Announcement of Establishment of New Company in the Socialist Republic of Vietnam

Tokyo, 20 February 2019


Company name Ryohin Keikaku Co., Ltd.
Representative Satoru Matsuzaki
President & Representative Director
TSE 1st Section 7453:JP
Contact PR & Sustainability Department
Tel. +81-3-3989-4410



Announcement of Establishment of New Company
in the Socialist Republic of Vietnam

Ryohin Keikaku Co., Ltd. (Tokyo, Japan; Satoru Matsuzaki, President & Representative Director;
hereafter RKJ) announced today that the Board of Directors has resolved the establishment of a
subsidiary, MUJI Vietnam Limited Liability Company, in the Socialist Republic of Vietnam (hereafter
Vietnam) for further business development.


■ Purpose
Among all the fast-developing ASEAN countries, Vietnam has the third largest population and is
undergoing rapid economic development. From our business’ point of view, it is one of the major
markets in ASEAN, with the estimated real GDP growth of 7.1%* in 2018. RKJ has therefore decided to
establish a new company in Vietnam.
We expect that our experience and know-how in the global market would help in running the stores that
serves everyday living and increases MUJI fans in the area.
*data source: General Statistics Office of Vietnam 2018


■ About the Company (plan)
Name: MUJI Limited Liability Company
Headquarters: Ho Chi Minh City, Vietnam
Representative: (to be decided)
Business: Management of MUJI stores in Vietnam
Ownership: RKJ 100%
Establishment: August, 2019 (planned)
Operation start: Spring, 2020 (planned opening date of the first store in Ho Chi Minh City)