This transaction
Name of transactionEyewear retail business operated by Suyen Corporation under a franchise agreement with us under the JINS brand in the Philippines (currently operating 8 stores)
The impact of this transaction on consolidated results for the fiscal year ending August 2026 will be minor.
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Counterparty name | Suyen Corporation |
| Business Description of the Subject Company | Eyewear retail business operated by Suyen Corporation under a franchise agreement with us under the JINS brand in the Philippines (currently operating 8 stores) |
| Location of the Subject Company | Philippines |
| Net Sales of the Subject Company | Not disclosed at the request of the counterparty |
| Operating Profit of the Subject Company | Not disclosed at the request of the counterparty |
| Net Income of the Subject Company | Not disclosed at the request of the counterparty |
| Net Assets of the Subject Company | Not disclosed at the request of the counterparty |
| Acquisition price | Approximately PHP 100 million (approximately ¥270 million) |
| Type of Consideration | Cash |
| Funding arrangements | Cash on hand |
| Impact on Business Performance | The impact of this transaction on consolidated results for the fiscal year ending August 2026 will be minor. |
| Date of board resolution | 24 April 2026 |
| Contract Date | 24 April 2026 (scheduled) |
| Execution Date / Effective Date | 1 July 2026 (scheduled) |
| Management structure after acquisition | Deepen our involvement in the business by transitioning it to a company-operated model |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To deepen our involvement in the business through the transition to a company-operated model and expand the business more rapidly in the Philippines.