Toyo Sugar Refining Co., Ltd. (E00354) Stock Price

Toyo Seito is primarily engaged in the manufacturing and sales of refined sugar, food and beverage ingredients, and cosmetic ingredients. The corporate group consists of Toyo Seito, one consolidated subsidiary, one affiliated company accounted for using the equity method, Marubeni Corporation, and Marubeni Shokuryō Corporation, a subsidiary of Marubeni.

In the sugar business, Toyo Seito manufactures and sells refined sugar. Raw sugar is procured from Marubeni Corporation, and manufacturing is outsourced to Taiheiyo Seito Corporation, a joint production company. Sales are conducted through Marubeni Shokuryō Corporation, while Tohan Corporation, a consolidated subsidiary, purchases Toyo Seito products from Marubeni Shokuryō Corporation and resells them.

In the functional ingredients business, Toyo Seito manufactures and sells enzyme-treated rutin, enzyme-treated hesperidin, stevia sweetener, yuzu polyphenol, glyceryl glucoside, and baobab oil, among other products. In this segment, Tohan Corporation also handles the sales of Toyo Seito products.

Through these business operations, the Toyo Seito Group provides diverse products that meet the needs of the food and cosmetic industries.

Toyo Seito operates primarily in the sugar business and functional materials business, with a mission to create a healthy and enriched food culture and contribute to people's daily wellness. The company prioritizes food safety and security, aiming to build social trust and enhance corporate value through the provision of superior products and services. Additionally, the company is working to improve management profitability and financial soundness, strengthening earnings capacity by emphasizing both operating profit margin on sales and capital efficiency.

As a basic strategy, the company aims to achieve sustainable growth in the sugar business while expanding the functional materials business, with the goal of establishing a second pillar with business investment in mind. In the sugar business, the company focuses on stable domestic sugar supply, primarily selling to commercial customers. In the functional materials business, the company produces and sells products using enzyme processing technology, providing raw material ingredients to the beverage, health food, supplement, and cosmetics sectors.

To address business and financial challenges, Toyo Seito is advancing operational efficiency in the sugar business and working to secure profitability. In the functional materials business, the company is actively promoting proposals for functional food labeling ingredients and developing markets for cosmetic raw materials to drive sales expansion. Furthermore, the company is investing in the development of new functional materials and application development of existing materials, working as part of a medium- to long-term strategy in collaboration with external research institutions.

Through these strategies, Toyo Seito aims to continue providing safe and secure products and enhance corporate value over the medium to long term through initiatives addressing human rights and environmental issues, as well as the promotion of business reform.