- Business
- Toho Zinc Co., Ltd. Toho Zinc Co., Ltd. (5707.T) manufactures and sells nonferrous metal products, including electrolytic zinc, die-casting zinc alloys, zinc powder, cadmium oxide, sulfuric acid, electrolytic lead, lead alloys, electrolytic silver and bismuth; it also produces electronic components such as iron and amorphous powders, Fe-Al-Si based powder core materials, MAIRON and ATOMIRON electrolytic irons, gold, silver, nickel, tin and reflow tin electroplates, balancing weights, powdered metallurgy products and molds, as well as advanced materials for automotive electronics, office automation equipment and industrial applications. The company operates in smelting and refining, mineral resources, electronic components, advanced materials, and environment and recycling businesses primarily in Japan, with manufacturing sites at Annaka, Chigirishima and Onahama smelters and Fujioka Works, plus branches in Hong Kong and Shanghai, China; it holds the top domestic market share in lead smelting at 40% of metal production and the leading global position in electrolytic iron for aircraft at 80%. Founded in 1937 and headquartered in Tokyo, Japan, Toho Zinc maintains a workforce of 785 consolidated employees and lists on the Tokyo Stock Exchange. In December 2024, the company announced a business revitalization plan featuring withdrawal from unprofitable mineral resources operations through sales of Australian mines Abra, Rasp and Endeavor, alongside reorganization of zinc smelting into metal recycling centered on zinc dust treatment and low-grade fly ash processing at Annaka and Onahama facilities; it secured ¥7.5 billion in capital investments from Advantage Partners and Tatsumi Shokai funds plus a business alliance with Hanwa, completed facility shutdowns and voluntary early retirements in FY2024, transferred Abra shares to a new shareholder post-creditors' approval in May 2025, and plans lithium-ion battery recycling entry, lead recycling expansion and zinc oxide production growth by FY2029 to achieve ¥7.4 billion ordinary income.