Amway Japan Limited - 9821- Profile

Amway Japan Limited was organized as a joint stock corporation in 1977 and commenced sales activities in 1979. It became publicly held in April 1991, listed on the Over-The-Counter market in Japan and also listed on the New York Stock Exchange in June 1994. The company is the exclusive distribution vehicle in Japan for Amway Corporation (United States) and is a direct selling company distributing approximately one hundred and eighty consumer products through a core distributor force of approximately 1,100 thousand independent distributors. Personal care products including cosmetic and skin care products, hair care products, hand and body lotions, soaps and oral care products accounted for 36% of fiscal 1999 revenues; housewares including water treatment system units and replacement parts, Amway Queen cookware, electromagnetic induction range and kitchen knives, 26%; nutritional products including vitamins and dietary supplements, 24%; home care products including laundry care products and household cleaners, 9% and other, 5%. The company had one consolidated subsidiary Amway Japan Enterprise Inc. which was based in the United States and was liquidated on November 1st, 1996.