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
** 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.
PR Department, PR & IR & ESG Division
RYOHIN KEIKAKU CO., LTD.
Tokyo, JAPAN
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