Toray Industries, Inc. Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for Full Year Ending March 31, 2023
November 07, 2022 at 10:30 pm EST
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Toray Industries, Inc. announced dividend for the second quarter of fiscal year ending March 31, 2023. For the second quarter, the company announced to pay dividend of ¥9.00 against ¥8.00 a year ago. Scheduled date to commence dividend payments: December 1, 2022.
For the year, the company expects to pay dividend of ¥9.00 against ¥8.00 a year ago.
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 Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for Full Year Ending March 31, 2023
TORAY INDUSTRIES, INC. 
