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Toyobo Co ( (JP:3101) ) has provided an update.
Toyobo Co., Ltd. has announced a change in the sector classification of its stock from ‘Textiles & Apparels’ to ‘Chemicals’ on the Tokyo Stock Exchange Prime Market. This change, effective October 1, 2025, reflects the company’s growing net sales in chemical-related businesses, aligning with the criteria set by the Securities Identification Code Committee. This reclassification signifies Toyobo’s strategic shift and expanding focus on the chemicals sector, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (JP:3101) stock is a Hold with a Yen1050.00 price target. To see the full list of analyst forecasts on Toyobo Co stock, see the JP:3101 Stock Forecast page.
More about Toyobo Co
Toyobo Co., Ltd. operates in the manufacturing industry, primarily focusing on textiles and apparels. However, the company has been expanding its operations into chemical-related businesses, such as films and functional resins.
YTD Price Performance: 17.18%
Average Trading Volume: 328,371
Technical Sentiment Signal: Buy
Current Market Cap: Yen96.72B
See more insights into 3101 stock on TipRanks’ Stock Analysis page.