Toyobo
US$ 3.41 billion (FY 2013)
(JPY 351.57 billion) (FY 2013) | |
US$ 79.2 million (FY 2013) (JPY 8.15 billion) (FY 2013) | |
Number of employees | 10,487 (consolidated, as of March 31, 2014) |
Website | Official website |
Footnotes / references [1][2] |
Toyobo Co., Ltd. (東洋紡績株式会社, Tōyōbōseki Kabushiki-gaisha) is one of
History
Toyobo was established in 1882 by Eiichi Shibusawa as a cotton-spinning company in a context of post-Meiji Restoration. By the 1930s, Toyobo was the world's largest cotton-spinning company. In the 1960s, the company started to manufacture synthetic fibers and films.[3]
In August 2013, Toyobo bought the Spanish company Spinreact for 22.3 million euros.[4]
In 2015, Toyobo provided 40% of the yarn for airbags worldwide, and 50% of Japan's food packaging films.[3] In March 2017, Toyobo introduced Cocomi, a t-shirt that tracks a driver's heartbeats and activates an alarm if somnolence is detected.[5] In August 2017, Toyobo established a new group in Europe, Toyobo Chemicals Europe GmbH, with a focus on marketing specialty chemical products, and a new manufacturing base for airbag fabrics.[6]
In March 2018, Toyobo paid $66 million to settle a case of defective bulletproof vests sold to the US Government between 2001 and 2005.[7][8]
Activities
Toyobo's textiles are designed for clothing, home furnishings, and for industrial uses. Textiles include
Toyobo also manufactures plastic films, and
The company operates across Japan, China, South Korea, Singapore, Malaysia, Australia, United States, and Germany and is listed on the
Gallery
See also
References
- ^ "Corporate Data". Toyobo. Retrieved March 3, 2015.
- ^ "Company Snapshot". Bloomberg L.P. Retrieved March 3, 2015.
- ^ a b "Toyobo's turnaround has true Japanese spirit". Theworldfolio.com. 2015. Retrieved November 23, 2018.
- ^ "La japonesa Toyobo compra la empresa bioquímica española Spinreact". Finanzas.com (in Spanish). August 2, 2013. Retrieved November 23, 2018.
- ^ "Cocomi, un t-shirt qui vous empêche de vous endormir au volant". Tomsguide.fr (in French). March 18, 2017. Retrieved November 23, 2018.
- ^ "Toyobo Adds Germany to Global Network With New Manufacturing Base for Airbag Fabrics". Japanchemicaldaily.com. August 25, 2017. Retrieved November 23, 2018.
- ^ Ray Downs (March 15, 2018). "Japanese firm to pay $66M for selling defective bulletproof vests to U.S." Upi.com. Retrieved November 23, 2018.
- ^ "Toyobo to pay $66 million in U.S. bullet-proof vest fraud case". Reuters.com. March 15, 2018. Retrieved November 23, 2018.
- ^ "Company Snapshot". Bloomberg Businessweek. Archived from the original on October 7, 2012. Retrieved March 3, 2015.
- Nikkei Inc.Retrieved March 3, 2015.
External links
- Official global website (in English)