5304
SEC CARBON,LIMITED
SECカーボン株式会社
Glass & Ceramics Products
Sec Carbon,Limited engages in the manufacture and sale of graphite electrodes for steel making. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the chemical, electrochemistry, machine, and metallurgy industries. The company also provides fine powder that is used in various industries, such as automobile paint, sliding materials, metallurgic uses, and batteries. In addition, it is also involved in research and development related to molten salt electrolysis. The company was formerly known as SEC Corporation and changed its name to Sec Carbon,Limited in October 2006. Sec Carbon,Limited was incorporated in 1934 and is headquartered in Amagasaki, Japan.
Price
¥2,555
Market Cap
¥51.2B
Ent. Value
—
Net Cash
est
—
Shares Out.
20.0M
P / E
8.9×
EV / EBIT
—
⚠ TSE Capital Mandate
P / Book
0.69×
P / NCAV
1.34×
Div. Yield
3.91%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥31.2B | ¥37.3B | ¥30.4B | ¥22.9B |
| Cost of Sales | ¥20.1B | ¥22.6B | ¥20.2B | ¥16.5B |
| Gross Profit | ¥11.1B | ¥14.7B | ¥10.2B | ¥6.4B |
| SG&A | ¥4.3B | ¥4.5B | ¥3.7B | ¥3.2B |
| Operating Income | ¥6.8B | ¥10.2B | ¥6.5B | ¥3.2B |
| Non-Operating Income | ¥1.1B | ¥1.4B | ¥1.1B | ¥576M |
| Dividend Income | ¥891M | ¥678M | ¥517M | ¥258M |
| Interest Income | ¥68M | ¥47M | ¥9M | ¥4M |
| Non-Operating Expenses | ¥195M | ¥17M | ¥17M | ¥19M |
| Interest Expense | — | — | ¥0M | ¥0M |
| Ordinary Income | ¥7.7B | ¥11.6B | ¥7.6B | ¥3.8B |
| Pre-tax Income | ¥8.2B | ¥10.4B | ¥7.6B | ¥3.7B |
| Income Taxes | ¥2.4B | ¥3.1B | ¥2.2B | ¥688M |
| Current Tax | ¥2.2B | ¥3.5B | ¥2.2B | ¥915M |
| Deferred Tax | ¥244M | ¥-365M | ¥-31M | ¥-227M |
| Net Income (owners) | ¥5.8B | ¥7.3B | ¥5.4B | ¥3.0B |
| Minority Interest | ¥2M | ¥1M | ¥0M | ¥0M |
| Comprehensive Income | ¥3.9B | ¥11.9B | ¥7.4B | ¥3.4B |
| EBITDA | ¥8.1B | ¥11.6B | ¥7.6B | ¥4.4B |
| EPS | ¥285.59 | ¥359.16 | ¥1,329.05 | ¥747.68 |
| Shares Outstanding | 20.0M | 20.3M | 4.1M | 4.1M |
| Shares Issued (total) | 20.7M | 20.7M | 4.1M | 4.1M |
| Treasury Shares | 0.6M | 0.4M | 0.1M | 0.1M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥81.4B | ¥87.8B | ¥72.6B | ¥62.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥45.8B | ¥54.9B | ¥48.0B | ¥44.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥17.4B | ¥22.3B | ¥19.4B | ¥22.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥9.0B | ¥13.2B | ¥11.3B | ¥6.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥35.6B | ¥32.9B | ¥24.6B | ¥18.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥17.6B | ¥12.4B | ¥10.6B | ¥9.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥46M | ¥52M | ¥61M | ¥44M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥17.7B | ¥20.3B | ¥13.8B | ¥9.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥7.6B | ¥14.9B | ¥10.1B | ¥6.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥3.4B | ¥10.3B | ¥7.0B | ¥4.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥370M | ¥2.4B | ¥1.8B | ¥478M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥4.1B | ¥4.6B | ¥3.1B | ¥2.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥507M | ¥560M | ¥719M | ¥756M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥3.6B | ¥4.0B | ¥2.4B | ¥1.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥73.8B | ¥72.9B | ¥62.4B | ¥56.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥5.9B | ¥5.9B | ¥5.9B | ¥5.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥5.2B | ¥5.2B | ¥5.2B | ¥5.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥54.7B | ¥51.3B | ¥45.4B | ¥41.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-1.3B | ¥-692M | ¥-687M | ¥-686M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥9.3B | ¥11.1B | ¥6.5B | ¥4.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥64.5B | ¥61.8B | ¥55.9B | ¥51.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥13M | ¥11M | ¥10M | ¥9M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥17.4B | ¥22.3B | ¥19.4B | ¥22.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥38.2B | ¥40.0B | ¥37.8B | ¥37.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥1,907 | ¥1,966 | ¥9,303 | ¥9,237 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥3,219 | ¥3,039 | ¥13,739 | ¥12,660 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥4.5B | ¥7.8B | ¥2.3B | ¥7.6B |
| Interest Paid | — | — | ¥0M | ¥0M |
| Interest Received | ¥947M | ¥721M | ¥526M | ¥262M |
| D&A | ¥1.3B | ¥1.4B | ¥1.1B | ¥1.2B |
| Investing CF | ¥-5.4B | ¥-16.0B | ¥-4.3B | ¥-954M |
| CapEx | ¥6.5B | ¥3.2B | ¥2.3B | ¥806M |
| Purchase Investments | ¥-40M | ¥-70M | ¥-1.9B | ¥-18M |
| Proceeds from Invest. | ¥635M | ¥116M | — | — |
| Financing CF | ¥-3.0B | ¥-1.4B | ¥-1.0B | ¥-826M |
| Dividends Paid | ¥-2.3B | ¥-1.4B | ¥-1.0B | ¥-812M |
| Free Cash Flow | ¥-2.0B | ¥4.5B | ¥69M | ¥6.8B |
| Net Change in Cash | ¥-4.4B | ¥-9.7B | ¥-3.1B | ¥5.8B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 7.8% | 10.8% | 9.1% | 5.5% |
| ROA | 6.8% | 9.1% | 8.0% | 4.9% |
| EPS | ¥285.59 | ¥359.16 | ¥1,329.05 | ¥747.68 |
| DPS | ¥100.00 | ¥100.00 | ¥320.00 | ¥200.00 |
| BPS | ¥3,680.64 | ¥3,586.28 | ¥15,351.03 | ¥13,788.70 |
| FCF/Share | ¥-100 | ¥224 | ¥17 | ¥1,675 |
| NCAV/Share | ¥1,907 | ¥1,966 | ¥9,303 | ¥9,237 |
| Payout Ratio | 35.0% | 27.8% | 24.1% | 26.7% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 1
Capital Allocation Signals 2
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-14
15:30
|
Buyback | ¥1.0B 2.2% | Board resolved to repurchase up to 450,000 shares, ¥1.0B, 2.2% of outstanding. | |
|
Summary
Board resolved to repurchase up to 450,000 shares, ¥1.0B, 2.2% of outstanding.
% of Shares: 2.2%
Shares: 450,000
Source (JP)
合 2.24%)
(3)株式の取得価額の総額 1,000,000,000 円(上限)
(4)取得期間 2026 年 5 月 15 日から 2026 年 11 月 30 日
(5)取得方法 東京証券
自己株式取得に係る事項の決定に関するお知らせ
TDnet PDF
|
||||
|
2026-05-14
15:30
|
Div Increase | ¥1.0B ¥50.0/sh +0% | SEC Carbon announced a dividend of ¥50 per share (¥1,002 million total) with an effective date of June 8, 2026, based on… | |
|
Summary
SEC Carbon announced a dividend of ¥50 per share (¥1,002 million total) with an effective date of June 8, 2026, based on the March 31, 2026 record date. Combined with the interim dividend of ¥50 per share already paid, the full-year dividend reaches ¥100 per share, meeting the company's stated policy of ¥100 per share or 30% dividend payout ratio, whichever is higher. This maintains the prior year's dividend level while demonstrating commitment to stable shareholder returns.
YoY: +0%
Source (JP)
1株当たり50円の配当を実施いたします。これにより、実施済みの中間配当金50円を含めた年間配当金は1株当たり100円となります。
剰余金の配当に関するお知らせ
TDnet PDF
|
||||
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 | 大谷製鉄株式会社 | 3,980,000 | 19.85% |
| 2 |
Mitsubishi Corporation
三菱商事株式会社
|
1,961,000 | 9.78% |
| 3 |
Sumitomo Corporation
住友商事株式会社
|
1,006,500 | 5.02% |
| 4 |
Nippon Carbon Co. , Ltd.
日本カーボン株式会社
|
813,000 | 4.06% |
| 5 | 公益財団法人大谷教育文化振興財団 | 679,500 | 3.39% |
| 6 | 大 谷 民 明 | 600,000 | 2.99% |
| 7 |
MUFG Bank
株式会社三菱UFJ銀行
|
533,470 | 2.66% |
| 8 |
Yamato Kogyo Co., Ltd.
大和工業株式会社
|
477,500 | 2.38% |
| 9 | 日鉄エンジニアリング株式会社 | 418,250 | 2.09% |
| 10 | MSIP CLIENT SECURITIES(常任代理人 モルガン・スタンレーMUFG証券株式会社) | 361,350 | 1.80% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
54.0%
+0.1% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 54.0% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 大谷製鉄 | 19.58% | 19.58% | 19.85% +0.27% | |
| Mitsubishi Corporation 三菱商事 | 9.65% | 9.65% | 9.78% +0.13% | |
| Sumitomo Corporation 住友商事 | 4.95% | 4.95% | 5.02% +0.07% | |
| Nippon Carbon Co. , Ltd. 日本カーボン | 2.99% | 4.00% | 4.06% +0.06% | |
| 公益財団法人大谷教育文化振興財団 | 3.34% | 3.34% | 3.39% +0.05% | |
| 大 谷 民 明 | 2.95% | 2.95% | 2.99% +0.04% | |
| MUFG Bank 式会社三菱UFJ銀行 | 2.62% | 2.62% | 2.66% +0.04% | |
| Yamato Kogyo Co., Ltd. 大和工業 | 2.35% | 2.35% | 2.38% +0.03% | |
| 日鉄エンジニアリング | 2.06% | 2.06% | 2.09% +0.03% | |
| MSIP CLIENT SECURITIES NEW ENTRY | — | — | — | 1.80% NEW |
| コーソ運輸工業 last seen 2024 | Exited Top 10 | 2.43% | 2.43% | — |
| Concentration (HHI) ⓘ | 552 | 559 | 572 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥17,426M
+29% since 2023
Holdings
31
+1 new
9 exited
Trend
10 building
vs 2023
| Held Company | FY2025 ¥17,426M total | FY2023 ¥13,558M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Yamato Kogyo Co., Ltd.
大和工業㈱
|
10,335 |
1,307,000
|
6,979 | 1,307,000 | M |
|
Nippon Carbon Co. , Ltd.
日本カーボン㈱
|
1,852 |
444,200
|
1,821 | 444,200 | M |
| 日本電信電話㈱ | 1,118 |
+2400.0%
↑
7,730,000
|
1,225 | 309,200 | |
|
Mitsubishi Corporation
三菱商事㈱
|
537 |
+200.0%
↑
204,600
|
324 | 68,200 | M |
|
Sumitomo Electric Industries, Ltd.
住友電気工業㈱
|
500 |
203,000
|
344 | 203,000 | |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
452 |
225,000
|
190 | 225,000 | |
|
NIPPON STEEL CORPORATION
日本製鉄㈱
|
435 |
+1.2%
↑
136,331
|
420 | 134,701 | |
|
TOPY INDUSTRIES,LIMITED
トピー工業㈱
|
305 |
+10.5%
↑
143,848
|
257 | 130,134 | |
|
Chubu Steel Plate Co.,Ltd.
中部鋼鈑㈱
|
276 |
+2.3%
↑
130,897
|
302 | 127,961 | M |
|
DAI-DAN CO.,LTD.
ダイダン㈱
|
215 |
+100.0%
↑
58,000
|
68 | 29,000 | |
|
NAKABAYASHI CO.,LTD.
ナカバヤシ㈱
|
184 |
361,000
|
171 | 361,000 | M |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
181 |
44,800
|
84 | 44,800 | |
|
Daido Special Steel Co., Ltd.
大同特殊鋼㈱
|
163 |
+439.0%
↑
137,197
|
132 | 25,454 | |
|
Sumitomo Corporation
住友商事㈱
|
121 |
36,000
|
84 | 36,000 | M |
|
Godo Steel,Ltd.
合同製鐵㈱
|
112 |
+6.2%
↑
29,082
|
92 | 27,390 | |
|
Kyoto Financial Group, Inc.
㈱京都フィナンシャルグループ
|
103 |
NEW
New
45,600
|
— | ||
|
Itochu Corporation
伊藤忠商事㈱
|
82 |
12,000
|
51 | 12,000 | |
|
JFE Holdings,Inc.
JFEホールディングス㈱
|
81 |
44,400
|
74 | 44,400 | |
|
Nichia Steel Industry Co., Ltd.
日亜鋼業㈱
|
78 |
252,000
|
74 | 252,000 | M |
|
T&D Holdings, Inc.
㈱T&Dホールディングス
|
63 |
20,000
|
32 | 20,000 | |
|
Japan Metallurgical & Chemical Co., Ltd.
日本冶金工業㈱
|
55 |
+13.4%
↑
13,307
|
49 | 11,737 | |
|
KFC Ltd
㈱ケー・エフ・シー
|
48 |
36,000
|
46 | 36,000 | M |
|
Chuo Warehouse Co.
㈱中央倉庫
|
29 |
21,000
|
22 | 21,000 | |
|
ENEOS Holdings,Inc.
ENEOSホールディングス㈱
|
24 |
31,030
|
14 | 31,030 | |
|
SAKURAJIMA FUTO KAISHA,LTD.
櫻島埠頭㈱
|
17 |
10,000
|
13 | 10,000 | M |
|
Mitsubishi Steel Mfg. Co.,Ltd.
三菱製鋼㈱
|
16 |
10,000
|
11 | 10,000 | |
|
AIR WATER INC.
エア・ウォーター㈱
|
15 |
8,000
|
13 | 8,000 | |
|
The Shikoku Bank, Ltd.
㈱四国銀行
|
12 |
10,700
|
9 | 10,700 | M |
|
Shinsho Corporation
神鋼商事㈱
|
11 |
+8.9%
↑
2,053
|
10 | 1,886 | |
|
Sojitz Corporation
双日㈱
|
6 |
2,100
|
5 | 2,100 | |
|
Tokai Tokyo Financial Holdings, Inc.
東海東京フィナンシャル・ホールディングス㈱
|
— | — | |||
|
TOKAI CARBON CO., LTD.
東海カーボン㈱
|
— |
−100%
Exit
—
|
1 | 1,000 | |
|
Kao Corporation
花王㈱
|
— |
−100%
Exit
—
|
361 | 70,000 | |
| ㈱淀川製鋼所 | — |
−100%
Exit
—
|
63 | 23,200 | |
|
OSAKA GAS CO.,LTD.
大阪瓦斯㈱
|
— |
−100%
Exit
—
|
45 | 21,000 | |
|
Kurogane Kosakusho Ltd.
㈱くろがね工作所
|
— |
−100%
Exit
—
|
1 | 2,800 | M |
|
The Bank of Kyoto
㈱京都銀行
|
— |
−100%
Exit
—
|
71 | 11,400 | M |
|
EDION Corporation
㈱エディオン
|
— |
−100%
Exit
—
|
64 | 50,500 | |
|
Kirin Holdings Company, Limited
キリンホールディングス㈱
|
— |
−100%
Exit
—
|
35 | 17,000 | |
| ㈱三井E&Sホールディングス | — |
−100%
Exit
—
|
1 | 2,700 | |
| Portfolio total | 17,426 | 13,558 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding