Japan’s largest condom manufacturer, Okamoto Industries Inc. (TYO:5122), enjoyed strong sales and profit growth for the financial year ending March 2016. Condom sales increased significantly due to the launching of new lines, overseas market expansion and active demand from overseas visitors to Japan. The company’s gross sales were 88.38 billion yen ($810.26 million) for a 9.3 percent increase over the...
Condom manufacturer Fuji Latex Co. Ltd. (TYO:5199) posted 5.2 billion yen ($45.3 million) in sales for the first nine months of the business year through March (April-December 2015), a 4 percent year-on-year increase, with profit also expected to show an increase. By business category, medical device business operations generated 1.5 billion yen ($13.1 million) in sales, up 10 percent on...
New Year’s Top Interview: Okamoto Industries President Yoshiyuki Okamoto President Yoshiyuki Okamoto of Okamoto Industries Inc. (TYO:5122) said recently in an interview with Japan Rubber Weekly that increased capital spending had yielded results by producing good business performance in 2015. Of particular note, the company is unable to meet demand for interior automobile materials in North America as well as...
