Toray (3402 JT) FY25/26 (JPY) net 79.5bln (prev. 77.9bln Y/Y), rev. 2.59tln (prev. 2.56tln Y/Y)
Toray's latest figures show a year-over-year increase in both net profit and revenue, which suggests stronger operational performance.
China-flagged supertanker attempts to exit Hormuz, according to reports citing data
PRE-MARKET INDIAN STOCKS NEWS: Earnings including Dr Reddy's, Tata Power & Torrent Power
Toray (3402 JT) FY25/26 (JPY) net 79.5bln (prev. 77.9bln Y/Y), rev. 2.59tln (prev. 2.56tln Y/Y)
[MARKET ANALYSIS] Asia-Pac stocks are mixed after recent oil prices moves and hotter US inflation, while participants await the Trump-Xi summit
US President Trump posts that NVIDIA (NVDA) CEO Huang is on Air Force One along with a number of CEOs of large US companies, while Trump will request to Chinese President Xi to open up China
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The growth in net profit from 77.9 billion JPY to 79.5 billion JPY may indicate effective cost management or enhanced demand, potentially boosting investor sentiment. This may also provide a positive read-through for other players in the materials sector.
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