Tokai Carbon Explained

Tokai Carbon Co., Ltd.
Type:Public KK
Traded As:
Nikkei 225 Component
Foundation:Tokyo, Japan
Location:Aoyama Building, Minato-ku, Tokyo 107-8636, Japan
Key People:Hajime Nagasaka
(CEO and President)
Industry:Chemicals
Revenue: JP¥ 106.2 billion (FY 2017) (US$ 948 million) (FY 2017)
Net Income: JP¥ 11.8 billion (FY 2017) (US$ 105 million) (FY 2017)
Num Employees:2,142 (consolidated, as of December 2016)
Homepage:Official website
Footnotes:[1] [2] [3]

is a Japanese company. The company is a developer and stockist of graphite material for use in nuclear power, particularly electrical discharge machining electrode, high temperature, and mechanical applications.[4]

The company was founded in 1918 as Tokai Electrode Mfg. Co. Ltd. with a plant in Nagoya and the head office in Tokyo. In 1975 it changed to its present name, Tokai Carbon Co., Ltd. It is listed on the first section of the Tokyo Stock Exchange and is a constituent of the Nikkei 225 stock index.[5]

Company locations

In Japan Tokai Carbon has:

As of the end of 2012 it has 24 subsidiaries and 6 affiliated companies in Japan, Germany, the UK, Sweden, Italy, China, Thailand, South Korea and the US.[7]

Acquisitions

In 2014 the company acquired Cancarb, a Canadian thermal carbon black producer, from TransCanada Corporation.[8]

In June 2018 Tokai announced the acquisition of Sid Richardson Carbon, the largest manufacturer of furnace black in the US. Sid Richardson counts Bridgestone, Michelin, Goodyear and Continental AG among its customers.[9]

Business segments and products

Source

External links

Notes and References

  1. Web site: Company Outline . Tokai Carbon . August 5, 2018.
  2. Web site: Company Profile . . April 5, 2014.
  3. Web site: Financial Statements . https://archive.today/20140405182221/http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=5301:JP . dead . April 5, 2014 . . April 5, 2014.
  4. Web site: Company Profile . . . March 21, 2016.
  5. Web site: Components:Nikkei Stock Average . . April 5, 2014.
  6. Web site: Company Network . Tokai Carbon . April 5, 2014.
  7. Web site: Annual Report 2012 . Tokai Carbon . April 5, 2014.
  8. News: Cancarb's owner expanding N.A. presence . Collin . Gallant . . July 13, 2018 . August 5, 2018.
  9. News: Tokai Carbon to acquire Sid Richardson . Rubber & Plastics News . . June 26, 2018 . August 5, 2018.