Dec 13, 2018 R&I Affirms A+/a-1, Stable: Toray Industries, Inc. Rating and Investment Information, Inc. (R&I) has announced the following: ISSUER: Toray Industries, Inc. Issuer Rating: A+, Affirmed Rating Outlook: Stable Commercial Paper: a-1, AffirmedRATIONALE: Toray Industries, Inc. develops businesses based on its core technologies such as organic synthetic chemistry, polymer chemistry, biotechnology and nanotechnology. Its earnings sources are well diversified. In the Fibers & Textiles business, the company engages in the entire manufacturing process globally, from original yarn and raw cotton to textile and apparel products, which is the source of competitiveness. As for...
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