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Toray Industries (JP:3402)
:3402
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Toray Industries (3402) Price & Analysis

6 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 Advanced-materials PortfolioToray's breadth across fibers, performance chemicals, carbon-fiber composites and environmental engineering gives durable exposure to multiple end markets (automotive, aerospace, electronics, water treatment). This reduces single-market cyclicality and supports long-term specialty-margin potential and cross-segment technology leverage.
Improving Profitability And MarginsMargins have meaningfully recovered from a weak 2024 and now sit at healthier levels, indicating structural cost control and/or better product mix toward specialty materials. Sustained mid-single-digit net margins and ~10% EBITDA improve cash generation capacity and strengthen reinvestment and R&D funding over the medium term.
De-risking Balance Sheet And Manageable LeverageDebt-to-equity around 0.49–0.50 marks an improvement from prior higher leverage, while equity growth supports resilience. Lower leverage improves financial flexibility to fund capex, invest in specialty materials, and weather demand cycles without aggressive refinancing or asset sales, strengthening medium-term stability.
Bears Say
Modest Top-line GrowthToray's sales trajectory shows only modest growth which constrains long-term earnings leverage and the ability to scale higher-margin businesses rapidly. Without stronger organic or acquisition-driven revenue expansion, margin improvements alone may not translate into meaningfully higher returns on capital over the next several quarters.
Low Returns On EquityAn ROE near 4.4% signals limited capital efficiency relative to peers and suggests the business is not generating high shareholder returns from its asset and equity base. Persistently low ROE pressures investor returns and requires either sustained margin expansion or faster profitable growth to materially improve long-run shareholder value.
Weak Cash Conversion And VolatilityFCF at roughly 30% of net income, coupled with historical swings, indicates cash generation is modest and less predictable. This constrains the company's ability to consistently fund R&D, deleverage, or raise dividends without recurringly relying on working-capital improvements or asset disposals, increasing medium-term funding risk.

Toray Industries News

3402 FAQ

What was Toray Industries’s price range in the past 12 months?
Toray Industries lowest stock price was ¥913.70 and its highest was ¥1353.50 in the past 12 months.
    What is Toray Industries’s market cap?
    Toray Industries’s market cap is ¥1.59T.
      When is Toray Industries’s upcoming earnings report date?
      Toray Industries’s upcoming earnings report date is Aug 12, 2026 which is in 83 days.
        How were Toray Industries’s earnings last quarter?
        Toray Industries released its earnings results on May 13, 2026. The company reported ¥26.43 earnings per share for the quarter, beating the consensus estimate of ¥19.192 by ¥7.238.
          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 18.26.
                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 ¥26.43 in its last earnings report, beating expectations of ¥19.192. Following the earnings report the stock price went up 1.921%.
                    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

                      Q4 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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