
Toray Industries, Inc.
3402.TJPXIndustrialsManufacturing - Textiles
Latest quote
¥1,294.5
−¥4.00 · -0.31%
3402.T company overview
Regular session · JST · Market data may be delayed.
Company profile
Company websiteHeadquartered in Tokyo, Japan, Toray Industries, Inc. is a global conglomerate, established in 1926, that develops, manufactures, and distributes a comprehensive range of advanced materials and innovative products. Through its worldwide network of subsidiaries, the company's extensive operations encompass several key divisions. It produces a wide variety of fibers and textiles, including filament and staple yarns, spun yarns, and woven and knitted fabrics made from materials like nylon, polyester, and acrylics, alongside non-woven textiles and apparel. Its performance chemicals segment delivers specialized resins (such as ABS, PBT, and PPS), molded plastic goods, polyolefin foams, diverse films, raw materials for synthetics, fine chemicals, and electronic and graphic materials. Toray is also a prominent supplier of carbon fibers and their composite materials. Beyond material science, the firm provides environmental and engineering solutions, including water treatment systems, industrial machinery, IT-related equipment, and construction materials. Additionally, it operates in the life sciences sector, offering pharmaceuticals and medical devices, and provides analytical and research services. Originally founded as Toyo Rayon Co., Ltd., the company rebranded to Toray Industries, Inc. in 1970, serving customers across Japan, China, North America, Europe, and numerous other international markets.
- Industry
- Manufacturing - Textiles
- Sector
- Industrials
- Headquarters
- JP
- CEO
- Mitsuo Ohya
- Listed since
- May 16, 1949
- Employees
- 46,294
Market position
Day range
Current ¥1,294.5
52-week range
Current ¥1,294.5
- Open
- ¥1,291
- Previous close
- ¥1,298.5
- Volume
- 2.97M
- 0.59× average
- Average volume
- 5.02M
- Average daily volume
- Market cap
- 1.88T JPY
- Beta
- 0.46
- Market reference 1
- 50-day average
- ¥1,196.05
- +8.23% above average
- 200-day average
- ¥1,133.21
- +14.23% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 2.29T JPY
- P/E (TTM)
- 20.5×
- P/B (TTM)
- 1.04×
- P/S (TTM)
- 0.71×
- EV / EBITDA
- 8.85×
- Earnings yield
- 4.81%
- Free cash flow yield
- 3.95%
- Dividend yield
- 1.54%
Profitability & efficiency
- Gross margin
- 20.48%
- Operating margin
- 5.86%
- Net margin
- 3.51%
- Return on equity
- 4.42%
- Return on assets
- 2.29%
- Return on invested capital
- 3.83%
Financial health
- Debt / equity
- 0.5×
- Current ratio
- 1.78×
- Altman Z-score
- 2.35
- Piotroski F-score
- 8 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (JPY) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 2.59T JPY | 2.56T JPY | 2.46T JPY | 2.49T JPY | 2.23T JPY |
| Cost of goods sold | 2.07T JPY | 2.06T JPY | 2.02T JPY | 2.07T JPY | 1.79T JPY |
| Gross profit | 520.05B JPY | 505.9B JPY | 443.52B JPY | 420.84B JPY | 435.97B JPY |
| Research and development | — | 72.88B JPY | 69.49B JPY | 68.19B JPY | 61.99B JPY |
| Selling, general, and administrative | 381.36B JPY | 366.11B JPY | 346.34B JPY | 330.91B JPY | 305.76B JPY |
| Operating expenses | 381.36B JPY | 366.11B JPY | 346.34B JPY | 330.91B JPY | 305.76B JPY |
| Interest income | 8.59B JPY | 5.11B JPY | 5.72B JPY | 3.5B JPY | 1.52B JPY |
| Interest expense | 19.74B JPY | 18.3B JPY | 18B JPY | 11.81B JPY | 6.25B JPY |
| Depreciation and amortization | 131.62B JPY | 129.1B JPY | 129.19B JPY | 126.38B JPY | 120.37B JPY |
| Operating income | 138.69B JPY | 139.79B JPY | 97.18B JPY | 89.93B JPY | 130.21B JPY |
| Net income | 79.52B JPY | 77.91B JPY | 21.9B JPY | 72.82B JPY | 84.24B JPY |
Company facts updated Aug 24, 2026.
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
¥19.00
2025 complete year+52.0% since 2021
2026 partial: ¥10.00
¥12.50
2,021
¥17.00
2,022
¥18.00
2,023
¥18.00
2,024
¥19.00
2,025
¥10.00
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 29, 2026 | ¥13.00Special | Sep 30, 2026 | Sep 29, 2026 |
DividendUpcoming | Mar 30, 2027 | ¥13.00Annual | Mar 31, 2027 | Mar 30, 2027 |
Dividend | Mar 30, 2026 | ¥10.00Semi-Annual | Mar 31, 2026 | Jun 25, 2026 |
Dividend | Sep 29, 2025 | ¥10.00Semi-Annual | Sep 30, 2025 | Dec 2, 2025 |
Dividend | Mar 28, 2025 | ¥9.00Semi-Annual | Mar 31, 2025 | Jun 27, 2025 |
Dividend | Sep 27, 2024 | ¥9.00Semi-Annual | Sep 30, 2024 | Dec 2, 2024 |
Ex-dividend Sep 29, 2026
¥13.00
Special
Record Sep 30, 2026 · Payment Sep 29, 2026
Ex-dividend Mar 30, 2027
¥13.00
Annual
Record Mar 31, 2027 · Payment Mar 30, 2027
Ex-dividend Mar 30, 2026
¥10.00
Semi-Annual
Record Mar 31, 2026 · Payment Jun 25, 2026
Ex-dividend Sep 29, 2025
¥10.00
Semi-Annual
Record Sep 30, 2025 · Payment Dec 2, 2025
Ex-dividend Mar 28, 2025
¥9.00
Semi-Annual
Record Mar 31, 2025 · Payment Jun 27, 2025
Ex-dividend Sep 27, 2024
¥9.00
Semi-Annual
Record Sep 30, 2024 · Payment Dec 2, 2024
3402.T peers
ETFs holding 3402.T
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core TOPIX ETF1475.T4.47B0.15%2.89T JPY0.05%¥417.7-0.07%
iShares Core Nikkei 225 ETF1329.T1.39B0.07%2.12T JPY0.05%¥6,789-0.77%
iShares JPX-Nikkei 400 ETF1364.T1.31B0.22%592.34B JPY0.05%¥3,7610.00%
Vanguard Total International Stock ETFVXUS148.79M0.02%646.2B USD0.05%$87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA98.74M0.03%315B USD0.03%$73.42+0.80%
iShares Core MSCI EAFE ETFIEFA79.99M0.04%195.14B USD0.07%$100.85+0.86%
iShares MSCI Japan ETFEWJ44.92M0.20%22.49B USD0.49%$95.18+0.97%
JPMorgan BetaBuilders Japan ETFBBJP38.88M0.21%18.96B USD0.19%$76.87+0.97%
iShares Core TOPIX ETF1475.T- Market value
- 4.47B
- Weight
- 0.15%
- AUM
- 2.89T JPY
- Expense ratio
- 0.05%
- Price / 1D
- ¥417.7-0.07%
iShares Core Nikkei 225 ETF1329.T- Market value
- 1.39B
- Weight
- 0.07%
- AUM
- 2.12T JPY
- Expense ratio
- 0.05%
- Price / 1D
- ¥6,789-0.77%
iShares JPX-Nikkei 400 ETF1364.T- Market value
- 1.31B
- Weight
- 0.22%
- AUM
- 592.34B JPY
- Expense ratio
- 0.05%
- Price / 1D
- ¥3,7610.00%
Vanguard Total International Stock ETFVXUS- Market value
- 148.79M
- Weight
- 0.02%
- AUM
- 646.2B USD
- Expense ratio
- 0.05%
- Price / 1D
- $87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA- Market value
- 98.74M
- Weight
- 0.03%
- AUM
- 315B USD
- Expense ratio
- 0.03%
- Price / 1D
- $73.42+0.80%
iShares Core MSCI EAFE ETFIEFA- Market value
- 79.99M
- Weight
- 0.04%
- AUM
- 195.14B USD
- Expense ratio
- 0.07%
- Price / 1D
- $100.85+0.86%
iShares MSCI Japan ETFEWJ- Market value
- 44.92M
- Weight
- 0.20%
- AUM
- 22.49B USD
- Expense ratio
- 0.49%
- Price / 1D
- $95.18+0.97%
JPMorgan BetaBuilders Japan ETFBBJP- Market value
- 38.88M
- Weight
- 0.21%
- AUM
- 18.96B USD
- Expense ratio
- 0.19%
- Price / 1D
- $76.87+0.97%
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