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M&A and Subsidiary Changes3046JINS HOLDINGS Inc.Retail

Notice Concerning the Business Transfer Acquired by Our Philippine Subsidiary

Our Philippine subsidiary will acquire the JINS-branded eyewear retail business in the Philippines (8 stores) from Suyen Corporation. As a result, the business will transition from a franchise model to a company-operated model.

Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
2.7
¥100 million
Wording
Conditional
How definitive the wording is.

This transaction

Name of transaction
CounterpartySuyen Corporation
Disclosing companyJINS HOLDINGS Inc.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Target 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 Philippines
Net SalesNot disclosed at the request of the counterparty
Operating profitNot disclosed at the request of the counterparty
Net income for the current fiscal yearNot disclosed at the request of the counterparty
Net assetsNot disclosed at the request of the counterparty
Consideration and expenses
Acquisition priceApproximately PHP 100 million (approximately ¥270 million)
Type of ConsiderationCash
Funding arrangementsCash on hand
Impact on Business Performance

The impact of this transaction on consolidated results for the fiscal year ending August 2026 will be minor.

Procedures and assumptions
Management structure after acquisitionDeepen our involvement in the business by transitioning it to a company-operated model
This transaction
ItemDetails
Transaction nameName of transaction
Counterparty nameSuyen Corporation
Business Description of the Subject CompanyEyewear 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 CompanyPhilippines
Net Sales of the Subject CompanyNot disclosed at the request of the counterparty
Operating Profit of the Subject CompanyNot disclosed at the request of the counterparty
Net Income of the Subject CompanyNot disclosed at the request of the counterparty
Net Assets of the Subject CompanyNot disclosed at the request of the counterparty
Acquisition priceApproximately PHP 100 million (approximately ¥270 million)
Type of ConsiderationCash
Funding arrangementsCash on hand
Impact on Business PerformanceThe impact of this transaction on consolidated results for the fiscal year ending August 2026 will be minor.
Date of board resolution24 April 2026
Contract Date24 April 2026 (scheduled)
Execution Date / Effective Date1 July 2026 (scheduled)
Management structure after acquisitionDeepen our involvement in the business by transitioning it to a company-operated model
Items this document does not state (16)
Name of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Business Transfer Acquired by Our Philippine Subsidiary | JINS HOLDINGS Inc. (3046) timely disclosure | Komori