Toray Industries Management

Management criteria checks 3/4

Toray Industries' CEO is Mitsuo Ohya, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is ¥124.00M, comprised of 71% salary and 29% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €446.02K. The average tenure of the management team and the board of directors is 8.4 years and 5.8 years respectively.

Key information

Mitsuo Ohya

Chief executive officer

JP¥124.0m

Total compensation

CEO salary percentage	71.0%
CEO tenure	1.4yrs
CEO ownership	0.005%
Management average tenure	8.4yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mitsuo Ohya's remuneration changed compared to Toray Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	JP¥49b
Jun 30 2024	n/a	n/a	JP¥35b
Mar 31 2024	JP¥124m	JP¥88m	JP¥22b

Compensation vs Market: Mitsuo's total compensation ($USD803.64K) is below average for companies of similar size in the German market ($USD3.50M).

Compensation vs Earnings: Insufficient data to compare Mitsuo's compensation with company performance.

CEO

Mitsuo Ohya (68 yo)

1.4yrs

Tenure

JP¥124,000,000

Compensation

Mr. Mitsuo Ohya serves as President & Representative Director at Toray Industries, Inc. since June 2023 and also served Executive Vice President of Legal & Compliance Division (Security TradeAdministration...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mitsuo Ohya	President & Representative Director	1.4yrs	JP¥124.00m	0.0050% € 446.0k
Masahiko Okamoto	Managing Executive Officer	4.8yrs	no data	0.0021% € 189.5k
Koichi Abe	EVP of IP Div	no data	no data	no data
Satoru Hagiwara	General Manager of the Technology Center	2.4yrs	no data	0.0056% € 502.3k
Hiroshi Otani	Senior VP	10.4yrs	no data	no data
Hirofumi Kobayashi	Senior Vice President of Pharmaceuticals & Medical Products Division	8.4yrs	no data	no data
Kazuhiko Shuto	Executive Officer Director	8.4yrs	no data	0.0034% € 301.2k
Tetsuya Tsunekawa	Senior Managing Executive Officer	8.4yrs	no data	0.0040% € 356.6k
Shigeki Taniguchi	Senior Vice President of Human Resources Division	8.4yrs	no data	no data
Kenichiro Miki	Senior Vice President of Fibers & Textiles Division and Osaka Head Office	no data	no data	no data
Kazuyuki Adachi	Senior VP	6.8yrs	no data	0.0027% € 245.8k

8.4yrs

Average Tenure

67yo

Average Age

Experienced Management: TOR1's management team is seasoned and experienced (8.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mitsuo Ohya	President & Representative Director	12.8yrs	JP¥124.00m	0.0050% € 446.0k
Masahiko Okamoto	Managing Executive Officer	4.8yrs	no data	0.0021% € 189.5k
Satoru Hagiwara	General Manager of the Technology Center	12.8yrs	no data	0.0056% € 502.3k
Kazuhiko Shuto	Executive Officer Director	2.4yrs	no data	0.0034% € 301.2k
Tetsuya Tsunekawa	Senior Managing Executive Officer	1.8yrs	no data	0.0040% € 356.6k
Kazuyuki Adachi	Senior VP	6.8yrs	no data	0.0027% € 245.8k
Akihiro Nikkaku	Chairman	22.8yrs	JP¥143.00m	0.012% € 1.1m
Kunio Ito	Independent Outside Director	10.4yrs	no data	0.0038% € 340.6k
Susumu Kaminaga	Independent Outside Director	4.4yrs	no data	0.00025% € 22.3k
Ryoji Noyori	Independent Outside Director	9.4yrs	no data	0.0014% € 128.7k
Yuko Harayama	Independent Outside Director	1.8yrs	no data	no data
Kazuo Futagawa	Independent Outside Director	4.4yrs	no data	0.00031% € 27.7k

5.8yrs

Average Tenure

68yo

Average Age

Experienced Board: TOR1's board of directors are considered experienced (5.8 years average tenure).

Toray Industries Management

Management criteria checks 3/4

Key information

Recent management updates

Toray Industries, Inc., Annual General Meeting, Jun 25, 2024

Toray Industries, Inc., Annual General Meeting, Jun 27, 2023

Less than half of directors are independent

Toray Industries, Inc., Annual General Meeting, Jun 23, 2022

Less than half of directors are independent

Recent updates

Second quarter 2025 earnings released: EPS: JP¥17.89 (vs JP¥9.32 in 2Q 2024)

Investor sentiment improves as stock rises 17%

Toray Industries, Inc. (TSE:3402) announces an Equity Buyback for 155,000,000 shares, representing 9.67% for ¥100,000 million.

Toray Industries, Inc. (TSE:3402) announces an Equity Buyback for 155,000,000 shares, representing 9.67% for ¥100,000 million.

Upcoming dividend of JP¥9.00 per share

Toray Industries, Inc. to Report Q2, 2025 Results on Nov 07, 2024

Toray Industries, Inc. Revises Consolidated Earnings Guidance for the Six Months Ending September 30, 2024

Toray Industries, Inc. to Report Q1, 2025 Results on Aug 07, 2024

Final dividend of JP¥9.00 announced

New minor risk - Earnings quality

Full year 2024 earnings released: EPS: JP¥13.67 (vs JP¥45.49 in FY 2023)

Toray Industries, Inc., Annual General Meeting, Jun 25, 2024

Toray Industries, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ended March 31, 2024

Toray Industries, Inc. to Report Fiscal Year 2024 Results on May 13, 2024

Upcoming dividend of JP¥9.00 per share

Third quarter 2024 earnings released: EPS: JP¥10.48 (vs JP¥9.65 in 3Q 2023)

Toray Industries, Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024

Toray Industries, Inc. to Report Q3, 2024 Results on Feb 08, 2024

Second quarter 2024 earnings released: EPS: JP¥9.32 (vs JP¥11.99 in 2Q 2023)

Toray Industries, Inc. Develops TORAYCA™ T1200, the Ultra-High-Strength Carbon Fiber

Toray Industries, Inc. to Report Q2, 2024 Results on Nov 08, 2023

Upcoming dividend of JP¥9.00 per share at 2.2% yield

New minor risk - Earnings quality

First quarter 2024 earnings released: EPS: JP¥8.71 (vs JP¥24.94 in 1Q 2023)

Toray Industries, Inc. to Report Q1, 2024 Results on Aug 07, 2023

Full year 2023 earnings released: EPS: JP¥45.49 (vs JP¥52.63 in FY 2022)

Toray Industries, Inc., Annual General Meeting, Jun 27, 2023

Upcoming dividend of JP¥9.00 per share at 2.4% yield

Third quarter 2023 earnings released: EPS: JP¥9.65 (vs JP¥17.73 in 3Q 2022)

Toray Industries, Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023

Toray Industries, Inc. to Report Q3, 2023 Results on Feb 08, 2023

Now 20% undervalued

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥18.46 (vs JP¥19.49 in 2Q 2022)

Toray Industries, Inc. Provides Consolidated Earnings Guidance for the Year 2023

Upcoming dividend of JP¥9.00 per share

Toray Industries, Inc. to Report Q2, 2023 Results on Nov 08, 2022

First quarter 2023 earnings released: EPS: JP¥24.94 (vs JP¥18.58 in 1Q 2022)

Toray Industries, Inc. Provides Dividend Guidance for the Second Quarter Ending September 30, 2022 and Full Year Ending March 31, 2023

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: JP¥52.63 (vs JP¥28.62 in FY 2021)

Toray Industries, Inc., Annual General Meeting, Jun 23, 2022

Less than half of directors are independent

Toray Industries, Inc. to Report Fiscal Year 2022 Results on May 13, 2022

Upcoming dividend of JP¥8.00 per share

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Toray Industries, Inc. Provides Dividend Guidance for the Full Year Ending March 31, 2022

Second quarter 2022 earnings released: EPS JP¥19.49 (vs JP¥3.12 loss in 2Q 2021)

Upcoming dividend of JP¥8.00 per share

Shintaro Matsuki acquired remaining stake in Sakai Ovex Co.,Ltd. (TSE:3408) from group of shareholders.

Toray Industries, Inc. Provides Earnings Guidance for the Six Months and Full Year of Fiscal Ending March 31, 2022

First quarter 2022 earnings released: EPS JP¥18.57 (vs JP¥5.91 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥28.62 (vs JP¥34.83 in FY 2020)

The Japan Wool Textile Co., Ltd. (TSE:3201) concluded a share exchange agreement to acquire remaining 67.1% stake in Fuji Corporation (JASDAQ:3515) from a group of shareholders for ¥1.9 billion.

Full year 2021 earnings released: EPS JP¥28.62 (vs JP¥34.83 in FY 2020)

Toray Industries, Inc. Announces Dividend Guidance for the First and Second Half of Fiscal Year 2022

Upcoming dividend of JP¥4.50 per share

Revenue beats expectations

Third quarter 2021 earnings released: EPS JP¥14.64 (vs JP¥12.82 in 3Q 2020)

Toray Industries, Inc. Provides Year End Dividend Guidance for the Year Ending March 31, 2021

New 90-day high: €6.00

Investor sentiment improved over the past week

New 90-day high: €5.10

Toray Industries, Inc. to Report Q3, 2021 Results on Feb 09, 2021

New 90-day high: €4.86

Second quarter 2021 earnings released: JP¥3.12 loss per share

Revenue beats expectations

New 90-day high: €4.12

Toray Industries, Inc. to Report Q2, 2021 Results on Nov 06, 2020

Nippon Shokubai Co., Ltd. (TSE:4114) executed a final agreement to acquire remaining 95% stake in Sanyo Chemical Industries Ltd. (TSE:4471) for approximately ¥120 billion in a merger of equals.