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PARIS MIKI HOLDINGS Inc. Accommodating Each and Every ...

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<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> <strong>Inc</strong>.<br />

<strong>Accommodating</strong> <strong>Each</strong> <strong>and</strong> <strong>Every</strong> Customer<br />

Life has existed on Earth for 3.5 billion years.<br />

Trying to imagine this incredibly long period elicits feelings of gratitude <strong>and</strong> awe for<br />

the mystery of birth <strong>and</strong> chance encounters. We recognize the inherent greatness of each<br />

<strong>and</strong> every customer <strong>and</strong> aspire to help them express that quality fully.<br />

Under our Corporate Policy of “PRIME – Building the Greatest Trust,” “Independence”<br />

<strong>and</strong> “Unique Creativity,” we are accelerating <strong>and</strong> optimizing our response to customers,<br />

creating independent management <strong>and</strong> building new businesses to resolve new issues as<br />

the times change. While working hard to accommodate customers around the world, we<br />

aspire to bring wonder <strong>and</strong> delight to the lives of customers.<br />

Corporate Philosophy<br />

Firstly, for our customers <strong>and</strong> their future.<br />

Secondly, for our employees <strong>and</strong> their future.<br />

Thirdly, for our company <strong>and</strong> its future.<br />

Corporate Policy<br />

PRIME – Building the Greatest Trust<br />

We seek to thoroughly accommodate the increasingly diverse <strong>and</strong> sophisticated<br />

dem<strong>and</strong>s of each <strong>and</strong> every customer <strong>and</strong> by resolving their issues become a company<br />

people consult when troubled.<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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Independence<br />

Since opening our first overseas store in Paris in 1973, we have recruited <strong>and</strong> fostered<br />

globally minded, diverse personnel, regardless of gender or age. We also develop<br />

world-class, genuinely independent managers <strong>and</strong> entrepreneurs.<br />

Unique Creativity<br />

As customer needs change with the times, we will use our unique approach of<br />

accommodating each <strong>and</strong> every customer to solve the issues they face.<br />

The <strong>PARIS</strong> <strong>MIKI</strong> Group Business Domains<br />

The <strong>PARIS</strong> <strong>MIKI</strong> Group consists of <strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> <strong>Inc</strong>., <strong>PARIS</strong> <strong>MIKI</strong> <strong>Inc</strong>.,<br />

KIMPO-DO Co., Ltd. <strong>and</strong> overseas subsidiaries. Its main business is retail eyewear.<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> <strong>Inc</strong>.<br />

Formulation of Group strategy<br />

Sharing of philosophy <strong>and</strong> policy<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>Inc</strong>.<br />

Chain stores in Japan specializing mainly in eyewear <strong>and</strong> related products<br />

<strong>PARIS</strong> <strong>MIKI</strong> Group Overseas Bases<br />

Retail <strong>and</strong> wholesale eyewear business outside Japan<br />

Production <strong>and</strong> marketing of lenses <strong>and</strong> frames for eyewear <strong>and</strong> related products<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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Overseas Bases<br />

France, Germany, UK, China, Singapore, Malaysia, Taiwan, Thail<strong>and</strong>, South Korea,<br />

Hong Kong, Australia, USA, Indonesia<br />

GREAT <strong>Inc</strong>.<br />

General construction, interior finishing <strong>and</strong> store management operations<br />

KIMPO-DO Co. Ltd.<br />

Chain stores mainly located in department stores specializing in eyewear <strong>and</strong> related<br />

products<br />

Create three Co., Ltd.<br />

Manufacture of frames for eyewear<br />

We strive to create new businesses that resolve the issues of the future.<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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President’s Message<br />

Helping people achieve a truly better life <strong>and</strong> a way forward<br />

My father retired from a spinning company in 1930 <strong>and</strong> opened a small store. I was in<br />

the third grade. The praise I received from our customers for running the store by<br />

myself when my father was out was my sole source of hope in getting through those<br />

dark years.<br />

Since our founding, we have believed that meeting each individual’s needs is<br />

indispensable to enabling people with vision difficulties to see well. We are convinced<br />

that matching eyeglasses with a customer’s face, characteristics <strong>and</strong> personality will<br />

fully bring out that person’s attractiveness.<br />

As an eyeglass retailer with a long history, we have the potential to create new<br />

approaches with worldwide appeal by combining Japanese insistence on high quality,<br />

emotional bonds with customers, <strong>and</strong> the best of our country’s culture <strong>and</strong> technologies.<br />

The chaos of the contemporary world provides an opportunity to begin a new era <strong>and</strong><br />

achieve a truly better life for every individual. As a company that can exceed the<br />

expectations <strong>and</strong> touch the hearts of customers worldwide, we will continue working to<br />

achieve the goal of PRIME: building the greatest trust with customers <strong>and</strong> other<br />

stakeholders.<br />

Hiroshi Tane<br />

President <strong>and</strong> Representative Director<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> <strong>Inc</strong>.<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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Corporate Profile<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> <strong>Inc</strong>.<br />

Corporate Name <strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> <strong>Inc</strong>.<br />

Founded October 10, 1930<br />

Established January 27, 1950<br />

Head Office 4-7-35, Kita-Shinagawa, Shinagawa-ku, Tokyo, Japan<br />

Capital ¥5,901,075,000<br />

Directors <strong>and</strong> Corporate Auditors<br />

Hiroshi Tane, President <strong>and</strong> Representative Director<br />

Jiro Nagata, Executive Vice President <strong>and</strong> Representative Director<br />

Junichi Kaga, Executive Vice President <strong>and</strong> Representative Director<br />

Fumihiko Nakao, Director<br />

Mafumi Tanada, Director<br />

Mikio Tane, Director<br />

Tetsuro Nakatsuka, Director<br />

Satoru Nino, Outside Director<br />

Seiji Kano, St<strong>and</strong>ing Corporate Auditor<br />

Kohtaro Yamamoto, Corporate Auditor<br />

Tomoko Aramaki, Corporate Auditor<br />

<strong>PARIS</strong> <strong>MIKI</strong> Group<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> <strong>Inc</strong>. Pure holding company<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>Inc</strong>. Chain stores specializing in eyewear <strong>and</strong> related products<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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KIMPO-DO Co. Ltd. Chain stores specializing in eyewear <strong>and</strong> related products<br />

GREAT <strong>Inc</strong>. General construction, interior finishing <strong>and</strong> store management<br />

Create three Co., Ltd. Manufacture of frames for eyewear<br />

Owners Supporter <strong>Inc</strong>. Sale <strong>and</strong> rental of industrial safety glasses<br />

Overseas Subsidiaries<br />

Eyewear retail stores outside Japan<br />

<strong>PARIS</strong> <strong>MIKI</strong> S.A.R.L. (France)<br />

<strong>PARIS</strong>-<strong>MIKI</strong> LONDON LTD. (UK)<br />

<strong>PARIS</strong>-<strong>MIKI</strong> INTERNATIONAL GmbH (Germany)<br />

Paris Miki Optical (China) Co., Ltd. (China)<br />

Shanghai Paris Miki Optical Co., Ltd. (China)<br />

Shanghai Paris Miki Trading Co., Ltd. (China)<br />

Shanghai Paris Miki Enterprises Co., Ltd. (China)<br />

<strong>PARIS</strong> <strong>MIKI</strong> OPTICAL INTERNATIONAL LTD. (Hong Kong)<br />

<strong>PARIS</strong> <strong>MIKI</strong> OPTICAL TAIWAN CO., LTD. (Taiwan)<br />

DIANE OPTICAL INC. (South Korea)<br />

<strong>PARIS</strong> <strong>MIKI</strong> OPTICAL (THAILAND) LTD. (Thail<strong>and</strong>)<br />

OPTIQUE <strong>PARIS</strong> <strong>MIKI</strong> (M) SDN BHD (Malaysia)<br />

OPTIQUE <strong>PARIS</strong>-<strong>MIKI</strong> (S) PTE. LTD. (Singapore)<br />

<strong>PARIS</strong>-<strong>MIKI</strong> AUSTRALIA PTY. LTD. (Australia)<br />

<strong>MIKI</strong>, INC. (Hawaii, USA)<br />

KIMPO-DO (MALAYSIA) SDN BHD(Malaysia)<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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PT. <strong>PARIS</strong> <strong>MIKI</strong> INDONESIA(Indonesia)<br />

CORPORATE LOGO “MANDALA”<br />

This corporate logo embodies the <strong>PARIS</strong> <strong>MIKI</strong> Group philosophy of continued<br />

expansion <strong>and</strong> encounters <strong>and</strong> connections with people across various cultures, genders<br />

<strong>and</strong> generations.<br />

The letters in the MANDALA spell <strong>PARIS</strong> <strong>MIKI</strong> lined up in alternating directions,<br />

giving the design a sense of rotation.<br />

The logo indicates the desire of the <strong>PARIS</strong> <strong>MIKI</strong> Group, which consists of people with<br />

diverse personalities, to serve as a centrifugal force that provides new values <strong>and</strong><br />

services while also acting as a centripetal force on people <strong>and</strong> objects. It also represents<br />

the Group’s desire to continue to remain dynamic, in the way that a rotating circle<br />

generates dynamism.<br />

(As of January 31, 2012)<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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<strong>PARIS</strong> <strong>MIKI</strong>’s History<br />

Oct. 1930 Seikakudo Tokeiten founded in Himeji City, Hyogo Prefecture<br />

Jan. 1950 Miki Tokeiten <strong>Inc</strong>. established in Himeji City, Hyogo Prefecture by<br />

founder Yoshio Tane (now deceased) as a retail store engaged in the<br />

sale <strong>and</strong> repair of clocks, precious metals <strong>and</strong> eyewear<br />

Mar. 1960 Renamed <strong>MIKI</strong> OPTICAL <strong>Inc</strong>. Business shifts exclusively to eyewear<br />

retailing.<br />

Mar. 1973 First overseas subsidiary, <strong>PARIS</strong> <strong>MIKI</strong> S.A.R.L., established in<br />

France <strong>and</strong> store opened on Rue de l’Opera in Paris.<br />

Jan. 1974 <strong>PARIS</strong>-<strong>MIKI</strong> CO., LTD. established in Chuo-ku, Tokyo as a base for<br />

full-fledged opening of stores in eastern Japan<br />

Jan. 1977 The Okayama New Vision Club (currently the International New<br />

Vision Club) formed to succeed the Consumer Tester Group, which<br />

had convened to reflect customers’ opinions <strong>and</strong> requests in<br />

management.<br />

July 1978 Miki Optical Institute established in Okayama City, Okayama<br />

Prefecture to initiate research <strong>and</strong> development of new eyewear<br />

tailored to individual customers<br />

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Nov. 1979 The Saidaiji store, the first suburban store, opened in Okayama City,<br />

Okayama Prefecture<br />

May 1980 Paris Miki Giken Co., Ltd. established in Himeji City, Hyogo<br />

Prefecture primarily to conduct technical research <strong>and</strong> development of<br />

eyewear <strong>and</strong> optical instruments<br />

Mar. 1988 <strong>PARIS</strong>-<strong>MIKI</strong> CO., LTD. <strong>and</strong> Paris Miki Giken Co., Ltd. merged <strong>and</strong><br />

renamed <strong>PARIS</strong> <strong>MIKI</strong> <strong>Inc</strong>. Head Office relocated to Chuo-ku, Tokyo.<br />

Feb. 1990 POS system introduced at all stores to enhance customer service <strong>and</strong><br />

increase the efficiency of sales, product, personnel <strong>and</strong> account<br />

management<br />

Feb. 1992 Announcement of technical cooperation with Shanghai University in<br />

China to train eyewear <strong>and</strong> optics professionals<br />

Oct. 1992 First store in China launched in Shanghai on Jinling East Road<br />

Jan. 1994 Louvre Mikissimes (Paris, France) becomes the first venue for the<br />

Mikissimes Design System, in which eyewear is designed for<br />

individual customers by computer graphics incorporating artificial<br />

intelligence.<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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Sep. 1994 Mikissimes Design System introduced in stores in Japan.<br />

Aug. 1995 Stock registered with JASDAQ as over-the-counter stock<br />

Dec. 1996 <strong>PARIS</strong> <strong>MIKI</strong> <strong>Inc</strong>. is listed on the Second Section of the Tokyo Stock<br />

Exchange<br />

Aug. 1998 Listed on the First Section of the Tokyo Stock Exchange.<br />

Sep. 1998 Shift begins from Company-owned stores to independent franchise<br />

stores.<br />

Feb. 2002 Awarded the Gr<strong>and</strong> Prix in the Medium-Scale Division for Mikissimes<br />

Design System “mimir” at the 6th Information Systems Awards,<br />

sponsored by Nikkei Computer<br />

May 2004 Head Office relocated to Ginza in Chuo-ku, Tokyo.<br />

Apr. 2009 <strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong>, <strong>Inc</strong>. established.<br />

Oct. 2009 <strong>MIKI</strong>SSIMES GINZA opened in Ginza in Chuo-ku, Tokyo<br />

Jan. 2010 Retail eyewear business of long-established KIMPO-DO OPTICAL<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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Co., Ltd. acquired <strong>and</strong> new subsidiary KIMPO-DO Co., Ltd.<br />

established<br />

Feb. 2010 Head Office relocated to Gotenyama in Shinagawa-ku, Tokyo<br />

Jan. 2011 Took over the eyewear production facilities <strong>and</strong> other assets of Fukui<br />

Koki Co., Ltd. <strong>and</strong> begins an eyewear manufacturing business under a<br />

new subsidiary, Create three Co., Ltd.<br />

<strong>PARIS</strong> <strong>MIKI</strong> <strong>HOLDINGS</strong> Corporate Profile<br />

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