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Tōyōbōseki Kabushiki-gaisha is one of Japan's top makers of fibers and textiles, including (polyester, nylon and Acrylic fiber) and natural fibers, such as cotton and wool.
In August 2013, Toyobo bought the Spanish company Spinreact for 22.3 million euros.
In 2015, Toyobo provided 40% of the yarn for worldwide, and 50% of Japan's food packaging films. In March 2017, Toyobo introduced Cocomi, a t-shirt that tracks a driver's heartbeats and activates an alarm if somnolence is detected. In August 2017, Toyobo established a new group in Europe, Toyobo Chemicals Europe GmbH, with a focus on marketing specialty chemical products, and a new manufacturing base for airbag fabrics.
In March 2018, Toyobo paid $66 million to settle a case of defective bulletproof vests sold to the US Government between 2001 and 2005.
Toyobo also manufactures plastic films, and resins. Biochemical products such as reagents, medical products (e.g. fiber membranes for artificial organs), and purification devices are also manufactured by the company.
The company operates across Japan, China, South Korea, Singapore, Malaysia, Australia, United States, and Germany and is listed on the Tokyo Stock Exchange, being a component of the Nikkei 225 stock index.
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