PROFILE |
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Japan seems to like the American way. Amway Japan, the sole distributor of Amway products in Japan, operates through more than one million independent distributors. It sells some 190 different products in a number of lines that include housewares, personal care, nutrition, and home care. The multilevel marketer enables individuals to establish their own businesses by sponsoring new distributors. However, sales at Amway Japan have been falling due in part to a decline in new distributor applications. The families of Amway founders Richard DeVos and Jay Van Andel took the company private in 2000.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: August
1999 Sales (mil.): 1,319.20
1-Yr. Sales Growth: (17.1)%
Employees: 729
Revenue per employee: $1,809,602.19
KEY PEOPLE |
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Jim Payne
CEO
Yoshizo Matsushita
CFO
CONTACT INFO |
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Arco Tower, 1-8-1 Shimomeguro, Miguro-ku
Tokyo 153-8686, Japan
Phone: 81-3-5428-7000
Fax: 81-3-5428-7931
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