Toda Kogyo
Basic Information
- Stock Code
- 4100
- Industry
- Chemicals
- Category Detail
- Chemicals & Chemical Products
- Prefecture
- Hiroshima Prefecture
- Establishment Year
- November 1933
- Listing Year
- February 1963
- Official Website
- https://www.todakogyo.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
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Overview
Toda Kogyo is a leading company in the chemical industry, founded in 1933, specializing in functional pigments and magnetic materials, providing high-quality inorganic materials to a wide range of industries both domestically and internationally.
Current Situation
In the fiscal year ended March 2023, Toda Kogyo recorded consolidated net sales of approximately ¥34.9 billion and operating profit of approximately ¥1.36 billion, establishing a top-class position in Japan in the fields of functional pigments and magnetic powder materials. The company has strengths in technology development for inorganic materials centered on iron oxide and ferrite magnetic materials, providing a diverse range of products to cutting-edge industries such as IT devices, automobiles, and secondary batteries. Through a capital and business alliance with TDK, it has strengthened technological collaboration and global expansion, accelerating its entry into overseas markets. The company is actively engaged in sustainability through environmentally friendly product development and the provision of dioxin inhibitors. Under its medium-term management plan 'Vision 2023,' it is promoting product diversification and production efficiency improvements as part of its growth strategy. Additionally, it is investing in innovations such as nanotechnology applications and battery material development to strengthen its technological foundation for future demand. It also engages in corporate social responsibility and regional contribution activities, expanding its business both domestically and internationally with a base in Hiroshima Prefecture. It maintains stable growth through the development of high value-added products and prompt responses to market needs.
Trivia
Interesting Facts
- Began bengara production in 1823, with over 200 years of history
- Developed high-quality iron oxide using the world's first wet synthesis method
- Technological accumulation through long-term joint research with Kyoto University
- Significant share in the world market for magnetic materials for magnetic tapes
- Strengthened technology through capital and business alliance with TDK
- Focus on pigment development utilizing nanotechnology
- Pioneer in environmentally friendly dioxin inhibitors
- Global expansion through diverse subsidiaries
- Early entry into lithium-ion battery materials field
- Stable production system domestically and internationally based in Hiroshima Prefecture
- Dedicated equipment for coloring agents for electronic printing
- Continuing product improvements amid strengthened environmental regulations
- Inheriting the entrepreneurial spirit of founder Toda Shigekō
- Holds numerous patents in ferrite magnetic materials
- Domestic top-class magnetic powder material company
Hidden Connections
- Deep cooperative relationship in battery materials field through capital alliance with TDK
- Wet synthesis method became industry standard through joint research with Kyoto University
- Strengthened material supply to European market through joint venture with BASF Japan
- Securing presence in Asian markets through subsidiaries in China and Korea
- Long years of pigment manufacturing technology contributed to historical development of magnetic tapes
- Influence on consumer electronics market through powder materials for home printers
- Close collaboration with domestic and international automotive manufacturers through supply of automotive battery materials
- Leading the deployment of environmentally friendly products, contributing to formation of industry sustainability standards
Future Outlook
Growth Drivers
- Increase in demand for electronic materials due to digitalization progress
- Expansion of battery materials for EVs and renewable energy
- Increased demand for environmentally friendly products due to strengthened regulations
- Growing demand for functional pigments in global markets
- Acceleration of product development applying nanotechnology
- New business creation through strengthened alliance with TDK
- Innovation in advanced material manufacturing technologies
- Increasing demand for infrastructure development domestically and internationally
- Market expansion in medical and electronic device fields
- Social interest in sustainable material development
Strategic Goals
- Achieve net sales of over ¥50 billion
- Expand overseas sales ratio to over 40%
- Environmentally friendly materials sales ratio over 70%
- Establish new product lineup utilizing nanotech
- Establish position as global leader in battery materials
- Carbon neutralize manufacturing processes
- Market creation through joint technology development with TDK
- Strengthen supply chain sustainability
- Promote cooperative corporate activities with local communities
- Acquire new patents through innovation promotion
Business Segments
Chemical Pigments and Coloring Materials
- Overview
- Provides high-quality chemical pigments and coloring materials to various industries, supporting improvements in customer product performance.
- Competitiveness
- Advanced manufacturing technology and quality control centered on iron oxide
- Customers
-
- Paint manufacturers
- Ink manufacturers
- Plastic manufacturers
- Automotive parts manufacturers
- Building materials manufacturers
- Electronic device manufacturers
- General industrial chemical manufacturers
- Packaging companies
- Textile industry
- Printing service companies
- Home appliance manufacturers
- Industrial coating companies
- Products
-
- Iron oxide pigments
- High heat-shielding pigments
- UV cut pigments
- Environmentally friendly nano pigments
- Rust-preventive pigments
- High-durability dyes
- Special metallic pigments
- Pigments for electronic materials
- Coloring resin additives
- Pigments for paints
- Pigments for inks
- Developers
Magnetic Materials and Electronic Materials
- Overview
- Provides high-performance magnetic powders and electronic materials that form the core of magnetic recording and electronic devices.
- Competitiveness
- Development capabilities for high-function magnetic materials backed by years of technological accumulation
- Customers
-
- Magnetic tape manufacturers
- Electronic component manufacturers
- Home appliance manufacturers
- Automotive manufacturers
- Electrical machinery manufacturers
- IT device manufacturers
- Communications equipment manufacturers
- Thin-film printer manufacturers
- Semiconductor-related companies
- Memory device manufacturers
- Products
-
- Ferrite magnetic powder
- Magnetic recording materials
- High-purity iron oxide
- NFC ferrite sheets
- Thin-film magnetic materials
- Magnetic sensor materials
- Abrasives for electronics
- Materials for metal tapes
- Magnetic card materials
- Pigments for electronic printing
Lithium-Ion Battery-Related Materials
- Overview
- Supplies high-performance materials for next-generation batteries, contributing to expansion in EV and energy storage fields.
- Competitiveness
- Possesses mass production system for advanced materials through joint venture with BASF
- Customers
-
- Battery manufacturers
- Automotive manufacturers
- Electronic device manufacturers
- Renewable energy companies
- Power storage technology developers
- EV manufacturers
- Storage battery manufacturers
- Material development companies
- Electronic component suppliers
- Secondary battery recyclers
- Products
-
- Cathode materials
- Active powders
- Hydrotalcite materials
- Inorganic materials for secondary batteries
- Automotive battery materials
- High-energy density materials
- Long-life battery materials
- Environmentally friendly battery materials
- Battery material synthesis technology
- Battery materials
Environmentally Friendly and Functional Chemicals
- Overview
- Develops and supplies functional chemicals aimed at environmental conservation and safety improvements.
- Competitiveness
- High-efficiency material manufacturing using environmental technology and nanotechnology
- Customers
-
- Environmental treatment companies
- Soil remediation operators
- Wastewater treatment companies
- Public works
- Construction companies
- Chemical manufacturers
- Waste management companies
- Resource recycling companies
- Industrial waste management companies
- Agriculture-related companies
- Products
-
- Dioxin suppression catalysts
- Soil remediation materials
- Groundwater remediation agents
- Low environmental impact materials
- Functional catalysts
- Environmentally friendly pigments
- Exhaust gas treatment agents
- High-efficiency adsorbents
- Energy-saving materials
- Environmental recycling materials
Magnetic Card and Electronic Printing Materials
- Overview
- Provides high-precision materials necessary for magnetic cards and electronic printing, supporting a wide range of customers.
- Competitiveness
- Industry-leading fine powder technology and reliability
- Customers
-
- Card manufacturers
- Printer manufacturers
- Copier manufacturers
- IT solution companies
- Telecom carriers
- Financial institutions
- Public transportation operators
- Printing service providers
- Paper product manufacturers
- Security equipment manufacturers
- Products
-
- Magnetic powder materials
- Carrier materials
- Powders for electronic printing
- Spherical magnetite for laser printers
- Developers for color printers
- Pigments for copiers
- Materials for IC tags
- NFC-related materials
- Security coatings
- Special printing pigments
Pigments for Building Materials
- Overview
- Provides superior weather-resistant and environmentally friendly coloring materials for architecture, enhancing the added value of building materials.
- Competitiveness
- Extensive product lineup based on long years of pigment technology
- Customers
-
- Building materials manufacturers
- Housing construction companies
- Public building contractors
- Paving contractors
- Exterior painting contractors
- Remodeling companies
- Architectural paint manufacturers
- Design offices
- Environmental architecture companies
- Civil engineering contractors
- Products
-
- Coloring pigments
- Materials for colored paving
- High weather-resistant pigments
- Heat-shielding pigments
- Environmentally friendly pigments
- Durability improvement materials
- Waterproof pigments
- Nano pigments for painting
- UV protectants
- Architectural pigment compounding materials
Functional Materials for Automotive Industry
- Overview
- Develops and supplies high-function materials for the automotive industry, contributing to environmental response and product performance improvements.
- Competitiveness
- Advanced battery material technology and extensive supply track record
- Customers
-
- Automotive manufacturers
- Automotive parts suppliers
- Secondary battery manufacturers
- Electronic component manufacturers
- EV manufacturers
- Industrial material trading companies
- Automotive painting companies
- In-vehicle electronics manufacturers
- Metal processing companies
- Research institutions
- Products
-
- Cathode materials for batteries
- Magnetic powder materials
- High-durability pigments
- In-vehicle electronic materials
- EV battery active materials
- Pigments for heat-shielding paints
- Heat-resistant painting pigments
- Nano materials for automobiles
- Magnetic recording materials
- Electronic print materials
International Expansion and Overseas Operations
- Overview
- Bases in North America, Asia, and Europe, providing a wide range of products in the global market.
- Competitiveness
- Stable supply of high-quality products through collaboration with abundant overseas subsidiaries
- Customers
-
- Overseas manufacturers
- International trading companies
- Global automotive companies
- Overseas electrical manufacturers
- International paint manufacturers
- Overseas environmental companies
- Asian electronic component companies
- North American battery producers
- European IT-related companies
- Multinational chemical companies
- Products
-
- Various pigments
- Magnetic materials
- Lithium-ion battery materials
- Materials for electronic devices
- Environmentally friendly products
- Functional chemicals
- Materials for magnetic recording
- Advanced powder materials
- Special coating materials
- High-performance abrasives
Powder Processing and Special Material Manufacturing
- Overview
- Provides specialized functional materials based on advanced powder control technology, supporting research and development.
- Competitiveness
- Precision design capabilities from accumulated diverse powder processing technologies
- Customers
-
- Powder processing companies
- Special material manufacturers
- Nanotech companies
- Functional material research institutes
- Precision equipment manufacturers
- Advanced medical device companies
- Cosmetic raw material suppliers
- Chemical experiment equipment companies
- Material testing equipment companies
- Industrial material development companies
- Products
-
- Nano powder materials
- Special dispersion pigments
- Functional abrasives
- Powder coating agents
- Precision powder mixtures
- High-purity raw material powders
- Particle size control materials
- Functional carrier materials
- Nano metal powders
- 3D powder design products
Research and Development and Technical Support
- Overview
- Supports customer R&D, strengthening technological capabilities through new material creation and material evaluation.
- Competitiveness
- Strength in long-term accumulation and diverse joint research track record
- Customers
-
- University research institutions
- Corporate research labs
- Technology development departments
- Industry-academia collaboration projects
- New material development companies
- Patent-holding companies
- Product development companies
- CAE analysis companies
- Quality control departments
- Environmental technology research
- Products
-
- Technical consulting
- Material evaluation services
- Test development labs
- Nano material evaluation
- Product modeling
- Patent technology licensing
- Material analysis services
- Custom material development
- Manufacturing technology improvements
- Quality management support
Logistics and Sales Support
- Overview
- Optimizes domestic and international sales networks and logistics systems to achieve rapid product supply.
- Competitiveness
- Efficient supply system through multi-site network
- Customers
-
- Wholesalers
- Logistics companies
- Sales agents
- Distributors
- Trading companies
- Warehouse management companies
- EC operators
- Import/export companies
- Local sales stores
- Online shop operators
- Products
-
- Product delivery
- Warehouse storage
- Customer support
- Logistics optimization services
- Online sales support
- Import/export management
- Warehouse inventory management
- Order processing
- Sales channel development
- Shipping management
Competitive Advantage
Strengths
- Advanced iron oxide manufacturing technology
- Reliability backed by long history
- Rich product portfolio
- Technological enhancement through capital and business alliance with TDK
- Domestic top-class magnetic powder materials
- Global production and sales network
- Practical application of advanced nanotech
- Customer base across diverse industries
- Robust R&D system
- Promotion of environmentally friendly products
- High product quality control
- Expansion through multiple overseas subsidiaries
- Ownership of patented technologies
- Active capital investment
- Sustainable material development
Competitive Advantages
- High-quality iron oxide production using proprietary technologies such as wet synthesis
- Years of know-how and track record in magnetic materials
- Product development capabilities and market expansion response through collaboration with TDK
- Multiple domestic manufacturing bases ensuring stable supply system
- Product enhancement in advanced fields such as high-function lithium-ion battery materials
- Customized products for wide industrial applications
- Provision of products with reduced environmental impact considering sustainability
- Differentiated product lineup utilizing nanotechnology
- Solid business expansion in global markets
- High quality standards and compliance with international specifications
- Promotion of technological innovation through collaboration with research institutions
- Flexible response to diverse customer needs
- Sustainable growth power backed by solid financial base
- Strong corporate system through acquisition of ISO and other certifications
- Business strategy corresponding to digitalization and eco society
Threats
- Demand fluctuations due to macroeconomic impacts
- Intensifying price competition in battery materials etc.
- Rise of emerging country companies such as in China
- Cost increases due to strengthened environmental regulations
- Market shifts due to advances in alternative material technologies
- Profit impacts from exchange rate fluctuations
- Market competition from new entrants
- Possibility of international political risks and trade restrictions
- Social criticism over material residues and waste issues
- Rising raw material prices
- Technology leakage risks
- Customer companies' restraint on capital investment
Innovations
2023: Start of Neodymium-Iron-Boron Magnetic Powder Production
- Overview
- Began mass production of new high-performance magnetic material products to correspond to the power electronics market.
- Impact
- Contributes to improved competitiveness of high-efficiency electronic components
2022: Development of Environmentally Friendly Nano Iron Oxide Combustion Catalyst
- Overview
- Commercialized catalyst technology capable of significantly reducing dioxin emissions.
- Impact
- Promotes market expansion of low environmental impact products
2021: Start of NFC Ferrite Sheet Production for Smartphones
- Overview
- Mass-produced high-performance magnetic materials compatible with short-range wireless technology.
- Impact
- Expands share in mobile electronic component market
2024: Development of Cathode Materials for Next-Generation Lithium-Ion Batteries
- Overview
- Accelerating R&D of high-energy density and safe cathode materials.
- Impact
- Expected as high-performance battery materials for EVs
2020: Improvement in Iron Oxide Quality through Advanced Wet Synthesis Method
- Overview
- Achieved particle size control and shape uniformity through process innovation.
- Impact
- Enables high-quality pigment production for diverse applications
2023: Mass Production of Masterbatch for Dioxin Suppression Films
- Overview
- Promoting expansion and普及 of environmentally friendly product lines.
- Impact
- Strengthens product group compliant with environmental regulations
Sustainability
- Development and promotion of dioxin suppression products
- Establishment of resource-circulating manufacturing processes
- Expansion of low environmental impact pigment production
- Improvement of in-house energy efficiency and CO2 emission reductions
- Continuous participation in environmental conservation activities with local communities
- Implementation of sustainability audits in supply chains
- Provision of sustainable battery materials
- Promotion of waste recycling and reduction
- Employee environmental awareness education
- Strengthened chemical substance management and regulatory compliance
- Thorough safety and health activities
- Acquisition and maintenance of environmental certifications