Purpose

Switzerland, known for its permanent neutrality, is geographically a landlocked country in west-central Europe with the total area of 41,285 km2 (comparable to Kyushu, the third largest island in Japan). It has a population 8.42 million* which grew by 11.6%* in 10 years until 2015 through continuous inflow. From the retail's point of view it is one of the growing markets among the most developed countries in the world, with the second* highest per capita GDP (nominal) and estimated annual growth rate of 1.8%* in 2018. RKJ and MEH have therefore decided to enter into this attractive market.

We expect that our experience and know-how in the European market would help in running stores that serves everyday living and increases MUJI fans in the area.

*data source: IMF

About the Company (plan)

Name:

MUJI Switzerland AG

Headquarters:

Zurich, Switzerland

Representative:

Takuo NAGAHARA (MEH Managing Director)

Capital:

100,000 Swiss Franc

Ownership:

MEH 100％

Establishment:

January, 2019

Business:

Management of MUJI stores in Switzerland

Operation start:

October, 2019 (planned opening date of the first store in Zurich)