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3402 Stock Chart & Stats
¥1154.00
¥24.50(2.12%)
At close: 4:00 PM EDT
¥1154.00
¥24.50(2.12%)
Day’s Range― - ―
52-Week Range¥913.70 - ¥1,395.00
Previous CloseN/A
Volume3.40M
Average Volume (3M)4.93M
Market Cap
¥1.91T
Enterprise Value¥2.42M
Total Cash (Recent Filing)¥259.63B
Total Debt (Recent Filing)¥901.12B
Price to Earnings (P/E)20.6
Beta1.00
Next Earnings
Nov 10, 2026EPS Estimate
16.1Next Dividend Ex-DateN/A
Dividend Yield1.54%
Share Statistics
EPS (TTM)63.15
Shares Outstanding1,504,481,400
10 Day Avg. Volume6,748,400
30 Day Avg. Volume4,930,880
Financial Highlights & Ratios
PEG Ratio2.52
Price to Book (P/B)0.92
Price to Sales (P/S)0.64
P/FCF Ratio25.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥1,396.25Price Target Upside20.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)67.48
Revenue Forecast (FY)¥2.78T
Bulls Say, Bears Say
Bulls Say
Diversified Advanced Materials PortfolioToray's presence across fibers, chemicals, carbon composites, membranes and life sciences reduces reliance on any single end market. This diversification supports steadier revenue, cross-segment synergies, and exposure to structural growth areas like composites for mobility and water treatment infrastructure.
Profitability Rebound And Normalized MarginsMargins have recovered from 2024 troughs to more normalized levels, indicating operational stabilization. Sustained margin normalization improves durable profitability, supports reinvestment in R&D and capex, and strengthens the company's ability to fund strategic initiatives over the medium term.
Moderate, Improving Balance-sheet LeverageWith leverage near 0.5 and equity growth, Toray has a more manageable capital structure that reduces refinancing and liquidity risk. This financial flexibility supports investment in capital-intensive segments such as carbon fiber and membranes and allows steadier capital allocation over time.
Bears Say
Weak Cash ConversionDespite positive absolute FCF, low conversion (FCF ~31% of net income) and year-to-year volatility indicate earnings aren't reliably translating into cash. This weak conversion constrains steady reinvestment, dividends or buybacks and raises execution and working-capital risks over time.
Thin And Volatile Net MarginsNet margins are low and have shown material volatility, leaving a thin buffer against raw-material cost swings and demand downturns. Persistent margin pressure limits cash available for strategic initiatives and makes earnings more sensitive to cyclical and input-cost shocks.
Modest Return On EquityA roughly 5.3% ROE implies limited capital efficiency and modest returns to shareholders. Without stronger margin expansion or faster growth in higher-value segments, persistent low ROE could constrain long-term value creation and the attractiveness of reinvestment from a shareholder-return perspective.
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 ¥1395.00 in the past 12 months.
What is Toray Industries’s market cap?
Toray Industries’s market cap is ¥1.91T.
When is Toray Industries’s upcoming earnings report date?
Toray Industries’s upcoming earnings report date is Nov 10, 2026 which is in 78 days.
How were Toray Industries’s earnings last quarter?
Toray Industries released its earnings results on Aug 06, 2026. The company reported ¥21.47 earnings per share for the quarter, beating the consensus estimate of ¥16.518 by ¥4.952.
Is Toray Industries overvalued?
According to Wall Street analysts Toray Industries’s price is currently Undervalued.
Does Toray Industries pay dividends?
Toray Industries pays a Notavailable dividend of ¥13 which represents an annual dividend yield of 1.54%. See more information on Toray Industries dividends here
What is Toray Industries’s EPS estimate?
Toray Industries’s EPS estimate is 16.1.
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 ¥21.47 in its last earnings report, beating expectations of ¥16.518. Following the earnings report the stock price went up 9.34%.
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
Headquartered in Tokyo, Japan, Toray Industries, Inc. is a global conglomerate, established in 1926, that develops, manufactures, and distributes a comprehensive range of advanced materials and innovative products. Through its worldwide network of subsidiaries, the company's extensive operations encompass several key divisions. It produces a wide variety of fibers and textiles, including filament and staple yarns, spun yarns, and woven and knitted fabrics made from materials like nylon, polyester, and acrylics, alongside non-woven textiles and apparel. Its performance chemicals segment delivers specialized resins (such as ABS, PBT, and PPS), molded plastic goods, polyolefin foams, diverse films, raw materials for synthetics, fine chemicals, and electronic and graphic materials. Toray is also a prominent supplier of carbon fibers and their composite materials. Beyond material science, the firm provides environmental and engineering solutions, including water treatment systems, industrial machinery, IT-related equipment, and construction materials. Additionally, it operates in the life sciences sector, offering pharmaceuticals and medical devices, and provides analytical and research services. Originally founded as Toyo Rayon Co., Ltd., the company rebranded to Toray Industries, Inc. in 1970, serving customers across Japan, China, North America, Europe, and numerous other international markets.
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 summaries3402 Stock 12 Month Forecast
All Analysts
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Average Price Target
¥1,396.25
▲(20.99% Upside)
Technical Analysis
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