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,...
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JRW Study: Japan’s Top 100 Rubber Firms See Rising Sales, Falling Profits for 2017
More than three-quarters of Japan’s top 100 rubber companies saw their sales rise year-on-year in fiscal 2017, an independent study by Japan Rubber Weekly has found. According to the results of this study, 79 of Japan’s top 100 firms operating in the industry reported year-on-year increases to sales, up from 48 in fiscal 2016. Double-digit sales growth was posted by...
Okamoto Industries President Forecasts Continued Demand for Automotive Products
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’s Top 100 Rubber Companies Total Around 4 Trillion Yen in Sales for 2016
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 Enjoys Brisk Sales for Interior Auto Parts and Condoms
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 to Release New, Sensation-enhancing Polyurethane Condoms
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....
