Process Industries Toray Industries, Inc. Business Summary
Toray Industries, Inc. is an integrated chemical industry group that engages in the manufacture, processing, and sale of various materials for automobiles and aircraft to apparel and information technology-related products. It operates through the following segments: Fibers and Textiles, Functional Chemicals, Carbon Fiber Composite Materials, Environment & Engineering, Life Science, and Others. The Fibers and Textiles segment involves the production and sale of nylon, polyester, acrylic fiber and textile products, and synthetic suede. The Functional Chemicals segment handles the production and sale of nylon and ABS resins, polyester and polypropylene films, and raw materials for synthetic fibers and fine chemicals. The Carbon Fiber Composite Materials segment provides the production and sale of carbon fibers and advanced composite materials. The Environment & Engineering segment involves construction and plant engineering services, including the manufacturing of industrial equipment, machinery, and environmental equipment. The Life Science segment deals with the production and sale of pharmaceutical and medical products. The Others segment includes analysis, survey, research and information processing services. The company was founded on January 12, 1926 and is headquartered in Tokyo, Japan.
Financial Highlights
Mar 2021
JPY USD Revenue 1,883.60B 17,760.19M Gross Profit 377,500M 3,559.39M Operating income 90,519M 853.49M Income before tax 52,754M 497.40M Net income 45,794M 431.78M EBITDA 206,338M 1,945.53M Diluted EPS 28.57 0.26 Dividends Per Share 9 0.08 Total Assets 2,848.83B 25,781.34M Total liabilities 1,526.56B 13,815.05M Total equity 1,237.85B 11,202.27M Operating cash flow 211,591M 1,995.06M Currency in JPY Currency in USD
Historical Data Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
2,026.47B
2,204.85B
2,388.84B
2,091.16B
1,883.60B
Gross Profit
424,727M
451,220M
448,006M
429,287M
377,500M
Operating income
146,893M
156,464M
141,469M
128,636M
90,519M
Income before tax
139,012M
136,612M
127,419M
112,599M
52,754M
Net income
99,418M
95,915M
79,373M
84,230M
45,794M
EBITDA
244,446M
261,144M
254,779M
243,361M
206,338M
Diluted EPS
62.10
59.89
49.55
52.55
28.57
Dividends Per Share
14
15
16
16
9
Total Assets
2,396.78B
2,575.91B
2,788.35B
2,733.52B
2,848.83B
Total liabilities
1,296.60B
1,406.72B
1,574.40B
1,532.67B
1,526.56B
Total equity
1,022.47B
1,092.02B
1,132.37B
1,116.07B
1,237.85B
Operating cash flow
173,958M
129,180M
176,239M
238,262M
211,591M
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
18,713.79M
19,893.61M
21,541.59M
19,233.39M
17,760.19M
Gross Profit
3,922.21M
4,071.19M
4,039.92M
3,948.34M
3,559.39M
Operating income
1,356.50M
1,411.71M
1,275.70M
1,183.12M
853.49M
Income before tax
1,283.73M
1,232.59M
1,149.00M
1,035.62M
497.40M
Net income
918.09M
865.40M
715.75M
774.70M
431.78M
EBITDA
2,257.37M
2,356.20M
2,297.48M
2,238.30M
1,945.53M
Diluted EPS
0.57
0.54
0.44
0.48
0.26
Dividends Per Share
0.12
0.13
0.14
0.14
0.08
Total Assets
21,509.33M
24,221.05M
25,191.77M
25,320.92M
25,781.34M
Total liabilities
11,636.08M
13,227.28M
14,224.21M
14,197.34M
13,815.05M
Total equity
9,175.95M
10,268.25M
10,230.57M
10,338.33M
11,202.27M
Operating cash flow
1,606.44M
1,165.54M
1,589.24M
2,191.40M
1,995.06M
Valuation Measures
Mar 2021
PER 24.89 ROA 1.64% ROE 3.89% Operating margin 4.80% Profit margin 2.43%
Key executives
President, CEO, COO & Representative Director:
Akihiro Nikkaku
Representative Director, EVP & Technology Manager:
Koichi Abe
Representative Director, EVP & Head-Overall Sales:
Mitsuo Oya
Director & Senior Managing Executive Officer:
Kazuyuki Adachi
Director & Senior Managing Executive Officer:
Yasuo Suga Shareholders
Nippon Life Insurance Co. (6.5%)
Nomura Asset Management Co., Ltd. (4.3%)
Asset Management One Co., Ltd. (4.0%)
The Vanguard Group, Inc. (2.3%)
Toray Industries, Inc. (1.8%)
Nikko Asset Management Co., Ltd. (1.6%)
Daiwa Asset Management Co. Ltd. (1.6%)
National Mutual Insurance Fed. of Agricultural Cooperatives (1.6%)
Sumitomo Mitsui Financial Group, Inc. (1.4%)
BlackRock Fund Advisors (1.4%)
Contact Details Website: http://www.toray.co.jp Address:
Nihonbashi Mitsui Tower,
2-1-1 Nihonbashi-Muromachi,
Tokyo,
103-8666,
Japan
Phone:
+81.3.3245.5111
Related Companies
Toray Industries Hungary Kft.
Toray Plastics Precision Co., Ltd.
Toray Medical (Qingdao) Co., Ltd.
Toray Corporate Business Research, Inc.
Toray Industries Europe GmbH
Toray Hybrid Cord, Inc.
Toray Kusumgar Advanced Textile Pvt Ltd.
Toray Textiles (Thailand) Public Company Limited
Toray International India Pvt Ltd.
Toray Composite Materials America, Inc.
Dongli Precision Technology (Suzhou) Co., Ltd.
Lg Chem Ltd. /Jp// Plant /
Toray Opelontex Co., Ltd.
Toray Resins Europe GmbH
Delta-Tech SpA
Toray Industries (South China) Co. Ltd.
Toray Jifa (Qingdao) Textile Co. Ltd.
Toray Fibers & Textiles Research Laboratories (China) Co. Ltd.
Toray International Trading (Hong Kong) Co. Ltd.
Toray Plastics Precision (Thailand) Co. Ltd.
Toray Film Products (Zhongshan) Ltd.
Toray Plastics Precision (Zhongshan) Ltd.
Toray Plastics (Shenzhen) Ltd.
Toray Advanced Materials Research Laboratories (China) Co. Ltd
Toray Film Products (Hong Kong) Ltd.
Toray Plastics (Chengdu) Co. Ltd.
Toray Industries (India) Pvt Ltd.
Toray Advanced Film Kaohsiung Co. Ltd.
Toray do Brasil Ltda.
Toray Sakai Weaving & Dyeing (Nantong) Co., Ltd.
Competitors
DuPont de Nemours, Inc.
Solvay SA
Kolon Industries, Inc.
UFlex Limited
HUVIS CORPORATION
Berry Global Group Inc
Celanese Corporation
Daehan Synthetic Fiber Co., Ltd.
Polyplex (Thailand) Public Co. Ltd.
Polyplex Corporation Limited
Wah Hong Industrial Corp.
Universal Incorporation
SK Chemicals Co., Ltd.
Sinochem International Corporation Class A
Avgol Industries 1953 Ltd
Creative & Innovative System Corp.
Fuwei Films (Holdings) Co., Ltd.
SGL Carbon SE
Camtek Ltd
Fresenius Medical Care AG & Co. KGaA
Ningbo Solartron Technology Co., Ltd. Class A
Guangzhou Fangbang Electronics Co. Ltd. Class A
HMT (Xiamen) New Technical Materials Co Ltd Class A
Cara Therapeutics Inc
Jiangsu Sidike New Materials Science & Technology Co., Ltd. Class A
Nephros, Inc.
CytoSorbents Corporation
Sienna Biopharmaceuticals, Inc.
Avic Aviation High-Technology Co., Ltd. Class A
JMC Electronics Co., Ltd.
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.
Last Updated on 22 Oct, 2021
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapter Find out more
