Okamoto Industries Inc. (TYO:5122) President Yoshiyuki Okamoto believes that his company this year will likely be able to maintain the business performance that it saw with automotive products in 2017. Sitting down for an interview recently with Japan Rubber Weekly, Okamoto said that he expects these products to keep up sales levels, particularly in the U.S. and China, though he...
Japan Rubber Weekly recently conducted a study of the top 100 companies in Japan’s rubber industry, analyzing their business performance for fiscal 2016. Of these 100 companies, 48 posted a year-on-year revenue increase. Seven companies managed a double-digit increase to revenue, including NOK Elastomers Processing Co. Ltd., which ranked 42nd out of the 100 companies with an 11.9 percent increase,...
Okamoto Industries Inc. (TYO:5122) is significantly increasing revenues by gaining new orders for its interior automobile parts thanks to the global growth of the company’s customers. Yoshiyuki Okamoto, the company’s president, commented on the particularly robust sales in the North America market. Okamoto’s plant in Sandusky, Ohio is a manufacturing center for interior auto parts that has increased revenues by...
Okamoto Industries Inc. (TYO:5122) has announced the launch dates for two new condom products: the Okamoto 0.02 Real Fit, on Oct. 3, and the Okamoto 0.01 L Size, on Nov. 11. Since the Okamoto 0.02 series of water-based polyurethane condoms hit store shelves in 2009, the company has developed a product lineup with varied sizes, colors, shapes and other features....
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...
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...
