Analyst Coverage

The following is a list of the main analysts covering Toray Industries, Inc.

Company (Alphabetical order)

Company Analyst
Citi Investment Research & Analysis Mr. Atsushi Ikeda
Daiwa Securities Co., Ltd. Mr. Hidemitsu Umebayashi
Goldman Sachs Japan Co., Ltd. Mr. Shuhei Nakamura
IwaiCosmo Holdings, Inc. Mr. Kazuyoshi Saito
Jefferies Japan Limited Mr. Yoshihiro Azuma
Merrill Lynch Japan Securities Co., Ltd. Ms. Akiko Kuwahara
Mizuho Securities Co., Ltd. Mr. Mikiya Yamada
Morgan Stanley MUFG Securities Co., Ltd. Mr. Takato Watabe
NOMURA SECURITIES CO., LTD. Mr. Shigeki Okazaki
Okasan Securities Co., Ltd. Mr. Takashi Nishihira
SMBC Nikko Securities Inc. Mr. Shinobu Takeuchi
Tokai Tokyo Research Center Co., Ltd. Mr. Shuuichi Nakahara
UBS Securities Japan Co., Ltd. Mr. Go Miyamoto

As of July 31, 2017

* The above is a list of analysts confirmed by Toray Industries to publish reports of Toray Industries.

This list is made by Toray solely based on its own criteria. Please note it is possible there are other analysts who cover Toray and that the list may not be complete or updated. Furthermore, Toray does not back up nor support those analysts on the list. The information in this table is solely for informational purposes, and is not intended as a solicitation to make investments.
Estimates and forecasts regarding Toray's performance made by these analysts are theirs alone and not those of Toray's. Toray does not imply its endorsement of or concurrence with such estimates, opinions and recommendation.
If you actually intend to trade stock, please make such stock traded in accordance with your own judgment.

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