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Toray Advances Share Buyback, Repurchasing Over 27 Million Shares to Date

Story Highlights
  • Toray bought 11,010,400 shares in January 2026 for about ¥12.2 billion.
  • Cumulative repurchases now total 27.7 million shares and roughly ¥29.0 billion under the ongoing buyback program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Toray Advances Share Buyback, Repurchasing Over 27 Million Shares to Date

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An update from Toray Industries ( (JP:3402) ) is now available.

Toray Industries has continued executing its share repurchase program, buying back 11,010,400 shares of common stock on the Tokyo Stock Exchange between January 1 and January 31, 2026, for a total outlay of about ¥12.2 billion. This brings the cumulative buyback under the board-approved program, which runs from November 17, 2025, to May 31, 2026 and authorizes up to 63 million shares or ¥50 billion, to 27,670,900 shares for approximately ¥29.0 billion, signaling an ongoing commitment to shareholder returns and capital efficiency while still leaving capacity for further repurchases.

The most recent analyst rating on (JP:3402) stock is a Buy with a Yen1258.00 price target. To see the full list of analyst forecasts on Toray Industries stock, see the JP:3402 Stock Forecast page.

More about Toray Industries

Toray Industries, Inc. is a diversified Japanese manufacturer listed on the Tokyo Stock Exchange Prime Market, best known for advanced materials such as fibers and textiles, plastics and chemicals, and carbon fiber composite materials, which serve automotive, aerospace, electronics, industrial, and consumer markets worldwide.

Average Trading Volume: 5,112,947

Technical Sentiment Signal: Buy

Current Market Cap: Yen1677.8B

Find detailed analytics on 3402 stock on TipRanks’ Stock Analysis page.

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