Okasan keeps JPY 1,600 target for Toray Industries stock

Published on 10/20/2026 at 22:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter revenue hit JPY 678.97 billion. Toray Industries stock costs EUR 6.89 on October 20, 2026, down 1.06 percent versus the Frankfurt close.

Analyst view and earnings date

Okasan Securities maintained a JPY 1,600.00 target on September 29, 2026, versus consensus at JPY 1,532.21.
Toray Industries reported first-quarter revenue of JPY 678.97 billion and net income of JPY 31.26 billion for the period ended June 30, 2026.
Toray Industries stock costs EUR 6.89 at Lang & Schwarz on October 20, 2026 at 10:02 p.m. CEST, 1.06 percent below the Frankfurt close of October 16, 2026.

Toray Industries, JP3621000003, Illustration mit AI erstellt.

Okasan Securities maintained a Buy rating on Toray Industries and set a JPY 1,600.00 price target in a report dated September 29, 2026, while the average analyst target stood at JPY 1,532.21, as The Globe and Mail reported. Toray Industries stock was trading at EUR 6.89 at Lang & Schwarz on October 20, 2026 at 10:02 p.m. CEST, down 1.06 percent versus the Frankfurt close of October 16, 2026.

First-quarter earnings set the baseline

Toray Industries reported first-quarter fiscal 2027 revenue of JPY 678.97 billion, earnings of JPY 31.26 billion and a 4.60 percent profit margin for the period ended June 30, 2026, according to Yahoo Finance. Revenue increased 14.00 percent from the comparable first quarter, while net income rose 82.00 percent, giving the analyst target a recent operating reference.

What does November 10 mean for earnings?

Toray Industries has scheduled its second-quarter fiscal 2027 results for November 10, 2026, with the date listed on the company's investor-relations page at Toray Industries. The upcoming release will provide the next reported comparison for revenue, earnings and margin after the first-quarter figures.

Price position and valuation

The Tokyo-listed stock closed at JPY 1,217.00 on October 14, 2026, with a 52-week range of JPY 913.70 to JPY 1,395.00 and a price-to-earnings ratio of 19.27, according to Yahoo Finance. The market capitalization was JPY 1.8 trillion on October 19, 2026, while the euro quote stood 1.06 percent below its Frankfurt close.

Comparison with peers

Toray Industries: down 1.06 percent, price-to-earnings ratio 19.27, market capitalization JPY 1.8 trillion.

Teijin Limited (TSE, JPY): down 1.60 percent, price-to-earnings ratio minus 7.44, market capitalization JPY 314.2 billion.

Mitsubishi Chemical Group Corporation (TSE, JPY): down 1.16 percent, price-to-earnings ratio minus 38.18, market capitalization JPY 1.6 trillion.

Investor reference points

For investors, the next dated operating checkpoint is November 10, 2026, while the current analyst target remains JPY 1,600.00. The target is 31.47 percent above the Tokyo closing price of JPY 1,217.00 on October 14, 2026, using the same JPY basis.

Stock level and next date

Toray Industries combines a 14.00 percent first-quarter revenue increase with a scheduled November results date and a target that stands above the latest Tokyo close. The euro quotation remains below the Frankfurt close cited above.

The further course of trading is shown by the continuously updated real-time quote of Toray Industries stock.