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Toray Industries (JP:3402)
:3402

Toray Industries (3402) Price & Analysis

5 Followers

3402 Stock Chart & Stats

¥1105.50
¥14.50(1.43%)
At close: 4:00 PM EST
¥1105.50
¥14.50(1.43%)

Bulls Say, Bears Say

Bulls Say
Diversified High-value Materials PortfolioToray's broad materials portfolio spanning fibers, plastics, carbon fiber composites and membranes gives durable exposure to multiple end markets. This diversification lowers single-market cyclicality and positions the company to capture secular trends like lightweighting, electrification and advanced electronics demand over the medium term.
Stable Revenue With Recovering Operating MarginsConsistent low-single-digit revenue growth and recovering gross/EBITDA margins indicate operational resilience and some pricing or mix improvement. Sustained mid-single-digit revenue growth with ~10% EBITDA creates a platform to improve profitability and fund targeted investments in higher-margin specialty products over the next several quarters.
Improved Balance-sheet LeverageLeverage reduction to roughly 0.5 and a growing equity base strengthen financial flexibility. Lower relative debt reduces refinancing and interest-rate risks, enabling Toray to fund capex or strategic R&D without immediate pressure to raise external capital, supporting mid-term operational continuity.
Bears Say
Deteriorating Free Cash Flow And Weak Cash ConversionA sharp FCF decline and low cash conversion materially limit internal funding for capex, debt reduction and shareholder returns. With FCF only a fraction of net income and low coverage, the company faces constrained financial flexibility and greater vulnerability if investment needs rise or financing costs increase over the medium term.
Low Net Profitability And Weak Returns On EquityPersistently thin net margins and mid-single-digit ROE suggest the capital base is not translating into strong bottom-line returns. Low profitability restricts retained earnings growth, limits reinvestment upside, and makes it harder to justify significant new capital allocation absent structural improvement in margins or product mix.
Earnings Volatility And Recent Net Income DeteriorationMaterial swings in net income reduce predictability of free cash flow and complicate planning for investments and payouts. For a capital-intensive materials business, earnings volatility increases execution risk for multi-year projects and may require higher retained buffers, slowing long-term strategic initiatives.

Toray Industries News

3402 FAQ

What was Toray Industries’s price range in the past 12 months?
Toray Industries lowest stock price was ¥818.00 and its highest was ¥1353.50 in the past 12 months.
    What is Toray Industries’s market cap?
    Toray Industries’s market cap is ¥1.67T.
      When is Toray Industries’s upcoming earnings report date?
      Toray Industries’s upcoming earnings report date is May 08, 2026 which is in 31 days.
        How were Toray Industries’s earnings last quarter?
        Toray Industries released its earnings results on Feb 10, 2026. The company reported ¥2.3 earnings per share for the quarter, missing the consensus estimate of ¥15.674 by -¥13.374.
          Is Toray Industries overvalued?
          According to Wall Street analysts Toray Industries’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Toray Industries pay dividends?
            Toray Industries pays a Semiannually dividend of ¥10 which represents an annual dividend yield of 1.85%. See more information on Toray Industries dividends here
              What is Toray Industries’s EPS estimate?
              Toray Industries’s EPS estimate is 19.19.
                How many shares outstanding does Toray Industries have?
                Toray Industries has 1,504,481,400 shares outstanding.
                  What happened to Toray Industries’s price movement after its last earnings report?
                  Toray Industries reported an EPS of ¥2.3 in its last earnings report, missing expectations of ¥15.674. Following the earnings report the stock price went down -0.597%.
                    Which hedge fund is a major shareholder of Toray Industries?
                    Currently, no hedge funds are holding shares in JP:3402
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Toray Industries

                      Toray Industries, Inc., together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products. It also provides nylon, ABS, PBT, PPS, and other resins and molded products; polyolefin foam products; polyester, polyethylene, polypropylene, and other films; processed film products; raw materials for synthetic fibers and other plastics; fine chemicals; electronic and information materials; and graphic materials. In addition, the company offers carbon fibers, carbon fiber composite materials, and molded products; analysis, physical evaluation, research, and other services; and pharmaceuticals, medical devices, etc. Further, it provides engineering services; condominiums; industrial equipment and machinery; IT-related equipment; water treatment membranes and related equipment; and materials for housing, building, and civil engineering applications. The company was formerly known as Toyo Rayon Co., Ltd. and changed its name to Toray Industries, Inc. in 1970. The company was incorporated in 1926 and is headquartered in Tokyo, Japan.

                      Toray Industries (3402) Earnings & Revenues

                      3402 Company Deck

                      3402 Earnings Call

                      Q3 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The earnings call reflects a strong performance with record high core operating income and significant revenue increases across key segments like Performance Chemicals and Carbon Fiber Composite Materials. However, challenges remain in asset management and specific segments like Life Science and Fibers & Textiles in Korea.View all JP:3402 earnings summaries

                      3402 Stock 12 Month Forecast

                      Average Price Target

                      ¥1,401.43
                      ▲(26.77% Upside)
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7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":963.407,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":928.596,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 26, \t&nbsp;</span>\n 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","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1010.852,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 31, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1125.811,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 62, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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