TOHO TITANIUM COMPANY LIMITED (5727) Stock Price

Toho Titanium operates three main business segments: metallic titanium, catalysts, and chemical products. Through these operations, the company provides a diverse range of products and services.

In the metallic titanium segment, the company manufactures and sells titanium sponge, titanium ingots, high-purity titanium, and titanium processed products. This segment includes operations by Toho Titanium America Co., Ltd. and Toho Tech Co., Ltd.

The catalyst segment provides catalyst products, including propylene polymerization catalysts. Toho Titanium and Toho Titanium America Co., Ltd. play key roles in this business area.

The chemical products segment manufactures and sells electronic component materials, including ultra-fine nickel powder and high-purity titanium oxide. Toho Materials Co., Ltd. is involved in this segment.

The parent company, JX Metals Co., Ltd., operates primarily in non-ferrous metals. The affiliated company TOHO WORLD Co., Ltd. is not included in the reportable segments.

Toho Titanium aims to contribute to the development of a sustainable society and is advancing a growth strategy toward 2030. The company's management philosophy is to pursue the potential of titanium and related technologies while continuing to provide excellent products and services.

In 2023, the company restructured its "desired state by 2030" and strengthened long-term corporate management. In particular, it has positioned the promotion of ESG management as a core theme of its medium-term management plan, emphasizing the fulfillment of social responsibility. Through this approach, the company seeks to build trust with stakeholders and achieve sustainable growth.

In its medium-term management plan for fiscal years 2023-2025, the company has set specific targets for each business segment and formulated catch-up strategies. In the titanium metal business, it is expanding production capacity to meet aircraft-related demand. In the catalyst business, it is pursuing production efficiency improvements and increased output, with plans aligned to future sales expansion.

In the chemical products business, the company is constructing a new factory to meet MLCC demand, targeting the start of commercial operations in fiscal year 2025. Additionally, as a new business initiative, it is advancing the commercialization of titanium porous materials and preparing supply capacity. Through these measures, Toho Titanium is working to achieve sustainable growth.