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Toray Industries ( (JP:3402) ) just unveiled an announcement.
Toray Industries announced differences in the non-consolidated financial results of its subsidiary, Chori Co., Ltd., for the fiscal years ending March 31, 2025, and March 31, 2024. Despite a slight increase in net sales, there was a decrease in operating profit, while ordinary profit and net profit saw significant increases. The impact of these differences on Toray’s consolidated financial results is considered immaterial.
More about Toray Industries
Toray Industries, Inc. operates in the chemical industry, focusing on advanced materials and technologies. The company is known for its production of fibers, textiles, plastics, chemicals, and carbon fiber composite materials, serving various sectors including automotive, electronics, and life sciences.
YTD Price Performance: -11.14%
Average Trading Volume: 568
Technical Sentiment Signal: Hold
Current Market Cap: $10.41B
Learn more about 3402 stock on TipRanks’ Stock Analysis page.