Tokai Carbon Co Ltd (JP:5301)
:5301
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Tokai Carbon Co
(5301)
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Rating:63Neutral
Price Target:
¥994.00
▼(-1.39% Downside)
Action:ReiteratedDate:02/18/26
The score is driven primarily by moderate financial performance—steady operating cash flow but volatile earnings and recent revenue declines—partly offset by supportive valuation (low P/E and a ~2.9% dividend). Technicals are mixed but lean weak near term, limiting the overall score.
Positive Factors
Consistent Operating Cash Flow
Consistently positive operating cash flow provides durable liquidity to fund working capital and routine capex through cycles. That sustained cash generation reduces refinancing risk, supports operational continuity and gives management flexibility for strategic investments or gradual deleveraging.
Negative Factors
Declining Revenue Trend
Two consecutive years of revenue decline point to weakening end-market demand or market share pressure. Sustained top-line contraction erodes scale economics, constrains reinvestment capacity, and increases sensitivity to fixed-cost absorption and cyclical downturns over the coming 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Operating Cash Flow
Consistently positive operating cash flow provides durable liquidity to fund working capital and routine capex through cycles. That sustained cash generation reduces refinancing risk, supports operational continuity and gives management flexibility for strategic investments or gradual deleveraging.
Read all positive factors
Tokai Carbon Co (5301) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥211.87B
Dividend Yield3.06%
Average Volume (3M)1.36M
Price to Earnings (P/E)13.9
Beta (1Y)1.06
Revenue Growth-7.36%
EPS Growth-574.56%
CountryJP
Employees4,625
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)17.44
Shares Outstanding225,171,140
10 Day Avg. Volume1,199,100
30 Day Avg. Volume1,362,263
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)0.65
Price to Sales (P/S)0.64
P/FCF Ratio14.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)72.6
Revenue Forecast (FY)¥343.73B
Tokai Carbon Co Business Overview & Revenue Model
Company Description
Tokai Carbon Co., Ltd. manufactures and sells carbon-related products and services in Japan. It offers graphite electrodes for use in electric furnaces, such as direct current, alternating current, and refining furnaces; and carbon black, includin...
How the Company Makes Money
Tokai Carbon primarily makes money by manufacturing and selling carbon- and graphite-based industrial materials to business customers (B2B) across sectors such as steel, automotive supply chains, and industrial manufacturing.
Key revenue streams ...
Tokai Carbon Co Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
58
Neutral
Cash Flow
64
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 337.27B | 322.96B | 350.11B | 363.95B | 340.37B | 258.87B |
| Gross Profit | 74.74B | 74.85B | 62.21B | 81.49B | 78.25B | 56.04B |
| EBITDA | 60.21B | 58.44B | 61.12B | 75.95B | 75.57B | 54.52B |
| Net Income | -51.86B | 20.08B | -56.73B | 25.47B | 22.42B | 16.11B |
Balance Sheet | ||||||
| Total Assets | 606.57B | 664.03B | 658.78B | 640.00B | 576.47B | 512.50B |
| Cash, Cash Equivalents and Short-Term Investments | 72.22B | 90.16B | 92.21B | 77.47B | 70.91B | 78.86B |
| Total Debt | 198.54B | 207.34B | 199.11B | 171.28B | 171.45B | 171.97B |
| Total Liabilities | 298.52B | 311.18B | 333.62B | 279.90B | 275.59B | 255.93B |
| Stockholders Equity | 274.56B | 318.36B | 289.56B | 324.49B | 268.83B | 229.21B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 14.77B | 10.91B | 16.71B | -2.78B | 9.12B |
| Operating Cash Flow | 0.00 | 55.87B | 64.47B | 62.07B | 41.20B | 38.07B |
| Investing Cash Flow | 0.00 | -51.05B | -70.78B | -47.63B | -49.90B | -35.28B |
| Financing Cash Flow | 0.00 | -7.69B | 9.41B | -14.51B | -10.63B | 1.21B |
Tokai Carbon Co Technical Analysis
Neutral
1008.00
Price Trends
1023.23
Negative
1006.57
Negative
1009.81
Negative
Market Momentum
-8.92
Negative
51.75
Neutral
75.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5301, the sentiment is Neutral. The current price of 1008 is above the 20-day moving average (MA) of 962.03, below the 50-day MA of 1023.23, and below the 200-day MA of 1009.81, indicating a neutral trend. The MACD of -8.92 indicates Negative momentum. The RSI at 51.75 is Neutral, neither overbought nor oversold. The STOCH value of 75.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5301.
Tokai Carbon Co Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥25.27B | 6.46 | ― | 3.21% | 9.61% | 173.72% | |
75 Outperform | ¥52.73B | 10.10 | 9.07% | 4.46% | -1.14% | 34.15% | |
73 Outperform | ¥54.69B | 8.68 | ― | 4.32% | -31.99% | -44.75% | |
72 Outperform | ¥25.77B | 12.16 | ― | 3.84% | -3.41% | -12.83% | |
66 Neutral | ¥40.55B | 35.78 | ― | 3.24% | 1.83% | -8.54% | |
63 Neutral | ¥211.87B | 13.89 | 6.95% | 3.06% | -7.36% | -574.56% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
* Basic Materials Sector Average
JP:5301
Tokai Carbon Co
992.80
198.11
24.93%
JP:5302
Nippon Carbon Co
4,775.00
1,062.14
28.61%
JP:4027
Tayca Corporation
1,897.00
774.16
68.95%
JP:4064
Nippon Carbide Industries Company,Incorporated
2,685.00
1,138.90
73.66%
JP:4092
Nippon Chemical Industrial Co., Ltd.
2,928.00
1,090.05
59.31%
JP:5304
SEC Carbon Ltd.
2,652.00
859.67
47.96%
Tokai Carbon Co Corporate Events
Tokai Carbon Sets Terms for ¥25 Billion Subordinated Hybrid Bond Issue
Mar 11, 2026
Tokai Carbon Co., Ltd. has finalized the terms for its fourth issuance of subordinated hybrid bonds, setting a total issue amount of ¥25 billion with an initial annual interest rate of 2.981 percent and a maturity date of March 25, 2061. The ...
Tokai Carbon Sharpens Vision 2030 Targets and Capital-Efficient Growth Push
Feb 13, 2026
Tokai Carbon outlined progress on its long-term “Vision 2030,” reaffirming its goal of contributing to a sustainable society through advanced materials and solutions, with 2030 targets of ¥500 billion in net sales, a 20% EBITDA ma...
Tokai Carbon Reshapes Board and Executive Ranks Ahead of FY2025 Shareholders’ Meeting
Feb 12, 2026
Tokai Carbon announced a series of management changes effective March 27, 2026, including the appointment of Akihiko Sato and Tsunayuki Sato as board members overseeing corporate planning, along with two new external directors, Kimiya Sano and Aki...
Tokai Carbon to Refinance Subordinated Loan With New Hybrid Bond Issue
Feb 12, 2026
Tokai Carbon Co., Ltd. plans to make an early repayment of its ¥25 billion subordinated loan, originally borrowed in 2019 to help finance the acquisition of COBEX HoldCo GmbH and affiliates, ahead of the initial optional repayment date in Dec...
Tokai Carbon Swings Back to Profit but Flags Lower Earnings for 2026
Feb 12, 2026
Tokai Carbon reported a 7.8% decline in 2025 net sales to ¥322.96 billion but sharply improved profitability, with operating income up 33.3% to ¥25.85 billion and net income rebounding to ¥20.08 billion from a large loss a year earl...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.