- CEO
- Mitsuo Ohya
- Full Time Employees
- 48,140
- Sector
- Consumer Cyclical
- Industry
- Apparel - Manufacturers
- Address
- Nihonbashi Mitsui Tower Tokyo Japan 103-8666
- IPO Date
- Apr 21, 2011
- Business
- Toray Industries, Inc. is a Japan-based multinational chemical manufacturer specializing in organic synthetic chemistry, polymer chemistry, and biochemistry, with primary operations in fibers and textiles; performance chemicals; carbon fiber composite materials; environment and engineering; and life science segments. The company produces filament yarns, staple fibers, spun yarns, woven and knitted fabrics of nylon, polyester, acrylic and others; non-woven fabrics; ultra-microfiber non-woven fabric with suede texture; apparel products; nylon, ABS, PBT, PPS and other resins and molded products; polyolefin foam; polyester, polyethylene, polypropylene and other films and processed film products; raw materials for synthetic fibers and other plastics; fine chemicals; electronic and information materials and graphic materials; carbon fibers, carbon fiber composite materials and their molded products; water treatment membranes and related equipment; comprehensive engineering; condominiums; industrial equipment and machinery; materials for housing, building and civil engineering applications; pharmaceuticals; and medical devices. Founded in January 1926 and headquartered in Nihonbashi Mitsui Tower, Tokyo, Toray operates manufacturing and sales facilities across approximately 20 countries and regions, including Japan, Mainland China, Thailand, South Korea, Indonesia, Malaysia, the United States, Mexico, various European nations such as France, Germany and Italy, as well as India and Saudi Arabia, serving diverse markets from apparel and industrial materials to automotive, aerospace, electronics, water treatment and healthcare. Recent developments include a strategic joint development agreement with Hyundai Motor Group in October 2025 to advance next-generation carbon fiber-reinforced plastics for mobility applications, building on their April 2024 cooperation; acquisition of Gordon Plastics' assets to expand thermoplastic composite materials; and a July 2025 loan from JBIC supporting carbon fiber manufacturing and sales overseas, alongside robust financial performance for the nine months ending December 31, 2024, with ongoing cost reductions targeting JPY 10 billion improvement in FY2025.