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Fast Retailing Co Ltd to Establish Joint Venture with Mitsubishi Corp

Tuesday, 12 Feb 2013 06:45pm EST 

Fast Retailing Co Ltd announced that it has decided to establish an Indonesia-based joint venture named PT. FAST RETAILING INDONESIA, which will be engaged in the sale of UNIQLO casual clothes in Indonesia, with Mitsubishi Corp. Fast Retailing and Mitsubishi Corp will each hold a 75% and 25% stake in the joint venture.