Uni-President Enterprises Corp. and Muji Japan Come Together to Form Muji Taiwan
E030918X5 Oct. 2003(E47)
Uni-President Enterprises Corp. and Muji Japan will form a joint venture worth NT 300 millions to establish Muji Taiwan to expand the lifestyle product industry in Taiwan. Both parties plan to meet on the 25th to sign the contract, in which Uni-President will hold 51% of the shares, while Mitsubishi and Muji Japan 49%. In the early stages, Muji Taiwan’s operation team is to be appointed by 7-ELEVEn Uni-President. However, it is understood that from store locations, product introduction, developments, retail displays to marketing and other aspects will be closely supervised and supported by Muji Japan.