Walmart: No decision made to sell Japanese unit

HONG KONG: Walmart Inc said it’s committed to building its Japanese business, downplaying media reports that the retailing giant will sell its Seiyu chain.

“Walmart has not made a decision to sell Seiyu, we are not in any discussions with prospective buyers,” the company said in an emailed statement. “We continue to build our Japan business towards the future to meet the changing needs of customers there.”