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News Release
Group Corporate Communication Dept., Toyo Ink SC Holdings Co., Ltd. Sogokan 110 Tower, 7-1, Kyobashi 3-chome, Chuo-ku, Tokyo, 104-8377 JAPAN
Tel: +81-3-3272-5720 Fax: +81-3-3272-9788 Website: schd.toyoinkgroup.com E-mail: [email protected]
March 16, 2015
Toyo Ink SC Holdings Co., Ltd.
Toyo Ink SC Holdings Merges Two Taiwan Subsidiaries
Tokyo, Japan and Taipei, Taiwan ― Toyo Ink SC Holdings Co., Ltd. (President Katsumi Kitagawa) announced
today that, effective January 1, 2015, it has merged two wholly-owned subsidiaries Toyo Ink Chemicals Taiwan
Co., Ltd. and Toyo Ink Taiwan Co., Ltd. into a single operating entity. The reorganization also resulted in a name
change of the newly formed company and a relocation of its head office.
The merger entailed the absorption of Toyo Ink Taiwan, which imported and sold Toyo Ink Group color and functional
materials, polymers and coatings, into the structure of the successor company Toyo Ink Chemicals Taiwan, which
manufactures and sells resist inks used for LCD color filters. Thereafter, Toyo Ink Taiwan was dissolved, and the
name of the successor entity was changed to Toyo Advanced Science Taiwan Co., Ltd.
With this move, the Toyo Ink Group aims to strengthen and deepen its market presence in the Taiwan region by
speeding up and reinforcing new product development and customer response time. In addition, the Group is
looking to further boost customer and consumer satisfaction while advancing its businesses not only in Taiwan but
also those in the China and Southeast Asia region.
Toyo Advanced Science Taiwan engages in the manufacture and sale of color resist inks for LCDs as well as the
import and sale of printing inks, printing-related materials, pigments, optical materials and adhesives. It was
established with a paid-in capital of 600 million Taiwan dollars and a head office located at No. 318, Songjiang Road,
6th floor, in the Zhongshan District of Taipei City. Osamu Ohtake, the former president of Toyo Ink Chemicals Taiwan,
serves as president of the newly formed entity.
This merger is between two wholly-owned subsidiaries of Toyo Ink SC Holdings and, therefore, has no impact on the
company’s consolidated business performance.
Outline of the Two Merged Companies
Successor Company
Target Company
Company name
Toyo Ink Chemicals Taiwan Co., Ltd.
Toyo Ink Taiwan Co., Ltd.
Address
No.50, Gongye 3rd Rd., Tainan Technology
Industrial Park, Annan District, Tainan City,
Taiwan
1F, No. 250, Sec. 3, Běi Shēn Rd.,
Shenkeng District, New Taipei, Taiwan
Date established
2001
1993
Paid-in capital
450 million Taiwan dollars
242 million Taiwan dollars
Representative
Osamu Ohtake, president
Chen Xier, president and director
Lines of business
Manufacture and sale of resist inks for LCD
color filters
Import and sale of printing inks,
printing-related materials, pigments, optical
materials and adhesives.
News Release
Group Corporate Communication Dept., Toyo Ink SC Holdings Co., Ltd. Sogokan 110 Tower, 7-1, Kyobashi 3-chome, Chuo-ku, Tokyo, 104-8377 JAPAN
Tel: +81-3-3272-5720 Fax: +81-3-3272-9788 Website: schd.toyoinkgroup.com E-mail: [email protected]
Toyo Advanced Science Taiwan, Tainan Factory (Tainan, Taiwan)
About the Toyo Ink Group
Headed by the Tokyo-based holding company Toyo Ink SC Holdings Co., Ltd., the Toyo Ink Group is a leading
manufacturer and supplier of a variety of chemical products based on its unique color materials, adhesives and
resins technologies accumulated over a century of manufacturing expertise in pigments and printing inks. Today, the
Group consists of approximately 70 companies and more than 8,000 employees in 24 countries and areas around
the world. For more information, see schd.toyoinkgroup.com/en/.
[Inquiries]
Taiwan
Cai Sangxiao
Toyo Advanced Science Taiwan Co., Ltd.
TEL: +886-2-2662-8222
Japan
Yoshiki Nakano
Corporate Planning Division
Toyo Ink SC Holdings Co., Ltd.
+81-3-3272-5891
[Press and the general public]
Mayumi Mizutani
Corporate Communication Department
Toyo Ink SC Holdings Co., Ltd.
TEL: +81-3-3272-5720
E-mail: [email protected]
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