Analysts have modestly raised their price target for Toray Industries from ¥1,095 to ¥1,107.08. This change reflects improved expectations for revenue growth and profit margins.
What's in the News
- Toray Industries, Inc. Board Meeting scheduled for November 14, 2025 to discuss additional share buybacks and other matters.
- The company revised its consolidated earnings guidance for fiscal year ending March 31, 2026, lowering expected revenue to JPY 2,630,000 million. Core operating income and profit remain unchanged. Basic earnings per share forecast increased to JPY 54.16.
- Dividend for the second quarter-end increased to JPY 10.00 per share, up from JPY 9.00 per share. Payment is scheduled for December 2, 2025.
- The Board authorized a share repurchase program of up to 63,000,000 shares, or 4.2% of issued share capital, for ¥50,000 million. Repurchased shares will be cancelled, with the program running until May 31, 2026.
- Recent buyback tranches completed, with 3,056,500 shares repurchased in October 2025. From July to September 2025, 25,566,600 shares were repurchased, continuing ongoing efforts to improve capital efficiency. (Key Developments)
Valuation Changes
- Consensus Analyst Price Target has risen slightly from ¥1,095 to ¥1,107.08.
- Discount Rate has decreased modestly from 6.47% to 6.40%.
- Revenue Growth expectation increased from 4.75% to 5.33%.
- Net Profit Margin forecast improved from 4.24% to 4.36%.
- Future P/E ratio estimate has declined from 14.23x to 13.39x.
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