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Copyright © G&S INT LTD 2009
Japanese & Eyewear
  Japan has been going through an eyewear
  craze for the past few years and glasses
  have become important accessories
  amongst both “fashionistas” and the
  regular consumer. International as well as
  established Japanese manufacturers and
  retailers remain important, but thanks to
  the significant ongoing demand for well-
  styled, reasonably-priced specs, the market
  is still growing. A number of trendy brands
  which offer designer models for ¥30,000-
  ¥50,000 or more have been the main
  market for years. However, in times of
  global recession, even the traditionally
  “high-priced retail market” Japan is
  expanding particularly in the low segment,
  as Japanese consumers tend to be more
  cost-conscious these days.
  In 2008, goo Research in Tokyo conducted an online survey
  amongst 1,094 Japanese consumers asking them what things
  they place emphasis on when choosing eyeglasses 
Copyright © G&S INT LTD 2009
Top 10
        Japanese consider in choosing eyeglasses




Copyright © G&S INT LTD 2009
Top 10
        Japanese consider in choosing eyeglasses




Copyright © G&S INT LTD 2009
Top 10
        Japanese consider in choosing eyeglasses




Copyright © G&S INT LTD 2009
Top 10
        Japanese consider in choosing eyeglasses




Copyright © G&S INT LTD 2009
Top 10
        Japanese consider in choosing eyeglasses




Copyright © G&S INT LTD 2009
Top 10
        Japanese consider in choosing eyeglasses




Copyright © G&S INT LTD 2009
Top 10
Japanese consider in choosing eyeglasses
What’s the latest in ...

         Glasses superstore Megane has introduced a service  "Mobile    Fitting"
                                                        - It allows phone users to try out new
                                                        glasses frames
                                                        - simply take a photo of your face
                                                        with your camera phone, and then
                                                        combine the mug shot with pictures
                                                        of glasses downloaded from Megane

                                                        - the Web page includes a QR code,
                                                        as you can see at the bottom of that
                                                        clipped image as a “mobile code.”
                                                        - unlike in the US or the EU, QR codes
                                                        (barcode-like images) are posted on
                                                        Web pages, posters and the like for
                                                        camera phone users to snap a photo
                                                        to obtain a URL, information about a
                                                        product or service, etc




Copyright © G&S INT LTD 2009
What’s the latest in ...

         TV you can take anywhere, fitting your glasses  “Wearable     TV"

                                                    - images on the two LCD panels are
                                                    enlarged using a prism in the lenses,
                                                    meaning the wearer will feel
                                                    watching the images on a 45-inch
                                                    screen
                                                    - the head-mounted display has
                                                    already a number of industrial uses,
                                                    and is now beginning to move into
                                                    the mainstream market in Japan
                                                    - some models have a lens for just
                                                    one eye and can receive also TV
                                                    broadcasts (currently Japanese TV
                                                    only)




Copyright © G&S INT LTD 2009
What’s the latest in ...

         New type of glasses that can bend, fit your face  “Bending                                  Glasses"
   - surely not a mass-market best seller soon, but a futuristic outlook of eyewear of the next century – designed in Tokyo




Copyright © G&S INT LTD 2009
Why is Tokyo/Japan an
               interesting market for

    foreign brands?

 Japan is …
 - world’s 2nd biggest retail market
 - the main spot for fashion in Asia
 - trendsetting in high-tech/life-style

Foreign fashion brands do …
- sell to 127 million JP consumers
- get inspiring design ideas in Tokyo
- get a foothold in Japan / whole Asia
Copyright © G&S INT LTD 2009
Examples of successful retail
                                entries to Japan
 IKEA Japan, established 2002
 Business: home furnishings, retail
  6 stores in Tokyo until 2010 (first two to opened in 2006), plus 4
 to six stores in the Osaka area
  Tommy Kullberg, president of Ikea Japan: “If Ikea can win the
 confidence of Japanese consumers, we can sell our products
 anywhere in the world.”

 H&M Japan, established 2008
 Business: apparel, retail
 H&M released its annual report at the end of January 2009 and
 revealed that its Japanese subsidiary managed to rake in no less
 than ¥2.1 billion (16.8 million EUR) in just two months. The sales
 include the openings of the first two stores but only until the end of
 the company’s financial year which is November 30. Since the first
 two stores only opened 13 September and 8 November, this means
 16 million EUR in sales from two stores over 102 trading days in
 total. H&M said in the report that “The reception of the two new
 H&M stores in Tokyo was fantastic and sales surpassed the
 company’s high expectations.”

 Other entries: Puma (2003), Marcolin (2007), Zara, Swatch
Copyright © G&S INT LTD 2009
Few key points in regards to Japanese customers

        • Extreme focus on quality and customer service (you will find the biggest claim rate
          worldwide in Japan)
        • Need to show long term committement to Japan
        • Excellent distribution and service network a must
        • Some adaption to the Japanese market often required
        • Extreme need and request for technical information and documentation
        • Close and frequent communication to partner and customers necessary to maintain
          well-working long-term relations
        • Focus hard on hiring top people (a pool of very talented Japanese are available if
          you screen carefully). Use recruiting agencies and headhunters rather than printed
          or internet ads
        • OK to take a premium price still, although the market is becoming more competitive




Copyright © G&S INT LTD 2009
Contacts

                                     G&S International Japan    The Europe Japan Business Center
                         Amenity D Building, 6-4-13 Soshigaya   Amenity D Building, 6-4-13 Soshigaya
                          Tokyo Setagaya-ku, 157-0072 Japan     Tokyo Setagaya-ku, 157-0072 Japan

                                   phone +81-80-5519-1260       phone +81-50-5532-1298
                                 email contact@gs-int-ltd.com   email info@ej-bc.com
                                     web www.gs-int-ltd.com     web www.ej-bc.com




                               Business Development & Consulting in Japan




Copyright © G&S INT LTD 2009

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Eye Wear Japan 2009

  • 1. Copyright © G&S INT LTD 2009
  • 2.
  • 3. Japanese & Eyewear Japan has been going through an eyewear craze for the past few years and glasses have become important accessories amongst both “fashionistas” and the regular consumer. International as well as established Japanese manufacturers and retailers remain important, but thanks to the significant ongoing demand for well- styled, reasonably-priced specs, the market is still growing. A number of trendy brands which offer designer models for ¥30,000- ¥50,000 or more have been the main market for years. However, in times of global recession, even the traditionally “high-priced retail market” Japan is expanding particularly in the low segment, as Japanese consumers tend to be more cost-conscious these days. In 2008, goo Research in Tokyo conducted an online survey amongst 1,094 Japanese consumers asking them what things they place emphasis on when choosing eyeglasses  Copyright © G&S INT LTD 2009
  • 4. Top 10 Japanese consider in choosing eyeglasses Copyright © G&S INT LTD 2009
  • 5. Top 10 Japanese consider in choosing eyeglasses Copyright © G&S INT LTD 2009
  • 6. Top 10 Japanese consider in choosing eyeglasses Copyright © G&S INT LTD 2009
  • 7. Top 10 Japanese consider in choosing eyeglasses Copyright © G&S INT LTD 2009
  • 8. Top 10 Japanese consider in choosing eyeglasses Copyright © G&S INT LTD 2009
  • 9. Top 10 Japanese consider in choosing eyeglasses Copyright © G&S INT LTD 2009
  • 10. Top 10 Japanese consider in choosing eyeglasses
  • 11. What’s the latest in ... Glasses superstore Megane has introduced a service  "Mobile Fitting" - It allows phone users to try out new glasses frames - simply take a photo of your face with your camera phone, and then combine the mug shot with pictures of glasses downloaded from Megane - the Web page includes a QR code, as you can see at the bottom of that clipped image as a “mobile code.” - unlike in the US or the EU, QR codes (barcode-like images) are posted on Web pages, posters and the like for camera phone users to snap a photo to obtain a URL, information about a product or service, etc Copyright © G&S INT LTD 2009
  • 12. What’s the latest in ... TV you can take anywhere, fitting your glasses  “Wearable TV" - images on the two LCD panels are enlarged using a prism in the lenses, meaning the wearer will feel watching the images on a 45-inch screen - the head-mounted display has already a number of industrial uses, and is now beginning to move into the mainstream market in Japan - some models have a lens for just one eye and can receive also TV broadcasts (currently Japanese TV only) Copyright © G&S INT LTD 2009
  • 13. What’s the latest in ... New type of glasses that can bend, fit your face  “Bending Glasses" - surely not a mass-market best seller soon, but a futuristic outlook of eyewear of the next century – designed in Tokyo Copyright © G&S INT LTD 2009
  • 14. Why is Tokyo/Japan an interesting market for foreign brands? Japan is … - world’s 2nd biggest retail market - the main spot for fashion in Asia - trendsetting in high-tech/life-style Foreign fashion brands do … - sell to 127 million JP consumers - get inspiring design ideas in Tokyo - get a foothold in Japan / whole Asia Copyright © G&S INT LTD 2009
  • 15. Examples of successful retail entries to Japan IKEA Japan, established 2002 Business: home furnishings, retail  6 stores in Tokyo until 2010 (first two to opened in 2006), plus 4 to six stores in the Osaka area  Tommy Kullberg, president of Ikea Japan: “If Ikea can win the confidence of Japanese consumers, we can sell our products anywhere in the world.” H&M Japan, established 2008 Business: apparel, retail H&M released its annual report at the end of January 2009 and revealed that its Japanese subsidiary managed to rake in no less than ¥2.1 billion (16.8 million EUR) in just two months. The sales include the openings of the first two stores but only until the end of the company’s financial year which is November 30. Since the first two stores only opened 13 September and 8 November, this means 16 million EUR in sales from two stores over 102 trading days in total. H&M said in the report that “The reception of the two new H&M stores in Tokyo was fantastic and sales surpassed the company’s high expectations.” Other entries: Puma (2003), Marcolin (2007), Zara, Swatch Copyright © G&S INT LTD 2009
  • 16. Few key points in regards to Japanese customers • Extreme focus on quality and customer service (you will find the biggest claim rate worldwide in Japan) • Need to show long term committement to Japan • Excellent distribution and service network a must • Some adaption to the Japanese market often required • Extreme need and request for technical information and documentation • Close and frequent communication to partner and customers necessary to maintain well-working long-term relations • Focus hard on hiring top people (a pool of very talented Japanese are available if you screen carefully). Use recruiting agencies and headhunters rather than printed or internet ads • OK to take a premium price still, although the market is becoming more competitive Copyright © G&S INT LTD 2009
  • 17. Contacts G&S International Japan The Europe Japan Business Center Amenity D Building, 6-4-13 Soshigaya Amenity D Building, 6-4-13 Soshigaya Tokyo Setagaya-ku, 157-0072 Japan Tokyo Setagaya-ku, 157-0072 Japan phone +81-80-5519-1260 phone +81-50-5532-1298 email contact@gs-int-ltd.com email info@ej-bc.com web www.gs-int-ltd.com web www.ej-bc.com Business Development & Consulting in Japan Copyright © G&S INT LTD 2009