TSE:3402Chemicals
Will Toray’s (TSE:3402) Sony Renewable Plastics Role Offset Stagnant Earnings in its Investment Narrative?
In February 2026, Toray Industries reported nine‑month results showing broadly flat sales at ¥1,919,493 million but lower net income of ¥40,164 million year on year, and also updated full‑year guidance with revenue trimmed to ¥2,600,000 million while core operating income and profit forecasts were maintained.
At the same time, Toray joined a 14‑company, five‑country renewable plastics supply chain for Sony’s audio‑visual products and reshaped its senior leadership, signaling a focus on...