Toray Industries (3402) Investor update summary

Sustainability strategy

• Sustainability vision links innovative technologies and advanced materials to climate action, resource recycling, clean water and air, and improved medical care and hygiene.

• Business growth and lower environmental impact are positioned as a virtuous cycle, supported by renewable energy, recycled and biomass-based materials, water efficiency, and process innovation.

Sustainability innovation business

• FY2024 SI business revenue was ¥1,368.9bn, 53% of total revenue of ¥2,563.3bn.

• FY2024 SI revenue mix: GHG reduction 54%, clean water and air 24%, resource recycling 13%, and medical care and hygiene 9%.

Resource recycling

• FY2024 resource-recycling revenue reached ¥150bn; the FY2030 target is ¥400bn for products supporting sustainable, recycling-based resource use and production.

• FY2030 target: recycled, biomass-derived, or CO2-recycled feedstocks to make up 20% of raw materials used in PET and nylon core polymers.

• Recycled-fiber offerings expanded from PET bottles to discarded fishing nets; 100% biomass-based nylon 510 entered full-fledged sales, while polyester fiber remained at pre-marketing stage.

• Chemical recycling using subcritical water is under development for nylon 6 automotive parts and nylon 66 airbags, responding to a draft European ELV requirement for ≥20% recycling from 2031.