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