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Process Industries

Toyo Ink SC Holdings Co. Ltd.

Business Summary

Toyo Ink SC Holdings Co., Ltd. engages in the strategic planning and management of its group companies. Its operations are carried out through the following business segments: Colorants and Functional Materials, Polymers and Coatings, Packaging Materials, Printing and Information, and Others. The Colorants and Functional Materials segment offers organic pigments, processed pigments, plastic colorants, and materials for color filters. The Polymers and Coatings segment produces and markets can paints, resins, adhesives, coating materials, natural extracts, and medical products. The Packaging Materials segment deals with gravure inks, flexo inks, and gravure cylinder making systems. The Printing and Information segment manufactures and sells offset inks, metal decorative inks, printers, printing materials, and prepress. The Others segment includes provision of services and sale of raw materials. The company was founded by Kamataro Kobayashi in January 1896 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2022 JPYUSD
Gross Profit58,045M441.31M
Operating income6,866M52.20M
Income before tax12,360M93.97M
Net income9,309M70.77M
Diluted EPS171.301.30
Dividends Per Share900.68
Total Assets411,177M3,116.27M
Total liabilities183,296M1,389.18M
Total equity219,146M1,660.88M
Operating cash flow4,262M32.40M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 290,208M 279,892M 257,675M 287,989M 315,927M
Gross Profit 65,221M 63,093M 60,122M 61,915M 58,045M
Operating income 15,277M 13,174M 12,910M 13,006M 6,866M
Income before tax 15,917M 12,306M 9,999M 13,130M 12,360M
Net income 11,848M 8,509M 6,019M 9,493M 9,309M
EBITDA 25,216M 22,261M 22,097M 22,737M 17,613M
Diluted EPS 202.58 145.44 102.83 169.08 171.30
Dividends Per Share 85 90 90 90 90
Total Assets 371,610M 376,130M 380,227M 406,896M 411,177M
Total liabilities 150,515M 149,234M 162,888M 179,944M 183,296M
Total equity 214,420M 219,705M 209,955M 218,613M 219,146M
Operating cash flow 19,197M 19,673M 16,743M 15,760M 4,262M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 2,627.67M 2,567.56M 2,413.39M 2,621.10M 2,401.98M
Gross Profit 590.54M 578.77M 563.10M 563.51M 441.31M
Operating income 138.32M 120.85M 120.91M 118.37M 52.20M
Income before tax 144.11M 112.88M 93.65M 119.50M 93.97M
Net income 107.27M 78.05M 56.37M 86.39M 70.77M
EBITDA 228.31M 204.20M 206.96M 206.93M 133.91M
Diluted EPS 1.83 1.33 0.96 1.53 1.30
Dividends Per Share 0.76 0.82 0.84 0.81 0.68
Total Assets 3,387.04M 3,461.05M 3,682.76M 3,533.46M 3,116.27M
Total liabilities 1,371.87M 1,373.21M 1,577.68M 1,562.62M 1,389.18M
Total equity 1,954.33M 2,021.67M 2,033.56M 1,898.42M 1,660.88M
Operating cash flow 173.81M 180.46M 156.81M 143.43M 32.40M

Valuation Measures

Dec 2022
Operating margin2.17%
Profit margin2.94%

Key executives

  • President, Group CEO & Representative Director: Satoru Takashima
  • Senior MD, Head-Finance, Audit & Public Relations: Hiroya Aoyama
  • Director, Head-Technology, R&D, Legal Affairs: Kazuhiko Ide
  • MD, Head-Legal, Public & Investor Relations: Hiroyuki Hamada
  • Auditor: Takashi Ishikawa


  • Toppan, Inc. (17.9%)
  • Toyo Ink SC Holdings Co. Ltd. (9.0%)
  • Nippon Shokubai Co., Ltd. (2.8%)
  • Toyo Ink Employee Stock Ownership Plan (2.8%)
  • Dimensional Fund Advisors LP (2.2%)
  • Morant Wright Management Ltd. (2.1%)
  • Nomura Asset Management Co., Ltd. (1.9%)
  • The Vanguard Group, Inc. (1.7%)
  • Toyo Ink Business Association (1.6%)
  • Mitsubishi UFJ Financial Group, Inc. (1.2%)

Contact Details

Related Companies

  • Toyo Visual Solutions Co. Ltd.
  • Toyo FPP Co. Ltd.
  • Toyo SC Trading Co. Ltd.
  • Toyo Ink Graphics Nishinihon Co. Ltd.
  • Toyo Ink Engineering Co. Ltd.
  • Sam Young Ink & Paint Mfg Co. Ltd.
  • Dong Da Li Chemical Co. Ltd.
  • Sichuan Toyo Ink Mfg Co. Ltd.
  • Chengdu Toyo Ink Co. Ltd.
  • Jiangsu Toyo Shen Lan Hua Pigment Co. Ltd.
  • Zhuhai Toyocolor Co. Ltd.
  • Toyo Ink Myanmar Co. Ltd.
  • PT Toyo Ink Trading Indonesia
  • Toyo Ink Mexico SA de CV
  • Toyo Ink North Africa SARL
  • Toyo Ink Hungary LLC
  • Toyo Ink Europe Baltica UAB
  • Toyo Ink Europe Deutschland GmbH
  • Toyo Ink Europe France SAS
  • TOYO Matbaa Murekkepleri Sanayi ve Ticaret AS
  • Toyo Ink Sc Holdings Restricted Stock Compensation Plan
  • Toyo Ink Europe UK Ltd.
  • Toyo Ink Arets India Pvt Ltd.
  • Heubach Toyo Colour Pvt Ltd.
  • Toyochem Specialty Chemical Sdn. Bhd.
  • Toyo Ink (Philippines) Co., Inc.
  • Toyo Ink (Middle East) FZE
  • Toyo Ink International Corp.
  • Toyo Ink Chemicals Taiwan Co. Ltd.
  • Toyo Ink Brasil Ltda.


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