Producer Manufacturing
Tokai Carbon Co., Ltd.
In the news
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 2019 | JPY | USD |
| Revenue | 262,028M | 2,403.68M |
| Gross Profit | 84,089M | 771.38M |
| Operating income | 54,204M | 497.23M |
| Income before tax | 51,226M | 469.91M |
| Net income | 31,994M | 293.49M |
| EBITDA | 77,053M | 706.83M |
| Diluted EPS | 150.09 | 1.37 |
| Dividends Per Share | 48 | 0.44 |
| Total Assets | 468,626M | 4,312.17M |
| Total liabilities | 235,647M | 2,168.36M |
| Total equity | 211,838M | 1,949.27M |
| Operating cash flow | 41,664M | 382.20M |
| Currency in JPY | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 104,864M | 88,580M | 106,252M | 231,302M | 262,028M |
| Gross Profit | 19,535M | 16,117M | 26,550M | 95,195M | 84,089M |
| Operating income | 4,088M | 1,131M | 11,084M | 72,367M | 54,204M |
| Income before tax | 6,726M | -7,938M | 15,533M | 95,811M | 51,226M |
| Net income | 2,484M | -7,929M | 12,346M | 73,394M | 31,994M |
| EBITDA | 13,756M | 9,627M | 18,201M | 85,375M | 77,053M |
| Diluted EPS | 11.65 | -37.19 | 57.91 | 344.31 | 150.09 |
| Dividends Per Share | 6 | 6 | 12 | 24 | 48 |
| Total Assets | 184,990M | 158,824M | 186,789M | 334,053M | 468,626M |
| Total liabilities | 60,019M | 45,831M | 59,655M | 126,216M | 235,647M |
| Total equity | 122,916M | 110,991M | 126,367M | 187,141M | 211,838M |
| Operating cash flow | 20,613M | 17,505M | 10,543M | 44,109M | 41,664M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 866.18M | 815.21M | 947.54M | 2,094.31M | 2,403.68M |
| Gross Profit | 161.35M | 148.32M | 236.77M | 861.93M | 771.38M |
| Operating income | 33.76M | 10.40M | 98.84M | 655.24M | 497.23M |
| Income before tax | 55.55M | -73.05M | 138.52M | 867.51M | 469.91M |
| Net income | 20.51M | -72.97M | 110.10M | 664.54M | 293.49M |
| EBITDA | 113.62M | 88.59M | 162.31M | 773.02M | 706.83M |
| Diluted EPS | 0.09 | -0.34 | 0.51 | 3.11 | 1.37 |
| Dividends Per Share | 0.04 | 0.05 | 0.10 | 0.21 | 0.44 |
| Total Assets | 1,537.80M | 1,361.71M | 1,658.13M | 3,044.73M | 4,312.17M |
| Total liabilities | 498.93M | 392.94M | 529.56M | 1,150.39M | 2,168.36M |
| Total equity | 1,021.78M | 951.60M | 1,121.76M | 1,705.70M | 1,949.27M |
| Operating cash flow | 170.26M | 161.10M | 94.02M | 399.38M | 382.20M |
Valuation Measures
| Dec 2019 | |
| PER | 7.29 |
| ROA | 7.97% |
| ROE | 16.03% |
| Operating margin | 20.68% |
| Profit margin | 12.21% |
Key executives
- President & Representative Director: Hajime Nagasaka
- Head-Finance, Accounting & Information Systems: Kazuhiko Matsubara
- Director, Executive Officer & GM-Technology: Katsuyuki Yamaguchi
- Director, Executive Officer & Manager-Sales: Masafumi Tsuji
- Director & Executive Officer: Hirofumi Masuda
Shareholders
- Nomura Asset Management Co., Ltd. (8.5%)
- Mitsubishi UFJ Financial Group, Inc. (6.3%)
- Tokai Carbon Co., Ltd. (5.2%)
- Artemis Investment Management LLP (3.9%)
- Asset Management One Co., Ltd. (3.7%)
- Nikko Asset Management Co., Ltd. (3.6%)
- Daiwa Asset Management Co. Ltd. (3.6%)
- Mitsubishi Corp. (2.9%)
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.6%)
- Mitsubishi Chemical /New/ Pension Fund (2.6%)
Contact Details
- Website:http://www.tokaicarbon.co.jp
- Address: Aoyama Building, 1-2-3 Kita-Aoyama, Tokyo, 107-8636, Japan
- Phone: +81.3.3746.5100
Related Companies
- Tokai Carbon Restricted Stock Compensation Plan
- 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 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.
- Tokai Carbon Europe Ltd.
- Tokai Konetsu Kogyo Co. Ltd.
Competitors
- Mersen SA
- Ecopro BM Co., Ltd.
- Graphite India Limited
- International CSRC Investment Holdings Co. Ltd.
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Last Updated on 8 Jul, 2020