Toray IndustriesTORAY INDUSTRIES,INC.3402東証プライム繊維製品FY ending Mar 2026, consolidated, IFRS

Toray Industries FY ending Mar 2026 results

About 41% of Toray Industries's sales come from Fibers and textiles, with Performance Chemicals and Carbon fiber composite materials making up much of the rest.

Out of every ¥100 of sales, about ¥4 is left as operating profit.

Revenue changed +0.9% from the prior year, operating profit -23.7%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +0.9% · profit -23.7%, calculated from disclosed figures.

Operating leverage: -27.89× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +0.9%¥2.56T → ¥2.59T
Gross profit: +2.8%¥505.9B → ¥520B
Operating income: -23.7%¥127.5B → ¥97.2B
Net income attributable to owners: +2.1%¥77.9B → ¥79.5B
Operating cash flow: -17.0%¥255B → ¥211.8B
Free cash flow: -13.9%¥75.8B → ¥65.3B

Results at a glance

Revenue for the FY ending Mar 2026 was ¥2.59T, almost unchanged at +0.9%.
Operating income dropped 23.7%, from ¥127.5B to ¥97.2B.
Net income attributable to owners still rose 2.1% to ¥79.5B.
Operating cash flow fell 17.0% to ¥211.8B.

What drove the change

The main reason for the fall in operating income was an impairment loss on the battery separator film business of a Korean subsidiary.
Sales volumes grew for carbon fiber used in aerospace and for reverse osmosis membranes sold to the Middle East.
Carbon fiber profit fell as price competition intensified and industrial uses such as pressure vessels and wind turbine blades were slow to recover.
Performance Chemicals had lower sales and profit, hit by weak demand for automotive plastics and a slump in display panel demand in China.

Things to watch

Economic and market swings can sharply change demand from certain customers or uses and push prices down.
Export and import controls, higher tariffs and unstable supply chains could make it harder to secure materials or sell products.
Currency moves change the yen value of overseas subsidiaries' results.

Annual Securities Report (145th fiscal term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (145th fiscal term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Toray Industries sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥80
SG&A: ¥15
Other costs: ¥1
Operating profit: ¥4
Net profit kept: ¥3

Annual margin trends

Gross margin20.1%

Operating margin3.8%

Net margin3.1%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Fibers and textiles¥1.05T
41%
Op. margin 6.5%Industry: Textiles & Fibers
Performance Chemicals¥894.4B
35%
Op. margin 6.3%Industry: Chemicals
Carbon fiber composite materials¥300.1B
12%
Op. margin 5.9%Industry: Textiles & Fibers
Environment and engineering¥266.9B
10%
Op. margin 10.8%Industry: Waste Management & Recycling
Life science¥52.4B
2%
Op. margin -0.2%Industry: Pharmaceuticals
Other¥20.2B
1%
Op. margin 12.2%

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第145期(2025/04/01－2026/03/31)
ID S100YFG92026-06-22Open
EDINET (FSA Japan)
有価証券報告書－第144期(2024/04/01－2025/03/31)
ID S100W2HQ2025-06-24Open
EDINET (FSA Japan)
有価証券報告書－第143期(2023/04/01－2024/03/31)
ID S100TPXK2024-06-25Open
EDINET (FSA Japan)
有価証券報告書－第142期(2022/04/01－2023/03/31)
ID S100R32F2023-06-27Open
EDINET (FSA Japan)
有価証券報告書－第141期(令和3年4月1日－令和4年3月31日)
ID S100OCUC2022-06-23Open
EDINET (FSA Japan)
有価証券報告書－第140期(令和2年4月1日－令和3年3月31日)
ID S100LLB72021-06-22Open

Extracted from XBRL: 45 / Derived from other figures: 1

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