Japan's Toray Group maintains strong Q3 with $4.15 revenue in FY25

The core operating income of the company increased by 3.9 per cent year-over-year (YoY) to ¥29.6 billion, with the core operating income margin rising by 0.2 points to 4.7 per cent. The profit before tax (PBT) of the company grew 9.4 per cent to ¥29.9 billion, while profit attributable to owners of the parent rose 17.0 per cent to ¥19.7 billion, Toray said in its financial report.

The share of profit from investments accounted for using the equity method saw a notable increase of ¥3.6 billion, reaching ¥5.6 billion (~$36.94 million). Financial income and costs improved from ¥1.6 billion to break even, while special items saw a decline from ¥1.6 billion to ¥5.3 billion, impacting overall performance.

Nine-month (9M) financial

For the nine months, revenue increased by 5.2 per cent to ¥1,923.9 billion, up from ¥1,829.4 billion in the previous year. Core operating income saw a strong 40.9 per cent rise, reaching ¥108.8 billion, with the core operating income margin improving by 1.4 points to 5.7 per cent.

The profit before tax (PBT) surged 41.1 per cent to ¥107.6 billion (~$709.70 million), while profit attributable to owners of the parent increased 64.6 per cent, reaching ¥75.2 billion. Financial income and costs declined to ¥4.8 billion, while special items improved slightly to ¥4.9 billion. The share of profit from investments accounted for using the equity method fell slightly to ¥8.6 billion from ¥8.9 billion.

The capital expenditures (capex) of the company increased significantly to ¥144.5 billion (~$953.08 million), reflecting a ¥49.6 billion rise from ¥95.0 billion in the previous year. Toray’s capital expenditures more than doubled, reaching ¥41.1 billion, an increase of ¥22.2 billion.

Fibres and textiles segment reached ¥774.6 billion, an increase of 3.9 per cent, performance chemicals rose by 7.9 per cent to ¥712.0 billion, and carbon fibre composite materials rose 6.7 per cent to ¥223.2 billion.

Fibre2Fashion News Desk (SG)