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Toyo Ink Announces Organizational Changes

Will be adopting a holding company structure

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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 June 10, 2010 informally decided to make the following organizational changes, in addition to a number of personnel changes involving directors (mission changes) and general personnel changes as announced on May 17, 2010.

As part of preparations for adopting a holding company structure (scheduled to begin on April 1, 2011) as announced on April 17 and May 17, 2010, business sectors consisting of the ink business sector, chemical business sector and global business sector will be established.

In accordance with these new business sectors, business headquarters will be dismantled. The Ink Business Sector will control the manufacture and sale of printing and information-related business and packaging materials-related business; the chemical business sector will control the manufacture and sale of polymers and coatings-related business and colorants and functional materials-related business; and the international business will be transferred to the global business sector.

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