Our customers need to overcome a wide diversity of challenges. We operate on a proposal-type sales approach because it allows us to focus exclusively on each customer’s specific needs for value and function of their products and production equipment. We use our integrated threefold approach for manufacturing and quality, service, and technological development to be the best partner for our customers by providing solutions that surpass expectations.
The ability of our “all-weather management” to produce solutions for customers in various industries has expanded our business potential. Our financial standing with a high ROE and high equity ratio allows us to invest aggressively in technological development and drives our ongoing growth.
TOCALO technology is used in all fields from core industries to advanced industries.
We are expanding our business activity to an increasingly diverse range of fields in the environment & energy sector, including renewable energy such as hydropower, wind power, geothermal power, and biomass as well as energy efficient thermal power generation, storage batteries, and equipment to realize a hydrogen society.
We provide thermal spray coating that prevents foreign matter from sticking to the surface of the conveyer rollers in production lines of automotive steel sheet. Our coatings supports steady operations at steelworks by reducing corrosion and friction and extending equipment lifecycles.
Semiconductors and flat panel displays (FPDs) are integral to our increasingly advanced digital society. Our coatings are used for a wide range of purposes, such as preventing manufacturing equipment parts from generating dust.
Our coatings are used on bearings in the drive motors of high-speed Shinkansen trains to prevent corrosion due to electric discharge. The coatings extend the lifecycle of the bearings and play a key role in safe train operation.
A growing thermal spray market led by semiconductors.
TOCALO commands over 40% of the ¥70 billion domestic market for contracted thermal spray processing (job shops). Demand for thermal spray of semiconductors is driving market expansion, and we will continue growing our business by meeting the growing demand.
Source: Yano Research Institute,
Market Research and Future Market Outlook Report in the Thermal Spraying Industry.
Supervising editor: Japan Thermal Sprayers Association, Japan Thermal Spray Society
- Data presented with permission of the Japan Thermal Sprayers Association and the Japan Thermal Spray Society.
Contributing to a bright future for people and nature
Grow our business with a focus on the two themes of People and the Environment
People
- Advance product development for the semiconductor field
- Develop coatings supporting high functionality in the FPD field
- Develop coatings specialized for the medical, agricultural, and food fields
Environment
- Increase our offerings and create new projects in the energy field
- Broaden our product applications in the raw materials field
- Develop coatings for aviation components and electric vehicles and the electrification of the automobile industry
- Progress toward becoming carbon neutral
- Aim to attain the government target to reduce FY2030 greenhouse gas emissions by 46% compared to FY2013
- Promote workstyle reform
- Promote digital transformation
- Formulate a medium- and long-term human resource development plan
- Fully conform to Corporate Governance Code
- Fully commit to compliance
The Company regularly distributes dividends to shareholders.
Dividend policy
Returning profits to shareholders is an important management policy. Our fundamental policy is to maintain a consistent level of dividend distribution in accordance with our earnings performance.
Our target is to maintain a consolidated dividend payout ratio of around 50%. Through this and other measures, we will continue seeking to enhance shareholder returns.
Shareholders attend the General Meeting of Shareholders and participate in the Company’s management by exercising voting rights in accordance with the number of shares of the Company are held.
We exhibited at the Nikkei/TSE IR Fair 2025 hosted by Nikkei Inc. at the Tokyo Big Sight on September 26 and 27, 2025.
