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Process Industries

Toray Industries, Inc.

  • 815.00 JPY
  • -6.20
  • -0.75%
  • Japan
    Oct 19, 2018
  • Ticker
    TKS(3402)
  • Prev. close
    821.2
  • Market cap (JPY)
    1,339.77B
  • Market cap (USD)
    11,909.60M
  • 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 2018 JPYUSD
Revenue2,204.85B19,893.61M
Gross Profit451,220M4,071.19M
Operating income156,464M1,411.71M
Income before tax136,612M1,232.59M
Net income95,915M865.40M
EBITDA261,144M2,356.20M
Diluted EPS59.900.54
Dividends Per Share150.13
Total Assets2,592.91B24,380.94M
Total liabilities1,426.81B13,416.18M
Total equity1,092.02B10,268.25M
Operating cash flow129,180M1,165.54M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 1,837.77B 2,010.73B 2,104.43B 2,026.47B 2,204.85B
Gross Profit 347,611M 394,585M 436,403M 424,727M 451,220M
Operating income 105,253M 123,481M 154,480M 146,893M 156,464M
Income before tax 97,760M 114,469M 137,808M 139,012M 136,612M
Net income 59,608M 71,021M 90,132M 99,418M 95,915M
EBITDA 187,532M 212,547M 254,685M 244,446M 261,144M
Diluted EPS 35.70 44.28 56.31 62.10 59.90
Dividends Per Share 10 11 13 14 15
Total Assets 2,119.68B 2,357.92B 2,278.38B 2,396.78B 2,592.91B
Total liabilities 1,175.05B 1,277.16B 1,253.47B 1,296.60B 1,426.81B
Total equity 859,992M 986,875M 946,749M 1,022.47B 1,092.02B
Operating cash flow 161,455M 141,282M 196,142M 173,958M 129,180M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 18,346.31M 18,303.27M 17,524.60M 18,713.79M 19,893.61M
Gross Profit 3,470.15M 3,591.82M 3,634.13M 3,922.21M 4,071.19M
Operating income 1,050.72M 1,124.02M 1,286.42M 1,356.50M 1,411.71M
Income before tax 975.92M 1,041.98M 1,147.59M 1,283.73M 1,232.59M
Net income 595.05M 646.48M 750.57M 918.09M 865.40M
EBITDA 1,872.10M 1,934.76M 2,120.88M 2,257.37M 2,356.20M
Diluted EPS 0.35 0.40 0.46 0.57 0.54
Dividends Per Share 0.09 0.10 0.10 0.12 0.13
Total Assets 20,582.44M 19,661.66M 20,271.23M 21,509.33M 24,380.94M
Total liabilities 11,409.99M 10,649.72M 11,152.42M 11,636.08M 13,416.18M
Total equity 8,350.65M 8,229.10M 8,423.40M 9,175.95M 10,268.25M
Operating cash flow 1,611.78M 1,286.05M 1,633.36M 1,606.44M 1,165.54M

Valuation Measures

Mar 2018
PER16.78
ROA3.84%
ROE9.07%
Operating margin7.09%
Profit margin4.35%

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. (6.5%)
  • Nomura Asset Management Co., Ltd. (3.0%)
  • BlackRock Fund Advisors (2.7%)
  • The Vanguard Group, Inc. (2.3%)
  • Nikko Asset Management Co., Ltd. (2.0%)
  • Toray Industries, Inc. (1.9%)
  • Sumitomo Mitsui Financial Group, Inc. (1.7%)
  • BlackRock Japan Co., Ltd. (1.7%)
  • Daiwa Asset Management Co. Ltd. (1.1%)
  • Mitsui Fudosan Co., Ltd. (1.1%)

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 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.
  • Toray Ace Co., Ltd.
  • Toray Fibers (Nantong) Co. Ltd.

Competitors

  • DowDuPont Inc.
  • Royal DSM NV
  • Celanese Corporation
  • Kolon Industries, Inc.
  • Indorama Ventures Public Co. Ltd.
  • UFlex Limited
  • Polyplex (Thailand) Public Co. Ltd.
  • Jindal Poly Films Limited
  • Wah Hong Industrial Corp.
  • Avgol Industries 1953 Ltd
  • HMT (Xiamen) New Technical Materials Co Ltd Class A
  • Tredegar Corporation
  • Eastman Kodak Company
  • Fuwei Films (Holdings) Co., Ltd.
  • Jiangsu Yuxing Film Technology Co., Ltd. Class A
  • Suominen Yhtymae Oyj
  • TAIFLEX Scientific Co., Ltd.
  • SKC KOLON PI INC
  • Trinseo SA
  • Nephros, Inc.
  • CytoSorbents Corporation
  • Fresenius Medical Care AG & Co. KGaA
  • Viavi Solutions Inc.
  • BE Semiconductor Industries N.V.
  • Camtek Ltd
  • Cara Therapeutics Inc
  • Electrovaya Inc.
  • Kulicke & Soffa Industries, Inc.
  • Prior-Tech Ltd.
  • U.I. Display Co., Ltd.
Last Updated on 19 Oct, 2018

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