Tokai Carbon Co., Ltd. Declares Dividend for the Second Quarter of Fiscal Year Ending December 31, 2023, Payable on September 1, 2023; Provides Dividend Guidance for the Full Year Ending December 31, 2023
August 08, 2023 at 11:30 am IST
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Tokai Carbon Co., Ltd. announced dividend of JPY 18.00 for the second quarter of fiscal year ending December 31, 2023, payable on September 1, 2023.
For the fiscal year ending December 31, 2023, the company expects to pay JPY 18.00 against JPY 15.00 reported a year ago.
Tokai Carbon Co., Ltd. is one of the Japanese leaders in manufacturing and marketing of coal and graphite products. The group is also producing industrial furnaces. Net sales break down by family of products as follows:
- coal and graphite products (69.6%): coal, graphite electrodes, special graphite and friction materials primarily for industrial, electronic, energy, automotive and mechanic applications;
- cathodes for smelting aluminum and furnace linings (18.1%);
- industrial furnaces and heating products (6.9%): for thermal processing of ceramic products, electronic components, metals, glasses, etc.;
- other (5.4%).
Net sales break down geographically as follows: Japan (24.6%), Asia (26.7%), the United States (26.5%), Europe (11.6%) and other (10.6%).
Tokai Carbon Co., Ltd. Declares Dividend for the Second Quarter of Fiscal Year Ending December 31, 2023, Payable on September 1, 2023; Provides Dividend Guidance for the Full Year Ending December 31, 2023