TODA KOGYO CORP.

Toda Kogyo Group is a corporate group primarily engaged in the manufacture and sale of functional pigments and electronic materials. Centered on Toda Kogyo, it operates through 15 subsidiaries, 4 affiliates and 1 other affiliated company. Its operations are consolidated into 2 main reporting segments, Functional Pigments and Electronic Materials. Functional Pigments includes pigments and environmental materials, while Electronic Materials includes magnetic materials, dielectric materials, soft magnetic materials and materials for lithium-ion batteries. The Group has established a global production system centered on its overseas facilities and is pursuing growth mainly in magnet and dielectric materials, while expanding investment in soft magnetic and environmental materials as next-generation businesses. Under Vision2026, it has adopted a policy of strengthening business portfolio management and improving profitability and capital efficiency in order to address challenges posed by an unstable international environment, resource prices and logistics. Notable business developments during the current fiscal year included the decision to transfer the equity interest in an equity-method affiliate and dissolve the joint venture, as well as initiatives to improve its financial position.