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Toray Industries Inc (3402.T)

3402.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Toray Industries to buy TenCate Advanced Composites Holding for 930 mln euros
Wednesday, 14 Mar 2018 10:09pm EDT 

March 15 (Reuters) - Toray Industries Inc <3402.T>:Says it plans to buy 100 percent stake in TenCate Advanced Composites Holding B.V from Koninklijke Ten Cate B.V for 930 million euros(about 123 billion yen), in the second half of 2018 .  Full Article

3Sbio Says Unit And Toray Sign Exclusive Licensing Agreement On Antipuritic Agent, TRK-820​
Monday, 15 Jan 2018 03:31am EST 

Jan 15 (Reuters) - 3Sbio Inc <1530.HK>::UNIT AND TORAY ENTER EXCLUSIVE LICENSING AGREEMENT ON CERTAIN ORAL DISINTEGRATION TABLET FORMULATION OF ANTIPRURITIC DRUG TRK-820​.  Full Article

Soda Aromatic to delist from Tokyo Stock Exchange JASDAQ
Thursday, 21 Dec 2017 11:41pm EST 

Dec 22(Reuters) - Soda Aromatic Co Ltd <4965.T>:Says it will be delisted from Tokyo Stock Exchange JASDAQ, effective Dec. 25.  Full Article

Soda Aromatic to retire treasury shares
Thursday, 21 Dec 2017 11:37pm EST 

Dec 22(Reuters) - Soda Aromatic Co Ltd <4965.T>:Says it will retire 3,769 shares (0.04 percent of outstanding) of its common stock on Dec. 22.  Full Article

Toray unit: 13 customers affected by data cheating mostly in Japan but include Korean
Monday, 27 Nov 2017 10:24pm EST 

Nov 28 (Reuters) - Toray Industries Inc <3402.T>::TORAY HYBRID CORD PRESIDENT SAYS HAS NOT RECEIVED CONFIRMATION FROM CUSTOMERS THAT AFFECTED PRODUCTS ARE SAFE.TORAY PRESIDENT SAYS TOOK TIME TO SORT THROUGH INFORMATION, EXPLAIN TO CUSTOMERS, WHEN ASKED ABOUT TIMING OF ANNOUNCING DATA FALSIFICATION.TORAY PRESIDENT SAYS COMBINED REVENUE OF 149 CASES OF DATA FALSIFICATION AMOUNTS TO 150 MILLION YEN, WON'T HAVE BIG IMPACT EVEN IF ISSUES FOUND.TORAY PRESIDENT SAYS RECEIVED REPORT ON DATA FALSIFICATION FROM UNIT IN OCTOBER 2016.TORAY UNIT PRESIDENT SAYS 13 AFFECTED CUSTOMERS MOSTLY IN JAPAN BUT INCLUDE KOREAN.TORAY PRESIDENT SAYS ONLINE POSTING ABOUT THE FALSIFICATION LED COMPANY TO MAKE THE FALSIFICATION PUBLIC.TORAY PRESIDENT SAYS WANT TO COMPLETE INVESTIGATION FOR WHOLE GROUP BY END OF FINANCIAL YEAR IN MARCH.TORAY PRESIDENT: WON'T MAKE DISCLOSURE EVEN IF MORE DATA FALSIFICATION FOUND IN ONGOING INVESTIGATION IF THERE ARE NO SAFETY OR LEGAL ISSUES.TORAY PRESIDENT: HADN'T PLANNED ON DISCLOSING DATA CHEATING IF IT WEREN'T FOR KOBE STEEL SCANDAL OR ONLINE POSTING.TORAY UNIT PRESIDENT SAYS PRESSURE TO MEET PRODUCT DELIVERY TARGETS WAS A FACTOR IN DATA FALSIFICATION.TORAY PRESIDENT SAYS NO AFFECTED PRODUCTS HAVE BEEN SUPPLIED TO BOEING OR FAST RETAILING.TORAY PRESIDENT SAYS CONFIRMATION THAT DATA FALSIFICATION HAS NOT TAKEN PLACE IN CORE CARBON FIBRE BUSINESS WILL HAVE TO WAIT FOR RESULTS OF INVESTIGATION.  Full Article

Toray Industries sales in April-September half will likely jump 10 pct - Nikkei‍​
Friday, 29 Sep 2017 03:17pm EDT 

Sept 29 (Reuters) - Nikkei::Toray Industries is expected to report a operating profit of about 78 billion yen ($692 million) for the April-September first half - Nikkei.Toray Industries will likely maintain its full-year guidance - Nikkei.Toray Industries sales in the April-September first half will likely jump 10 percent to around 1.05 trillion yen - Nikkei‍​.  Full Article

Idemitsu Kosan says technical cooperation with TORAY INDUSTRIES
Tuesday, 26 Sep 2017 02:36am EDT 

Sept 26(Reuters) - Idemitsu Kosan Co Ltd <5019.T>:Says it reached an agreement with TORAY INDUSTRIES Inc <<<3402.T>>>, regarding organic EL materials business related technical cooperation .  Full Article

Soda Aromatic announces result of joint takeover bid for shares by Toray Industries and Mitsui &
Thursday, 21 Sep 2017 04:01am EDT 

Sept 21(Reuters) - Soda Aromatic Co Ltd <4965.T>:Says 3.3 million shares of the company were jointly offered in a takeover bid by Toray Industries Inc <<<3402.T>>> and Mitsui & Co Ltd <<<8031.T>>> (acquirers) from Aug. 8 to Sept. 20.Acquisition price at 1,140 yen per share.Says acquirers increase stake in the company to 98 percent up from 65 percent.Settlement date on Sept. 27.  Full Article

Toray Industries and Mitsui updates on ToB for shares of Soda Aromatic
Monday, 7 Aug 2017 03:22am EDT 

Aug 7 (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>.* Offering period from Aug. 8 to Sept. 20 .* Settlement starts on Sept. 27 .* The previous plan was disclosed on May 10 .  Full Article

Toray Industries group operating profit likely declined 7 pct for April-June quarter - Nikkei
Wednesday, 5 Jul 2017 02:17pm EDT 

July 5 (Reuters) - Nikkei::Toray Industries' group operating profit likely declined 7% on the year to around 38 billion yen for the April-June quarter - Nikkei.Toray Industries' sales likely jumped 7% to roughly 510 billion yen for the April-June quarter - Nikkei.  Full Article