Tomen's History

Tomen's Profile (before merger)

Company Name Tomen Corporation
Establishment April 15, 1920
Business Line Trading company dealing in chemicals, produce and foodstuffs, textiles, electronics, and machinery and energy
Net sales 1,577,303 Million Yen (March 31, 2005)

Tomen's History (before merger)

April 15, 1920 Toyo Menka Kaisha, Ltd. (capital: ¥12.5 million, head office: Osaka) established; cotton business taken over from Mitsui & Co., Ltd.
1947 Machinery, metals, and foodstuffs businesses started
1949 Sanyo Oil & Fat Industrial Co., Ltd. (currently Sanyo Chemical Industries, Ltd.) established through joint investment with Toyo Rayon Co., Ltd. (currently Toray Industries, Inc.)
1950 Listed on the Osaka and Tokyo stock exchanges
1951 Toyomenka, Inc. (currently Tomen America Inc.) established
1955 Merger with Kanegafuchi Trading Co., Ltd.; textile business expanded
1955 Listed on the Nagoya stock exchange
1961 Merger with Taiyo Bussan Kaisha Ltd.; foodstuffs business expanded
1963 Merger with Nankai Kogyo Co., Ltd.; metals business expanded
1965 Sunpot Co., Ltd. Established
1968 Grain silo business launched; operation of grain-processing complex in Higashinada started
1970 Japanese name changed to Kabushiki Kaisha Tomen; dual head office system (Tokyo, Osaka) adopted
1980 Tohoku Grain Terminal Co., Ltd. Established
1983 Teijin Advanced Products Corporation (currently Tomen Electronics Corporation) acquired
1987 Power supply business launched; wind power generation project started in the U.S.A.
1988 Tomen Power Corporation Established
1989 London branch closed and Toyomenka (U.K.) Ltd. Established
1990 Spin-off of cotton business; Toyo Cotton (Japan) Co. established
1990 Operational rights in Japan acquired from Chevron Chemical, including trademark and exclusive development and distribution rights for agrochemical product "ORTRAN"
1990 P.T. Styrindo Mono Indonesia established
1990 English name changed to Tomen Corporation
1992 Tomen Devices Corporation established
1999 Tomen Electronics Corporation listed on the Second Section of the Tokyo Stock Exchange
2000 Capital and business alliance initiated with Toyota Tsusho Corporation (private placement of shares worth ¥7.5 billion)
2001 Stock listing of Tomen Electronics Corporation upgraded to the First Section of the Tokyo Stock Exchange
2001 Life science business integrated with Arysta LifeScience Corporation
2001 Spin-off of part of power supply business into Tomen Power Holdings Corporation (currently Eurus Energy Holdings Corporation) conducted
2003 Sunpot Co., Ltd. listed on the Second Section of the Tokyo Stock Exchange
2003 Private placement of shares worth ¥10 billion to Toyota Tsusho Corporation and Toyota Motor Corporation undertaken
2004 Tomen Devices Corporation listed on the Second Section of the Tokyo Stock Exchange
2005 Stock listing of Tomen Devices Corporation upgraded to the First Section of the Tokyo Stock Exchange
2006 Merger with Toyota Tsusho Corporation