TODA KOGYO CORP. (4100) Stock Price

Toda Kogyo is a company primarily engaged in the manufacturing and sales of functional pigments and electronic materials. The Toda Kogyo Group consists of Toda Kogyo as the core company, along with 15 subsidiaries, 4 affiliated companies, and 1 other related company.

In the functional pigments segment, Toda Kogyo manufactures and sells magnetic powder materials and various coloring materials. Tokyo Shikizai Kogyo Co., Ltd. manufactures and sells organic pigments, while Zhejiang Huayuan Applied New Materials Co., Ltd. in China handles inorganic pigments.

In the electronic materials segment, Toda Kogyo manufactures and sells ferrite compounds and ferrite materials. As affiliated companies, Toda Plastic Magnetic Materials (Zhejiang) Co., Ltd. and Toda Kogyo Asia (Thailand) Co., Ltd. manufacture ferrite magnetic compounds, while Zhejiang Dongci Toda Magnetic Industry Co., Ltd. supplies bonded ferrite materials.

Additionally, Toda Materials Co., Ltd. manufactures magnetic materials, Toda Magquon Magnetic Materials (Tianjin) Co., Ltd. produces rare earth magnetic compounds, and Jiangmen Xiehli Magnetic Technology Co., Ltd. manufactures injection-molded magnets. Toda Advanced Materials Inc. and Central Battery Materials Co., Ltd. manufacture precursors for lithium-ion battery cathode materials.

BASF Toda Battery Materials LLC manufactures and sells lithium-ion battery cathode materials. Through these operations, Toda Kogyo contributes to diverse industrial sectors.

Toda Kogyo has formulated "Vision2026," a medium-term management plan targeting the fiscal year ending March 2031, and is advancing its growth strategy. The plan aims to enhance profitability and growth potential through strengthened business portfolio management. Specifically, the company has positioned magnetic materials, dielectric materials, and lithium-ion battery materials as growth businesses and is allocating resources strategically to these areas.

Under "Vision2026," the company classifies its businesses into four categories: "growth businesses," "next-generation businesses," "core profit businesses," and "restructuring and transformation businesses," pursuing selective focus and concentration. In particular, it is expanding magnetic materials and dielectric materials, while pursuing commercialization of soft magnetic materials and environmentally related materials. In restructuring and transformation businesses such as LIB precursor materials and color pigments, the company is advancing rationalization and profit improvement.

Toda Kogyo is executing three strategies—business strategy, financial strategy, and human resources strategy—to drive business growth. Under its financial strategy, the company has set KPIs including operating profit margin and ROE, promoting capital-efficient business operations. The human resources strategy focuses on strengthening succession planning, developing women's careers, and accelerating human resources development to drive digital transformation.

Going forward, Toda Kogyo aims for sustainable growth by supporting solutions to social challenges, pursuing the potential of iron oxide, and providing new materials and solutions. The company is also committed to stable supply of products that meet customer needs and will fulfill its role as a trusted partner.