Toray Industries, Inc. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2021
November 02, 2021 at 03:30 am EDT
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Toray Industries, Inc. revised consolidated earnings guidance for the six months ended September 30, 2021. For the six months, the company excepts Revenue of JPY 1,063,000 million against JPY 1,065,000 million excepted earlier, Core operating income of JPY 70,200 million against JPY 60,000 million excepted earlier, Profit attributable to owners of parent of JPY 60,900 million against JPY 45,000 million excepted earlier, Basic earnings per share JPY 38.05 against JPY 28.11 excepted earlier.
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. 
