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Toray Industries Inc (3402.T)

3402.T on Tokyo Stock Exchange

1,010JPY
24 Mar 2017
Change (% chg)

¥20 (+2.06%)
Prev Close
¥989
Open
¥993
Day's High
¥1,010
Day's Low
¥990
Volume
5,159,000
Avg. Vol
6,296,500
52-wk High
¥1,028
52-wk Low
¥854

Latest Key Developments (Source: Significant Developments)

Toray Industries received FDA approval to begin clinical trials of cancer drug candidate in U.S.- Nikkei
Monday, 27 Feb 2017 01:47pm EST 

Nikkei :Toray Industries received FDA approval to begin clinical trials of cancer drug candidate in U.S. allowing testing on human patients- Nikkei.  Full Article

CHORI plans to spin-off business to set up new unit
Wednesday, 22 Feb 2017 01:12am EST 

CHORI Co Ltd <8014.T> :Says it plans to split its transportation equipment business to set up a new wholly owned Tokyo-based unit, effective on April 1.  Full Article

Toray Industries plans expansion of carbon fiber business over next few years - Nikkei
Tuesday, 21 Feb 2017 03:49pm EST 

Nikkei: Toray Industries planning expansion of carbon fiber business over next few years - Nikkei . Toray Industries' expansion plan includes spending over 20 billion yen to boost production of automobile components- Nikkei .Toray industries plans to build its first production facility for fuel cell components in Japan & it is expected to cost over 5 billion yen -Nikkei.  Full Article

Toray Industries to invest about 1 trillion yen in capital, deals over 3 years - Nikkei
Tuesday, 17 Jan 2017 12:20pm EST 

Nikkei: Toray Industries to invest about 1 trillion yen ($8.86 billion) to capital investments and acquisitions over 3 years starting in fiscal 2017 - Nikkei . Toray Industries Inc aims to expand group operating profit by 60 percent from the fiscal 2016 forecast to 250 billion yen in fiscal 2020 - Nikkei .Toray Industries' 1 trillion yen in spending, part of its 3-year plan through fiscal 2019, is to be finalized this month - Nikkei.  Full Article

R&I affirms Toray Industries's rating at "A+" and announces stable outlook – R&I
Wednesday, 21 Dec 2016 01:19am EST 

Toray Industries Inc <3402.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" – R&I .Rating outlook stable– R&I.  Full Article

Toray industries likely to report group operating profit for the April-September half at roughly 75 billion yen - nikkei
Tuesday, 4 Oct 2016 01:02pm EDT 

Nikkei: Toray industries likely will report group operating profit remaining flat on the year for the April-September half at roughly 75 billion yen - nikkei . Toray's sales apparently fell 4% on the year to around 990 billion yen, compared with the forecast of a 2% dip to 1.01 trillion yen-nikkei .for fiscal year ending in march Toray industries is expected to lower its forecast for a 10% boost in operating profit to 170 billion yen - nikkei.  Full Article

Toray Industries enters agreement to supply carbon fiber to SpaceX - Nikkei
Tuesday, 16 Aug 2016 01:45pm EDT 

Nikkei: Toray Industries has entered into agreement to supply carbon fiber TO U.S. Space flight startup SpaceX for use in bodies of rockets,space vehicles - Nikkei . Toray industries's multiyear deal with SpaceX 14-year-old venture is estimated to be worth 200 billion yen to 300 billion yen - Nikkei .Toray Industries sales in carbon fiber composite materials business are expected to rise sales 2 pct to 190 bln yen for FY ending March 2017 - Nikkei.  Full Article

Toray Industries's operating profit may have increased 5 pct to around 39 bln yen for April-June qtr - Nikkei
Friday, 1 Jul 2016 04:43pm EDT 

Nikkei: Toray Industries Inc operating profit may have increased 5 pct to around 39 billion yen ($380 million) for April-June quarter - Nikkei . Toray Industries Inc's sales are seen mostly unchanged at roughly 490 billion yen for April-June quarter - Nikkei .Toray Industries to likely maintain FY forecasts of sales, operating profit for year ending March 2017 - Nikkei.  Full Article

Toray Industries adjusts conversion price for 2019 due and 2021 due euro-yen denominated convertible bonds with warrants
Tuesday, 28 Jun 2016 02:44am EDT 

Toray Industries Inc <3402.T> : Says it adjusts the conversion price for 2019 due euro-yen denominated convertible bonds to 887.3 yen per share, from 891 yen per share . Says it adjusts the conversion price for 2021 due euro-yen denominated convertible bonds to 823.6 yen per share, from 827 yen per share .Adjustments effective since April 1.  Full Article

Toray Industries to ramp up European processing capacity for carbon fiber - Nikkei<3402.T>
Tuesday, 10 May 2016 02:33pm EDT 

Nikkei: Toray Industries will invest some 5 billion yen over the next 2 years to boost European processing capacity for carbon fiber - Nikkei . Toray Industries is hoping to boost global carbon fiber composite sales to the automotive industry to 30 billion yen in fiscal 2020 - Nikkei .  Full Article

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BRIEF-Toray Industries to spend 30 bln yen to expand synthetic leather output in Italy-nikkei

* Toray Industries to spend about 30 billion yen to expand synthetic leather output in Italy-Nikkei Source text: (http://s.nikkei.com/2mUnUji) Further company coverage: