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Toray Industries (3402) · InitiativeWorsenedLatest Results presentation materials (2026-08-06): "Advanced"

Strategic Expansion of the Carbon-Fiber Composite Materials Business

First written in FY2016. 23 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-06.

40entries
11years
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ProgressHeldSoftenedWorseAdvancedFY2022 – FY2024-Q22016: 320162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 42026
Same theme, other companies

1 other company's latest entry also says "Advanced".

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  1. FY2026WorsenedAnnual report

    「As a result, total revenue for the carbon fiber composite materials business was broadly flat from the previous fiscal year at ¥300.1 billion, while business profit decreased 21.7% to ¥17.6 billion.」

    Although aerospace applications recovered, business profit decreased 21.7% from the previous fiscal year due to adjustment in general industrial applications such as pressure vessels and the delayed recovery in wind turbine blade applications.
  2. 2026-05-13AdvancedResults presentation materials

    「ラージトウは、風力発電翼用途、耐炎糸の拡販に加え、固定費削減等の構造改革を推進」

    炭素繊維複合材料事業について、ラージトウの拡販と固定費削減等の構造改革を組み合わせ、2027年3月期の事業利益240億円を計画している。
  3. FY2026-H1WorsenedAnnual report

    「Actual demand in aerospace applications was recovering, but the business was affected by inventory adjustments in the supply chain and an adverse foreign exchange impact due to the stronger yen. In general industrial applications, pressure vessel applications entered an adjustment phase. As a result, total revenue for the carbon fiber composite materials business decreased 11.4% year on year to ¥135.4 billion, while business profit decreased 19.6% to ¥9.4 billion.」

    Although actual demand in aerospace applications was recovering, the carbon fiber composite materials business recorded lower revenue and business profit due to inventory adjustments, the stronger yen and adjustment in pressure vessel applications.
  4. FY2025AdvancedAnnual report

    「As a result, total revenue for the carbon fiber composite materials business increased 3.3% from the previous fiscal year to ¥300.0 billion, while business profit increased 70.7% to ¥22.5 billion.」

    Against a backdrop of recovery in aerospace applications and a gradual recovery in wind turbine blade applications, the carbon fiber composite materials business recorded revenue of ¥300.0 billion and business profit of ¥22.5 billion.
  5. FY2025-H1AdvancedAnnual report

    「Aerospace applications continued to recover steadily, while wind turbine blade applications also showed a gradual recovery. As a result, total revenue for the carbon fiber composite materials business increased 8.3% year on year to ¥152.8 billion, while business profit increased 54.4% to ¥11.7 billion.」

    In the carbon fiber composite materials business, recovery in aerospace applications continued, while wind turbine blade applications also showed a gradual recovery. Revenue increased 8.3% and business profit increased 54.4%.
  6. FY2024WorsenedAnnual report

    「Aerospace applications continued to recover steadily, but wind turbine blade applications entered an adjustment phase and demand in general industrial applications, including pressure vessels, softened. As a result, total revenue for the carbon fiber composite materials business increased 3.1% from the previous fiscal year to ¥290.5 billion, while business profit decreased 17.2% to ¥13.2 billion.」

    Although aerospace applications recovered and revenue increased, business profit decreased 17.2% due to weakness in wind turbine blade and general industrial applications.
  7. FY2024-Q3Recovery in aerospace applications alongside weakness in general industrial applicationsAnnual report

    「Aerospace applications continued to recover steadily, but wind turbine blade applications entered an adjustment phase and demand in general industrial applications, including pressure vessels, softened. As a result, total revenue for the carbon fiber composite materials business decreased 0.9% year on year to ¥209.3 billion, while business profit decreased 3.7% to ¥11.4 billion.」

    Although recovery in aerospace applications continued, the business recorded lower revenue and business profit because wind turbine blade applications entered an adjustment phase and demand in general industrial applications, including pressure vessels, also softened.
  8. FY2024-Q2AdvancedAnnual report

    「Although wind turbine blade applications entered an adjustment phase, demand in aerospace applications showed signs of recovery, while pressure vessel applications expanded in general industrial applications. As a result, total revenue for the carbon fiber composite materials business increased 0.8% year on year to ¥141.1 billion, while business profit increased 35.9% to ¥7.6 billion.」

    Although wind turbine blade applications were undergoing adjustment, the carbon fiber composite materials business recorded higher revenue and business profit due to recovery in aerospace applications and expansion of pressure vessel applications.
  9. FY2024-Q1AdvancedAnnual report

    「Although wind turbine blade applications entered an adjustment phase, demand in aerospace applications showed signs of recovery, while pressure vessel applications expanded in general industrial applications. As a result, total revenue for the carbon fiber composite materials business increased 0.2% year on year to ¥68.7 billion, while business profit increased 13.8% to ¥2.7 billion.」

    Although wind turbine blade applications were undergoing adjustment, the carbon fiber composite materials business recorded revenue of ¥68.7 billion and business profit of ¥2.7 billion, with profit increasing year on year due to progress in aerospace and pressure vessel applications.
  10. FY2023AdvancedAnnual report

    「As a result, total revenue for the carbon fiber composite materials business increased 30.9% from the previous fiscal year to ¥281.7 billion, while business profit increased by ¥14.3 billion to ¥15.9 billion.」

    Revenue and business profit in the carbon fiber composite materials business increased from the previous fiscal year against a backdrop of recovery in aerospace applications, expansion of pressure vessel applications and price pass-through.
  11. FY2023-Q3AdvancedAnnual report

    「Demand in aerospace applications showed signs of recovery, while pressure vessel applications expanded in general industrial applications. The company also promoted price pass-through in response to higher raw material and fuel prices. As a result, total revenue for the carbon fiber composite materials business increased 37.9% year on year to ¥211.2 billion, while business profit increased by ¥13.7 billion to ¥11.8 billion.」

    The carbon fiber composite materials business recorded higher revenue, and business profit increased by ¥13.7 billion from the previous year, driven by recovery in aerospace applications, expansion of pressure vessel applications and progress on price pass-through.
  12. FY2023-Q2AdvancedAnnual report

    「Although the business was affected by higher raw material and fuel prices and the sluggish build rate of commercial passenger aircraft in aerospace applications, wind turbine blade and pressure vessel applications expanded in general industrial applications, while sports applications grew. The company also promoted price pass-through. As a result, total revenue for the carbon fiber composite materials business increased 41.5% year on year to ¥140.0 billion, while business profit increased by ¥9.2 billion to ¥5.6 billion.」

    Although weakness in aerospace applications and higher raw material and fuel prices persisted, business profit increased by ¥9.2 billion year on year to ¥5.6 billion due to the expansion of wind turbine blade, pressure vessel and sports applications and price pass-through.
  13. FY2023-Q1AdvancedAnnual report

    「Although the business was affected by higher raw material and fuel prices and the sluggish build rate of commercial passenger aircraft in aerospace applications, wind turbine blade and pressure vessel applications expanded in general industrial applications, while sports applications grew. The company also promoted price pass-through. As a result, total revenue for the carbon fiber composite materials business increased 41.4% year on year to ¥68.6 billion, while business profit increased by ¥4.5 billion to ¥2.4 billion.」

    In the carbon fiber composite materials business, weakness in aerospace applications and higher raw material and fuel prices persisted, but wind turbine blade, pressure vessel and sports applications expanded, supporting higher revenue and a return to business profit. The company is also promoting price pass-through.
  14. FY2022AdvancedAnnual report

    「As a result, total revenue for the carbon fiber composite materials business increased 17.7% from the previous fiscal year to ¥215.2 billion, while business profit increased by ¥9.1 billion to ¥1.6 billion.」

    The carbon fiber composite materials business recorded higher revenue due to the expansion of wind turbine blade, pressure vessel and sports applications, while business profit turned from a loss of ¥7.5 billion in the previous fiscal year to a profit of ¥1.6 billion.
  15. FY2022-Q3Revenue growth and narrower lossesAnnual report

    「Although the business was affected by higher raw material prices and the decline in the build rate of commercial passenger aircraft in aerospace applications, wind turbine blade applications continued to expand in general industrial applications, while sports applications remained strong. The company also promoted price pass-through. As a result, total revenue for the carbon fiber composite materials business increased 13.5% year on year to ¥153.2 billion, while business profit increased by ¥1.8 billion to a loss of ¥1.9 billion.」

    Although weakness in aerospace applications and higher raw material prices continued, the carbon fiber composite materials business recorded higher revenue due to the expansion of wind turbine blade applications, strong performance in sports applications and progress on price pass-through. The business profit loss also narrowed from the previous year.
  16. FY2022-Q2WorsenedAnnual report

    「In general industrial applications, wind turbine blade and sports applications performed well, but aerospace applications were affected by a decline in the build rate of commercial passenger aircraft. The business was also affected by higher raw material prices. As a result, total revenue for the carbon fiber composite materials business increased 10.8% year on year to ¥98.9 billion, while business profit decreased by ¥3.3 billion to a loss of ¥3.6 billion.」

    Although wind turbine blade and sports applications performed well, business profit in the carbon fiber composite materials business fell to a loss of ¥3.6 billion due to the decline in the build rate of commercial passenger aircraft and higher raw material prices, and profitability continued to deteriorate.
  17. FY2022-Q1WorsenedAnnual report

    「As a result, total revenue for the carbon fiber composite materials business increased 6.9% year on year to ¥48.5 billion, while business profit decreased by ¥3.8 billion to a loss of ¥2.1 billion.」

    Although general industrial and sports applications performed well and revenue increased, business profit fell to a loss of ¥2.1 billion due to the decline in the build rate of commercial passenger aircraft and higher raw material prices.
  18. FY2021WorsenedAnnual report

    「As a result, total revenue for the carbon fiber composite materials business decreased 22.8% from the previous fiscal year to ¥182.9 billion, while business profit decreased by ¥30.1 billion to a loss of ¥7.5 billion.」

    Affected by weak demand for aircraft, the carbon fiber composite materials business recorded lower revenue, while business profit fell to a loss of ¥7.5 billion, indicating deterioration in the profitability of the strategically expanding business.
  19. FY2021-Q3WorsenedAnnual report

    「As a result, total revenue for the carbon fiber composite materials business decreased 24.8% year on year to ¥134.9 billion, while business profit decreased by ¥21.8 billion to a loss of ¥3.7 billion.」

    Although wind turbine blade applications remained solid, the carbon fiber composite materials business recorded substantially lower revenue due to the decline in the build rate of commercial passenger aircraft, and business profit fell into a loss, down ¥21.8 billion year on year.
  20. FY2021-Q2WorsenedAnnual report

    「In general industrial applications, wind turbine blade applications remained solid, but aerospace applications were affected by a decline in the build rate of commercial passenger aircraft. As a result, total revenue for the carbon fiber composite materials business decreased 25.5% year on year to ¥89.3 billion, while business profit decreased by ¥12.1 billion to a loss of ¥300 million.」

    Although wind turbine blade applications remained solid, the carbon fiber composite materials business recorded lower revenue and business profit turned into a loss due to the decline in the build rate of commercial passenger aircraft.
  21. FY2021-Q1Lower revenue and operating income due to declining aerospace demandAnnual report

    「In general industrial applications, wind turbine blade and enclosure applications remained solid, but aerospace applications were affected by a decline in the build rate of large passenger aircraft. As a result, total revenue for the carbon fiber composite materials business decreased 26.2% year on year to ¥45.4 billion, while business profit decreased 73.4% to ¥1.7 billion.」

    Although wind turbine blade and enclosure applications remained solid, the carbon fiber composite materials business recorded substantially lower revenue and business profit due to the decline in the build rate of large passenger aircraft.
  22. FY2020AdvancedAnnual report

    「As a result, total revenue for the carbon fiber composite materials business increased 9.7% from the previous fiscal year to ¥236.9 billion, while operating income increased 81.6% to ¥21.0 billion.」

    The carbon fiber composite materials business saw revenue and operating income increase against a backdrop of demand for aircraft, environmental and energy applications, and sports applications. Operating income increased 81.6%.
  23. FY2020-Q3AdvancedAnnual report

    「Demand from the aerospace sector expanded, while general industrial applications related to the environment and energy, such as compressed natural gas tanks and wind turbine blades, also performed well, and demand for sports applications recovered. Overall, performance remained solid. As a result, total revenue from the carbon fiber composite materials business increased 16.8% year on year to ¥180.2 billion, while operating profit rose 98.5% to ¥16.6 billion.」

    Against a backdrop of expanding and recovering demand for aircraft, environmental and energy applications, and sports applications, the carbon fiber composite materials business recorded higher revenue and operating income, with revenue of ¥180.2 billion and operating income of ¥16.6 billion.
  24. FY2020-Q2AdvancedAnnual report

    「Overall business conditions remained solid, as demand for aircraft expanded, general industrial applications related to the environment and energy, such as compressed natural gas tanks and wind turbine blades, performed well, and demand for sports applications recovered. As a result, total revenue for the carbon fiber composite materials business increased 24.9% year on year to ¥120.5 billion, while operating income increased 79.9% to ¥10.7 billion.」

    Against a backdrop of expanding and recovering demand for aircraft, environmental and energy applications, and sports applications, revenue in the carbon fiber composite materials business increased 24.9% and operating income increased 79.9%.
  25. FY2020-Q1AdvancedAnnual report

    「Demand for aircraft applications expanded, general industrial applications related to the environment and energy, such as compressed natural gas tanks and wind-turbine blades, performed well, and demand for sports applications recovered. Overall, business conditions remained firm. As a result, the Carbon Fiber Composite Materials business as a whole posted revenue of ¥61.5 billion, up 34.4% from the same period of the previous year, and operating profit of ¥5.9 billion, up 90.4%.」

    Against a backdrop of expanding demand for aircraft, environmental and energy applications, and other uses, the carbon fiber composite materials business recorded higher revenue and operating income, with revenue of ¥61.5 billion and operating income of ¥5.9 billion.
  26. FY2019AdvancedAnnual report

    「As a result, the Company developed a new carbon fiber, “TORAYCA® MX Series,” by pursuing both fiber strength and modulus, which are generally a trade-off, to the limit. The technology precisely controls and improves the orientation of graphite crystal structures inside the fiber at a finer nanoscale than before, increasing strength by approximately 30% while maintaining a modulus equivalent to that of conventional carbon fiber.」

    In the carbon fiber composite materials business, development is progressing on a new product that improves strength by approximately 30% while maintaining its modulus of elasticity. Meanwhile, annual operating income decreased 44.4% year on year.
  27. FY2019-Q3RestatedAnnual report

    「In aerospace applications, demand remained generally solid following the completion of inventory adjustments in the aircraft supply chain. In general industrial applications, demand overall showed signs of recovery, particularly for environment- and energy-related applications such as compressed natural gas tanks and wind turbine blades. As a result, total revenue for the carbon fiber composite materials business increased 20.4% year on year to ¥154.3 billion, while operating income decreased 44.4% to ¥8.4 billion.」

    The recovery in aerospace applications following the completion of inventory adjustments and the recovery trend in demand for environment- and energy-related applications continued, but factors weighing on profitability also persisted.
  28. FY2019-Q2AdvancedAnnual report

    「In aerospace applications, demand remained generally solid following the completion of inventory adjustments in the aircraft supply chain. In general industrial applications, demand overall showed signs of recovery, particularly for environment- and energy-related applications such as compressed natural gas tanks and wind turbine blades. However, the business was affected by higher raw material prices and intensifying competition, while costs increased at an overseas composites subsidiary in connection with the launch of new projects, and expenses were incurred in connection with the acquisition of all shares of TenCate Advanced Composites Holding B.V. As a result, total revenue for the carbon fiber composite materials business increased 13.7% year on year to ¥96.5 billion, while operating income decreased 43.0% to ¥6.0 billion.」

    Revenue increased against a backdrop of completed inventory adjustments in aerospace applications and recovering demand in environment- and energy-related applications. Operating income declined due to new project launch costs, acquisition-related expenses, higher raw material prices and intensifying competition.
  29. FY2019-Q1AdvancedAnnual report

    「By investing the broad range of carbon fiber technologies and polymer technologies in which we excel in the product lineup in which TCAC specializes, we expect to generate significant synergies through this acquisition. By further integrating the sales channels of the two companies, we will be able to offer customers a broader product lineup. We will respond rapidly to the expanding small aircraft market and, over the medium to long term, pursue further business expansion in industrial applications such as automotive applications.」

    Having completed the acquisition of TenCate Advanced Composites, the company has entered the stage of expanding its product lineup by integrating its carbon fiber and polymer technologies and sales channels, and expanding the business in small aircraft and automotive applications.
  30. FY2018AdvancedAnnual report

    「The company also decided to introduce innovative process development equipment to create high-performance carbon fiber for the next generation.」

    The carbon fiber composite materials business decided to introduce innovative process development equipment and is also developing a new molding technology that will achieve approximately 50% energy savings.
  31. FY2018-Q3AdvancedAnnual report

    「In aerospace applications, inventory adjustments in the aircraft supply chain were completed, and shipments began to recover while end demand for aircraft remained solid. In general industrial applications, demand overall showed signs of recovery, particularly for environment- and energy-related applications such as compressed natural gas tanks and wind turbine blades. The business was also affected by higher raw material prices and intensifying competition. As a result, total revenue for the carbon fiber composite materials business increased 8.3% year on year to ¥128.2 billion, while operating income decreased 26.9% to ¥15.1 billion.」

    Inventory adjustments in the aerospace supply chain were completed and shipments began to recover, while demand in general industrial applications also showed signs of recovery. However, operating income declined due to higher raw material prices and intensifying competition.
  32. FY2018-Q2RestatedAnnual report

    「In aerospace applications, while end demand for aircraft remained solid and inventory adjustments in the supply chain were progressing, shipments had yet to recover fully. In general industrial applications, demand overall showed signs of recovery, particularly for environment- and energy-related applications such as compressed natural gas tanks and wind turbine blades. The business was also affected by higher raw material prices and intensifying competition.」

    Demand in the carbon fiber composite materials business is showing signs of recovery, particularly in environment- and energy-related applications, but aerospace applications have yet to recover fully, and the business has also been affected by higher raw material prices and intensifying competition.
  33. FY2018-Q1RestatedAnnual report

    「In aircraft applications, demand remained weak, reflecting inventory adjustments in the supply chain and other factors. In compressed natural gas tank applications, inventory adjustments had run their course, but shipments had yet to recover fully. Demand for wind turbine blade applications remained solid, although shipments were affected by factors including changes in shipment timing. As a result, total revenue for the carbon fiber composite materials business decreased 2.4% year on year to ¥42.7 billion, while operating income decreased 41.6% to ¥5.7 billion.」

    While recovery in aircraft and compressed natural gas tank applications remains weak, wind turbine blade applications remain solid, and the policy of expanding the carbon fiber composite materials business remains unchanged.
  34. FY2017AdvancedAnnual report

    「As a result, the company developed the world's highest-performance TORECA® prepreg, a carbon fiber-reinforced resin-impregnated sheet for next-generation aerospace applications, with tensile strength and impact resistance improved by 30% compared with conventional materials.」

    The company has achieved specific technological development results for prepreg for next-generation aerospace applications, improving tensile strength and impact resistance by 30% versus conventional materials.
  35. FY2017-Q3RestatedAnnual report

    「Final demand for aircraft remained solid, but demand for carbon fiber intermediate products, or prepreg, remained weak, reflecting inventory adjustments in the supply chain. Demand for compressed natural gas tanks remained sluggish due to the decline in crude oil prices. Meanwhile, shipments for wind turbine blade applications expanded against a backdrop of growing demand.」

    While demand for prepreg and compressed natural gas tank applications remained weak, shipments for wind turbine blade applications continued to expand.
  36. FY2017-Q2RestatedAnnual report

    「Final demand for aircraft remained solid, but demand for carbon fiber intermediate products, or prepreg, remained weak, reflecting inventory adjustments in the supply chain. Demand for compressed natural gas tanks remained sluggish due to the decline in crude oil prices. Meanwhile, shipments for wind turbine applications expanded steadily against a backdrop of strong demand.」

    In the carbon fiber composite materials business, prepreg and compressed natural gas tank applications remained weak, while shipments for wind turbine applications continued to expand. For the business as a whole, revenue declined 14.6% and operating profit fell 13.7%.
  37. FY2017-Q1AdvancedAnnual report

    「Meanwhile, shipments for wind turbine applications expanded steadily against a backdrop of strong demand.」

    Although the carbon fiber composite materials business as a whole reported lower revenue and profit, shipment expansion in wind turbine applications represented specific progress.
  38. FY2016First statedAnnual report

    「As one of the company's flagship “Number One” businesses and a strategically expanding business, it is pursuing research and technological development to expand its green innovation business and operations in Asia, emerging markets and the Americas.」

    The carbon fiber composite materials business is positioned as a flagship “Number One” business and a strategically expanding business. The disclosure also mentions the contribution of new facilities to increased production and the first shipment of components for mass-production MRJ aircraft.
Moved together

"Decline in Profitability and Impairment Losses in the Carbon Fiber Composite Materials Business" moved the same way as this thread, in the same document, in 22 of its 40 moves.

22151410108★123456
  1. ★This thread
  2. 1Decline in Profitability and Impairment Losses in the Carbon Fiber Composite Materials Business22×
  3. 2Making the Environmental and Engineering Business the Next Pillar of Revenue Growth15×
  4. 3Supply of Advanced Materials to Four Priority Areas14×
  5. 4Expanding Pharmaceutical and Medical Businesses in the Life Innovation Field10×
  6. 5Improving Asset Efficiency While Expanding the Business and Strengthening Financial Condition10×
  7. 6Technology Innovation and New Business Development Starting from Materials8×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Toray Industries's next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the Results presentation materials of 2026-08-06: "Advanced".
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