Mandom

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Mandom Corporation
株式会社マンダム
Type Public
Traded as TYO: 4917
Industry Health and Beauty
Founded Osaka, Japan (December 23, 1927 (1927-12-23))
Headquarters 5-12 Juniken-cho, Chuo-ku, Osaka, Japan
Key people Motonobu Nishimura
(Representative Director President Executive Officer)
Revenue Increase¥57,262 million (FY 2011)[1]
Operating income Increase¥5,747 million (FY 2011)[1]
Net income Decrease¥2,672 million (FY 2011)[1]
Total assets Decrease¥53,328 million (FY 2011)[1]
Total equity Increase¥45,291 million (FY 2011)[1]
Employees 2,232 (as of March 31, 2011)
Website www.mandom.co.jp

Mandom Corporation (株式会社マンダム?) was created in 1927 under the name Kintsuru Perfume Corporation (金鶴香水株式会社?) and is a manufacturer and distributor of hair care, skin care, perfumes, and deodorants. The company changed its name to Mandom Corporation in 1971 and is now based in Osaka, Japan. Other services provided by Mandom Corp includes "life and nonlife insurance; staffing; and general services, such as building maintenance and operation, back-office, and environmental maintenance." [2]

History[edit]

In 1927, Shinpachiro Nishimura founded the Kintsuru Perfume Corporation. After the success from releasing a pomade called the Tancho Stick in 1933, Kintsuru Perfume Corp. began to focus its future efforts in men's care. By 1959, the success of the Tancho Stick led the company to change its name to Tancho Corporation.

Tancho's efforts with expanding outside of Japan was further boosted in 1970 when the company launched a new line of highly successful men's care products, called Mandom, which took its name from a combination of the words "human" and "Freedom".[3] An innovative advertising campaign featuring Charles Bronson became the first of a long series of Japanese ads to feature top Hollywood stars. Tancho then changed its name again, to Mandom Corporation, in 1971.

In 1976, Mandom's success and the creation of their flagship brand, Gatsby, encouraged them to move into direct sales of their products.[4] However, despite the success of the Gatsby brand, the moving to direct retail sales was disastrous for Mandom. By 1980, the company was had no choice but to give up the direct sales model and return to wholesale distribution.

Mandom went public in 1988, selling shares on the Tokyo exchange's over-the-counter market. In 1989, Mandom introduces Lucido, a new cosmetic line for women. Into the early 2000s, Mandom wanted to continue to seek out new product markets. They decided to expand its international presence further by establishing the Gatsby and Lucido brands as its flagship global brands.[5]

Marketing Brands[edit]

Flagship brands: Gatsby: beauty care products aimed specifically at men. Lucido: beauty care products aimed specifically at women.

Other brands: Dr. Renaud, Guinot brand, Formulate, Aristia, and Direction Refilia, Pixy, Pucelle, Miratone, and Johnny Andrean.

With the expansion of Gatsby in the international market, the Gatsby branch of Mandom Corp became extremely successful in producing hair styling products. In 2007, the release of "Moving Rubber", a series of hair styling products, started a wave of popularity for Gatsby products. Now Gatsby is an established and renown maker of quality beauty and hair care for men and women alike.

Annual Sales[edit]

¥57.3 billion (2011)[1]

¥55.2 billion (2009)[6]

¥51.3 billion (2007)[7]

¥47.92 billion (USD 422.55 million) (2006)[8]

References[edit]