2005 and is now owned 50.94 percent by Wal-Mart. (Kyodo)

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Seiyu to launch aggressive price-cutting campaign to spur sales

TOKYO, Japan - Ed Kolodzieski, chief executive officer of supermarket operator Seiyu Ltd., speaks during an interview with Kyodo News at Seiyu's headquarters in Tokyo's Kita Ward on Nov. 28. Kolodzieski said his company is aiming to extend 24-hour operations from 80 percent of its stores at present to all of its stores nationwide. (Kyodo)

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Seiyu, Wal-Mart agree to form comprehensive alliance

TOKYO, Japan - Masao Kiuchi (R), president of Seiyu Ltd., Charles Holley (C), senior vice president and chief financial officer of Wal-Mart Stores Inc., and Fumio Wada, vice president of Sumitomo Corp., join hands at a news conference at a hotel in Tokyo on March 14. Japan's supermarket chain operator Seiyu and the world's largest retailer, Wal-Mart, have agreed to form a comprehensive alliance. Under the agreement, trading house Sumitomo, Seiyu's largest shareholder, will increase its stake in Seiyu.

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Seiyu accepts 5 Wal-Mart execs as board members

TOKYO, Japan - Seiyu Ltd. President Masao Kiuchi (R) speaks at a news conference in Tokyo on March 26, flanked by Jeff McAllister, senior vice president and chief operating officer of Wal-Mart International. McAllister is one of five Wal-Mart representatives appointed to Seiyu's board of directors. Wal-Mart became the largest shareholder of Seiyu in December 2002 by buying new shares issued by Seiyu to take an equity stake of 37.7%. (Kyodo)

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Firm selling thalidomide ordered to recall

KOBE, Japan - Photo taken Nov. 5 shows a factory run by Maruni Seiyu, an Osaka-based pharmaceutical firm, which was found to have sold thalidomide, a drug still used in some cancer treatment despite a 1962 ban, without authorization. The Hyogo prefectural government ordered the company to recall the product. (Kyodo)

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Automated delivery robot

A delivery robot runs on a public road in Yokosuka near Tokyo on March 23, 2021, marking the launch of an automated merchandise delivery service on a commercial basis by Japanese online shopping giant Rakuten Inc. and supermarket chain operator Seiyu GK. The free service is available on every Tuesday and Thursday until April 22 for residents who place orders with a local Seiyu store.

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Akihanara voice actor cafe

TOKYO, Japan - A staff member of Seiyu Cafe (voice actor cafe) reads lines in the voice of an anime character at the cafe inn Akihabara, Tokyo, on Aug. 31, 2011. All staff members are professional voice actors. Customers can ask them to read lines from a character of their choosing. (Kyodo)

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New Seiyu CEO

TOKYO, Japan - File photo shows Steve Dacus from the United States, who replaced Toru Noda as chief executive officer of major Japanese supermarket chain Seiyu GK, a wholly owned arm of Wal-Mart Stores Inc., on June 20, 2011. (Kyodo)

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Walmart to sell majority stake in Seiyu supermarkets to KKR, Rakuten

Photo taken Nov. 16, 2020, shows a Seiyu supermarket in Hiratsuka, eastern Japan. U.S. retail giant Walmart Inc. plans to sell a majority stake in its wholly owned Japanese supermarket unit Seiyu GK to American investment company KKR & Co. and Japanese e-commerce firm Rakuten Inc. in a 172.5 billion yen ($1.6 billion) deal.

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Rakuten and Seiyu to start drone delivery service

A drone operated by Japanese online shopping giant Rakuten Inc. departs from a Seiyu supermarket chain store in Yokosuka near Tokyo on June 17, 2019, delivering products to the uninhabited island of Sarushima (background, R). Rakuten and Seiyu announced the same day a three-month experimental drone delivery service from July to deliver food and beverages to the island for tourists. (Kyodo) ==Kyodo

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Rakuten and Seiyu to start drone delivery service

A drone operated by Japanese online shopping giant Rakuten Inc. arrives at Sarushima, an uninhabited island off Yokosuka, near Tokyo, on June 17, 2019. Rakuten and supermarket chain Seiyu announced the same day a three-month experimental drone delivery service from July to deliver food and beverages from a Seiyu store in Yokosuka to the island for tourists. (Kyodo) ==Kyodo

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Seiyu CEO Desclee

Seiyu GK CEO Lionel Desclee speaks at a news conference in Tokyo on March 18, 2019. (Kyodo) ==Kyodo

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New CEO of both Walmart Japan and Seiyu

Undated photo shows Lionel Desclee who will become chief executive officer of both Walmart Japan Holdings and Seiyu GK on March 15, 2019. Walmart Japan's interim CEO Mitchell Slape will return to the U.S. parent company. (Kyodo) ==Kyodo

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Seiyu logo

File photo taken July 12, 2018, in Tokyo shows supermarket chain Seiyu's logo. (Kyodo) ==Kyodo

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Walmart to sell Japanese supermarket unit Seiyu

Photo taken on July 12, 2018, shows the head office of Japanese supermarket chain operator Seiyu GK in Tokyo with the logo of its U.S. parent Walmart Inc. (Kyodo) ==Kyodo

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Walmart to sell Japanese supermarket unit Seiyu

Photo taken on July 12, 2018, shows the head office of Japanese supermarket chain operator Seiyu GK in Tokyo with the logo of its U.S. parent Walmart Inc. (Kyodo) ==Kyodo

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Seiyu to carry U.S. Olsen twins clothing line

TOKYO, Japan - A clothing line (shown) associated with Hollywood celebrity twins Mary-Kate and Ashley Olsen will be sold at 90 supermarkets in Japan operated by Seiyu Ltd. starting in August, Seiyu and U.S. partner Dualstar Entertainment Group said Feb. 3. (Kyodo)

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Seiyu to cut 1,600 jobs to streamline operations

TOKYO, Japan - Seiyu Ltd. President Masao Kiuchi speaks at a press conference in Tokyo on Jan. 16. He said the supermarket chain operator it will cut up to 1,600 jobs in its group workforce through a voluntary retirement program in a bid to streamline operations. (Kyodo)

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Wal-Mart to become biggest shareholder of Seiyu

TOKYO, Japan - John Menzer (L), president and chief executive officer of Wal-Mart International, and Seiyu Ltd. President Masao Kiuchi attend a news conference in Tokyo on Dec. 12 as the U.S. retailer Wal-Mart Stores Inc. will become the largest shareholder of Seiyu. (Kyodo)