Mitsubishi Corp exits its 25-year stake in MUJI's parent, doubling down on the operating tie-up instead
Mitsubishi Corp is giving up a 25-year shareholding in MUJI's parent company — while signing a broader operating tie-up on Lawson product development, overseas food and logistics the same week.
Mitsubishi Corporation has sold its entire stake in Ryohin Keikaku, the operator of MUJI, ending a shareholding relationship that dated back to 2001 — even as the two companies signed a new strategic business alliance the same week, according to Ryohin Keikaku's announcement.