Alright everybody get ready to check your pants.
There is a 9 out of 10 chance that you are wearing clothing that utilizes YKK zippers. YKK makes 90% of zippers worldwide.
Yoshida Kogyo Kabushikikaishia
First let’s see if we can say this. I gave it a shot here.
See if you can do any better by uploading your attempt and putting a link in the comments section.
In 1934 Tadao Yoshida founded Yoshida Kogyo Kabushikikaishia (YKK) and has expanded to 206 facilities in 52 countries. The largest of which is in Georgia and produces over 7 million zippers daily.
So they are a huge company with an astronomical amount of inventory. That isn’t at all what makes them special. YKK makes it’s own Zippers, machines to make zippers, even the boxes it ships its zippers in! YKK has minimal need for outside dealings making them a Vertical Monopoly.
To some this may sound very illegal. In fact it is quite the opposite. We learn about Vertical Monopolies from a great businessman by the name of Andrew Carnegie. He built his steel company in a very similar manner and revolutionized the supply chain and means of production. It is not so common today for companies to own their entire supply chain, and even less common for a company to be as successful as YKK.