Tokyo Ink Co. Announces New Factory Construction Plans
Tokyo Ink Co., headquartered in Kita, Tokyo, has recently announced an important milestone in its growth strategy—the acquisition of land for a new factory in Bandō City, Ibaraki Prefecture. This significant development is set to take place by March 13, 2026, and is part of the company's overarching plan to reshape its production framework.
Purpose and Background of the New Factory
The primary objective behind establishing this new facility is the comprehensive restructuring of Tokyo Ink's production capabilities, enabling sustainable growth in the face of evolving market demands. The company recognizes the necessity for transformation in its chemical products division to overcome challenges and leverage opportunities through enhanced automation and efficiency.
The new plant will be equipped with a layout and machinery that provide flexibility for future production increases and new business initiatives. This strategic expansion aims not only to bolster the competitiveness of existing operations but also to establish a robust foundation that can swiftly respond to changes in the market environment.
Overview of the Project
Details about the new factory project are as follows:
- - Location: Sashima-dai, Bandō City, Ibaraki Prefecture (Section 7 of Frontier Park Bandō)
- - Site Area: Approximately 41,061 square meters
- - Acquisition Cost: Around 1.3 billion yen
- - Financing: A combination of internal funds and loans
- - Property Handover Date: Expected by December 2026
- - Construction Start Date: Anticipated around April 2027
- - Completion Date: Estimated completion by October 2028
While the company is still in the process of finalizing the specific details pertaining to the investment amount and operational commencement, it has committed to promptly disclosing any updates once decisions are made.
Further information regarding fixed asset acquisition and factory construction plans can be found in
Tokyo Ink's official announcement.
About Tokyo Ink Co.
Tokyo Ink Co. stands proud with a legacy spanning over a century as a comprehensive color chemistry manufacturer. Leveraging the expertise and techniques gained through its primary ink business, the company has expanded its portfolio, currently focusing on chemical products, including plastic colorants and functional agents, as well as processing businesses handling various materials.
The company's guiding purpose—"To realize a prosperous future by communicating, coloring, and protecting"—drives it to provide indispensable products for a sustainable society, aspiring for a rich and vibrant future.
Company Details
- - Headquarters: 1-12-4 Oji, Kita, Tokyo, TIC Oji Building
- - Established: December 1923
- - CEO: Satoshi Horikawa
- - Capital: 3.24 billion yen
- - Stock Exchange Listing: Tokyo Stock Exchange Standard Market (Ticker: 4635)
- - Business Areas: Includes manufacturing and sales of offset inks, gravure inks, and inkjet inks, along with various paints, printing materials, printing machinery, masterbatches, resin compounds, industrial and packaging materials, civil engineering and agricultural materials.
For any inquiries regarding this announcement, please contact Tokyo Ink through their
official website's contact form.