2-8, Dojima Hama 2-chome, Kita-ku, Osaka 530-8230, JAPAN
+81-6-6348-3111
+81-6-6348-3206
http://www.toyobo-global.com/
Vision
The vision is for Toyobo to become “the category leader, continuing to create new value that contributes to society in the environment, healthcare, and high- function product fields.” A “category leader” is a company that can maintain a high market share by developing specific markets with highly competitive products.
Mission
We will expand our strong businesses both in Japan and abroad, and work to generate the next category leading businesses.
Business Description
Background
Toyobo was founded in 1882 as a textile company, when it began its spinning and textile business.
We continued to adapt to the changing needs of the times, drawing on our core technologies in polymerization, modification, processing and biotechnology to expand our business fields and develop the kind of high-performance products.
These product lines have been organized into three specialty business segments—Films and Functional Polymers, Industrial Materials, and Healthcare—in which we are prioritizing growth and expansion.
Products/Services
Films and Functional Polymers
Industrial films, Packaging films, Engineering plastics, Industrial adhesives
Industrial Materials
Airbag fabrics, High-performance fibers, Functional filters
Healthcare
Bioproducts, Pharmaceuticals, Functional membranes(Artificial kidney, RO), Medical devices
Textiles
Functional textiles, Thoub, Acrylic fibers
Markets
Automotive, Electronics & Information Displays, Environment, Healthcare, Lifestyle & Safety.
Location
The headquarters are located in Japan and there are several manufacturing and/or sales bases all over the world in the US, Europe, Latin America, Middle East and Asia.
Competitive Advantages
A Food packaging films - Sales of JY 50 bn. and overall top producer in Japan.
Airbag fabrics - 40% market share and in the leading group internationally for airbag yarn production.
Enzymes for diagnostic reagents - In the top 4 of the leading group internationally, specifically number 1 for sales of enzymes for self-monitoring of blood glucose.
Reverse osmosis membrane element for seawater desalination - Market share of 50% in the countries of GCC in the Middle East.
Financial Projection
For FY3/14, the net sales and operating income were JY 351.6 and 21.0 bn., respectively.
For FY3/18, the target for net sales and operating income are JY 420.0 and 30.0 bn., respectively
Company Goals & Objectives
Aiming to become “the category leader, continuing to create new value that contributes to society in the environment, healthcare, and high-function product fields”
(1) A strong company with growth potential and stable profitability
(2) Management policy: Continuous reform of business portfolio
Targets for the Future
Consolidated net sales: JY 500 bn. Operating income: JY 50 bn.
ROA: 10% Overseas sales: JY 200 bn.
Management
Board of Directors and Executive Officers
Toyobo is a “Company with Auditors” as defined by Japan’s Companies Act and, under this governance system, has appointed one outside director and adopted the Corporate Executive Officer System.
Under Toyobo’s governance framework, a clear distinction is made between the roles of the Board of Directors, who concentrate on decision making as they perform management oversight functions, and the Corporate Officers, who are in charge of business execution.
This corporate governance system increases the transparency and fairness of management and makes it possible to make prompt decisions as well as conduct business efficiently.
Employees
3,035 (Nonconsolidated) ,10,101 (consolidated) as of 31/March/2015.
Highlights
1882 Osaka Boseki was established (Cotton spinning).
1914 Toyo Boseki (currently Toyobo) was established (Merger between Osaka Boseki and Mie Boseki).
1931 The world’s largest spinning company.
1950 The largest private company in Japan (Sales: JY 41 bn. Net Income: JY 2 bn.).
1956 Started synthetic fibers business (“1st Reform”).
1963 Entered into films business.
1972 Entered into “Specialty Businesses” + Structural reform of textile business (“2nd Reform”).
2008 Closing the structural reform of Toyobo Group. Entered into a new stage of growth (“3rd Reform”).
Other Notes
“Jun-ri-soku-yu.” as a Basis of CSR Activity Toyobo celebrated its 130-year anniversary in 2012. The Company was founded in 1882 by Eiichi Shibusawa, who is widely known today as the “father of Japanese capitalism.”
His personal motto was, “Jun-ri-soku-yu,” which expresses the idea that “Adhering to Reason Leads to Prosperity.” It is our Corporate Philosophy which Toyobo has handed down from the time of its establishment.
Under the Corporate Philosophy, Toyobo has successfully continued to operate its business over the long period of 130 years, flexibly responding to the changes of the eras.
“Jun-ri-soku-yu” is a basis of our activity in Corporate Social Responsibility (CSR). As we continue to follow the Corporate Philosophy, we will pass the baton to the next generations.
