Taiyo Yuden

Taiyo Yuden Co., Ltd.
Native name
太陽誘電株式会社
Company typePublic (K.K)
TYO: 6976
Nikkei 225 Component
IndustryElectronics
FoundedTokyo, Japan (March 23, 1950; 74 years ago (1950-03-23))
FounderHikohachi Sato
Headquarters2-7-19, Kyobashi, Chuo-ku, Tokyo 104-0031, Japan
Key people
Shoichi Tosaka, (CEO and President)
Products
RevenueIncrease $ 2.112 billion USD (FY 2016) (¥ 230.72 billion JPY) (FY 2016)
Increase $ 102.48 million USD (FY 2016) (¥ 11.2 billion JPY) (FY 2016)
Number of employees
18,753 (consolidated)
2,586 (non-consolidated) (as of March 31, 2017)
Subsidiaries
WebsiteOfficial website
Footnotes / references
[1][2][3]

Taiyo Yuden Co., Ltd. (太陽誘電株式会社, Taiyō Yūden Kabushiki-gaisha, translated as Sun Dielectric Co., Ltd.) is a Japanese materials and electronics company, situated in Kyobashi, Chuo, Tokyo, that helped pioneer recordable CD technology (CD-R) along with Sony and Philips in 1988. Founded 70 years ago, Taiyo Yuden currently operates factories in Japan, Singapore, Korea, China, the Philippines, Taiwan, and Malaysia.

It was well known for its recordable optical media, which were regarded by many to be the very best in the industry.[4][5] In June 2015, Taiyo Yuden announced its intention to discontinue its recording media business by December of that year, citing market shrinkage, changing market conditions, difficulty while improving earnings and a hike in the cost of raw materials.[6]

The company employs almost twenty thousand people worldwide and reports annual sales of more than $2 billion. The current CEO and President is Shoichi Tosaka.[7] The company is a constituent of the Nikkei 225 stock market index.[8]

  1. ^ "Corporate Overview". Retrieved March 11, 2014.
  2. ^ "11-year Summary". Retrieved March 11, 2014.
  3. ^ "Consolidated Financial Statements 2013" (PDF). Retrieved March 11, 2014.
  4. ^ "Taiyo Yuden - Probably the Best Discs in the World". Disk Depot Articles. June 18, 2009.
  5. ^ "Introduction to Taiyo Yuden Master Grade Archival Media". Archived from the original on 2009-12-07.
  6. ^ Cite error: The named reference pr_discontinued was invoked but never defined (see the help page).
  7. ^ "Taiyo Yuden Executives".
  8. ^ "Components:Nikkei Stock Average". Nikkei Inc. Retrieved March 11, 2014.