Toray--Not a Buy Despite Low Valuations
Toray's share price has been weak ever since it announced FY16 results on May 10th, despite both results and FY17 outlook being largely in line...
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Teijin Ltd (3401 JP)
Teijin Ltd (3401 JP)
41
Analysis
Materials • Japan
Teijin Ltd manufactures polyester and other fibers including nylon, acetate, aramid, and polyvinyl chloride for apparel and industrial materials. Teijin also makes polyester films used in advanced magnetic media and electronics equipment through a joint venture with Dupont. The Company also produces pharmaceuticals, medical products, and information system equipment.
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