Tokai Carbon Co., Ltd. Provides Consolidated Earnings Guidance for the First Six Months of Fiscal Year 2020 and Full Year Ending December 31, 2020
May 27, 2020 at 07:00 am IST
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Tokai Carbon Co., Ltd. provided consolidated earnings guidance for the first six months of fiscal year 2020 and full year ending December 31, 2020. For the first six months, the company expects net sales of JPY 120,100 million, operating income of JPY 10,500 million, net income attributable to owners of parent company of JPY 5,600 million or JPY 26.27 per share.
For the full year ending December 31, 2020, the company expects net sales of JPY 251,200 million, operating income of JPY 28,200 million, net income attributable to owners of parent company of JPY 16,600 million or JPY 77.88 per share.
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. 
