Tokyo, Japan 174-0055
Sales: $336 million (29,375 million yen);
$511 million (44,626 million yen) (consolidated).
Major Products: UV offset, letterpress, flexo and screen inks; sheetfed offset inks; web offset heatset inks; waterless offset inks; gravure and flexo packaging inks; water-based varnishes; metal decorating products.
Key Personnel: Hiro Iida, sales representative in charge of America; Masahiro Kakoi, marketing director; Masanao Kobayashi, technical director.
Number of Employees: 600 (T&K Toka); 1,500 (consolidated).
Comments: As a specialist in UV technology, T&K Toka (the T&K in the company’s name stands for Technology and Kindness) is strongly positioned at a time when environmental consciousness is growing globally.
T&K Toka enjoyed increased demand throughout China and Asia, although total consumption of offset ink in Japan dropped 13%, which affects Toka a lot. Production of specialty ink was increased significantly, led by the prevailing LCD technology.
T&K Toka has a major presence in China, as Hangzhou Toka Ink, T&K Toka’s joint venture in China, is the second-largest ink company in China. In 2006, the company opened Hangzhou Toka Ink. In addition, the company has operations in Korea, Hong Kong, Indonesia and Bangladesh, and a U.S. distributor, Top Level Ink, in Dallas, TX.
Harry Morita, T&K Toka’s manager of overseas division, said that the economy has improved in recent months, but margins are challenging overall.
“We could foresee the improvement of the economy, but we cannot optimize the price of oil and other materials,” Mr. Morita noted. “As the printing industry, our main client, is in a tough situation, we would be under pressure of price decreases. Also, extremely high technology and quality control are required for specialty inks.”