Tosoh Corporation Overview
Company Headquarters: Tokyo, Japan
Founded: 1935
Workforce: ~ 13,858
Company Working: Tosoh Corporation (Tosoh) manufactures and sells basic chemicals, specialty goods, petrochemicals, and fine chemicals for industry, as well as specialist products and materials for high technology and niche markets. Olefins, polyethylene, functional polymers, cement, caustic soda, inorganic and organic fine chemicals, measuring and diagnostic goods, functional materials, and urethane materials are among the products offered by the company. It also provides services including product delivery and logistics, insurance, equipment repair, and product sale and purchase. Agriculture, chemical, petrochemical, building and construction, diagnostics, automotive, consumer electronics, information technology, bioscience, textile and clothing, transportation, packaging, medical, photovoltaics, personal care, and semiconductors are among the industries it services. Petrochemical, chlor-alkali, specialty, engineering, and other are the company's five main segments. Additional activities include transportation and warehousing, inspection and analysis, and data processing. It operates in the United States, Europe, Asia, and China.
Strategy
Tosoh Corporation's key strategy is to expand the company's production capacity to meet the growing demand. It is focused on developing and manufacturing instruments and reagents to expand the business and broaden its market presence. To achieve this goal, the company is working on the existing product lineup by increasing the number of diagnostic products and expanding the analytical column and separating media products mainly for biotechnology. Also, the company is expanding the lineup of existing products, developing products for peripheral businesses that generate synergistic effects and creating new businesses through joint research and M&A to increase sales. Furthermore, it has introduced the concept of intellectual property landscape as a method of searching for new technologies and is building its search tools, which will lay the groundwork for future growth.
