Toray announced the long-term vision 'TORAY VISION 2050', the long-term management policy 'TORAY Challenges 2035' through 2035, and the medium-term management issues 'IGNITION 2028' covering 2026 to 2029. The goals for fiscal 2028 include net sales of 3 trillion yen, operating income of 230 billion yen, ROIC of approximately 7%, and ROE of approximately 8%.
From March 1 to March 12, 2026, 7,691,100 shares of common stock were acquired for a total of 9,310,207,000 yen, and the treasury stock acquisition based on the board resolution on November 14, 2025, has been completed.
In February 2026, Toray Industries, Inc. acquired 9,372,100 common shares through market purchases totaling 11,703,675,400 yen.
Consolidated revenue for Q3 of the fiscal year ending March 2026 totaled JPY 1,919.5 billion (0.2% YoY decrease), operating income was JPY 71.0 billion (31.6% YoY decrease), and net income attributable to owners of the parent for the quarter was JPY 40.2 billion (46.6% YoY decrease).
For the cumulative third quarter of the fiscal year ending March 2026, operating income was 105.1 billion yen, down 3.7 billion yen year-over-year, while the full-year operating income forecast is 150 billion yen, an increase of 7.2 billion yen compared to the previous year.
Toray Industries, Inc. will appoint Executive Vice President and Executive Officer Tetsuya Tsunekawa as Representative Director effective April 1, 2026. Representative Director and Chairman Akihiro Higuchi will become Chairman of the Board, and Executive Vice President and Executive Officer Kazuhiko Shudo will become an Advisor to the Board.
Toray expects to record an impairment loss of 25 billion yen in the battery separator film business of its South Korean subsidiary for the cumulative third quarter of the fiscal year ending March 2026.
From January 1 to January 31, 2026, Toray Industries, Inc. acquired 11,010,400 common shares for approximately 12.29 billion yen, bringing the cumulative number of shares acquired to 27,670,900 shares and the cumulative acquisition cost to approximately 28.96 billion yen.
Acquired 10,107,000 common shares from December 1 to December 31, 2025, totaling ¥10,186,168,679. The cumulative shares acquired are 16,660,500 shares, with a total acquisition cost of ¥16,757,432,774.