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Mitutoyo Bicycle

This is a rather unusual and relatively rare bike.  The seat, handlebars and top tube all telescope down to make a fairly compact portable bike.  Mitutoyo probably didn't make the bike though their name and logo are on it.  Mitutoyo is a well known maker of precision measuring instruments based in Japan.  They probably contracted this bike to be made as a promotional gift for the dealers of their measuring products.  Since the company's old logo is used on the bike, this would date it to the late 60's or early 70's.

Mitutoyo Bicycle - 1

Mitutoyo Bicycle - 2

Mitutoyo Bicycle - 3