Chemicals & Materials

Toray Industries, Inc

Company Profile Analysis

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Toray Industries, Inc - Chemicals & Materials showcase

Year Founded & Workforce

1925-12-31

46,267 Employees

Industry

Chemicals & Materials

Services

T

Toray Industries, Inc Overview

Company Headquarters: Japan

Founded: 1926

Workforce: ~ 46,267

Company Working: Toray Industries, Inc. offers products through six operating business segments, namely, fibers & textiles, performance chemicals, environment & engineering, carbon fiber composite materials, life science, and others. The fibers & Textiles segment offers filament yarns, staple fibers, spun yarns, woven, and knitted fabrics of nylon. It offers industrial equipment and machinery, information-related equipment, water treatment membranes, and related equipment. The company also offers household water purifiers, pitchers, and under sink filters. Toray Industries, Inc. has operations in more than 26 countries, which include Germany, India, Spain, and the US. The company has approximately 257 subsidiaries, including Zoltek, CHORI CO., LTD., Toray Industries (America), Inc., and Toray BlueStar Membrane Co., Ltd.

Strategy

Toray Industries, Inc. focuses on taking advantage of business fields with growing potential and pursuing business expansion in the lucrative countries and regions, which enhances its cost competitiveness. It has been investing in research & development initiatives. The company is also focusing on three growth strategies—are total cost reduction, strengthening its corporate structure, and strengthening the sales & marketing efforts.

Company Snapshot

$19,594.2M

Revenue

46,267

Employees

1925-12-31

Founded

Japan

Headquarters

SWOT Analysis

Strengths

  • Increasing year-on-year revenue
  • Wide geographic presence—in around 27 countries
  • 2,444 patents on its name by 2017
  • Wide global presence
  • Expertise in pharma, chemicals, composite materials, and reverse osmosis for big membranes

Weaknesses

  • Reported debt of around USD 976.3 billion in 2017
  • Lack of large-scale projects in the water treatment segment

Opportunities

  • Strategic growth initiatives such as new product launches and acquisitions
  • Expansion in Asia-Pacific
  • Development of reverse osmosis membrane products

Threats

  • Intense competition
  • Natural calamities affecting Japan

Key Developments

DateApproachDevelopment
June 2021Product LaunchToray Industries, Inc., announced launching of the Torayvino Super Slim 607V faucet-mounted water purifier exclusively in Japan. The Torayvino Branch is Japan’s first water purification system to allow switching between tap and purified water by simply lifting a faucet lever.
June 2018PartnershipToray Industries, Inc. collaborated with ORIX Corporation ("ORIX"), and China Water Affairs Group Ltd., for a strategic partnership to undertake water treatment and aquatic environment projects in China.

Product Offering

  • Toray Industries, Inc
    • Polyamide 12
    • WaterPurifier

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Toray Industries, Inc as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Toray Industries, Inc

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