View ValuationTokai Carbon 향후 성장Future 기준 점검 1/6Tokai Carbon (는) 각각 연간 13.4% 및 5.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 13.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 7.2% 로 예상됩니다.핵심 정보13.4%이익 성장률13.36%EPS 성장률Chemicals 이익 성장43.5%매출 성장률5.5%향후 자기자본이익률7.23%애널리스트 커버리지Low마지막 업데이트14 May 2026최근 향후 성장 업데이트공시 • May 18+ 1 more updateTokai Carbon Co., Ltd. Provides Earnings Guidance for the First Six Months and Full Year of Fiscal Year Ending December 31, 2023Tokai Carbon Co., Ltd. provided earnings guidance for the first six months and full year of fiscal year ending December 31, 2023. For the six months, the company expects net sales to be JPY 198,000 million, operating income to be JPY 20,000 million, net income attributable to owners of the parent company to be JPY 11,000 million and net income per share to be JPY 51.60.For the full year, the company expects net sales to be JPY 410,000 million, operating income to be JPY 45,000 million, net income attributable to owners of the parent company to be JPY 26,000 million and net income per share to be JPY 121.95.공시 • Feb 09Tokai Carbon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expects net sales to be JPY 340,000 million as compared to previous JPY 305,000 million, Operating income to be JPY 40,588 million as compared to previous JPY 35,000 million, net income attributable to owners of parent to be JPY 22,418 million as compared to previous JPY 20,000 million. EPS to be JPY 105.16 as compared to previous JPY 93.82 per basic share. Net sales, operating income, ordinary income and net income attributable to owners of the parent company increased compared to the previous guidance due to increased shipments of materials andproducts in the background of the gradual recovery of the global economy. Net sales improved from the previous forecast mainly due to an improvement in the selling price ofcarbon black.공시 • Aug 18+ 1 more updateTokai Carbon Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Tokai Carbon Co., Ltd. provides consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expects net sales to be JPY 305,000 million, Operating income to be JPY 35,000 million, net income attributable to owners of parent to be JPY 20,000 million or JPY 93.82 per basic share.공시 • Nov 05Tokai Carbon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2020Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2020. For the period, the company expects net sales to be of JPY 190,000 Million compared to previous forecast of JPY 190,000 Million. Operating income expected to be of JPY 6,100 Million compared to previous forecast of JPY 6,100 Million. Net income attributable to owners of the parent company expected to be of JPY 500 Million compared to previous forecast of JPY 1,000 Million. Net income per share expected to be of JPY 2.35 compared to previous forecast of JPY 4.69.모든 업데이트 보기Recent updatesDeclared Dividend • May 20Dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 240%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €8.35, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.57 per share.공시 • May 18Tokai Carbon Co., Ltd. to Report Q2, 2026 Results on Aug 05, 2026Tokai Carbon Co., Ltd. announced that they will report Q2, 2026 results on Aug 05, 2026공시 • May 15Tokai Carbon Co., Ltd. (TSE:5301) announces an Equity Buyback for 11,210,700 shares, for ¥14,999.92 million.Tokai Carbon Co., Ltd. (TSE:5301) announces a share repurchase program. Under the program, the company will repurchase up to 11,210,700 shares, representing 5.25% of its issued share capital, for ¥14,999.92 million. The shares will be repurchased at a price of ¥1,338 per share. The purpose of the program is to improve capital efficiency and implement flexible capital policies as well as enhance shareholder returns. The program is valid till May 15, 2026. As of April 30, 2026, the company had 213,546,633 outstanding shares (excluding treasury stock) and 11,396,471 treasury shares.공시 • Mar 23Tokai Carbon Co., Ltd.(TSE:5301) dropped from FTSE All-World Index (USD)Tokai Carbon Co., Ltd.(TSE:5301) dropped from FTSE All-World Index (USD)공시 • Feb 13Tokai Carbon Co., Ltd. to Report Q1, 2026 Results on May 13, 2026Tokai Carbon Co., Ltd. announced that they will report Q1, 2026 results on May 13, 2026공시 • Feb 12Tokai Carbon Co., Ltd., Annual General Meeting, Mar 27, 2026Tokai Carbon Co., Ltd., Annual General Meeting, Mar 27, 2026.공시 • Nov 10Tokai Carbon Co., Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026Tokai Carbon Co., Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026공시 • Jul 07Tokai Carbon Co., Ltd. (TSE:5301) and Thai Tokai Carbon Product Co., Ltd. agreed to acquire Bridgestone Carbon Black (Thailand) Co.,Ltd. from Bridgestone Corporation (TSE:5108) and Asahi Carbon Co. Ltd.Tokai Carbon Co., Ltd. (TSE:5301) and Thai Tokai Carbon Product Co., Ltd. agreed to acquire Bridgestone Carbon Black (Thailand) Co.,Ltd. from Bridgestone Corporation (TSE:5108) and Asahi Carbon Co. Ltd on July 7, 2025. A cash consideration will be paid by Tokai Carbon Co., Ltd. and Thai Tokai Carbon Product Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Bridgestone Carbon Black (Thailand) Co.,Ltd. Upon completion of the transaction, Tokai Carbon Co., Ltd. will own 1% and Thai Tokai Carbon Product Co., Ltd. will own 99% of the shares. Bridgestone Carbon Black (Thailand) Co.,Ltd. is expected to become consolidated subsidiary of Tokai Carbon Co., Ltd. For the period ending December 31, 2024, Bridgestone Carbon Black (Thailand) Co.,Ltd. reported total revenue of THB 2.35 billion, EBIT of THB 54 million and net income of THB 42 million. As of December 31, 2024, Bridgestone Carbon Black (Thailand) Co.,Ltd. reported total assets of THB 2.35 billion and total common equity of THB 2.07 billion. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is September 30, 2025.공시 • Jul 02Lenbach Equity Opportunities III managed by DUBAG Investment Advisory GmbH completed the acquisition of TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301).Lenbach Equity Opportunities III managed by DUBAG Investment Advisory GmbH agreed to acquire TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301) on May 16, 2025. A cash consideration will be paid by Lenbach Equity Opportunities III and DUBAG Investment Advisory GmbH. As part of consideration, an undisclosed value is paid towards common equity of TOKAI ERFTCARBON GmbH. For the period ending December 31, 2024, TOKAI ERFTCARBON GmbH reported total revenue of €72.6 million, operating loss of €45.6 million and net loss of €46.1 million. As of December 31, 2024, TOKAI ERFTCARBON GmbH reported total assets of €81.5 million and total common equity of €39.7 million. The transaction is expected to close in June 2025. Lenbach Equity Opportunities III managed by DUBAG Investment Advisory GmbH completed the acquisition of TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301) on June 30, 2025. As a result of this share transfer, TEG will no longer be included in the scope of consolidation, effective from the second quarter of the fiscal year ending December 2025. Ronald Meißner, LL.M., Dr. Florian Anselm, Dr. Attila Bangha-Szabo, Mark Leonard, Werner Geißelmeier, Dr. Fabian Klein, Dr. Michael Reich, Julia Stubert and Dr. Joël Hofmann of Pinsent Masons Germany LLP. Takanari Sekiguchi of Hibiya-Nakata acted jointly with Pinsent Masons Germany LLP. Sven Schweneke, Laurenz Kiefer, Dr. Philip Cavaillès, Dr. Adrian Birnbach, Dr. Stefan Horn, Dr. Michael Brüggemann, Julia Siedhoff and Julian C. Ludwig of Taylor Wessing acted as legal advisor to Lenbach Equity Opportunities III.공시 • May 20Lenbach Equity Opportunities III and DUBAG Investment Advisory GmbH agreed to acquire TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301)Lenbach Equity Opportunities III and DUBAG Investment Advisory GmbH agreed to acquire TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301) on May 16, 2025. A cash consideration will be paid by Lenbach Equity Opportunities III and DUBAG Investment Advisory GmbH. As part of consideration, an undisclosed value is paid towards common equity of TOKAI ERFTCARBON GmbH. For the period ending December 31, 2024, TOKAI ERFTCARBON GmbH reported total revenue of €72.6 million, operating loss of €45.6 million and net loss of €46.1 million. As of December 31, 2024, TOKAI ERFTCARBON GmbH reported total assets of €81.5 million and total common equity of €39.7 million. The transaction is expected to close in June 2025.공시 • Feb 12Tokai Carbon Co., Ltd., Annual General Meeting, Mar 27, 2025Tokai Carbon Co., Ltd., Annual General Meeting, Mar 27, 2025.공시 • Dec 24+ 2 more updatesTokai Carbon Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025Tokai Carbon Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: JP¥9.01 (vs JP¥25.66 in 3Q 2023)Third quarter 2024 results: EPS: JP¥9.01 (down from JP¥25.66 in 3Q 2023). Revenue: JP¥87.7b (down 1.7% from 3Q 2023). Net income: JP¥1.92b (down 65% from 3Q 2023). Profit margin: 2.2% (down from 6.1% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 11Dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 282%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €4.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 52% over the past three years.Reported Earnings • May 11First quarter 2024 earnings released: EPS: JP¥7.63 (vs JP¥37.36 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.63 (down from JP¥37.36 in 1Q 2023). Revenue: JP¥82.2b (down 5.0% from 1Q 2023). Net income: JP¥1.63b (down 80% from 1Q 2023). Profit margin: 2.0% (down from 9.2% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.공시 • May 10+ 1 more updateTokai Carbon Co., Ltd. Provides Dividend Guidance for Second Quarter and the Fiscal Year Ending December 31, 2024Tokai Carbon Co., Ltd. provided dividend guidance for second quarter and the fiscal year ending December 31, 2024. For the quarter, the company expects to pay dividend of JPY 15.00 per share against JPY 18.00 per share paid a year ago.For the year, the company expects to pay dividend of JPY 15.00 per share against JPY 18.00 per share paid a year ago.Declared Dividend • Apr 11Final dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 27th June 2024 Payment date: 2nd September 2024 Dividend yield will be 233%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (2% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 09Tokai Carbon Co., Ltd. (TSE:5301) agreed to acquire 3% stake in Tokai Carbon Korea Co., Ltd. (KOSDAQ:A064760) from KC Co., Ltd. (KOSE:A029460) for ¥5.2 billion.Tokai Carbon Co., Ltd. (TSE:5301) agreed to acquire 3% stake in Tokai Carbon Korea Co., Ltd. (KOSDAQ:A064760) from KC Co., Ltd. (KOSE:A029460) for ¥5.2 billion on April 9, 2024. The transaction is expected to close on April 23, 2024.공시 • Mar 28+ 2 more updatesTokai Carbon Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Tokai Carbon Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024공시 • Mar 23Tokai Carbon Co., Ltd. to Report Q1, 2024 Results on May 09, 2024Tokai Carbon Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024Reported Earnings • Feb 14Full year 2023 earnings released: EPS: JP¥119 (vs JP¥105 in FY 2022)Full year 2023 results: EPS: JP¥119 (up from JP¥105 in FY 2022). Revenue: JP¥363.9b (up 6.9% from FY 2022). Net income: JP¥25.5b (up 14% from FY 2022). Profit margin: 7.0% (up from 6.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.공시 • Feb 13+ 2 more updatesTokai Carbon Co., Ltd., Annual General Meeting, Mar 28, 2024Tokai Carbon Co., Ltd., Annual General Meeting, Mar 28, 2024.Upcoming Dividend • Dec 21Upcoming dividend of JP¥18.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 2.3% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: JP¥25.66 (vs JP¥32.22 in 3Q 2022)Third quarter 2023 results: EPS: JP¥25.66 (down from JP¥32.22 in 3Q 2022). Revenue: JP¥89.2b (flat on 3Q 2022). Net income: JP¥5.47b (down 20% from 3Q 2022). Profit margin: 6.1% (down from 7.7% in 3Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공시 • Aug 19Tokai Carbon Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024Tokai Carbon Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: JP¥37.24 (vs JP¥24.43 in 2Q 2022)Second quarter 2023 results: EPS: JP¥37.24 (up from JP¥24.43 in 2Q 2022). Revenue: JP¥91.9b (up 5.0% from 2Q 2022). Net income: JP¥7.94b (up 52% from 2Q 2022). Profit margin: 8.6% (up from 5.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Aug 09Tokai Carbon Co., Ltd. Announces Management Changes, Effective as of September 1, 2023Tokai Carbon Co., Ltd. decided on the following personnel change effective as of September 1, 2023: Masafumi Tsuji, Member of the Board Executive Officer Responsible for Human Resources, General Affairs and Legal Affairs Department as Member of the Board Managing Executive Officer Responsible for Human Resources General Manager, Graphite Electrode Division; Hiroshi Takahashi, Executive Officer Responsible for General Administration Department for Group Companies as Executive Officer Advisor, Tokai Material Co., Ltd.; Akira Yamada, Executive Officer General Manager, General Affairs and Legal Affairs Department as Executive Officer Responsible for General Affairs and Legal Affairs Department General Manager, General Affairs and Legal Affairs Department; Keiichiro Machihara, Executive Officer Deputy General Manager, Technology & Engineering Division General Manager, Engineering Department as Executive Officer, Deputy General Manager, Technology & Engineering Division General Manager, Engineering Department Engineering Advisor, CB Business Rebuilding Project.공시 • Jul 22+ 1 more updateTokai Carbon Co., Ltd. to Report Q3, 2023 Results on Nov 07, 2023Tokai Carbon Co., Ltd. announced that they will report Q3, 2023 results on Nov 07, 2023Upcoming Dividend • Jun 22Upcoming dividend of JP¥18.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.3%).공시 • May 18+ 1 more updateTokai Carbon Co., Ltd. Provides Earnings Guidance for the First Six Months and Full Year of Fiscal Year Ending December 31, 2023Tokai Carbon Co., Ltd. provided earnings guidance for the first six months and full year of fiscal year ending December 31, 2023. For the six months, the company expects net sales to be JPY 198,000 million, operating income to be JPY 20,000 million, net income attributable to owners of the parent company to be JPY 11,000 million and net income per share to be JPY 51.60.For the full year, the company expects net sales to be JPY 410,000 million, operating income to be JPY 45,000 million, net income attributable to owners of the parent company to be JPY 26,000 million and net income per share to be JPY 121.95.Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥37.36 (vs JP¥18.97 in 1Q 2022)First quarter 2023 results: EPS: JP¥37.36 (up from JP¥18.97 in 1Q 2022). Revenue: JP¥86.5b (up 25% from 1Q 2022). Net income: JP¥7.96b (up 97% from 1Q 2022). Profit margin: 9.2% (up from 5.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.67, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Chemicals industry in Germany. Total returns to shareholders of 14% over the past three years.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥105 (vs JP¥75.55 in FY 2021)Full year 2022 results: EPS: JP¥105 (up from JP¥75.55 in FY 2021). Revenue: JP¥340.4b (up 32% from FY 2021). Net income: JP¥22.4b (up 39% from FY 2021). Profit margin: 6.6% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Feb 11Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2023Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2023.공시 • Feb 10Tokai Carbon Co., Ltd. Announces Notice on Changes in the ManagementTokai Carbon decided on the following personnel change effective as of March 30, 2023. (1) New Member of the Board. New Position: Member of the BoardExecutive Officer (Director & Managing Director, THAI TOKAI CARBON PRODUCT CO., LTD.), Name: Tatsuhiko Yamazaki. Current Position: Business Director(Director & Managing Director, THAI TOKAI CARBON PRODUCT CO., LTD.). (2) Retirement from Member of the Board. Current Position: Member of the BoardExecutive Officer Responsible for Human Resources, General Affairs and Legal Affairs Department, Name: Yuji Serizawa. Post-Retirement: (Audit & Supervisory Board Member). (3) New Audit & Supervisory Board Member. New Position: Audit & Supervisory Board Member, Name: Yuji Serizawa. Current Position: Member of the Board Executive Officer Responsible for Human Resources, General Affairs and Legal Affairs Department. . New Position: Audit & Supervisory Board Member (External), Name: Yoshinori Matsushima. (4) Retirement from Audit & Supervisory Board Member. Current Position: Audit & Supervisory Board Member, Name: Masanao Hosoya. Post-Retirement: -. Current Position: Audit & Supervisory Board Member (External), Name: Motokazu Hiura. Post-Retirement: -. (5) New Substitute Audit & Supervisory Board Member. New Position: Substitute Audit & Supervisory Board Member (External), Name: Toshiya Onuma. Current Position:-. (6) New Executive Officer. New Position: Executive Officer Responsible for Strategic Planning Department, Name: Tsunayuki Sato. Current Position: Business Director General Manager, Strategic Investment Department. (7) Changes in Member of the Board and Executive Officer. New Position: Member of the BoardExecutive Officer Responsible for Human Resources, General Affairs and Legal Affairs Department, Name: Masafumi Tsuji. Current Position: Member of the BoardExecutive Officer Responsible for Corporate Planning, General Administration for Group Companies, Strategic Investment, Sales Research & Planning and Business Incubation Department General Manager, Corporate Planning Department. New Position: Member of the Board Executive Officer General Manager,Technology & Engineering Division, Name: Syunji Yamamoto. Current Position: Member of the Board Executive Officer (Director, TCCB Genpar LLC). New Position: Executive Officer Responsible for General Administration Department for Group Companies Name: Hiroshi Takahashi. Current Position: Executive OfficerGeneral Manager, General Administration Department for Group Companies. (8) Other Changes. New Position: (Retirement), Name: Nobuyuki Murofushi. Current Position: Executive Fellow Executive Officer to the President.공시 • Feb 09Tokai Carbon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expects net sales to be JPY 340,000 million as compared to previous JPY 305,000 million, Operating income to be JPY 40,588 million as compared to previous JPY 35,000 million, net income attributable to owners of parent to be JPY 22,418 million as compared to previous JPY 20,000 million. EPS to be JPY 105.16 as compared to previous JPY 93.82 per basic share. Net sales, operating income, ordinary income and net income attributable to owners of the parent company increased compared to the previous guidance due to increased shipments of materials andproducts in the background of the gradual recovery of the global economy. Net sales improved from the previous forecast mainly due to an improvement in the selling price ofcarbon black.공시 • Jan 27Tokai Carbon Co., Ltd. Announces Executive ChangesTokai Carbon Co., Ltd. announced following personnel change effective as of February 1, 2023. Keiichiro Machihara, Executive Officer General Manager, Technology & Engineering Division as Executive Officer General Manager, Technology & Engineering Division General Manager, Engineering Department.공시 • Dec 28Tokai Carbon Co., Ltd. to Report Fiscal Year 2022 Results on Feb 09, 2023Tokai Carbon Co., Ltd. announced that they will report fiscal year 2022 results on Feb 09, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent External Director Toshiro Miyazaki was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: JP¥32.21 (vs JP¥18.06 in 3Q 2021)Third quarter 2022 results: EPS: JP¥32.21 (up from JP¥18.06 in 3Q 2021). Revenue: JP¥89.3b (up 32% from 3Q 2021). Net income: JP¥6.87b (up 78% from 3Q 2021). Profit margin: 7.7% (up from 5.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Aug 18+ 1 more updateTokai Carbon Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Tokai Carbon Co., Ltd. provides consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expects net sales to be JPY 305,000 million, Operating income to be JPY 35,000 million, net income attributable to owners of parent to be JPY 20,000 million or JPY 93.82 per basic share.Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: JP¥24.43 (vs JP¥17.54 in 2Q 2021)Second quarter 2022 results: EPS: JP¥24.43 (up from JP¥17.54 in 2Q 2021). Revenue: JP¥87.6b (up 38% from 2Q 2021). Net income: JP¥5.21b (up 39% from 2Q 2021). Profit margin: 5.9% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 6.5%, compared to a 3.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • Aug 08Tokai Carbon Co., Ltd. Announces Management ChangesTokai Carbon Co., Ltd. announced that changes of Masafumi Tsuji as Member of the Board Executive Officer Responsible for Corporate Planning, General Administration for Group Companies, Strategic Investment, Sales Research & Planning and Business Incubation Department General Manager, Corporate Planning Department from Member of the Board Executive Officer Responsible for Corporate Planning, Strategic Investment, and Sales Research & Planning Department General Manager, Corporate Planning Department. Hiroshi Takahashi as Executive Officer General Manager, General Administration Department for Group Companies from Executive Officer (Chairman, Tokai Carbon Korea Co., Ltd.). Kazuhito Kataoka as Executive Officer General Manager, Business Incubation Department from Executive Officer General Manager, Japan Operations of Graphite Electordes. Kazuyoshi Haino as Executive Officer General Manager, Japan Operations of Graphite Electordes and Hofu Laboratory from Executive Officer General Manager, Production & Technology Department, Graphite Electrode Division.Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (5.4%).Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥18.97 (vs JP¥9.23 in 1Q 2021)First quarter 2022 results: EPS: JP¥18.97 (up from JP¥9.23 in 1Q 2021). Revenue: JP¥69.5b (up 29% from 1Q 2021). Net income: JP¥4.04b (up 106% from 1Q 2021). Profit margin: 5.8% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent External Director Toshiro Miyazaki was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: JP¥75.55 (up from JP¥4.78 in FY 2020). Revenue: JP¥258.9b (up 28% from FY 2020). Net income: JP¥16.1b (up JP¥15.1b from FY 2020). Profit margin: 6.2% (up from 0.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 10%, compared to a 6.0% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.공시 • Feb 08Tokai Carbon Co., Ltd. Announces Executive ChangesTokai Carbon announces the following changes in the management scheduled on March 30, 2022. Toshiro Miyazaki is appointed as Member of the Board (External). Hirofumi Masuda announced Retirement from member of the Board as a Member of the Board, Executive Officer, General Manager and Friction Materials Division. Junichi Tanahashi resigns as Member of the Board (External). The above retirement is scheduled when the FY2021 Annual Meeting of Shareholders closes on March 30, 2022. Kazuyoshi Haino appointed as Executive Officer, General Manager, Production & Technology Department, Graphite Electrode Division. Keiichiro Machihara appointed as Executive Officer, General Manager, Technology & Engineering Division, General Manager, Engineering Department. The above position is scheduled on March 30, 2022.공시 • Jan 28Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2022Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2022. Agenda: To consider Partial Amendment to the Articles of Incorporation.Upcoming Dividend • Dec 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.8%).Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €9.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 15% over the past three years.Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS JP¥18.06 (vs JP¥5.35 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥67.7b (up 33% from 3Q 2020). Net income: JP¥3.85b (up JP¥4.99b from 3Q 2020). Profit margin: 5.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to €12.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 13% over the past three years.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥10.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 25% over the past three years.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS JP¥17.54 (vs JP¥11.38 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥63.4b (up 55% from 2Q 2020). Net income: JP¥3.74b (up JP¥6.17b from 2Q 2020). Profit margin: 5.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 01 September 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.7%).공시 • May 25+ 1 more updateTokai Carbon Co., Ltd. Provides Dividend Guidance for the Six Months Ending June 30, 2021 and Full Year Ending December 31, 2021Tokai Carbon Co., Ltd. provided dividend guidance for the six months ending June 30, 2021 and full year ending December 31, 2021. For the six months, the company expected dividend of JPY 15 per share compared to JPY 15 per share paid a year ago. For the full year, the company expected dividend of JPY 15 per share compared to JPY 15 per share paid a year ago.Reported Earnings • May 12First quarter 2021 earnings released: EPS JP¥9.23 (vs JP¥21.50 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: JP¥54.0b (up 2.2% from 1Q 2020). Net income: JP¥1.97b (down 57% from 1Q 2020). Profit margin: 3.6% (down from 8.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Apr 04Full year 2020 earnings released: EPS JP¥4.78 (vs JP¥150 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥201.5b (down 23% from FY 2019). Net income: JP¥1.02b (down 97% from FY 2019). Profit margin: 0.5% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Executive Departure • Apr 01Executive Officer & President of Oriental Industry Co. Ltd Yuji Yamake has left the companyOn the 30th of March, Yuji Yamake's tenure in the role of Executive Officer & President of Oriental Industry Co. Ltd ended. We don't have any record of a personal shareholding under Yuji's name. A total of 2 executives have left over the last 12 months.Is New 90 Day High Low • Mar 16New 90-day high: €13.47The company is up 41% from a price of €9.55 on 16 December 2020. Outperformed the German market which is up 9.0% over the last 90 days. Exceeded the Chemicals industry, which is up 6.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €12.28 per share.Reported Earnings • Feb 11Full year 2020 earnings released: EPS JP¥4.78 (vs JP¥150 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥201.5b (down 23% from FY 2019). Net income: JP¥1.02b (down 97% from FY 2019). Profit margin: 0.5% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 11Revenue misses expectationsRevenue missed analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 10%, compared to a 5.1% growth forecast for the Chemicals industry in Germany.공시 • Feb 10+ 1 more updateTokai Carbon Co., Ltd. to Report Q1, 2021 Results on May 10, 2021Tokai Carbon Co., Ltd. announced that they will report Q1, 2021 results on May 10, 2021공시 • Feb 09+ 1 more updateTokai Carbon Co., Ltd. to Report Q2, 2021 Results on Aug 05, 2021Tokai Carbon Co., Ltd. announced that they will report Q2, 2021 results on Aug 05, 2021Is New 90 Day High Low • Feb 03New 90-day high: €12.78The company is up 34% from its price of €9.53 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.57 per share.공시 • Jan 29Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2021Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2021. Agenda: To consider the Partial Amendment to the Articles of Incorporation.Is New 90 Day High Low • Jan 13New 90-day high: €10.48The company is up 10.0% from its price of €9.51 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.46 per share.공시 • Jan 07Tokai Carbon Co., Ltd. to Report Fiscal Year 2020 Results on Feb 09, 2021Tokai Carbon Co., Ltd. announced that they will report fiscal year 2020 results on Feb 09, 2021Is New 90 Day High Low • Dec 29New 90-day high: €10.33The company is up 17% from its price of €8.85 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.01 per share.Analyst Estimate Surprise Post Earnings • Nov 19Revenue beats expectationsRevenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 5.0%, compared to a 3.6% growth forecast for the Chemicals industry in Germany.Reported Earnings • Nov 19Third quarter 2020 earnings released: JP¥5.35 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: JP¥50.9b (down 14% from 3Q 2019). Net loss: JP¥1.14b (down 123% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 5.1%, compared to a 2.9% growth forecast for the Chemicals industry in Germany.Reported Earnings • Nov 07Third quarter 2020 earnings released: JP¥5.35 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: JP¥50.9b (down 14% from 3Q 2019). Net loss: JP¥1.14b (down 123% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • Nov 05Tokai Carbon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2020Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2020. For the period, the company expects net sales to be of JPY 190,000 Million compared to previous forecast of JPY 190,000 Million. Operating income expected to be of JPY 6,100 Million compared to previous forecast of JPY 6,100 Million. Net income attributable to owners of the parent company expected to be of JPY 500 Million compared to previous forecast of JPY 1,000 Million. Net income per share expected to be of JPY 2.35 compared to previous forecast of JPY 4.69.Is New 90 Day High Low • Oct 27New 90-day high: €10.31The company is up 38% from its price of €7.50 on 29 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.17 per share.Is New 90 Day High Low • Oct 07New 90-day high: €9.31The company is up 18% from its price of €7.91 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.68 per share.이익 및 매출 성장 예측DB:7TC - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028379,40023,70021,050N/A312/31/2027366,00020,70016,650N/A412/31/2026344,73313,45011,900N/A33/31/2026324,33418,694N/AN/AN/A12/31/2025322,96020,07812,96555,872N/A9/30/2025328,791-45,966N/AN/AN/A6/30/2025337,268-51,85917,42068,808N/A3/31/2025348,299-55,337N/AN/AN/A12/31/2024350,114-56,7369,36164,471N/A9/30/2024354,9309,677N/AN/AN/A6/30/2024356,44013,2258,19760,210N/A3/31/2024359,57719,131N/AN/AN/A12/31/2023363,94625,46812,45762,074N/A9/30/2023361,71427,672N/AN/AN/A6/30/2023361,72929,069-3,80648,700N/A3/31/2023357,38926,338N/AN/AN/A12/31/2022340,37122,418-4,00641,205N/A9/30/2022320,11122,667N/AN/AN/A6/30/2022298,56419,6503,12133,456N/A3/31/2022274,41818,181N/AN/AN/A12/31/2021258,87416,1058,54238,072N/A9/30/2021242,0149,560N/AN/AN/A6/30/2021225,1844,56912,42743,990N/A3/31/2021202,720-1,596N/AN/AN/A12/31/2020201,5421,01927,79255,022N/A9/30/2020208,0271,964N/AN/AN/A6/30/2020216,5908,08525,12352,173N/A3/31/2020245,98023,341N/AN/AN/A12/31/2019262,02831,994N/A41,664N/A9/30/2019274,54145,613N/AN/AN/A6/30/2019278,79055,858N/A40,529N/A3/31/2019258,54577,967N/AN/AN/A12/31/2018231,30273,998N/A44,109N/A9/30/2018186,57062,742N/AN/AN/A6/30/2018148,75650,169N/A23,927N/A3/31/2018123,74319,479N/AN/AN/A12/31/2017106,25211,816N/A10,543N/A9/30/201797,2745,955N/AN/AN/A6/30/201792,8923,825N/A13,795N/A3/31/201790,041-6,361N/AN/AN/A12/31/201688,580-7,929N/A17,505N/A9/30/201690,740-4,326N/AN/AN/A6/30/201695,752-3,913N/A18,846N/A3/31/201699,8602,035N/AN/AN/A12/31/2015104,8642,484N/A20,613N/A9/30/2015110,3602,368N/AN/AN/A6/30/2015113,1232,279N/A16,175N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 7TC 의 연간 예상 수익 증가율(13.4%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 7TC 의 연간 수익(13.4%)이 German 시장(17.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 7TC 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 7TC 의 수익(연간 5.5%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 7TC 의 수익(연간 5.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 7TC의 자본 수익률은 3년 후 7.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 08:14종가2026/05/25 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tokai Carbon Co., Ltd.는 14명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Takashi EnomotoBofA Global ResearchAtsushi IkedaCitigroup IncNoritsugu HirakawaDaiwa Securities Co. Ltd.11명의 분석가 더 보기
공시 • May 18+ 1 more updateTokai Carbon Co., Ltd. Provides Earnings Guidance for the First Six Months and Full Year of Fiscal Year Ending December 31, 2023Tokai Carbon Co., Ltd. provided earnings guidance for the first six months and full year of fiscal year ending December 31, 2023. For the six months, the company expects net sales to be JPY 198,000 million, operating income to be JPY 20,000 million, net income attributable to owners of the parent company to be JPY 11,000 million and net income per share to be JPY 51.60.For the full year, the company expects net sales to be JPY 410,000 million, operating income to be JPY 45,000 million, net income attributable to owners of the parent company to be JPY 26,000 million and net income per share to be JPY 121.95.
공시 • Feb 09Tokai Carbon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expects net sales to be JPY 340,000 million as compared to previous JPY 305,000 million, Operating income to be JPY 40,588 million as compared to previous JPY 35,000 million, net income attributable to owners of parent to be JPY 22,418 million as compared to previous JPY 20,000 million. EPS to be JPY 105.16 as compared to previous JPY 93.82 per basic share. Net sales, operating income, ordinary income and net income attributable to owners of the parent company increased compared to the previous guidance due to increased shipments of materials andproducts in the background of the gradual recovery of the global economy. Net sales improved from the previous forecast mainly due to an improvement in the selling price ofcarbon black.
공시 • Aug 18+ 1 more updateTokai Carbon Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Tokai Carbon Co., Ltd. provides consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expects net sales to be JPY 305,000 million, Operating income to be JPY 35,000 million, net income attributable to owners of parent to be JPY 20,000 million or JPY 93.82 per basic share.
공시 • Nov 05Tokai Carbon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2020Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2020. For the period, the company expects net sales to be of JPY 190,000 Million compared to previous forecast of JPY 190,000 Million. Operating income expected to be of JPY 6,100 Million compared to previous forecast of JPY 6,100 Million. Net income attributable to owners of the parent company expected to be of JPY 500 Million compared to previous forecast of JPY 1,000 Million. Net income per share expected to be of JPY 2.35 compared to previous forecast of JPY 4.69.
Declared Dividend • May 20Dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 240%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €8.35, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.57 per share.
공시 • May 18Tokai Carbon Co., Ltd. to Report Q2, 2026 Results on Aug 05, 2026Tokai Carbon Co., Ltd. announced that they will report Q2, 2026 results on Aug 05, 2026
공시 • May 15Tokai Carbon Co., Ltd. (TSE:5301) announces an Equity Buyback for 11,210,700 shares, for ¥14,999.92 million.Tokai Carbon Co., Ltd. (TSE:5301) announces a share repurchase program. Under the program, the company will repurchase up to 11,210,700 shares, representing 5.25% of its issued share capital, for ¥14,999.92 million. The shares will be repurchased at a price of ¥1,338 per share. The purpose of the program is to improve capital efficiency and implement flexible capital policies as well as enhance shareholder returns. The program is valid till May 15, 2026. As of April 30, 2026, the company had 213,546,633 outstanding shares (excluding treasury stock) and 11,396,471 treasury shares.
공시 • Mar 23Tokai Carbon Co., Ltd.(TSE:5301) dropped from FTSE All-World Index (USD)Tokai Carbon Co., Ltd.(TSE:5301) dropped from FTSE All-World Index (USD)
공시 • Feb 13Tokai Carbon Co., Ltd. to Report Q1, 2026 Results on May 13, 2026Tokai Carbon Co., Ltd. announced that they will report Q1, 2026 results on May 13, 2026
공시 • Feb 12Tokai Carbon Co., Ltd., Annual General Meeting, Mar 27, 2026Tokai Carbon Co., Ltd., Annual General Meeting, Mar 27, 2026.
공시 • Nov 10Tokai Carbon Co., Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026Tokai Carbon Co., Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026
공시 • Jul 07Tokai Carbon Co., Ltd. (TSE:5301) and Thai Tokai Carbon Product Co., Ltd. agreed to acquire Bridgestone Carbon Black (Thailand) Co.,Ltd. from Bridgestone Corporation (TSE:5108) and Asahi Carbon Co. Ltd.Tokai Carbon Co., Ltd. (TSE:5301) and Thai Tokai Carbon Product Co., Ltd. agreed to acquire Bridgestone Carbon Black (Thailand) Co.,Ltd. from Bridgestone Corporation (TSE:5108) and Asahi Carbon Co. Ltd on July 7, 2025. A cash consideration will be paid by Tokai Carbon Co., Ltd. and Thai Tokai Carbon Product Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Bridgestone Carbon Black (Thailand) Co.,Ltd. Upon completion of the transaction, Tokai Carbon Co., Ltd. will own 1% and Thai Tokai Carbon Product Co., Ltd. will own 99% of the shares. Bridgestone Carbon Black (Thailand) Co.,Ltd. is expected to become consolidated subsidiary of Tokai Carbon Co., Ltd. For the period ending December 31, 2024, Bridgestone Carbon Black (Thailand) Co.,Ltd. reported total revenue of THB 2.35 billion, EBIT of THB 54 million and net income of THB 42 million. As of December 31, 2024, Bridgestone Carbon Black (Thailand) Co.,Ltd. reported total assets of THB 2.35 billion and total common equity of THB 2.07 billion. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is September 30, 2025.
공시 • Jul 02Lenbach Equity Opportunities III managed by DUBAG Investment Advisory GmbH completed the acquisition of TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301).Lenbach Equity Opportunities III managed by DUBAG Investment Advisory GmbH agreed to acquire TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301) on May 16, 2025. A cash consideration will be paid by Lenbach Equity Opportunities III and DUBAG Investment Advisory GmbH. As part of consideration, an undisclosed value is paid towards common equity of TOKAI ERFTCARBON GmbH. For the period ending December 31, 2024, TOKAI ERFTCARBON GmbH reported total revenue of €72.6 million, operating loss of €45.6 million and net loss of €46.1 million. As of December 31, 2024, TOKAI ERFTCARBON GmbH reported total assets of €81.5 million and total common equity of €39.7 million. The transaction is expected to close in June 2025. Lenbach Equity Opportunities III managed by DUBAG Investment Advisory GmbH completed the acquisition of TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301) on June 30, 2025. As a result of this share transfer, TEG will no longer be included in the scope of consolidation, effective from the second quarter of the fiscal year ending December 2025. Ronald Meißner, LL.M., Dr. Florian Anselm, Dr. Attila Bangha-Szabo, Mark Leonard, Werner Geißelmeier, Dr. Fabian Klein, Dr. Michael Reich, Julia Stubert and Dr. Joël Hofmann of Pinsent Masons Germany LLP. Takanari Sekiguchi of Hibiya-Nakata acted jointly with Pinsent Masons Germany LLP. Sven Schweneke, Laurenz Kiefer, Dr. Philip Cavaillès, Dr. Adrian Birnbach, Dr. Stefan Horn, Dr. Michael Brüggemann, Julia Siedhoff and Julian C. Ludwig of Taylor Wessing acted as legal advisor to Lenbach Equity Opportunities III.
공시 • May 20Lenbach Equity Opportunities III and DUBAG Investment Advisory GmbH agreed to acquire TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301)Lenbach Equity Opportunities III and DUBAG Investment Advisory GmbH agreed to acquire TOKAI ERFTCARBON GmbH from Tokai Carbon Co., Ltd. (TSE:5301) on May 16, 2025. A cash consideration will be paid by Lenbach Equity Opportunities III and DUBAG Investment Advisory GmbH. As part of consideration, an undisclosed value is paid towards common equity of TOKAI ERFTCARBON GmbH. For the period ending December 31, 2024, TOKAI ERFTCARBON GmbH reported total revenue of €72.6 million, operating loss of €45.6 million and net loss of €46.1 million. As of December 31, 2024, TOKAI ERFTCARBON GmbH reported total assets of €81.5 million and total common equity of €39.7 million. The transaction is expected to close in June 2025.
공시 • Feb 12Tokai Carbon Co., Ltd., Annual General Meeting, Mar 27, 2025Tokai Carbon Co., Ltd., Annual General Meeting, Mar 27, 2025.
공시 • Dec 24+ 2 more updatesTokai Carbon Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025Tokai Carbon Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: JP¥9.01 (vs JP¥25.66 in 3Q 2023)Third quarter 2024 results: EPS: JP¥9.01 (down from JP¥25.66 in 3Q 2023). Revenue: JP¥87.7b (down 1.7% from 3Q 2023). Net income: JP¥1.92b (down 65% from 3Q 2023). Profit margin: 2.2% (down from 6.1% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 11Dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 282%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €4.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 52% over the past three years.
Reported Earnings • May 11First quarter 2024 earnings released: EPS: JP¥7.63 (vs JP¥37.36 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.63 (down from JP¥37.36 in 1Q 2023). Revenue: JP¥82.2b (down 5.0% from 1Q 2023). Net income: JP¥1.63b (down 80% from 1Q 2023). Profit margin: 2.0% (down from 9.2% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
공시 • May 10+ 1 more updateTokai Carbon Co., Ltd. Provides Dividend Guidance for Second Quarter and the Fiscal Year Ending December 31, 2024Tokai Carbon Co., Ltd. provided dividend guidance for second quarter and the fiscal year ending December 31, 2024. For the quarter, the company expects to pay dividend of JPY 15.00 per share against JPY 18.00 per share paid a year ago.For the year, the company expects to pay dividend of JPY 15.00 per share against JPY 18.00 per share paid a year ago.
Declared Dividend • Apr 11Final dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 27th June 2024 Payment date: 2nd September 2024 Dividend yield will be 233%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (2% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 09Tokai Carbon Co., Ltd. (TSE:5301) agreed to acquire 3% stake in Tokai Carbon Korea Co., Ltd. (KOSDAQ:A064760) from KC Co., Ltd. (KOSE:A029460) for ¥5.2 billion.Tokai Carbon Co., Ltd. (TSE:5301) agreed to acquire 3% stake in Tokai Carbon Korea Co., Ltd. (KOSDAQ:A064760) from KC Co., Ltd. (KOSE:A029460) for ¥5.2 billion on April 9, 2024. The transaction is expected to close on April 23, 2024.
공시 • Mar 28+ 2 more updatesTokai Carbon Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Tokai Carbon Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024
공시 • Mar 23Tokai Carbon Co., Ltd. to Report Q1, 2024 Results on May 09, 2024Tokai Carbon Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024
Reported Earnings • Feb 14Full year 2023 earnings released: EPS: JP¥119 (vs JP¥105 in FY 2022)Full year 2023 results: EPS: JP¥119 (up from JP¥105 in FY 2022). Revenue: JP¥363.9b (up 6.9% from FY 2022). Net income: JP¥25.5b (up 14% from FY 2022). Profit margin: 7.0% (up from 6.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
공시 • Feb 13+ 2 more updatesTokai Carbon Co., Ltd., Annual General Meeting, Mar 28, 2024Tokai Carbon Co., Ltd., Annual General Meeting, Mar 28, 2024.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥18.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 2.3% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: JP¥25.66 (vs JP¥32.22 in 3Q 2022)Third quarter 2023 results: EPS: JP¥25.66 (down from JP¥32.22 in 3Q 2022). Revenue: JP¥89.2b (flat on 3Q 2022). Net income: JP¥5.47b (down 20% from 3Q 2022). Profit margin: 6.1% (down from 7.7% in 3Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공시 • Aug 19Tokai Carbon Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024Tokai Carbon Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: JP¥37.24 (vs JP¥24.43 in 2Q 2022)Second quarter 2023 results: EPS: JP¥37.24 (up from JP¥24.43 in 2Q 2022). Revenue: JP¥91.9b (up 5.0% from 2Q 2022). Net income: JP¥7.94b (up 52% from 2Q 2022). Profit margin: 8.6% (up from 5.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Aug 09Tokai Carbon Co., Ltd. Announces Management Changes, Effective as of September 1, 2023Tokai Carbon Co., Ltd. decided on the following personnel change effective as of September 1, 2023: Masafumi Tsuji, Member of the Board Executive Officer Responsible for Human Resources, General Affairs and Legal Affairs Department as Member of the Board Managing Executive Officer Responsible for Human Resources General Manager, Graphite Electrode Division; Hiroshi Takahashi, Executive Officer Responsible for General Administration Department for Group Companies as Executive Officer Advisor, Tokai Material Co., Ltd.; Akira Yamada, Executive Officer General Manager, General Affairs and Legal Affairs Department as Executive Officer Responsible for General Affairs and Legal Affairs Department General Manager, General Affairs and Legal Affairs Department; Keiichiro Machihara, Executive Officer Deputy General Manager, Technology & Engineering Division General Manager, Engineering Department as Executive Officer, Deputy General Manager, Technology & Engineering Division General Manager, Engineering Department Engineering Advisor, CB Business Rebuilding Project.
공시 • Jul 22+ 1 more updateTokai Carbon Co., Ltd. to Report Q3, 2023 Results on Nov 07, 2023Tokai Carbon Co., Ltd. announced that they will report Q3, 2023 results on Nov 07, 2023
Upcoming Dividend • Jun 22Upcoming dividend of JP¥18.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.3%).
공시 • May 18+ 1 more updateTokai Carbon Co., Ltd. Provides Earnings Guidance for the First Six Months and Full Year of Fiscal Year Ending December 31, 2023Tokai Carbon Co., Ltd. provided earnings guidance for the first six months and full year of fiscal year ending December 31, 2023. For the six months, the company expects net sales to be JPY 198,000 million, operating income to be JPY 20,000 million, net income attributable to owners of the parent company to be JPY 11,000 million and net income per share to be JPY 51.60.For the full year, the company expects net sales to be JPY 410,000 million, operating income to be JPY 45,000 million, net income attributable to owners of the parent company to be JPY 26,000 million and net income per share to be JPY 121.95.
Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥37.36 (vs JP¥18.97 in 1Q 2022)First quarter 2023 results: EPS: JP¥37.36 (up from JP¥18.97 in 1Q 2022). Revenue: JP¥86.5b (up 25% from 1Q 2022). Net income: JP¥7.96b (up 97% from 1Q 2022). Profit margin: 9.2% (up from 5.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.67, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Chemicals industry in Germany. Total returns to shareholders of 14% over the past three years.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥105 (vs JP¥75.55 in FY 2021)Full year 2022 results: EPS: JP¥105 (up from JP¥75.55 in FY 2021). Revenue: JP¥340.4b (up 32% from FY 2021). Net income: JP¥22.4b (up 39% from FY 2021). Profit margin: 6.6% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Feb 11Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2023Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2023.
공시 • Feb 10Tokai Carbon Co., Ltd. Announces Notice on Changes in the ManagementTokai Carbon decided on the following personnel change effective as of March 30, 2023. (1) New Member of the Board. New Position: Member of the BoardExecutive Officer (Director & Managing Director, THAI TOKAI CARBON PRODUCT CO., LTD.), Name: Tatsuhiko Yamazaki. Current Position: Business Director(Director & Managing Director, THAI TOKAI CARBON PRODUCT CO., LTD.). (2) Retirement from Member of the Board. Current Position: Member of the BoardExecutive Officer Responsible for Human Resources, General Affairs and Legal Affairs Department, Name: Yuji Serizawa. Post-Retirement: (Audit & Supervisory Board Member). (3) New Audit & Supervisory Board Member. New Position: Audit & Supervisory Board Member, Name: Yuji Serizawa. Current Position: Member of the Board Executive Officer Responsible for Human Resources, General Affairs and Legal Affairs Department. . New Position: Audit & Supervisory Board Member (External), Name: Yoshinori Matsushima. (4) Retirement from Audit & Supervisory Board Member. Current Position: Audit & Supervisory Board Member, Name: Masanao Hosoya. Post-Retirement: -. Current Position: Audit & Supervisory Board Member (External), Name: Motokazu Hiura. Post-Retirement: -. (5) New Substitute Audit & Supervisory Board Member. New Position: Substitute Audit & Supervisory Board Member (External), Name: Toshiya Onuma. Current Position:-. (6) New Executive Officer. New Position: Executive Officer Responsible for Strategic Planning Department, Name: Tsunayuki Sato. Current Position: Business Director General Manager, Strategic Investment Department. (7) Changes in Member of the Board and Executive Officer. New Position: Member of the BoardExecutive Officer Responsible for Human Resources, General Affairs and Legal Affairs Department, Name: Masafumi Tsuji. Current Position: Member of the BoardExecutive Officer Responsible for Corporate Planning, General Administration for Group Companies, Strategic Investment, Sales Research & Planning and Business Incubation Department General Manager, Corporate Planning Department. New Position: Member of the Board Executive Officer General Manager,Technology & Engineering Division, Name: Syunji Yamamoto. Current Position: Member of the Board Executive Officer (Director, TCCB Genpar LLC). New Position: Executive Officer Responsible for General Administration Department for Group Companies Name: Hiroshi Takahashi. Current Position: Executive OfficerGeneral Manager, General Administration Department for Group Companies. (8) Other Changes. New Position: (Retirement), Name: Nobuyuki Murofushi. Current Position: Executive Fellow Executive Officer to the President.
공시 • Feb 09Tokai Carbon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expects net sales to be JPY 340,000 million as compared to previous JPY 305,000 million, Operating income to be JPY 40,588 million as compared to previous JPY 35,000 million, net income attributable to owners of parent to be JPY 22,418 million as compared to previous JPY 20,000 million. EPS to be JPY 105.16 as compared to previous JPY 93.82 per basic share. Net sales, operating income, ordinary income and net income attributable to owners of the parent company increased compared to the previous guidance due to increased shipments of materials andproducts in the background of the gradual recovery of the global economy. Net sales improved from the previous forecast mainly due to an improvement in the selling price ofcarbon black.
공시 • Jan 27Tokai Carbon Co., Ltd. Announces Executive ChangesTokai Carbon Co., Ltd. announced following personnel change effective as of February 1, 2023. Keiichiro Machihara, Executive Officer General Manager, Technology & Engineering Division as Executive Officer General Manager, Technology & Engineering Division General Manager, Engineering Department.
공시 • Dec 28Tokai Carbon Co., Ltd. to Report Fiscal Year 2022 Results on Feb 09, 2023Tokai Carbon Co., Ltd. announced that they will report fiscal year 2022 results on Feb 09, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent External Director Toshiro Miyazaki was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: JP¥32.21 (vs JP¥18.06 in 3Q 2021)Third quarter 2022 results: EPS: JP¥32.21 (up from JP¥18.06 in 3Q 2021). Revenue: JP¥89.3b (up 32% from 3Q 2021). Net income: JP¥6.87b (up 78% from 3Q 2021). Profit margin: 7.7% (up from 5.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Aug 18+ 1 more updateTokai Carbon Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022Tokai Carbon Co., Ltd. provides consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expects net sales to be JPY 305,000 million, Operating income to be JPY 35,000 million, net income attributable to owners of parent to be JPY 20,000 million or JPY 93.82 per basic share.
Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: JP¥24.43 (vs JP¥17.54 in 2Q 2021)Second quarter 2022 results: EPS: JP¥24.43 (up from JP¥17.54 in 2Q 2021). Revenue: JP¥87.6b (up 38% from 2Q 2021). Net income: JP¥5.21b (up 39% from 2Q 2021). Profit margin: 5.9% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 6.5%, compared to a 3.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • Aug 08Tokai Carbon Co., Ltd. Announces Management ChangesTokai Carbon Co., Ltd. announced that changes of Masafumi Tsuji as Member of the Board Executive Officer Responsible for Corporate Planning, General Administration for Group Companies, Strategic Investment, Sales Research & Planning and Business Incubation Department General Manager, Corporate Planning Department from Member of the Board Executive Officer Responsible for Corporate Planning, Strategic Investment, and Sales Research & Planning Department General Manager, Corporate Planning Department. Hiroshi Takahashi as Executive Officer General Manager, General Administration Department for Group Companies from Executive Officer (Chairman, Tokai Carbon Korea Co., Ltd.). Kazuhito Kataoka as Executive Officer General Manager, Business Incubation Department from Executive Officer General Manager, Japan Operations of Graphite Electordes. Kazuyoshi Haino as Executive Officer General Manager, Japan Operations of Graphite Electordes and Hofu Laboratory from Executive Officer General Manager, Production & Technology Department, Graphite Electrode Division.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (5.4%).
Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥18.97 (vs JP¥9.23 in 1Q 2021)First quarter 2022 results: EPS: JP¥18.97 (up from JP¥9.23 in 1Q 2021). Revenue: JP¥69.5b (up 29% from 1Q 2021). Net income: JP¥4.04b (up 106% from 1Q 2021). Profit margin: 5.8% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent External Director Toshiro Miyazaki was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: JP¥75.55 (up from JP¥4.78 in FY 2020). Revenue: JP¥258.9b (up 28% from FY 2020). Net income: JP¥16.1b (up JP¥15.1b from FY 2020). Profit margin: 6.2% (up from 0.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 10%, compared to a 6.0% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
공시 • Feb 08Tokai Carbon Co., Ltd. Announces Executive ChangesTokai Carbon announces the following changes in the management scheduled on March 30, 2022. Toshiro Miyazaki is appointed as Member of the Board (External). Hirofumi Masuda announced Retirement from member of the Board as a Member of the Board, Executive Officer, General Manager and Friction Materials Division. Junichi Tanahashi resigns as Member of the Board (External). The above retirement is scheduled when the FY2021 Annual Meeting of Shareholders closes on March 30, 2022. Kazuyoshi Haino appointed as Executive Officer, General Manager, Production & Technology Department, Graphite Electrode Division. Keiichiro Machihara appointed as Executive Officer, General Manager, Technology & Engineering Division, General Manager, Engineering Department. The above position is scheduled on March 30, 2022.
공시 • Jan 28Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2022Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2022. Agenda: To consider Partial Amendment to the Articles of Incorporation.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.8%).
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €9.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 15% over the past three years.
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS JP¥18.06 (vs JP¥5.35 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥67.7b (up 33% from 3Q 2020). Net income: JP¥3.85b (up JP¥4.99b from 3Q 2020). Profit margin: 5.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to €12.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 13% over the past three years.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥10.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 25% over the past three years.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS JP¥17.54 (vs JP¥11.38 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥63.4b (up 55% from 2Q 2020). Net income: JP¥3.74b (up JP¥6.17b from 2Q 2020). Profit margin: 5.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 01 September 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.7%).
공시 • May 25+ 1 more updateTokai Carbon Co., Ltd. Provides Dividend Guidance for the Six Months Ending June 30, 2021 and Full Year Ending December 31, 2021Tokai Carbon Co., Ltd. provided dividend guidance for the six months ending June 30, 2021 and full year ending December 31, 2021. For the six months, the company expected dividend of JPY 15 per share compared to JPY 15 per share paid a year ago. For the full year, the company expected dividend of JPY 15 per share compared to JPY 15 per share paid a year ago.
Reported Earnings • May 12First quarter 2021 earnings released: EPS JP¥9.23 (vs JP¥21.50 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: JP¥54.0b (up 2.2% from 1Q 2020). Net income: JP¥1.97b (down 57% from 1Q 2020). Profit margin: 3.6% (down from 8.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Apr 04Full year 2020 earnings released: EPS JP¥4.78 (vs JP¥150 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥201.5b (down 23% from FY 2019). Net income: JP¥1.02b (down 97% from FY 2019). Profit margin: 0.5% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Executive Departure • Apr 01Executive Officer & President of Oriental Industry Co. Ltd Yuji Yamake has left the companyOn the 30th of March, Yuji Yamake's tenure in the role of Executive Officer & President of Oriental Industry Co. Ltd ended. We don't have any record of a personal shareholding under Yuji's name. A total of 2 executives have left over the last 12 months.
Is New 90 Day High Low • Mar 16New 90-day high: €13.47The company is up 41% from a price of €9.55 on 16 December 2020. Outperformed the German market which is up 9.0% over the last 90 days. Exceeded the Chemicals industry, which is up 6.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €12.28 per share.
Reported Earnings • Feb 11Full year 2020 earnings released: EPS JP¥4.78 (vs JP¥150 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥201.5b (down 23% from FY 2019). Net income: JP¥1.02b (down 97% from FY 2019). Profit margin: 0.5% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 11Revenue misses expectationsRevenue missed analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 10%, compared to a 5.1% growth forecast for the Chemicals industry in Germany.
공시 • Feb 10+ 1 more updateTokai Carbon Co., Ltd. to Report Q1, 2021 Results on May 10, 2021Tokai Carbon Co., Ltd. announced that they will report Q1, 2021 results on May 10, 2021
공시 • Feb 09+ 1 more updateTokai Carbon Co., Ltd. to Report Q2, 2021 Results on Aug 05, 2021Tokai Carbon Co., Ltd. announced that they will report Q2, 2021 results on Aug 05, 2021
Is New 90 Day High Low • Feb 03New 90-day high: €12.78The company is up 34% from its price of €9.53 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.57 per share.
공시 • Jan 29Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2021Tokai Carbon Co., Ltd., Annual General Meeting, Mar 30, 2021. Agenda: To consider the Partial Amendment to the Articles of Incorporation.
Is New 90 Day High Low • Jan 13New 90-day high: €10.48The company is up 10.0% from its price of €9.51 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.46 per share.
공시 • Jan 07Tokai Carbon Co., Ltd. to Report Fiscal Year 2020 Results on Feb 09, 2021Tokai Carbon Co., Ltd. announced that they will report fiscal year 2020 results on Feb 09, 2021
Is New 90 Day High Low • Dec 29New 90-day high: €10.33The company is up 17% from its price of €8.85 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.01 per share.
Analyst Estimate Surprise Post Earnings • Nov 19Revenue beats expectationsRevenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 5.0%, compared to a 3.6% growth forecast for the Chemicals industry in Germany.
Reported Earnings • Nov 19Third quarter 2020 earnings released: JP¥5.35 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: JP¥50.9b (down 14% from 3Q 2019). Net loss: JP¥1.14b (down 123% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 5.1%, compared to a 2.9% growth forecast for the Chemicals industry in Germany.
Reported Earnings • Nov 07Third quarter 2020 earnings released: JP¥5.35 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: JP¥50.9b (down 14% from 3Q 2019). Net loss: JP¥1.14b (down 123% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • Nov 05Tokai Carbon Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2020Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2020. For the period, the company expects net sales to be of JPY 190,000 Million compared to previous forecast of JPY 190,000 Million. Operating income expected to be of JPY 6,100 Million compared to previous forecast of JPY 6,100 Million. Net income attributable to owners of the parent company expected to be of JPY 500 Million compared to previous forecast of JPY 1,000 Million. Net income per share expected to be of JPY 2.35 compared to previous forecast of JPY 4.69.
Is New 90 Day High Low • Oct 27New 90-day high: €10.31The company is up 38% from its price of €7.50 on 29 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.17 per share.
Is New 90 Day High Low • Oct 07New 90-day high: €9.31The company is up 18% from its price of €7.91 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.68 per share.