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 2021
JPY USD Revenue 258,874M 2,356.11M Gross Profit 56,044M 510.07M Operating income 24,647M 224.32M Income before tax 23,354M 212.55M Net income 16,106M 146.58M EBITDA 54,518M 496.19M Diluted EPS 75.54 0.68 Dividends Per Share 30 0.27 Total Assets 512,503M 4,450.54M Total liabilities 255,929M 2,222.47M Total equity 229,210M 1,990.44M Operating cash flow 38,072M 346.50M Currency in JPY Currency in USD
Historical Data Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Revenue
106,252M
231,302M
262,028M
201,542M
258,874M
Gross Profit
26,550M
95,195M
84,089M
35,861M
56,044M
Operating income
11,084M
72,367M
54,204M
7,859M
24,647M
Income before tax
15,533M
95,811M
51,226M
6,116M
23,354M
Net income
12,346M
73,394M
31,994M
1,020M
16,106M
EBITDA
18,201M
85,375M
77,053M
35,261M
54,518M
Diluted EPS
57.91
344.31
150.09
4.78
75.54
Dividends Per Share
12
24
48
30
30
Total Assets
186,789M
334,053M
468,626M
470,692M
512,503M
Total liabilities
59,655M
126,216M
235,647M
245,874M
255,929M
Total equity
126,367M
187,141M
211,838M
201,267M
229,210M
Operating cash flow
10,543M
44,109M
41,664M
55,022M
38,072M
Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Revenue
947.54M
2,094.31M
2,403.68M
1,887.65M
2,356.11M
Gross Profit
236.77M
861.93M
771.38M
335.87M
510.07M
Operating income
98.84M
655.24M
497.23M
73.60M
224.32M
Income before tax
138.52M
867.51M
469.91M
57.28M
212.55M
Net income
110.10M
664.54M
293.49M
9.55M
146.58M
EBITDA
162.31M
773.02M
706.83M
330.25M
496.19M
Diluted EPS
0.51
3.11
1.37
0.04
0.68
Dividends Per Share
0.10
0.21
0.44
0.28
0.27
Total Assets
1,658.13M
3,044.73M
4,312.17M
4,558.98M
4,450.54M
Total liabilities
529.56M
1,150.39M
2,168.36M
2,381.46M
2,222.47M
Total equity
1,121.76M
1,705.70M
1,949.27M
1,949.41M
1,990.44M
Operating cash flow
94.02M
399.38M
382.20M
515.33M
346.50M
Valuation Measures
Dec 2021
PER 15.99 ROA 3.27% ROE 7.48% Operating margin 9.52% Profit margin 6.22%
Key executives
President & Representative Director:
Hajime Nagasaka
Manager-Finance & Accounting:
Akihiko Sato
Executive Officer & General Manager-Technology:
Keiichiro Machihara
Director & Executive Officer:
Shunji Yamamoto
Executive Officer & Manager-Friction Material:
Hirofumi Masuda Shareholders
Nomura Asset Management Co., Ltd. (10.9%)
Mitsubishi UFJ Financial Group, Inc. (6.3%)
Tokai Carbon Co., Ltd. (5.2%)
Nikko Asset Management Co., Ltd. (5.0%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.6%)
Asset Management One Co., Ltd. (3.6%)
Daiwa Asset Management Co. Ltd. (3.2%)
Mitsubishi Chemical /New/ Pension Fund (2.6%)
Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.5%)
The Vanguard Group, Inc. (2.1%)
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 (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
GrafTech International Ltd.
International CSRC Investment Holdings Co. Ltd.
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Last Updated on 18 May, 2022
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