Business Description
Organic Chemicals
Our core organic chemical products are ethyleneamines, environmental chemicals, bromine, and flame retardants.
Bioscience
We develop and manufacture instruments, media, and reagents for the separations and purification and clinical diagnostic fields.
Advanced Materials
Tosoh’s development and manufacturing of advanced materials covers a range of products that includes synthetic zeolites, zirconia, and silica glass.
Fiscal 2020 Results
Net sales by the Specialty Group decreased ¥12.4 billion, or 6.3%, to ¥185.0 billion, compared with fiscal 2019. Operating income fell ¥7.5 billion, or 21.1%, to ¥27.9 billion.
Shipments of quartz glass products, zirconia, and high-silica zeolite declined because of decreased demand. In addition, the yen equivalent of net sales of foreign subsidiaries decreased as a result of the yen’s appreciation against the euro and the US dollar.
The decrease in operating income owed itself primarily to the impact of lower sales volumes. Deteriorating trade conditions because of the yen’s appreciation and increasing costs for depreciation and labor associated with capital investments also contributed significantly to diminish operating income.