Sustainability
Report 2021

Iidabashi Grand Bloom 30th Flr. 2-10-2,
Fujimi, Chiyoda-ku, Tokyo, 102-0071, Japan.
JINS HOLDINGS Inc.

jinsholdings.com

JINS Sustainability Report 2021

Table of contents• Vision

P09-• About us

P03-• Topics of 2021

P14-

• Consideration for the environment

P21Edito r ial po licy

• Improvement of working
environments in the supply chainP29-

At JINS, we are working on various missions in order to change the future
landscape that spreads out beyond the eyes of all people into a sustainable and• Dependable products and services

P37-

better future under the vision of "Changing the future landscape through eyewear."In order to better communicate our efforts, we began publishing the JINS
Sustainability Report in 2021. This report has been compiled in order to foster in-• Healthcare and innovation

P42-

depth communication with our stakeholders, including customers, investors, business
partners, local communities, and employees, and to help them better understand• Social contribution

P46-• Sound governanceP53-

the sustainability initiatives and corporate stance of JINS by introducing ourapproach to sustainability, goals, and various missions.

Sco pe o f co v er age o f the r epo r tReporting scope

JINS HOLDINGS Inc. and its subsidiaries

Reporting period

September 2020 to August 2021

References

This report was created referencing the GRI standards, etc.

Published

March 2022 (Next edition expected March 2023)

Webs iteSee below for more information on sustainability at JINS.
https://jinsholdings.com/jp/en/sustainability/

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Our vision

M agnif y Lif e
Our vision at JINS is to encourage people
to change the way they view the world –to enrich their lives and unlock
new experiences.
That's why we look for the unseen,
create new standards,
and think beyond glasses―to Magnify LifeJINS Sustainability Report 2021

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GovernanceAppendixCompany profile
Trade name

JINS HOLDINGS Inc.

Tokyo
Head Office

Iidabashi Grand Bloom 30th Flr.,
10-2 Fujimi 2-chome, Chiyoda-ku Tokyo/
TEL 03-5275-7001

MaebashiHead Office26-4 Kawaharamachi 2-chome,
Maebashi-shi, Gunma

Founder ＆ CEO

Hitoshi Tanaka

FoundedJuly 1988

Paid-in capital

3,202,475,000 Japanese Yen

Listed market
securities(Code)

Tokyo Stock Exchange, Prime Market(Code #3046)

Business

Controlling and management of business activities of thecompany and companies of which shares are owned, along

Annual number of domestic
sales units* Unit＝10 thousand units*Number of stores: Stores in Japan as of

Number of JINS storessubsidiary or overseas franchise store
sales.

(Including overseas stores andoverseas franchise)*the end of August 2021, and overseas
stores (China, North America and Taiwan)
as of the end of June 2021
*Net sales do not include nonconsolidated*Sales units includes only domestic instore sales.

Net sales (consolidated)*
Unit＝100 million yen

with group management related business.
Consolidated

63,898 Million yen (consolidated)

net sales(as of August, 2021)

Number of
employees

3,641[1,205]([Associate employees, etc.]
as of August, 2021)

Domestic
Companies

Overseas
Companies

JINS Eyewear US, Inc.
JINS SHANGHAI CO., LTD.
JINS SHENYANG CO., LTD./JINS BEIJING CO., LTD.
JINS TAIWAN CO., LTD./ JINS Hong Kong Ltd.

JINS Sustainability Report 2021

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Product & Experience

Industry-defying eyewear andan amazing experience for all.

A better fit
for your pupils
Customers have frequently asked
JINS
to
carry
contact
lenses.

New services andexperiences basedon data

They are changing the way people
look at contact lenses.

Strengthening JINS’s own database utilizing apps, AI, andLight as air for comfort
that lifts your spirits

JINS MEME (glasses-type wearable device). By greatly
expanding the data utilization domain, we will build abusiness model that is more tailored to our customers.

Airframes are one of JINS leading products, offering a lightweight comfort thatcompletely overturns the conventional concept of glasses as uncomfortable andheavy. They aren‘t just designed to be lightweight, but also with comfort, safety,
style, and cost in mind. With the launch of Airframes, we have established a new
standard for lightweight glasses in Japan.

That's why we created JINS 1DAY.
They are designed to fit the pupils,
making them a pleasure to wear.

The JINS app recently topped 4 million downloads.*
The
databaseisfurtherstrengthenedbymore
people using in-app services such as prescription
information
management
andglassessuitability
check. We will create a purchase experience that
customers can enjoy more comfortably.
*As of August 2021

Computer glasses
with a new norm of beauty
JINS SCREEN glasses were developed for those disturbed by blue
light. Their frames were designed in collaboration with productdesigner Jasper Morrison. Now, more than ever, people work withdigital devices, so we have created designs that look great on
everyone, producing a new, superb "norm."

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MORE THAN GOOD
Thin aspheric lenses, manufactured by industry leaders
All JINS glasses come standard with thin aspheric lenses from the world’s best-sellinglens manufacturers. Aspheric lenses offer less distortion in vision and appearance
than traditional spherical lenses, allowing wearers to enjoy frames of their choice
regardless of their prescription.

Healthcare

Social contribution

GovernanceAppendix

MORE THAN FAIR PRICEThe SPA business model
JINS handles all stages from planning andproduction to distribution and sales.This
allows us to eliminate the middleman suchaspayingunnecessarycommission
andbrand fees. In addition, we can incorporate
customers’ feedback into the products,
wecanprovide
top-quality
glassesso
ataffordable prices.

No extra fees for stronger prescription
While

most

eyewearbrandscharge

an

extra

fee

for

strongprescriptions

and

thin

lenses,JINS does not charge extra for single vision prescriptions—not even those withstrong myopia or astigmatism.

Pursuing the ultimate
in comfort and quality
To ensure comfort and quality, we havededicated
ourselvestoexceptional
design and developed our own parts,
using
carefully
selectedforms
andmaterials. These efforts are all a partof our no-compromise approach. We
adhere to global ISO standards, former
JIS standards, and our own standards,
for a total of 20 points of inspection,
providing Zero-Compromise quality.

JINS Sustainability Report 2021

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MORE THAN FAST

Healthcare

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GovernanceAppendix

MORE THAN NEW

Eyewear in as little as 30 minutes

Exploring the potential of glasses through academic collaboration

JINS efficient store operational methods make same-day delivery a reality. JINS haschanged the notion of waiting weeks for your new pair of glasses. At JINS, it's just

Our R&D lab partners with university professors, medical experts, and othercompanies develop the products and services of the future. One of our most popular

three easy steps: 1.Select your frames and take them to the counter 2.Have your eyes
tested 3.Pay for your new glasses. Your glasses can be ready in as little as 30

academic collaborations, JINS SCREEN, is being used by forward-thinking
corporations, hospitals, and educational facilities.

minutes after paying. (when lenses are in stock)

On the search for new materials
Our Airframes were made possible

Online store
The JINS online shop carries roughly 3,000
products, and ships free of charge.
Delivery is fast, with many orders shipping
the same day. Products can be delivered
to your home or picked up at convenience
stores or JINS branches. We offer various
payment options to meet customers'

thanks to the lightweight material, nylon
resin TR-90. Research in new andinnovative materials is necessary whencreating products with new functionality.
We will continue to travel the world insearch of new materials and innovative
ways to bring about change for the
future of eyewear.

requirements.

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Sustainability
visionJINS Sustainability Report 20218About us

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Sustainability vision

Changing the future landscapethrough eyewear
Good eyewear should “change the future landscape.”That is the belief at JINS.
The lives of people after they start wearing eyewear made by JINS, as well as all theworkers involved in the industry, and ultimately the people who do not use eyewear. The
future landscape that spreads out beyond the eyes of all parties will be changed into asustainable and better one.
To this end, we are working on various missions. For example, the challenge of recyclable
eyewear production to reduce environmental burdens. Coexistence with local communities
and regional development, and support for children. Research on light to protect thehealth of the eyes and its awareness-raising activities. Manufacture of sensing devices
that care not only for vision but also for body posture and mental health. And thedevelopment of medical devices that correct myopia as well as proactively prevent it.
At a time when one third of the world’s population is said to be short-sighted and thesocial cost due to this condition continues to increase. If the eyewear industry can makeinnovation happen, it will have an impact that will change the future of society as a whole.
High quality at the best price for everyone who needs it. With this desire in mind, JINS has
been looking ahead to the future of society, defying conventional wisdom, and constantly
taking action through eyewear since the time of its foundation, when it breathed new life
into the industry’s conventional practices.
Magnify Life
Believing that the richness of humans will spread out beyond our actions.

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To change the future landscapeCreating social value through business
My name is Ryo Tanaka, and I have served as the director in
chargeofsustainability
initiatives
promotionat
JINS
HOLDINGS Inc. since March 2021. I will take a leadership role
in realizing the JINS Sustainability Slogan, “Changing the
Future Landscape Through Eyewear.” Environmental issues
such as climate change and social issues such as diversity
and inclusion alongside healthcare are something that defies
any attempt at a quick and simple solution. However, JINS
will face them with sincerity and resolutely address themwith a vision and plan unconstrained by existing frameworks.
We also recognize that it is important to do this through thecreation of products and services with the core eyewearbusiness of JINS as a starting point, so we would like tocontinue to take on the challenge of promoting sustainability

C hanging the f utur e lands capeth r o ugh eyew ear
Infectious diseases, climate change, resource depletion, racial issues,and economic disparity. Everywhere on the planet is now facing a
number of crises. These issues seem to be giving a message to us
that humans must change. The vision of JINS “Magnify Life.” It
expresses our desire for everyone to have a more enriched andboundless life, and JINS will provide them with an opportunity forthat. In order to truly realize this vision, I have always asked myself
the question, “What does sustainability mean to JINS?” “Changing the
Future Landscape Through Eyewear.” This is a new Sustainability
Statement that JINS has established. At the same time, JINS has also
identified six themes that are believed to be the most significant to
JINS. There are a variety of items listed in these themes, fromreducing environmental burdens to consideration for the livelihoodand human rights of all people involved in the supply chain. Solvingsocial issues. It is not easy to do and will take a long time. However,
we are proud of the fact that we have defied the conventional
wisdom of eyewear many times and expanded its possibilities, forexample, through research on light to reduce the progression of
myopia and development of products that analyze the mind and body.
That is why, in our approach to sustainability, we would like to takea fresh perspective and seek solutions that only JINS can provide,
without being bound by conventional thinking. We would like topursue the possibilities of eyewear and provide value to the world inturn. That’s what we strongly wish to do. Can our business activities
themselves be of use to society? Do our products and services
contribute to solving the issues that society faces? We need toalways look at ourselves with a critical eye. We would like to keep
creating new standards one after another, hoping that the existenceof JINS will make this world a little easier to live in and a morecolorful place.
Please look forward to the future that JINS cultivates.
Hitoshi Tanaka
Founder & CEO

JINS Sustainability Report 2021

in tandem with the business that only JINS can do.

Social contribution

enhanceourmanagement

GovernancestructureandAppendixstrengthenitssupervisory function for the purpose of increasing the trustofallstakeholders
andpursuingtheenhancementofcorporate value.

Identifying material factors
JINS has identified six material factors for sustainability
initiatives:
consideration
fortheenvironment,
soundgovernance, dependable products and services, improvementof a working environment in the supply chain, healthcare andInnovation, and social contribution. JINS will focus on andpromote them strategically in the future. These material
factors have been identified based primarily on global issues
such as ESG (environment, society, and governance) and
SDGs, and have been developed by reviewing items with avariety of indicators including international guidelines suchas the GRI Standards in consideration of their importance to
JINS, its stakeholders, and the society overall. For one of thematerial factors, “consideration for the environment,” forto long-term planstrengthening
its

example,wehaveengagedin“recyclable
eyewearproduction,” which aims for circular recycling from plastic toplastic to reduce environmental burdens. It is said thatplastic circular recycling technology is one of the mostdifficult recycling technologies; however, we will continue tosustainability promotion system, with 2030, the year ofachievement of the Sustainable Development Goals (SDGs), as
one of its goals. In line with establishing the goals, we arealsosetting
Key
Performance
Indicators
(KPI)
for
our
promotion activities and formulating a Business Continuity

challenge ourselves in the development of this technology incooperation with external partners in order to change thefuture landscape that spreads out beyond the eyes of all
people into a sustainable and better future. Furthermore, foranother material factor, “healthcare and Innovation,” which

Plan (BCP) for
emergencies and disasters in order to
respondtomajorchangesinsociety.
Inadditiontostrengthening our sustainability promotion organization, we
have established a new Sustainability Slogan and Statement.
JINS has been challenging “new standards” in the industry

is closely related to eyewear, we have researched light toprotect the eyes and conducted educational activities toraise awareness, as well as manufactured sensing devices
that care for not only vision but also body posture andmental health. We would also like to take on the challenge ofsince its foundation, and we would like to share with all our
stakeholders our intention to look ahead to the future ofsociety through eyewear and to continue to take action while
defying the conventional wisdom. We also place importanceon corporate governance to ensure that the organization iscreating various innovations in the healthcare area, witheyewear as a starting point, including the development of
medical devices that not only correct myopia but also
proactively prevent it.

moving in the right direction. We have established corporate
governance as “a mechanism to appropriately supervise theexecution of business operations so that sounder, more
efficient and superior management can be carried out withthe aim of achieving sustainable growth and development ofRelationships with stakeholders

Medium- to long-term goal and corporate
governance
JINS
that

is currently
will
serve

formulating a mediumasaroadmap
andthe company,” and we will promote various measures to

JINS is engaged in business to maximize the value it can
provide to its stakeholders. To this end, we recognize theimportance of listening carefully to the expectations andopinions of our stakeholders and considering the impact on
the environment and society that JINS will have together as
we move forward. In addition, we will contribute to all of our
stakeholders
and
build
relationships
of
trust
and
collaboration through our business itself, which is alignedwith the direction of our management strategy and that ofsocial demands. We will continue to challenge the “newstandards”
anddeepenourrelationshipwithourstakeholders in order to demonstrate the value of JINS tosociety and co-create new value, while making persistentefforts to realize a sustainable and prosperous society.
Ryo Tanaka
Director in charge of sustainability initiatives promotion

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Materiality
JINS aims to create a sustainable society and enhance its corporate
value by achieving its vision, Magnify Life, through its business activities.
In order to ensure the sustainable survival of this society, we haveidentified six material factors(materiality) based on both perspectives ofsignificance for stakeholders and the size of the impact on management
at JINS. They have been identified based primarily on global issues suchas ESG (environment, society, and governance) and SDGs, and have beendeveloped by reviewing items with a variety of indicators includinginternational guidelines such as the GRI Standards, in consideration of
their importance to JINS, its stakeholders, and the survival of this society.

Consideration for
the environment‧Consideration forclimate change‧Circulation ofnatural resources‧Environmental
management in the
supply chain‧Promotion of biodiversity

Healthcare andinnovation‧Development of eyewear
to protect the eyes
‧New businessdevelopment with theeyewear business as astarting point‧Support for eye life
for all people

JINS Sustainability Report 2021

Improvement ofworking environmentsin the supply chain

Dependable
products and service‧Diversity and inclusion
among employees‧Occupational health andsafety of employees andhealth and productivity
management‧Development of
human resources‧Human rights in the supply
chain / labor
management‧Uncompromisingproduct quality control‧Information security andprivacy protection‧Reliable support
for customers

Social contribution

Sound governance‧Coexistence with local
communities andregional development‧Projects for children’s
futures‧Support for disaster areas
and developing countries‧Promoting social diversity‧Support for culturalactivities‧Initiative by overseas JINS

‧Corporate governance‧Corporate ethics
and compliance‧Risk management‧Stakeholder engagement

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GovernanceAppendix

2050 Goals
E

S

S

G
A strong organizationthat will continue to

A circular society that

A society in which

A society in which

coexists with thepeople can live long

diverse people canearth and natureand happy lives

work under fairgrow for the
next 50 years

conditions

Create circulation.
A future without consumption.

No more myopia.
Pursuit of happiness through vision.

Companies. Regions. The Earth.
Be a place where each and every
individual can shine with different
personalities.

Be an organization that nurtures
goodness.

There are a number of environmental
issues on this planet, with the economic

The number of people with myopia on
this planet continues to increase, and it

Gender, nationality, and disability. Eachof us can live and work as we are,To build strong governance, honesty andintegrity are indispensable above all. An

activities of humans at the root. If this is
the case, can we make a change in theis said that it will reach 5 billion by 2050.
To reduce myopia to zero. This is our

without our individual intentions andcharacteristics being disregarded. As aorganization
that
nurturesgoodness,that is, an organization that attracts,

way people consume? We would like toaddress environmental issues with theattitude of challenge that is typical of

responsibility and mission as a company
that
has
been
involvedinmyopiacorrecting eyewear for many years. We

company on this earth, we would like tocontinue to contribute to such a society.
To achieve this, we must first pursue thenurtures, and rewards good people. We
believe that this perspective is necessary
more than anything in order to respond

JINS. First of all, to achieve carbon
neutrality.
To
increase
the
ratio
of
renewable energy to 100% in order toachieve
virtuallyzero
CO2
emissionswill engage in research and development
related to the control and prevention of
myopia and transform our business into
a service platform that will lead to zero

happiness of all those who work at JINS.
We are committed to fair opportunities
for success and respect for human rights.
We aim to be an organization where thequickly to the latest issues and to ensureofrisk
management.
Be
highlevelsdiverseandrespecteachother.
Establishing an open environment where

within the Group. At the same time, for
products,
topromotezero
waste

myopia.
throughconceptofdiversity
permeates throughout.

everyone can speak frankly ―― this is
the future where JINS should be heading.

products and shift to 100% recyclable
eyewear. Regarding the environment as
well, we will continue to try to create

not only conduct research on myopia
control technology and develop eyewear
that
aims
to
improve
physicaland“new standards.”

mental healthbut will also deliver
surprises and joy to people around theByvisionpositioning“well-being”
as “well-seeing,” we will

andinclusion

world
throughvisionbyproviding
excellent “viewing” experiences.

2030
JINS Sustainability Report 2021

2050
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2030 Goals

Sustainable development goals for JINS

Consideration for climate change••

Reduce greenhouse gas (CO2) emissions by
30% (compared with 2020/SCOPE 1+2)
100% renewable energy at roughly a half ofstores in Japan

Circulation of natural resources• 50% of eyewear sold to be made fromsustainable materials• Recycle 100% of demo lenses*• Reduce waste• Reduce waste at the head office by 30%(compared with 2018)• Reduce operational waste per store by 30%(compared with 2021)• Reuse 30% of fixtures when renovating
stores (compared with 2021)• Reduce product disposals and develop areuse cycle• Maximize the product life cycle
Environmental management in the supply chain• Determine the state of water resource usage
and establish goals (through 2025)• 100% legal compliance in hazardous chemical
substances and wastewater management•

Develop a traceability system for the supply
chain

Development of technology, products, andDiversity among employees

services that prevent myopia from progressing• 100% of stores to collaborate with
ophthalmologists• Put an end to the spread of myopia throughdevelopment and dissemination of Violet••

Glasses•Occupational health and safety

Development of eyewear and associatedbusinesses that provide new value• Spread eyewear that visualizes and improves
mental and physical conditions

and satisfying workstyles• Zero serious incidents at Group companies inJapan• Progressive workstyles that set examples forother companies and countries•

Develop eyewear that provides new value

Advocating for eye health and providing an
excellent viewing experience• Programs and activities to nurture people’seyes such as “Miru-iku” and support for thearts
Creating stores that coexist with local
communities•

Promote next-generation stores that provide
services in coexistence with local
communities

coexistence with the environment

JINS Sustainability Report 2021••

Systems to lead the adoption of various
guidelines
Ensure diversity in the Board of Directors• Eight or more Directors• Appoint female Directors (at least three or
•
•

•

•
•

more)
Increase the number of Independent
Outside Directors (more than half)
Appoint Directors who are foreign
nationals

Zero serious incidents (such as complianceviolations)A state in which risks are thoroughlymanagedAbolish mandatory retirement (*mandatory
retirement for certain positions to remain)

Development of human resources• The ratio of employees with high productivity••

and engagement at 25%, eNPS-30
Create a system for supporting social
contribution activities of individual
employees
Develop in-house ventures that contribute tosociety

Human rights in the supply chain/ labor management• Zero serious incidents in the supply chain•

2030

Sound governance structure

men and female
Ratio of workers with disabilities to be 150%of the statutory minimum

Promoting social diversity• Close the gap in available product choices
for men and women

Promotion of biodiversity• 100% of new roadside stores to be stores in※Demo lenses are plastic lenses fit into glasses before
they are sold to prevent the frames from losing theirshapes.

••30% of managers to be female
10% of employees in Japan to be foreign
nationals
Acquire PRIDE Index Gold
100% of childcare leave to be taken for bothContinuously monitor the supply chain andfully eliminate unfair labor and accidents

2050
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Topics of 2021

JINS Sustainability Report 2021

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01

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GovernanceAppendix

Looking toward 2030, JINS has planned many initiatives
under the goal of "promoting a new store format thatprovides services to coexist with the local community."
One such initiative, JINS PARK, opened in April 2021 in
Maebashi, Gunma, where JINS was founded, is a facility
that aims to become a hub for local communities. JINSPARK was designed by architect Yuko Nagayama. The
eyewear brand “JINS” and the bakery cafe “EVERYPAN,”
which is newly developed as a restaurant business, areboth located inside the facility. This new store format
provides an outdoor plaza that anyone can use freely, as

Aiming to be a local community hub

well as spacious spaces such as a large staircase and arooftop terrace inside the facility. Since its opening, many

JINS PARK

events involving local community members have been held
mainly in the outdoor plaza, creating new interactions.

JINS Aeon Mall Okazaki
JINS AEON MALL Okazaki (Aichi Prefecture), reopened in September 2021, is a space that takes advantages of
the unique characteristics of shopping malls to create a local community: a place not only to sell eyeglasses,
but a place where customers can make new discoveries and connect with others. The store was designed byarchitect Ryuji Nakamura based on the concept of an “unfinished place.” In a space where glasses, books, and acommunity space coexist, about 550 wooden boxes made of thinned wood from local Okazaki and Mikawa areas
are installed, and they transform into shelves to display glasses, shelves to store books, and become benches
for customers to relax. There is also a library with about 1,500 books selected by book director Yoshitaka Haba,
offering the joy and relaxation of finding a favorite book to local residents.

JINS Sustainability Report 202115

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Launched

Social contributionin

October

2020,

Governancethe"CLICK&GO"

Appendix

serviceallowscustomers to choose, order, and pay for products through theofficial JINS app or messaging app LINE, then smoothly pick up
their orders in their specified store. Moving the whole fitting
and payment process from the stores to online has greatly
reduced in-store crowds and time spent waiting in stores, evenwhen accounting for lens processing times. Ordering andshipping through our E-commerce site currently takes time
until delivery, however by using "CLICK & GO", products and bereceived as early as the same day. TANA NAVI (aisle
navigation), launched in September 2021, is a service that will
search for the aisle location of an item, a first in the eyewear
industry.* Customers can search for the location of an in-store
product through their smartphone, reducing their time spent in
the store and leading to a smooth shopping experience. We
alsoformedacapitalalliance
with
FITTINGBOX
S.A.
(headquarters: Toulouse, France, CEO: Benjamin HAKOUN), a
world-class tech company geared specifically for the eyewear
industry. This will further accelerate DX in the eyewear-buying
experience, and we plan to use the power of digital technology
to improve customer convenience.
* According to available information as of September 2021.

02

Location of eyewear displayed by
JINS has been a pioneer in the development and introduction of a wide

TANA NAVI(*Sample image)variety of services utilizing IT and AI, aiming to "free customers from theinconvenience of buying eyewear" and to enable more customers to enjoy
eyewear. We continue to develop an innovative DX strategy; to date, wehave discovered the latent needs of our customers and solved theirproblems through such services as "JINS
determine the compatibility of eyeglasses,

BRAIN 2" which uses
"MEGANE on MEGANE"

AI to
which

allows for virtual try-on while wearing your own pair, and the introductionof original apps. In 2020 and 2021, we successively released services
adapted to the new normal of the global coronavirus pandemic, promoting
DX that allows customers to safely purchase eyewear even in its midst.

Turning coronavirus adversity into opportunity.

Adapting to a new normal with
Digital Transformation (DX)JINS Sustainability Report 2021

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A new wave of sustainability in eyewear

Introducing bioplastic
eyewear.

Healthcare

Social contribution

GovernanceAppendix

This series has a front hinge design inspired by wooden joinery andcan be easily disassembled into different parts. Care was taken toachieve a true separation of materials in recycling. In addition, theability to disassemble into smaller pieces allows for detailed
maintenance for longtime use. The series is available in threeclassical frame styles - Boston, Wellington, and Sirmont. Using M49
for all three thick, bold designs brings depth to the color and lusterthat comes with aging, which are difficult to achieve withlightweight resin materials. The newly designed front hinge acts as
adjustable accent pieces that can be configured to your facial andhead shape. We hope the collection will be a favorite of those whovalue the product life cycle over fast consumption of trends, aging
together, and when the time comes, returning the product to theearth with minimal environmental impact.

In May 2021, as the first step in increasing sustainability in eyewear toward 2050, welaunched a new line of classic and refined design frames, “CLASSIC”, as part of oursunglasses brand JINS&SUN, using highly biodegradable bioplastic materials. The
greatest feature of this collection is its use of M49, a plant-based bioplastic that has
a higher degree of biodegradation by microorganisms than ordinary acetates. M49
wasdevelopedbylong-established
Italianeyewearmaterials
manufacturer
Mazzucchelli 1849 S.p.A., which has fans all over the world for producing high quality
and beautiful materials, and it is a high-quality material that is not only
environmentally friendly
transparency,
pleasant

but also aestheticallytouch,
andsmoothpleasing
surface.

with its beautiful
Whilecombining

luster,these

environmental considerations with quality, we have set prices that are accessible bycustomers of all ages. To ensure that our customers can enjoy our products for years
to come, we have adopted a special structure that can be maintained and used for along time, and a classic and timeless design.

JINS Sustainability Report 2021

Limited not only to product-based
initiatives, but all stores also
started charging for shopping bags
in March 2021. We had been using
shopping bags with maximum
consideration for the environment,
which have obtained a total ofseven environmental certifications;however, by limiting their use only
for customers who need them, we
strive to make even more effective
use of resources. The money
collected from customers for
shopping bags will be used to giveback to society in the future.

17

About us

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TopicsEnvironment

Supply chain

Products & services

Healthcare

Social contribution

GovernanceAppendix

Q. How did you first feel upon your appointment as board member?
As t h e f i r s t f e ma l e b o a r d me mb e r a t J I NS , I f e l t t h a t c a n c o n t r i b u t e t o ma k i n g t h e
c o mp a n y a p l a c e wh e r e p e o p l e c a n i n s p i r e e a c h o t h e r b e y o n d d i f f e r e n c e s i n g e n d e r , r a c e ,a n d c u l t u r e . P e r h a p s t h i s h a s t o d o wi t h my o l d wo r k e n v i r o n me n t . I wa s p r e v i o u s l y a n e ws
j o u r n a l i s t a t a T V s t a t i o n , wh e r e I g a i n e d a l o t o f e x p e r i e n c e i n t h i n k i n g a n d a c t i n g
i n d e p e n d e n t l y r e g a r d l e s s o f g e n d e r . I a l s o h a d ma n y o p p o r t u n i t i e s t o wo r k wi t h p e o p l e o f
d i f f e r e n t r a c e s a n d n a t i o n a l i t i e s t h r o u g h my l o n g e x p e r i e n c e a b r o a d . T h r o u g h t h e s e
e x p e r i e n c e s , I h a v e c o me t o r e c o g n i z e t h e i mp o r t a n c e o f f i r s t a c c e p t i n g t h a t t h e r e a r ev a r i o u s r a c i a l a n d c u l t u r a l d i f f e r e n c e s a s a p r e mi s e o f c o mmu n i c a t i o n , a n d t h e i mp o r t a n c eof conti nued di al ogue.
Q. How do you interpret diversity and inclusion (D&I), and how do you believe it
should move forward?

04

Starting out by selecting new leaders

Accelerating diversity
and inclusion
JINS promotes diversity and inclusion among its employees under the 2050 goal of"Companies. Regions. The Earth. Be a place where each and every individual canshine with different personalities." We interviewed Ming-Chi Chiou, the first female
board member of JINS, who is both a key figure and embodiment of this goal.

JINS Sustainability Report 2021

T h i s c a n b e s a i d f o r b o t h J a p a n a n d As i a a s a wh o l e , b u t i n d i c a t o r s s u c h a s t h e r a t i o o f
f e ma l e ma n a g e r s s t i l l n e e d t o b e a d d r e s s e d . J I NS r e e s t a b l i s h e d i t s t a r g e t s l a s t y e a r , a n d Ib e l i e v e t h a t i mp r o v i n g t h e s e f i g u r e s wi l l a c c e l e r a t e t h e p r o mo t i o n o f D &I . On t h e o t h e r
h a n d , I a l s o t h i n k h o w e a c h i n d i v i d u a l i n t e r p r e t s D &I a n d t h e i r a wa r e n e s s i s a l s o v i t a l . I n
f a c t , t h e r e a r e t i me s wh e r e o t h e r s a r e o v e r l y c o n s c i o u s t h a t I a m a wo ma n o r f o r e i g n e r ,a n d v i c e v e r s a ; I wa n t t o e l i mi n a t e t h a t t y p e o f e n v i r o n me n t a s mu c h a s p o s s i b l e . R a t h e rt h a n f o c u s i n g t o o mu c h t h a t s o me t h i n g i s p a r t o f D &I a n d t h e r e f o r e n e c e s s a r y , I t h i n k i t i s
i d e a l t o v i e w D &I a s s o me t h i n g n e w a n d n a t u r a l . On t h i s n o t e , I e x p e c t t h e s p e e d a t wh i c h
D &I wi l l s p r e a d t h r o u g h o u t t h e c o mp a n y wi l l b e r a p i d b e c a u s e J I NS h a s a h i s t o r y o f
thi nki ng outsi de the box and taki ng on a vari ety of chal l enges.

Q. What activities do you want to take on to achieve JINS’ ESG vision?
T h e r o l e o f t h e Co mmu n i c a t i o n D i v i s i o n , o f wh i c h I a m i n c h a r g e , i s t o c o mmu n i c a t e J I NS
p r o d u c t s a n d s e r v i c e s a s we l l a s t h e b r a n d ’ s v a l u e t o ma n y p e o p l e . B e f o r e t h a t , h o we v e r , I
b e l i e v e i t i s i mp o r t a n t t o c r e a t e a f o u n d a t i o n f o r t h a t wi t h i n t h e c o mp a n y . Cu r r e n t l y , J I NS
h a s e x p a n d e d b e y o n d J a p a n i n t o Ch i n a , Ho n g K o n g , T a i wa n , t h e P h i l i p p i n e s , a n d t h e U n i t e d
S t a t e s , a n d c r e a t i n g a n e n v i r o n me n t t h a t ma k e s c o mmu n i c a t i o n b o t h d o me s t i c a l l y a n d
a b r o a d i s n e c e s s a r y . Ho we v e r , I b e l i e v e t h e r e a r e s t i l l ma n y h u r d l e s s u c h a s d i f f e r e n c e i n
l a n g u a g e a n d c u l t u r e wh e n i t c o me s t o p r o mo t i o n f r o m a g l o b a l p e r s p e c t i v e . I h o p e t oo v e r c o me s u c h o b s t a c l e s a n d b u i l d a n e n v i r o n me n t i n wh i c h e v e r y o n e c a n s p e a k f a i r l y wh i l e
a p p r e c i a t i n g c r o s s - c u l t u r a l u n d e r s t a n d i n g . F o r t h a t , i t i s i mp o r t a n t t o f i r s t e n s u r e a s p a c e
a n d f r e q u e n c y f o r c o mmu n i c a t i o n , t h e n t o e n s u r e t h e i d e a o f “ t r y i n g t o u n d e r s t a n d t h eo t h e r a n d c o mmu n i c a t i n g y o u r t h o u g h t s ” i s t h o r o u g h l y e n f o r c e d . I r e a l i z e d h o w i mp o r t a n t
t h i s i s f r o m my o wn e x p e r i e n c e o f o v e r c o mi n g t h e g a p I f e l t wh e n I b e c a me P r e s i d e n t o f
J I NS T AI WAN.
Q. What kind of impact to you want to create in society through JINS?
I d e a l l y , I wa n t J I NS t o b e c o me a c o mp a n y c o mmi t t e d t o s o c i a l c o n t r i b u t i o n a r o u n d t h e
wo r l d . I n a d d i t i o n t o e x p e r i e n c i n g t h e p r o d u c t s a n d s e r v i c e s p r o v i d e d b y J I NS , I wo u l d l i k e
t o f i n d a wa y t o c o e x i s t wi t h l o c a l c o mmu n i t i e s b y t h o r o u g h l y c o n s i d e r i n g wh a t r o l e J I NS
shoul d pl ay i n addressi ng soci al i ssues i n each country or regi on. To achi eve thi s, i t i s
i mp o r t a n t t o f i r s t c a p t u r e t h e o u t l i n e o f t h e u s e r s a n d r e s i d e n t s o f e a c h c o u n t r y a n d
r e g i o n , c o n t i n u i n g t o r e p e a t t h e s t e a d y a c t i o n s o f i ma g i n i n g , r e s e a r c h i n g , a n d p u t t i n g i n t oa c t i o n . I t ma y b e d i f f i c u l t t o a c h i e v e t h i s i mme d i a t e l y , b u t I b e l i e v e t h a t wi t h t h e
c h a l l e n g i n g s p i r i t a n d c u l t u r e t h a t f a v o r s i n n o v a t i o n f o s t e r e d b y J I NS , a s we l l a s i t s
p r o a c t i v i t y , we c a n ma k e i t h a p p e n .

18About us

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TopicsEnvironment

Supply chain

Products & services

05

07

launched

in

2015,

is

a

GovernanceAppendixReview, starting from the production site.

Strengthening supply chain audits

proprietary ESG evaluation program into existing supply chain audits. The
factory conducts a self-evaluation based on a check sheet, then JINS staff
inspects and audits the factory; If necessary, we work together to make
improvements. In this most recent audit, all factories were in compliance withJINS MEMEMEME,Social contribution

In order to promote responsible procurement activities, we incorporated a

Healthcare from a new angle.

JINS

Healthcare

glasses-type

important sustainability issues such as environment, human rights, labor, andlaws and regulations. Along with continued audits, we will work to create
systems and frameworks that will enable us to respond to various challenges
wearable

deviceequippedwithanwhile maintaining the current state.

originally developed three-point ocular potential sensor (patented) and a 6-axis motion
sensor. In October 2021, a next-generation model was released with a renewed design,
app functions, and services. From the data acquired by the sensors, the state of the BODY,
MIND, and BRAIN can be visualized in a dedicated app. Its maintenance contents will lead
you to a better state. In an age where people need to manage their own physical andmental health by themselves due to changes in work styles and lifestyles, JINS MEME
supports you as “self-care glasses for mind and body.” Going beyond the conventional
concept of functional eyewear, we will take on the challenge of creating a sensing
eyewear market that realizes healthcare.

We

06
2021
Porter Prizewinnerwere

awardedthePorterPrize(organizing

body:

Hitotsubashi ICS), which recognizes companies that haveachieved superior profitability in a particular industry byimplementing unique strategies based on innovations in
products, processes, and ways of managing. The award
was given for innovations and growth made to address
customers'
dissatisfactions
with
the
usual
eyeglasspurchasing
processsuchanall-in-one
price
that
disregards prescription and lens thickness, low price point
starting at 5,500 yen including both frames and lenses,
receiving the eyeglasses in as little as 30 minutes ofmaking the purchase; a seamless online and offline
shopping experience such as retaining prescription data
through an app, virtual try-on, checking store inventory
online, and E-commerce options; expanding operations toprovide added value that falls outside the scope of vision
correction such as blue light blocking lenses and products
like JINS MEME that features a sensing function; and thegrowth of our overseas operations, focused mainly on
Taiwan and China, which account for approximately 18%
of total sales.

JINS Sustainability Report 2021

08

Annual securities reports/
Shareholder meeting convocation
notices in English

We have provided annual securities reports and convocation notices in English
starting with the fiscal year ended August 31, 2021. We will continue to besincere in our approach to information disclosure for a wide range ofstakeholders, including overseas investors. Please see here for English annual
securities reports.
https://jinsholdings.com/jp/en/ir/library/financialreport/

19About us

Vison

TopicsEnvironment

Supply chain

Products & services

Healthcare

Social contribution

GovernanceAppendixOurmateriality

JINS Sustainability Report 2021

20

About us

Vison

TopicsEnvironment

Supply chain

Products & services

Healthcare

Social contribution

GovernanceAppendix

Consideration for theenvironment
Consideration for climate changeーResponses to climate change

ーReductions in CO2 emissions
ーSwitching to renewable energy
ーMain initiatives

Circulation of natural resourcesーPolicy on circulation of natural resources
ーSwitching to sustainable materials for products
ーWaste reduction and recycling
ーMain initiatives

Environmental management in the supply chainーPolicy on management in the supply chainーManagement of chemical substances
ーWater resource usage
ーInspection and monitoring of the supply chain
ーMain initiatives

Promotion of biodiversity
ーBiodiversity policy
ーStores in coexistence with the environmentーMain initiatives

JINS Sustainability Report 2021

21

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Healthcare

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GovernanceAppendix

Consideration for the environment

Consideration for climatechangeMedium-term goals for 2030 and progress
Reductions in greenhouse gas (CO2) emissions
Progress in 2021

-23.5
PolicyPolicy for responding to climate change(t-CO2e)
6000

Goal for 2030

-30 %

%

5421
4762

4669

4000

3571

2000
0

2017

2018

2019

※No data

2020

2021

2030

*Only SCOPE 1 and 2*The calculation period of each item is each fiscal year. (FY2021: April 2020 to March 2021)*Results for the year ended August 31, 2021

Switching to renewable energy in stores
Progress in 2021

Goal for 2030

0.0 %50.0 %JINS, as a leading company of the eyewear industry in Japan, will promote reductions ingreenhouse gas emissions across the entire supply chain, as it agrees with policies for realizing adecarbonized society by 2050 which have been set by the Paris Agreement and the Japanese
government.
JINS will take proactive actions from the aspect of both risks and business opportunities as
responses to climate change and create new value by contributing to solving environmental issues

In order to virtually achieve carbon neutrality by 2050, JINS has established a goal of reducing

to become a company trusted by society and stakeholders. In addition, JINS has been taking stepby-step measures against greenhouse gas emissions across the entire supply chain (Scope 3), notto mention direct responses to greenhouse gas emissions (Scope 1 and 2). In this way, JINS ismaking efforts to achieve the Goals for 2030 successfully.

greenhouse gas emissions by 30% (Scope 1 and 2/compared with 2020) by 2030. As concretemeasures to achieve this goal, we will promote the switch to renewable energy sources forelectricity at our stores in Japan, and at the same time, we will comprehensively promote theefficient use of energy by reducing electricity consumption at stores and optimizing logistics.

JINS Sustainability Report 2021

*Results for the year ended August 31, 2021

22About us

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TopicsEnvironment

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Consideration for the environment ー Consideration for climate change
Initiatives to achieve goals

Production of recyclable eyewear products

Energy reduction with no dress code

In May 2021, as the first step in our recyclable

There is no specific dress code for employees

eyewear initiatives for 2050, we launched a
new line of classic and refined design frames,“CLASSIC,” as part of our sunglasses brand
JINS&SUN, using highly biodegradable
bioplastic materials. These products use M49,

working at headquarters, and they can work inwhatever clothing suits the outside
temperature. In addition, JINS is actively
adopting the Cool Biz concept, which
encourages people to dress lightly during thea plant-based bioplastic that has a higher
degree of biodegradation by microorganisms
than ordinary plastics. M49 was developed bylong-established Italian eyewear materials
manufacturer Mazzucchelli 1849 S.p.A., which

hot season, and the Warm Biz concept, which
encourages people to optimize their clothing
to avoid relying on heading during the winter,recommended by the Ministry of theEnvironment. By allowing our employees to

has fans all over the world for producing highquality and beautiful materials, and it is ahigh-quality material that is not only
environmentally friendly but also aestheticallypleasing with its beautiful luster, transparency,

wear whatever they wish, we aim to foster amore creative workplace that values
individuality.

pleasant touch, and smooth surface. While
combining these environmental considerations
with quality, we have set prices that areaccessible by customers of all ages. To ensurethat our customers can use our products for aDevelopment ofenvironmentally-friendly stores

CO2 emissions reduction through the use of renewable energy sources for electricity

Among the stores JINS operates, JINS aims to switch to 100% renewable energy at roadside stores
where it has s direct contract with the power company at an early stage by purchasing renewableenergy power from the power company and installing solar power generation equipment, etc. For
other stores, we will cooperate with facility management companies to switch to renewableenergy, aiming to convert electricity in all stores to renewable energy in the future.

CO2 emissions reduction through the useof LED lighting in stores

JINS Sustainability Report 2021

long time, we have adopted a special structurethat can be maintained and used for a longtime, and a classic and timeless design.

Fuel reduction through decentralization of
distribution bases
JINS is promoting the use of LED

In September 2021, JINS started operation oflighting in its stores with the aimof producing environmentallyfriendly stores. More than 90% of
our stores currently use LED
lighting, and we are planning to

the Osaka Warehouse as a new distribution
base for the purpose of BCP measures andreduction of greenhouse gas emissions in linewith business expansion. Having two
distribution bases, one in Kanto and the otherswitch to LED lighting in all of ourstores within a year (as of April
2021). As LED lighting has a longer
product life and consumes lessenergy than ordinary lighting, we

in Kansai, not only functions as a risk
management system against natural disasters,
but also significantly reduces the distance andtime required to deliver products fromwarehouses to stores. As a result, we expect

actively use it as lighting with low
environmental burdens.

to reduce CO2 emissions by approximately 20%
per year compared to the distribution systemusing only one base.

Some JINS stores are actively using domestic
wood for fixtures to reduce their carbon
footprints and contribute to local communities.
For example, JINS Namba Parks uses small
diameter wood, which has few uses, for the
fixtures and JINS Yume Town Saga uses
cypress wood from Saga Prefecture. We areplanning to use more environmentally friendly
fixtures and building materials whenconstructing and opening new stores in the
future.

23

About us

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TopicsEnvironment

Supply chain

Products & services

Healthcare

Social contribution

GovernanceAppendix

Consideration for the environment
Recycling of demo lenses

Circulation of natural
resources
PolicyProgress in 2021

Goal for 2030

0.0 %100.0 %

Policy on circulation of natural resources
Under the thought that JINS, as a manufacturer of eyewear using a large volume of plastic as amaterial, must take the lead in the industry for switching to plastic-free and sustainable materials,
it will promote shifting to zero waste products and 100% recyclable eyewear with goals for 2050
to realize resource circulation across the entire supply chain from procurement of raw materials
to production, distribution, sales and disposal/collection. Also, the medium-term goals for 2030
include making 50% of eyewear sold from sustainable materials, recycling 100% of demo lenses
and reducing various waste and JINS will make efforts to save resources further by researchingand developing sustainable eyewear, switching raw materials and reducing waste as much as
possible.

Medium-term goals for 2030 and progress*Results for the year ended August 31, 2021

In order to prevent frames from losing their shapes, plastic lenses called “demo lenses” are fit
into eyewear during production. However, since these lenses are disposed of in exchange for real
lenses when sold to customers, they have become a major source of waste in eyewear sales.
Therefore, JINS has established a goal of 100% recycling for demo lenses by 2030, and as of theyear ended August 31, 2021, we are experimenting and verifying materials to achieve this goal.

Reducing various waste and recycling

Switching to eyewear made from sustainable materials
Progress in 2021

Goal for 2030

%

50 %

0.0

Recycling ratio

Waste
at the head office

Waste fromstore operations

-23.1

-.-

Goal for 2030

Goal for 2030

Goal for 2030

30

30

30

%

%

Recycling ratioof fixtures whenof logistics

renovating storespackaging materials

-.-

%

100

%

(%)
50

25

0

2020

2030
*Results for the year ended August 31, 2021

By 2030, JINS aims to have 50% of eyewear sold to be made from sustainable materials. To thisend, we will develop and deploy new eyewear based on two major material conversions.
One is the planning and production of recyclable eyewear, which we are working on with JEPLAN,
INC., aiming to turn eyewear that has been disposed of in the past into a complete circulation
system of production, sales, collection, and reproduction. Another is the utilization of biomaterials.
By promoting the use of biomaterials in new products and the replacement of materials forexisting products, we will strive to create environmentally friendly and sustainable eyewear.

JINS Sustainability Report 2021

%

%

%

JINS makes efforts to reduce wastewith goals for 2050 to realize
resource circulation across theentire supply chain. As a milestone,
we aim to achieve a 30% reduction
in waste generated from theoperations of the head office andeach store, and a 30% recycling
ratio of fixtures when renovating
stores by 2030. In addition, we
have already achieved a 100%
recycling rate (resource recovery)
for logistics packaging materials.

24About us

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Consideration for the environment ー Circulation of natural resources
Initiatives to achieve goals
Green bond investment in JEPLAN, INC.

Collection of unneeded glasses andrecycling BRING PLA-PLUS project

Quality and design for long-term use

As a company with the highest sales volume

In order to reduce environmental burdens, it isfor eyewear in Japan, JINS is addressing withthe eyewear recycling program. JINS has
joined the BRING PLA-PLUS Project run by
JEPLAN, INC. since its year of inception 2012,
and worked on recycling unneeded old plastic

necessary to extend products’ life cycle, andJINS has collaborated with world-classdesigners to create universal and timelessdesigns that can be used by customers for along time. In addition to frames, JINS offers aglasses into energy sources. Also, JINS formed
a capital alliance with JEPLAN, INC. in 2020.
From now on, JINS will further utilize thetechnological capabilities and knowledge ofboth companies to promote eyewear

wide range of high-quality and highperformance lenses to ensure both comfort
and long-lasting quality. Not only do we
provide proper eye examinations at the timeof purchase, but we also offer maintenancesustainability by working toward eyewear
recycling campaigns and manufacturing of
circulating recycled eyewear.

services after purchase. Through these
activities, we use less raw materials for
manufacturing and contribute toenvironmental burden reduction.

Production of recyclable eyewear products

JEPLAN, INC. has been working to realize a

In May 2021, as the first step in our recyclable

circular society through activities that connect
companies and consumers who want to recycle,
the development and manufacture of recycled
fibers, and recycling consulting since its
establishment in 2007. JINS has joined theeyewear initiatives for 2050, we launched a
new line of classic and refined design frames,“CLASSIC,” as part of our sunglasses brand
JINS&SUN, using highly biodegradable
bioplastic materials. These products use M49,

Bring Pla-Plus Project run by JEPLAN, INC. withthe cooperation of the Ministry of theEnvironment since its year of inception 2012
and worked on recycling unneeded old plastic
glasses into energy sources. In January 2020,

a plant-based bioplastic that has a higher
degree of biodegradation by microorganisms
than ordinary plastics. M49 was developed bylong-established Italian eyewear materials
manufacturer Mazzucchelli 1849 S.p.A., which

we acquired common stock of JEPLAN, INC. via
a capital increase through a third-party shareissuance. We have taken this opportunity topromote eyewear recycling activities.

has fans all over the world for producing highquality and beautiful materials, and it is ahigh-quality material that is not only
environmentally friendly but also aestheticallypleasing with its beautiful luster, transparency,

Shift to recycled paper eyeglasses cases

pleasant touch, and smooth surface. While
combining these environmental considerations
with quality, we have set prices that areaccessible by customers of all ages. To ensurethat our customers can use our products for a

Product developmentusing cardboard materials

long time, we have adopted a special structurethat can be maintained and used for a longtime, and a classic and timeless design.

Shift to recycled paper shopping bags

JINS Sustainability Report 2021

JINS had been using shopping bags with

As a company with the highest sales volume

maximum consideration for the environment,
which have obtained a total of sevenenvironmental certifications; however, in order
to use shopping bags only for customers whoneed them and to make effective use offor eyewear in Japan, JINS is striving to
introduce eyeglasses cases with low
environmental burdens. We are currently
working on prototype eyeglasses cases thatutilize recycled paper and are conducting

resources, all stores have started charging forthem (with some exceptions). The money
collected from customers for shopping bags
will be used to give back to society in the
future.

trials at actual stores with the aim of rollingthem out nationwide (as of April 2021). In
addition to eyeglasses cases, we will increase
our eco-friendly initiatives in accessories andshopping bags.

Think Lab HOME, with the concept of “A
personal workspace like no other.” is a deep
think (concentration) desk for home use, We
use materials made from 99％ recycled paper
and wood fiber, creating a product withminimal environmental impact. The special
cardboard and other materials boast superior
strength and durability, limiting the use of
metal and plastic to the bare minimum.

25

About us

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TopicsEnvironment

Supply chain

Products & services

Healthcare

Social contribution

GovernanceAppendix

Consideration for the environment

Environmental management in
the supply chain
PolicyPolicy on management in the supply chain (Chemical substances and water resources)
JINS has introduced the SPA model where product planning to manufacturing and sales arecarried out in an integrated manner and considers improvement in environmental management
across the entire supply chain to be important for sustainable environmental preservation.
Accordingly, JINS conducts continuous monitoring and provides instructions for improvement to
suppliers to which JINS outsources eyewear manufacturing to promote actions with them forreducing environmental burdens. For management of hazardous chemical substances and water

Initiatives to achieve goals
Preliminary inspection and monitoring of the supply chain
JINS conducts a regular monitoring of
its suppliers through its own ESG
evaluation program. After selfevaluation by the factories based acheck sheet, persons in charge at JINS
visit the factories. JINS also inspects
and scores the factories and works
with them to make improvements if
necessary. We also conduct a similar
inspection of new factories before
signing contracts, checking each itemand screening business partners to
select those with more appropriate
environmental management.

resources in particular, JINS currently thoroughly complies with laws and regulations in eachcountry and, to keep complying with such laws and regulations, will manage manufacturingconditions of each factory. As waste and water resources are global important issues, JINS will
strengthen measures for minimizing risks in business operations through thorough management inboth upstream and downstream of the supply chain.

Medium-term goals for 2030 and progress
Legal compliance in hazardous chemical
substances

Development of a traceability system
for the supply chain
JINS is striving to develop a traceability

JINS has achieved 100% legal compliance inhazardous chemical substances management.
Through our own regular inspections ofsuppliers, we ensure that all of our suppliers
are manufacturing in compliance with thestandards set by each country. We willcontinue to conduct monitoring of our
suppliers and provide them with instructions
on operational improvements to continue toachieve a 100% compliance ratio.

system for production in order to continue to
use sustainable materials that are safe andsecure for the human body and do not involve
unfair labor or environmental destruction.
Currently, a specialized department within thecompany conducts inspections of materials at
the time of manufacturing new products andwhen changing materials in existing products.
In the future, we will expand the scope of
inspections and develop a system that enables
us to inspect even the most upstream ofmaterial procurement.

Determining the state of water resource usage and establishing goals

This shows the results of the evaluation conducted for the year ended August 31, 2021 for thefactories. All factories complied with major sustainability issues such as environment, humanrights, labor, and laws and regulations. In the future, we will continue to conduct inspections anddevelop systems and frameworks that enable us to respond to various issues while maintaining
the status quo, in order to promote responsible procurement activities.

JINS recognizes that the sustainable use of water resources is one of the most importantconsiderations in business activities. In order to achieve this goal, we aim to determine theamount of water resources used and establish goals for resource conservation by 2025.

JINS Sustainability Report 2021

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TopicsEnvironment

Supply chain

Products & services

Healthcare

Social contribution

GovernanceAppendix

Consideration for the environment

Promotion of biodiversity

Initiatives to achieve goals
Development of environmentally-friendly stores

PolicyBiodiversity policy
Based on the recognition that the natural environment and biodiversity are important foundations
for a future sustainable society, JINS is promoting actions toward their preservation. From bothaspects of business activities and regional contribution, as actions for preserving the beautiful
earth where every creature lives in a good balance and humans and nature coexist in a harmony,
JINS will perform various efforts for achieving the goal of making all roadside stores to beopened by 2030 those in coexistence with the environment for which various environmentallyfriendly measures are taken.

Medium-term goals for 2030 and progress
Environmentally-friendly stores
Progress in 2021

20%

Goal for 2030

100 %Some JINS stores are actively using domestic wood for fixtures to reduce their carbon footprints
and contribute to local communities. For example, JINS Namba Parks uses small diameter wood,
which has few uses, for the fixtures and JINS Yume Town Saga uses cypress wood from Saga
Prefecture. We are planning to use more environmentally friendly fixtures and building materials
when constructing and opening new stores in the future.

*Results for the year ended August 31, 2021

JINS will aim to make all roadside stores to be opened in the future those in coexistence with theenvironment as described below and proceed with construction and operation in accordance withthe definition.
■Preservation of the global environment
Since buildings use a lot of resources and energy during construction and continue to be used for
decades, we aim to reduce environmental burdens of buildings by improving their energy
efficiency and promoting the use of natural energy.
■Harmony with the surrounding environment
We aim to create a comfortable and attractive retail space for customers by designing inaccordance with the local climate. We understand local ecosystems and contribute to theformation of streetscapes through planting designs that are in harmony with the local
environment.
■Coexistence with local communities
We aim to create stores that coexist with the local community and customers by promoting local
production for local consumption, working with the local artists and actively incorporating local
resources and craftwork.

JINS Sustainability Report 2021

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TopicsEnvironment

Supply chain

Products & services

Healthcare

Social contribution

GovernanceAppendix

Improvement of working
environments in the supply
chain
Diversity and inclusion among employees
ーHuman rights policy

ーSystems to promote diversity
ーActivities to help female employees succeedーRespect for diversity in sexual orientation and gender identity
ーEmployment of workers with disabilities

Occupational health and safety of employees and health andproductivity management
ーGuidelines for code of ethics for employees
ーHealth and safety systems and activities
ーActivities for improvement of workstyles and health and productivity management

Development of human resourcesーPolicy on development of human resources
ーMeasures to develop employees with high engagement

Human rights / Labor management in the supply chain
ーLabor policy/code of conduct in the supply chainーPolicy on prevention of slave labor/human trafficking
ーPolicy on prevention of child labor/forced laborーPreliminary studies and selection criteria for suppliersーLabor management systems for suppliers

JINS Sustainability Report 2021

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Improvement of working environments in the supply chain

Diversity and inclusion among
employees
PolicyHuman rights policy

Harassment prevention regulations

JINS respects human rights and has

JINS has established the Harassment

established the Guidelines for Code of Ethics
which, internally and externally, prohibit any
activity that violates individual dignity, such as
discrimination due to nationality, race,
ethnicity, hometown, social status, religion,

Prevention Regulations to prevent workplaceharassment (such as sexual harassment, power
harassment, maternity harassment and SOGI
harassment), determine rules to be observed
by employees and measures for preventing

belief, age, sex, gender identity, sexual
orientation, disability and disease, which are
specific to each and every individual, sexual
harassment, behavior that may be deemedharassment by someone or other words andharassment, and realize a pleasant workplaceenvironment.

Medium-term goals for 2030 and progress
Ratio of childcare leave taken
JINS has established a goal of 100% of childcare leave to be taken by both male and female
employees by 2030 and is working to improve the environment to achieve this goal. In order toprovide a comfortable workplace environment, it is also important to create an environment thatfacilitates the use of the childcare leave system, and we will strengthen our efforts to encourage
the male employees to take childcare leave. 96％ of female employees and 6.6％ of male
employees took childcare leave as of the year ended August 31, 2021.

Progress in 2021

23

Male

Goal for 2030

100 %

%

*Results for the year ended August 31, 2021

Progress in 2021

100

Fe m a l e

Goal for 2030

*Results for the year ended August 31, 2021

Number of employees taking childcare leavedeeds which bring discomfort to someone else.

Fe m a l e(Persons)

JINS is promoting the successof female employees as one ofits diversity and inclusion
initiatives, and has establishedthe goal of increasing theratio of female managers to

60

51
50

40

Progress in 2021

26.7

Goal for 2030

%

30 %

Male

Ratio of full-time return*

77

80

Medium-term goals for 2030 and progress
Ratio of female managers

100 %

%

56
53

63

72

2

5

2020

2021

61

100 %

20
0

1

3

2018

2019

*Results for the year ended August 31, 2021

*Results for the year ended August 31, 2021

Ratio of employment of workers with disabilities
Ratio of female employees*

30% by 2030. We will further
improve the workplaceenvironment where female
employees, who account for
50% of the entire workforce,
can work comfortably,
enhance support systems forchildcare, family care etc.,
and implement support
programs to develop female
managers, thereby promoting
the creation of various career
paths for female employees.

JINS Sustainability Report 2021

Ratio of female leaders*
Progress in 2021

56.4 %

38.6 %*Target: Leaders and managers including store directors*Results for the year ended August 31, 2021

105.9

Goal for 2030%

Comparison
with the statutory
minimum

150 %*Results for the year ended August 31, 2021

JINS has set a goal of achieving the ratio of workers with disabilities to be 150% of the statutory
minimum to realize “a society in which diverse people can work under fair conditions.”
JINS norma CO., LTD., a Group company, aims to create a society where the disabled and ablebodied can live together without being distinguished from each other through a new agricultural
management system where the disabled and able-bodied team up to farm together.
In the future, we will also actively promote the employment of workers with disabilities on acompanywide basis. JINS’s goal is to enable employees with disabilities to utilize their uniquestrengths in a variety of workplaces and grow while feeling fulfilled in their work.

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Improvement of working environments in the supply chain

Supply chainーProducts & services

Progress in 2021

2.8

%

10 %

*Results for the year ended August 31, 2021

personnel with diverse values can play activeroles regardless of nationality, JINS is hiringand supporting the success of foreign
national employees and is aiming for 10% of
employees in Japan be to foreign nationals

Female managers development program

Appendix

for employees working at headquarters in
2018; however, the fixed core time wasabolished in 2020 and we began operating thesystem as a super-flex workhours system toenable more flexible workstyles. The super-flex

In order to create a workplace environment in

JINS is committed to providing a work environment in which employees with diverse values canwork comfortably and maximize their individual abilities regardless of gender identity or sex
orientation. To this end, we have been promoting environmental improvements based on the PRIDE
Index, an evaluation index for LGBTQ (sexual minority) initiatives. As of the year ended August 31,
2021, JINS was certified as Bronze, and in 2023, we aim to acquire Gold, the highest rank in the
PRIDE Index.

Systems
Systems to promote diversity
To create an environment in which diverse employees feel comfortable to work, JINS is
implementing various initiatives to promote diversity, such as LGBT training, career training, andinitiatives to help female employees succeed. JINS has also established a dedicated organization
to promote diversity and promotes creation of an environment for generating new value byinternalizing diverse values and ways of thinking through these initiatives.

Activities to help female employees succeed
Creating an environment where it is easy to balance work and childcare
JINS is making various efforts to enable female
employees to return to work without anxiety after
they have children. We are working to develop asystem that encourages female employees toreturn to work as a matter of course, and tofurther spread this culture, and will establish a
support system so that the company can become aplace where they feel comfortable to work whilebalancing work and childcare. As a result of ourefforts to engage sincerely with targets andprovide them with support with the aim of helping
them resolve their concerns about having children
and returning to work, we have achieved a 100%
return ratio after childcare leave as of 2020.

Ideal and flexible work system
JINS had introduced a flex workhours systemby 2030. We are committed to fostering aworkplace environment and culture where
each employee feels that their humanity isrespected, their presence is recognized, andthey are welcome.

PRIDE Index

JINS Sustainability Report 2021

Governance

Activities to help female employees succeed
Aiming to create an organization in which

Goal for 2030

Social contribution

Diversity and inclusion among employees

Medium-term goals for 2030 and progress
Ratio of foreign national employees in Japan

Healthcare

which diverse human resources can play anactive role, JINS has formulated the Plan of
Action for General Employers and will
systematically promote it in accordance with
the Plan of Action. We have established thefollowing goals in the Plan of Action, and, toachieve these goals, we will introduce careerdevelopment support training and skill
improvement training for each level for female
employees, enhance the leave system in stores,

workhours system allows our employees withchildcare and family care needs, as well asother employees, to work more flexibly andefficiently to suit their lifestyles, creating amore ideal work environment suited toindividuals.

Employment of workers with disabilities
Creating new Jobs for workers with disabilities

and promote awareness raising for male
employees to take childcare leave.
①Introduce career training for female
employees and achieve a 60%
participation rate for the target group②Improve the average length of service forfemale employees to 80% of the average
length of continuous service for male
employees③Achieve 7% or more of male employees
taking childcare leave(100% achievement with goal for 2030)

Respect for diversity in sexual
orientation and gender identity
Conducting LGBT training
As part of our efforts to promote diversity, we
provide constant training to ensure that ouremployees have a deep understanding of LGBT(sexual minority) issues, recognize that theymust accept all values in their work, andrespect diversity in their daily work so thatthey can act accordingly. In the training, we
encourage them to have knowledge about
diversity and to be aware that they themselves
have a role to fulfill.

JINS has set up a relaxation room for
employees at the head office so that they canrelax and work efficiently during working
hours. To this end, we have employed full-timevisually impaired staff members who provide
massage services. We also established JINS
norma CO., LTD., a company where thedisabled and able-bodied team up to farm
together aiming to realize a new agricultural
management system. JINS norma CO., LTD. has
adopted a new way of operation, in which both
the disabled and able-bodied farm together asa team, as members of the same team, torealize normalization, which is the origin of
the company name, and to lead to the creationof new value.

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Improvement of working environments in the supply chain

Occupational health and safety of employees andhealth and productivity management
PolicyGuidelines for code of ethics for employees

Health and safety systems and activities
Health and safety management systems
In order to provide a safe and healthy workplace environment, we have established the HealthCommittee within the company with qualified industrial counselors to provide counseling andother support to employees, as well as to disseminate information on mental and physical healthso that the employees can engage in managing their health. In addition, in accordance with laws
and regulations, each store has appointed a store director as a health promoter to promotehealth and safety activities in the store.

JINS has established JINS Group Guidelines for Code of Ethics which provide standards to all theemployees for acting in daily operations with high morals and a good sense, in addition tocomplying with international standards, laws and regulations applied in each country and region,internal regulations, etc. With these as the base for all activities conducted internally andexternally, it provides guidelines for responsible actions.

Medium-term goals for 2030 and progress
Zero serious incidents at group companies in Japan(Cases)Establishment of hotline(Contact point for
whistleblowers)

50
40

36

42

40
28

30
20
10
0

2018

2019

2020

2021

*Figures are calculated on an August 31 basis*Results for the year ended August 31, 2021

In order to protect the health and physical safety of our valuable employees and to continue tobe a company that is always close to its employees, we will continue to strive for the physical andmental health of our employees, thorough compliance, and the prevention of occupational
accidents with the goal of zero serious incidents at Group companies in Japan.
Regarding occupational accidents caused by unsafe behavior, we promote the creation of anenvironment that prevents accidents from occurring by ensuring thorough compliance withmanuals and work procedures, and by developing a training system. As for occupational accidents
caused by mental illness, we are taking preventive measures such as the Health Committee withqualified industrial counselors and communication with employees by a health promoter in eachstore. In addition, through the contact point for whistleblowers, we prevent inappropriate
behavior by detecting acts of violation or acts that are carried out without the parties concerned

In order for JINS to detect unfair business practices, illegal acts, and problematic transactions atrealizing they are violations at an early stage. We seek and analyze thoroughly the causes ofoccupational accidents and diseases occurred in each Group company and office and share theresults internally to prevent recurrence. JINS will continue to pursue the well-being of its
employees to contribute to the maintenance of the physical and mental health of each person.

an early stage and resolve them proactively, with the help of its employees, rather than throughaccusations by its employees to outside organizations, compulsory detection from outside, orboycotts and criticisms from outside, JINS has established a Compliance Hotline (contact point
for whistleblowers) within the Administration Division and external law firms to accept reports
and consultations on ethical concerns. This enables us to detect violations at an early stage andProgressive workstyles that set examples for other companies and countries
and abolishment of mandatory retirement
By creating an organization with a highly productive and advanced work system, JINS aims toto point out acts that are carried out without the parties concerned realizing that they are
violations, thereby contributing to the prevention of inappropriate behavior. In addition to thereporting system through the internal contact point and the external contact points (lawyers) for
whistleblowers, in 2021, JINS introduced “ANONIMA,” a completely anonymous reporting system toensure the anonymity of whistleblowers. In addition to the existing internal contact point forbring about changes in the economic activities of the entire society and become the starting point
for creating a new society that can coexist with the global environment. To this end, we willcontinue to develop a work environment in which each employee can take responsibility and makea commitment to his or her work, and in which diverse values can be respected.

whistleblowers, we have established external contact points for anonymous reporting, and we willcontinue to introduce this system to our overseas subsidiaries and suppliers to strengtheninternal control on a global basis, seek and analyze the causes of problems occurred within eachGroup company and office, and strive to prevent recurrence.

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TopicsEnvironment

Supply chain

Improvement of working environments in the supply chainーProducts & services

Healthcare

Social contribution

GovernanceAppendix

Occupational health and safety of employees and health and productivity management

Activities for improvement of workstyles and health and productivity management

Measures to prevent occupational accidents
JINS has created and developed e-learning content to prevent occupational accidents. The
content is based on past cases that have actually occurred in stores and provides basic
knowledge of occupational accidents as well as practical examples. As of 2021, the completion
ratio has reached about 90%. In the future, we will make use of video content to further promote
understanding and prevention.

Promotion of working from home and reduction of working hours

Establishment of facilities for mental and physical health management

写真差し替えConsidering recent social trends, we arepromoting working from home for employees
at the head office. In addition to aiming for amore flexible workstyle, in order to continue
our business without interruption even in
emergency situations, we have developed asystem that allows our employees to carry out
their own work without coming to the office,and provide incentives for working from homeincluding subsidies for the cost of preparing
the environment for working from home, suchas Wi-Fi environments and chairs, andsubsidies for Internet fees and utility costs,
promoting this workstyle as a BCP measure. In
addition, working hours are constantly
monitored and appropriate measures aretaken against long working hours. In order toprevent long working hours from becoming thenorm, not only do supervisors deal with theemployees concerned in individual cases, but
we are also striving to develop an appropriate
attendance management system for the entire
company.

As initiatives for maintaining and improving the physical and mental health of our employees, weChanges in average monthly overtime
hours of all employees(Hours)office so that they can relax and work efficiently during working hours. We will continue topursue well-being to contribute to the maintenance of the physical and mental health of ouremployees.

10
8. 23

8

8. 00
7. 06

6. 89

7. 48

6

Systems to enhance employees’ QOL

4JINS is continuously implementing various initiatives to enhance the Quality of Life (QOL) of its

2

0
2017

2018

2019

2020

2021

*Figures are calculated on an August 31 basis*Results for the year ended August 31, 2021

JINS Sustainability Report 2021

promote health examinations, provide health guidance by industrial doctors and public healthnurses to those who with health problems, subsidize vaccinations, and support employees who
have taken leaves of absences return to work. We have also introduced a service that allows our
employees to consult with doctors about their own and their family’s health and medical care via
chat and video phone. Furthermore, a relaxation room has been set up for employees at the head

employees. These include an employee discount system for our products, a system that allows all
employees to use the “Think Lab Iidabashi” member-only workspace, and an award system at theannual kick-off party, and we are working to implement and further enhance these systems
including our benefits package. We also conduct employee satisfaction surveys on a regular basis,and promptly share these results with all management members in order to reflect them inmanagement and create a comfortable work environment for employees.

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Improvement of working environments in the supply chain
Main activities

Development of humanresources

Career development/ Training systems for
employees

Measures to disseminate the vision toemployees

PolicyPolicy on development of human resources
At JINS, employees are called "creators" as human resources who create new innovation throughcreative ideas. JINS offers them growth opportunities through training and actual operations tofacilitate organizational growth and set up an environment where creators can take responsibility
for their own growth and continue studying for themselves. Creators are provided on-the-job
training (OJT) as a base of human resource development and off-the-job training (Off-JT) tocomplement their knowledge. For growth of creators, JINS has been developing systems formaking creators professional as soon as possible by building training programs for inputs and apersonnel system for evaluating their output.

Ratio of employees with high engagement

JINS aims to be an

Progress
in 2021organization where all
employees can play an activerole with the world’s highest
enthusiasm and will continue
to increase employee
engagement.

--

Goal
for 2030

25 %%*Results for the year ended August 31, 2021

eNPS

Progress in 2021

Goal for 2030

%

-30 %

-52

*Results for the year ended August 31, 2021

Creating a system for supporting social contribution activities of individual employees
development of in-house ventures that contribute to society
We will promote two initiatives to help employees working at JINS grow into personnel who canthink creatively and generate new innovations.
One is to develop a system to support all employees across the country to commit themselves tosocial contribution activities. Currently, there are examples of stores taking the initiative insolving issues in their local communities. The other is to develop in-house ventures. In order tobuild a strong organization that can create businesses that contribute to society, we will
strengthen our support for in-house ventures and the development of human resources involved inthem.

JINS Sustainability Report 2021

programs as part of its efforts to improve
work environments for various employees andpromote diversity. These include education oneyeglasses sales skills, training in businessskills improvement, and highly professional
lectures by external experts.
‧Training for new employees: In addition tounderstanding the company’s vision andfostering an appropriate mindset, the training
provides practical knowledge and skills related

Medium-term goals for 2030 and progress
Engagement of employees

JINS provides a variety of employee training

to eyeglasses sales for working in stores.
‧Education on eyeglasses sales skills: We
provide education on customer service andmaking eyeglasses mainly through OJT.
‧Training for employees working at
headquarters: We provide management
training, new employee training, compliancetraining, and information security training.
‧Career training for female employees: Alongwith external experts, we provide career
training for female employees by reviewing
their past careers to sort out their own
strengths and values and think about theirideal future from the perspective of both workand personal life.
‧Career Challenge System: This is a system forchallenging new careers within the company.
Employees can apply for their desired careerfrom multiple positions every half year andlearn knowledge and skills that cannot be
cultivated in stores.
‧Job Challenge System: This is a system for
employees to challenge themselves in various
types of jobs within the company. By
participating in operations at the

JINS is taking various measures to deeply
disseminate its vision to each and every
employee. In addition to brand training at thetime of joining the company, kick-off party,
and lectures by external experts for internaluse, we have launched the “JINS People”
internal media to share specific examples of
embodying our vision. We also conduct
interviews and workshops with our employees
to promote the creation of an environment
where they are always aware of JINS vision.

Obtaining universal manners certification
In order to interact with the elderly anddisabled with the right mindset and in theproper way, our employees have obtained the
Universal Manners Grade 3 certification.
The Universal Manners were outlined by theJapan Universal Manners Association based in
Osaka-shi, Osaka (Representative director:
Toshiya Kakiuchi). They indicate how to becompassionate to those different from oneself,and how to provide help and support to themon the basis of sufficient understanding.
Aiming for accessible stores where the elderly
and disabled can have a pleasant experience,
JINS implemented Universal Manners in stores
and among employees in hopes that this codeof etiquette may spread even further.

headquarters by project, they can expand thescope of their work and broaden theirexperience while performing their main duties
at the stores.

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Improvement of working environments in the supply chain

Human rights in the supply
chain / Labor management

Medium-term goals for 2030 and progress
Zero serious incidents in the supply chain/
Continuous monitoring of the supply chain and full elimination of unfair labor and accidents

PolicyLabor policy/ Code of conduct in the supply chain
JINS aims to realize its vision "Magnify Life" also in the supply chain. To make the entire supply
chain sustainable, JINS is making efforts with its business partners to, for example, enhancetransparency of procurement processes, improve working environments, respect human rights,
preserve the environment, ensure thorough safety and health management. JINS will continue
responsible procurement to contribute to creating a sustainable society.

JINS shares with its suppliers the need to improve the transparency of the procurement process,Policy on prevention of slave labor/ human trafficking
Based on the International Bill of Human Rights and the UN Global Compact, JINS will promote
human rights due diligence and address human rights issues in the supply chain. JINS will never
be involved in slave labor and human trafficking and does not have any relationship withcompanies or producers suspected of being engaged in such misconduct. In addition, JINS will
carry out continuous risk assessment concerning various human rights issues.

improve the working environment, respect human rights, protect the environment, ensure safety
and health, quality, information security management, and corporate governance, and aims tothoroughly eliminate unfair labor and accidents. To this end, we conduct preliminary audits of our
suppliers based on our own evaluation program. We also conduct regular on-site visits to
suppliers to conduct a monitoring survey and encourage them to manage and improve ESG issues.

Policy on prevention of child labor/ forced labor
JINS prohibits child labor and forced labor in the supply chain. At JINS, child labor and forcedlabor have not been found; however, JINS will continue to ensure its suppliers comply with laws
and regulations thoroughly in each country, while conducting regular monitoring. The suppliers
are requested to take measures for preventing child labor such as requiring newly hired
employees to show official identification. Also in future, JINS will respect human rights of sociallyvulnerable persons and request its suppliers to prevent forced labor and other human rights
abuses thoroughly.

JINS Sustainability Report 2021

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Improvement of working environments in the supply chain

Supply chainーProducts & services

Healthcare

Social contribution

GovernanceAppendix

Human rights in the supply chain / Labor management

Management systems

Results of labor monitoring evaluation
JINS conducts regular labor monitoring of its suppliers through its own ESG evaluation program.

Preliminary survey of suppliers and selection criteria

The evaluation method is as follows: the factory conducts a self-evaluation based on a checksheet, JINS staff inspects the factory, and JINS evaluates the factory using the same check sheet
and scores each factory. By checking each item and screening suppliers, we select suppliers withmore appropriate human rights and labor management.

JINS conducts preliminary surveys and regular monitoring of major supplier factories using its
own check sheets in the areas of governance, quality, environment, human rights, labor, healthand safety, fair trade, and information security. In order to further improve and evolve thissurvey, we will distribute our own ESG evaluation check sheets to our supplier factories and ask
them to self-evaluate, and then check each item to screen suppliers, thereby selecting supplierswith more appropriate human rights and labor management.

Measures for preventing child labor/ unfair labor
In order to protect the labor and human rights of all people working at JINS, among the audit

Labor management systems for suppliers

items for suppliers, JINS conducts detailed audits of “prohibition of forced labor,” “prohibition ofchild labor,” “prohibition of inhumane treatment (legal compliance, minimum working conditions,worker dispatch),” and “prohibition of discrimination (legal compliance, gender equality inemployment, employment of workers with disabilities).”

In addition to preliminary surveys on the working environment of the business partners, we
conduct monitoring surveys of their activities based on our own selection criteria when we visit
their factories. Based on these surveys and evaluations, we hold dialogues with the factories, andif there are issues to be addressed, we discuss ways to improve them.

JINS Sustainability Report 2021

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Supply chain

Products & services

Healthcare

Social contribution

GovernanceAppendix

Dependable products andservices
Uncompromising product quality control
ーPolicy on product quality standards
ーQuality control systemーInitiatives for quality control
ーEmergency measures

Information security and privacy protection
ーVarious policies
ーInformation security systems
ーInitiatives to strengthen information security

Reliable support for our customers
ーCustomer service policy
ーProduct warranty and after-sales support system
ーReflecting customer opinions

JINS Sustainability Report 2021

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Dependable products and services

Uncompromising productquality control

Systems
Quality control systems

PolicyUncompromising product quality standards

JINS has created the JINS Quality Control Systems (JQCS) to confirm that the quality assurance
system conforms to and maintains the requirements for product realization and quality assurance.

JINS always strives for “ZeroCompromise” to improve product quality.
This is to enrich its customers’ lives
through JINS products. JINS’s productquality standards conform not only to
ISO standards (ISO 12870 and others)
used by eyewear manufacturers aroundthe world, and to the former JIS(Japanese Industrial Standards) inJapan, but also to JINS own internal
standards and up to 14 inspections andvisual inspections by humans in the final
stage. JINS also uses Europe’s EN
Standard that is widely used around theworld for calculating blue-light blocking
percentage. JINS takes pride in making
world-class products that meet strict
international standards.

JINS Sustainability Report 2021

‧Scope of control‧Quality policy

All products and daily operations handled by
the quality assurance team are subject tocontrol, and all operations are carried out inaccordance with JQCS.

Based on the “Corporate Policy” and“Operations Department Policy,” the quality
assurance team has established the “quality
policy for the term.” Each member of the teamcarries out business activities using the PDCA

‧Manager and subject of management of
JQCS
The manager of JQCS is the quality assurance
team leader, and all members of the quality
assurance teamwork under the direction of themethod to achieve the team quality policy.

quality assurance team leader to structure theoperations of JQCS.

inspected and revised as necessary. All
members of the quality assurance team arealso obliged to promptly propose revisions to
JQCS and optimize the contents of eachdocument, rather than making personal‧Division of roles in quality control
Based on the “flowchart of quality assurance
operations” (control number: JQCS-1-02), theroles of the quality assurance team, related
departments, and manufacturing factories
from product planning to after-sales service
are clearly defined. In addition, the roles of‧Revision of JQCS
In order to optimize the operations of thequality assurance team, JQCS is periodically

improvements to JQCS when they recognize
the need to improve operations or increase
efficiency.

each member of the quality assurance teamare clearly defined based on the “organization
chart of the quality assurance team” (control
number: JQCS-1-03).

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Products & services

Healthcare

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GovernanceAppendix

Uncompromising product quality control

Initiatives for quality control

Emergency measures

Pre-shipment inspection of finished products and its audit

Measures in case of a voluntary product recall
When a product defect is discovered, the quality assurance group compiles the number ofinquiries from customers, the number of registered defects at stores, and the number of inquiries
from various organizations, and calculates the expected frequency of occurrence and the
expected degree of harm, which are quantitative evaluation criteria. The Risk Committee thenapproves the validity of the quantitative evaluation criteria, and the final decision is madeaccording to the following procedures A through C.
A) Decision by the officer in charge
The decision made by the Risk Committee shall be approved and submitted to the Management
Committee after considering factors to be considered in management decisions on recalls.
B) Second opinions from third-party experts (lawyers, academics, consumer groups, etc.) andthird-party opinions on the appropriateness of JINS’s “implementation criteria for productrecalls,” “quantitative evaluation criteria for product recalls,” etc., the appropriateness of theevaluation of the case at hand, and the appropriateness of the decision on the merits andcontent of the recall shall be obtained.
C) Management’s final decision
The final decision shall be made based on the above second opinion of a third party.

JINS inspects the products manufactured in accordance with the JINS Quality Control Standards
at the factory before shipment, and the Quality Assurance Department determines whether therequired quality is met, thereby guaranteeing the quality assurance of the products. In addition
to appointing a manager responsible for inspection from among the members of the quality
assurance team to supervise incoming inspection operations, we have established a management
system to ensure that outsourced inspectors fully understand JQCS and JQRS before engaging inoutsourced incoming inspections.

Quality safety confirmation by third-party organizations
In order to further improve quality, JINS conducts quality safety confirmation by a third-party
organization such as a global research organization for quality assurance. By conducting quality
assurance by a third party, we are striving to improve the safety of our products and thereliability of our manufacturing process.

JINS Sustainability Report 2021

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Dependable products and services

Information security andprivacy protection

Systems
Information security systems

PolicySecurity/ Privacy policy
In recent years, as information security problems have been increasing worldwide andinformation management has become stricter due to the Act on the Protection of Personal
Information, JINS has been strengthening its information security initiatives. The Information
Security Committee, which is in charge of the overall management of information security, hasestablished the “Guidelines for Information Security Management and Operation” in addition to
the “Policy on Information Security” and “Information Security Regulations,” and has establishedand is operating policies and methods for improving the level of information security.

Systems
Internal rules for information security

JINS has established the Information Security Committee to implement systematic information
security measures. The Committee meets every month to discuss and share information security
issues with the aim of understanding the status of information security measures, formulating andreviewing guidelines, and sharing information. It examines the policies, projects, plans, andschemes for information security at JINS, and strives to manage information security inaccordance with these plans.

Initiatives to strengthen information security
Implementation of information security
training

Strengthening information security measures

JINS provides information security training to

JINS is working to improve the level of security

JINS has established and is operating the Information Security Regulations in order to enhance

employees on a regular basis. For mid-career
employees, the training is conducted eachmonth at the time of joining, and for area
directors and store directors, it is conductedannually. For the members of the Informationin order to maintain the confidentiality andsafety of our information assets. In order tofurther strengthen information security, weestablished the IT Governance Division in 2017,
which is now the IT Digital Governance Office,corporate value and social trust through the strengthening and thorough implementation of
information security. We have also established the Guidelines for Information Security
Management and Operation under these Regulations, which were substantially revised in August
2021, and are working to improve the level of information security throughout the company.

Security Committee, the latest trends and casestudies from other companies and overseas,
including Japan, are shared every month toraise their awareness of information security.

Governance Division, and is responsible forcompany-wide information security
management and various other securityrelated operations.

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Dependable products and services

Reliable support for ourcustomers

Product warranty and after-sales support system
Generous warranty for customers
JINS provides a certain level of warranty service for all eyewear purchased so that customers canuse their eyewear comfortably. For the glasses purchased at JINS, customers can use the above
services free of charge at JINS stores all over Japan, whether it is purchased at a physical store
or an online store.

Reliable warranty of JINS
Within six months from the date of delivery, customers are eligible for a warranty
up to two times for both frames and lenses.

Frames (quality warranty)

PolicyCustomer service policy
JINS offers a set price for frames and lenses,
aiming to create a price system that is easy
for customers to understand. In addition, weare constantly improving the preparation
process and educating our store staff toensure that products purchased at our storesare in the hands of customers in as short as 30
minutes. In addition, we always aim to improvecustomer satisfaction by responding tocustomer inquiries and suggestions in a
promptly and politely.

Reflecting customer opinions
Improvements based on customer opinions
Based on our policy of “listening sincerely to the voices of our customers and developing andproviding high-quality, safe, and valuable products,” we compile the opinions we receive throughdaily inquiries as needed and provide feedback to each person in charge. Depending on thecontent, we immediately share the information with the person in charge and take actions.

JINS Sustainability Report 2021

Lenses (vision warranty)

Customers are eligible for awarranty for frames in theevent of damage caused by
defective products during
the warranty period.
However, if there is no same
product in stock, it will be
replaced with a similar
product.

If customers experience any
problems with their vision
during daily use of ourglasses, we will provide awarranty.
Please be sure to bring yourwarranty card with you when
you come to the store.
If you have a prescription,please bring your newprescription with you.

*Some products are not covered by the warranty. Please check the product description of eachproduct for details.

Three free services
Free services are available at JINS stores all over Japan for any glasses purchased at JINS,
whether at a physical store or an online store.

1. Vision measurement

At JINS stores all over Japan,
we offer free vision
measurements. Please feel free
to consult us when you want tocheck your vision.
However, we recommend thatthe following people have theirprescriptions filled at an
ophthalmologist.

2. Fitting (adjustment)

After you receive the product,
we can readjust it to fit yourface at any time. Please feel
free to consult at your nearest
JINS store.

3. Replacement of screws ofnose pad and hinge

If the screws of the nose pad or
hinge become loose or come off,
we will tighten the screws or
replace them with new ones freeof charge.
*Please note that we may not beable to offer this service forsome products.
*Some parts may require a fee.

‧Those who are getting glasses for the first time
‧Junior high school students and younger‧Those who have difficulty in seeing due to eye diseases, etc.

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Healthcare

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GovernanceAppendix

Healthcare and innovation

Development of eyewear to protect eyes

ーEyewear development including collaborations with industries and academiaーBlue light blocking
ーViolet lightーPollen and droplet blocking

New business development with the eyewear business as astarting pointーJINS MEME
ーThink Lab
ーThink Lab Home

Supporting everyone's eye life
ーMyopia prevention forum sponsorshipー”Miru-iku” classes

JINS Sustainability Report 2021

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Products & services

Healthcare

Social contribution

GovernanceAppendix

Healthcare and innovation

Development of eyewear that
protects eyes

Protecting eyes from unwanted pollen and droplets JINS PROTECTThe JINS PROTECT series, which protects theeyes in various situations, has been developed
and marketed as a healthcare product toprotect the eyes from pollen, droplets, anddryness. In addition to the existing pollenblocking and moisturizing types, the flagshipmodel JINS PROTECT PRO was launched in
December 2020. All frames undergo
antibacterial treatment and have beencertified under the Society of Internationalsustaining growth for Antimicrobial Articles

Main activities(SIAA).

Eyewear development including collaborations with industries and academia
JINS is unique in the eyewear industry forhaving its own R&D lab. With the cooperationof partner companies, college professors, andmedical specialists, JINS develops groundbreaking products and services as have neverbeen seen before. JINS continues to doProtecting eyes from lack of sunlight

JINS VIOLET+(Violet light transmitting lenses)
Violet light, which is said to be necessary for

research to explore the infinite possibilities ofeyewear.
JINS’s joint projects with universities haveproduced many innovative products including
the JINS SCREEN that blocks blue light, its

the eyes, is a part of sunlight (wavelength of360-400nm) and is located between ultraviolet
light and blue light. Many of the eyeglasses,
contact lenses, and window glass in cars,
houses, offices, etc. currently in circulation are

sensing eyewear called JINS MEME, and the
JINS VIOLET+ that brings in violet light which isproven to be necessary for the eyes.

labeled as “UV400” or “UV-cut,” which meansthat they block not only ultraviolet light but
also violet light.
To address this issue, JINS has developed JINS

Today’s people are unknowingly exposed toWith the proliferation of digital devices, our

VIOLET+, a newly designed lens that takes inviolet light. This innovative lens employs ouroriginal “light optimizer” design that
selectively transmits the wavelength range ofviolet light, providing an environment thatblue light from various digital devices such as
smartphones and computers, which is feared
to affect the body.
JINS SCREEN is a lens that can easily cut blue
light. The lens is highly transparent, natural-

daily exposure to blue light emitting media
such as TVs and smartphones is increasing.

allows for the proper intake of violet light,
while blocking ultraviolet and blue light.

Protecting eyes from blue light

JINS SCREEN (Blue light blocking lenses)

looking, and easy to fit in, making it easy to
use in daily life situations such as work andhome.

JINS’s blue light blocking lenses effectively
reduce not only the light that enters directly
through the lens but also the light that isreflected through the lens and enters the eye.
This is possible only because JINS continues topursue technology and design every day. We
hope you enjoy using our high-quality blue
light blocking lenses.

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Healthcare

Social contribution

GovernanceAppendix

Healthcare and innovation

New business developmentwith the eyewear business asa starting point

Expanding from eyewear business into new areas Think Lab
A solo working space for deep thinking by yourself

Think Lab is a solo working space based on theconcept of “the best place in the world toconcentrate.” In response to the issue of“difficulty in concentrating in the office,” which
was revealed through research on JINS MEME,
a glasses-type device that can measureconcentration, we are planning and operating
spaces that enable “Deep Thinking,” where
people can concentrate deeply by themselves,
starting with the workspace developed at
JINS’s Tokyo headquarters in 2017. More andmore companies are introducing Think Lab in
their offices due to its scheme to design
spaces based on human body data. In recent
years, we have opened stores in Shiodome andGinza as B2C-type solo working spaces in linewith the age of telework, and also sell Think
Lab HOME, a product for working from home.

Flexible evolution of business based on the times Think Lab Home
Get the best concentration, even when teleworking.

Main activities
Realizing healthcare through eyewear

JINS MEME from seeing to knowing.

Think Lab HOME, with the concept of “A personal workspace like no other.” is a deep think

JINS MEME, launched in 2015, is a glasses-type wearable device equipped with an originallydeveloped three-point ocular potential sensor (patented) and a 6-axis motion sensor. In October
2021, it was significantly updated with further evolution in design, app functions, and services.
From the data acquired by the sensors, the state of the BODY, MIND, and BRAIN can be visualized
in a dedicated app. Its maintenance contents will lead you to a better state. In an age where
people need to manage their own physical and mental health by themselves due to changes inwork styles and lifestyles, JINS MEME supports you as “self-care glasses for mind and body.” Going
beyond the conventional concept of functional eyewear, we will take on the challenge of creating
a sensing eyewear market that realizes healthcare.

JINS Sustainability Report 2021

(concentration) desk for home use, modeled after the concentration booth of Think Lab, a solo
workspace for a single person. Based on the previous findings of Think Lab’s research on
concentration, every detail, including the size of the booths and the height of the partitions, hasbeen carefully considered to make it possible to divide the home into a place for living and aplace for working, even if the space is limited.
The booth is made of sustainable materials
including 99% environmentally friendly recycled
paper and wood fiber to reduce environmental
impact. Minimizing the use of metal and plastic,
it uses special cardboard materials and othermaterials with superior strength and durability.

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Healthcare and innovation

Supporting eye life for all

Based on this situation, the Myopia Prevention Forum (https://myopia-prevention.jp) wasestablished on Monday, June 22, 2020, with the aim of conducting support, dissemination, andawareness-raising activities to provide society at large with a correct understanding of myopia
and knowledge that will lead to the prevention of myopia progression from childhood and school
age to adulthood. JINS has endorsed the purpose of the Myopia Prevention Forum and has becomea co-sponsor since its establishment.
※：Yotsukura E, Tori H,… Tsubota K. JAMA Ophthalmol, 2019 Aug“Miru-iku” classes

Main activities
Myopia Prevention Forum sponsorshipWith the objective of "Protecting the Eyes of Children Who Make the Future", JINS collaborates
with CA Tech Kids, Inc., a company that operates Tech Kids School which teaches computer
programming to elementary students. Children today use more electronic devices in their daily
lives than ever before. Starting from the 2020 academic year, computer programming will becomea required subject in all elementary schools. The school environment is undergoing major changes
as compared to previous generations. In support of parents who are interested in an ICT
education for their children but are worried about the effects it may have on their children's eyes,
JINS pursues its aim of "Protecting the Eyes of Children Who Create the Future" and uses its
expertise to teach students at the Tech Kids School about light and their eyes, teaching over 2,900
children so far.
The number of people with myopia is increasing worldwide, especially in East Asian countries andregions such as China, Hong Kong, Taiwan, Singapore, and South Korea. In Japan, a myopia
epidemiological study was conducted in 2019 by the Myopia Research Team of Department ofOphthalmology, Keio University School of Medicine, targeting approximately 700 elementary andjunior high school students in Tokyo, and the study reported that 76.5% of elementary school
students and 94.9% of junior high school students were myopic. In addition, it was also reported
that approximately 10% of the 90% of junior high school students have already progressed tosevere myopia*. On the other hand, in recent years, it has become clear that there are preventive
measures that can be adopted in daily life, such as “children who spend a lot of time playing
outdoors are less likely to develop myopia” and “sunlight is effective in preventing myopia,” andthe importance of reviewing the environment surrounding children is increasing.

JINS Sustainability Report 2021

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Products & services

Healthcare

Social contribution

GovernanceAppendixSocial contribution

Coexistence with local communities and regional development
ーContribution activities to Gunma/MaebashiーNationwide expansion of storesーContribution to local agricultureーUse of local artists

Projects for children’s futures
ーProvision of education and educational materials
ーProviding courses on eye healthーSupport for work experience classes

Support for disaster-stricken areas and developing countries
ーDisaster recovery supportーDonation of eyeglasses in times of disasterーDonation of eyewear to developing countries

Promoting social diversity
ーCreation of employment for people with disabilities
ーBusiness cooperation to support people with disabilities
ーUniversal Manners Certification
ーDiscounts with electronic disability certificate

Support for cultural activities
ーDisseminating culture from JINS storesーOffice art
ーPhoto fair sponsorshipーCollaboration with architects

Initiative by overseas JINSーCSR activities in China
ーCSR activities in Taiwan
ーCSR activities in North America

JINS Sustainability Report 2021

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Healthcare

Social contribution

GovernanceAppendixSocial contribution

Coexistence with local communities
and regional development

Gunma Innovation Award sponsorship

Investment into projects to revitalize
Maebashi

To support and promote startups in Gunma –To promote regional development in the city ofwhere JINS was also founded – JINS has
supported the Gunma Innovation Award since2013 together with local newspaper publishers
and companies.

Maebashi, JINS established the Taiyo no Kai
with companies that operate from or havetheir headquarters based in Maebashi. Every
year, one percent of net income (minimum ¥1
million) is invested into projects to revitalize

Main activities
Maebashi redesign projectStores opened in all 47 prefectures of Japan
Since entering the eyewear business in 2001
with the opening of its first store in Tenjin,
Fukuoka City, Fukuoka Prefecture, JINS hascontinued to open stores to deliver JINS
products nationwide, and with the opening of
the first store in Saga Prefecture in 2021, JINS
products and services are now available in all
prefectures in Japan. We will continue tocontribute to local communities through ourbusiness.

Maebashi.

Stores that coexist with local communities

As part of the Maebashi City Revitalization
Project, a community contribution activity in
Maebashi, the Tanaka Hitoshi Foundation, of
which JINS’s CEO Hitoshi Tanaka is a
representative director, revitalized a building
as the “Shiroiya Hotel.” It underwent a majorrenovation and construction of a new wingover a period of about five years and opened
for business in December 2020. The Tanaka
Hitoshi Foundation was established in 2014 byHitoshi Tanaka, a native of Maebashi, and has

Design of fixtures, interiors, and promotional
materials by local artists and architects

been involved in community contribution
activities in Maebashi, not only as anorganization but also as an individual.

Contributing to local agriculture
through JINS norma
JINS norma CO., LTD. is undertaking a new
agricultural management system in Gunma
Prefecture where normal and disabled people
team up to farm together. This project aims tohelp the disabled gain farming experience andbecome more independent in society. It also
aims to reduce farmlands left unused due tothe labor shortage to contribute to local
agriculture.

JINS Sustainability Report 2021

JINS proactively uses local artists andarchitects according to the region where thestore is located. For example, JINS Hiroshima
Hondori, a large-scale store in the Chugoku
region, was designed by Masafumi Shimatani, a
Hiroshima-born architect, to be reminiscent of
the Seto Inland Sea, making it easy for people
with children to shop and a place for local
communication.

JINS PARK, opened in April 2021 in Maebashi,

JINS AEON MALL Okazaki (Aichi Prefecture)

Gunma, where JINS was founded, is a new
facility that aims to become a hub for local
communities.
JINS PARK was designed by architect Yuko
Nagayama. The eyewear brand “JINS” and theaims not only to be a place to sell eyeglasses
but also a place to create a local community
where customers can make new discoveries
and connect with other people every time they
visit.

bakery cafe “EVERYPAN,” which is newly
developed as a restaurant business, are both
located inside the facility.
This new store format aims to realize thecoexistence of JINS with the local community

It was designed by architect Ryuji Nakamura
based on the concept of an “unfinished place.”
In the space where glasses, books, and acommunity space coexist, about 550 wooden
boxes made of thinned wood from local

by providing an outdoor plaza that anyone canuse freely, as well as spacious spaces such asa large staircase and a rooftop terrace inside
the facility to create a place for new
interaction in the community. In the future, weOkazaki and Mikawa areas are installed, andthey transform into shelves to display glasses,
shelves to store books, and benches forcustomers to relax.
There is also a library with about 1,500 books

plan to rent out spaces such as the outdoor
plaza with a lawn, not only for JINS-sponsored
events but also for local residents to holdworkshops and events, thereby aiming tocreate a place to create new interaction andselected by book director Yoshitaka Haba,
offering not only eyeglasses but also the fun
and relaxation of finding your favorite book to
the local residents.

coexist with the community.

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GovernanceAppendixSocial contribution

Projects for children’s futures

Joint project with Tech Kids School

With the objective of "Protecting the Eyes of Children Who Make the Future", JINS collaborates

Main activities
Distribution of supplementary teachingmaterials to elementary schools"Miru-iku" classes on vision

JINS helped produce supplementary teaching

JINS wants to pique children's interest bymaterials to provide correct information about
eyes and vision and distributed them for free
to some elementary schools in an effort topreclude elementary school children fromdeclining eyesight. With the theme of "caring

teaching them about the structure of theireyes. To this end, JINS worked with Gakken
Plus to hold workshops at shopping centerswith their parents. As JINS performed all kindsof different demonstrations, JINS taught themfor your eyes and preventing shortsightedness", the information in the
supplementary teaching materials was
supervised by a pediatric eye doctor. The
information also included advice for guardians,

about how we see, visualized light that cannot
be naturally seen, and other secret wonders of
the human eye.

making it useful for both parents and theirchildren. They are proving extremely helpful toschool nurses in giving health guidance, being
used for additional counseling after school eye
exams and distributed together withtraditional health newsletters.

JINS Sustainability Report 2021

with CA Tech Kids, Inc., a company that operates Tech Kids School which teaches computer
programming to elementary students. Children today use more electronic devices in their daily
lives than ever before. Starting from the 2020 academic year, computer programming will becomea required subject in all elementary schools. The school environment is undergoing major changes
as compared to previous generations. In support of parents who are interested in an ICT
education for their children but are worried about the effects it may have on their children'seyes, JINS pursues its aim of "Protecting the Eyes of Children Who Create the Future" and uses its
expertise to teach students at the Tech Kids School about light and their eyes, teaching over
2,900 children so far.

Production and donation of JINS
"Miru-iku Cards"

Online work experience program for children

In recent years, problems with children's

For junior high schools whose work experienceeyesight have become more common. In 2019,
JINS created JINS "Miru-iku Cards" to help
create a society that fosters healthy eyes.
Through JINS "Miru-iku Cards", children canhave fun while learning about eyes, light andprograms were canceled due to the spread of
COVID-19, we created and provided videointerviews with JINS employees explaining thenature of their work, why they chose to work
at JINS, and how rewarding it is, thereby

nearsightedness. JINS has donated more than
150 sets to children's centers, after-school
programs and other institutions throughout
Japan, including the Chiyoda City Board of
Education.

helping to convey the significance andmeaning of work.

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Support for disaster-stricken
areas and developing
countries

Joined social emergency management alliance, SEMA, for disaster recovery support

During a disaster, people's eyewear tend to get damaged, lost, or forgotten at home, leading

Main activities
Donation of eyewear to developing countries

people to face inconveniences after the disaster. JINS plans to provide eyewear to these victims
through the SEMA* alliance for smoother disaster recovery.
SEMA is an alliance of 51 private companies and 6 NPOs that provides aid during major natural
disasters in Japan. It provides a comprehensive array of provisions and services from theparticipating companies. As an organization that overcomes the boundaries between corporate
entities and NPOs, it was founded to minimize the impact of natural disasters on Japanese society
and disaster victims and to expedite disaster recovery.

Donation of eyeglasses in times of disasterIn response to a request from the Social
Emergency Management Alliance (SEMA), JINS
donated JINS Pollen CUT MOIST to the Okaki
area of Nakagamimachi, Hitoyoshi City,
Kumamoto Prefecture, for use as dustproof
eyewear during the July 2020 torrential rain.
We also donated JINS PROTECT PRO to
Akitakata City, Hiroshima Prefecture, for use
as dustproof eyewear in August 2021 torrential
rain. In addition, we have conducted social
contribution activities by utilizing the

In August 2014, JINS donated prescription glasses (for short-sightedness) to elementary schools in
the Democratic Republic of the Congo in Africa through the Keio Students' Initiative on
Healthcare in Africa. JINS also donated glasses to Bhutan in 2015, 2016, and 2017. JINS provides
aid and support to developing countries where not everyone can buy glasses through various
innovative activities, such as eyeglass sharing.
In 2014, donated glasses to elementary schools in the Democratic Republic of the Congo throughcharacteristics of JINS’s products, such as
donating JINS Pollen CUT to medical
institutions in Okinawa Prefecture through the
Okinawa Medical Association to be used as a
substitute for medical goggles in light of theshortage of medical supplies due to the
spread of COVID-19.

the Keio Students’ Initiative on Healthcare in Africa.
In 2015 and 2016, donated glasses to Bhutan.
In 2017, donated eyewear to Bhutan, Vietnam, Cambodia, and Bangladesh.
In 2018, donated eyewear to Vietnam, Cambodia, Myanmar, Tibet Autonomous Region, an Mongolia.
In 2019, donated eyewear to Vietnam, Cambodia, Bangladesh, Myanmar, and the Republic of the
Sudan.

JINS Sustainability Report 2021

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Healthcare

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GovernanceAppendixSocial contribution

Promoting social diversity

Universal manners certification

In order to interact with the elderly anddisabled with the right mindset and in theproper way, JINS employees have obtained the
Universal Manners Grade 3 certification.
The Universal Manners were outlined by theJapan Universal Manners Association based in
Osaka (Representative director: Toshiya
Kakiuchi). They indicate how to becompassionate to those different from oneself,and how to provide help and support to themon the basis of sufficient understanding.
Aiming for accessible stores where the elderly
and disabled can have a pleasant experience,
JINS implemented Universal Manners in stores
and among employees in hopes that this codeof etiquette may spread even further.
The exam was taken by the CEO Hitoshi Tanaka,
headquarters employees, and area leaders
who manage stores in their assigned areas.
They attended lectures and carried out group
work to learn and understand the mindset

Main activities

advocated by Universal Manners, and thebasics of interaction with the elderly anddisabled.

Creation of employment for people with disabilities at JINS norma

Business cooperation withOTON GLASS, Inc.

Discounts with electronic disability certificate
linked with Mirairo Coupon

Oton Glass are a set of smart glasses designed

JINS has teamed up with Mirairo Inc., a

JINS norma CO., LTD. is a company that aims to realize a new form of agricultural management

for people who have difficulty reading,converting text to sound that is then played
through an attached earpiece. It is developedand sold by OTON GLASS, Inc., which JINS
supports. Oton Glass expands ones’ ability toby teaming up with people with disabilities to do farm work. The word “norma” in JINS norma isderived from the word “normalization.” We adopted this name to express our desire to realize
normalization through our business activities. Until now, in support activities for people withdisabilities, it has been common for people with disabilities to be involved as workers, and fornon-disabled people to be involved as supporters or managers. At JINS norma, we are adopting aread text through eyewear, and enable eachand every person to enjoy the world of reading
and lead rich lives. JINS also shares this verysame vision, and thus entered into a business
partnership with them. Through thisnew way of operation where each person is a member of the same team and works together as ateam to do farm work. We are convinced that team farming will lead to the realization of
normalization, which is the origin of our company name.

partnership, JINS will support Oton Glass in its
meaningful, socially-conscious efforts so that
more people can lead bright and fulfilling lives.

JINS Sustainability Report 2021

company that supports the promotion ofdiversity in society, to offer a program thatallows users of the Mirairo ID application for
smartphones, which is for holders of adisability certificate, to receive discounts forpeople with disabilities by presenting a coupon.
We are also working to provide comprehensive
support to people with disabilities so thatusers can smoothly receive the support theyneed in stores.

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GovernanceAppendixSocial contribution

Support for cultural activities

Office art

Daikanyama Photo Fair sponsorship

The Tokyo headquarters exhibits artists whose

Since 2017, JINS has been a sponsor of theworks embody JINS Holdings' vision to "Magnify
Life". JINS provides the venue and opportunity
for young artists to display their works.

Daikanyama Photo Fair organized by the FineArt Photography Association. JINS feels
intimacy with cinema and photographic arts,
because they are also created and expressed
through a lens.

Main activities
Architect collaboration store
JINS has opened a number of stores incollaboration with architects. Rather than atypical design, JINS creates an original store
space that is unique to the store byincorporating each architect’s artistic styleand the regional characteristics of the store,
and offers customers a new purchasing
experience.

In 2017, the "Magnify Photo" competition foryoung photographers was held. The Grand Prix
winner was Koji Ishikawa who was presented
with a solo exhibition opportunity at the JINS
Shibuya Store.
In 2018, two projects with the theme of"Portrait" were held featuring Takashi Homma
and Yoshiyuki Okuyama.
Takashi Homma's "With Eyeglasses" project had

Disseminating culture from JINS stores

portraits with the themes "Family", "Me","Friends", "Colleague", and "Partner" and were
exhibited at the JINS Shibuya Store and JINS
Kyoto Store.
A workshop titled "About Portraits" was also

JINS continuously promotes and supports art,
music, architecture, and other diverse culturalactivities from its retail stores.
At the flagship JINS Shibuya Store, many
special exhibitions are held at the second floor
event space. It has held exhibitions featuring

C-DEPOT 「Magnify Life」

artists such as Yasuhiro Suzuki, Teppei Kaneuji,and Haruka Koujin.
Oyama Enrico Isamu's art decorated thefacade and interior walls of the JINS Harajuku
Store, and the JINS Kichijoji Daiyagai Store

held with Yoshiyuki Okuyama as a guest
speaker. He talked about portrait photos as hewent through the works submitted by selectedparticipants, and then created a new work on
the spot while exchanging thoughts andopinions with the audience. By inviting aleading photographer to share his views, JINS
provided an opportunity for visitors to further
advance in the art of photography.

featured art by Taro Izumi. JINS stores havethus been a showcase for art for many people.
In addition, in July 2020, we held the art
exhibition “¿Es dorada? JINS 2020
Spring/Summer” with the aim of helping more
people understand the JINS brand, which aims
to enrich and expand the lives of eachcustomer and lead them to new experiences
through “seeing.”

⾦丸遥⽒「Expand to the World」

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GovernanceAppendixSocial contribution

Initiative by overseas JINS

Cases for causes: Cases designed in collaboration with a variety of nonprofits in North America,
with all proceeds donatedMain activities
Annual planting of one cherry tree for eachstore in China at Tongji University

Providing a field trip program to children in
Hualien, Taiwan

JINS North America has launched its original project “CASES FOR CAUSES” with the opening of thefirst store in North America. The project aims to “make the world a better place to see,” witheyewear cases designed in collaboration with various non-profit organizations that support theinitiative. The case design has increased to seven, and is implemented in all physical stores and Ecommerce sites in North America (as of January 2020). By donating 100% of the profit, JINS hopes
to take part in making this world a better place with its collaborators.

Japan caseEvery year, JINS China plants cherry trees at

The JINS Taiwan headquarters hosts a field

Tongji University, a school that attracts
students and visitors from all over the world.
JINS plants one cherry tree for each JINS store
in China. Cherry blossoms are a symbol ofspring in Japan, and enjoying their beauty intrip program, which invites mainly fourth andfifth graders from Shin-Cheng Elementary
School in Hualien County. JINS launched the“JINS Telescope Project” as an initiative tobroaden children’s perspective and encourage

various ways, such as flower viewing (hanami),
is part of Japan's culture. JINS hopes that thetrees it plant will provide a taste of that
culture while creating a place of relaxation. In
September 2018, JINS held a tree planting

their dreams. The students will visit stores,
and tour the head office to learn about theduties of marketing, accounting, education andvarious departments through games. This gives
them opportunities to take a different

ceremony and planted 20 cherry trees. The
following year, in March 2019, we planted 120
saplings to match the number of stores JINS
has opened in China, bringing the total numberof cherry trees to 140. JINS plan to continue

perspective from their daily lives.

The Japan Case supports theefforts of local nonprofit
organizations to preserve
Japanese cultural heritage,
provide opportunities toexperience Japanese culture,and engage in enjoyable
activities for local
communities.

planting trees for each new store, every year.

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GovernanceAppendix

Sound governanceCorporate governanceーThought process of corporate governanceーPolicy regarding internal controlsーOutline and structure of governanceーOfficer compensation/Anti-takeover measures
ーDisclosure Based on Corporate Governance CodeCorporate ethics and complianceーCode of conduct

ーEthical code
ーPolicy on prevention of corruption/briberyーPolicy on protection of whistleblowers

Risk managementーApproach to risk management
ーSystemsーAssumed risks and countermeasures

Stakeholder engagement
ーPolicy on dialogue with shareholders
ーGeneral Meeting of shareholders/shareholder returns
ーIR activities
ーRespect for stakeholders’ positions

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GovernanceAppendix

Sound governanceCorporate governance

Overview
Current corporate governance system chart

PolicyFundamental thought process related to corporate governance
Driven by its desire to enrich people's lives and unlock new experiences, the Company has upheld
its vision, Magnify Life, and strived to generate new corporate value for contributing to society.
While the environment surrounding the Company is changing rapidly, we intend to capture thesechanges and promote a sustainable business in international and local societies to fulfill our
corporate social responsibility.
To this end, it is essential for the Company to earn the trust of shareholders, customers, andother stakeholders, as well as local society. We believe that strengthening corporate governanceis the most important and crucial means of building trustful relationships.
That is why we are proactively carrying out such initiatives as the establishment of supervisory
functions to ensure promptness in our decision-making as well as appropriateness and efficiency
in the execution of our operations, and the enhancement of internal conformity systems tominimize risks which could cause damage to our corporate value. In order to achieve creation of
corporate value over the medium to long term, we will ensure more effective corporate
governance by developing an organizational governance system rather than a system supported
solely by individual ethics, and establish a sound and transparent management structure.

Outside directors
The Company has appointed three outside directors, Mr. Noboru Kotani, Mr. Jiro Kokuryo and Ms.

Corporate governance system
The Company is a company with a board of auditors and an accounting auditor. While we areworking to strengthen our corporate governance system, the Company's corporate governance isoperated by a governance structure centered on the Board of Directors and coordinated by the
Board of Auditors, the department in charge of auditing, the Accounting Auditor, etc.
Please see below regarding [Reasons Why Principles of the Corporate Governance Code Are Not
Implemented].
https://jinsholdings.com/jp/ja/company/governance/

Chiaki Hayashi. Mr. Kotani has been appointed as an Outside Director with the expectation that
he will provide oversight of and recommendations on the Company‘s overall management andexercise voting rights at meetings of the Board of Directors based on his experience and insightfrom serving as an officer of multiple listed companies. Mr. Kokuryo has been appointed as an
Outside Director with the expectation that he will provide oversight of and recommendations on
the Company’s overall management and exercise voting rights at meetings of the Board of
Directors based on his professional experience at a major telecommunications company as well
as deep insight and wide-ranging experience in management and IT as a scholar. Ms. Hayashi has
been nominated as a candidate for Outside Director with the expectation that she will provide
appropriate advice on the Company‘s business and sustainability measures based on her
experience in managing a variety of projects and working on revitalization of a local economy.

Independent officers
Basic policy for internal control
Please see below for details on our basic policy regarding Internal controls.

The Company has designated three outside directors (Mr. Noboru Kotani, Mr. Jiro Kokuryo and Ms.
Chiaki Hayashi) and two outside auditors (Mr. Tsuguya Ota and Mr. Tetsuya Oi) as independent
officers.

https://jinsholdings.com/jp/ja/company/governance/

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Sound governance ー

TopicsEnvironment

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Products & services

Healthcare

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GovernanceAppendix

Corporate governance

Overview
Policy related to constructive dialogue with shareholders
In order to contribute to the sustainable growth of the Company and the enhancement of

Anti-takeover measures

Policy for cross-shareholdings

At this time, the Company does not plan to

The Company's basic policy is not to own listed

introduce specific anti-takeover measures.

shares as cross-shareholdings. At this time, theCompany owns three issues of unlisted sharesas cross-shareholdings.

corporate value over the medium to long-term, the Company promotes constructive dialogue withshareholders to a reasonable extent. The Director in charge of IR oversees the general dialogue
with shareholders and works to enhance dialogue by assigning IR personnel to the IR Division andworking with related departments such as general affairs, accounting, and legal affairs in the
Administration Division.

Implementation of measures for shareholders and other stakeholders【Status of officer attendance at meetings of the Board of Directors】
Meetings of the Board of Directors are generally held once a month, and extraordinary meetingsof the Board of Directors are held as needed. The Board of Directors makes decisions from aboard perspective and supervises the execution of business. In addition to matters stipulated inlaws and regulations, the Articles of Incorporation and the Board of Directors Regulations, a wide
range of matters are reported, discusses, and resolved. Auditors also attend meetings of theBoard of Directors in order to supervise the execution of business by directors.

https://jinsholdings.com/jp/en/ir/library/explanationdata/

https://jinsholdings.com/jp/en/ir/
Status of attendance (number of
meetings attended / number of
meetings held; (attendance rate))
at meetings of the Board of
Directors in FY2021 (September 1,
2020 to August 31, 2021)

Concept and overview on officers remuneration
As a basic policy, compensation for the Company's Directors shall be set at an appropriate levelin light of each Director's responsibilities and level of contribution in order to ensuretransparency and objectivity. Specifically, only basic compensation shall be paid, as a fixedcompensation that comprehensively takes into account of the scope of responsibilities, businessresults, level of contribution, and other factors, within the scope of the maximum amount ofcompensation determined by resolution of the General Meeting of Shareholders.

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GovernanceAppendix

Sound governanceCorporate ethics andcompliance

Ethical code

Tax policy

JINS has established JINS Group Guidelines for

Under the recognition that declaring andCode of Ethics which provide standards to all
the employees for acting in daily operations
with high morals and a good sense, in addition
to complying with international standards,
laws and regulations applied in each country

paying tax concerning business activities aresocial responsibility, JINS has been complying
with laws and regulations in Japan andoverseas and ensuring thorough andappropriate implementation of internal rules

and region, internal regulations, etc. With
these as the base for all activities conductedinternally and externally, it provides guidelines
for responsible actions.

established. In addition, JINS aims to maximize
cash flows and enhance corporate value by
minimizing tax risks and carrying out
appropriate tax planning. Based on thesethoughts, the following tax policy has been set.

Policy on prevention of corruption/ bribery

PolicyPolicies on prevention of corruption andbribery have been prescribed in Article 8"Relationships with Governments andAdministrations" and Article 9 "Elimination ofRelationships with Anti-social Forces" of the
Guidelines for Code of Ethics and Guideline 2

Code of conduct (JINS Attitude)"Fair Transactions with Business Partners" ofthe Code of Ethical Conduct.

Policy on protection of whistleblowers
JINS has established the Whistleblower
Protection Regulations for protecting
whistleblowers based on the Whistleblower
Protection Act to build a system forappropriately handling consultation or reports
from workers or other people about

These are the attitudes essential to realizing

Inspiring

JINS vision, Magnify Life.
They underpin all the activities, bring clarity
and coherence to what JINS does, and help
JINS make the right business decisions.

Inspire. With new products and services. With
our individuality, passion, and ideas.
We should accept, understand, connect, andget others involved. Let’s be a source of joy
and inspiration.

Progressive
Be progressive and don’t fear change. Not
bound by convention, we should constantly
take on new challenges.
You and I shall both excite the world. Let’s
create new standards, together.

JINS Sustainability Report 2021

HonestBe honest. Whether it’s customers, colleagues,
communities, or the global environment, ourbusiness is derived from our relationships withothers.
Breakthroughs are all born from empathy andsincerity. Make no compromises. Let’s becomea brand that people can’t live without.

organizational and personal complianceviolations and detect and correct misconduct
in an early stage.

① Tax compliance
JINS complies with tax laws applied incountries and regions which it operates in andfulfill tax obligations. In addition, JINS
operates business activities in accordancewith OECD Guidelines, etc. It continuously
monitors the trends of laws and regulations ineach country, aiming to minimize tax risks
caused by a change in the tax system. JINS
does not use tax havens for the purpose of tax
avoidance.
② Tax governance
At JINS, the Board of Directors is responsible
for overseeing tax risks and the General
Manager of Administration Division supervising
the tax department serves as a generalmanager of tax affairs. When facing a tax
problem, JINS has been striving to solve it incorporation with domestic companies in eachcountry and of each subsidiaries and overseas
subsidiaries as necessary. Problems deemed to
be important are handled after reporting andresolution at the Board of Directors.
③Response to transfer price taxation
For transaction with foreign related parties,
considering arm's length price, profits areallocated appropriately according to businessrisks between each country and eachsubsidiary and their functions and assets.
④ Relationship with tax authorities
JINS builds transparent and soundrelationships with the tax authorities in eachcountry and region through sincere responses
to requests from them by, for example,
providing appropriate information. If there isa difference in opinion between the tax
authorities and JINS, JINS makes efforts tosolve problems through appropriate
communication with the respective tax
authorities.

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GovernanceAppendix

Sound governanceRisk management
PolicyApproach to risk management

Risk management is an important matter that should be recognized and practiced by the
management team, and is a management system that should be developed by Directors, theBoard of Directors, Auditors, and managers according to their own positions. Therefore, eachdepartment is always aware of the need to diversify risks, limit risk-taking, and hedge risks tominimize risks, and we have established a risk management system to ensure an accurate
understanding of risks. In addition, we have established the Risk Management Committee as thecontrolling department for risk management, and are developing a system to integrate andmanage the risks of each department. In order to minimize the impact of individual business risks
and the frequency of their occurrence, each department is responsible for taking necessary
preventive measures as part of its normal business operations, as well as developing emergency
response measures in the event of an occurrence. We are also deepening cooperation with Group
companies to share basic risk management processes and information across the Group.

JINS believes that it is important to prevent and appropriately manage various risks that may
arise, and has established and operated Risk Management Regulations and a risk management
system to take appropriate measures. We also pay attention to trends in related laws andregulations and changes in the social environment to accurately grasp the degree of impact ofrisks on management and take appropriate measures. In addition, for risks that have alreadybecome apparent, we aim to minimize losses due to risk by taking necessary measures.

Assumed risks and countermeasures
Matters that may have a significant impact on investors’ investment decisions as business risks
include those listed below. Please note that the forward-looking statements in this section are
based on the judgments of the Group as of the end of August 2020, and that the following
statements do not cover all risks related to investment in our shares.

Systems
Risks related to the industry environment

Risks of statutory regulations

The above risks include those related to the

The above risks include risks related tomaturation of the domestic market forcorrective eyewear, the spread and emergenceof alternative products and services, natural
disasters, the spread of infectious diseases,
and information security.

regulations related to the provisions of Article
17 of the Medical Practitioners Act, regulations
related to the Act on Securing Quality, Efficacy
and Safety of Products Including
Pharmaceuticals and Medical Devices, the Act
on the Protection of Personal Information, and
the Product Liability Act.

Risks related to the business model

Risks of changes in the financial environment

The above risks include risks related to the

The above risks include risks related toemergence of competitors, significant changes
in social, economic, and political conditions in
China, store opening policies, leasehold andguarantee deposits, securing and training of
human resources, intellectual property rights,

changes in interest rates trend, changes in thefunding environment, and the impact of
exchange rate fluctuations.

overseas expansion, and impairment of noncurrent assets.

Please see below regarding [Assumed risks and countermeasures].
https://jinsholdings.com/jp/en/sustainability/governance/03/

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GovernanceAppendix

Sound governance

Stakeholder engagement

5. Business outlook and future projections
The Company may disclose information or release comments related to business outlook, strategies, or othermatters that concern the future. These forward-looking statements are made in response to decisions reached byour management based on currently available information. The Company does not guarantee the validity or
accuracy of these statements. Accordingly, actual results may differ substantially due to a variety of risk factors,
including uncertainties and economic conditions.

6. Establishment and enhancement of internal system

PolicyWe will establish and enhance a system that facilitates cooperation between all relevant departments with thegoal of properly implementing our disclosure policy and improving the understandability of communication withstakeholders. In addition, we enacted internal regulations concerning insider trading management and arefocusing on executive and employee training aimed at ensuring thorough implementation of these regulations.。

Policies related to structure development/ Initiatives to enhance constructive dialogue withshareholders
In order to contribute to the sustainable growth of JINS and the enhancement of corporate value
over the medium to long-term, JINS promotes constructive dialogue with shareholders to areasonable extent. The Director in charge of IR oversees the general dialogue with shareholders
and works to enhance dialogue by assigning IR personnel to the IR Division and working withrelated departments such as general affairs, accounting, and legal affairs of the Administration
Division. JINS comprehensively considers the wishes and interests of shareholders and investors,

Main activities
General meeting of shareholders

Shareholder returns

and holds individual meetings and telephone conference calls as necessary. Moreover, JINS takesother measures to enhance dialogue. For example, JINS holds financial results briefings every six
months, at which management team explains JINS’s financial situation and management policy toshareholders and investors.

JINS considers the General Meeting of

Recognizing that a mid- to long-term increase

Shareholders to be a valuable opportunity for
dialogue with shareholders, and it is our policy
to fully explain the agenda, the status of ourbusiness, issues to be addressed, and questions
and answers, etc. The Annual General Meetingof shareholder value is our most importantmandate, we have a basic policy to maintainsufficient retained earnings for supporting
future business development as well as toprovide continuous and stable dividend

Disclosure policyof Shareholders of JINS is held at our head
office in late November every year. In order toallow shareholders to fully consider theagenda for the General Meeting of
Shareholders, we disclose the contents of thepayouts for our shareholders. Although ourbasic policy used to be to pay a year-end
dividend once a year, it has changed to apolicy of paying twice a year as an interim
dividend and a year-end dividend in order to

2. Disclosure standards

convocation notice on our website prior tosending the convocation notice. For thoseshareholders who are unable to attend theGeneral Meeting of Shareholders, we also
disclose the minutes of the General Meeting ofenhance opportunities to return profits to theshareholders, and have decided to pay aninterim dividend from the fiscal year ended
August 31, 2021. Our Articles of Incorporation
stipulate that we may, by resolution of the

When the Company discloses information (under its disclosure policy), it complies with Japan’s Financial
Instruments and Exchange Act and all other applicable laws and regulations (below, “laws and regulations”), as
well as with all rules established by the stock exchange on which its shares are listed (below, “listing rules”). We
also actively, promptly, and impartially disclose information that is not covered by timely disclosure standards
prescribed within laws and regulations or listing rules when we determine that it will have a significant impact on
investor decisions.

Shareholders on our website after the general
meeting.

Board of Directors, pay interim dividends witha record date of the last day of February eachyear.

Furthermore, as initiatives for revitalizing theGeneral Meeting of Shareholders and1.Basic disclosure policy
The Company aims to create a “new normal” and pioneer an unseen world through its vision, Magnify life. In
accordance with this vision, we endeavor to swiftly disclose both financial information, including current details
regarding our financial status and operating performance, and non-financial information, such as management
strategy, management issues, and information concerning risks and governance, to all of our stakeholders,
including shareholders and investors. We also ensure that these disclosures are fundamentally transparent, evenhanded, and consistent. We strive to achieve equitable information disclosure while ensuring compliance with fairdisclosure rules established within Japan’s Financial Instruments and Exchange Act and taking care to prevent
selective disclosure to specific individuals.

3. Disclosure method

The Company will ensure that all information is disclosed accurately and fairly using methods that areappropriate to the importance and urgency of the information that is slated for release. This applies to all details
that could significantly affect investor decisions, including both vital information covered by laws and regulations
or listing rules and other data not subject to timely disclosure standards prescribed within these directives.
We release information that we have determined is important and should be disclosed in accordance with timely
disclosure standards prescribed within laws and regulations or listing rules using TDnet, a timely disclosure
information transmission system provided by the Tokyo Stock Exchange. In principle, we also swiftly post the samematerials on our website. Additionally, we post information that will significantly impact investor decisions, even if
it is not covered by timely disclosure standards prescribed within laws and regulations or listing rules, while
giving appropriate weight to the importance and urgency of the information in question.

4. Silent period
To prevent leakage of financial information and to ensure fair disclosure, the Company has established a silent
period that extends from the day following the date of settlement (which can be the closing date for any fiscal
quarter or fiscal year) to the date on which corresponding financial results are announced. During this period, we
refrain from releasing any comments concerning financial results, answering any related questions, conducting
associated interviews or one-on-one meetings with analysts or institutional investors, and any other behavior that
could cause leakage of financial information or impact disclosure fairness. However, during this period, we release
any important information that we determine is important and should be disclosed in accordance with timely
disclosure standards prescribed within laws and regulations or listing rules.

JINS Sustainability Report 2021

facilitating the exercise of voting rights, sincethe 27th Annual General Meeting of
Shareholders in 2014, JINS has participated in
the Electronic Voting Platform operated by ICJ,
Inc. and allowed electronic exercise of voting
rights.

IR activities
Investors Briefing sessions for analysts andinstitutional investors are held twice a year,
once after the announcement of full-year
financial results and once after theannouncement of second quarter financial
results. The briefing materials are immediately
posted on the JINS IR website.

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