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3611 Matsuoka News Story

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Brief: Matsuoka to set up JV Matsuoka Industries Indonesia

April 13(Reuters) - Matsuoka Corp  3611.T 
    
    * Says it will set up a JV Matsuoka Industries Indonesia,
which
will be engaged in apparel OEM manufacture, in May, with
partners 
    * Says the JV will be capitalized at $22 million, and the
company
will hold 51 percent stake in the JV  

    
    
    Source text in Japanese:https://goo.gl/jLsnux
    Further company coverage: 3611.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724;
Reuters Messaging: huafang.zhang.reuters.com@reuters.net))

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