ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Process Industries

Toray Industries, Inc.

  • 783.00 JPY
  • +6.60
  • +0.85%
  • Japan
    Aug 19, 2019
  • Ticker
    TKS(3402)
  • Prev. close
    776.4
  • Market cap (JPY)
    1,266.68B
  • Market cap (USD)
    11,906.58M
  • Shares
    1,631.48M

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 2019 JPYUSD
Revenue2,388.84B21,541.59M
Gross Profit448,006M4,039.92M
Operating income141,469M1,275.70M
Income before tax127,419M1,149.00M
Net income79,373M715.75M
EBITDA254,779M2,297.48M
Diluted EPS49.550.44
Dividends Per Share160.14
Total Assets2,788.35B25,191.77M
Total liabilities1,574.40B14,224.21M
Total equity1,132.37B10,230.57M
Operating cash flow176,239M1,589.24M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 2,010.73B 2,104.43B 2,026.47B 2,204.85B 2,388.84B
Gross Profit 394,585M 436,403M 424,727M 451,220M 448,006M
Operating income 123,481M 154,480M 146,893M 156,464M 141,469M
Income before tax 114,469M 137,808M 139,012M 136,612M 127,419M
Net income 71,021M 90,132M 99,418M 95,915M 79,373M
EBITDA 212,547M 254,685M 244,446M 261,144M 254,779M
Diluted EPS 44.28 56.31 62.10 59.89 49.55
Dividends Per Share 11 13 14 15 16
Total Assets 2,357.92B 2,278.38B 2,396.78B 2,575.91B 2,788.35B
Total liabilities 1,277.16B 1,253.47B 1,296.60B 1,406.72B 1,574.40B
Total equity 986,875M 946,749M 1,022.47B 1,092.02B 1,132.37B
Operating cash flow 141,282M 196,142M 173,958M 129,180M 176,239M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 18,303.27M 17,524.60M 18,713.79M 19,893.61M 21,541.59M
Gross Profit 3,591.82M 3,634.13M 3,922.21M 4,071.19M 4,039.92M
Operating income 1,124.02M 1,286.42M 1,356.50M 1,411.71M 1,275.70M
Income before tax 1,041.98M 1,147.59M 1,283.73M 1,232.59M 1,149.00M
Net income 646.48M 750.57M 918.09M 865.40M 715.75M
EBITDA 1,934.76M 2,120.88M 2,257.37M 2,356.20M 2,297.48M
Diluted EPS 0.40 0.46 0.57 0.54 0.44
Dividends Per Share 0.10 0.10 0.12 0.13 0.14
Total Assets 19,661.66M 20,271.23M 21,509.33M 24,221.05M 25,191.77M
Total liabilities 10,649.72M 11,152.42M 11,636.08M 13,227.28M 14,224.21M
Total equity 8,229.10M 8,423.40M 9,175.95M 10,268.25M 10,230.57M
Operating cash flow 1,286.05M 1,633.36M 1,606.44M 1,165.54M 1,589.24M

Valuation Measures

Mar 2019
PER14.24
ROA2.95%
ROE7.13%
Operating margin5.92%
Profit margin3.32%

Key executives

  • President, CEO, COO & Representative Director: Akihiro Nikkaku
  • Director, Manager-Finance & Accounting: Yuji Fukuda
  • Managing Director & GM-Research: Tetsuya Tsunekawa
  • Representative Director & Vice President: Yukichi Deguchi
  • Representative Director & Vice President: Ryo Murayama

Shareholders

  • Nippon Life Insurance Co. (6.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.1%)
  • Nomura Asset Management Co., Ltd. (2.8%)
  • BlackRock Fund Advisors (2.5%)
  • The Vanguard Group, Inc. (2.4%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (1.9%)
  • Toray Industries, Inc. (1.8%)
  • Nikko Asset Management Co., Ltd. (1.6%)
  • Sumitomo Mitsui Financial Group, Inc. (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.3%)

Contact Details

  • Website:http://www.toray.co.jp
  • Address: Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi 2-chome, Tokyo, 103-8666, Japan
  • Phone: +81.3.3245.5115

Related Companies

  • 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
  • Toray Plastics (China) Co. Ltd.
  • TenCate Advanced Composites BV
  • Toray International (China) Co. Ltd.

Competitors

  • DuPont de Nemours, Inc.
  • Solvay SA
  • Kolon Corporation
  • Celanese Corporation
  • Kolon Industries, Inc.
  • UFlex Limited
  • Polyplex (Thailand) Public Co. Ltd.
  • Berry Global Group Inc
  • Sinochem International Corporation Class A
  • Wah Hong Industrial Corp.
  • Avgol Industries 1953 Ltd
  • Fuwei Films (Holdings) Co., Ltd.
  • HMT (Xiamen) New Technical Materials Co Ltd Class A
  • Tredegar Corporation
  • Jiangsu Yuxing Film Technology Co., Ltd. Class A
  • TAIFLEX Scientific Co., Ltd.
  • U.I. Display Co., Ltd.
  • Nephros, Inc.
  • CytoSorbents Corporation
  • Sienna Biopharmaceuticals, Inc.
  • Fresenius Medical Care AG & Co. KGaA
  • Viavi Solutions Inc
  • BE Semiconductor Industries N.V.
  • Camtek Ltd
  • Cara Therapeutics Inc
  • Prior-Tech Ltd.
Last Updated on 19 Aug, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media