Company history
1960 Jul.
1963 Sep.
1965 Jan.
1969 Feb.
1970 May.
1975 Oct.
1979 Jun.
1980 Jul.
1982 Jul.
1984 Mar.
Apr.
1988 Mar.
1991 Mar.
1992 Oct.
1993 Apr.
1996 Jun.
1997 Apr.
1998 Apr.
Oct.
1999 Jun.
2000 May.
Jul.
Nov.
2001 Jun.
2002 Sep.
2004 Mar.
Dec.
2005 Jul.
2006 Dec.
2007 Apr.
Nov.
2008 Dec.
2009 Jun.
Jul.
Jul.
2010 Apr.
Sep.
2012 May.
2013 Dec.
2014 Jan.
2015 Mar.

・ Yutaka Beauty Chemicals Co., Ltd. established in Higashi Yodogawa-ku, Osaka to manufacture and sell cosmetics (coldperming chemicals, shampoos, etc); factory also established at the same site・ Head Oﬃce in Higashiyodogawa-ku, Osaka relocated to Higashisumiyoshi-ku, Osaka,
old plant closed, and the Kire Plant newly established in Higashisumiyoshi-ku
・ Trade name changed to Milbon Co., Ltd. Head Oﬃce relocated to Asahi-ku, Osaka the following month・ Ueno Dai-Ichi Plant opened as a full-scale factory in Ueno City, Mie Prefecture(currently Iga City, Mie Prefecture); Kire Factory closed
・ Tokyo Branch opened in Minato-ku, Tokyo・ Ueno Dai-Ni Plant opened in Ueno City, Mie Prefecture (currently Iga City, Mie Prefecture)・ Osaka Branch opened in Miyakojima-ku, Osaka; Osaka Studio opened in tandem
・ Tokyo Branch relocated to Shinjuku-ku, Tokyo; Tokyo Studio opened in tandem
・ Nagoya Branch opened in Naka-ku, Nagoya; Nagoya Studio opened in tandem
・ Training center opened in Miyakojima-ku, Osaka・ Start of ﬁeld person strategy (inaugural class entered company)
・ Start of Milbon's unique TAC product development system
・ Training center relocated to Joto-ku, Osaka・ Aoyama Plant newly established in Aoyama-cho, Naga-gun, Mie Prefecture(currently Iga City, Mie Prefecture)・ Launched the NIGELLE brand for natural design creation
・ Company stock registered with the Japan Securities Dealers Association for over-the-counter trading
・ Head Oﬃce relocated to Miyakojima-ku, Osaka; old Head Oﬃce renovatedand Central Research Institute established
・ Tokyo Branch relocated from Shinjuku-ku to Shibuya-ku, Tokyo
・ LISCIO hair relaxing system, based on iron technology, launched・ DEESSE'S hair care series for colored hair launched・ Aoyama Plant expanded
・ Company listed on the second section of the Tokyo Stock Exchange・ Training center and employee dormitory newly constructed in Joto-ku, Osaka・ Company listed on the ﬁrst section of the Tokyo Stock Exchange
・ Head Oﬃce and Central Research Institute relocated from Asahi-ku, Osaka toMiyakojima-ku, Osaka following the construction of a new building
・ MILBON USA, Inc. (consolidated subsidiary) newly established in New York City, United States of America
・ MILBON USA, Inc. Studio opened in New York City, United States of America
・ Yumegaoka Plant opened in Iga City, Mie Prefecture
・ Osaka Branch relocated from Miyakojima-ku, Osaka to Nishi-ku, Osaka・ Fukuoka Sales Oﬃce upgraded to become Fukuoka Branch・ Launched the new hair color brand for foilwork, ORDEVE
・ Milbon Trading (Shanghai) Co., Ltd. (consolidated subsidiary) newly established in People s Republic of China
・ Milbon Trading (Shanghai) Co., Ltd. Studio opened
・ Ueno Dai-Ichi Plant in Iga City, Mie Prefecture closed
・ Production Technology Development Center established at Yumegaoka Plant
・ Milbon Korea Co., Ltd. (consolidated subsidiary) newly established in Republic of Korea; Korea Studio opened in tandem
・ Aujua, comprehensively segmented system hair care, launched
・ Tokyo Branch Extension and rebuilding; Marketing Department relocated to the Tokyo Oﬃce
（THAILAND）
CO., LTD. （Consolidated Subsidiary）
newly established in Kingdom of Thailand
・ MILBON（THAILAND）
CO., LTD. Factory newly established in Kingdom of Thailand
・ MILBON
・ Central Research Institute expanded
・ Tokyo Ginza Branch opened in Chuo-ku,Ginza;Tokyo Ginza Studio opend in tandem

Note: Studios are training centers for beauticians

As of April 1, 2015

Corporate ProfileCorporate outline

Net Sales

Establishment July 1960
CapitalDirectors

2.0 billion yenPresident and CEORyuji Sato

Number of employees

571（689, consolidated）

Average age

34.7

Business activities

Manufacturing and sales

Director

Yasuhumi Takeda

Senior Managing Director Katsumi Kaneyama

Director

Mitsuru Oshio(domestic/export) of hair coloring

Managing Director

Noboru Shigemune

Director

Kazunobu Konoike

products,

Managing Director

Masahiro Murai

Corporate Auditor Koji Murata

hair styling products, permanent

Director

Osamu Toyota

Outside Auditor

Keisuke Endowave products, shampoos,

Director

Masayuki Fujii

Outside Auditor

Shoichiro Takahata

conditioners, hair treatments,

Director

Teruo Murata

Operating Income / Net Income（￥million）
25,22625,0004,500

23,82920,000 19,749

21,887

20,526

3,986

3,792

3,578
3,000

medical hair growth promotion
products,

15,000

2,621

2,516

2,304

（￥million）

30,00028,13826,321
24,104
23,662
22,592
22,14920,843
20,36720,00019,05917,699

2,128

1,831

10,000（￥million）
4,451

4,302

Net Assets / Total Assets

10,000

1,500

5,000

tools for permanets, etc.

02010

2011

2012

02014

2013

2010

2011

■Operating Income

2012

2013

02014

■Net Income

2010■Net Assets

2011

2012

2013

2014

■Total Assets

Subsidiaries, Representative offices

Business facilities, plants
Head Oﬃce

2-3-35, Zengenji-cho, Miyakojima-ku, Osaka

TEL 06-6928-2331

MILBON USA,INC.

TEL +1-212-431-8438

Tokyo Aoyama Branch

2-6-9, Jingumae, Shibuya-ku, Tokyo

TEL 03-3470-9547

Milbon Trading（Shanghai）Co., Ltd.

TEL +86-21-6391-7017

Tokyo Ginza Branch

3-9-7 Ginza,Chuo-ku,Tokyo

TEL 03-3524-2350

Milbon Korea Co., Ltd.

TEL +82-2-3448-7400

Nagoya Branch

3-19-8, Sakae, Naka-ku, Nagoya

TEL 052-243-5040

MILBON（THAILAND）CO., LTD.

Osaka Branch1-9-8, Kyomachibori, Nishi-ku, Osaka

TEL 06-6443-6116

Taiwan Representive Oﬃce

TEL +66-38-027-371˜ 5

Equity Ratio
84.9

1-3-38, Tenjin, Chuo-ku, Fukuoka

TEL 092-762-1120

Hong Kong Representive Oﬃce

5-1-5, Minamiichijonishi, Chuo-ku,Sapporo

TEL 011-272-3801

Vietnam Representive Oﬃce

TEL +84-8-6288-4683

Sendai Sales Oﬃce

2-8-13, Chuo, Aoba-ku, Sendai

TEL 022-722-2411

Malaysia Representive Oﬃce

TEL +60-3-7493-5145

Saitama Sales Oﬃce

1-114-1, Miya-cho, Omiya-ku, Saitama

TEL 048-650-5821

Turkey Representive Oﬃce

TEL +90-212-705-6294

Yokohama Sales Oﬃce

2-20-5, Minamisaiwai, Nishi-ku, Yokohama

TEL 045-317-0877

Indonesia Representive Oﬃce

TEL +62-2954-6851

Kanazawa Sales Oﬃce

4-133, Kuratsuki, Kanazawa

TEL 076-268-6777

Philippines Representive Oﬃce

TEL +632-621-2614

Kyoto Sales Oﬃce

12-1, Tachiuri Higashi-cho, Yanaginobanba

TEL 075-253-6641

2-7-4, Sannomiya-cho, Chuo-ku ,Kobe

TEL 078-391-0780

3-17, Fukuro-machi, Naka-ku, Hiroshima

TEL 082-247-4571

Yumegaoka Plant

7-7-5, Yumegaoka, Iga City, Mie Prefecture

TEL 0595-26-3838

Aoyama Plant

758-30, Iseji, Iga City, Mie Prefecture

TEL 0595-52-3321

Central Research Institute2-3-35, Zengenji-cho, Miyakojima-ku, Osaka

TEL 06-6925-8010

Training Center

2-15-14, Chuo, Joto-ku, Osaka

TEL 06-6786-3030

86.1

84.1

12.5

1011.8

10.8

10.7
10.6

10.1

9.2

8.9

11.3

202011

2012

2013

02014

20102011■Return on Equity

2012

2013

1383.0167.2

1352.3

160.0

1,200
900

80

600

40300

2010

2011

2012

■ Earnings Per Share

■Return on Assets

1472.1 1,500

128.702014（￥）

1231.6
152.8

120

9.6

5

2010

1412.3

160
146.1

400

Earnings Per Share /Book-value Per Share
200

85.7

60

Higashi-iru, Shijo-dori, Shimogyo-ku,Kyoto
Hiroshima Sales Oﬃce

84.4

80

Sapporo Sales Oﬃce

（％）

15100

TEL +886-2-2313-1825

Fukuoka Branch

Kobe Sales Oﬃce

Return on Equity /Return on Assets

（％）

2013

20140

■ Book-value Per Share●In computing the earnings per share, the average number of outstanding shares (yearly average) was used.
●In computing the book-value per share, the number of outstanding shares (year-end) was used.

Financial High lights（￥million）
2010.12.20

2011.12.20

2012.12.20

2013.12.20

2014.12.20

Net Sales

19,74920,526

21,887

23,82925,226

Operating Income

3,578

3,792

3,986

4,302

4,451

Ordinary Income

3,327

3,545

3,735

4,059

4,218

Net Income

1,831

2,304

2,128

2,516

2,621

Total Assets

20,843

22,592

23,662

26,321

28,138Net Assets

17,69919,05920,367

22,14924,104

Avarage Number of shares outstanding during the period (thousand shares)

12,532

13,782

16,536

16,462

16,374

Number of shares outstanding at the end of ﬁscal year (thousand shares)

12,532

13,781

16,536

16,37816,373●Treasury stock is deducted from the number of outstanding shares at the end of the period.
●The Company conducted a 1.2 for 1 stock split eﬀective December 21,2013. The average number of shares outstanding during the period and the number ofshares outstanding at the end of ﬁscal year were calculated assuming that stock split was conducted at the beginning of the ﬁscal year 2012.

Sales by Product Category（￥million）

Composition of Sales
by Product Category

2011.12.20

2012.12.20

2013.12.20

2014.12.20

30,000Hair Care Products

10,135

10,398

11,06912,616

14,59725,000Hair Coloring Products

7,278

7,987

8,820

9,288

8,817

Permanent Wave Products

1,998

1,816

1,678

1,623

1,520

Others

337

323

318

301

291

Total

19,74920,526

21,887

23,82925,226（％）（￥million）

2010.12.20

20,00015,00025,22623,8296.0 1.2
21,887
6.8 1.3
19,749 20,526
7.7 1.4
8.8
1.6
35.010.1 1.7
39.0
40.3
36.9
38.9

10,0005,0000

51.3

50.7

50.6

2010

2011

2012

■Hair Care Products

52.957.82013

2014■Hair Coloring Products■Permanent Wave Products■Others