TORAY INDUSTRIES, INC.
3402・Prime Market・Textiles & Apparels
Governance
As a company with a Board of Corporate Auditors, the board is composed of 6 internal directors and 4 outside directors (10 in total). The company has established a Governance Committee (chaired by an outside director) as an advisory body to the Board of Directors to deliberate on nominations and compensation. It has also introduced an executive officer system to separate oversight from execution.
Risk Management
The company has established a Risk Management Committee as a company-wide committee that regularly identifies and evaluates risks. Following its endorsement of TCFD in 2019, the company has conducted climate change scenario analysis (both qualitative and quantitative) and published TCFD Report Ver.2.1 in 2024, positioning climate change risk as a relatively high-priority risk for management.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥20 per share (interim ¥10, year-end ¥10), with a payout ratio of 37.8%. The forecast for FY2027 (ending March 2027) is ¥26 (interim ¥13, including a commemorative dividend of ¥3, and year-end ¥13), with a projected payout ratio of 42.1%. The Company conducted share buybacks totaling ¥111,697 million during the current fiscal year.
Dividend Policy
The policy is to pay stable and continuous appropriate dividends, taking into comprehensive account business performance trends, financial soundness, retained earnings, and other factors. Dividends are paid twice a year, at the interim and year-end. The actual annual dividend for FY2026 (ending March 2026) was ¥20 per share (payout ratio of 37.8%; ratio to equity attributable to owners of parent of 1.7%). The forecast annual dividend for FY2027 (ending March 2027) is ¥26 per share (including a commemorative dividend of ¥3 at the end of the second quarter), with a projected payout ratio of 42.1%. Share buybacks totaling ¥111,697 million were conducted during the current fiscal year (treasury shares at fiscal year-end: 48,344,096 shares).
ESG
The company has designated the four domains of CN, CE, NP, and WL as priority sustainability areas, setting a non-financial KPI of a 35% reduction in GHG emissions (versus FY2013, targeted for FY2035). In terms of human capital, priority initiatives focus on developing R&D, digital, and global talent, and a governance framework has been established whereby the Board of Directors receives reports on sustainability-related matters at least once a year and provides oversight.
Last updated: June 22, 2026