Condoms Contribute to Okamoto’s Increased Sales

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…

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