Okamoto posted sales of 54.49 billion yen ($362.81 million), up 6.9% year-on-year, operating income of 4.92 billion yen, up 3.2%, ordinary income of 5.02 billion yen, down 16.5%, and net income of 2.98 billion yen, down 34.9% in the first half (April to September) of the fiscal year ending March 31, 2025. Sales and operating income increased due to strong...
Okamoto reported a 3.4% year-on-year rise in sales to 26.07 billion yen ($177.21 million), a 10.7% rise in operating income to 2.54 billion yen, a 9.7% rise in ordinary income to 3.59 billion yen, and a 19.3% decline in net income to 2.21 billion yen for the first quarter of the fiscal year ending March 31, 2025. By segment, sales...
Okamoto reported a 12.1% year-on-year rise in sales to 25.28 billion yen ($172.75 million), a 26.5% rise in operating income to 2.2 billion yen, a 27.7% rise in ordinary income to 3.27 billion yen, and a 68.5% rise in net income to 2.74 billion yen for the first quarter of this fiscal year (April-June 2023). By segment, sales of industrial-use...
Yoshiyuki Okamoto, chairman and president of Okamoto Industries Inc. (TYO:5122), recently said that the company is planning to add 10 billion yen ($87.25 million) in investments over the coming three years. On top of setting up a new logistics base in Okayama to bolster its foundations in western Japan, the company is making efforts overseas as well, with plans to...
Okamoto Industries Inc. (TYO:5122) is set to establish a new plant for the production of automotive interior materials in Wuhan, Hubei Province, China. Operated by a new subsidiary named Okamoto Manufacturing Wuhan Co. Ltd., the new plant is set to see construction begin this May and finish in December. The Wuhan plant will give Okamoto a third production base for...
Chemical products and condom manufacturer Okamoto Industries Inc. (TYO:5122) recently posted results for the April–June quarter of fiscal 2020. Net sales here were down year-on-year 14.6 percent, dropping to 19.365 billion yen ($183.47 million); operating income was down 15 percent, dropping to 1.923 billion yen; ordinary income fell 5 percent to 2.416 billion yen; and net profit dropped 10.4 percent,...
