Toray Industries, Inc. (TYO:3402)

Toray Industries Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	2,503,482	2,563,280	2,464,596	2,489,330	2,228,523	1,883,600
Revenue Growth (YoY)	-2.18%	4.00%	-0.99%	11.70%	18.31%	-14.95%
Cost of Revenue	2,005,307	2,057,385	2,021,073	2,068,495	1,792,554	1,506,100
Gross Profit	498,175	505,895	443,523	420,835	435,969	377,500
Selling, General & Admin	370,680	366,106	346,344	330,907	305,762	286,981
Other Operating Expenses	1,895	-1,024	-3,629	-2,695	-1,856	254
Operating Expenses	372,575	365,082	342,715	328,212	303,906	287,235
Operating Income	125,600	140,813	100,808	92,623	132,063	90,265
Interest Expense	-15,912	-17,181	-16,840	-10,674	-4,995	-5,679
Interest & Investment Income	8,939	10,899	11,698	8,177	6,114	5,920
Earnings From Equity Investments	-6,045	-2,351	8,850	7,398	19,342	12,812
Currency Exchange Gain (Loss)	-3,609	-3,609	-1,081	-1,208	482	-1,348
Other Non Operating Income (Expenses)	-923	-923	-711	-824	-1,193	-2,018
EBT Excluding Unusual Items	108,050	127,648	102,724	95,492	151,813	99,952
Gain (Loss) on Sale of Investments	-	-	-	25,066	-	-
Gain (Loss) on Sale of Assets	-3,441	-3,441	-6,373	-2,646	-4,054	-5,519
Asset Writedown	-9,919	-9,919	-36,784	-6,042	-27,444	-28,867
Pretax Income	94,690	114,288	59,567	111,870	120,315	65,566
Income Tax Expense	27,696	27,615	29,112	31,031	26,706	18,227
Earnings From Continuing Operations	66,994	86,673	30,455	80,839	93,609	47,339
Minority Interest in Earnings	-7,672	-8,762	-8,558	-8,016	-9,374	-1,545
Net Income	59,322	77,911	21,897	72,823	84,235	45,794
Net Income to Common	59,322	77,911	21,897	72,823	84,235	45,794
Net Income Growth	22.18%	255.81%	-69.93%	-13.55%	83.94%	-17.82%
Shares Outstanding (Basic)	1,553	1,592	1,602	1,601	1,601	1,600
Shares Outstanding (Diluted)	1,556	1,595	1,605	1,604	1,614	1,603
Shares Change (YoY)	-3.03%	-0.58%	0.04%	-0.62%	0.70%	-0.55%
EPS (Basic)	38.19	48.93	13.67	45.49	52.63	28.61
EPS (Diluted)	38.12	48.84	13.65	45.40	52.19	28.57
EPS Growth	25.94%	257.80%	-69.93%	-13.01%	82.67%	-17.38%
Free Cash Flow	48,762	75,785	51,550	42,997	46,091	89,108
Free Cash Flow Per Share	31.33	47.51	32.13	26.80	28.56	55.59
Dividend Per Share	9.000	18.000	18.000	18.000	16.000	9.000
Dividend Growth	-50.00%	-	-	12.50%	77.78%	-43.75%
Gross Margin	19.90%	19.74%	18.00%	16.91%	19.56%	20.04%
Operating Margin	5.02%	5.49%	4.09%	3.72%	5.93%	4.79%
Profit Margin	2.37%	3.04%	0.89%	2.93%	3.78%	2.43%
Free Cash Flow Margin	1.95%	2.96%	2.09%	1.73%	2.07%	4.73%
EBITDA	254,345	269,908	230,002	218,998	252,432	206,084
EBITDA Margin	10.16%	10.53%	9.33%	8.80%	11.33%	10.94%
D&A For EBITDA	128,745	129,095	129,194	126,375	120,369	115,819
EBIT	125,600	140,813	100,808	92,623	132,063	90,265
EBIT Margin	5.02%	5.49%	4.09%	3.72%	5.93%	4.79%
Effective Tax Rate	29.25%	24.16%	48.87%	27.74%	22.20%	27.80%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.