43 items
2026-08-06
Toray Industries, Inc. revised consolidated earnings guidance for the six months ending September 30, 2026. For the period, the company expects revenue to be JPY 1,390.0 billion against previous guidance of JPY 1,370.0 billion. Profit attributable to owners of parent to be JPY 45.0 billion against previous guidance of JPY 40.0 billion. Basic earnings per share to be JPY 30.90 against previous guidance of JPY 27.48. Toray Group revised its consolidated forecast for the first six months ending September 30, 2026, taking into consideration its business performance for the first three months and the business environment. The Group plans to review the full-year forecast as necessary at the time of the announcement of the results for the first six months by considering the trends in the external environment. The calculation of consolidated earnings forecasts for the period from July to September 2026 is based on an assumed foreign currency exchange rate of JPY 155.0 to USD 1.
2026-08-06
Toray Industries, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2027. For the year, the company expects revenue to be JPY 2,830,000 million. Profit attributable to owners of parent to be JPY 90,000 million. Basic earnings per share to be JPY 61.80.
2026-08-06
Toray Industries, Inc. provided commemorative dividend guidance for the second quarter-end of the year ending March 31, 2027. For the second quarter-end, the company expects to pay commemorative dividend of JPY 3.00 per share.
2026-08-06
Toray Industries, Inc. provided dividend guidance for the year ending March 31, 2027. For the year-end, the company expects to pay dividend of JPY 13.00 per share against JPY 10.00 per share a year ago.
2026-08-06
Toray Industries, Inc. provided ordinary dividend guidance for the second quarter-end of the year ending March 31, 2027. For the second quarter-end, the company expects to pay dividend of JPY 10.00 per share against JPY 10.00 per share paid a year ago.
2026-08-06
Toray Industries, Inc., Board Meeting, Aug 06, 2026. Agenda: To consider the Notice Regarding the Disposal of Treasury Shares as Restricted Stock Incentives for the Employee Stock Ownership Association.
2026-07-29
Toray Industries, Inc., ¥ 10.0, Cash Dividend, Sep-29-2026
2026-07-29
Toray Industries, Inc., ¥ 3.00, Cash Dividend, Sep-29-2026
2026-07-24
Toray Industries, Inc., Board Meeting, Jul 24, 2026. Agenda: To consider and approve to resolved to dispose of treasury shares as restricted stock remuneration; and to consider and approve other business related matters.
2026-07-17
Toray Industries, Inc., Q1 2027 Earnings Call, Aug 06, 2026
2026-07-03
Toray Industries, Inc. announced that they will report Q1, 2027 results on Aug 06, 2026
2026-06-03
Samyang Corporation Japan, Inc. entered into share purchase agreement to acquire Soda Aromatic Co., Ltd. from Toray Industries, Inc. (TSE:3402) and Mitsui & Co., Ltd. (TSE:8031) for ¥41.0 billion on May 29, 2026. A cash consideration of ¥41 billion will be paid by Samyang Corporation Japan, Inc. As part of consideration, ¥41 billion is paid towards common equity of Soda Aromatic Co., Ltd. The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is Within the first half of the fiscal year ending March 2027.
2026-05-14
Toray Industries, Inc. reported earnings results for the full year ended March 31, 2026. For the full year, the company reported sales was JPY 2,585,077 million compared to JPY 2,563,280 million a year ago. Net income was JPY 79,521 million compared to JPY 77,911 million a year ago. Basic earnings per share from continuing operations was JPY 52.96 compared to JPY 48.93 a year ago. Diluted earnings per share from continuing operations was JPY 52.87 compared to JPY 48.84 a year ago.
2026-05-14
Toray Industries, Inc. expected to report Q1 2027 results on August 7, 2026. This event was calculated by S&P Global (Created on May 13, 2026).
2026-05-13
Toray Industries, Inc., Annual General Meeting, Jun 24, 2026, at 10:00 Tokyo Standard Time. Location: Tokyo International Forum (Hall C), 5-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo Japan Agenda: To consider the business report and consolidated financial statements for the 145th fiscal year from April 1, 2025 to March 31, 2026, and reports of the independent auditor and the board of corporate auditors on the relevant consolidated financial statements; to consider the report on the non-consolidated financial statements for the 145th fiscal year from April 1, 2025 to March 31, 2026; to consider the appropriation of surplus; and to consider the election of ten members of the board.
2026-05-12
Toray Industries, Inc., 2026 Earnings Call, May 19, 2026
2026-05-09
Toray Industries, Inc. announced that they will report fiscal year 2026 results on May 13, 2026
2026-04-11
Toray Industries, Inc. increased earning guidance for Financial Year 2028. For the year, the company plan to increase revenue from JPY 2.6 trillion to JPY 3 trillion and Core Operating Income from JPY 150 billion to JPY 230 billion, pursuing both growth and Profitability Improvement.
2026-03-31
Long-Term Management Strategy “TORAY Challenges 2035” and Medium-Term Management Program “IGNITION 2028”
2026-03-15
From January 1, 2026 to March 12, 2026, the company has repurchased 28,073,600 shares, representing 1.89% for ¥33,242.49 million. With this, the company has completed the repurchase of 44,734,100 shares, representing 3% for ¥49,999.93 million under the buyback announced on November 14, 2025.
2026-03-15
The company closed its plan on March 12, 2026.
2026-03-12
Freudenberg SE signed a letter of intent to acquire remaining 25% stake in Japan Vilene Company,Ltd. from Toray Industries, Inc. (TSE:3402) for ¥17.0 billion on November 13, 2025. A cash consideration of ¥17 billion will be paid by Freudenberg SE. As part of consideration, ¥17 billion is paid towards common equity of Japan Vilene Company,Ltd. Before completion, Freudenberg SE owns 75% stake in Japan Vilene Company,Ltd. Upon completion, Freudenberg SE will own 100% stake in Japan Vilene Company,Ltd. Agreement will be signed on December 15, 2025. The expected completion of the transaction is February 1, 2026 to February 28, 2026.
2026-03-09
Toray Industries, Inc’s subsidiary Toray Composite Materials America, Inc. announced the appointment of Teruyuki Sakimon as President and Chief Executive Officer, effective April 1, 2026. He will succeed Dennis Frett, who will retire after a long and distinguished career. Frett worked closely with leadership throughout the succession process to ensure a smooth transition. Sakimon has been with Toray CMA for over 20 years and with Toray Industries' (Toray) advanced composites division for nearly 30 years. As he transitions from his current role as Vice President of Technical, he brings a strong background in technical R&D and business operations. He has played a pivotal role in advancing the organization's mission, spearheading several product innovations for the company's strategic partners and strengthening operational excellence. Frett has been with the company for over 30 years, including 15 years as an executive leader. Under his leadership, Toray CMA achieved significant growth while navigating industry changes and global challenges, positioning it as the premier provider of advanced composite materials. He will continue to support the company's Board of Directors and Executive Committee in an advisory role. This leadership transition marks Toray CMA's renewed commitment to operational excellence, customer partnership, and continued investment in next-generation technologies to support the needs of the aerospace, defense, and industrial markets.
2026-03-06
Immunis, Inc. announced it has entered an exclusive licensing agreement with Toray to develop and commercialize a drug candidate for the treatment of dyskinesia associated with Parkinson’s disease. Immunis will continue its development under the name “IMM02-KORA” or “KORA.” Under the terms of the agreement, Immunis obtained exclusive rights to develop and commercialize “KORA” in the United States, Canada, the European Union, and the European Free Trade Association. Immunis has submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) to initiate a Phase I clinical trial. Published preclinical data show that KORA effectively reduces L-DOPA-induced dyskinesia symptoms in a rat model of Parkinson’s disease, supporting Immunis' clinical development plan.
2026-02-12
Toray Industries, Inc., Q3 2026 Earnings Call, Feb 10, 2026
2026-02-11
Sony Corporation, Mitsubishi Corporation, ADEKA CORPORATION, CHIMEI Corporation, ENEOS Corporation, Formosa Chemicals & Fibre Corporation, Hanwha Impact Corporation, Idemitsu Kosan Co., Ltd., Mitsui Chemicals, Inc., Neste Corporation, Qingdao Haier New Material Development Co., Ltd., SK Geo Centric Co., Ltd., Toray Industries, Inc., and Toray Advanced Materials Korea Inc. have jointly established the world's first global supply chain consisting of fourteen companies across five countries and regions for the production of renewable plastics that can be used in Sony's high-performance audio-visual products. The various plastic materials manufactured through this supply chain are slated for use in Sony's products that will be launched worldwide.High-performance products such as audio-visual equipment involve a wide variety of plastics, resulting in a complex supply chain that makes it difficult to visualize and manage the entire flow from raw materials. Additionally, plastic components that require high performance in terms of flame resistance and optical properties cannot be fully replaced with plastics produced through material recycling*3, hindering the further reduction of virgin fossil-based plastics in such products.To address these challenges, the fourteen companies collaborated to visualize the existing supply chain for Sony's products, and created a new supply chain that enables the production of multiple types of renewable plastics from biomass resources with a mass balance approach*4. This allows Sony to proactively source raw materials for its products with the quality and properties equivalent to virgin fossil-based plastics. Defining the supply chain helps the companies track and document GHG (Greenhouse Gas) emissions data over the supply chain in a verifiable way, allowing participating companies to leverage the data to advance efforts to reduce their carbon footprint going forward. This initiative involving wide-ranging partners is part of the "Creating NEW from reNEWable materials' project, jointly launched by Sony, which aims to achieve zero usage of virgin fossil-based plastics through the introduction of renewable plastics, and Mitsubishi Corporation.
2026-02-11
Toray Industries, Inc. announced that its Board of Directors resolved to change the Company’s representative members of the board at the Board of Directors Meeting held on February 10, 2026. Tetsuya Tsunekawa was appointed as Representative Member of the Board Executive Vice President, effective April 1, 2026. Tetsuya Tsunekawa was born on March 28, 1960. His career includes: April 1984 Joined the Company; January 2004 General Manager, Films & Film Products Research Laboratories; November 2009 General Manager, Advanced Film Technical Dept., Films & Film Products Research Laboratories; June 2012 General Manager, Tsuchiura Plant; June 2014 Vice President (Member of the Board); June 2016 Senior Vice President (Member of the Board); June 2020 Retired from Senior Vice President (Member of the Board) Senior Vice President; June 2022 Senior Vice President; June 2023 Senior Vice President and Member of the Board; April 2025 Executive Vice President and Member of the Board (incumbent). Akihiro Nikkaku was redesignated from Chairman and Representative Member of the Board to Chairman of the Board, effective April 1, 2026. Kazuhiko Shuto was redesignated from Representative Member of the Board Executive Vice President to Member of the Board Executive Advisor, effective April 1, 2026.
2026-02-11
Toray Industries, Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2026. For the full year, the company now expects revenue of ¥2,600,000 million against previous forecast of ¥2,630,000 million. Core operating income of ¥150,000 million, unchanged from previous forecast. Profit attributable to owners of parent of ¥82,000 million, unchanged from previous forecast. Basic earnings per share of ¥54.43 against previous forecast of ¥54.16.
2026-02-11
Toray Industries, Inc. reported earnings results for the nine months ended December 31, 2025. For the nine months, the company reported sales was JPY 1,919,493 million compared to JPY 1,923,897 million a year ago. Net income was JPY 40,164 million compared to JPY 75,177 million a year ago. Basic earnings per share from continuing operations was JPY 26.53 compared to JPY 47 a year ago. Diluted earnings per share from continuing operations was JPY 26.49 compared to JPY 46.92 a year ago.
2026-02-10
Toray Industries, Inc., Board Meeting, Feb 10, 2026. Agenda: To change the Company's representative members of the board.
2026-01-06
From November 14, 2025 to December 31, 2025, the company has repurchased 16,660,500 shares, representing 1.11% for ¥16,757.43 million. With this, the company has completed the repurchase of 16,660,500 shares, representing 1.11% for ¥16,757.43 million under the buyback announced on November 14, 2025.
2026-01-06
Toray Industries, Inc. expected to report Fiscal Year 2026 results on May 12, 2026. This event was calculated by S&P Global (Created on February 9, 2026).
2026-01-06
Toray Industries, Inc. announced that they will report Q3, 2026 results on Feb 10, 2026
2025-11-16
Toray Industries, Inc., ¥ 10.0, Cash Dividend, Mar-30-2026
2025-11-16
Toray Industries, Inc. Presents at SEMICON EUROPA 2025, Nov-18-2025 . Venue: Messe München, Munich, Germany.
2025-11-15
Toray Industries, Inc. revised earnings guidance for the fiscal year ending March 31, 2026, against previous forecasts announced on May 14, 2025. For the full year, the company now expects revenue of JPY 2,630,000 million against previous forecast of JPY 2,670,000 million. Core operating income of JPY 150,000 million, unchanged from previous forecast. Profit attributable to owners of parent of JPY 82,000 million, unchanged from previous forecast. Basic earnings per share of JPY 54.16 against previous forecast of JPY 52.44.
2025-11-15
Toray Industries, Inc. announced dividend of JPY 10.00 per share for the second quarter end year ending March 31, 2026 compared to JPY 9.00 per share. Payable on December 2, 2025.
2025-11-14
Toray Industries, Inc. (TSE:3402) announces a share repurchase program. Under the program, the company will repurchase up to 63,000,000 shares, representing 4.2% of its issued share capital (excluding treasury stock) for ¥50,000 million. The share repurchase program is pursuant to to a policy to accelerate the improvement of capital efficiency by reducing cross-shareholdings by half over three years from FY2024 to FY2026. The repurchased shares will be cancelled. The program will be valid till May 31, 2026. As of October 31, 2025, there are 1,501,692,741 outstanding shares (excluding treasury stock) and 129,788,662 treasury shares.
2025-11-14
The Board of Directors of Toray Industries, Inc. has authorized a buyback plan on November 14, 2025.
2025-11-14
Toray Industries, Inc. expected to report Q3 2026 results on February 6, 2026. This event was calculated by S&P Global (Created on November 14, 2025).
2025-11-14
Toray Industries, Inc., Board Meeting, Nov 14, 2025. Agenda: To consider and approve the additional share buybacks; and to consider any other matters.
2025-10-24
Toray Industries, Inc., Q2 2026 Earnings Call, Nov 14, 2025
2025-10-14
From October 1, 2025 to October 10, 2025, the company has repurchased 3,056,500 shares, representing 0.2% for ¥2,912.91 million. With this, the company has completed the repurchase of 102,615,700 shares, representing 6.56% for ¥99,999.99 million under the buyback announced on November 7, 2024.
2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 | 2024Q2 | 2024Q1 | 2023Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenues | 2,668,215 | 2,585,077 | 2,558,876 | 2,503,482 | 2,521,383 | 2,563,280 | 2,559,085 | 2,559,328 | 2,524,265 | 2,464,596 | 2,416,938 |
Pretax Income Excl.Unusual Items | 128,430 | 152,291 | 94,664 | 108,050 | 114,083 | 114,288 | 134,069 | 131,504 | 119,420 | 102,724 | 62,779 |
Total Assets | 3,492,091 | 3,476,976 | 3,515,106 | 3,350,991 | 3,299,073 | 3,292,597 | 3,505,056 | 3,365,866 | 3,596,022 | 3,466,518 | 3,388,380 |
Total Liabilities | 1,544,154 | 1,549,140 | 1,630,502 | 1,517,340 | 1,509,614 | 1,472,025 | 1,591,193 | 1,527,564 | 1,650,442 | 1,620,156 | 1,625,614 |
Cash & Cash Equivalents | 259,626 | 265,295 | 245,556 | 214,600 | 228,608 | 237,295 | 239,375 | 220,698 | 247,967 | 235,887 | 229,392 |
Total Common Equity | 1,817,139 | 1,800,058 | 1,761,974 | 1,716,549 | 1,674,462 | 1,708,984 | 1,799,683 | 1,726,781 | 1,831,554 | 1,736,034 | 1,655,893 |
Book Value Per Share (BVPS) | 1,247.47 | 1,236.19 | 1,187.15 | 1,141.38 | 1,095 | 1,073.37 | 1,134.62 | 1,077.77 | 1,143.16 | 1,083.91 | 1,033.87 |
Net Change in Cash | 35,321 | 28,000 | 6,181 | -6,098 | -19,359 | 1,408 | 9,983 | 8,108 | 31,424 | 11,892 | 14,781 |
Capital Expenditure | -129,017 | -146,501 | -162,272 | -183,679 | -189,954 | -179,248 | -173,885 | -152,219 | -146,656 | -134,130 | -126,744 |
As of August 06, 2026, Toray Industries published financial results for the second quarter of 2026, with revenues of 678.97B yen and net income of 31.26B yen, reflecting a 14% uptick in revenue, in addition to a substantial 92.5% rise in EPS compared to the corresponding quarter of the previous year.
In addition, the EBITDA margin rose sharply from 9.98% in the corresponding quarter last year to 11.99%. It often signifies that the company has raised prices or implemented optimization methods in its activity sectors, leading to an increase in EBITDA margins and, as a result, should support the stock's performance in the future. It is also noteworthy that the free cash flow for the quarter was 21.39B yen, an increase of 21.76B yen over the same time last year. Following the improvement in cash flow, the company's management returned an impressive amount of 14.14B yen which was paid as a dividend. It is important to note that the stock's dividend yield stands at approximately 1.9%, and it trades at 19.6x times current year's earnings, which is higher than the sector average (P/E 10.8x).