Toray Industries, Inc.

3402.T
Textile Manufacturing
2026/08/21 Updated
Market Cap: $11.9B (¥1.9T)
Stock Price: $8.18 (¥1,301)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Change of Representative Director

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.

Importance:
Page Updated: February 10, 2026
IR Disclosure Date: February 10, 2026

Key Figures

  • Name of New Representative Director: Tetsuya Tsunekawa
  • Number of Shares Owned (Tetsuya Tsunekawa): 89,534 shares
  • Scheduled Effective Date: 2026-04-01

AI要約

Overview of Change in Representative Director

At the Board of Directors meeting held on February 10, 2026, Toray Industries, Inc. resolved to change its management structure by appointing a new Representative Director. The new Representative Director will be Executive Vice President and Executive Officer Tetsuya Tsunekawa, who joined the company in 1984 and has held positions such as Head of the Film Research Institute, Plant Manager, and Director. Currently, he serves as Executive Vice President and Executive Officer. Outgoing Representative Director and Chairman Akihiro Higuchi will assume the position of Chairman of the Board, and Executive Vice President and Executive Officer Kazuhiko Shudo will serve as an Advisor to the Board.

Effective Date of Change and Impact

The change in Representative Director will take effect on April 1, 2026. This management transition aims to ensure continuity and strengthen the organization, with expectations that the new Representative Director Tsunekawa will leverage his extensive experience to drive management forward. Although no direct impact on shareholders is mentioned, the refresh of the management team could contribute to enhancing corporate value.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Toray Industries, Inc.

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