5301
TOKAI CARBON CO., LTD.
東海カーボン株式会社
Glass & Ceramics Products
Tokai Carbon Co., Ltd. engages in the manufacture and sale of carbon-related products and services in Japan. It offers graphite electrodes for use in electric furnaces, such as direct current, alternating current, and refining furnaces; and carbon black, including SEAST, TOKABLACK, Aqua Black, and Thermax black varieties, which are used to reinforce the rubber in tires, as well as used as a black pigment in various black-colored products. The company provides fine carbon products comprising special graphite products that include isotropic graphite G/HK series, extruded graphite, SiC coated carbon, C/C composite, glassy carbon, solid SiC, carbon brushes, and resin-impregnated graphite products, as well as furnace materials for silicon semiconductor, solar cell manufacturing, and other applications; and industrial furnaces and related products, which comprise silicon carbide heating elements, resistors, recryte SiC structural materials, and industrial furnaces for heat treatment of ceramics, electronic components, metals, glass, and others. In addition, it offers carbon and graphite products and solutions for various smelting applications, consisting of cathodes, furnace linings, and carbon electrodes; and friction materials, including sintered metal friction, paper friction, sliding, resin, woven, and soft mold materials to regulate power transmission in industrial and construction machinery, as well as for use in brake and clutch parts of vehicles, such as motorbikes and trains. Further, the company provides anode materials for secondary lithium-ion batteries that are used in smartphones and electric cars. The company was formerly known as Tokai Electrode Mfg. Co. Ltd. and changed its name to Tokai Carbon Co., Ltd. in 1975. Tokai Carbon Co., Ltd. was incorporated in 1918 and is headquartered in Tokyo, Japan.
Price
¥1,780
Market Cap
¥380.0B
Ent. Value
¥431.0B
Net Debt
−¥51.0B
Shares Out.
213.5M
P / E
18.9×
EV / EBIT
16.7×
P / Book
1.19×
P / NCAV
N/M
Div. Yield
1.69%
Financials
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥323.0B | ¥350.1B | ¥363.9B | ¥340.4B | ¥258.9B |
| Cost of Sales | ¥243.2B | ¥269.5B | ¥265.2B | ¥246.3B | ¥188.1B |
| Gross Profit | ¥79.7B | ¥80.6B | ¥98.7B | ¥94.1B | ¥70.7B |
| SG&A | ¥53.9B | ¥61.2B | ¥60.0B | ¥53.5B | ¥46.1B |
| Operating Income | ¥25.9B | ¥19.4B | ¥38.7B | ¥40.6B | ¥24.6B |
| Non-Operating Income | ¥4.5B | ¥6.6B | ¥5.8B | ¥4.4B | ¥2.5B |
| Dividend Income | ¥1.3B | ¥1.0B | ¥851M | ¥737M | ¥586M |
| Interest Income | ¥1.8B | ¥1.5B | ¥1.3B | ¥607M | ¥288M |
| Non-Operating Expenses | ¥4.0B | ¥3.4B | ¥2.9B | ¥2.4B | ¥2.4B |
| Interest Expense | ¥2.4B | ¥2.0B | ¥1.6B | ¥1.0B | ¥1.0B |
| Ordinary Income | ¥26.3B | ¥22.6B | ¥41.6B | ¥42.5B | ¥24.8B |
| Pre-tax Income | ¥30.9B | ¥-47.6B | ¥42.0B | ¥42.1B | ¥23.4B |
| Income Taxes | ¥7.6B | ¥5.3B | ¥13.2B | ¥14.8B | ¥3.2B |
| Current Tax | ¥7.9B | ¥8.4B | ¥9.2B | ¥8.7B | ¥8.7B |
| Deferred Tax | ¥-290M | ¥-3.1B | ¥4.0B | ¥6.1B | ¥-5.5B |
| Net Income (owners) | ¥20.1B | ¥-56.7B | ¥25.5B | ¥22.4B | ¥16.1B |
| Minority Interest | ¥3.2B | ¥3.8B | ¥3.3B | ¥4.9B | ¥4.0B |
| Comprehensive Income | ¥40.6B | ¥-21.8B | ¥67.4B | ¥56.7B | ¥39.0B |
| EBITDA | ¥58.4B | ¥61.1B | ¥75.9B | ¥75.6B | ¥54.5B |
| Goodwill Amort. (J-GAAP) | ¥4.9B | ¥8.7B | ¥8.2B | ¥7.5B | ¥7.0B |
| EPS | ¥94.05 | ¥-265.94 | ¥119.45 | ¥105.16 | ¥75.55 |
| Shares Outstanding | 213.5M | 213.5M | 213.2M | 213.2M | 213.2M |
| Shares Issued (total) | 224.9M | 224.9M | 224.9M | 224.9M | 224.9M |
| Treasury Shares | 11.4M | 11.5M | 11.7M | 11.7M | 11.8M |
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥664.0B | ¥640.8B | ¥640.0B | ¥576.5B | ¥512.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥258.8B | ¥270.4B | ¥262.9B | ¥246.7B | ¥215.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥90.2B | ¥92.2B | ¥77.5B | ¥70.9B | ¥78.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥64.8B | ¥66.0B | ¥63.7B | ¥63.1B | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥405.2B | ¥370.4B | ¥377.1B | ¥329.8B | ¥297.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥290.4B | ¥264.6B | ¥223.8B | ¥181.9B | ¥144.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥26.7B | ¥37.5B | ¥49.2B | ¥52.8B | ¥55.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥61.5B | ¥66.3B | ¥117.1B | ¥118.8B | ¥123.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥40.3B | ¥33.3B | ¥31.0B | ¥22.5B | ¥21.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥1.6B | ¥1.0B | ¥492M | ¥2.2B | ¥3.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥311.2B | ¥315.6B | ¥279.9B | ¥275.6B | ¥255.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥126.7B | ¥147.7B | ¥137.0B | ¥146.7B | ¥130.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥20.4B | ¥23.1B | ¥25.7B | ¥28.1B | ¥22.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥11.1B | ¥14.4B | ¥10.2B | ¥20.7B | ¥14.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥2.5B | ¥3.8B | ¥4.0B | ¥5.7B | ¥5.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥184.5B | ¥167.9B | ¥142.9B | ¥128.9B | ¥125.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥130.0B | ¥117.3B | ¥96.4B | ¥90.7B | ¥93.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥4.8B | ¥7.7B | ¥7.7B | ¥6.6B | ¥7.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥35.9B | ¥30.0B | ¥30.3B | ¥24.2B | ¥18.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥352.8B | ¥325.2B | ¥360.1B | ¥300.9B | ¥256.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥20.4B | ¥20.4B | ¥20.4B | ¥20.4B | ¥20.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥9.4B | ¥10.7B | ¥13.8B | ¥13.8B | ¥17.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥160.3B | ¥146.4B | ¥210.2B | ¥191.8B | ¥175.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-7.0B | ¥-7.1B | ¥-7.2B | ¥-7.2B | ¥-7.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥135.2B | ¥119.1B | ¥87.3B | ¥50.1B | ¥22.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥183.1B | ¥170.5B | ¥237.2B | ¥218.8B | ¥206.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥34.5B | ¥35.6B | ¥35.6B | ¥32.0B | ¥27.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥141.1B | ¥131.7B | ¥106.6B | ¥111.5B | ¥108.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-51.0B | ¥-39.5B | ¥-29.2B | ¥-40.5B | ¥-29.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-52.4B | ¥-45.2B | ¥-17.0B | ¥-28.9B | ¥-40.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥-245 | ¥-212 | ¥-80 | ¥-136 | ¥-191 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥858 | ¥799 | ¥1,113 | ¥1,026 | ¥968 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥55.9B | ¥64.5B | ¥62.1B | ¥41.2B | ¥38.1B |
| Interest Paid | ¥-2.3B | ¥-2.0B | ¥-1.6B | ¥-1.0B | ¥-1.1B |
| Interest Received | ¥2.9B | ¥2.6B | ¥2.3B | ¥1.3B | ¥1.2B |
| D&A | ¥27.7B | ¥33.0B | ¥29.1B | ¥27.5B | ¥22.9B |
| Goodwill Amort. | ¥4.9B | ¥8.7B | ¥8.2B | ¥7.5B | ¥7.0B |
| Investing CF | ¥-51.1B | ¥-70.8B | ¥-47.6B | ¥-49.9B | ¥-35.3B |
| CapEx | ¥41.1B | ¥53.6B | ¥45.4B | ¥44.0B | ¥29.0B |
| Purchase Investments | ¥-559M | — | — | — | ¥-1.5B |
| Proceeds from Invest. | ¥4.3B | — | — | — | — |
| Financing CF | ¥-7.7B | ¥9.4B | ¥-14.5B | ¥-10.6B | ¥1.2B |
| Dividends Paid | ¥-6.4B | ¥-7.0B | ¥-7.0B | ¥-6.4B | ¥-6.4B |
| LT Debt Repaid | ¥-8.3B | ¥-3.2B | ¥-10.9B | ¥-13.2B | ¥-9.5B |
| Free Cash Flow | ¥14.8B | ¥10.9B | ¥16.7B | ¥-2.8B | ¥9.1B |
| Net Change in Cash | ¥-808M | ¥8.7B | ¥7.1B | ¥-15.1B | ¥6.7B |
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 6.6% | -18.5% | 8.6% | 9.0% | 7.5% |
| ROA | 3.1% | -8.9% | 4.2% | 4.1% | 3.1% |
| EPS | ¥94.05 | ¥-265.94 | ¥119.45 | ¥105.16 | ¥75.55 |
| DPS | ¥30.00 | ¥30.00 | ¥36.00 | ¥30.00 | ¥30.00 |
| BPS | ¥1,491.09 | ¥1,356.42 | ¥1,521.89 | ¥1,260.95 | ¥1,075.19 |
| FCF/Share | ¥69 | ¥51 | ¥78 | ¥-13 | ¥43 |
| NCAV/Share | ¥-245 | ¥-212 | ¥-80 | ¥-136 | ¥-191 |
| Payout Ratio | 31.9% | — | 30.1% | 28.5% | 39.7% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 65
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-13
16:30
|
Capital Policy | ¥40.0/sh +33% | Tokai Carbon raised its shareholder return policy by increasing the consolidated payout ratio target from 30% to 40% and… | |
|
Summary
Tokai Carbon raised its shareholder return policy by increasing the consolidated payout ratio target from 30% to 40% and introducing an adjusted DOE (Dividend on Equity) metric of 5% as an alternative hurdle, effective FY2026. The company increased its FY2026 dividend forecast from ¥30 to ¥40 per share (+33%) and committed to reduce strategic shareholdings from ¥36.3 billion (10% of net assets) to approximately ¥10.9 billion (3% of net assets) by end-2028, with proceeds to fund opportunistic share buybacks.
Deadline: 2028-12-31
YoY: +33%
Source (JP)
連結配当性向 40%程度、または前期末株主資本を基準とする調整後 DOE5%を目安(累進配当)として、いずれか高い方を選択して安定的・継続的に配当を実施。政策保有株式の残高を2028年12月末までに2025年12月末比70%程度縮減し、連結純資産に対する比率を3%程度まで縮減する方針。
株主還元方針の変更、配当予想の修正(増配)及び政策保有株式の縮減方針に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
42,757 | 20.03% |
| 2 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
17,151 | 8.03% |
| 3 |
STATE STREET BANK AND TRUST COMPANY
STATE STREET BANK AND TRUST COMPANY 505223(常任代理人株式会社みずほ銀行決済営業部)
|
6,017 | 2.82% |
| 4 | 株式会社三菱UFJ銀行 | 5,827 | 2.73% |
| 5 |
Mitsubishi UFJ Trust and Banking
三菱UFJ信託銀行株式会社
|
4,609 | 2.16% |
| 6 |
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001(常任代理人株式会社みずほ銀行決済営業部)
|
3,711 | 1.74% |
| 7 |
JPMorgan Chase Bank, N.A.
JP MORGAN CHASE BANK 385781(常任代理人株式会社みずほ銀行決済営業部)
|
2,787 | 1.31% |
| 8 |
Tokio Marine & Nichido Fire Insurance Co., Ltd.
東京海上日動火災保険株式会社
|
2,426 | 1.14% |
| 9 | 野村信託銀行株式会社(投信口) | 2,149 | 1.01% |
| 10 | 明治安田生命保険相互会社 | 2,032 | 0.95% |
as of 2025-12-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
28.1%
+0.7% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
5.9%
-1.1% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
8.0%
+0.7% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 41.9% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 20.38% | 19.82% | 20.03% +0.21% | |
| Japan Custody Bank 日本カストディ銀行 | 8.44% | 7.55% | 8.03% +0.48% | |
| State Street | 2.43% | 4.72% | 4.56% -0.16% | |
| 三菱UFJ銀行 NEW ENTRY | — | — | — | 2.73% NEW |
| Mitsubishi UFJ Trust and Banking 三菱UFJ信託銀行 | 2.16% | 2.16% | 2.16% | |
| JP Morgan NEW ENTRY | — | — | — | 1.31% NEW |
| Tokio Marine & Nichido Fire Insurance Co., Ltd. 東京海上日動火災保険 | 1.14% | 1.14% | 1.14% | |
| 野村信託銀行株式会社(投信口) NEW ENTRY | — | — | — | 1.01% NEW |
| 明治安田生命保険 NEW ENTRY | 0.95% | — | 0.95% NEW | |
| MUFG Bank 式会社三菱UFJ銀行 last seen 2024 | Exited Top 10 | 2.73% | 2.73% | — |
| Northern Trust last seen 2024 | Exited Top 10 | — | 2.22% | — |
| Morgan Stanley last seen 2024 | Exited Top 10 | 1.29% | 1.31% | — |
| JPモルガン証券 last seen 2023 | Exited Top 10 | 1.20% | — | — |
| Concentration (HHI) ⓘ | 510 | 492 | 504 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥36,333M
+38% since 2023
Holdings
43
+2 new
8 exited
Trend
1 unwinding
vs 2023
| Held Company | FY2025 ¥36,333M total | FY2023 ¥26,418M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
13,698 |
5,494,680
|
6,656 | 5,494,680 | M |
|
BRIDGESTONE CORPORATION
㈱ブリヂストン
|
4,885 |
+100.0%
↑
1,390,216
|
4,059 | 695,108 | |
|
Daido Special Steel Co., Ltd.
大同特殊鋼㈱
|
2,345 |
+1.2%
↑
1,466,088
|
2,174 | 1,448,385 | M |
| TOYO TIRE㈱ | 1,646 |
379,811
|
896 | 379,811 | M |
|
ZEON CORPORATION
日本ゼオン㈱
|
1,593 |
890,475
|
1,166 | 890,475 | M |
|
Kyushu Financial Group,Inc.
㈱九州フィナンシャルグループ
|
1,410 |
1,385,504
|
1,128 | 1,385,504 | M |
|
Fukuoka Financial Group, Inc.
㈱ふくおかフィナンシャルグループ
|
1,118 |
220,756
|
734 | 220,756 | M |
|
Mitsubishi Estate Company, Limited
三菱地所㈱
|
1,116 |
292,075
|
567 | 292,075 | M |
|
NOK CORPORATION
NOK㈱
|
890 |
317,000
|
596 | 317,000 | M |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス㈱
|
865 |
148,830
|
525 | 148,830 | M |
| K.C.Tech Co.,Ltd. | 663 |
NEW
New
152,996
|
— | ||
|
The Yokohama Rubber Company,Limited
横浜ゴム㈱
|
657 |
109,298
|
353 | 109,298 | M |
|
Yamato Kogyo Co., Ltd.
大和工業㈱
|
556 |
52,064
|
387 | 52,064 | |
|
THE SHIGA BANK,LTD.
㈱滋賀銀行
|
499 |
69,600
|
242 | 69,600 | M |
|
Yamaguchi Finacial Group,Inc.
㈱山口フィナンシャルグループ
|
467 |
220,000
|
277 | 220,000 | M |
|
Sumitomo Rubber Industries, Ltd.
住友ゴム工業㈱
|
380 |
157,455
|
241 | 157,455 | M |
|
JEOL Ltd.
日本電子㈱
|
314 |
62,500
|
386 | 62,500 | M |
| KC Co.,Ltd. | 291 |
NEW
New
104,525
|
— | M | |
|
TOPY INDUSTRIES,LIMITED
トピー工業㈱
|
287 |
+10.4%
↑
93,037
|
215 | 84,291 | |
|
TYK CORPORATION
東京窯業㈱
|
285 |
485,000
|
207 | 485,000 | M |
|
TOYODA GOSEI CO.,LTD.
豊田合成㈱
|
269 |
68,252
|
180 | 68,252 | M |
|
NIPPON STEEL CORPORATION
日本製鉄㈱
|
252 |
+400.0%
↑
393,330
|
254 | 78,666 | M |
|
TOKYO TEKKO CO., LTD.
東京鐵鋼㈱
|
245 |
39,787
|
164 | 39,787 | M |
|
TOAGOSEI CO., LTD.
東亞合成㈱
|
229 |
-70.0%
↓
139,551
|
637 | 464,951 | M |
|
KYOEI STEEL LTD.
共英製鋼㈱
|
220 |
90,000
|
179 | 90,000 | |
|
Mitsubishi Kakoki Kaisha, Ltd.
三菱化工機㈱
|
179 |
+200.0%
↑
55,800
|
60 | 18,600 | M |
|
The Yamanashi Chuo Bank,Ltd.
㈱山梨中央銀行
|
176 |
43,787
|
73 | 43,787 | M |
|
Makino Milling Machine Co.,Ltd.
㈱牧野フライス製作所
|
158 |
14,400
|
84 | 14,400 | M |
|
OSAKA STEEL CO.,LTD.
大阪製鐵㈱
|
152 |
55,000
|
136 | 55,000 | M |
|
AICHI STEEL CORPORATION
愛知製鋼㈱
|
115 |
+335.4%
↑
39,521
|
28 | 9,077 | M |
|
SODA NIKKA CO., LTD.
ソーダニッカ㈱
|
94 |
87,285
|
93 | 87,285 | M |
|
Dengyosha Machinery Manufacturing Co., Ltd.
㈱電業社機械製作所
|
85 |
16,200
|
60 | 16,200 | M |
|
The Bank of Iwate,Ltd.
㈱岩手銀行
|
60 |
11,550
|
28 | 11,550 | M |
|
JFE Holdings,Inc.
JFEホールディングス㈱
|
39 |
19,988
|
43 | 19,988 | |
|
SUMCO CORPORATION
㈱SUMCO
|
31 |
21,700
|
45 | 21,700 | M |
|
Bando Chemical Industries, Ltd.
バンドー化学㈱
|
28 |
14,006
|
21 | 14,006 | |
|
KIMURA CHEMICAL PLANTS CO., LTD.
木村化工機㈱
|
17 |
14,500
|
10 | 14,500 | |
|
ENEOS Holdings,Inc.
ENEOSホールディングス㈱
|
17 |
15,536
|
8 | 15,536 | M |
|
Kobe Steel, Ltd.
㈱神戸製鋼所
|
2 |
1,369
|
2 | 1,369 | |
|
Godo Steel,Ltd.
合同製鐵㈱
|
— | — | |||
|
MiyoshiOil&FatCo.,Ltd.
ミヨシ油脂㈱
|
— | — | M | ||
|
Daiwa Securities Group Inc.
㈱大和証券グループ本社
|
— | — | M | ||
|
Nomura Holdings Inc.
野村ホールディングス㈱
|
— | — | |||
|
Mitsubishi Corporation
三菱商事㈱
|
— |
−100%
Exit
—
|
2,449 | 1,087,161 | |
|
Itochu Corporation
伊藤忠商事㈱
|
— |
−100%
Exit
—
|
53 | 9,315 | |
|
Sumitomo Corporation
住友商事㈱
|
— |
−100%
Exit
—
|
221 | 71,973 | |
|
Sanyo Special Steel Co.,Ltd.
山陽特殊製鋼㈱
|
— |
−100%
Exit
—
|
69 | 26,446 | M |
| K.C.Tech Co., Ltd. | — |
−100%
Exit
—
|
453 | 152,996 | |
| KC Co., Ltd. | — |
−100%
Exit
—
|
212 | 104,525 | M |
|
Sumitomo Riko Company Limited
住友理工㈱
|
— |
−100%
Exit
—
|
24 | 23,104 | M |
|
AGC Inc.
AGC㈱
|
— |
−100%
Exit
—
|
23 | 4,410 | |
| Portfolio total | 36,333 | 26,418 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding