- Q. I would like to know more about the business strategy of Toray Group.
- Q. In which businesses does Toray operate?
- Q. I would like to know more about IT-related Products businesses.
- Q. I would like to know more about carbon fiber businesses.
- Q. Which area does Toray intend to allocate its capital expenditures in the future?
- Q. What kind of research and development does Toray Group do?
- Q. How much is Toray Group's R&D investments?
Q. I would like to know more about the business strategy of Toray Group.
A. Toray Group has formulated a long-term corporate vision in the span of ten years, and in order to realize the goals, we have designed new mid-term business strategies clarifying management issues to be addressed. Please see more explanation on Business Strategy.
Q. In which businesses does Toray operate?
A. Toray Group divides its businesses into six segments of Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science & Other Businesses. Furthermore, please go to Toray Six Business Segments.
Q. I would like to know more about IT-related Products businesses.
A. Toray Group supplies a wide range of products to the IT-related products market such as personal computers, cellular phones, flat panel displays, and others. Please find more information in IT-related Products.
Q. I would like to know more about carbon fiber businesses.
A. Lightweight (1/4 specific gravity of steel) and strong (10 times as strong as steel), carbon fibers are widely used in various applications such as aircraft, industrial use including automobile parts, and sporting applications, etc. Toray started full-scale commercial production of polyacrylonitrile (PAN)-based carbon fibers in 1971, and the Group has grown to be world number one carbon fiber manufacturer with 34% of world market share. Click here for more information about Carbon Fiber Composite Materials.
Q. Which area does Toray intend to allocate its capital expenditures in the future?
A. Toray Group categorizes its Fibers & Textiles and Plastics & Chemicals businesses as "Foundation Businesses," IT-related Products and Carbon Fiber Composite Materials as "Strategically Expanding Businesses," while Environment & Engineering and Life Science & Other Businesses are grouped as "Strategically Developing Businesses." Stable earnings turned on from the Foundation Businesses will be allocated intensively to the Strategically Expanding and Developing Businesses as capital expenditures. Over the five-year period from fiscal year 2006 to 2010, we plan to make total capital investment of around 600 billion yen. Two-thirds of this amount will be allocated to areas targeted for growth, and one-third to infrastructure development or improvement. As for the former figure, 75% will be invested to Strategically Expanding and Developing Businesses, while 25% to Foundation Businesses.
Q. What kind of research and development does Toray Group do?
A. Toray Group has focused on technological innovation through integration of technologies based on its core technologies in polymer chemistry, organic synthetic chemistry, and biotechnology. In recent years, Toray has developed various advanced materials with the addition of nanotechnology as a new core technology. For more information, please go to R&D.
