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 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/3402-20260205-01.pdf","jir_short_summary":"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.","jir_summary":"### Regarding the Recognition of Impairment Loss\nToray Industries, Inc. announced that for the cumulative third quarter of the fiscal year ending March 2026 (April 1, 2025 to December 31, 2025), it expects to record an impairment loss of 25 billion yen related to the battery separator film business of its South Korean subsidiary. This follows a review of the recoverability of fixed assets due to decreased profitability amid a sluggish EV market.\n\n### Outlook and Earnings Guidance\nThe consolidated earnings forecast for the full fiscal year ending March 2026 is currently under review and is scheduled to be disclosed at the third quarter financial results announcement on February 10. Details on the impact on full-year earnings remain unknown at this time.","jir_financial_highlights":"Impairment Loss: 25 billion yen (Unknown)","jir_category":"","jir_hashtags":"#TorayIndustries, #ImpairmentLoss, #EarningsRelated, #JapaneseStocks","jir_key_figures":"Impairment Loss Amount: 25 billion yen (Cumulative third quarter of fiscal year ending March 2026)\nAffected Business: Battery separator film business of South Korean subsidiary\nDate of Announcement: February 5, 2026","jir_meta_title":"Toray Announces Expected 25 Billion Yen Impairment Loss in Q3 FY2026","jir_meta_description":"Toray Industries, Inc. announced an expected impairment loss of 25 billion yen in the battery separator film business of its South Korean subsidiary for the cumulative third quarter of FY2026. The full-year earnings forecast is to be disclosed on February 10.","jir_og_title":"Toray Announces 25 Billion Yen Impairment Loss (Q3 FY2026)","jir_og_description":"Toray Industries, Inc. plans to record a 25 billion yen impairment loss in its South Korean subsidiary due to a sluggish EV market. Full-year earnings guidance to be announced on February 10.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7434,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-24638","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n