Toray Industries Finalizes Treasury Shares Disposal for Stock Remuneration

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

Toray Industries has completed the payment procedures for the disposal of 304,950 treasury shares as restricted stock remuneration, a decision made during its Board of Directors meeting in July 2025. This move, involving a total disposal value of approximately 296.99 million yen, is part of the company’s strategy to incentivize its board members, vice presidents, fellows, and directors, potentially impacting its corporate governance and shareholder value.

The most recent analyst rating on (JP:3402) stock is a Hold with a Yen980.00 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 multinational corporation primarily involved in the chemical industry. The company specializes in the production of fibers and textiles, plastics and chemicals, IT-related products, carbon fiber composite materials, environment and engineering, life science, and other businesses. It focuses on innovation and sustainability within these sectors.

YTD Price Performance: -1.68%

Average Trading Volume: 4,679,792

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1562.7B

For a thorough assessment of 3402 stock, go to TipRanks’ Stock Analysis page.