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Okamoto Industries

Okamoto Looks to Build Recycling Facilities at Shizuoka Plant in Bid to Minimize Outsourced Waste Disposal

on January 9, 2020 in Products

Okamoto Industries Inc. (TYO:5122) is looking to establish recycling facilities within the site of its Shizuoka Plant in Yoshida, Shizuoka Prefecture. The company, which produces condoms, industrial goods and consumer products, uses the Shizuoka Plant more specifically to create the likes of plastic film, agricultural film, wallpaper and automotive interior materials. Toshio Tamura, president and CEO of Okamoto, said that...

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Okamoto Launches New Condom Aimed at Improving STD Prevention, Rate of Condom Use

on June 14, 2019 in Products

Okamoto Industries Inc. (TYO:5122) recently announced that it has launched a new condom in the Japanese market. Named the VivaGel condom, the product is aimed at preventing the transmission of STDs and encouraging more people to make use of condoms. The new product is the first in the Japanese market to make use of VivaGel coating in its lubricant. Developed...

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Okamoto Sees Sales, Profits Rise for Q1 on Back of Strong Performance From Condom Business

on August 22, 2018 in Products

Okamoto Industries Inc. (TYO:5122) has seen its sales for the first quarter of fiscal 2018 rise 6.2 percent year-on-year to 22.47 billion yen ($203.93 million), according to a recent release of business results for the period. These results also show the company’s operating profit for the quarter as having risen 2.1 percent to 2.89 billion yen, while ordinary profit was...

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Okamoto Announces 4 Billion Yen Investment for New Wallpaper Factory

on April 14, 2017 in Products

Major condom and chemical manufacturer Okamoto Industries Inc. (TYO:5122) recently announced its intention to build a new wallpaper factory in Ushiku, Ibaraki Prefecture, on a site measuring 43,000 square meters. The company will invest 4 billion yen ($36.65 million) in the new factory, which will be established in March 2018 and referred to as Tsukuba Plant. Okamoto already operates a...

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Okamoto to Upgrade Factories in Japan, Expand Condom Business in Asia: President

on January 25, 2017 in Interviews, Products

Okamoto Industries Inc. (TYO:5122) President Yoshiyuki Okamoto recently granted an interview with Japan Rubber Weekly to describe the company’s plans for the near-future. Okamoto said the company has plans to upgrade and redesign factories over the coming three years. Okamoto Industries will be aggressive in capital spending to streamline operations at plants in Japan, an effort that president Okamoto characterized...

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Japanese Rubber Companies Heavily Revise Earnings Projections

on November 17, 2016 in Industry

As companies are releasing their second-quarter earnings for the business year ending on March 31, 2017, some stand out for their revisions to projected full-year earnings. Cost-cutting boosted profits for some, while the higher yen hurt others. The following companies announced upward revisions to profit for the period: Achilles Corp. (TYO:5142), Okamoto Industries Inc. (TYO:5122), Mitsuboshi Belting Ltd. (TYO:5192), Tigers...

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