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' TORAY ' Innovation by Chemistry Announcement of Business Results for the Fiscal Year Ended March 2021 and Business Forecast for the Fiscal Year Ending March 2022 May 13 , 2021 Toray Industries , Inc. Toray Group has applied the International Financial Reporting Standards ( IFRS ) from the first quarter of the fiscal year ended March 31 , 2021. In addition , figures for the comparative year have been presented in accordance with IFRS .