How much funding has Toray raised?

Toray has raised Publicly Traded in total funding. Key investors include Public Market Investors; Institutional Investors.

Who is the CEO of Toray?

Mitsuo Ohya is the CEO of Toray. The company was founded in 1926.

Where is Toray located?

Toray is headquartered in Tokyo, Japan.

What funding stage is Toray at?

Toray is currently at the Public stage.

How many employees does Toray have?

Toray has approximately 10000+ employees.

Toray

Name: AM Companies Database
Creator: AMPulse
License: https://creativecommons.org/licenses/by/4.0/

MaterialsTokyo, JapanFounded 1926· One of 961 Materials companies tracked by AMPulse

Global leader in carbon fiber composite materials and prepreg solutions for aerospace, automotive, and industrial applications

CEO / Founder: Mitsuo Ohya
Team Size: 10000+
Stage: Public
Total Funding: Publicly Traded
Latest Round: Post-IPO
Key Investors: Public Market Investors; Institutional Investors

Technology & Products

Key Products

Carbon Fiber Prepreg; Carbon Fiber Fabrics; Composite Materials; Engineering Plastics; Films and Resins

Technological Advantage

Defensible competitive edge through patented carbon fiber production processes and prepreg technology

Differentiation

Value Proposition

Provides high-performance carbon fiber composites with superior strength-to-weight ratios, enabling lighter and more fuel-efficient vehicles and aircraft

How They Differentiate

Superior quality control in prepreg production; global manufacturing footprint; extensive R&D investment in carbon fiber technology; established relationships with major aerospace OEMs

Market & Competition

Target Customers

Aerospace manufacturers, automotive OEMs, industrial equipment makers

Industry Verticals

Aerospace; Automotive; Industrial Equipment; Electronics; Sports Equipment

Competitors

Teijin Limited; SGL Carbon; Hexcel Corporation; Mitsubishi Chemical Holdings

Growth & Milestones

Growth Metrics

Revenue grew 8% YoY to $18.2B in FY2023; carbon fiber business segment grew 12% YoY; 500+ aerospace customers globally

Major Milestones

1926 - Founded as Toyo Rayon; 1963 - Name changed to Toray Industries; 2000 - Became global leader in carbon fiber production; 2023 - $18.2B revenue with 40%+ aerospace market share

Notable Customers

Boeing; Airbus; Toyota; Honda; General Motors; BMW; Tesla

https://www.toray.com

Recent coverage of Toray

Why this company matters

Toray is a global leader in carbon fiber composite materials and prepreg solutions, serving aerospace, automotive, and industrial markets. Founded in 1926 as Toyo Rayon and renamed in 1963, the company has built a defensible position through vertical integration from raw carbon fiber production to finished composite materials, with a global production network spanning Japan, the US, and Europe.

The company's core technology centers on proprietary prepreg manufacturing and carbon fiber production processes, protected by patents for carbon fiber production, prepreg manufacturing, and composite material structures. Toray's carbon fiber prepreg and fabrics deliver superior strength-to-weight ratios, enabling lighter, more fuel-efficient vehicles and aircraft. The company also produces engineering plastics, films, and resins.

Toray's primary customers include aerospace primes Boeing and Airbus, as well as automotive OEMs Toyota, Honda, General Motors, BMW, and Tesla. The company holds a dominant 40%+ market share in commercial aircraft carbon fiber composites and serves over 500 aerospace customers globally. In FY2023, Toray reported $18.2 billion in revenue with 8% year-over-year growth, while its carbon fiber business segment grew 12%.

The company's competitive moat rests on superior quality control in prepreg production, extensive R&D investment, and long-standing relationships with major aerospace OEMs. Key competitors include Teijin, SGL Carbon, Hexcel, and Mitsubishi Chemical. Toray has raised $1.5 billion in funding from public and institutional investors. CEO Mitsuo Ohya, a 43-year company veteran, took the helm in 2023.