The company was acquired by H2O Retailing in 2014, making it a wholly owned subsidiary, to raise its profile in the Kansai region.
[1] It operates the Qanat department stores as well as separate Izumiya grocery stores mainly in Kansai region.
The first Izumiya department store vested abroad opened in November 2011 in Suzhou, Jiangsu province, China.
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