ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Producer Manufacturing

Tokai Carbon Co., Ltd.

  • 978.00 JPY
  • +6.00
  • +0.62%
  • Japan
    Aug 21, 2019
  • Ticker
    TKS(5301)
  • Prev. close
    972
  • Market cap (JPY)
    218,644.68M
  • Market cap (USD)
    2,056.57M
  • 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, negative electrodes, and property leasing. The company was founded on April 8, 1918 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2018 JPYUSD
Revenue231,302M2,094.31M
Gross Profit97,412M882.01M
Operating income74,585M675.32M
Income before tax98,030M887.60M
Net income73,998M670.01M
EBITDA86,457M782.82M
Diluted EPS347.153.14
Dividends Per Share240.21
Total Assets319,648M2,913.43M
Total liabilities120,742M1,100.50M
Total equity187,740M1,711.16M
Operating cash flow44,109M399.38M
Currency in JPYCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 114,576M 104,864M 88,580M 106,252M 231,302M
Gross Profit 18,373M 19,535M 16,117M 26,550M 97,412M
Operating income 3,703M 4,088M 1,131M 11,084M 74,585M
Income before tax 4,345M 6,726M -7,938M 15,533M 98,030M
Net income 2,562M 2,484M -7,929M 12,346M 73,998M
EBITDA 12,622M 13,756M 9,627M 18,201M 86,457M
Diluted EPS 12 11.65 -37.19 57.91 347.15
Dividends Per Share 6 6 6 12 24
Total Assets 211,475M 184,990M 158,824M 186,789M 319,648M
Total liabilities 79,132M 60,019M 45,831M 59,655M 120,742M
Total equity 129,984M 122,916M 110,991M 126,367M 187,740M
Operating cash flow 11,983M 20,613M 17,505M 10,543M 44,109M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 1,082.43M 866.18M 815.21M 947.54M 2,094.31M
Gross Profit 173.57M 161.35M 148.32M 236.77M 882.01M
Operating income 34.98M 33.76M 10.40M 98.84M 675.32M
Income before tax 41.04M 55.55M -73.05M 138.52M 887.60M
Net income 24.20M 20.51M -72.97M 110.10M 670.01M
EBITDA 119.24M 113.62M 88.59M 162.31M 782.82M
Diluted EPS 0.11 0.09 -0.34 0.51 3.14
Dividends Per Share 0.05 0.04 0.05 0.10 0.21
Total Assets 1,763.83M 1,537.80M 1,361.71M 1,658.13M 2,913.43M
Total liabilities 660.01M 498.93M 392.94M 529.56M 1,100.50M
Total equity 1,084.14M 1,021.78M 951.60M 1,121.76M 1,711.16M
Operating cash flow 113.20M 170.26M 161.10M 94.02M 399.38M

Valuation Measures

Dec 2018
PER3.59
ROA29.22%
ROE47.11%
Operating margin32.24%
Profit margin31.99%

Key executives

  • President & Representative Director: Hajime Nagasaka
  • Head-Finance, Accounting & Information Systems: Kazuhiko Matsubara
  • Director, Executive Officer & GM-Technology: Katsuyuki Yamaguchi
  • Director, EVP & Head-Business Planning: Nobuyuki Murofushi
  • Director & Executive Officer: Masafumi Tsuji

Shareholders

  • Nomura Asset Management Co., Ltd. (7.6%)
  • Mitsubishi UFJ Financial Group, Inc. (6.3%)
  • Tokai Carbon Co., Ltd. (5.2%)
  • Artemis Investment Management LLP (3.9%)
  • Daiwa Asset Management Co. Ltd. (3.8%)
  • Nikko Asset Management Co., Ltd. (3.2%)
  • Mitsubishi Corp. (2.9%)
  • Mitsubishi Chemical /New/ Pension Fund (2.6%)
  • Mitsubishi Chemical Pension Fund (2.6%)
  • The Vanguard Group, Inc. (2.1%)

Contact Details

Related Companies

  • Tokai Cobex GmbH
  • 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.
  • Tokai Material 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.
  • International CSRC Investment Holdings Co. Ltd.
  • Graphite India Limited
Last Updated on 21 Aug, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media