Toho Zinc Co.,Ltd. (5707) Stock Price

Toho Zinc operates a diverse range of businesses centered on the manufacturing and sales of non-ferrous metal products. Its main business segments include smelting operations, environmental and recycling operations, resource operations, and electronic materials and functional materials operations. The company also provides services including logistics and environmental analysis.

In smelting operations, Toho Keijima Smelting Co., Ltd. handles the manufacturing of lead and silver products, while Toho Zinc manages their sales. In environmental and recycling operations, the company manufactures and sells recycled zinc oxide products derived from electric arc furnace dust.

Resource operations, centered on consolidated subsidiary CBH Resources Ltd., conduct exploration, development, production, and sales of non-ferrous metal resources including zinc and lead ore. In electronic materials and functional materials operations, the company outsources the manufacturing of electronic components, primarily noise filters, to processors in China and Vietnam, and handles their sales.

Other business operations include civil engineering, construction, and plant engineering services, as well as soundproofing building materials. These operations are conducted by consolidated subsidiary TDE Inc., which handles design, construction, manufacturing, and sales. Logistics and environmental analysis services are provided by subsidiaries including Annaka Transport Co., Ltd. and Keijima Transport Co., Ltd.

As part of its business restructuring plan, Toho Zinc has decided on early withdrawal from resource operations and has indicated a policy to reorganize its zinc smelting operations into metal recycling operations. The company has also completed its withdrawal from plating operations, equipment parts operations, and soundproofing building materials operations.

Toho Zinc is pursuing sustainable growth by concentrating management resources on core and growth businesses. In its business revitalization plan established in December 2024, the company has decided to restructure unprofitable operations and withdraw from resource businesses while undertaking a transformation of corporate culture.

The company has designated the next five years as its business revitalization period, focusing on strengthening core and growth businesses. In lead and silver smelting operations, the company will expand lead production capacity and enhance precious metals production while improving recycling ratios. In environmental and recycling operations, the company plans to expand zinc oxide production.

Additionally, in electronic materials and functional materials operations, the company aims to expand sales channels for existing products and build new revenue models. Through these initiatives, Toho Zinc aspires to become a leading recycling company and a key supporter of social infrastructure.