Process Industries
Toray Industries, Inc.
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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 2020 | JPY | USD |
| Revenue | 2,214.63B | 20,368.97M |
| Gross Profit | 432,193M | 3,975.07M |
| Operating income | 131,186M | 1,206.57M |
| Income before tax | 94,046M | 864.98M |
| Net income | 55,725M | 512.52M |
| EBITDA | 249,510M | 2,294.85M |
| Diluted EPS | 34.57 | 0.31 |
| Dividends Per Share | 16 | 0.14 |
| Total Assets | 2,650.68B | 24,553.62M |
| Total liabilities | 1,471.11B | 13,627.11M |
| Total equity | 1,095.35B | 10,146.35M |
| Operating cash flow | 225,767M | 2,076.48M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 2,104.43B | 2,026.47B | 2,204.85B | 2,388.84B | 2,214.63B |
| Gross Profit | 436,403M | 424,727M | 451,220M | 448,006M | 432,193M |
| Operating income | 154,480M | 146,893M | 156,464M | 141,469M | 131,186M |
| Income before tax | 137,808M | 139,012M | 136,612M | 127,419M | 94,046M |
| Net income | 90,132M | 99,418M | 95,915M | 79,373M | 55,725M |
| EBITDA | 254,685M | 244,446M | 261,144M | 254,779M | 249,510M |
| Diluted EPS | 56.31 | 62.10 | 59.89 | 49.55 | 34.57 |
| Dividends Per Share | 13 | 14 | 15 | 16 | 16 |
| Total Assets | 2,278.38B | 2,396.78B | 2,575.91B | 2,788.35B | 2,650.68B |
| Total liabilities | 1,253.47B | 1,296.60B | 1,406.72B | 1,574.40B | 1,471.11B |
| Total equity | 946,749M | 1,022.47B | 1,092.02B | 1,132.37B | 1,095.35B |
| Operating cash flow | 196,142M | 173,958M | 129,180M | 176,239M | 225,767M |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 17,524.60M | 18,713.79M | 19,893.61M | 21,541.59M | 20,368.97M |
| Gross Profit | 3,634.13M | 3,922.21M | 4,071.19M | 4,039.92M | 3,975.07M |
| Operating income | 1,286.42M | 1,356.50M | 1,411.71M | 1,275.70M | 1,206.57M |
| Income before tax | 1,147.59M | 1,283.73M | 1,232.59M | 1,149.00M | 864.98M |
| Net income | 750.57M | 918.09M | 865.40M | 715.75M | 512.52M |
| EBITDA | 2,120.88M | 2,257.37M | 2,356.20M | 2,297.48M | 2,294.85M |
| Diluted EPS | 0.46 | 0.57 | 0.54 | 0.44 | 0.31 |
| Dividends Per Share | 0.10 | 0.12 | 0.13 | 0.14 | 0.14 |
| Total Assets | 20,271.23M | 21,509.33M | 24,221.05M | 25,191.77M | 24,553.62M |
| Total liabilities | 11,152.42M | 11,636.08M | 13,227.28M | 14,224.21M | 13,627.11M |
| Total equity | 8,423.40M | 9,175.95M | 10,268.25M | 10,230.57M | 10,146.35M |
| Operating cash flow | 1,633.36M | 1,606.44M | 1,165.54M | 1,589.24M | 2,076.48M |
Valuation Measures
| Mar 2020 | |
| PER | 13.46 |
| ROA | 2.04% |
| ROE | 5.00% |
| Operating margin | 5.92% |
| Profit margin | 2.51% |
Key executives
- President, CEO, COO & Representative Director: Akihiro Nikkaku
- Representative Director, EVP & Technology Manager: Koichi Abe
- Representative Director, EVP & Head-Compliance: Yukichi Deguchi
- Representative Director, EVP & Head-Overall Sales: Mitsuo Oya
- Director & Senior Managing Executive Officer: Kazuyuki Adachi
Shareholders
- Nippon Life Insurance Co. (6.5%)
- Nomura Asset Management Co., Ltd. (4.1%)
- Asset Management One Co., Ltd. (3.5%)
- The Vanguard Group, Inc. (2.6%)
- BlackRock Fund Advisors (2.5%)
- National Mutual Insurance Fed. of Agricultural Cooperatives (1.9%)
- Toray Industries, Inc. (1.8%)
- Nikko Asset Management Co., Ltd. (1.5%)
- Daiwa Asset Management Co. Ltd. (1.5%)
- Sumitomo Mitsui Financial Group, Inc. (1.5%)
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 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
- 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.
- PT Toray Polytech Jakarta
- 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.
- Toray Industries (HK) Ltd.
- Greenerity GmbH
- Toray Membrane Europe AG
- Composite Materials (Italy) SRL
Competitors
- DuPont de Nemours, Inc.
- Solvay SA
- Kolon Industries, Inc.
- HUVIS CORPORATION
- UFlex Limited
- Polyplex (Thailand) Public Co. Ltd.
- Celanese Corporation
- Berry Global Group Inc
- Sinochem International Corporation Class A
- Avgol Industries 1953 Ltd
- Fuwei Films (Holdings) Co., Ltd.
- SGL Carbon SE
- Camtek Ltd
- Chongqing Zaisheng Technology Co Ltd
- Tredegar Corporation
- BE Semiconductor Industries N.V.
- Treet Corporation Limited
- Fresenius Medical Care AG & Co. KGaA
- Creative & Innovative System Corp.
- Ningbo Solartron Technology Co., Ltd. Class A
- TAIFLEX Scientific Co., Ltd.
- Guangzhou Fangbang Electronics Co. Ltd. Class A
- Nephros, Inc.
- Cara Therapeutics Inc
- CytoSorbents Corporation
- Sienna Biopharmaceuticals, Inc.
- Prior-Tech Ltd.
- JMC Electronics Co., Ltd.
- U.I. Display Co., Ltd.
- Viavi Solutions Inc
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Last Updated on 23 Sep, 2020