东丽，碳纤维业务大涨71%

Core Viewpoint - Toray's financial performance for the fiscal year 2025 shows significant growth in sales and net profit, driven by recovery in the aerospace sector and demand for carbon fiber and composite materials [1][2]. Financial Performance Summary - Total sales for fiscal year 2025 reached 2.56 trillion yen, a slight increase of 4.0% compared to 2.46 trillion yen in fiscal year 2024 [1]. - Core operating income surged to 142.8 billion yen, reflecting a remarkable increase of 39.1% year-on-year [1]. - Net profit attributable to the parent company was 77.9 billion yen, marking a substantial growth of 255.8% [1]. Business Segment Performance - The carbon fiber and composite materials segment generated approximately 300 billion yen in revenue, a year-on-year increase of 3.3%, with total profit reaching 22.5 billion yen, up 70.7% [1]. - Revenue from the aerospace sector was 104.9 billion yen, accounting for 35% of total revenue, with a year-on-year growth of 15% [3]. - The sports equipment sector achieved revenue of 29.5 billion yen, representing 10% of total revenue and a 9% increase year-on-year [3]. - The industrial sector, however, saw revenue of 165.6 billion yen, which constituted 55% of total revenue but experienced a decline of 4% [3]. Future Outlook - For the fiscal year ending March 31, 2026, Toray anticipates total revenue of 2.67 trillion yen, core operating income of 150 billion yen, and net profit of 82 billion yen, considering potential risks from U.S. trade policies [2]. - The carbon fiber and composite materials segment is projected to achieve revenue of 316 billion yen in fiscal year 2025, with an expected growth of 16.0% [2].