Tokai Carbon Transfers Subsidiary to Align with Vision 2030

Tokai Carbon Co ( (JP:5301) ) has provided an update.

Tokai Carbon Co., Ltd. has decided to transfer all shares of its subsidiary, TOKAI ERFTCARBON GmbH, to LEO III. Fund, advised by DUBAG Investment Advisory GmbH. This decision aligns with Tokai Carbon’s Vision 2030 strategy to optimize resource allocation and address challenges in the European graphite electrode market, where demand has been sluggish due to price competition and low capacity utilization.

The most recent analyst rating on (JP:5301) stock is a Hold with a Yen950.00 price target. To see the full list of analyst forecasts on Tokai Carbon Co stock, see the JP:5301 Stock Forecast page.

More about Tokai Carbon Co

Tokai Carbon Co., Ltd. operates in the carbon industry, focusing on the manufacture and sale of graphite electrodes, among other products. The company is listed on the Tokyo Stock Exchange and aims to transform its business portfolio through structural reforms, growth market commitments, and sustainable value creation.

YTD Price Performance: 9.18%

Average Trading Volume: 1,237,168

Technical Sentiment Signal: Buy

Current Market Cap: Yen213.6B

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