Toray Industries stock highlights new PPS recycling technology
Published on 10/07/2026 at 04:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Toray Industries stock was trading at JPY 1,261 on the Tokyo Stock Exchange on October 7, 2026, up 0.56 percent from the previous close and 9.6 percent below its 52-week high of JPY 1,395. The company has also put a new recycling technology at the center of its latest materials update.
PPS recycling creates the hook
As RecyclingInside reported on October 5, 2026, Toray developed what it described as the industry's first solvent-based process to recover polyphenylene sulfide, or PPS, from waste materials.
The process separates and crystallizes PPS while preserving its polymer form, rather than breaking the material down into a monomer. The resulting recycled PPS retains the same molecular weight and melting point as virgin PPS, while Toray continues demonstration work on potential emissions reductions.
Fiscal 2026 numbers set the base
finanzen.ch lists fiscal 2026 revenue at JPY 2.585 trillion, up 0.85 percent from the prior year, while operating profit stood at JPY 138.687 billion, down 0.79 percent.
Net income reached JPY 79.521 billion in fiscal 2026, a 2.07 percent increase. The contrast between modest revenue growth and higher net income makes profitability the more important measure for judging whether Toray's materials strategy is translating into earnings.
Stock stays below yearly peak
The October 7 Tokyo quote stood at JPY 1,261, with a session range of JPY 1,251.50 to JPY 1,268 and volume of 905,200 shares. Toray's market capitalization was JPY 1.8 trillion on the same date.
The stock remains 9.6 percent below the 52-week high of JPY 1,395 and 38.0 percent above the 52-week low of JPY 913.70. That spread leaves the recycling announcement as an operating story rather than a standalone valuation signal.
November results provide the checkpoint
Toray's investor-relations calendar lists November 10, 2026, as the publication date for its fiscal 2027 second-quarter results, according to the Toray Industries investor-relations page. That report will provide the next quantified test of demand, margins and progress against the company's materials portfolio.
Tokyo quote at JPY 1,261
Toray Industries stock was last at JPY 1,261 on the Tokyo Stock Exchange on October 7, 2026, with a market capitalization of JPY 1.8 trillion and a 52-week range of JPY 913.70 to JPY 1,395.
Toray Industries stock facts
- Company: Toray Industries, Inc.
- ISIN: JP3621000003
- Ticker: 3402
- Trading venue: Tokyo Stock Exchange
- Price (as of October 7, 2026, 11:30 a.m. JST): JPY 1,261
- Market capitalization: JPY 1.8 trillion (as of October 7, 2026)
- 52-week range: JPY 913.70-1,395 (as of October 7, 2026)
- Sector / Industry: Basic Materials / Chemicals
- Index membership: Nikkei 225, TOPIX 500
Upcoming dates for Toray Industries stock
- November 10, 2026: Fiscal 2027 second-quarter results
