Toyobo

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Toyobo Co., Ltd.
東洋紡績株式会社
Company type Public (K.K)
TYO: 3101
Nikkei 225 Component
Industry Textile
Founded Osaka (May 1882;142 years ago (1882-05))
Headquarters2-8, Dojima Hama 2-chome, Kita-ku, Osaka 530-8230, Japan
Key people
Ryuzo Sakamoto
(Chairman of the board)
Seiji Narahara
(President)
Products
RevenueIncrease2.svg US$ 3.41 billion (FY 2013) (JPY 351.57 billion) (FY 2013)
Increase2.svg US$ 79.2 million (FY 2013) (JPY 8.15 billion) (FY 2013)
Number of employees
10,487 (consolidated, as of March 31, 2014)
Website Official website
Footnotes /references
[1] [2]

Toyobo Co., Ltd. (東洋紡績株式会社, Tōyōbōseki Kabushiki-gaisha) is one of Japan's top makers of fibers and textiles, including synthetic fibers (polyester, nylon and acrylics) and natural fibers, such as cotton and wool.

Contents

History

Toyobo was established in 1882 by Eiichi Shibusawa as a cotton-spinning company in a context of post-Meiji Restoration. By the 1930s, Toyobo was the world's largest cotton-spinning company. In the 1960s, the company started to manufacture synthetic fibers and films. [3]

In August 2013, Toyobo bought the Spanish company Spinreact for 22.3 million euros. [4]

In 2015, Toyobo provided 40% of the yarn for airbags worldwide, and 50% of Japan's food packaging films. [3] In March 2017, Toyobo introduced Cocomi, a t-shirt that tracks a driver's heartbeats and activates an alarm if somnolence is detected. [5] In August 2017, Toyobo established a new group in Europe, Toyobo Chemicals Europe GmbH, with a focus on marketing specialty chemical products, and a new manufacturing base for airbag fabrics. [6]

In March 2018, Toyobo paid $66 million to settle a case of defective bulletproof vests sold to the US Government between 2001 and 2005. [7] [8]

Activities

Toyobo's textiles are designed for clothing, home furnishings, and for industrial uses. Textiles include spandex yarn for apparel, polyurethane fiber for pantyhose, yarns for airbags and tire cords and synthetic fibers for apparel. Toyobo is also engaged in the spinning, weaving, knitting, dyeing, sewing, and the wholesaling and trading of textiles in Japan and internationally. [9]

Toyobo also manufactures plastic films, and resins. Biochemical products such as reagents, medical products (e.g. fiber membranes for artificial organs), and purification devices are also manufactured by the company. [10]

The company operates across Japan, China, South Korea, Singapore, Malaysia, Australia, United States, and Germany and is listed on the Tokyo Stock Exchange, being a component of the Nikkei 225 stock index. [11]

See also

Related Research Articles

Spinning is a twisting technique to form yarn from fibers. The fiber intended is drawn out, twisted, and wound onto a bobbin. A few popular fibers that are spun into yarn other than cotton, which is the most popular, are viscose, animal fibers such as wool, and synthetic polyester. Originally done by hand using a spindle whorl, starting in the 500s AD the spinning wheel became the predominant spinning tool across Asia and Europe. The spinning jenny and spinning mule, invented in the late 1700s, made mechanical spinning far more efficient than spinning by hand, and especially made cotton manufacturing one of the most important industries of the Industrial Revolution.

<span class="mw-page-title-main">Textile</span> Various fiber-based materials

Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the only manufacturing method, and many other methods were later developed to form textile structures based on their intended use. Knitting and non-woven are other popular types of fabric manufacturing. In the contemporary world, textiles satisfy the material needs for versatile applications, from simple daily clothing to bulletproof jackets, spacesuits, and doctor's gowns.

<span class="mw-page-title-main">Yarn</span> Long continuous length of interlocked fibres

Yarn is a long continuous length of interlocked fibres, used in sewing, crocheting, knitting, weaving, embroidery, ropemaking, and the production of textiles. Thread is a type of yarn intended for sewing by hand or machine. Modern manufactured sewing threads may be finished with wax or other lubricants to withstand the stresses involved in sewing. Embroidery threads are yarns specifically designed for needlework. Yarn can be made of a number of natural or synthetic materials, and comes in a variety of colors and thicknesses. Although yarn may be dyed different colours, most yarns are solid coloured with a uniform hue.

<span class="mw-page-title-main">Textile arts</span> Form of arts and crafts using fibers

Textile arts are arts and crafts that use plant, animal, or synthetic fibers to construct practical or decorative objects.

<span class="mw-page-title-main">Lyocell</span> Regenerated cellulose fiber made from dissolving pulp

Lyocell is a semi-synthetic fiber used to make textiles for clothing and other purposes. It is a form of regenerated cellulose made by dissolving pulp and dry jet-wet spinning. Unlike rayon made by the more common viscose processes, Lyocell production does not use carbon disulfide, which is toxic to workers and the environment. Lyocell was originally trademarked as Tencel in 1982.

<span class="mw-page-title-main">Dyeing</span> Process of adding color to textile products

Dyeing is the application of dyes or pigments on textile materials such as fibers, yarns, and fabrics with the goal of achieving color with desired color fastness. Dyeing is normally done in a special solution containing dyes and particular chemical material. Dye molecules are fixed to the fiber by absorption, diffusion, or bonding with temperature and time being key controlling factors. The bond between the dye molecule and fiber may be strong or weak, depending on the dye used. Dyeing and printing are different applications; in printing, color is applied to a localized area with desired patterns. In dyeing, it is applied to the entire textile.

<span class="mw-page-title-main">Metallic fiber</span> Thread wholly or partly made from metal

Metallic fibers are manufactured fibers composed of metal, metallic alloys, plastic-coated metal, metal-coated plastic, or a core completely covered by metal.

<span class="mw-page-title-main">Textile industry</span> Industry related to design, production and distribution of textiles.

The textile industry is primarily concerned with the design, production and distribution of textiles: yarn, cloth and clothing.

Olefin fiber is a synthetic fiber made from a polyolefin, such as polypropylene or polyethylene. It is used in wallpaper, carpeting, ropes, and vehicle interiors.

The manufacture of textiles is one of the oldest of human technologies. To make textiles, the first requirement is a source of fiber from which a yarn can be made, primarily by spinning. The yarn is processed by knitting or weaving, which turns it into cloth. The machine used for weaving is the loom. For decoration, the process of colouring yarn or the finished material is dyeing. For more information of the various steps, see textile manufacturing.

<span class="mw-page-title-main">Technical textile</span> Textile product valued for its functional characteristics

"Technical textile" refers to a category of textiles specifically engineered and manufactured to serve functional purposes beyond traditional apparel and home furnishing applications. These textiles are designed with specific performance characteristics and properties, making them suitable for various industrial, medical, automotive, aerospace, and other technical applications. Unlike conventional textiles used for clothing or decoration, technical textiles are optimized to offer qualities such as strength, durability, flame resistance, chemical resistance, moisture management, and other specialized functionalities to meet the specific needs of diverse industries and sectors.

<span class="mw-page-title-main">Textile recycling</span> Method of reusing or reprocessing used clothing, fibrous material and rags

Textile recycling is the process of recovering fiber, yarn, or fabric and reprocessing the material into new, useful products. Textile waste is split into pre-consumer and post-consumer waste and is sorted into five different categories derived from a pyramid model. Textiles can be either reused or mechanically/chemically recycled.

A staple fiber is a textile fiber of discrete length. The opposite is a filament fiber, which comes in continuous lengths. Staple length is a characteristic fiber length of a sample of staple fibers. It is an essential criterion in yarn spinning, and aids in cohesion and twisting. Compared to synthetic fibers, natural fibers tend to have different and shorter lengths. The quality of natural fibers like cotton is categorized into staple length such as short, medium, long staple, and extra-long. Gossypium barbadense, one of several cotton species, produces extra-long staple fibers. The staple fibers may be obtained from natural and synthetic sources. In the case of synthetics and blends, the filament yarns are cut to a predetermined length.

<span class="mw-page-title-main">Finishing (textiles)</span> Manufacturing process

In textile manufacturing, finishing refers to the processes that convert the woven or knitted cloth into a usable material and more specifically to any process performed after dyeing the yarn or fabric to improve the look, performance, or "hand" (feel) of the finish textile or clothing. The precise meaning depends on context.

<span class="mw-page-title-main">Nisshinbo Holdings</span> Japanese company

Nisshinbo Holdings Inc. is a Japanese company formerly listed on the Nikkei 225. It has a diverse line of businesses that include electronics, automobile brakes, mechatronics, chemicals, textiles, papers and real estate.

The textile industry in India, traditionally after agriculture, is the only industry in the country that has generated large-scale employment for both skilled and unskilled labour. The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million people in the country. India is the world's second largest exporter of textiles and clothing, and in the fiscal year 2022, the exports stood at US$44.4 billion. According to the Ministry of Textiles, the share of textiles in total exports during April–July 2010 was 11.04%. During 2009–2010, the Indian textile industry was pegged at US$55 billion, 64% of which services domestic demand. In 2010, there were 2,500 textile weaving factories and 4,135 textile finishing factories in all of India. According to AT Kearney’s ‘Retail Apparel Index’, India was ranked as the fourth most promising market for apparel retailers in 2009.

Wet Processing Engineering is one of the major streams in Textile Engineering or Textile manufacturing which refers to the engineering of textile chemical processes and associated applied science. The other three streams in textile engineering are yarn engineering, fabric engineering, and apparel engineering. The processes of this stream are involved or carried out in an aqueous stage. Hence, it is called a wet process which usually covers pre-treatment, dyeing, printing, and finishing.

The textile industry is Pakistan's largest manufacturing sector, employing nearly 25 million people. As the eighth largest exporter of textile commodities in Asia, the industry contributes 8.5% to the country's Gross domestic product.

A blend is a mixture of two or more fibers. In yarn spinning, different compositions, lengths, diameters, or colors may be combined to create a blend. Blended textiles are fabrics or yarns produced with a combination of two or more types of different fibers, or yarns to obtain desired traits and aesthetics. Blending is possible at various stages of textile manufacturing. The term, blend, refers to spun fibers or a fabric composed of such fibers. There are several synonymous terms: a combination yarn is made up of two strands of different fibers twisted together to form a ply; a mixture or mixed cloth refers to blended cloths in which different types of yarns are used in warp and weft sides.

Recover Textile Systems, mainly known as Recover, is a materials science company and producer of mechanically recycled cotton fiber and recycled cotton fiber blends, created in 2020 with its headquarters in Banyeres de Mariola, Spain.

References

  1. "Corporate Data". Toyobo. Retrieved March 3, 2015.
  2. "Company Snapshot". Bloomberg L.P. Retrieved March 3, 2015.
  3. 1 2 "Toyobo's turnaround has true Japanese spirit". Theworldfolio.com. 2015. Retrieved November 23, 2018.
  4. "La japonesa Toyobo compra la empresa bioquímica española Spinreact". Finanzas.com (in Spanish). August 2, 2013. Retrieved November 23, 2018.
  5. "Cocomi, un t-shirt qui vous empêche de vous endormir au volant". Tomsguide.fr (in French). March 18, 2017. Retrieved November 23, 2018.
  6. "Toyobo Adds Germany to Global Network With New Manufacturing Base for Airbag Fabrics". Japanchemicaldaily.com. August 25, 2017. Retrieved November 23, 2018.
  7. Ray Downs (March 15, 2018). "Japanese firm to pay $66M for selling defective bulletproof vests to U.S." Upi.com. Retrieved November 23, 2018.
  8. "Toyobo to pay $66 million in U.S. bullet-proof vest fraud case". Reuters.com. March 15, 2018. Retrieved November 23, 2018.
  9. "東洋紡がグローバル戦略を加速させる 拠点として選んだカタルーニャ州". catalonia.com. Retrieved November 6, 2024.
  10. "Company Snapshot". Bloomberg Businessweek. Archived from the original on October 7, 2012. Retrieved March 3, 2015.
  11. "Components:Nikkei Stock Average". Nikkei Inc. Retrieved March 3, 2015.