Toray Industries, Inc Overview
Company Headquarters: Japan
Founded: 1926
Workforce: ~ 46,267
Company Working: Toray Industries, Inc. offers products through six operating business segments, namely, fibers & textiles, performance chemicals, environment & engineering, carbon fiber composite materials, life science, and others. The fibers & Textiles segment offers filament yarns, staple fibers, spun yarns, woven, and knitted fabrics of nylon. It offers industrial equipment and machinery, information-related equipment, water treatment membranes, and related equipment. The company also offers household water purifiers, pitchers, and under sink filters. Toray Industries, Inc. has operations in more than 26 countries, which include Germany, India, Spain, and the US. The company has approximately 257 subsidiaries, including Zoltek, CHORI CO., LTD., Toray Industries (America), Inc., and Toray BlueStar Membrane Co., Ltd.
Strategy
Toray Industries, Inc. focuses on taking advantage of business fields with growing potential and pursuing business expansion in the lucrative countries and regions, which enhances its cost competitiveness. It has been investing in research & development initiatives. The company is also focusing on three growth strategies—are total cost reduction, strengthening its corporate structure, and strengthening the sales & marketing efforts.



