MUJI PHILIPPINES CORP. Joint Venture established

Ryohin Keikaku Co., Ltd. (Tokyo, Japan; Satoru Matsuzaki, President & Representative Director; hereafter RKJ) has announced today that further to the news release* on January 20, 2017, a joint venture was duly established in Republic of the Philippines as follows:

About Joint Venture

Name MUJI PHILIPPINES CORP.
Headquarters 5/F Midland Buendia Building 403 Sen. Gil Puyat Avenue, Makati City, Philippines 1200
Representative Katsutoshi SUZUKI
Purpose Operation of MUJI retail outlets in Republic of the Philippines
Capital 3 million USD
Ownership RKJ 49%, SSI** 51%
Establishment February 1, 2017
Operation start April 1, 2017

* News Release:

"Agreement for Joint Venture in the Philippines"
dated January 20, 2017
https://ryohin-keikaku.jp/eng/news/2017_0120_e.html

** Stores Specialists Inc.:

a member of the Rustan's Group of Companies and the exclusive franchisee of some of the finest international brands in fashion and lifestyle.

For media enquiry, please contact:
Ryohin Keikaku Co., Ltd.
Corporate Planning Office
Tel: +81 3 3989 4410