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Toyo Ink Mfg. Co., Ltd. Announces Organizational Changes

Will shift to a holding company on April 1, 2011

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Toyo Ink Mfg. Co., Ltd. announced that a meeting of its Board of Directors held March 24, 2011 informally decided to make the following organizational changes, in addition to a number of personnel changes involving directors (mission changes) and general personnel changes, in accordance with its institutional shift to a holding company on April 1, 2011.

As announced on April 26 and May 17, 2010, Toyo Ink Mfg. Co., Ltd. will shift to a holding company on April 1, 2011 and its trade name will change to Toyo Ink SC Holdings Co., Ltd. On the same day, two new companies will be established through an incorporation-type company split: Toyo Ink Co., Ltd. will take over the businesses related to printing & information and packaging, while Toyochem Co., Ltd. will take over the businesses related to polymer & coating, color chemicals, and functional pigments.

The Ink Business Sector of Toyo Ink Mfg. Co., Ltd. becomes the parent organization of Toyo Ink Co., Ltd. Its subordinate organizations and departments are renamed and new units are added. The Chemical Business Sector of Toyo Ink Mfg. Co., Ltd. becomes the parent organization of Toyochem Co., Ltd. Its subordinate organizations and departments are renamed and new units are added.

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