Menicon Co Ltd - Company Profile

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Menicon Co Ltd: Segment Analysis

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Business Description

Menicon Co Ltd (Menicon) designs, manufactures, imports, exports and sells contact lenses, medical goods, medical instruments, and medical supplies. The company operates factories in Gifu Prefecture, Japan and overseas in Malaysia, Singapore, China, and Europe. It sells its products through wholesale, retail stores, and a monthly membership system called Mels Plan. Globally, Menicon sells private-brand lenses to large retail chains in Europe and America, distributes lenses to eye clinics in Asia, and ships products through logistics hubs in Japan and Germany.

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R&D Overview

Menicon has undertaken several R&D initiatives, including the development of silicone hydrogel daily disposable lenses, enhancement of production capacity at the Kakamigahara and Malaysia plants, development of orthokeratology and myopia-control lenses, and enhancement of lens-care products. The company is also working on applications for its self-assembling peptide gel technology and has obtained medical-device approval for a bone-filling material. Additionally, Menicon Bloom Night, a myopia-control orthokeratology lens, holds CE-mark certification. The R&D units of the company include the General Research Institute, Techno Station, and the Clinical Research Institute. The General Research Institute focuses on developing contact lens materials and products. Techno Station is responsible for developing production technologies, while the Clinical Research Institute evaluates the safety and efficacy of products. Other units include the Menicon R&D Center, Techno Station, Menicon Nect Development Center, and various satellite research facilities, each focusing on different aspects of contact lens and care product development. The pipeline products include silicone hydrogel daily disposable lenses, orthokeratology lenses, and myopia-control lenses. In FY2026, the company spent JPY5,543 million on its R&D activities, which as a percentage of revenue stood at 4.4%.

Business Segments

Overview

Includes activities related to the food business, animal healthcare products, and composting-related business of the company.

Performance

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Overview

Produces and sells contact lenses, lens care products and other products related to lenses. - Offers both soft and gas-permeable contact lenses for use by people with conditions such as presbyopia and keratoconus, and those participating in sports. - Major soft lenses include Miru and Premio range of disposable contact lenses with wearable schedules ranging from one day to one month, and Menicon Soft range of lenses that have a wearable schedule of about a year. - Major specialty lenses include ROSE K, Menicon Bloom, Menicon Z Night, a Ortho-K and Time XL. - The range of gas permeable lenses wearable for a year includes MeniconZ, MeniconZ-a, MeniconEX, MenifocalZ, MeniconZ Night and Rose K. - Key lens care products include MeniCare Soft for Soft Lens Care and MENICARE PURE, MeniCare Plus and PROGENT for gas permeable lens care.

Performance

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Geographical Segments

Performance

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Performance

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Performance

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Performance

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Performance

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