OverviewSuggest Edit

Toray Industries is an integrated chemical industry group specializing in advanced materials for aerospace, automotive, industrial, and other applications. It is engaged in the manufacturing, processing, and sales of fibers and textiles, performance chemicals, carbon fiber composite materials, environment, engineering, and life science products. The company provides engineering, condominiums, industrial equipment and machinery, information-related equipment, water treatment membranes and related equipment, materials for housing, building, and civil engineering applications, as well as analysis, physical evaluation, research, and other services.

TypePublic
Founded1926
HQTokyo, JP
Websitetoray.com
Employee Ratings3.7
Overall CultureA+

Latest Updates

Employees (est.) (Mar 2020)48,031
Job Openings1
Revenue (FY, 2019)¥2.2 T(-7%)
Share Price (Sept 2021)¥745.9(-1%)
Cybersecurity ratingBMore

Key People/Management at Toray Industries

Akihiro Nikkaku

Akihiro Nikkaku

President, Chief Executive Officer, Chief Operating Officer
Koichi Abe

Koichi Abe

Executive Vice President
Hiroshi Otani

Hiroshi Otani

Senior Vice President
Satoru Hagiwara

Satoru Hagiwara

Senior Vice President
Kazuyuki Adachi

Kazuyuki Adachi

Senior Vice President
Minoru Yoshinaga

Minoru Yoshinaga

Senior Vice President
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Toray Industries Office Locations

Toray Industries has offices in Tokyo, Fukui, Fukuoka, Hiroshima and in 16 other locations
Tokyo, JP (HQ)
Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku
Fukui, JP
2nd Fl., Meiji Yasuda Seimei Fukui Bldg., 7-15, Ote 2-chome
Fukuoka, JP
2nd Fl., Ohori JOY Bldg., 1-3, Arato 1-chome, Chuo-ku
Hiroshima, JP
14Fl., Hiroshima Train Vert Build., 2-22, Kamiya-cho, 1-chome, Naka-ku
Nagoya, JP
14th Fl., Nagoya Mitsui New Bldg., 1-24-20 Meiekiminami, Nakamura-ku
Osaka, JP
Nakanoshima Mitsui Bldg., 3-3, Nakanoshima 3-chome, Kita-ku
Show all (20)

Toray Industries Financials and Metrics

Toray Industries Revenue

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Toray Industries's revenue was reported to be ¥2.21 t in FY, 2019 which is a 7.3% decrease from the previous period.
JPY

Revenue (H1, 2020)

856.1b

Gross profit (H1, 2020)

173.2b

Gross profit margin (H1, 2020), %

20.2%

Net income (H1, 2020)

3.8b

EBIT (H1, 2020)

5.5b

Market capitalization (9-Sept-2021)

1.2t

Closing stock price (9-Sept-2021)

745.9

Cash (30-Sept-2020)

231.5b

EV

2.0t
Toray Industries's current market capitalization is ¥1.2 t.
Annual
JPYFY, 2017FY, 2018FY, 2019

Revenue

2.2t2.4t2.2t

Revenue growth, %

9%8%(7%)

Cost of goods sold

1.7t1.9t1.8t

Gross profit

456.8b453.4b438.4b
Half Year
JPYH1, 2018H1, 2019H1, 2020

Revenue

1.2t1.1t856.1b

Cost of goods sold

957.8b898.2b682.9b

Gross profit

233.4b224.2b173.2b

Gross profit Margin, %

20%20%20%
Annual
JPYFY, 2017FY, 2018FY, 2019

Cash

108.4b140.7b142.5b

Accounts Receivable

489.5b531.1b483.8b

Inventories

439.7b419.5b393.7b

Current Assets

1.2t1.2t1.1t
Half Year
JPYH1, 2018H1, 2019H1, 2020

Cash

158.7b142.0b231.5b

Accounts Receivable

544.0b498.7b449.7b

Inventories

459.8b412.7b406.0b

Current Assets

1.2t1.1t1.1t
Annual
JPYFY, 2017FY, 2018FY, 2019

Net Income

103.2b87.8b64.9b

Depreciation and Amortization

95.8b101.7b107.4b

Inventories

(31.5b)28.4b18.1b

Accounts Payable

11.6b(11.8b)(23.6b)
Half Year
JPYH1, 2018H1, 2019H1, 2020

Net Income

52.9b49.9b3.8b

Depreciation and Amortization

53.9b58.7b57.3b

Inventories

(5.8b)(2.3b)(174.0m)

Accounts Payable

(314.0m)(13.7b)(40.3b)
JPYFY, 2018

Revenue/Employee

48.2m

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.2 x
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Toray Industries Operating Metrics

FY, 2017FY, 2018FY, 2019

Patents (Domestic)

5785.75 k6.36 k

Patents (Foreign)

1.87 k11.41 k13.49 k

Patent Applications (Domestic)

1.54 k1.62 k1.64 k

Patent Applications (Foreign)

3.85 k4.04 k6.36 k
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Toray Industries Acquisitions / Subsidiaries

Company NameDateDeal Size
TenCate Advanced CompositesMarch 14, 2018£823.8 m
BONACDecember 29, 2015
Spectral MedicalJuly 25, 2014
Zoltek CorporationSeptember 26, 2013
Alien TechnologyAugust 22, 2000
Alcantara S.p.A.
Carbon Magic (Thailand) Co., Ltd.
Chori Co., Ltd.
Composite Materials (Italy) S.r.l.
Delta-Tech S.p.A.
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Toray Industries Revenue Breakdown

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Toray Industries revenue breakdown by business segment: 11.4% from Environment & Engineering, 39.9% from Fibers & Textiles, 34.8% from Performance Chemicals, 10.7% from Carbon Fiber Composite Materials and 3.2% from Other

Toray Industries revenue breakdown by geographic segment: 17.7% from China, 43.4% from Japan, 19.7% from North America, Europe and Other Areas and 19.2% from Other Asia

Human Capital Metrics

Toray Industries's employees are reported to be approximately 28% female and 72% male.
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Toray Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Toray Industries Online and Social Media Presence

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Toray Industries Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    87/100

  • Compensation

    A+

    89/100

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Toray Industries News and Updates

Global Medical Composites Markets to 2025 Featuring 3M, Toray Industries, CeramTec, Dentsply Sirona, Royal DSM, & SGL Carbon

DUBLIN, May 25, 2021 /PRNewswire/ -- The "Medical Composites Market by Fiber Type(Carbon and Ceramic), Application (Diagnostic Imaging, Composite Body Implants, Surgical Instruments, and Dental), and Region (Europe, North America, APAC, Latin America, and MEA) - Global Forecast to 2025"...

Toray introduces VOC free Waterless Offset EB Printing Solution for Sustainable Flexible Packaging

The Green Packaging showroom is an event organized by leading companies of flexible packaging industry to present technology advantages of the solvent-less Electron Beam printing in a wide range of applications for sustainable and recyclable flexible packaging. On the 2nd of March, during four ho…

Toray Announces Consolidated Results for the Nine Months Ended December 31, 2020

Toray Industries, Inc. (“Toray”) today announced its consolidated business results for the nine months ended December 31, 2020 of the fiscal year ending March 31, 2021 (FY2020). The following summary of the business results that Toray submitted to the Tokyo Stock Exchange is unaudited and for re…

Toray’s Eco Textile Offers Hand Of Traditional Japanese Paper

Toray Industries has launched a new poly filament fabric called Camifu that “combines the softness, smoothness and comfort of synthetic fibers with the natural feel and random unevenness of traditional Japanese paper,” said the brand. Camfu can be used for various apparel applications for men’s a…

Toray Sets Up Production Line for Breath-O Correct™ Orthokeratology Lens

Toray Industries, Inc., has set up a dedicated production line at its Shiga Plant for Breath-O Correct (medical device approval number in Japan: 22400BZX00094000), an Orthokeratology (corneal correction therapy) lens manufactured by Universal View Co., Ltd., and distributed by SEED Co., Ltd.

Toray Industries Presents Scaling from 200 to 20,000 eVTOLS per Year at the 8th Annual Electric Vertical Takeoff and Landing (eVTOL) Symposium

Toray Industries, Inc. , a leader in the manufacture of advanced, high-performance materials for aerospace and automotive applications, including urban and advanced air mobility (UAM/AAM), will present “Scaling from 200 to 20,000 eVTOLs per Year” at the Vertical Flight Society's 8th Annual Electric …
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Toray Industries Frequently Asked Questions

  • When was Toray Industries founded?

    Toray Industries was founded in 1926.

  • Who are Toray Industries key executives?

    Toray Industries's key executives are Akihiro Nikkaku, Koichi Abe and Hiroshi Otani.

  • How many employees does Toray Industries have?

    Toray Industries has 48,031 employees.

  • What is Toray Industries revenue?

    Latest Toray Industries annual revenue is ¥2.2 t.

  • What is Toray Industries revenue per employee?

    Latest Toray Industries revenue per employee is ¥46.1 m.

  • Who are Toray Industries competitors?

    Competitors of Toray Industries include Mitsubishi Chemical, SGL Carbon and Sumitomo Chemical.

  • Where is Toray Industries headquarters?

    Toray Industries headquarters is located at Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo.

  • Where are Toray Industries offices?

    Toray Industries has offices in Tokyo, Fukui, Fukuoka, Hiroshima and in 16 other locations.

  • How many offices does Toray Industries have?

    Toray Industries has 20 offices.