July 31st, 2025

Toray Industries (H.K.) Ltd. Selects Centric PLM to Drive Product Development Efficiency and Profitability

“Centric PLM offers a highly configurable and effective solution that meets our core requirements to improve development capabilities and R&D efforts.”

— Kotaro Kishi

General Manager, Business Optimization Division at Toray Industries (Hong Kong) Limited

Leading fiber, fabric and textile manufacturer partners with Centric Software to modernize product development to meet evolving customer demands

CAMPBELL, Calif., August 5, 2025 – Centric Software® is pleased to announce that Toray Industries (H.K.) Ltd. (Toray Industries), part of the global materials innovator Toray Industries, Inc, has selected Centric PLM™ to drive efficiency and advancements in material development to better address the evolving product needs of its global brand partners. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals.

Toray Industries is a producer and innovation powerhouse with roots dating back to 1926 in Japan, specializing in textiles and performance materials used in apparel, automotive and beyond. Renowned for outstanding discoveries in advanced fibers, textiles, resins and carbon fiber composites, Toray Industries has long been a trusted partner behind some of the world’s most recognizable products. Through a global network of over 300 companies, the company supports a wide range of fashion and apparel brands, delivering precision-engineered materials that combine functionality, material strength and technological excellence.

In response to rising pressure to deliver with speed and flexibility in a complex global market, Toray Industries is rethinking its approach to product development. The company recognized the urgency of consolidating its fragmented workflows and production data, which were historically siloed by department and location. By adopting Centric PLM, Toray Industries aims to centralize data throughout the entire product lifecycle, from initial planning to scaled production, creating a more connected and responsive digital infrastructure.

The decision to move forward with Centric PLM was driven by its flexible architecture, scalability and industry-specific functionality tailored to the apparel and manufacturing sectors, earning strong support from internal stakeholders during the evaluation phase. “Centric PLM offers a highly configurable and effective solution that meets our core requirements to improve development capabilities and R&D efforts,” shares Kotaro Kishi, General Manager, Business Optimization Division at Toray Industries (Hong Kong) Limited.

The project will commence with Toray Industry’s Hong Kong operations, a key hub for the company’s production management activities. Key objectives include streamlining workflows, enhancing cost visibility, improving delivery precision and fostering real-time collaboration across teams and locations. Implementing a fully integrated PLM solution is a significant step for Toray Industries as it looks to accelerate market responsiveness and sharpen its competitive edge.

Kishi notes that achieving a unified data environment across the product lifecycle will be key to success. “We’re building a system that enables consistent management of development data, from upstream planning through to mass production,” he explains. “That foundation is essential to delivering the added value our clients expect.”

Looking ahead, Toray Industries sees the project as a springboard for long-term operational transformation. Kishi adds, “Consolidating real-time insights will increase transparency and strengthen decision-making, fueling continuous process improvements and bringing further strategic advantage to our customers. We look forward to deepening our partnership with Centric to drive meaningful innovation in our operations.”

“We are honored to partner with Toray Industries as it embarks on its digital transformation journey with Centric PLM,” says Fabrice Canonge, President of Centric Software. “This project represents a strategic step forward in boosting Toray Industry’s competitive edge through operational efficiency. Centric Software is committed to delivering innovations and value quickly through proven expertise and industry experience.”

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Toray Industries (H.K.) Ltd. (https://www.toray.com/)

Founded in 1926 as a rayon yarn manufacturer, Toray Industries has evolved into a global advanced materials company. In addition to textiles, Toray Industries operates across a wide range of sectors including resins, chemicals, films, carbon fiber composites, electronic materials, pharmaceuticals, medical devices and water treatment solutions. With annual revenue of approximately 2.5 trillion yen, Toray leverages R&D to drive sustainable global growth under its mid-term management plan, “Project AP-G 2025.”

Centric Software® (centricsoftware.com)

From its headquarters in Silicon Valley, Centric Software provides an innovative and AI-enabled product concept-to-commercialization platform for retailers, brands and manufacturers of all sizes. As experts in fashion, luxury, footwear, outdoor, home, cosmetics & personal care as well as multi-category retail, Centric Software delivers best-of-breed solutions to plan, design, develop, source, comply, buy, make, price, allocate, market, sell and replenish products.

Centric PLM™, the leading PLM solution for fashion, outdoor, footwear and private label, optimizes product execution from ideation to development, sourcing and manufacture, realizing up to 50% improvement in productivity and a 60% decrease in time to market.
Centric Planning™ is an innovative, cloud-native, AI solution delivering end-to-end planning capabilities to maximize retail and wholesale business performance, including SKU optimization, resulting in an up to 110% increase in margins.
Centric Pricing & Inventory™ leverages AI to drive margins and boost revenues by up to 18% via price and inventory optimization from pre-season to in-season to season completion.
Centric Market Intelligence™ is an AI-driven platform delivering insights into consumer trends, competitor offers and pricing to boost competitivity and get closer to the consumer, with an up to 12% increase in average initial price point.
Centric Visual Boards™ pivot actionable data in a visual-first orientation to ensure robust, consumer-right assortments and product offers, dramatically decreasing assortment development cycle time.
Centric PXM™, AI-powered product experience management (PXM) encompasses PIM, DAM, content syndication and digital shelf analytics (DSA) to optimize the product commercialization lifecycle resulting in a transformed brand experience. Increase sales channels, boost sell through and drive margins.

Centric Software’s market-driven solutions have the highest user adoption rate, customer satisfaction rate and fastest time to value in the industry. Centric Software has received multiple industry awards and recognition, appearing regularly in world-leading analyst reports and research.