Toray Industries, Inc.
Summary of Q3 Financial Results for Fiscal Year Ending March 2026
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.
Key Figures
- Operating Income (Cumulative Q3): 105.1 billion yen (Year-over-Year -3.4%)
- Full-Year Operating Income Forecast: 150 billion yen (Up 7.2 billion yen from previous year)
- Net Income Attributable to Owners of Parent (Cumulative Q3): 40.2 billion yen (Year-over-Year -46.6%)
AI要約
Performance Overview
For the cumulative third quarter of the fiscal year ending March 2026, revenue was 1,919.5 billion yen, down 0.2% year-over-year. Operating income was 105.1 billion yen, down 3.4% year-over-year, while net income attributable to owners of parent was 40.2 billion yen, a decline of 46.6%. Losses from non-recurring items expanded, resulting in profit before tax of 74.7 billion yen, down 30.6% year-over-year. The currency exchange rate averaged 154.2 yen/USD during the period and was 156.6 yen/USD at the end, both stronger than the previous fiscal year.
Segment Performance and Capital Policy
The fibers segment performed steadily with operating income of 54.8 billion yen, up 9.5% year-over-year. Conversely, the functional chemicals segment saw a decline due to market downturns, with operating income at 43.1 billion yen, down 10.3%, and the carbon fiber composite materials segment decreased as well, with operating income of 11.5 billion yen, down 18.6% due to demand adjustments. Share buybacks were carried out in accordance with the resolution in November 2025, with 29 billion yen (28 million shares) repurchased by the end of January 2026.
