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.
← Companies
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