Topvalu

Topvalu is owned by AEON Co., Ltd., headquartered in Japan. No. The ultimate owner of Topvalu, AEON Co., Ltd., is headquartered in Japan, not in the United States.

Aeon Co., Ltd. is a major Japanese retail holding company and the parent of the Aeon Group. It is the largest retailer in Asia, operating a vast network of supermarkets, shopping malls, and specialty stores.