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Producer Manufacturing

Tokai Carbon Co., Ltd.

  • 2,010.00 JPY
  • -83.00
  • -3.97%
  • Japan
    Oct 12, 2018
  • Ticker
    TKS(5301)
  • Prev. close
    2,093
  • Market cap (JPY)
    470,806M
  • Market cap (USD)
    4,199.31M
  • Shares
    224.94M

Business Summary

Tokai Carbon Co., Ltd. engages in the manufacture and sale of carbon-related products. It operates through the following segments: Carbon Black, Graphite Electrode, Fine Carbon, Industrial Furnaces and Related Products, and Others. The Carbon Black segment sells SEAST, TOKABLACK, Thermax, and Hydrophilic Carbon Black. The Graphite Electrode segment researches and develops products related to carbon and graphite materials. The Fine Carbon segment produces products including isotropic graphite, carbon brush, solid SiC, glassy carbon, and C/C composite TOKAREC. The Industrial Furnaces and Related Products segment manufactures EREMA (silicon carbide) heating elements, heating equipment, and super refractories. The Others segment includes friction materials and property leasing. The company was founded on April 8, 1918 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2017 JPYUSD
Revenue106,252M947.54M
Gross Profit27,468M244.95M
Operating income11,488M102.44M
Income before tax15,927M142.03M
Net income11,816M105.37M
EBITDA18,607M165.93M
Diluted EPS55.430.49
Dividends Per Share120.10
Total Assets182,972M1,624.25M
Total liabilities56,428M500.91M
Total equity125,836M1,117.05M
Operating cash flow10,543M94.02M
Currency in JPYCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 100,935M 114,576M 104,864M 88,580M 106,252M
Gross Profit 15,157M 18,373M 19,535M 16,117M 27,468M
Operating income 1,655M 3,703M 4,088M 1,131M 11,488M
Income before tax 2,926M 4,345M 6,726M -7,938M 15,927M
Net income 1,213M 2,562M 2,484M -7,929M 11,816M
EBITDA 10,311M 12,622M 13,756M 9,627M 18,607M
Diluted EPS 5.68 12 11.65 -37.19 55.43
Dividends Per Share 6 6 6 6 12
Total Assets 183,427M 211,475M 184,990M 158,824M 182,972M
Total liabilities 60,195M 79,132M 60,019M 45,831M 56,428M
Total equity 121,101M 129,984M 122,916M 110,991M 125,836M
Operating cash flow 11,606M 11,983M 20,613M 17,505M 10,543M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 1,033.91M 1,082.43M 866.18M 815.21M 947.54M
Gross Profit 155.25M 173.57M 161.35M 148.32M 244.95M
Operating income 16.95M 34.98M 33.76M 10.40M 102.44M
Income before tax 29.97M 41.04M 55.55M -73.05M 142.03M
Net income 12.42M 24.20M 20.51M -72.97M 105.37M
EBITDA 105.61M 119.24M 113.62M 88.59M 165.93M
Diluted EPS 0.05 0.11 0.09 -0.34 0.49
Dividends Per Share 0.06 0.05 0.04 0.05 0.10
Total Assets 1,745.17M 1,763.83M 1,537.80M 1,361.71M 1,624.25M
Total liabilities 572.71M 660.01M 498.93M 392.94M 500.91M
Total equity 1,152.19M 1,084.14M 1,021.78M 951.60M 1,117.05M
Operating cash flow 118.88M 113.20M 170.26M 161.10M 94.02M

Valuation Measures

Dec 2017
PER25.16
ROA6.91%
ROE9.97%
Operating margin10.81%
Profit margin11.12%

Key executives

  • President & Representative Director: Hajime Nagasaka
  • Director, Head-Information System & Accounting: Masanao Hosoya
  • Head-Technology & Developing Strategy: Yuji Ushijima
  • Director & Executive Officer: Masafumi Tsuji
  • Director & Senior Managing Executive Officer: Nobuyuki Murofushi

Shareholders

  • Nomura Asset Management Co., Ltd. (6.8%)
  • Mitsubishi UFJ Financial Group, Inc. (6.3%)
  • Tokai Carbon Co., Ltd. (5.2%)
  • Artemis Investment Management LLP (5.1%)
  • Asset Management One Co., Ltd. (3.3%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (3.1%)
  • Nikko Asset Management Co., Ltd. (3.1%)
  • Daiwa Asset Management Co. Ltd. (3.0%)
  • Mitsubishi Corp. (2.9%)
  • Mitsubishi Chemical /New/ Pension Fund (2.6%)

Contact Details

Related Companies

  • Tokai Carbon CB Ltd.
  • Tokai Carbon GE Holding LLC
  • SGL GE Carbon Holding LLC
  • Svensk Specialgrafit AB
  • Shanghai Tokai Konetsu Co. Ltd.
  • Tokai Carbon (Tianjin) Co. Ltd.
  • Tokai Carbon (Suzhou) Co. Ltd.
  • Tokai Erftcarbon GmbH
  • Tokai Carbon (Dalian) Co., Ltd.
  • Tokai Carbon Deutschland GmbH
  • Tokai Carbon Europe GmbH
  • Tokai Carbon Electrode Sales LLC
  • Tokai Carbon Italia SRL
  • SGL Tokai Carbon Shanghai Co., Ltd.
  • Tokai Carbon USA, Inc.
  • Oriental Industry Co. Ltd.
  • Erftcarbon GmbH
  • Tokai Carbon Europe Ltd.
  • Tokai Fine Carbon Machining KK
  • Thai Tokai Carbon Product Co. Ltd.
  • Toyo Carbon Co. Ltd.
  • Carbon Industrie-Produkte Group
  • Tokai Carbon Co. Ltd. /Carbon Black Business/
  • Mitsubishi Materials Corp./Brake Manufacturing Division
  • ErftCarbon GmbH & Co. KG
  • Cancarb Ltd.
  • Graphite Technologies Plc
  • Tokai Konetsu Kogyo Co. Ltd.

Competitors

  • Mersen SA
  • GrafTech International Ltd.
Last Updated on 12 Oct, 2018

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