Japan Eyewear Holdings

5889 Japan Eyewear Holdings株式会社

Medical Instruments & Supplies · Prime · TSE: Disclosed

PRICE: ¥2,170 · MKT CAP: ¥52.4B · P/E: 13.8x · P/B: 4.68x · DIV YIELD: 3.9%

PRICE — 5Y

Characteristics & Business Summary

Japan Eyewear Holdings Co., Ltd., through its subsidiaries, engages in the designing, manufacturing, and selling eyeglasses in Japan. The company was incorporated in 2019 and is based in Sabae, Japan.

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2023	FY 2024	FY 2025
Net Sales	13,528	16,666	18,640
Operating Profit	3,700	5,328	5,957
Ordinary Profit	—	—	1,737
Net Profit	2,217	3,994	3,783
EPS	¥93	¥166	¥157
DPS	—	¥66	¥84

Balance Sheet & Valuation Highlights

Total Assets ¥40B

Net Assets (Equity) ¥18B

Equity Ratio 47.8%

ROE (Return on Equity) 20.8%

Cash & Equivalents ¥3B

Interest-Bearing Debt —

Capital Expenditure (CapEx) ¥1B

Depreciation & Amort. ¥2B

Major Shareholders

1. 金子インベスト株式会社 37.7%
2. Custody Bank of Japan, Ltd. (Trust Account) 6.4%
3. 日本企業成長投資１号投資事業有限責任組合 4.7%
4. Northern Trust Company 2.9%
5. The Master Trust Bank of Japan, Ltd. (Trust Account) 2.6%
6. ＣＡＭＥＬＬＩＡＦＵＮＤＩＣＡＹＭＡＮ，ＬＰ（常任代理人大和証券株式会社） 2.5%
7. Nomura Trust and Banking Co., Ltd. 2.1%
8. ＣＥＲＡＳＵＳＦＵＮＤ Ⅰ ＣＡＹＭＡＮ，ＬＰ（常任代理人大和証券株式会社） 2.0%
9. 株式会社日本政策投資銀行 1.9%
10. Citibank, N.A. 1.9%

Activist Activity

RHEOS CAPITAL WORKS Inc. 6.27%

2025-12-22 · change

Camellia Fund I Cayman GP, Ltd. 2.64%

2025-10-29 · change

Cerasus Fund I Cayman GP, Ltd. 2.05%

2025-10-29 · change

NIC Fund I Japan GP, Ltd. 4.88%

2025-10-29 · change

Kaneko Invest Co.,Ltd. 37.67%

2025-10-24 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2023	FY 2024	FY 2025
Revenues per share	¥565	¥691	¥772
FCF/Share	¥112	¥128	¥192
EPS	¥93	¥166	¥157
DPS	—	¥66	¥84
Capital Spending per share	¥32	¥90	¥30
Book Value per share	¥554	¥681	¥754
Common Shares Outstanding	24M	24M	24M

Financial Aggregates & Margins

Financial Aggregate	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥14B	¥17B	¥19B
Operating Margin (%)	27.4%	32.0%	32.0%
Net Profit (owners)	¥2B	¥4B	¥4B
Net Profit Margin (%)	16.4%	24.0%	20.3%
Working Capital	¥-14B	¥-15B	¥-14B
Total Debt (Interest-bearing)	¥13B	¥12B	—
Net Worth (Common Equity)	¥13B	¥16B	¥18B
Return on Total Assets (ROA)	6.4%	10.3%	9.5%
Return on Common Equity (ROE)	16.7%	24.3%	20.8%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.