Toray Industries, Inc. Provides Dividend Guidance for the Second Quarter Ending September 30, 2024 and Full Year Ending March 31, 2025; Declares Cash Dividend for the Year Ended March 31, 2024, Payable on June 26, 2024
May 12, 2024 at 11:00 pm
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Toray Industries, Inc. provided dividend guidance for the second quarter ending September 30, 2024 and full year ending March 31, 2025. For the quarter, the company expects to pay a dividend of ¥9 against ¥9 a year ago.
For the year, the company expects to pay a dividend of ¥9 against ¥9 a year ago.
The company declared a cash dividend of ¥9 per share for the year ended March 31, 2024. Scheduled date to commence dividend payments on June 26, 2024.
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. Provides Dividend Guidance for the Second Quarter Ending September 30, 2024 and Full Year Ending March 31, 2025; Declares Cash Dividend for the Year Ended March 31, 2024, Payable on June 26, 2024
TORAY INDUSTRIES, INC. 
