Message from the President

Through Value Creation, Three Years of Dramatic Growth

We would like to take this opportunity to thank you for the invaluable understanding and support you have extended to Toray Industries, Inc. and the Toray Group.

Toray Industries, Inc. started in 1926 as a rayon yarn production company. Since then, we have devoted ourselves to the development of new fields and materials as a basic materials manufacturer. In addition to the fibers and textiles created at the time of our establishment, we have gone on to create cutting-edge, high value-added products including plastic resins, fine chemicals, films, as well as carbon fiber composite materials, electronics & information-related products, pharmaceutical and medical products, and products for the water treatment and environmental fields.

Today, the Toray Group has expanded its business to 29 countries and regions all over the world, with over 300 group companies in Japan and overseas and revenue of approximately ¥2.5 trillion.

We will strive to expand earnings through a continuous growth cycle on a global scale by developing applications, in regions all over the world, for the high value-added products created in the manufacturing core that is Japan. Furthermore, we will boldly take on the challenge of “innovation and resilience management” in our Medium-Term Management Program Project AP-G 2025 to further enhance our corporate value.

Sustainability Management for beyond Our Hundredth Year

Our business activities have become what they are today due to the many blessings bestowed upon us by the natural environment and society. Going forward, we in the Toray Group will continue to place great value on sustainability, and regard “safety, accident prevention and environmental preservation” and “corporate ethics and legal compliance” as top managerial priorities. By offering products and services that are beneficial to society, we hope to repay the goodwill offered to us, and in turn live up to the expectations of our stakeholders.

In April 2026, Toray celebrates the 100th anniversary of its founding. As we approach this major milestone, we will look back on our history and carefully carry forward the aspirations that have guided us since our founding and move forward into a new future based on our Corporate Philosophy, “Contributing to society through the creation of new value with innovative ideas, technologies and products.”

We hope you will continue to lend us your support and encouragement.

June 2023