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Producer Manufacturing


Business Summary

TOKYO OHKA KOGYO CO., LTD. engages in the manufacture and sale of manufacturing materials, processing equipment, and inorganic and organic chemicals. It operates through the following segments: Materials and Equipment. The Materials segment provides a wide range of photoresists and high purity chemicals, which are widely used in the manufacture of semiconductors, liquid crystal displays, semiconductor packaging, and electronic products. The Equipment segment includes photoresist coating and developing machines used to manufacture LCD (Liquid Crystal Display) panels, as well as a variety of semiconductor manufacturing equipment. The company was founded on October 25, 1940 and is headquartered in Kawasaki, Japan.

Financial Highlights

Dec 2022 JPYUSD
Gross Profit63,115M479.86M
Operating income30,181M229.46M
Income before tax30,790M234.09M
Net income19,694M149.73M
Diluted EPS488.793.71
Dividends Per Share1601.21
Total Assets238,075M1,804.35M
Total liabilities57,112M432.84M
Total equity169,921M1,287.81M
Operating cash flow18,991M144.38M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 105,277M 102,820M 117,585M 140,055M 175,434M
Gross Profit 30,982M 30,839M 38,579M 47,184M 63,115M
Operating income 10,383M 9,378M 15,403M 20,709M 30,181M
Income before tax 9,814M 8,657M 15,349M 25,799M 30,790M
Net income 6,876M 5,410M 9,927M 17,749M 19,694M
EBITDA 17,446M 16,594M 22,175M 27,139M 36,943M
Diluted EPS 164.42 129.63 238.77 429.91 488.79
Dividends Per Share 96 120 154 156 160
Total Assets 182,957M 186,486M 201,185M 217,264M 238,075M
Total liabilities 32,096M 34,751M 41,189M 52,070M 57,112M
Total equity 144,441M 144,875M 151,861M 156,044M 169,921M
Operating cash flow 14,311M 12,743M 22,953M 19,758M 18,991M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 953.22M 943.20M 1,101.30M 1,274.69M 1,333.81M
Gross Profit 280.52M 282.89M 361.33M 429.44M 479.86M
Operating income 94.01M 86.02M 144.26M 188.48M 229.46M
Income before tax 88.86M 79.41M 143.75M 234.80M 234.09M
Net income 62.25M 49.62M 92.97M 161.54M 149.73M
EBITDA 157.96M 152.22M 207.69M 247.00M 280.87M
Diluted EPS 1.48 1.18 2.23 3.91 3.71
Dividends Per Share 0.86 1.10 1.44 1.41 1.21
Total Assets 1,667.56M 1,715.99M 1,948.61M 1,886.70M 1,804.35M
Total liabilities 292.53M 319.76M 398.94M 452.17M 432.84M
Total equity 1,316.51M 1,333.10M 1,470.87M 1,355.07M 1,287.81M
Operating cash flow 129.57M 116.89M 214.97M 179.82M 144.38M

Valuation Measures

Dec 2022
Operating margin17.20%
Profit margin11.22%

Key executives

  • President & Representative Director: Taneichi Noriaki
  • Director, Executive Officer & GM-Materials: Yuichi Murakami
  • Director & Executive Officer: Yusuke Narumi
  • Auditor: Nobuo Tokutake
  • Director & Senior Managing Executive Officer: Harutoshi Sato


  • Mitsubishi UFJ Financial Group, Inc. (5.0%)
  • Meiji Yasuda Life Insurance Co. (4.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • Norges Bank Investment Management (2.5%)
  • Concordia Financial Group, Ltd. (2.4%)
  • TOKYO OHKA Fundation For Promotion of Science & Technology (2.3%)
  • The Vanguard Group, Inc. (2.1%)
  • Daiwa Asset Management Co. Ltd. (2.1%)

Contact Details

  • Website:
  • Address: 150 Nakamaruko, Nakahara-Ku, Kawasaki, 211-0012, Japan
  • Phone: +81.44.435.3000

Related Companies

  • Tokyo Ohka Kogyo Co. Ltd. /Process Equipment Bus/
  • Tokyo Ohka Kogyo Restricted Stock Compensation Plan
  • TOK Advanced Materials Co., Ltd.
  • Tokyo Ohka Kogyo Employee Incentive Plan
  • Chang Chun Tok (Changshu) Co., Ltd.
  • Kumagaya Ohka Co., Ltd.
  • TOK Korea Co., Ltd.
  • TOK Engineering Co., Ltd.
  • Tok Taiwan Co. Ltd.
  • Tokyo Ohka Kogyo America, Inc.
  • TOKYO OHKA Fundation For Promotion of Science & Technology


  • Topco Scientific Co., Ltd.
  • Crystal Clear Electronic Material Co., Ltd. Class A
  • Red Avenue New Materials Group Co., Ltd. Class A
Last Updated on 27 Mar, 2023

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