Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Tokuyama Corporation    4043   JP3625000009

TOKUYAMA CORPORATION

(4043)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Tokuyama : Chemical maker Tokuyama to set up high-purity IPA venture in Taiwan

09/27/2020 | 11:08pm EST

Chemical maker Tokuyama Corp. will set up a fifty-fifty joint venture in Taiwan with a local firm to manufacture high-purity isopropyl alcohol, expecting growing demand for the chip-cleaning solution in the expanding semiconductor market there.

Formosa Tokuyama Advanced Chemicals Co. is scheduled to be established in Kaohsiung in October, with Formosa Plastics Corp. investing half of the capital NT$1 billion (US$34 million), the Tokyo-based company said Friday.

The joint venture is expected to start manufacturing high-purity IPA in January 2022 for the local market, with a capacity of 30,000 tons per year, using the partner's propylene as a raw material, a Tokuyama official told NNA.

Tokuyama set up a local unit, Taiwan Tokuyama Corp., in 1996 to supply local chipmakers with its high-purity IPA, using near-complete products from Japan, while the new venture will have an integrated production system, procuring a raw material in Taiwan, according to the official. (NNA/Kyodo)

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
FORMOSA PLASTICS CORPORATION -0.88% 90.6 End-of-day quote.-6.02%
TOKUYAMA CORPORATION 0.91% 2549 End-of-day quote.10.01%
All news about TOKUYAMA CORPORATION
2020Japan stocks fall on coronavirus worries; upbeat earnings outlook limits loss..
RE
2020Japanese shares touch one-month low on renewed coronavirus fears
RE
2020TOKUYAMA CORPORATION : Half-year results
CO
2020TOKUYAMA CORPORATION : Ex-dividend day for interim dividend
FA
2020TOKUYAMA : Chemical maker Tokuyama to set up high-purity IPA venture in Taiwan
AQ
2020TOKUYAMA CORPORATION : 1st quarter results
CO
2020TOKUYAMA CORPORATION : Press Release
CO
2020TOKUYAMA : Summary of Consolidated Financial Statements for the First Quarter Fi..
PU
2020TOKUYAMA : Presentation for the First Quarter Fiscal 2020
PU
2020TOKUYAMA CORPORATION : Press Release
CO
More news
Financials
Sales 2021 294 B 2 832 M 2 832 M
Net income 2021 22 765 M 219 M 219 M
Net Debt 2021 31 168 M 300 M 300 M
P/E ratio 2021 7,82x
Yield 2021 2,62%
Capitalization 177 B 1 706 M 1 706 M
EV / Sales 2021 0,71x
EV / Sales 2022 0,63x
Nbr of Employees 5 679
Free-Float 92,0%
Chart TOKUYAMA CORPORATION
Duration : Period :
Tokuyama Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOKUYAMA CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Average target price 3 276,67 JPY
Last Close Price 2 549,00 JPY
Spread / Highest target 41,2%
Spread / Average Target 28,5%
Spread / Lowest Target 16,5%
EPS Revisions
Managers and Directors
NameTitle
Hiroshi Yokota Executive President & Representative Director
Yoshinori Kashiwabara Head-Finance
Fumiaki Iwasaki Director, Managing Executive Officer, Manager-R&D
Hideki Adachi Representative Director & Head-Production
Youji Miyamoto Director
Sector and Competitors