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Toray Industries (TRYIY)
:TRYIY
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Toray Industries
(OTC:TRYIY)
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Rating:55Neutral
Price Target:
$12.50
▲(1.30% Upside)
The overall stock score of 55 reflects a combination of stable financial performance and bearish technical indicators. The high P/E ratio suggests potential overvaluation, while the oversold RSI and low Stochastic indicate possible continued downward pressure. The lack of earnings call and corporate events data limits additional insights.
Toray Industries (TRYIY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$9.63B
Dividend Yield0.91%
Average Volume (3M)1.84K
Price to Earnings (P/E)20.8
Beta (1Y)0.26
Revenue Growth-0.46%
EPS Growth102.52%
CountryUS
Employees48,140
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)0.15
Shares Outstanding815,740,700
10 Day Avg. Volume0
30 Day Avg. Volume1,840
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.95
Price to Sales (P/S)0.63
P/FCF Ratio21.39
Enterprise Value/Market Cap1.66
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit0.03
Enterprise Value/Ebitda0.07
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Toray Industries Business Overview & Revenue Model
Company DescriptionToray Industries, Inc. is a multinational corporation headquartered in Japan, primarily engaged in the production of advanced materials and chemicals. The company operates across several sectors, including textiles, fibers, plastics, and carbon fiber composites, with a focus on innovation and sustainability. Toray's core products include high-performance fibers, films, and resins used in various industries such as automotive, aerospace, electronics, and healthcare, making it a leader in advanced materials technology.
How the Company Makes MoneyToray Industries generates revenue through multiple key streams, primarily by selling a diverse range of high-value materials and products across its various business segments. The company earns significant income from its fibers and textiles division, which includes synthetic fibers used in apparel and industrial applications. Additionally, the performance chemicals segment contributes to revenue through specialty chemicals and films. Another essential revenue stream comes from the advanced composites sector, particularly carbon fiber products used in lightweight automotive and aerospace components. Toray also engages in strategic partnerships and joint ventures with other companies to expand its market reach and enhance technological capabilities, further driving its earnings. Factors such as increasing demand for lightweight materials in various industries, innovations in product development, and a focus on sustainability initiatives play a crucial role in the company’s financial performance.
Toray Industries Earnings Call Summary
Earnings Call Date:Aug 08, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Nov 14, 2025
Earnings Call Sentiment Positive
The earnings call presents a strong financial performance with record high income and significant profit increases, alongside strategic initiatives in pricing and capital efficiency. However, challenges remain in asset values and specific segments like Life Science, with potential economic risks noted.Q2-2025 Updates
Positive Updates
Record High Core Operating Income
Core operating income for the first 6 months reached JPY 79.1 billion, marking a 62.6% increase compared to the previous year and a record high for the period.
Significant Profit Increase
Profit increased by 92.3% to JPY 55.5 billion compared to the same period last year.
Revenue Growth Across Segments
Consolidated revenue for the 6 months increased by 7.9% to JPY 1,294.1 billion, with notable growth in the Performance Chemicals (10.3% increase) and Carbon Fiber Composite Materials (8.3% increase) segments.
Strategic Pricing and Structural Reform
Strategic pricing exceeded plans, contributing to a 2.1-point increase in core operating income margin. Structural reforms and profitability improvement projects like D Pro have also contributed positively.
Share Buyback and Capital Efficiency
Resolution to repurchase shares of common stock and a policy to improve capital efficiency by reducing cross-shareholdings by half over 3 years.
Positive Free Cash Flow
Free cash flow was positive at JPY 65.4 billion.
Negative Updates
Decrease in Assets and Liabilities
Total assets decreased by JPY 100.7 billion and total liabilities decreased by JPY 92.6 billion from the end of the previous fiscal year, affected by currency appreciation.
Life Science Segment Challenges
Core operating income in the Life Science segment decreased by JPY 0.1 billion to negative JPY 0.6 billion, impacted by the penetration of generic drugs and NHI drug price revisions.
Potential Downward Economic Risks
Potential risks include changes in U.S. fiscal and trade policies, prolonged real estate recession in China, and impacts of financial policies in the U.S. and Europe.
Company Guidance
In the earnings call for Q2 2025, Toray Group reported a significant financial upturn, with consolidated revenue for the first half of the fiscal year increasing by 7.9% to JPY 1,294.1 billion. Core operating income soared by 62.6% to JPY 79.1 billion, marking a record high, while profit surged by 92.3% to JPY 55.5 billion. The company highlighted its strategic initiatives, including a share buyback plan funded by the reduction of cross-shareholdings, aimed at enhancing capital efficiency. Segment-wise, Performance Chemicals led growth with a 134.2% rise in core operating income, supported by demand recovery and improved utilization rates, while the Carbon Fiber Composite Materials segment also saw a 54.4% increase in core operating income. The company revised its full-year forecast upwards, anticipating revenue of JPY 2,590 billion and a core operating income of JPY 145 billion, reflecting a robust performance outlook amidst a gradually recovering global economy.Toray Industries Financial Statement Overview
Summary
Toray Industries demonstrates a stable financial position with moderate profitability and leverage. The company maintains solid profit margins and a strong equity base, but the decline in revenue and free cash flow growth poses potential risks.Income Statement
Toray Industries shows a mixed performance in its income statement. The TTM data reveals a slight decline in revenue growth, with a negative growth rate of -1.64%. However, the company maintains a stable gross profit margin of approximately 19.83% and a net profit margin of 2.70%. The EBIT and EBITDA margins are moderate at 4.69% and 9.78%, respectively. Despite the revenue decline, the company has managed to sustain its profitability margins, indicating operational efficiency.65
Positive
Balance Sheet
The balance sheet of Toray Industries indicates a solid financial structure with a debt-to-equity ratio of 0.54, reflecting moderate leverage. The return on equity (ROE) is relatively low at 3.95%, suggesting limited profitability from shareholders' equity. However, the equity ratio stands at 50.74%, indicating a strong equity base relative to total assets, which enhances financial stability.70
Positive
Cash Flow
The cash flow statement shows some challenges, with a significant decline in free cash flow growth at -23.66% TTM. The operating cash flow to net income ratio is 0.28, and the free cash flow to net income ratio is 0.23, indicating adequate cash generation relative to net income. However, the negative free cash flow growth suggests potential liquidity concerns that need to be addressed.60
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.52T | 2.56T | 2.46T | 2.49T | 2.23T | 1.88T |
| Gross Profit | 500.10B | 505.89B | 443.52B | 420.83B | 377.50B | 438.36B |
| EBITDA | 245.19B | 265.29B | 207.84B | 219.00B | 252.43B | 206.08B |
| Net Income | 68.20B | 77.91B | 21.90B | 72.82B | 84.23B | 45.79B |
Balance Sheet | ||||||
| Total Assets | 3.30T | 3.29T | 3.47T | 3.19T | 2.85T | 2.65T |
| Cash, Cash Equivalents and Short-Term Investments | 228.61B | 254.52B | 248.86B | 254.69B | 242.49B | 242.49B |
| Total Debt | 904.32B | 842.66B | 949.68B | 950.09B | 935.66B | 973.93B |
| Total Liabilities | 1.51T | 1.47T | 1.62T | 1.56T | 1.53T | 1.47T |
| Stockholders Equity | 1.67T | 1.71T | 1.74T | 1.54T | 1.41T | 1.24T |
Cash Flow | ||||||
| Free Cash Flow | 57.86B | 75.78B | 51.55B | 43.00B | 89.11B | 85.62B |
| Operating Cash Flow | 247.81B | 255.03B | 185.68B | 145.21B | 211.59B | 225.77B |
| Investing Cash Flow | -77.30B | -63.20B | -121.00B | -102.72B | -97.87B | -142.36B |
| Financing Cash Flow | -172.73B | -188.52B | -70.37B | -57.38B | -69.40B | -67.59B |
Toray Industries Technical Analysis
Negative
12.34
Price Trends
12.82
Negative
13.17
Negative
13.31
Negative
Market Momentum
-0.18
Positive
40.56
Neutral
16.72
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRYIY, the sentiment is Negative. The current price of 12.34 is below the 20-day moving average (MA) of 12.41, below the 50-day MA of 12.82, and below the 200-day MA of 13.31, indicating a bearish trend. The MACD of -0.18 indicates Positive momentum. The RSI at 40.56 is Neutral, neither overbought nor oversold. The STOCH value of 16.72 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TRYIY.
Toray Industries Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $1.17B | 6.84 | 11.32% | ― | 1.19% | 1.62% | |
71 Outperform | $3.99B | 23.84 | 10.58% | 1.44% | -1.88% | -5.94% | |
67 Neutral | $2.78B | 15.27 | 10.84% | 2.42% | 2.76% | -7.83% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
55 Neutral | $9.63B | 20.82 | 3.98% | 0.91% | -0.46% | 102.52% | |
54 Neutral | $1.59B | ― | -6.19% | 2.24% | -9.37% | -160.13% | |
41 Neutral | $73.81M | ― | -9.61% | ― | -5.26% | 42.84% |
* Consumer Cyclical Sector Average
TRYIY
Toray Industries
12.18
0.08
0.63%
AIN
Albany International
48.24
-33.77
-41.18%
COLM
Columbia Sportswear
51.67
-30.53
-37.14%
GIII
G-III Apparel Group
27.62
-3.51
-11.28%
UFI
Unifi
3.84
-2.06
-34.92%
ZGN
Ermenegildo Zegna
9.81
2.63
36.69%
Toray Industries Corporate Events
Toray Industries Reports Decline in Q1 2025 Earnings
Aug 13, 2025
Toray Industries, Inc., a leading Japanese multinational corporation, operates in the chemical industry, specializing in fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering, and life sciences. The company is known for its commitment to innovation and sustainable growth.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.