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Toray Industries, Inc. (3402.T)

JPY1,172.00 +17.50 (+1.52%)
JP JPX Industrials Manufacturing - Textiles
Address Nihonbashi Mitsui Tower 103-8666
Tokyo, JP
CEO Mitsuo Ohya
IPO 2000-01-04
ISIN JP3621000003

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Also trades on Other OTC · TRYIF (USD) Other OTC · TRYIY (USD) Tokyo Stock Exchange · 3402.T (JPY)
Description

Headquartered 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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY1,172.00 +17.50 (+1.52%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.45
Float Shares
1.22B
Free Float %
83.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.60% +1.63% +0.43% -6.13% +11.31% +10.30% +23.43% +52.45% +66.40% +22.80% +192.05%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,172.00
DCF (Unlevered) 836.14 -28.7%
DCF (Levered) 890.16 -24.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 64% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 4 0
Hold 3 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
2.23
Grey zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Manufacturing - Textiles: +1.7%
    +0.9% Q1'26: +4.1% (vs Q1'25)
  • EPS growth Manufacturing - Textiles: +17.5%
    +8.3% Q1'26: +1,407.4% (vs Q1'25)
  • FCF margin FCF growth · Manufacturing - Textiles: +74.6%
    +4.8% Q1'26: +15.6% (vs Q1'25)
  • EBIT margin Manufacturing - Textiles: +5.8%
    +5.4% Q1'26: +5.5% (vs Q1'25)
  • ROIC Manufacturing - Textiles: +4.9%
    +4.5% Q1'26: +5.7% (vs Q1'25)
  • Share dilution Manufacturing - Textiles: +0.0%
    -5.7% Q1'26: -4.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Manufacturing - Textiles: 1.32×
    3.35× Q1'26: 3.25× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.81) × ERP
WACC = 68% × Ke + 32% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 836.14 Current price: 1,172.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
11 Rev. Ana.
11 EPS Ana.
Mar 2027
11 Rev. Ana.
11 EPS Ana.
Mar 2028
10 Rev. Ana.
10 EPS Ana.
Mar 2029
2 Rev. Ana.
2 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
2.01T
est: 2.05T (-1.7%)
2.10T
est: 2.15T (-2.0%)
2.03T
est: 2.04T (-0.6%)
2.20T
est: 2.19T (+0.6%)
2.39T
est: 2.38T (+0.2%)
2.09T
est: 2.21T (-5.5%)
1.88T
est: 1.88T (+0.3%)
2.23T
est: 2.22T (+0.5%)
2.49T
est: 2.52T (-1.2%)
2.46T
est: 2.52T (-2.4%)
2.56T
est: 2.59T (-0.9%)
2.59T
2.50T – 2.66T
+0.2% YoY
2.72T
2.60T – 2.81T
+4.9% YoY
2.82T
2.68T – 2.93T
+3.8% YoY
2.96T
2.82T – 3.06T
+4.9% YoY
3.09T
2.94T – 3.19T
+4.3% YoY
EBITDA
212.55B
est: 195.60B (+8.7%)
254.69B
est: 205.38B (+24.0%)
244.45B
est: 194.87B (+25.4%)
261.14B
est: 209.61B (+24.6%)
254.78B
est: 227.87B (+11.8%)
243.36B
est: 211.64B (+15.0%)
206.34B
est: 179.45B (+15.0%)
250.58B
est: 212.01B (+18.2%)
216.30B
est: 240.89B (-10.2%)
226.37B
est: 255.27B (-11.3%)
268.88B
est: 261.55B (+2.8%)
262.04B
253.05B – 269.44B
+0.2% YoY
274.96B
263.06B – 283.80B
+4.9% YoY
285.50B
271.26B – 296.02B
+3.8% YoY
299.35B
285.39B – 309.69B
+4.9% YoY
312.29B
297.73B – 323.08B
+4.3% YoY
EBIT
123.48B
est: 85.50B (+44.4%)
154.48B
est: 89.78B (+72.1%)
146.89B
est: 85.18B (+72.4%)
156.46B
est: 91.62B (+70.8%)
141.47B
est: 99.61B (+42.0%)
128.64B
est: 92.51B (+39.0%)
90.52B
est: 78.44B (+15.4%)
130.21B
est: 92.68B (+40.5%)
89.93B
est: 105.30B (-14.6%)
97.18B
est: 119.44B (-18.6%)
139.79B
est: 122.37B (+14.2%)
122.60B
118.40B – 126.07B
+0.2% YoY
128.65B
123.08B – 132.78B
+4.9% YoY
133.58B
126.92B – 138.50B
+3.8% YoY
140.06B
133.53B – 144.90B
+4.9% YoY
146.12B
139.30B – 151.17B
+4.3% YoY
Net Income
71.02B
est: 77.59B (-8.5%)
90.13B
est: 90.76B (-0.7%)
99.42B
est: 95.31B (+4.3%)
95.92B
est: 99.86B (-4.0%)
79.37B
est: 90.59B (-12.4%)
84.23B
est: 62.36B (+35.1%)
45.79B
est: 40.93B (+11.9%)
84.24B
est: 95.76B (-12.0%)
72.82B
est: 75.26B (-3.2%)
21.90B
est: 34.81B (-37.1%)
77.91B
est: 91.23B (-14.6%)
79.92B
74.31B – 91.36B
-12.4% YoY
103.86B
102.74B – 143.82B
+29.9% YoY
120.42B
115.10B – 164.77B
+15.9% YoY
131.97B
127.78B – 149.00B
+9.6% YoY
141.82B
133.22B – 148.19B
+7.5% YoY
SGA
211.60B
est: 288.83B (-26.7%)
223.14B
est: 303.28B (-26.4%)
218.60B
est: 287.76B (-24.0%)
228.53B
est: 309.52B (-26.2%)
240.18B
est: 336.49B (-28.6%)
233.85B
est: 312.52B (-25.2%)
286.98B
est: 264.99B (+8.3%)
305.76B
est: 313.07B (-2.3%)
330.91B
est: 355.72B (-7.0%)
346.34B
est: 356.35B (-2.8%)
366.11B
est: 365.12B (+0.3%)
365.80B
353.25B – 376.13B
+0.2% YoY
383.84B
367.23B – 396.18B
+4.9% YoY
398.56B
378.68B – 413.24B
+3.8% YoY
417.89B
398.40B – 432.33B
+4.9% YoY
435.96B
415.62B – 451.02B
+4.3% YoY
EPS
44.33
est: 48.64 (-8.9%)
56.38
est: 56.89 (-0.9%)
62.17
est: 59.74 (+4.1%)
59.97
est: 62.60 (-4.2%)
49.61
est: 56.79 (-12.6%)
52.63
est: 39.09 (+34.6%)
28.61
est: 25.66 (+11.5%)
52.63
est: 60.03 (-12.3%)
45.49
est: 47.45 (-4.1%)
13.67
est: 21.73 (-37.1%)
48.93
est: 57.64 (-15.1%)
53.16
46.58 – 57.27
-7.8% YoY
71.79
64.40 – 90.16
+35.1% YoY
82.68
72.15 – 103.29
+15.2% YoY
86.75
80.10 – 93.40
+4.9% YoY
88.90
83.51 – 92.89
+2.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B 3/5 3/5 2/5 3/5 2/5 2/5 4/5
2026-05-11 B 3/5 3/5 2/5 3/5 2/5 2/5 4/5
2026-05-08 B 3/5 3/5 2/5 3/5 2/5 2/5 4/5
2026-05-07 B 3/5 3/5 2/5 3/5 2/5 2/5 4/5
2026-05-01 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-30 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-28 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-27 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-24 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-23 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-22 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-21 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-20 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-17 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5
2026-04-16 B 3/5 3/5 2/5 4/5 1/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
21.89B
OE per share TTM
13.08
Owner's Yield
1.29%
Maintenance CapEx ratio
148.04%
Maint CapEx / Avg PPE
46.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 280 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.88M
Shares Outstanding
1.46B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Mitsuo Ohya President, Chief Executive Officer & Representative Director 132M male
Hiroshi Otani Senior Vice President, GM of Water Treatment & Environment Division male
Katsuyuki Yanai Senior Vice President of Human Resources Division
Kazuhiko Shuto Executive Advisor & Director male
Kazuyuki Adachi Permanent Advisor, Production Headquarters & Director male
Kenichiro Miki Executive Vice President of Marketing & Sales male
Masahiko Okamoto Managing Executive Officer, GM of General Aff, Legal Aff & Risk Mgmt dept, GM of Tokyo off and Director male
Satoru Hagiwara Permanent Advisor, Technical Center & Director male
Shigeki Terada Senior Executive Officer, Head of Corporate Planning Office & Director
Tetsuya Tsunekawa Executive VP & Representative Director male
Hirofumi Kobayashi Senior Vice President of Pharmaceuticals & Medical Products Division male
Yuichiro Kato Senior Executive Officer, Head of Finance & Accounting Division, Controller and Director
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits