Mabuchi Motor
Year over year, Mabuchi Motor grew revenues from ¥108.4 billion JPY to ¥122.5 billion JPY. Moreover, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 75.23% to 70.94%. This was a driver that led to a bottom line growth from ¥10.5 billion JPY to ¥18.1 billion JPY.