View Information by placing the cursor over the year. <table border="0" cellpadding="0" cellspacing="0" width="640"> <tr> <td align="center" valign="top" colspan="2"><table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td valign="top" width="10%">1888</td> <td valign="top" width="50%">Founder and first President Kanekicki Itou started production of hair clippers first in Japan.</td> </tr> <tr> <td valign="top">1923</td> <td>Incorporated "Nippon Riki Kabushikikaisha" (English: "LOBSTER" TOOL CO., LTD.) with a capital of ¥100,000.</td> </tr> <tr> <td valign="top">1928</td> <td>Started manufacturing Wrenches and Pliers.</td> </tr> <tr> <td valign="top">1932</td> <td>Started manufacturing Wrenches and Pliers first in Japan by "all dropforging method".</td> </tr> <tr> <td valign="top">1944</td> <td>Increased the capital up to ¥1,000,000.</td> </tr> <tr> <td valign="top">1951</td> <td>Authorised to put JIS (Japan Industrial Standard) mark on Adjustable Angle Wrenches first in Japan.</td> </tr> <tr> <td valign="top">1958</td> <td>President Keizo Fukuda won "Yellow Ribbon" Award.</td> </tr> <tr> <td valign="top">1964</td> <td>Listed on Osaka Stock Exchange Market.</td> </tr> <tr> <td valign="top">1965</td> <td>Built up the drop forging plant in Yao City.</td> </tr> <tr> <td valign="top">1967</td> <td>Started manufacturing riveting tools.<br> Increased the capital up to ¥150,000,000.</td> </tr> <tr> <td valign="top">1969</td> <td>Appointed as a model factory for rationalization by M.I.T.I.<br> President Keizo Fukuda won Forth Class Order of the Sacred Treasure.</td> </tr> <tr> <td valign="top">1972</td> <td>Increased the capital up to ¥200,000,000.</td> </tr> <tr> <td valign="top">1973</td> <td>Celabrated a jubilee, having 8 sales branch offices in Japan.</td> </tr> <tr> <td valign="top">1974</td> <td>Reinforced the department of research and development.</td> </tr> <tr> <td valign="top">1975</td> <td>Increased the capital up to ¥300,000,000.</td> </tr> <tr> <td valign="top">1976</td> <td>Increased the capital up to ¥330,000,000.</td> </tr> <tr> <td valign="top">1977</td> <td>Merged with "Lobster" Tools Sales Co., Ltd. and increased the capital up to ¥410,000,000.</td> </tr> <tr> <td valign="top">1979</td> <td>Increased the capital up to ¥500,000,000.</td> </tr> <tr> <td valign="top">1983</td> <td>Started manufacturing Diamond Tools.</td> </tr> <tr> <td valign="top">1985</td> <td>Built a new building for Head Office in Higashi-Osaka city.</td> </tr> <tr> <td valign="top">1986</td> <td>Built a new building for Branch Office in Tokyo.</td> </tr> <tr> <td valign="top">1988</td> <td>Celebrated 65th jubilee (or 100th anniversary after foundation).</td> </tr> <tr> <td valign="top">1989</td> <td>Increased the capital up to ¥960,000,000.<br> Opened up a branch office in Atsugi.</td> </tr> <tr> <td valign="top">1990</td> <td>Built a new building for Branch office in Fukuoda.</td> </tr> <tr> <td valign="top">1991</td> <td>Moved the dropforging plant to Tottori, and formed a daughter company Tottori Lobster Tool Co., Ltd.<br> Opened a branch office in Kanazawa.<br> Formed a daughter company, Lob-Ace Co., LTD. and started Golf Driving-range business.</td> </tr> <tr> <td valign="top">1992</td> <td>Opened a branch office in Kita-kantoh (Gunma perfecture), now having 11 sales offices in Japan.<br> Changed the corporate name from "LOBSTER" TOOL CO., LTD. into LOBTEX CO., LTD., based on new corporate concepts and visions.<br> </td> </tr> </table>
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