Toray Upgrades Full-Year Forecast

Toray Industries has upgraded its sales and earnings projections for the fiscal year ending March 31, 2012. Toray expects to record net profits of ¥74 billion ($955 million), having previously forecast net profits of ¥67 billion, and forecasts full-year sales of ¥1.67 trillion, having previously predicted sales of ¥1.65 trillion. The earlier forecasts were announced in May 2011. “While the outlook remains clouded by uncertainties including financial instability in the U.S. and Europe, as well as fluctuations in exchange rates and raw...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers