Toray Industries : Materials for the 144th Ordinary General Meeting of Stockholders (Delivered documents)

For the Fiscal Year Ended March 31, 2025

1. Operations and Results for the Period

   Included in the "Notice of the 144th Ordinary General Meeting of Stockholders."
2. Issues to be Addressed

   Included in the "Notice of the 144th Ordinary General Meeting of Stockholders."

3. Financial Highlights

   Toray Group (Consolidated basis)

   Years ended

   Billions of yen except per share data

   March 31,	2022	2023	2024	2025
   Revenue	¥2,228.5	¥2,489.3	¥2,464.6	¥2,563.3
   Core operating income	132.1	96.0	102.6	142.8
   Operating income	100.6	109.0	57.7	127.5
   Profit attributable to owners of parent	84.2	72.8	21.9	77.9
   Basic earnings per share (yen)	52.63	45.49	13.67	48.93
   Equity attributable to owners of parent	1,405.6	1,535.0	1,736.0	1,709.0
   Total assets	3,043.9	3,194.0	3,466.5	3,292.6

   Note: Figures are shown rounded to the nearest ¥0.1 billion.

4. Major Subsidiaries

   Name Stated capital Toray's stake Main business

   Toray International, Inc. ¥2,040 million 100.00% Export and domestic sales of Toray Group

   products

   Chori Co., Ltd. ¥6,800 million 51.25% Purchasing and sales of textile products

   and chemical products, etc.

   Toray Engineering Co., Ltd. ¥1,500 million 100.00% Plant engineering, manufacturing and

   sales of electronics-related equipment, etc.

   Toray Plastics (America), Inc. US$238 million －

   (100.00%)

   Manufacturing and sales of polyester and polypropylene films and polyolefin foam

   Toray Composite Materials America, Inc.

   US$114 million －

   (100.00%)

   Development, manufacturing and sales of carbon fibers and prepreg

   Zoltek Companies, Inc. US$344 thousand －

   (100.00%)

   Holding company of Zoltek Group (Development, manufacturing and sales of carbon fibers)

   Alcantara S.p.A. EUR11 million 70.00% Manufacturing and sales of artificial

   leather Alcantara®

   Thai Toray Synthetics Co., Ltd. THB3,078 million 70.77%

   (19.24%)

   Manufacturing and sales of nylon fibers, polyester fibers, resin compound products and polypropylene films

   Toray Plastics (Malaysia) Sdn. Berhad

   Toray Sakai Weaving & Dyeing (Nantong) Co., Ltd.

   US$73 million 93.85%

   (6.15%)

   RMB1,054 million 69.43%

   (15.40%)

   Manufacturing and sales of ABS resin; sales of PBT resin, etc.

   Weaving, dyeing and marketing of polyester filament textiles

   Toray Advanced Materials Korea Inc.

   Won944.6 billion 100.00% Manufacturing and sales of polyester

   fibers, non-woven fabrics, PPS resin, polyester films, carbon fibers and water treatment products

   Note: Figures in parenthesis under "Toray's stake" indicate Toray's subsidiaries' stake.

5. Main Businesses

   Manufacturing, processing and sales of the following products, among others:

   Fibers and Textiles:

   Filament yarns, staple fibers, spun yarns, woven and knitted fabrics of nylon, polyester, acrylic and others; nonwoven fabrics; nonwoven material created using ultra-fine fibers in an "Island in the Sea" configuration; apparel products.

   Performance Chemicals:

   Nylon, ABS, PBT, PPS and other resins and molded products; polyolefin foam; polyester, polyethylene, polypropylene and other films and processed film products; raw materials for synthetic fibers and other plastics; fine chemicals; electronic and information materials; and graphic materials.

   Carbon Fiber Composite Materials:

   Carbon fibers, carbon fiber composite materials and their molded products.

   Environment and Engineering:

   Water treatment membranes and related equipment; comprehensive engineering; condominiums; industrial equipment and machinery; materials for housing, building and civil engineering applications.

   Life Science:

   Pharmaceuticals, medical devices, etc.

   Other:

   Analysis, physical evaluation, research, and other services.

6. Directory

   1. Toray Industries, Inc.

      Head Office:

      1. , Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo 103-8666, Japan

         Osaka Head Office:

         3-3, Nakanoshima 3-chome, Kita-ku, Osaka 530-8222, Japan

         Branches:

         Nagoya (Aichi), Hokuriku (Fukui), Kyushu (Fukuoka), Tohoku (Miyagi) and Chugoku & Shikoku (Hiroshima)

         Plants:

         Shiga, Seta (Shiga), Ehime, Nagoya (Aichi), Tokai (Aichi), Aichi, Okazaki (Aichi), Mishima (Shizuoka), Chiba, Tsuchiura (Ibaraki), Gifu, Ishikawa and Nasu (Tochigi)

         Laboratories:

         Fibers and Textiles Research Laboratories (Shizuoka), Films and Film Products Research Laboratories (Shiga), Chemicals Research Laboratories (Aichi), Composite Materials Research Laboratories (Ehime), Electronic and Imaging Materials Research Laboratories (Shiga), Global Environment Research Laboratories (Shiga), Pharmaceutical Research Laboratories (Kanagawa), New Frontiers Research Laboratories (Kanagawa), Advanced Materials Research Laboratories (Shiga)

   2. Major Subsidiaries

      Toray International, Inc. (Tokyo, Japan) Chori Co., Ltd. (Osaka, Japan)

      Toray Engineering Co., Ltd. (Tokyo, Japan) Toray Plastics (America), Inc. (U.S.A.)

      Toray Composite Materials America, Inc. (U.S.A.) Zoltek Companies, Inc. (U.S.A.)

      Alcantara S.p.A. (Italy)

      Thai Toray Synthetics Co., Ltd. (Thailand)

      Toray Plastics (Malaysia) Sdn. Berhad (Malaysia) Toray Sakai Weaving & Dyeing (Nantong) Co., Ltd. (China)

      Toray Advanced Materials Korea Inc. (Republic of Korea)

7. Employees

year

Segment Number of employees Increase (decrease) from the end of last fiscal

Note 1: Outstanding loan amount includes loans from overseas subsidiaries of the lenders. Note 2: In addition to the above, we have ¥133,292 million of outstanding syndicated loans.