Process Industries
Toray Industries, Inc.
In the news
- Uniqlo mask: how customers made it happen Jun 27, 2020
- Teijin boosts carbon fiber output in Germany Jun 27, 2020
- Boeing slump forces Toray to slash US carbon fiber jobs Jun 16, 2020
- As N95 masks run out, Japan turns to handful of domestic suppliers Apr 15, 2020
- Sell-offs pummel corporate Japan's stock portfolios Apr 1, 2020 See more articles on 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 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
- 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%)
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.1%)
- Nomura Asset Management Co., Ltd. (4.0%)
- 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. (1.6%)
- Sumitomo Mitsui Financial Group, Inc. (1.5%)
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 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
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Last Updated on 3 Jul, 2020