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Toray Industries ( (JP:3402) ) has issued an update.
Toray Industries has announced a special 100th anniversary commemorative dividend, marking its centennial on April 16, 2026 and signaling appreciation to long-term shareholders. The company will add a ¥3 per share commemorative payment to the interim dividend for the fiscal year ending March 31, 2027, bringing the interim total to ¥13 per share, including an ordinary dividend of ¥10.
Under its new medium-term management program “IGNITION 2028,” Toray is emphasizing stable and progressive dividends supported by profit growth, and has set a full-year dividend forecast of ¥26 per share for fiscal 2026–27. That payout, comprising ¥23 in ordinary dividends and ¥3 in commemorative dividends, represents a planned increase from the prior fiscal year’s ¥20 total dividend, underscoring a more shareholder-friendly capital policy.
The year-end dividend for the fiscal year ended March 31, 2026 is pending formal approval at the 145th Ordinary General Meeting of Shareholders, while the interim and year-end dividends for the year ending March 31, 2027 will be resolved by the board and the 146th shareholders’ meeting, respectively. The outlined schedule and higher distributions provide investors with greater visibility on Toray’s cash returns and support its positioning as a stable dividend payer in the Japanese market.
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 Japan-based diversified materials manufacturer listed on the TSE Prime Market under securities code 3402. The company operates across advanced materials, chemicals and related businesses, serving global industrial and consumer markets with a focus on stable growth and shareholder returns.
Average Trading Volume: 5,432,098
Technical Sentiment Signal: Buy
Current Market Cap: Yen1663.8B
For detailed information about 3402 stock, go to TipRanks’ Stock Analysis page.