Tokai CarbonTOKAI CARBON CO., LTD.5301東証プライムガラス・土石製品FY ending Dec 2025, consolidated, J-GAAP

Tokai Carbon FY ending Dec 2025 results

About 46% of Tokai Carbon's sales come from Carbon Black, with Smelting and Lining and Fine Carbon making up much of the rest.

Out of every ¥100 of sales, about ¥8 is left as operating profit.

Revenue changed -7.8% from the prior year, operating profit +33.3%.

Revenue and profit pattern

Revenue down, profit up

Revenue -7.8% · profit +33.3%, calculated from disclosed figures.

Operating leverage: -4.30× (profit growth ÷ revenue growth)

FY ending Dec 2024 → FY ending Dec 2025

Revenue for the FY ending Dec 2025 was ¥323B, down 7.8% from ¥350.1B.
Profit moved the other way: operating income climbed 33.3% from ¥19.4B to ¥25.9B.
Net income attributable to owners was ¥20.1B, after a -¥56.5B loss the year before.
Operating cash flow slipped 13.3% to ¥55.9B, while free cash flow rose 38.5% to ¥13B.

Sales fell mainly because the German graphite electrode unit was sold, and carbon black prices and volumes dropped as tire makers cut production.
Profit improved thanks to cost cuts and lower depreciation after last year's impairment in Smelting and Lining, plus consolidating graphite electrode production in Japan. Both segments returned to an operating profit.
Net income also got a lift from one-off gains on selling cross-held shares.

Much of the company's sales depend on the auto, semiconductor and steel industries, so a sharp downturn there would hurt sales and margins.
Many products face steady price pressure from competitors, which could cost market share and margin.
A stronger yen against the dollar and euro tends to weigh on results.

Annual Securities Report (164th term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (164th term) / 事業等のリスク

FY ending Dec 2024 → FY ending Dec 2025

For every ¥100 Tokai Carbon sells, how much goes where, and how much is kept.

FY ending Dec 2025

Gross margin24.7%

Operating margin8.0%

Net margin6.2%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Revenue by business segment, and the profit each one keeps.

FY ending Dec 2025

Carbon Black¥147.1B
46%
Op. margin 8.9%Industry: Chemicals
Smelting and Lining¥61.8B
19%
Op. margin 2.4%Industry: Glass & Ceramics
Fine Carbon¥56B
17%
Op. margin 13.8%Industry: Semiconductor Materials
Graphite Electrode¥37.6B
12%
Op. margin 6.4%Industry: Glass & Ceramics
Industrial Furnace and Related Products¥10.7B
3%
Op. margin 21.1%Industry: Industrial Machinery
Other¥9.84B
3%
Op. margin 6.3%

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第164期(2025/01/01－2025/12/31)
ID S100XU852026-03-26Open
EDINET (FSA Japan)
有価証券報告書－第163期(2024/01/01－2024/12/31)
ID S100VHHO2025-03-27Open
EDINET (FSA Japan)
有価証券報告書－第162期(2023/01/01－2023/12/31)
ID S100T61I2024-03-28Open
EDINET (FSA Japan)
有価証券報告書－第161期(2022/01/01－2022/12/31)
ID S100QI8M2023-03-30Open
EDINET (FSA Japan)
有価証券報告書－第160期(令和3年1月1日－令和3年12月31日)
ID S100NSQQ2022-03-30Open
EDINET (FSA Japan)
有価証券報告書－第159期(令和2年1月1日－令和2年12月31日)
ID S100L2LM2021-03-30Open

Extracted from XBRL: 55 / Derived from other figures: 2

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