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Toray Industries, Inc. (TRYIF)
:TRYIF
Holding TRYIF?
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.09Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 09, 2018
|% Change Since: 20.74%
|Next Earnings Date:Aug 06, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with record high core operating income and significant revenue increases across key segments like Performance Chemicals and Carbon Fiber Composite Materials. However, challenges remain in asset management and specific segments like Life Science and Fibers & Textiles in Korea.Company Guidance
In the Q2 2025 earnings call for Toray Group, Masahiko Okamoto reported robust financial performance with consolidated revenue rising 7.9% to JPY 1,294.1 billion and core operating income soaring 62.6% to JPY 79.1 billion compared to the previous year. The company achieved a profit increase of 92.3% to JPY 55.5 billion. Notably, Toray has revised its fiscal year forecast upwards, now expecting revenue of JPY 2,590 billion, core operating income of JPY 145 billion, and profit of JPY 88 billion, based on an exchange rate assumption of JPY 140 to the U.S. dollar. Core segments such as Performance Chemicals saw significant gains, with core operating income in this segment surging 134.2% year-on-year. Toray also announced strategic initiatives including a share repurchase plan and a focus on capital efficiency, aiming to reduce cross-shareholdings by half from FY 2024 to 2026, utilizing proceeds for further buybacks.Record High Core Operating Income
Core operating income for the first 6 months reached JPY 79.1 billion, marking a 62.6% increase compared to the previous year and setting a record high.
Increased Revenue and Profit
Consolidated revenue for the 6 months increased by 7.9% to JPY 1,294.1 billion, and profit increased by 92.3% to JPY 55.5 billion compared to the same period last year.
Strong Performance in Performance Chemicals
Revenue in the Performance Chemicals segment increased by 10.3% to JPY 477.5 billion, with core operating income surging by 134.2% to JPY 34 billion.
Carbon Fiber Composite Materials Growth
The Carbon Fiber Composite Materials segment saw an 8.3% rise in revenue to JPY 152.8 billion, with core operating income increasing by 54.4% to JPY 11.7 billion.
Strategic Pricing Initiatives
Strategic pricing initiatives are expected to improve core operating income by more than JPY 10 billion, with effects already being seen ahead of schedule.
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TRYIF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TRYIF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $5.40 | $6.20 | +14.81% |
| Aug 07, 2024 | $4.80 | $5.08 | +5.83% |
| May 13, 2024 | $4.62 | $5.01 | +8.44% |
| Feb 08, 2024 | $5.04 | $4.68 | -7.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Toray Industries, Inc. (TRYIF) report earnings?
Toray Industries, Inc. (TRYIF) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Toray Industries, Inc. (TRYIF) earnings time?
Toray Industries, Inc. (TRYIF) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRYIF EPS forecast?
TRYIF EPS forecast for the fiscal quarter 2025 (Q3) is 0.09.
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