2015.08.10

Ryohin Keikaku Subsidiary MUJI EUROPE HOLDINGS LTD. to Acquire Stock of OPPRO INVESTMENTS S.L. and Bracchium Retail Portugal, Limitada Both Firms to Become Subsidiaries of MUJI EUROPE HOLDINGS

Ryohin Keikaku Co., Ltd. (Tokyo, Japan; Satoru Matsuzaki, president and representative director) has announced that subsidiary MUJI EUROPE HOLDINGS LTD. (London, England Yukinori Katagi, managing director) signed a letter of intent on August 8 to acquire stock in OPPRO INVESTMENTS S.L. (Girona, Spain; Joaquin De Toca Andreu, managing director) and Bracchium Retail Portugal, Limitada (Lisbon, Portugal; Joaquin De Toca Andreu, managing director). Both firms are MUJI brand licensees, and the stock acquisition will make both firms subsidiaries of MUJI EUROPE HOLDINGS (sub-subsidiaries of Ryohin Keikaku).

1. Reasons for the Stock Acquisition

Beginning 2006 and 2010, OPPRO INVESTMENTS and Bracchium Retail entered into agreements to receive wholesale products and licenses from MUJI EUROPE HOLDINGS in Spain and Portugal, respectively. Although both entities are currently operating MUJI stores, the Ryohin Keikaku Group believes that this stock acquisition will lead to greater operating efficiency and improved brand strength as part of the Group's future management plans for Europe.

2. Overview of Company Acquiring Stock (MUJI EUROPE HOLDINGS LTD) (as of August 10, 2015)

Name	MUJI EUROPE HOLDINGS LTD.
Head Office	8‐12 Leeke Street WC1X 9HT London UK
Established	January 22, 2007
Name and Title of Representative	Yukinori Katagi, Managing Director
Principal Business	Management of the MUJI business in Europe
Paid-in Capital	￡18,276,000

3. Overview of the Subsidiary (OPPRO INVESTMENTS) Transferring Stock (as of August 10, 2015)

Name	OPPRO INVESTMENTS S.L.
Head Office	Calle Antoni Barnes I Gultresa,8　17005, Girona　SPAIN
Established	2005
Name and Title of Representative	Joaquin De Toca Andreu, Managing Director
Principal Business	MUJI store operations in Spain (six stores)
Paid-in Capital	€1,000,000
Consolidated Financial Results and Consolidated Financial Position of the Company for the Past Three Years
Fiscal Year	2012	2013	2014
Net Sales （1,000€）	7,030	7,169	6,677
Number of stores	5	5	6

4. Overview of the Subsidiary (Bracchium Retail) Transferring Stock (as of August 10, 2015)

Name	Bracchium Retail Portugal, Limitada
Head Office	Rua do Camo, 63 E 75, in Lisbon Portugal
Established	2010
Name and Title of Representative	Joaquin De Toca Andreu, Managing Director
Principal Business	MUJI store operations in Portugal (one store)
Paid-in Capital	€100,000
Consolidated Financial Results and Consolidated Financial Position of the Company for the Past Three Years
Fiscal Year	2012	2013	2014
Net Sales (1,000€)	1,158	1,193	1,209
Number of stores	1	1	1

5. Number of Shares to be Transferred

MUJI EUROPE HOLDINGS will acquire 100% of the stock of OPPRO INVESTMENTS and Bracchium Retail.

6. Future Outlook

This stock acquisition is not expected to have a material impact on the consolidated earnings of Ryohin Keikaku Co., Ltd.

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