Tochu Corporation Overview
Company Headquarters: Nakashinden, Japan
Founded: 1933
Workforce: ~ 2070
Company Working: Tochu Corporation is a leading manufacturer of silica sand in Japan. The business segment of the company includes natural silica sand for casting, resin-coated sand, silica sand, and high-presser die casting. To offer high-quality silica sand, the company is developing silica sand resources in Japan and abroad. The company provides silica sand to clients in the needed amount at any time and from any location due to its global resource network and fast production system using cutting-edge technologies. The domestic silica sand mines of the company include the Yunotsu silica sand mine and the Shimane prefecture mine. In comparison to Japan's limited resources, nations such as Australia and Southeast Asia still have significant silica sand deposits. The company through its subsidiary firms, has built two silica sand mines in Australia and imports a range of high-quality sand. In 2022, the total sales of the company is around 33.191 billion yen. It has nine production units, and seven subsidiaries and has a strong presence in Japan, Australia, Thailand, Indonesia, and Malaysia and exports its products globally.
Strategy
Tochu Corporation established a Group Mission for making an excellent company with quality control as the number one priority. It is working towards customer satisfaction by preserving the natural environment and generating excellent products and gaining customer confidence by doing tasks with responsibility, honesty, mutual understanding, and collaboration. Also, the company is working towards sustainable development to preserve biodiversity. Preservation activities are broken down into three categories: preservation specialty, autonomous maintenance, and employee training. Moreover, it is working on developing a BCP (Business Continuity Plan). For the Nankai Trough Earthquake (Nankai megathrust earthquake) response, it is preparing the resilience plan by completing several training sections, stockpiling emergency food and medication, and practicing the safety confirmation system. Furthermore, in order to sustain production, the company covers a portion of the cost of the influenza vaccine for staff. It is developing high-value-added products of silica sand to cater to the growing needs. Moreover, to analyze changes in competitive pressures and business models, the company is continuously working on enhancing the core technology in various business segments to boost the revenue and profit of the company.
