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About Toray Industries
Toray Industries was founded in 1926 in Japan. At that time, its main business was the manufacture of synthetic textile fibers. The corporate group then quickly developed and expanded its activities in five areas:
- Fibers and Textiles;
- Plastic Films, Resins and Other Materials;
- Carbon Fiber Composite Materials;
- Environmental Engineering (water treatment membranes);
- Medical and Pharmaceutical Applications.
Today, Toray Industries is present around the world and counts over 48,000 employees.
Toray Industries: Corporate Profile
Established
1926
President
Mitsuo Ohya
Number of Subsidiaries/Affiliates
306
Consolidated Net Sales (31st March 2024)
15.2 billion
Workforce
48,140
Toray Industries’ Philosophy
“Contributing to society through the creation of new value with innovative ideas, technologies and products. “
Corporate Missions
For our customers
To add value to our customers through our high-quality products and superior customer service.
For our employees
To empower our employees to thrive in a motivating environment.
For our shareholders
To ensure our shareholders rigorous and reliable business management.
For society
To build meaningful relationships and develop mutual trust as a responsible corporate citizen.
Corporate Guiding Principles
Safety and Environment
Giving top priority to safety, accident prevention and environmental preservation; ensuring the safety and health of our employees, customers and local communities; and actively promoting environmental protection.
Ethics and Equity
Gaining society’s trust and meeting its expectations by adopting equity behaviour, maintaining flawless ethics, a high sense of responsibility, and transparency in the company’s management.
Customer-Oriented Culture
Generating added value to our customers with tailored solutions and achieving sustainable growth together.
Innovation
Continuously innovating in all areas of the company with a focus on dynamic growth and development.
Strong Workplace Competency & Initiative
Strengthening workplace competency and initiative is our company’s very foundation by regularly encouraging learning, knowledge transfer, and personal commitment.
International Competitiveness
Improving our competitiveness through a cost control strategy and adopting international quality standards to ensure our global growth and positioning.
Global Alliance Strategy
Developing global partnerships through integrated intercompany relationships and external strategic alliances.
Putting People First
Providing a stimulating work environment for employees and build positive and dynamic relationships between staff and the organization.
Toray Industries in Europe
Toray Industries is present in 12 European countries with production facilities, commercial activities and R&D centres. Toray Industries’ subsidiaries in Europe employ nearly 4,000 people.
Carbon Fiber Composite Materials Activity
In the early 1970s, Toray became interested in carbon fiber and began producing high-performance Torayca® carbon fibers in Japan. In 1982, Toray decided to establish a new carbon fiber production facility in France to supply the growing European market. It was Toray’s first carbon fiber plant outside Japan. Since then, global demand for carbon fiber and composite materials has grown steadily. Wishing to evolve alongside its customers, Toray Industries has set up additional production facilities in the United States and South Korea.
In Europe, the first carbon fiber was produced in 1985 by Toray Carbon Fibers Europe. More recently, Toray’s strategy is to provide its customers with a complete solution that integrates the entire value chain: raw material (PAN), carbon fibers, fabrics, prepregs and composite materials.
