Yes!
My first good road bike was a Sekine. In the early 70s a Sekine with a double-butted chrome-moly frame cost $160, and the buyer could choose between having it outfitted with clinchers or sewups. The drivetrain was all SunTour except for the SR crankset, and it shifted beautifully. Though I'm a big fan of French bikes, at the time the Sekine was a much better bike for the money.