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The latest update is out from Toray Industries ( (JP:3402) ).
Toray Industries will book a ¥25.0 billion impairment loss at a Korean subsidiary for the nine months ended December 31, 2025, after reassessing the recoverability of fixed assets in its battery separator films business. The writedown reflects declining profitability in separator films for automotive applications amid a sluggish electric vehicle market and other pressures, and Toray is still examining its full-year consolidated forecast for the fiscal year ending March 31, 2026, which it plans to announce alongside its nine-month results on February 10, 2026.
The most recent analyst rating on (JP:3402) stock is a Buy with a Yen1308.00 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 Tokyo Stock Exchange Prime Market, known for advanced materials such as fibers, textiles, resins, films, and other high-performance industrial products serving sectors including automotive, electronics, and energy.
Average Trading Volume: 5,194,290
Technical Sentiment Signal: Buy
Current Market Cap: Yen1827.3B
For a thorough assessment of 3402 stock, go to TipRanks’ Stock Analysis page.