Toray Industries, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Mitsuo Ohya
- Full Time Employees
- 46,294
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- Nihonbashi Mitsui Tower Tokyo TY Japan 103-8666
- IPO Date
- Mar 15, 2006
- Website
- toray.co.jp
- Similar Companies
- Business
- Toray Industries, Inc., along with its worldwide affiliates, specializes in the innovation, manufacturing, and distribution of advanced materials across various industries in Japan, North America, Europe, China, and beyond. The company leverages its foundational expertise in organic synthetic chemistry, polymer chemistry, biotechnology, and nanotechnology to drive its diverse portfolio. The Fibers & Textiles segment provides a wide array of products, including filament yarns, staple fibers, and spun yarns made from nylon, polyester, and acrylics, alongside woven and knitted fabrics, non-woven materials, ultra-fine fibers, and finished apparel. These materials serve applications ranging from clothing to industrial uses. Within Performance Chemicals, Toray develops and supplies advanced resins such as nylon, ABS, PBT, and PPS, molded products, polyolefin foams, various films like polyester, polyethylene, and polypropylene, along with specialty processed films, fine chemicals, electronic, and information materials. These are vital for sectors including automotive, telecommunications, and electronics. Notably, its chemically recycled PBT has been incorporated into recent smartphone models. A global leader in carbon fiber, the Carbon Fiber Composite Materials division offers an extensive range of carbon fibers, composite materials, and molded products, extensively utilized in aerospace, automotive, general industrial, and sports applications. Recent collaborations include a partnership with Hyundai Motor Group to develop composite solutions for future mobility, and an initiative to repurpose carbon fiber prepreg waste with Elevated Materials to enhance sustainability. The company is also advancing recycling technologies for carbon fiber reinforced plastics (CFRP). The Environment & Engineering operations focus on critical infrastructure, delivering water treatment membranes and associated equipment, comprehensive engineering services, industrial machinery, IT-related systems, and construction materials for housing and civil engineering. This includes innovative high-durability reverse osmosis (RO) membranes for efficient wastewater reuse. Furthermore, the Life Science segment is dedicated to developing pharmaceuticals and medical devices, recently launching an in vitro diagnostics kit in Japan designed to assist in the early detection of pancreatic cancer. Toray's enduring corporate philosophy centers on contributing to society through the creation of new value with innovative ideas, technologies, and products. The company remains committed to addressing global challenges, outlined in its Sustainability Vision, by focusing on solutions for climate change, sustainable resource management, clean water and air, and improved healthcare worldwide. Founded in 1926 as Toyo Rayon Co., Ltd., the company adopted its current name in 1970 and maintains its headquarters in Tokyo, Japan.
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