Home / Knowledge / News / Textiles / Fibre producer Toray Q1 FY'14 sales up 10.6%
Fibre producer Toray Q1 FY'14 sales up 10.6%
Aug '13
Toray Industries, announced its consolidated business results for the three months ended June 30, 2013 of the fiscal year ending March 31, 2014.

In the period under review, while the European economy continued its downward trend and growth slowed in emerging economies led by China, the U.S. economy showed signs of gradual recovery as consumer spending rose amid improvement in employment. The Japanese economy saw slow recovery due to continued weakness in capital expenditure and increased import prices, even as exports recovered and individual and corporate mindset improved on expectations placed on the economic measures of the government of Prime Minister Shinzo Abe.

Under such circumstances, Toray Group has been implementing the growth strategy with focus on pursuing business expansion in growth business fields and growth regions and further bolstering its total cost competitiveness in accordance with the medium-term management program “Project AP-G 2013.”

As a result, consolidated net sales for the three months ended June 30, 2013 increased 10.6% compared with the same period of the previous fiscal year to ¥402.7 billion (US$4,085 million). Operating income rose 4.5% to ¥18.0 billion (US$183 million) and ordinary income increased 4.7% to ¥20.0 billion (US$203 million). Net income increased 31.5% to ¥13.3 billion (US$134 million).


Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search