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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5301","jir_company_name":"Tokai Carbon Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5301-20260311-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of Capital Policy\nTokai Carbon Co., Ltd. has decided to issue 25 billion yen of its 4th series of interest payment deferred, callable unsecured bonds (subordinated bonds with special provisions). The interest rate is initially 2.981%, with payment scheduled on March 25, 2026, and a redemption maturity date of March 25, 2061. Early redemption is possible from March 25, 2031, onwards, with interest payments made semiannually on March 25 and September 25. Interest payments may be suspended at the company\u2019s discretion. The bond's repayment priority is subordinated to general creditors and senior to common shares. The bonds are rated BBB+ by Rating and Investment Information, Inc., and A- by Japan Credit Rating Agency, Ltd., with 50% capital treatment.\n\n### Impact on Shareholders and Future Outlook\nThese public hybrid bonds are debt instruments and will not cause dilution of shares. Nomura Securities Co., Ltd. serves as the lead managing underwriter along with several co-managers. The issuance will be conducted via a public offering format within Japan. Securities settlement will be handled by Japan Securities Depository Center, Inc., and the financial agent and related services by Mitsubishi UFJ Bank, Ltd. This issuance is expected to stabilize capital and strengthen the financial base.","jir_financial_highlights":"Total Bond Amount: 25 billion yen (Unknown)\nInitial Interest Rate: 2.981% (Unknown)\nRedemption Maturity: March 25, 2061 (Unknown)","jir_category":"","jir_hashtags":"#TokaiCarbonCoLtd, #CapitalPolicy, #HybridBonds, #JapaneseStocks","jir_key_figures":"Total Bond Amount: 25 billion yen\nInitial Interest Rate: 2.981%\nRedemption Maturity: March 25, 2061","jir_meta_title":"Tokai Carbon Co., Ltd. Finalizes Terms for 25 Billion Yen Public Hybrid Bond Issuance","jir_meta_description":"Tokai Carbon Co., Ltd. to issue 4th series public hybrid bonds worth 25 billion yen on March 25, 2026, with a 2.981% interest rate and a redemption maturity of March 25, 2061, evaluated at 50% capital treatment.","jir_og_title":"Tokai Carbon Announces Terms for 25 Billion Yen Public Hybrid Bond Issuance","jir_og_description":"Tokai Carbon Co., Ltd. to issue 4th series public hybrid bonds totaling 25 billion yen with an interest rate of 2.981% and redemption on March 25, 2061. No share dilution expected.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8924,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-34237","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n