07.28.20
283-1, Chikumazawa, Miyoshi, Iruma
Saitama, Japan, 354-8577
Tel: +81-49-259-6518
Fax: +81-49-259-6045
www.tk-toka.co.jp/english/
E-mail: overseas@tk-toka.co.jp
Sales: $448 million (¥48,217 million) (consolidated).
Major Products: UV offset, UV flexo, UV letterpress, energy saving UV ink, UV waterless ink, conventional offset ink, powder-free conventional offset ink, waterless offset ink.
Key Personnel: Ryuichi Kurimoto, marketing director; Kazuhiko Nakama, technical director; Kazuhiko Shigesu, department manager, global business management department; Hirofumi Ozaki, department manager,
overseas department.
Number of Employees: 1,600.
Comments: T&K TOKA (the T&K in the company’s name stands for Technology and Kindness) is a global leader in UV inks, which is a blossoming market. The company reported solid results in 2019, noting sales of $448 million, with North America being particularly strong.
“In 2019, T&K TOKA’s business was going well in the North America region,” said Kazuhiko Shigesu, department manager, global business management department for T&K Toka. “However, in Japan and the Asia region, sales of offset ink were weak, resulting in annual sales of ¥48 billion, which is lower than the previous year. Due to the impact of coronavirus, we are seeing a contraction of economic activity, which is having an impact on our company’s various activities.”
T&K TOKA acquired Netherlands-based Royal Dutch Printing Ink Factories Van Son in 2017, adding to T&K TOKA’s production and distribution capabilities in Europe, the Middle East and Africa and the Americas. Shigesu noted that this has helped the company grow in these regions.
“In terms of sales, some of the highlights are our business growth in Thailand and sales expansion in Europe and North America, which took advantage of Van Son’s sales channels,” said Shigesu. “In terms of internal affairs, despite being affected by a rise in the cost of raw materials, we worked on reducing total production costs and launched new products with a balance between cost and performance.”
Shigesu observed that against the backdrop of environmental problems, the global trend in the printing industry is to realize environmentally friendly inks which will also improve productivity and quality of printed materials.
“T&K TOKA’s energy-saving UV ink and powder-free oil-based ink KIREINA will fulfill such requirements at the highest standard, and we provide our products to the printing companies all around the world through T&K TOKA and Van Son’s sales network,” Shigesu added.
Understandably, COVID-19 will have a huge impact on the rest of 2020.
“We expect that the severe business environment will continue due to the coronavirus’s impact on the world economy,” Shigesu noted. “Despite the difficulty in achieving our sales plan, we will strengthen our company structure and business fundamentals by continuing to accelerate global expansion in the EU and North America, improving the added value of ink, and reducing total costs.”
Saitama, Japan, 354-8577
Tel: +81-49-259-6518
Fax: +81-49-259-6045
www.tk-toka.co.jp/english/
E-mail: overseas@tk-toka.co.jp
Sales: $448 million (¥48,217 million) (consolidated).
Major Products: UV offset, UV flexo, UV letterpress, energy saving UV ink, UV waterless ink, conventional offset ink, powder-free conventional offset ink, waterless offset ink.
Key Personnel: Ryuichi Kurimoto, marketing director; Kazuhiko Nakama, technical director; Kazuhiko Shigesu, department manager, global business management department; Hirofumi Ozaki, department manager,
overseas department.
Number of Employees: 1,600.
Comments: T&K TOKA (the T&K in the company’s name stands for Technology and Kindness) is a global leader in UV inks, which is a blossoming market. The company reported solid results in 2019, noting sales of $448 million, with North America being particularly strong.
“In 2019, T&K TOKA’s business was going well in the North America region,” said Kazuhiko Shigesu, department manager, global business management department for T&K Toka. “However, in Japan and the Asia region, sales of offset ink were weak, resulting in annual sales of ¥48 billion, which is lower than the previous year. Due to the impact of coronavirus, we are seeing a contraction of economic activity, which is having an impact on our company’s various activities.”
T&K TOKA acquired Netherlands-based Royal Dutch Printing Ink Factories Van Son in 2017, adding to T&K TOKA’s production and distribution capabilities in Europe, the Middle East and Africa and the Americas. Shigesu noted that this has helped the company grow in these regions.
“In terms of sales, some of the highlights are our business growth in Thailand and sales expansion in Europe and North America, which took advantage of Van Son’s sales channels,” said Shigesu. “In terms of internal affairs, despite being affected by a rise in the cost of raw materials, we worked on reducing total production costs and launched new products with a balance between cost and performance.”
Shigesu observed that against the backdrop of environmental problems, the global trend in the printing industry is to realize environmentally friendly inks which will also improve productivity and quality of printed materials.
“T&K TOKA’s energy-saving UV ink and powder-free oil-based ink KIREINA will fulfill such requirements at the highest standard, and we provide our products to the printing companies all around the world through T&K TOKA and Van Son’s sales network,” Shigesu added.
Understandably, COVID-19 will have a huge impact on the rest of 2020.
“We expect that the severe business environment will continue due to the coronavirus’s impact on the world economy,” Shigesu noted. “Despite the difficulty in achieving our sales plan, we will strengthen our company structure and business fundamentals by continuing to accelerate global expansion in the EU and North America, improving the added value of ink, and reducing total costs.”