TOKYO, Mar 25 (Pulse News Wire) – Toray Industries,inc. (3402.T) unveiled its new sustainability vision “TORAY VISION 2050,” aiming to create a world where people and Earth coexist harmoniously by 2050.
Under this vision, the company set long-term goals through 2035, focusing on certain growth areas such as next-generation markets and digital transformation. For the fiscal year ending March 2029, Toray launched its mid-term challenge “IGNITION 2028.” Key targets include raising ROIC to approximately 7% and ROE to around 8%. The company projects revenue of 3 trillion yen and operating income of ¥150.0 billion. It also aims to improve its operating margin ratio to 8%.
In addition to financial targets, Toray outlined non-financial objectives, emphasizing environmental sustainability and social responsibility. By 2035, the company plans to reduce GHG emissions by 35% compared to 2013 levels and achieve an EX Score of 70 or higher. Toray’s strategy includes restructuring low-growth businesses, advancing strategic pricing initiatives, and enhancing operational efficiency across segments. The company expects to maintain stable dividend payouts while pursuing progressive dividend increases aligned with earnings growth.
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