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Menicon Co., Ltd

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Menicon Co., Ltd - Healthcare showcase

Year Founded & Workforce

1951

3,083 Employees

Industry

Healthcare

Services

Gas Permeable Lenses
M

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Menicon Co., Ltd Overview

Company Headquarters: Nagoya, Japan

Founded: 1951

Workforce: ~3,083

Company Working: Menicon Co., Ltd (Menicon) manufactures, sells, exports, and imports contact lenses, lens care products, and other medical goods worldwide. The company offers daily disposable and replacement type lenses. Menicon is the only manufacturer in the world that is involved in all areas of contact lens-related business, including material development, lens designing, and manufacturing of contact lenses, and care solutions.

Strategy

· Menicon strives to improve customer relation by introducing MELS plan support to their customers so that they can use their high-quality, safe contact lenses.

· The company also heightens employee satisfaction by providing a rewarding work environment that permits self-actualization as a company respectful of individuals.

Company Snapshot

$595.13M

Revenue

3,083

Employees

1951

Founded

Nagoya, Japan

Headquarters

SWOT Analysis

Strengths

  • High-quality mass manufacturing facility
  • Strong brand loyalty in Japan

Weaknesses

  • Product recall
  • Inefficient management

Opportunities

  • Expanding sales of daily disposable contact lenses
  • Product development

Threats

  • Increasing availability of similar products healthcare industry

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Product Offering

  • Menicon Co., Ltd
    • Gas Permeable Lenses

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 595.1 Mn in 2016 to USD 694.3 Mn in 2018.
Menicon Co., Ltd — By Business Segment
Series (USD Mn)201620172018
Sales595.1617.6694.3

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