Ryohin Keikaku : MUJI Releases English Version of Integrated Report, "MUJI REPORT 2023"
May 15, 2024 at 09:08 pm EDT
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MUJI Releases English Version of Integrated Report, "MUJI REPORT 2023"
2024.05.16
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Ryohin Keikaku Co., Ltd. (Bunkyo-ku, Tokyo / President: Nobuo Domae) has released the English version of its integrated report, "MUJI REPORT 2023" (80 pages), which includes both financial and non-financial information. The Japanese version was published on March 13, 2024, and the English version is now available on the company's website.
The purpose of this report is to clearly communicate the Company's roadmap towards 2030 and its priority initiatives to all stakeholders, including shareholders and investors, as the Company moves forward with its "Second Founding" to realize a better future in the next 100 years.
The business strategies of Ryohin Keikaku, which aims to be a leader in ESG management, are aligned with the four ESG material issues identified by the Company. Based on its corporate philosophy and mission, the Company presents its goals, management policies, and business conditions for medium- and long-term value enhancement from both financial and non-financial perspectives.
Through this report, the Company seeks to bolster long-term corporate value by deepening stakeholders' understanding of its corporate activities, fostering dialogue, and integrating stakeholders' opinions into its corporate endeavors.
For more information, please refer to the Sustainability page on the Company's website.
[Main Contents of MUJI REPORT 2023]
Introduction
The Company provides a concise overview of its evolution over the past 43 years since the inception of MUJI, including the expansion of its business activities, financial and non-financial highlight data, and the expansive network of its global group.
Enhancing Our Corporate Value
Through a message from the Chairman, the Company explains the society it aims to create based on MUJI's origins and the concept of its "Second Founding."
Additionally, the Company introduces a revamped system aimed at accelerating ESG management through core business operations.
Message from the President
The president explains the elements of product development that are particularly focused on, along with the progress of the six priority issues to achieve the goals of the Medium-Term Business Plan. Additionally, the new business model aimed at creating a "Truthful and Sustainable Life for All" is introduced.
Features
The challenges and specific initiatives in priority areas (global product development, sales activities (stores), IT strategy, financial strategy, etc.) aimed at enhancing the corporate value are explained in the messages from the directors in charge.
Business Strategies
Aligned with the belief that ESG management is integral to core operations, the Company presents its business strategies aligned with the four ESG material issues. Various aspects such as product strategy, store strategy, human resource strategy, and initiatives for resource recycling are discussed.
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PR Department, PR & IR & ESG Division
RYOHIN KEIKAKU CO., LTD.
Tokyo, JAPAN
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RYOHIN KEIKAKU CO., LTD. is a Japan-based company mainly engaged in sale of products under the brands of Mujirushi Ryohin and MUJI. The Company has four segments including Domestic segment, East Asia segment, Europe and Americas segment as well as Southwest Asia and Oceania segment. The Domestic segment is engaged in sale and supplement, the operation of camp sites, house sale and distribution processing business. The rest three overseas segments are mainly engaged in sale business. Other business includes products procurement of MUJI brand. On Mujirushi Ryohin brand and MUJI brand, the main business includes design, development, procurement, distribution and processing of products, retailing business at directly managed stores and supply of products to business partners who operate specialty stores of Mujirushi and MUJI brands. The Company is also involved in food and beverage sale under Cafe&Meal MUJI brand, the operation of camp sites, sale of houses and sale of IDEE brand products.