Tokai Carbon Co., Ltd.
Stock Price Chart
2026/08/21 UpdatedPrice Trend
2026/08/21 UpdatedPrice & Trading Details
2026/08/21 UpdatedPRICE
TRADING
Analyst Recommendations 4 analysts
Updated 2026/08/01Earnings Calendar
Updated 2026/08/01Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2022/11/06 | ¥32.84 | ¥32.21 | -1.9% |
| 2022/05/10 | ¥36.82 | ¥18.97 | -48.5% |
| 2022/02/07 | ¥9.57 | ¥30.71 | +220.9% |
| 2021/11/03 | ¥17.54 | ¥18.06 | +3.0% |
Shareholder Composition
Updated 2026/08/01Major Holders
Updated 2026/08/01| Institution | Ownership | Shares | Change |
|---|---|---|---|
|
American Century ETF Trust-Avantis International Small Cap Value ETF
|
5.8M | +8.46% | |
|
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
|
2.8M | 0.00% | |
|
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
|
1.8M | +2.10% | |
|
iShares Trust-iShares Core MSCI EAFE ETF
|
1.5M | 0.00% | |
|
Goldman Sachs TRT-Goldman Sachs Intl Small Cap Insights Fd.
|
1.5M | -11.61% | |
|
Dimensional ETF Trust-Dimensional International Small Cap Value ETF
|
1.2M | +1.62% |
Dividend History
Updated 2026/08/23| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥20 | -33.3% |
| 2025 | ¥30 | 0.0% |
| 2024 | ¥30 | -16.7% |
| 2023 | ¥36 | +20.0% |
| 2022 | ¥30 | - |
Financial Performance
2026/08/23 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥258,874M | ¥340,371M | ¥363,946M | ¥350,114M |
| Gross Profit | ¥70,732M | ¥94,052M | ¥98,727M | ¥80,635M |
| Operating Income | ¥24,647M | ¥40,589M | ¥38,729M | ¥19,387M |
| Pretax Income | ¥24,397M | ¥43,153M | ¥43,563M | -¥45,680M |
| Net Income | ¥16,105M | ¥22,418M | ¥25,468M | -¥56,736M |
| EPS | ¥75.55 | ¥105.16 | ¥119.45 | -¥265.94 |
| Operating Margin | 9.52% | 11.92% | 10.64% | 5.54% |
| Balance Sheet | ||||
| Total Assets | ¥512,503M | ¥576,465M | ¥640,005M | ¥640,753M |
| Total Equity | ¥229,208M | ¥268,824M | ¥324,488M | ¥289,555M |
| Total Liabilities | ¥283,295M | ¥307,641M | ¥315,517M | ¥351,198M |
| Cash | ¥78,858M | ¥70,909M | ¥77,465M | ¥92,207M |
| Interest-bearing Debt | ¥168,249M | ¥171,451M | ¥170,157M | ¥199,110M |
| Equity Ratio | 44.72% | 46.63% | 50.70% | 45.19% |
| D/E Ratio | 0.73 | 0.64 | 0.52 | 0.69 |
| Cash Flow | ||||
| Operating CF | ¥38,072M | ¥41,205M | ¥62,074M | ¥64,471M |
| Investing CF | -¥35,282M | -¥49,900M | -¥47,632M | -¥70,777M |
| Financing CF | ¥1,211M | -¥10,629M | -¥14,512M | ¥9,410M |
| Free CF | ¥8,542M | -¥4,006M | ¥12,457M | ¥9,361M |
| Efficiency | ||||
| ROE | 7.03% | 8.34% | 7.85% | -19.59% |
| ROA | 3.14% | 3.89% | 3.98% | -8.85% |
Latest IR Information
-
2026 Fiscal Year End Second Quarter Financial Results Briefing Materials
Sales increased by 9.9% year over year to 173,728 million yen, operating income rose by 11.1% to 7,239 million yen, with segment trends and the impact of raw material and price movements discussed in the analysis of EBITDA changes.
Read more -
Fiscal Year Ending December 2026 Q2 Interim Financial Results Summary
Discloses key interim period indicators such as consolidated net sales, operating income, and net income. Provides segment-by-segment sales and profits and the status of assets, liabilities, and net assets, with notes that may reference the outlook for the 2026 December...
Read more -
Notice Regarding the Difference Between the Consolidated Earnings Forecast for the First Half and the Actuals and the Revision of the Consolidated Full-Year Earnings Forecast
Net sales
Read more -
Notice Regarding Executive Change
Announces changes in executives. On 2026-09-21, Shinichi Makino was appointed as Deputy Head of the Carbon Black Business Unit and Project Manager for the CB Business Restructuring Project (Executive Officer). No change to the representative director.
Read more -
Announcement of Post-adjustment Completion for Commitment-type Treasury Stock Acquisition (FCSR)
Final acquired shares after post-adjustment: 8,831,200 shares. Average price: 1,698.5197 yen (VWAP arithmetic mean × 100.176%). Shares purchased: 11,210,700 shares; adjusted shares decreased by 2,379,500 shares. Issued upon exercise of stock options.
Read more
Latest News (5 items)
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Average Analyst Rating: none
Average Target Price: ¥2,075
Rating Score: 1.50 (Based on 4 analysts)
※1=Strong Buy, 5=Strong Sell
Company Information
About
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.