Core Viewpoint - Toray's overall revenue slightly decreased, and profits were under pressure, with consolidated revenue at 1.92 trillion yen, a year-on-year decline of 0.2%, and core operating profit at 105.1 billion yen, down 3.4% [2] Group 1: Carbon Fiber and Composite Materials - The carbon fiber and composite materials segment, a strategic core for the group, was a key variable affecting performance, with revenue of 212.7 billion yen, a year-on-year decline of 4.7%, and core operating profit of 11.5 billion yen, down 18.6% [2] - Aerospace emerged as the only growth engine, with revenue of 80.7 billion yen, a year-on-year increase of 4%, accounting for 38% of the segment [2] - The industrial applications segment faced significant pressure, with revenue of 111.2 billion yen, a year-on-year decline of 10%, and a drop in market share to 52% [2] Group 2: Business Performance and Outlook - Domestic and overseas operations faced pressure, with the main office's revenue down 13% and overseas subsidiaries down 3%, alongside profit declines due to sales drops, rising raw material costs, and foreign exchange fluctuations [3] - Despite short-term pressures, Toray's long-term strategy remains focused on expanding carbon fiber production capacity in the U.S. and Europe, with a revised profit forecast for the carbon fiber segment for FY2026 at 20 billion yen, a slight decrease of 2.5% year-on-year [3] - The fiber and textile segment saw a profit increase of 9.5%, and the environmental engineering segment's revenue grew by 11.0%, serving as dual growth engines [3] Group 3: Structural Adjustments - Toray is undergoing a structural adjustment phase, with short-term weakness in industrial applications and steady recovery in aerospace, while continuing to invest in global capacity and R&D [3] - The company aims to strengthen its high-margin aerospace sector, expand into new industrial applications, and transition the carbon fiber business from "differentiated adjustment" to "comprehensive recovery," injecting core momentum into group performance [3]