Tokai Carbon Co., Ltd.

Tokai Carbon Co., Ltd.

TKCBF
Tokai Carbon Co., Ltd.US flagOther OTC
11.08
USD
- -
- -
2.37BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
472.69
536.76
491.83
415.53
498.47
1,085.14
1,229.3
945.47
1,214.36
1,596.56
1,706.99
1,641.1
1,512.82
1,671.57
Basic EPS, GAAP
5.68
12
11.65
-37.19
57.92
344.32
150.1
4.78
75.55
105.16
119.45
-264.76
94.05
62.02
Free Cash Flow per Basic Share
11.26
20.4
68.25
56.81
27.43
164.16
79.9
130.38
40.07
-18.79
58.43
43.88
60.73
- -
Dividend per Share
6
6
6
6
9
18
36
39
30
30
33
32.98
30
- -
Book Value per Share
451.69
457.85
462.69
419.56
468.52
794.85
908.96
874.68
920.18
995.29
1,081.66
783.24
846.77
1,080.68
Tangible Book Value per Share
574.93
553.92
533.01
480.6
519.73
685.08
426.96
429.08
624.92
853.82
1,139.96
1,206.16
1,364.62
1,331.44
Basic Weighted Avg Shares
214
213
213
213
213
213
213
213
213
213
213
213
213
213
Sales/Revenue/Turnover
100,935
114,576
104,864
88,580
106,252
231,302
262,028
201,542
258,874
340,371
363,946
350,114
322,960
356,440
Operating Margin (%)
1.64
3.23
3.9
1.28
10.44
31.59
20.74
3.9
9.52
11.92
10.64
5.54
8
7.13
Depreciation Expense
8,676
8,919
9,668
8,496
7,107
12,308
22,708
27,402
29,871
34,982
37,220
41,733
32,592
- -
Net Income, GAAP
1,213
2,562
2,484
-7,929
12,346
73,393
31,994
1,019
16,105
22,418
25,468
-56,485
20,078
13,225
Effective Tax Rate (%)
61.59
40.25
64.6
- -
18.86
22.48
33.53
37.33
13.91
35.1
31.53
- -
24.72
40.77
Profit Margin (%)
1.2
2.24
2.37
-8.95
11.62
31.73
12.21
0.51
6.22
6.59
7
-16.13
6.22
3.71
Working Capital
48,599
49,788
56,842
48,617
48,574
72,566
78,905
85,022
84,731
99,995
125,919
122,428
132,102
152,212
LT Debt
5,044
16,713
14,398
4,137
2,068
8,000
79,666
106,764
93,539
90,706
99,939
125,171
139,245
115,895
Total Equity
123,230
132,341
124,968
112,986
127,127
207,832
232,973
224,815
256,568
300,865
360,100
324,737
352,843
401,303
Return on Invested Capital (%)
0.45
1.38
0.89
- -
6.52
27.34
11.04
1.28
5.19
5.8
5.24
- -
3.57
2.69
Return on Capital (%)
1.28
2.26
2.13
- -
10.97
40.94
10.05
-0.33
3.42
4.5
5.46
- -
4.61
2.42
Return on Common Equity (%)
1.26
2.64
2.53
-8.43
13.04
54.51
17.62
0.54
8.42
10.98
11.5
-28.4
11.54
5.81

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
70,218
64,222
62,727
LT Borrowings
96,424
105,762
115,895
LT Finance Leases
3,515
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
213
213
213
Market Capitalization
219,602
202,483
215,228

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
262,890
261,850
276,334
Cash, Cash Equivalents & STI
77,465
68,890
77,390
Accounts Receivable, Net
65,530
70,683
73,624
Inventories
109,331
113,314
116,258
Total Current Liabilities
136,971
124,428
124,122
Payables & Accruals
- -
- -
- -
ST Debt
70,218
64,222
62,727
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.49%
9.98%
8.66%
Free Cash Flow
-17.17%
-122.69%
38.5%
Net Income, GAAP
74.23%
215.19%
-135.55%
Sales/Revenue/Turnover
16.76%
11.06%
-7.76%
Total Cash Common Dividend
- -
- -
-8.98%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82,161
88,761
- -
- -
350,114
2025
- -
- -
- -
- -
322,960
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.63
- -
- -
- -
-264.76
2025
- -
- -
- -
- -
94.05
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
32.98
2025
- -
- -
- -
- -
30
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Hajime Nagasaka
Full Time Employees
4,436
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
Aoyama Building Tokyo TY Japan 107-8636
IPO Date
Sep 6, 2019
Business
Tokai Carbon Co., Ltd. manufactures and sells a broad range of carbon-related products worldwide, including graphite electrodes for electric arc furnace steelmaking; carbon black for reinforcing tires, rubber goods, plastics, coatings, inks, and toners; fine carbon products such as isotropic graphite, molded graphite, carbon brushes, and carbon fiber for semiconductors, solar cells, and continuous casting applications; smelting and lining materials including carbon and graphite blocks, cathodes, and sidewalls for aluminum production; friction materials for brakes and clutches in motorcycles, trucks, buses, trains, industrial, and construction machinery; industrial furnaces and related equipment for heat treatment of ceramics, electronic components, metals, and glass produced by subsidiary Tokai Konetsu Kogyo Co., Ltd.; and anode materials for lithium-ion batteries used in smartphones and electric vehicles. The company operates through segments encompassing carbon electrodes, carbon black, fine carbon and ceramics, smelting and lining, industrial furnaces, friction materials, anode materials, and others including property leasing; it serves industries such as steel recycling, automotive, electronics, energy storage, and chemicals with production facilities and sales offices across Asia, North America, Europe, and other regions. Founded in 1918 and headquartered in Tokyo, Japan, Tokai Carbon maintains a global network that supports its position as a leading comprehensive carbon materials provider. Recent developments include the October 2025 completion of its strategic acquisition of Bridgestone Carbon Black (Thailand) Co., Ltd. in collaboration with Thai Tokai Carbon Product Co., Ltd., enhancing its carbon black production in Southeast Asia; the December 2024 acquisition through Tokai Carbon U.S.A., Inc. of all shares in KBR, Inc. and conversion of KBR, Inc. and MWI, Inc. into consolidated subsidiaries to bolster graphite machining capabilities in the United States; the May 2025 sale of its German graphite electrode business; and an announced reorganization effective January 1, 2026, merging three U.S. wholly-owned subsidiaries into one entity under Tokai Carbon US Holdings Inc. to improve operational efficiency and group governance.