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CORPORATE PROFILE BUSINESS DOMAIN STRANGTHS OF IRIS OHYAMA GROUP IRIS OHYAMA GROUP

CORPORATE PROFILE

1.Corporate Outline

Foundation: April 1971
Representative Director: Kentaro Ohyama
Business: Plan, development, manufacture and sales of home-use products
Capital Stock: 100 million yen (Equity: 55 billion yen)
Number of employees: 2350 (As of January 2012)
Sales: 100 billion-yen (2011 prediction)
Group Sales: 235 billion-yen (2011 prediction)
Business content: Developing, manufacturing, and selling household items
Main financing banks: The 77 Bank Ltd.
Mizuho Corporate Bank Ltd.
The Bank of Tokyo-Mitsubishi UFJ Ltd.
Development Bank of Japan Inc
Sumitomo Mitsui Banking Corporation
Corporate Philosophies:

(a) Keep pace with an ever-changing market and consumer demands by establishing mechanisms to create profit in any given environment or era.

(b) Contribute to society by always being mindful of the relationship between our Company, society and people by reinvesting profit in the Company and thereby improving the lives and lifestyles of our employees, our customers and the people who use our products.

(c) Create a business environment where improvement of the Company leads to better employees, and improvement of the employees leads to a better Company.

(d) Focus on our customers. The Customer Comes First is the foundation of our mission statement.

(e) Have high aspirations, be aware of incompleteness, be full of vitality, and strive always to create a growing, innovative organization.

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2.Messege from the President

Kentaro OhyamaPursuing home solutions for people to live in greater prosperity and comfort

IRIS Ohyama has two beliefs in business development: (a) Strive for innovation without being captive to the concepts of the past; (b) Create a market and demand based on the findings and development of “user ideas”. Our Company fostered waste-free innovation by integrating manufacturing and wholesale trade, and by ignoring the stereotypical plastics manufacturers’ methods of production, creating, instead, many different categories of goods and material products, such as wood, metal, electronic products, and pet foods, in addition to plastic products. Besides our traditional products, such as storage, pet, and craft products, we are expanding our product line to include goods such as one that detects the early sign of earthquakes, environmentally friendly LED light bulbs, masks, and pocket warmers to name a few. Expansion of such business may seem out of context at first, but are in keeping with our philosophy of finding a solution to fit consumers’ desires for “convenience and comfortability” and “safety and security”. It’s not uncommon to find cases where the products we’ve produced have enriched consumers’ lives and created new lifestyles. Along with expanding into many different marketplaces by adhering to the Maker-Vendor System of operating, we will continue to be an innovative Company that is quick to respond to any environmental changes or customer’ needs.


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3.Corporate History

Net Sales
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4.Locations of Head Office and Factories in Japan

1958 Apr Morisuke Ohyama establishes the OHYAMA blow industry.
1964 Jul Kentaro Ohyama nominated to the representative.
1971 Apr OHYAMA blow industrial incorporated.
1972 Jul The Sendai factory (present Ogawara factory) established.
1981 Jan Gardening products sale started.
1986 Apr Ohyama Co., Ltd. incorporated.
1987 Jan Pets products sale started.
  Dec The Sanda factory established.
1988 Jan Storage products sale started.
  May Iris Korea Co,.Ltd. incorporated in Seoul, Korea.
1989 Feb Household products sale started.
  Oct Stationery sale started.
1990 Apr The Tosu factory established.
1991 Mar Iris Plaza Co., Ltd. incorporated in Sendai.
  Sep Change the name of company to IRIS OHYAMA, INC.
1992 Mar The Kakuda I.T.P established.
1992 Jun Iris U.S.A.Inc. incorporated.
1993 Mar Sendai Headoffice building completed.
1994 Nov The Hokkaido factory established.The Stockton factory of Iris U.S.A. Inc. established.
1996 Mar Dalian Irisohyama Trade & Industry Co., Ltd. incorporated in Dalian, China
  Jun The Wisconsin factory of IRIS U.S.A. INC. established.
1997 Mar The Fujioyama factory established.
  Dec Dalian Iris Wood Products Co., Ltd. incorporated in Dalian, China.
1998 Aug Iris Ohyama Europe B.V. incorporated in the Netherlands.
2000 Oct Dalian Iris Home Products Co., Ltd. incorporated in Dalian, China.
2001 Jan The Maibara factory established.
  Sep Iris Chitose Co., Ltd. incorporated in Sendai.
2002 Nov The Dallas factory of Iris U.S.A. Inc. established.
2003 Mar The Saitama factory established.
Distribution center of Iris Korea Co., Ltd. established in Gumpo, Korea.
  Aug Dalian Iris Development Co., Ltd. incorporated in Dalian, China.
2004 Dec Simple Style shop in Sendai opened.
2005 Dec Iris Fine Products Co., Ltd. incorporated in Sendai.
2006 Jan Distribution center of Dalian Iris Group established in Dalian, China.
  Jun Dalian Iris Wooden Products Co., Ltd. incorporated in Dalian, China.
  Jul Iris Showa Co., Ltd. incorporated in Sendai.
2007 Oct Iris Fine Products Co.,Ltd. becomes enrolles in a project of the Deoxidant.
Dec Iris Shinyo Inc. incorporated in Sendai.
2008 Feb Iris Soko Inc. incorporated in Sendai.
Apr Dalian Iris International Trade Co., Ltd. incorporated in Dalian, China.
Dec Iris group Made Daisin Co., Ltd. its subsidiary.
2009 Jul Affiliated Daisin and IRIS Plaza
  Aug Yantai IRIS Pet Co. Ltd. Established
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