Tokai Carbon Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was JPY 82,161 million compared to JPY 86,530 million a year ago. Net income was JPY 1,627 million compared to JPY 7,964 million a year ago.

Basic earnings per share from continuing operations was JPY 7.63 compared to JPY 37.36 a year ago.