
Tomoe Engineering Co., Ltd. was established as specialized manufacturer of centrifuges in 1941, and expanded its business area to importation of industrial chemicals in 1952 shortly after the end of World War ‡U. Since then, the company has developed more than a half-century as unique corporate entity having two different core businesses. As to the core businesses, one is the manufacture and distribution of separators as typified by centrifuges, and the other is the importation and distribution of industrial chemical products with a focus on advanced products from wide range of areas. The former is assumed by machine manufacture & distribution sector as a manufacturer, and the latter is assumed by chemical products distribution sector as a specialized trader.
gSupply of advanced products in good quality and dedication to the societyh
Under this corporate philosophy, we aim to create and maximize the corporate value based on the management that satisfies all of our stakeholders.
At present, we are promoting the 9th medium-term management plan ending October 2013. We aim to achieve, in the process, a continuous and steady growth by taking sharp marketing strategy with a discerning eye for expansive business fields.
In Machinery & Equipment Business, we will bring an expansion of overseas business, China and North America in particular, and energy-saving type centrifuges in the domestic market, into the heart of our strategy. We are planning to lift the rate of overseas business to 60% from the current 40%.
In Chemical Products Business, we put the strengthening of plastics business, both in domestic and overseas, and introductions of new products into the markets at the center of our strategy. The plastics business, in particular, we will strengthen linkages between overseas and domestic groups, and bring them into creation of new business opportunities. At the same time, our plastic groups, both in overseas and domestic markets, will expand their own businesses in the respective markets by focusing on their market characteristics.
By accomplishing this, we set the sales of 50 billion yen and the ordinary profit of 2.5 billion yen as our goal for the year ending October 2013. We have named this goal as gTomoe 525h to inspire all the Tomoe staffs to greater efforts for achieving the goal.
Meanwhile, as we have announced already, we set dividend payout ratio at 25% or more on a consolidated basis, and implement special gift plan for shareholders from half-year end of 2008.
As the corporation listed on the first section market, we are currently enhancing corporate governance. Nevertheless, we will put further efforts to strengthening it, fulfill our corporate social responsibility and aim to become true public company, to maintain everlasting corporate activities.
The change in business environment surrounding us has grown intense day by day. Under such circumstances, Tomoe will meet shareholdersf expectations, by strengthening adaptability to the environmental changes, improving its constitution and expanding business area for the heightening of corporate value, and by aiming to become a corporation of dynamic growth.