Kokuyo Camlin

Kokuyo Camlin Ltd.
FormerlyDandekar & Co.
Camlin Ltd.
Company typePublic
IndustryStationery
Founded1931 (1931) [1]
FateAgreement with Kokuyo Co. Ltd. of Japan to share profits (2012)[2]
Headquarters,
Area served
South Asia
Key people
Dilip Dandekar (Chairman) [3]
ProductsArt materials, writing implements, office products
BrandsCamel
Number of employees
1095 (in 2023)
Websitekokuyocamlin.com
Kokuyo Co., Ltd.
FormerlyKuroda Kokkodo Co., Ltd.[4]
Company typeKabushiki gaisha
IndustryStationery (primary), Office furniture, video games (former)
Founded1905 (1905) [5]
FounderZentaro Kuroda
Headquarters,
Area served
Asia, North America
Key people
Hidekuni Kuroda (President) [6]
ProductsStationery, office products, office furniture
Number of employees
6825 (Dec 2021)
Websitekokuyo.com

Kokuyo Camlin Ltd., is an Indian stationery manufacturing company based in Mumbai.[7] The company shares profits with Kokuyo of Japan, which holds around 51% stake in Kokuyo Camlin.[2][8]

The company sells products related to art materials, writing implements and office goods.[7]

History

Camlin was established in 1931 by D. P. Dandekar and his brother G. P. Dandekar[9] starting operations as "Dandekar & Co." with "Horse Brand" Ink powders and tablets in 1931,[1] and shortly started producing "Camel ink" for fountain pens. It was incorporated as a private company in 1946, and then turned into a public limited company in 1998.

In 2011, Japanese stationery major, "Kokuyo Co. Ltd", acquired a 50.74% stake in Camlin[8] for 366 crore. Dilip Dandekar continued as chairman and managing director of the company. The deal facilitated the entry of Kokuyo products, mainly paper and office stationery into the Indian market, while Camlin aimed to increase its exports to other countries.[2][10]

Kokuyo Japan

Kokuyo Co., Ltd. (コクヨ株式会社, Kokuyo Kabushiki Gaisha) is a Japanese manufacturing company of stationery, office furniture, and office equipment. Kokuyo was established in Japan, in 1905 by Zentaro Kuroda, as "Kuroda Ledger Cover Shop" that made covers for Japanese-style account ledgers (wacho).[1][4] In 1914, the company name changed to Kuroda Kokkodo, and the manufacture of accounting slips, invoices, duplicate copybooks, and letter paper began. The company began using the current name "Kokuyo Co., Ltd." in 1961.[4]

In May 2011, Kokuyo S&T Co., Ltd., a wholly owned subsidiary of Kokuyo, acquired a 50.74% stake in Camlin Ltd.[2]

See also

References

  1. ^ a b c "About Kokuyo Camlin". Archived from the original on 30 March 2024. Retrieved 30 March 2024.
  2. ^ a b c d "Japan's Kokuyo to buy Camlin in Rs 366 cr deal". The Times of India. 31 May 2011. Archived from the original on 30 March 2024. Retrieved 30 March 2024.
  3. ^ "Board of Directors". Archived from the original on 30 March 2024. Retrieved 30 March 2024.
  4. ^ a b c "About Kokuyo - Initiatives and History". Archived from the original on 3 March 2024. Retrieved 31 March 2024.
  5. ^ "Kokuyo Corporate Data, December 2021". Archived from the original on 30 March 2024. Retrieved 30 March 2024.
  6. ^ "GlobalData- Kokuyo Co., Ltd: Overview". Archived from the original on 30 March 2024. Retrieved 30 March 2024.
  7. ^ a b "GlobalData- Kokuyo Camlin Ltd: Overview". Archived from the original on 30 March 2024. Retrieved 30 March 2024.
  8. ^ a b "Kokuyo completes buyout of 51% in Camlin". Business Standard. 20 January 2013. Archived from the original on 31 March 2024. Retrieved 31 March 2024.
  9. ^ Limca Book of Records. Bisleri Beverages Limited. 2001. Retrieved 29 January 2022.
  10. ^ "Japan's Kokuyo to buy majority stake in Camlin". Business Standard. 20 January 2013. Archived from the original on 30 March 2024. Retrieved 30 March 2024.