Osaka Titanium Technologies

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OSAKA Titanium Technologies Co.,Ltd.
Type Public KK
Traded as TYO: 5726
Industry
Founded Osaka, Japan (November 26, 1952 (1952-11-26))
Headquarters 1 Higashihama-cho, Amagasaki, Hyogo 660-8533, Japan
Key people Shozo Nishizawa, (CEO and President)
Products
Revenue

$ 594 million (FY 2012)

(¥ 55.876 billion) (FY 2012)
Net income

$ 22 million (FY 2012)

(¥ 2.075 billion) (FY 2012)
Employees
  • 752 (as of March 31, 2013)
  • 167 (temporary staff)
Website Official website
References: [1][2][3]

Osaka Titanium Technologies Co., Ltd. (大阪チタニウムテクノロジーズ Ōsaka Chitaniumu Tekunorojīzu Kabushiki-gaisha?) is a Japanese non-ferrous metal manufacturing company based in Amagasaki, Hyōgo Prefecture, Japan. It is the world's second largest producer of titanium sponge[4] after VSMPO-Avisma.[5]

It produces titanium products using the Kroll process,[6] and also produces silicon products.[7]

In 2010, increased demand for titanium led to increased supply capacity,[8] but Osaka Titanium Technologies was still able to raise prices due to continuing strong demand from the aviation industry.[9]

The company is part of the Sumitomo Group, one of the largest Japanese keiretsu.

History[edit]

The company was founded in 1937 as Osaka Special Steel Manufacturing. Sumitomo Metal Industries took a stake in 1952, and work began on titanium. Also in 1952 the company changed its name to Osaka Titanium Co., Ltd. Kobe Steel took an equity stake in the company in 1953.

In 2002, the company was named Sumitomo Titanium Corporation and was listed on the first section of Tokyo Stock Exchange, and in 2007, it was renamed Osaka Titanium Technologies.[10]

Business segments and products[edit]

References[edit]

  1. ^ "Company Outline". Retrieved March 28, 2014. 
  2. ^ "Corporate Profile". Retrieved March 28, 2014. 
  3. ^ "Annual Report 2013". Retrieved March 28, 2014. 
  4. ^ "Osaka Titanium to increase prices on aviation demand". Mining Journal. October 26, 2010. Retrieved August 15, 2011. 
  5. ^ Hartle, Geoff (June 23, 2009). "Russian Aerospace and Titanium Markets". p. 18. Retrieved October 18, 2011. 
  6. ^ "Titanium Manufacturing Process and Products". Osaka Titanium technologies. Retrieved August 15, 2011. 
  7. ^ "Osaka Titanium technologies Co., Ltd". marketresearch.com. February 18, 2009. Retrieved August 15, 2011. 
  8. ^ "Titanium 2010: Global titanium sponge supply growing - Roskill". Metal Pages. October 7, 2010. Retrieved August 15, 2011. 
  9. ^ "Osaka Titanium to Increase Contract Prices on Rebounding Aerospace Demand". Bloomberg News. October 26, 2010. Retrieved August 15, 2011. 
  10. ^ "Key events". October 2, 2009. Retrieved October 31, 2010. 
  11. ^ "Products". Retrieved March 28, 2014. 

External links[edit]