TORAY INDUSTRIES, INC. is a Japan-based company that has six business segments. The Textile segment manufactures, processes and sells textile and apparel products. The Plastic and Chemical segment offers plastic, films and various chemical products. The Information Communication Material and Equipment segment offers plastic, films, electronic circuits, copy materials, color filters for liquid crystal and optical fibers. It also provides information processing services. The Carbon Fiber Composite Material segment manufactures and sells carbon fibers and carbon fiber composite materials. The Environment and Engineering segment offers functional film and machines, as well as materials for housing, construction and civil works. This segment is also engaged in the real estate, engineering and precision machine manufacturing businesses, among others. The Life Science and Others segment offers medical, pharmaceutical and optical products, and provides various services.
Quick Financial Synopsis
BRIEF: For the six months ended 30 September 2009, TORAY INDUSTRIES, INC.'s revenues decreased 23% to Y617.93B. Net loss totaled Y6.32B vs. an income of Y10.53B. Revenues reflect lower sales volume from fiber, plastic chemical, IT-related product, carbon fiber, environment & engineering and life science segments. Net loss also suffers from a higher percentage of cost of sales, as well as the presence of Y2.38B related expense for halt fixtures.