- Business
- Okamoto Industries, Inc. manufactures and sells a diverse range of industrial products and daily necessities primarily from rubber and plastics in Japan and overseas markets. The company operates through two main segments, Industrial Products and Daily Necessities; the Industrial Products segment produces plastic films for general goods and stationery, wallpaper and decorative films for building materials including kitchen cabinets and doors, moldable ABS and acrylic sheets, synthetic leather for furniture and automotive interiors such as seats and motorcycle saddles, agricultural films and materials for vinyl greenhouses, food wrapping films, absorbent and dehydrant sheets, food sanitation gloves; the Daily Necessities segment offers condoms, medical and sanitary products including wound dressings, medical gloves, masks and autoclaves, household gloves, packaging and masking tapes, builder's tape, electrical tape, rubber bands, flexible container bags, and cleanroom products such as gloves, adhesive mats, partition films and safety shoes. Okamoto Industries also engages in solar power generation, logistics services through group distribution centers, and footwear production. Founded on January 10, 1934, and headquartered at 3-27-12 Hongo, Bunkyo-ku, Tokyo, Japan, the company maintains manufacturing plants in Shizuoka, Ibaraki and Fukushima, with consolidated subsidiaries comprising 10 domestic and 12 international entities including operations in the United States (OKAMOTO U.S.A., Inc. in Sandusky, Ohio), Thailand (SIAM OKAMOTO CO., LTD.), China (Okamoto Industries (Shenzhen) Co., Ltd.), Hong Kong, and Vietnam; it serves industries such as automotive, agriculture, food packaging, healthcare, construction and consumer goods. In recent developments, Okamoto Industries authorized a share buyback plan in November 2025 to enhance shareholder returns, reported consolidated sales of 109,107 million yen for fiscal year 2024 ending March 31, 2025 with 2,704 group employees as of April 1, 2025, and continues to expand its global footprint through existing international subsidiaries without major acquisitions or partnerships announced in the past one to two years.