Estimated sales: ¥117,200 million/$1,353.6 million
(accounting period: April 1 to March 31)
Estimated market share: 5.9%
President and CEO: Ritaro Igaki
First Person: Ritaro Igaki
Takasago Group is
strengthening its base of
business in the markets
of emerging countries.
In Southeast Asia, the
growth rates of the flavor
and fragrance industries
have been high due to
the economic growth
of emerging countries
such as Indonesia and
Group has expanded its
businesses in Southeast Asia at an extremely rapid pace that
exceeds market growth. In order to keep the high business
growth rate and establish a position in the Asian market
from a medium to long-term viewpoint, we are conducting
expansive investments in the flavor and fragrance
businesses to improve productivity and enrich our research
and development capabilities. As part of that expansion, we
plan to start operating a new factory in 2013.
In the Indian market, we are establishing a new production
site in the industrial complex of Chennai, Tamil Nadu. In
the Indian flavor and fragrance market, it is expected that
demand will grow significantly for fragrances used in
cosmetics and toiletries, as well as flavors for beverages
and confectionery products. At the new production site, we
will improve our supply capacity, creativity, applications
expertise, and research and development functions in order
to offer added value to both global customers and local
As for the fragrance business in North America, we plan
to strengthen our business systems by investing in new
production facilities at our site in Harriman, New York.
We plan to secure sufficient productivity for future
growth by installing cutting-edge equipment. We also plan
to streamline our supply systems by integrating production
and distribution processes. From now on, we will fortify our
production systems to win the further trust of customers in
In order to keep the high business growth
rate and establish a position in the Asian
market from a medium to long-term
viewpoint, we are conducting expansive
investments in the flavor and fragrance busi-
nesses to improve productivity and enrich
our research and development capabilities.
the world’s largest fragrance and flavor market and conduct
our businesses successfully.
In Central and South America, we reinforced our
production systems by renewing the office in Vinhedo, São
Paulo, Brazil in 2012. To meet the needs of global firms, we
will expand business opportunities in the burgeoning markets
many clients have entered in this region.
With regard to our flavor business in Europe, we have
enhanced our core capabilities. For example, we have
improved our production facilities to allow for business
expansion and made a prior investment to accommodate
future growth. We have emphasized the importance of the
securing of natural materials, and as the latest example of
this, we developed the groundwork for a vanilla business by
establishing a joint venture in Madagascar and securing a
processing plant in Morocco.
Securing Natural Materials
As customers around the world are becoming nature-oriented,
Takasago is focusing its energy on the securing of natural
materials and the development of stable supply systems.
For coffee, we produce coffee extracts in collaboration
with Dan Kaffe (Malaysia) SDN and, along with BHD in
Malaysia, we can import coffee beans from any country.
As for tea, we produce a variety of tea extracts, including
oolong, at Xiamen Hua Ri Foods Industrial Co., Ltd. in China.
We secure citrus oil from our Citrus Center in Florida and
develop specialty products at the Citrus Research Center at
Takasago International Corporation (U.S.A.).