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Starbucks announced Tuesday that it will take ownership of its Japanese joint venture. This Tokyo store is just one of the more than 1,000 Starbucks cafes in Japan.
Mike Siegel / The Seattle Times, 2002

Starbucks announced Tuesday that it will take ownership of its Japanese joint venture. This Tokyo store is just one of the more than 1,000 Starbucks cafes in Japan.

Starbucks to buy out Japanese partner for $913 million

Starbucks said Tuesday it will take full ownership of its Japanese joint venture for $913 million, buying out its longtime partner and increasing its presence in its second-largest market by store sales. The move comes as the Seattle coffee giant increasingly banks on international growth.

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