JINS HOLDINGS Inc.
【JINS Holdings】Completion of Philippine Business Acquisition｜July 2026
JINS Holdings has completed the acquisition of the eyewear retail business through its Philippine subsidiary and aims for future business expansion.
Key Figures
- Acquisition Cost: 115.76 million Philippine Pesos (approximately 300 million yen)
- Acquisition Date: July 31, 2026
- Number of Stores in the Acquired Business: 8 stores
AI要約
Overview of the Business Acquisition
JINS Holdings acquired the eyewear retail business from Suyen Corporation in the Philippines and completed its direct management. The acquisition cost was approximately 300 million yen, and the acquisition date is July 31, 2026. The acquired business operates 8 stores, and further expansion is expected. Although the acquisition does not meet the criteria for timely disclosure, it has been voluntarily disclosed as important information.
Future Outlook and Impact
This business acquisition is expected to have a minimal impact on JINS Holdings’ consolidated financial performance. Going forward, the company aims to expand eyewear sales in the Philippine market and strengthen its local business foundation. The acquisition will contribute to business scale expansion and revenue base strengthening as part of overseas expansion.
JINS Holdings Inc.
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