Revenue by Segment:

• Petrochemicals: 40%
• Specialty products: 30%
• Chlor-Alkali: 20%
• Other: 10%

TOP 3 Markets:

• Japan: 45%
• China: 25%
• USA: 15%

Tosoh Corporation generates the majority of its revenue from petrochemicals, followed by specialty products and chlor-alkali products. The domestic market in Japan is the largest revenue contributor, followed by China and the USA. These markets benefit from the strong demand for chemical products and Tosoh's strategic expansion in these regions.

Production sites of Tosoh Corporation:

1. Japan: Main production facilities are located in Nanyo and Yokkaichi.
2. Asia: Additional production sites are in China, Taiwan, and the Philippines.
3. USA: Production facilities are located in the states of California and Texas.
4. Europe: Production capacities in Belgium and the Netherlands.

Tosoh Corporation is a globally operating company with a variety of production sites worldwide. The main production facilities are in Japan, particularly in Nanyo and Yokkaichi. Additionally, the company has production capacities in other parts of Asia, the USA, and Europe to strengthen its global market presence and efficiently serve demand in different regions.

Strategy for Future Growth:

1. Diversification of Product Range: Tosoh Corporation is increasingly focusing on expanding its product range, especially in the area of specialty chemicals and materials for the semiconductor industry. This is intended to reduce dependence on traditional chemicals and tap into new markets.

2. Sustainability and Green Technologies: The company is investing in environmentally friendly technologies and processes to reduce its carbon footprint and meet the growing demands for sustainability. This includes both internal processes and the development of eco-friendly products.

3. Global Expansion: Tosoh plans to strengthen its presence in emerging markets, particularly in Asia and North America. Through strategic partnerships and joint ventures, the international business is to be expanded.

4. Research and Development: A significant portion of investments is allocated to research and development to create innovative products and achieve technological leadership in key segments. This includes both organic and inorganic growth strategies.

These strategic initiatives aim to position Tosoh Corporation as a leading provider in the chemical industry in the long term and ensure sustainable growth.

Main Imported Raw Materials:

• Ethylene
• Chlorine
• Silicon

Main Importing Countries:

• Saudi Arabia
• United States
• China

Tosoh Corporation imports a variety of raw materials crucial for its chemical production. Ethylene and chlorine are essential components for the manufacturing of polyvinyl chloride (PVC) and other chemical products. These raw materials are mainly sourced from Saudi Arabia and the United States, as these countries have large production capacities and export capabilities.

In addition, Tosoh imports silicon, which is needed for the production of semiconductors and other technological applications, primarily from China, one of the world's largest producers of silicon. The strategic selection of importing countries is based on the availability of raw materials and existing trade relationships.

Market share in the chemical industry: 5% (estimated, 2025)
Research & Development (R&D) expenses: 4.2% of revenue (2024)
EBITDA margin: 18% (2024)

Tosoh Corporation is a significant player in the chemical industry with an estimated market share of about 5%. The company has gained a solid competitive advantage through its specialization in petrochemical products, specialty materials, and functional products.

A key aspect of their competitive advantage lies in the continuous investments in research and development, which account for 4.2% of revenue. These investments enable Tosoh to develop innovative products and position itself in niche markets.

The EBITDA margin of 18% demonstrates strong operational efficiency compared to many competitors. This suggests that Tosoh is able to effectively manage costs while offering high-quality products.

Overall, Tosoh benefits from a stable market position, a strong R&D strategy, and an efficient cost structure, providing the company with a sustainable competitive advantage.

Institutional Investor Share: approximately 60% (estimated 2025)
Insider Buys/Sells: No significant transactions reported (2025)

The institutional investor share in Tosoh Corporation is estimated to be around 60%. This is typical for large publicly traded companies, as institutional investors such as pension funds, investment funds, and insurance companies often hold large stakes.

In 2025, no significant insider buys or sells were reported. This could indicate that the management and other insiders have confidence in the current company strategy and market value. However, it is important to regularly check the latest reports and disclosures to obtain up-to-date information.

Market Share Tosoh Corporation: Estimated 6% (2025)

Main Competitors and Their Market Shares:

1. Mitsubishi Chemical Holdings Corporation: 12%
2. Sumitomo Chemical Co., Ltd.: 10%
3. Shin-Etsu Chemical Co., Ltd.: 9%
4. Asahi Kasei Corporation: 8%
5. Toray Industries, Inc.: 7%
6. Tosoh Corporation: 6%
7. Kuraray Co., Ltd.: 5%
8. DIC Corporation: 4%
9. Daicel Corporation: 3%
10. Mitsui Chemicals, Inc.: 3%

Moat of Tosoh Corporation:

Tosoh Corporation has a moderate moat, mainly based on its diversified product range and strong position in the chlor-alkali industry. Their ability to produce a wide range of chemicals and materials provides some protection against market fluctuations.

However, compared to competitors, Tosoh does not have as strong a moat as, for example, Shin-Etsu Chemical, which stands out for its leading position in the silicone market and technological innovations. Mitsubishi Chemical and Sumitomo Chemical benefit from their size and global reach, giving them a strategic advantage.

In summary, Tosoh Corporation operates in a competitive market where the largest competitors have stronger moats. Nevertheless, Tosoh remains a relevant player due to its product diversification and market presence.

Revenue Growth: 8.5% (2024) Profit Growth: 7.2% (2024) R&D Expenses: 5.1% of revenue (2024)

Tosoh Corporation recorded solid revenue growth of 8.5% in 2024, driven by strong demand in its main business segments, particularly in the chemical and materials technology sectors. The profit growth of 7.2% reflects the efficiency improvements and cost reduction measures implemented by the company.

The investments in research and development, accounting for 5.1% of revenue, demonstrate Tosoh's commitment to innovation and the development of new products. This could lead to a stronger market position and new revenue streams in the long term.

Additionally, Tosoh has expanded its international presence in recent years, reducing risk through geographic diversification and opening up new growth opportunities. These strategic measures could further strengthen the company in the years to come.

Overall, Tosoh Corporation appears to have a stable financial foundation and a clear growth strategy, making it a potentially attractive investment, especially for investors interested in the chemical and materials technology industry.

Dividend yield: 3.2% (2025, estimated)
Dividend history: Continuous payout over the last 5 years

In recent years, Tosoh Corporation has consistently distributed dividends to its shareholders. The dividend yield is currently around 3.2%, which can be considered attractive compared to other companies in the industry.

The reliability of dividend payment is supported by the stable financial performance and solid balance sheet of the company. Tosoh has consistently generated profits in recent years, forming the basis for dividend payments. Analysts expect the company to be able to continue distributing dividends at a similar level in the coming years.