Kyodo Oxygen Co., Ltd. - 4108- Profile

Kyodo Oxygen Co., Ltd. was established in 1962 to manufacture oxygen and nitrogen. The company became publicly held in January 1996. Oxygen accounted for 26% of fiscal 1999 unconsolidated revenues; argon, 22%; nitrogen, 18%; other gases such as hydrogen, carbon dioxide and xenon, 11%; manufacture/ sale of compressed air and industrial waste purifying works, 15%; wholesale of high-pressure gas containers and welding equipment and manufacture/sale of special ultra clean tubing and equipment for semi-conductor manufacturing equipment, 7% and other including manufacture and sale of quartz glass, 1%. Unconsolidated revenues accounted for 96.5% of fiscal 1999 revenues. The company has three consolidated subsidiaries in Japan. The company is a subsidiary of Sumitomo Metal Industries, Ltd. which holds 66.20% of issued stock.