Our Philippine subsidiary plans to acquire the JINS brand eyewear sales business (8 stores) in the Philippines from Suyen Corporation for approximately 270 million 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Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3046-20260424-01.pdf","jir_short_summary":"Our Philippine subsidiary plans to acquire the JINS brand eyewear sales business (8 stores) in the Philippines from Suyen Corporation for approximately 270 million yen.","jir_summary":"### Overview of Business Acquisition\nJINS Philippines Inc., the Philippine subsidiary of JINS Holdings, Inc., has resolved to acquire the JINS branded eyewear sales business (8 stores) in the Philippines from Suyen Corporation for approximately 100 million Philippine pesos (approx. 270 million yen). The acquisition is scheduled for July 1, 2026, with payment to be made from cash on hand. The acquisition price may fluctuate depending on the value of inventory and other factors.\n\n### Outlook and Impact\nThrough this acquisition, the Company aims to directly operate and rapidly expand its business in the Philippines. The impact on consolidated financial results for the fiscal year ending August 2026 is expected to be minor. Sales, profits, and other details related to the acquired business are undisclosed at the request of the seller, but it is clarified that the scale is minor relative to consolidated financials.","jir_financial_highlights":"Acquisition Price: Approximately 100 million Philippine pesos (approx. 270 million yen) (Unknown)\nNumber of Acquired Stores: 8 stores (Unknown)\nBusiness Acquisition Date: Scheduled for July 1, 2026 (Unknown)","jir_category":"","jir_hashtags":"#JINSHoldings, #M&A, #PhilippineBusiness","jir_key_figures":"Acquisition Price: Approximately 100 million Philippine pesos (approx. 270 million yen)\nNumber of Acquired Stores: 8 stores\nBusiness Acquisition Date: Scheduled for July 1, 2026","jir_meta_title":"[JINS Holdings] Announces Acquisition of Philippine Business\uff5cApril 2026","jir_meta_description":"JINS Holdings' Philippine subsidiary plans to acquire 8 JINS branded eyewear sales stores from Suyen Corporation for approx. 270 million yen. Business acquisition expected to commence July 2026.","jir_og_title":"[JINS Holdings] Announces Acquisition of Philippine Business\uff5cApril 2026","jir_og_description":"JINS Holdings acquires eyewear sales business in the Philippines for approx. 270 million yen, promoting direct operation and aiming for business expansion locally.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9342,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-42531","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n