Fuji Titanium Industry Co., Ltd. (富士チタン工業株式会社) is a manufacturer of inorganic oxide materials, mainly electronic materials such as titanium oxide for synthetic fibres and barium titanate. The company was established as a joint venture between Ishihara and Asahi Kasei (currently Asahi Kasei ) to commercialize titanium oxide. Later, Ishihara Sangyo became a wholly-owned subsidiary, due to poor stock management and restructuring of Asahi Kasei's group business.