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Capturing New Synergies through Teamwork Among Three Departments

The Division's three departments - chemical products, plastics and electronics - will work as one to capture new synergies. While working to expand business profits, the departments will work to contribute to "People and Society" in the three strategic fields of Mobility, Life & Community, Earth & Resources through home electronics, automobiles and other businesses.

Fiscal 2010 Business Initiatives

Investment in an Iodine Development and Production Company in the Republic of Chile

Toyota Tsusho has invested in Algorta Norte S.A., an iodine production company in the Republic of Chile. The distribution of iodine resources around the world is even more imbalanced than rare earths. In the field of pharmaceuticals, the main application for iodine, the market for this resource is expected to grow by around 5% a year in emerging countries going forward. By acquiring a new source of supply, Toyota Tsusho expects to increase its share of the iodine market from 7% now to around 15% in 2016. Looking ahead, we aim to develop new businesses by, for example, establishing value chains through entry into downstream operations in the pharmaceuticals field.

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