The Board of Directors of Toray Industries has approved the appointment of Mitsuo Ohya as the next President. The current President Akihiro Nikkaku is appointed as Chairman.

Ohya joined the company in 1980 and thereafter held different positions as General Manager, Industrial & Textile Fibers Division; Vice President, President of Toray International, Senior Vice President and Executive Vice President.

The changes are expected to become effective at the end of June, 2023.