History

The Toyo Rayon Science Foundation (now the Toray Science Foundation) established.

To realize the company slogan "Toyo Rayon contributes to communities," in June 1960 we set aside ¥1 billion to establish the Toyo Rayon Science Foundation (now the Toray Science Foundation) to promote and support basic science activities in Japan independently of Toray's business. Today the activities of the foundation include providing science and technology aid grants that provide support in the form of funds and materials required for basic science research, and bestowing awards to individuals who have contributed to the promotion of science and technology through their outstanding achievements.