#TokaiCarbon

Announced a partial correction regarding the disposal of 40,440 shares of treasury stock (disposal price 949.5 yen per share, total 38,397,779 yen) as restricted stock compensation to five directors on April 17, 2026.

Scheduled to dispose of 40,400 shares of treasury stock on April 17, 2026, as restricted stock compensation at 949.5 yen per share, totaling 38,397,779 yen.

Tokai Carbon Co., Ltd. will issue the 4th series of public hybrid bonds totaling 25 billion yen on March 25, 2026. The interest rate is 2.981%, with a redemption maturity of March 25, 2061.

For the fiscal year ending December 2025, net sales were 322.96 billion yen (YoY -7.8%), operating income was 25.85 billion yen (+33.3%), and net income attributable to owners of parent significantly increased to 20.07 billion yen. The year-end dividend is planned at 15 yen, with an annual dividend of 30 yen.

Tokai Carbon aims for net sales of 500 billion yen, an EBITDA margin of 20%, and an ROIC of 12% by 2030, promoting focused investment in growth businesses and structural reforms.

Tokai Carbon aims for net sales of 500 billion yen, EBITDA of 20%, and ROIC of 12% by 2030. While considering the slowdown in the EV market, it is promoting initiatives including responding to AI-driven growth, developing sustainable technologies, and structural reforms, aiming to reduce cost of capital and achieve an early PBR above 1x.

Consolidated net sales for the fiscal year ending December 2025 amounted to ¥322.96 billion (7.8% decrease YoY), operating income was ¥25.85 billion (33.3% increase YoY), and net income attributable to owners of parent was ¥20.078 billion.