Toray Industries stock falls 2.28 percent while fair value rises
Published on 10/08/2026 at 04:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSToray Industries stock (ISIN JP3621000003) was trading at JPY 1,223.50 on the Tokyo Stock Exchange on October 8, 2026, down 2.28 percent from JPY 1,252. The move came as the latest valuation update lifted its fair value view, giving investors a fresh comparison between the market price and forward expectations.
Fair value reaches JPY 1,430.91
According to Simply Wall St on October 2, 2026, the fair value estimate increased to JPY 1,430.91 from JPY 1,398.33, a 2.33 percent rise. The updated view used a higher future price-to-earnings assumption of 16.4 times, compared with 16.0 times previously.
The comparison is material because the Tokyo share price stood at JPY 1,223.50 when the valuation update listed JPY 1,252.00 as its reference price. The same update described Toray's revenue growth assumption as 4.81 percent and its net profit margin assumption as 4.45 percent.
Fiscal 2027 guidance sets scale
Toray's consolidated guidance for the fiscal year ending March 31, 2027, calls for revenue of JPY 2,830.0 billion, profit attributable to owners of parent of JPY 90.0 billion and basic earnings per share of JPY 61.80, according to Simply Wall St. The company also projected six-month revenue of JPY 1,390.0 billion and profit attributable to owners of parent of JPY 45.0 billion for the period ending September 30, 2026.
The guidance puts the valuation debate on operating delivery rather than on a single market session. The six-month outlook represents 49.1 percent of the full-year revenue target and 50.0 percent of the full-year profit target.
PPS recycling adds a strategic angle
On October 5, 2026, Adsale Plastics Network reported that Toray had developed a solvent-based process to recover polyphenylene sulfide from waste materials. The recycled material retains the same molecular weight and melting point as virgin PPS, while Toray continues demonstration testing and partner work across automotive and recycling applications.
Market value remains at JPY 1.8 trillion
Toray's market capitalization stood at JPY 1.8 trillion on October 8, 2026. The stock's 52-week range was JPY 913.70 to JPY 1,395, and trading volume reached 1,540,700 shares during the October 8 session.
Toray Industries stock facts
- Company: Toray Industries, Inc.
- ISIN: JP3621000003
- Ticker: 3402
- Trading venue: Tokyo Stock Exchange
- Price (as of October 8, 2026, 11:21 a.m. JST): JPY 1,223.50
- Market capitalization: JPY 1.8 trillion (as of October 8, 2026)
- 52-week range: JPY 913.70-1,395 (as of October 8, 2026)
- Sector / Industry: Industrials / Manufacturing - Textiles
Upcoming dates for Toray Industries stock
- November 10, 2026: Fiscal 2027 second-quarter results publication
