KKR and JIC Capital to invest in Topcon Corporation.

KKR, a private equity firm, and JIC Capital, an investment company, agreed to invest in Topcon Corporation, a Japanese manufacturer of optical equipment for ophthalmology and surveying, for JPY348bn. “Today’s announcement represents a crucial step in realizing “Topcon 2.0” and in achieving our long-term vision and to drive future growth. Strategically partnering with KKR and JICC will enable us to focus on bold, agile investments and management initiatives, including structural reforms, without being constrained by potential short-term uncertainties. I am confident that our close alignment between the management team and our future shareholders for this MBO will enable us to address mid- to long-term challenges together, implement management initiatives more effectively, and accelerate our business expansion,” Takeshi Eto, Topcon President and CEO.