INTERMESTIC INC.【JP:262A】Stock Price

Intermestic is a retail company that handles the planning, manufacturing, and sales of eyeglasses and eyeglass accessories in-house. Its flagship brand is Zoff. The company adopts an SPA (Specialty store Retailer of Private label Apparel) model, managing everything from product planning to sales internally to offer competitively priced products.

Its primary customers are individual consumers, with sales primarily generated through company-operated stores in Japan. By eliminating wholesalers, the company reduces intermediary markups and maintains high profit margins through coordinated information sharing between product planning and sales operations.

The business is divided into domestic and international operations. Domestically, the company operates Zoff stores directly (307 stores as of December 2024). Internationally, it expands the brand through local subsidiaries and franchise partners. The company focuses on its own eyeglass and accessory brands, responding to customer needs through rapid product development and regular inventory updates.

Intermesteek operates under the mission of "making eyeglasses the star of the era." By integrating planning, manufacturing, and sales through an SPA model, the company achieves both low prices and high profit margins. Key performance indicators include revenue, gross profit margin, operating profit margin, same-store sales growth, sunglasses revenue, e-commerce revenue, and number of new domestic stores. The company's directly operated Zoff stores expanded to 307 locations by the end of December 2024, with customer repeat rates exceeding 10% annually. The company aims for sustained revenue growth and steady expansion of its store network.

Priority investment areas include product development and marketing. Beyond functional products such as "Zoff SMART" and "Galileo," the company enhances appeal through collaborations with anime and apparel brands, transforming customer needs into desires. By improving design, functionality, and safety, the company differentiates itself from competitors and focuses on expanding sunglasses adoption, positioning UV protection as a lifestyle solution.

For new market development, the company pursues strategic store openings in regional areas, shopping centers, and station buildings domestically, while internationally it builds on franchise operations in Hong Kong and Singapore as a foundation for expansion into third countries. For e-commerce, the company continues investing in brand awareness and feature improvements of its own platform, aiming to increase customer numbers and purchase frequency through expanded product offerings including collaborative items. The company expands its business by combining physical channels domestically and internationally with online channels.

Regarding technological innovation, the company focuses on introducing digital technology to store and headquarters operations to reduce routine tasks and improve productivity. Specific initiatives include deploying self-service vision testing machines, ticketing systems, and new lens processing equipment, while standardizing workflows and improving operational manuals to enhance store efficiency. The company also invests in strengthening internal control systems and compliance awareness, aiming to promote digitalization on a stable business foundation.