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Toray Industries Inc (3402.T)

3402.T on Tokyo Stock Exchange

921JPY
29 May 2017
Change (% chg)

¥2 (+0.26%)
Prev Close
¥918
Open
¥925
Day's High
¥926
Day's Low
¥920
Volume
2,502,800
Avg. Vol
5,362,703
52-wk High
¥1,028
52-wk Low
¥854

Latest Key Developments (Source: Significant Developments)

Toray Industries and Mitsui jointly offer ToB for shares of Soda Aromatic, at 1,140 yen per share
Wednesday, 10 May 2017 03:25am EDT 

May 10 (Reuters) - Toray Industries Inc <3402.T> ::* Says Toray Industries Inc and Mitsui & Co Ltd <8031.T> (acquirers)are jointly offering a takeover bid for about 3.5 million shares of Soda Aromatic Co Ltd <4965.T> , at 1,140 yen per share.* Acquirers will jointly hold 100 percent stake in Soda Aromatic (99,962 voting rights), up from 65 percent currently (65,012 voting rights).* Total acquisition amount (for 3.5 million shares of Soda Aromatic) is 3.98 billion yen.* Other details remain to be determined .  Full Article

Soda Aromatic names new president
Wednesday, 10 May 2017 03:16am EDT 

May 10 (Reuters) - Soda Aromatic Co Ltd <4965.T>: :* Says it has named Akihiko Ishimura as the new President of the company, to replace Sadahide Sawada.* Effective date June 23.  Full Article

Spirox plans strategic cooperation with TORAY Engineering
Monday, 10 Apr 2017 06:42am EDT 

Spirox Corp <3055.TW> :Says it forms strategic cooperation with TORAY Engineering Co Ltd, a Japanese wafer testing equipment maker, to collaborate in automatic optic inspection area.  Full Article

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

More From Around the Web

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: