Producer Manufacturing Tokai Carbon Co., Ltd. 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:
Hirofumi Masuda
Director & Executive Officer:
Shunji Yamamoto Shareholders
Nomura Asset Management Co., Ltd. (8.1%)
Mitsubishi UFJ Financial Group, Inc. (6.3%)
Tokai Carbon Co., Ltd. (5.2%)
Artemis Investment Management LLP (3.9%)
Asset Management One Co., Ltd. (3.6%)
Nikko Asset Management Co., Ltd. (3.6%)
Daiwa Asset Management Co. Ltd. (3.4%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
Mitsubishi Corp. (3.0%)
Mitsubishi Chemical /New/ Pension Fund (2.6%)
Related Companies
Tokai Carbon Savoie SAS
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.
Competitors
Mersen SA
Ecopro BM Co., Ltd.
International CSRC Investment Holdings Co. Ltd.
Copyright © 2020 FactSet Research Systems Inc. All rights reserved.
Last Updated on 4 Dec, 2020
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