TORAY GROUP (As of March 31, 2002)

SUBSIDIARIES (170 Companies) CONSOLIDATED SUBSIDIARIES , (23 Companies) U.S.A. (1 Company) (3 Companies) & FASHION Toray Monofilament Co., Ltd. Toray Ultrasuede (America), Inc. Toray Thai Co., Ltd. Toyo Tire Cord Co., Ltd. Luckytex (Thailand) Public Company Limited Ogaki Spinning Co., Ltd. United Kingdom (1 Company) Toray Fibers (Thailand) Ltd. Fuso Spinning Co., Ltd. Toray Textiles Europe Ltd. Toyo Dyeing Co., Ltd. (5 Companies) Marusa Co., Ltd. Italy (1 Company) Penfibre Sdn. Berhad Toray Textiles, Inc. Alcantara S.p.A. Penfabric Sdn. Berhad Inami Textiles, Inc. Pentex Sdn. Berhad (1 Company) Toray Kimono Co., Ltd. Woodard Mills Sdn. Berhad Toray Textiles Central Europe s.r.o. Ronze Inc. Pentley Sdn. Berhad Toray Fishing Corp. (5 Companies) China (3 Companies) Towa Orimono Co., Ltd. () P.T. Indonesia Toray Synthetics Toray Sakai Weaving & Dyeing (Nantong) Co., Ltd. Toray Coatex Co., Ltd. P.T. Indonesia Synthetic Textile Mills Toray Fibers (Nantong) Co., Ltd. Ichimura Sangyo Co., Ltd. P.T. Acryl Textile Mills Taltex (Zhuhai) Ltd. Towa Orimono Co., Ltd. (Ishikawa) P.T. Easterntex Maruichi Co., Ltd. P.T. Century Maruwa Orimono Co., Ltd. , China (4 Companies) Toray Diplomode, Inc. TAL Knits Ltd. Japan Apparel System Science Co., Ltd. Others Sunrich Mode Inc. San e Origin Co., Ltd (68 Companies) Others (47 Companies)

TRADING Japan (3 Companies) Germany (1 Company) Hong Kong, China (2 Companies) Toray International, Inc. Toray Deutschland GmbH Toray Industries (H.K.) Ltd. Toray Ireeve Corp. Other Toray Alphart Co., Ltd. United Kingdom (1 Company) Toray Europe Ltd. U.S.A. (1 Company) Toray Marketing and Sales (America), Inc. (1 Company) (14 Companies) Toray Industries (Singapore) Pte. Ltd. (9 Companies)

PLASTICS & Japan (10 Companies) France (1 Company) Malaysia (3 Companies) CHEMICALS Toray PEF Products Inc. Toray Europe S.A. Pensanko Precision Sdn. Berhad Toyo Seiko Co., Ltd. Toray Plastics (Malaysia) Sdn. Berhad Toyo Metalizing Co., Ltd. China (2 Companies) Other Toray Plastic Films Co., Ltd. LIBI Plastic Compounding (Shenzhen) Co., Ltd. Toray Fine Chemicals Co., Ltd. Toray Sanko Precision (Zhongshan) Co., Ltd. (1 Company) Toray Thiokol Co., Ltd. Toray Saehan Inc. Hong Kong, China (2 Companies) SODA AROMATIC Co., Ltd. LIBI Plastic Compounding (Hong Kong) Co., Ltd. Others Toray Sanko Precision (Hong Kong) Co., Ltd. U.S.A. (1 Company) (34 Companies) Toray Plastics (America), Inc. (20 Companies)

HOUSING & Japan (13 Companies) Santo Development Co., Ltd. U.S.A. (1 Company) ENGINEERING Toray Construction Co., Ltd. Tecmat Industries Corp. Malaysia (1 Company) Toray Engineering Co., Ltd. Others Toray Precision Co., Ltd. Singapore (1 Company) Toray Glasal Corp. South Korea (1 Company) (24 Companies) (17 Companies)

PHARMACEUTICALS & Japan (1 Company) MEDICAL PRODUCTS Toray Medical Co., Ltd. (4 Companies) (1 Company)

NEW PRODUCTS & U.S.A. (2 Companies) France (1 Company) South Korea (1 Company) OTHER BUSINESSES Toray Composites (America), Inc. Société des Fibres de Carbone S.A. STEMCO, Ltd. Toray America, Inc. Mexico (1 Company) Toray Composites Mexico, S.A. de C.V. (9 Companies) (5 Companies)

INFORMATION & Japan (11 Companies) U.S.A. (3 Companies) SERVICES Toray Enterprise Corp. Toray Industries (America), Inc. Toray Agency Inc. Toray Holding (U.S.A.), Inc. Toray Research Center Inc. Toray Capital (America), Inc. Toyo Logistics Co., Ltd. Toray Systems Center Inc. The (1 Company) Toyo Jitsugyo Co., Ltd. Toray Capital (Europe) B.V. Toray Finance Inc. Mishima Shokusan Inc. Others (46 Companies) (15 Companies)

Total: 199 Companies 114 Companies

52 Toray Industries, Inc. AFFILIATES (29 Companies) SUBSIDIARIES ACCOUNTED FOR BY EQUITY METHOD AFFILIATES ACCOUNTED FOR BY EQUITY METHOD Japan (10 Companies) Japan (2 Companies) Toyo Flocking Co., Ltd. Du Pont–Toray Co., Ltd. Toyo Waso Kogyo Co., Ltd. Matsumoto Textiles Co., Ltd. Toray Ecsaine Plaza, Inc. Others Indonesia (1 Company) Indonesia (2 Companies) Thailand (1 Company) P.T. Jakarta Triapparel Thai Toray Textile Mills Public Company Limited P.T. OST Fibre Industries Malaysia (2 Companies) Vietnam (1 Company) Singapore (1 Company) Vietnam TNT Fibers Co., Ltd. Brazil (1 Company)

(14 Companies) (7 Companies)

Italy (1 Company) China (1 Company) Japan (1 Company) Toray Italia S.r.l. Toray Trading (Shanghai) Co., Ltd. Chori Co., Ltd. Indonesia (1 Company) Chinese Taipei (1 Company) P.T. Toray Trading Indonesia Tong Shing Inc.

(4 Companies) (1 Company)

Japan (2 Companies) Japan (4 Companies) Thailand (1 Company) East Three Technology Co., Ltd. 3TM Plastics Co., Ltd. U.S.A. (1 Company) Dow Corning Toray Silicone Co., Ltd. Toray Resin Co. Sanyo Chemical Industries, Ltd. Chinese Taipei (2 Companies) Other South Korea (1 Company) China (1 Company) KTP Industries Inc. Indonesia (1 Company) Yihua Toray Polyester Film P.T. Petnesia Resindo Co., Ltd. Hong Kong, China (1 Company) Toray Film Products (Hong Kong) Ltd.

(5 Companies) (9 Companies)

Japan (3 Companies) U.S.A. (1 Company) U.S.A. (1 Company) Switzerland (1 Company) Chuno Cetech Co., Ltd. Toray Membrane America, Inc. Ropur AG Toray Water Treatment Maintenance Co., Ltd. South Korea (1 Company) Other Daehan Precision Co., Ltd.

(4 Companies) (3 Companies)

Japan (2 Companies) Japan (1 Company)

(2 Companies) (1 Company)

Chinese Taipei (1 Company) Japan (2 Companies) South Korea (1 Company) Advanced Sporting Composites Inc. Sakai Composites Co., Ltd. STECO, Ltd. Matsushita PDP Co., Ltd.

(1 Company) (3 Companies)

Japan (24 Companies) Gifu Shokusan Inc. Japan (5 Companies) Toray Corporate Business Research, Inc. Ishikawa Shokusan Inc. Chiryu Hotel Corp. Toray Travel Co., Ltd. Chiba Shokusan Inc. Shiga Cable Network Inc. Toray Techno Co., Ltd. Tsuchiura Shokusan Inc. Eitopia K.K. Toray Intellectual Property Experts Co., Ltd. Others Others Kanto General Service Inc. Shiga Shokusan Inc. U.S.A. (1 Company) Toyo Shokusan Inc. Indonesia (1 Company) Meinan Service Inc. P.T. Jabato International Toyo Service Inc. Okazaki Shokusan Inc. (26 Companies) (5 Companies)

56 Companies 29 Companies

Annual Report 2002 53