Message from the President

Our goal is to become an eyewear brand that enriches the lives of people around the world and contribute to further development of Sabae's eyewear industry.

Our company was established in 2021 as a holding company that integrates two brands: Kaneko Optical, which was founded as Kaneko Optical Co., Ltd. in 1958, and Four Nines, which founded the 999.9 brand in 1995.
Both brands are eyewear brands that mainly sell mid to high-priced glasses. As of the end of January 2025, Kaneko Optical sells its products through 90 directly managed stores in Japan and overseas, while Four Nines sells its products through 20 directly managed stores in Japan and overseas, as well as through many official retailers.

We are strongly committed to manufacturing our eyeglass frames in Sabae City, Fukui Prefecture, one of the world's three largest eyewear production sites. In particular, Kaneko Optical has a total of four factories in Sabae City, and has built a consistent development process from the planning stage through to designing and manufacturing eyeglass frames, making it a rare presence in the industry. This strong commitment has successfully won high evaluation by our customers both in Japan and overseas, thus our business performance remains steady.

In March 2025, we announced our long-term vision, "Share Japanese traditional craftsmanship and innovation with the world." Craftsmanship is the act of making each pair of glasses carefully and wholeheartedly, with pure passion and uncompromising spirit, which is a solid starting point of the JEH Group. All employees strive to create value through eyewear, with craftsmanship in mind, transcending the boundaries between "manufacturer" and "retailer". Sharing traditional craftsmanship and innovation with the world has been JEH Group's strong will since its founding, and by realising this vision, we aim to become a global eyewear company loved by people all over the world. In the mid-term five-year plan announced at the same time as the long-term vision, we set a goal of achieving sales of 28 billion yen and operating profit of 10 billion yen in the fiscal year ending January 2030, which is the final year of the five-year plan. We expect that sales to overseas customers would account for 45% or more of the 28-billion-yen total sales.

Along with expanding our business, we will continue to provide sufficient returns to shareholders. Regarding dividends, we will implement a flexible dividend policy while considering growth investment opportunities, cash and deposit balances, etc., with a dividend payout ratio of 40% of consolidated net income as a guideline. We will also actively consider share buybacks, taking into account the improvement in the liquidity of our shares.

Our management philosophy is
"To inspire the world through eyewear,
to add to the world's cultural richness,
and to share our prosperity with all our contributors."
Always true to these words, our team produces and sells glasses of high customer satisfaction.

We would like to thank you, all stakeholders, for your continued support and encouragement.

Japan Eyewear Holdings Co., Ltd.
President
Shinya Kaneko

Investor Relations