What drove Toray’s nine-month profit decline?

Profit fell mainly from weaker margins in fibres and plastics and lower operating income. Toray posted profit attributable of **JPY 40.16 billion**, down **46.60%**, while revenue was nearly flat at **JPY 1.920 trillion**.

How does Meyka AI view 3402.T stock near term?

Meyka AI flags mixed signals: guidance held but valuation is rich. The model projects **JPY 1043.09** in 12 months, implying **-16.41%** versus current **JPY 1248.00**. Forecasts are projections, not guarantees.

What price targets should investors watch for Toray?

Conservative target aligns with the 12-month forecast at **JPY 1,043.09**, a base medium-term target near **JPY 1,180.60**, and a bullish multi-year target at **JPY 1,450.00**. Monitor JPX liquidity and sector flows.

JP Stocks

3402.T Toray Industries JPX pre-market 11 Feb 2026: profit down, FY view held

ByHuzaifa Zahoor February 11, 2026February 11, 2026

3402.T stock opens pre-market at JPY 1248.00 after Toray Industries reported nine-month profit down but kept its full-year profit view. The company said profit attributable to owners fell to JPY 40.16 billion, down 46.60% year-on-year, while management held FY profit guidance at JPY 82.00 billion. Volume is elevated at 18,784,300.00 shares versus an average of 5,304,348.00, signalling active repositioning ahead of the March fiscal-year close. We review the earnings detail, valuation, and what Meyka AI’s models now project for the stock on JPX.