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Toho Titanium Co., Ltd. (TYO: 5727) is Japan's largest producer of titanium sponge — the porous metal precursor to titanium ingot, bar, and powder — made via the Kroll process at its Wakamatsu and Chigasaki plants.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
TIMET 8-K: 'TIMET and Toho Titanium Co., LTD (Toho) ... The agreement provides for the purchase by TIMET of specified volumes of titanium sponge commencing in 2010 through 2024.' Toho's sponge is made at Chigasaki and Wakamatsu, Japan (its Saudi ATTM JV plant only started in 2017, after this contract); TIMET melts sponge at its US plants (Henderson NV, Morgantown PA, Toronto OH). Volumes undisclosed; the 2024 end-year is the contract term, not a confirmed 2024 delivery.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
This company sits on the supply side for 2 of its 3 materials — a restriction on those is a tailwind, not a headwind.
No actions in the register have named or swept this company in the last 24 months.