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Toray Industries ( (JP:3402) ) has shared an update.
Toray Industries reported modest revenue growth of 0.9% to ¥2.59 trillion for the fiscal year ended March 31, 2026, with core operating income essentially flat and operating income down sharply amid weaker profitability. Profit attributable to owners of the parent rose 2.1% to ¥79.5 billion, return on equity held at 4.5%, and the equity ratio remained solid at 51.8%, underscoring a stable but low-return profile.
The group maintained strong cash generation with operating cash flow of ¥211.8 billion and increased year-end cash and cash equivalents to ¥265.3 billion, while moderating financing outflows. Reflecting confidence in its balance sheet, Toray raised its annual dividend to ¥20 per share and plans a further increase to ¥26 in the next fiscal year, alongside forecasts for mid‑single‑digit to high‑single‑digit growth in revenue and double‑digit growth in core operating income and net profit in FY2027.
The most recent analyst rating on (JP:3402) stock is a Buy with a Yen1600.00 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 materials manufacturer listed on the Tokyo Stock Exchange and operating under IFRS. The company focuses on advanced fibers and textiles, performance chemicals, and related high-value materials that serve automotive, electronics, environmental, and industrial markets worldwide.
Average Trading Volume: 5,432,098
Technical Sentiment Signal: Buy
Current Market Cap: Yen1663.8B
Find detailed analytics on 3402 stock on TipRanks’ Stock Analysis page.