JINS FY8/2026 Sales Rise 14% to ¥111 Billion as Overseas Profit Triples, but Operating Profit Slips 5%

Net sales rose 14.4% to ¥111,220 million in the year to August 31 as JINS opened 55 stores in Japan and 48 overseas and the overseas eyewear business grew 29.0%, nearly tripling its profit. Operating profit nonetheless fell 5.3% to ¥11,454 million as domestic segment profit dropped 18.6%, and net profit attributable to owners of the parent fell 6.4% to ¥7,797 million. The FY8/2027 forecast is for sales of ¥124,270 million and operating profit of ¥11,500 million.

JINS Holdings FY8/2026 earnings summary

Store openings and flagship shops

JINS Holdings Inc. (TSE: 3046), which designs, makes and sells its own eyewear under the JINS brand, reported consolidated results for FY8/2026, the year from September 1, 2025 to August 31, 2026, on October 9, 2026 under Japanese GAAP. Net sales rose 14.4% to ¥111,220 million, while operating profit fell 5.3% to ¥11,454 million and ordinary profit 5.0% to ¥11,510 million. Net profit attributable to owners of the parent fell 6.4% to ¥7,797 million, or ¥334.00 per share against ¥356.89.

The company said its first global flagship, JINS Ginza, and the roughly 1,000 square-metre JINS Shinjuku both beat their plans, with about 80% of Ginza's customers coming from overseas. It also offers lens fitting in as little as 30 minutes for inbound visitors and AI-assisted lens diagnosis. JINS ended the year with 878 stores: 591 in Japan and 287 overseas, of which 161 are in China, 103 in Taiwan, 13 in Hong Kong, six in the U.S. and four in Vietnam.

Segments

Domestic eyewear sales rose 10.5% to ¥84,707 million on sales campaigns and strong demand for higher-priced lenses and frames, as the company opened 55 stores and closed four, but segment profit fell 18.6% to ¥9,235 million. Overseas eyewear sales rose 29.0% to ¥26,512 million and segment profit rose 197.8% to ¥2,219 million: restructuring in China and Hong Kong progressed, Taiwan added 25 stores and opened its first shop inside a hospital, new U.S. stores performed well, and the Philippines moved from franchise to direct operation.

Balance sheet, dividend and outlook

Total assets rose 18.2% to ¥68,409 million, reflecting new stores and a ¥4,612 million increase in intangible assets from system development, and net assets rose 17.6% to ¥37,329 million, for an equity ratio of 54.6%. The annual dividend is ¥104 (¥47 interim, ¥57 year-end), against ¥109 a year earlier, and the same ¥104 is planned for FY8/2027.

For FY8/2027 the company forecasts net sales of ¥124,270 million (+11.7%), operating profit of ¥11,500 million (+0.4%), ordinary profit of ¥11,300 million (−1.8%) and net profit of ¥7,800 million, flat.

JINS Holdings Inc. — full year FY8/2026 (September 1, 2025 – August 31, 2026), Japanese GAAP, consolidated. Balance-sheet rows compare August 31, 2026 with August 31, 2025; guidance and dividend rows are full-year FY8/2027 against FY8/2026. "—" indicates a figure not disclosed.
MetricFY8/2026FY8/2025Change
Net sales (¥ million)111,22097,215+14.4%
Operating profit (¥ million)11,45412,093−5.3%
Ordinary profit (¥ million)11,51012,121−5.0%
Net profit attrib. to owners of parent (¥ million)7,7978,330−6.4%
EPS (¥)334.00356.89−6.4%
Domestic eyewear — revenue (¥ million)84,70776,659+10.5%
Domestic eyewear — segment profit (¥ million)9,23511,348−18.6%
Overseas eyewear — revenue (¥ million)26,51220,556+29.0%
Overseas eyewear — segment profit (¥ million)2,219745+197.8%
Total assets (¥ million)68,40957,866+18.2%
Net assets (¥ million)37,32931,742+17.6%
Equity ratio54.6%54.9%−0.3 pt
FY8/2027 guidance — revenue (¥ million)124,270—+11.7%
FY8/2027 guidance — operating profit (¥ million)11,500—+0.4%
FY8/2027 guidance — ordinary profit (¥ million)11,300—−1.8%
FY8/2027 guidance — net profit (¥ million)7,800—+0.0%
Annual dividend per share (¥)104.00109.00−4.6%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.