Toray Industries, Inc. Announces Dividend for the Fiscal Year Ended March 31, 2022, Payable on June 24, 2022; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Ending March 31, 2023
May 13, 2022 at 12:00 am EDT
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Toray Industries, Inc. announced dividend for the fiscal year ended March 31, 2022. For the year the company announced the dividend of JPY 8 per share. Scheduled date to commence dividend payment is June 24, 2022.
The company provided dividend guidance for the second quarter and full year of fiscal ending March 31, 2023. For the quarter, the company expects to pay the dividend of JPY 9 per share.
For the full year, the company expects to pay the dividend of JPY 9 per share.
Toray Industries, Inc. is a diversified group organized around 5 areas of activity:
- fiber and textile production (38.2% of net sales): nylon, polyester, acrylic fibers, non-woven products, etc.;
- plastic and chemical manufacture (38.2%): resins, plastic films, fine chemicals, etc.;
- engineering and environmental services (10.3%): development, construction, and assembly of industrial units, manufacture of seawater desalinization equipment, wastewater treatment equipment, etc.;
- production of carbon fibers (9.7%);
- other (3.6%): primarily fabrication of pharmaceutical and medical products.
Net sales break down geographically as follows: Japan (44%), China (19.5%), Asia (19.8%) and other (16.7%).
Toray Industries, Inc. Announces Dividend for the Fiscal Year Ended March 31, 2022, Payable on June 24, 2022; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Ending March 31, 2023
TORAY INDUSTRIES, INC. 
