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Tokai Carbon

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Tokai Carbon Co., Ltd.
Company typePublic KK
TYO: 5301
Nikkei 225 Component
IndustryChemicals
FoundedTokyo, Japan (April 8, 1918; 106 years ago (1918-04-08))
HeadquartersAoyama Building, Minato-ku, Tokyo 107-8636, Japan
Key people
Hajime Nagasaka
(CEO and President)
Products
RevenueIncrease JP¥ 106.2 billion (FY 2017) (US$ 948 million) (FY 2017)
Increase JP¥ 11.8 billion (FY 2017) (US$ 105 million) (FY 2017)
Number of employees
2,142 (consolidated, as of December 2016)
WebsiteOfficial website
Footnotes / references
[1][2][3]

Tokai Carbon Co., Ltd. (東海カーボン株式会社, Tōkai Kābon Kabushiki-gaisha) is a Japanese company. The company is a developer and stockist of graphite material for use in nuclear power, particularly electrical discharge machining electrode, high temperature, and mechanical applications.[4]

The company was founded in 1918 as Tokai Electrode Mfg. Co. Ltd. with a plant in Nagoya and the head office in Tokyo. In 1975 it changed to its present name, Tokai Carbon Co., Ltd. It is listed on the first section of the Tokyo Stock Exchange and is a constituent of the Nikkei 225 stock index.[5]

Company locations

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Night view of Tokai Carbon Chita factory

In Japan Tokai Carbon has:

As of the end of 2012 it has 24 subsidiaries and 6 affiliated companies in Japan, Germany, the UK, Sweden, Italy, China, Thailand, South Korea and the US.[7]

Acquisitions

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In 2014 the company acquired Cancarb, a Canadian thermal carbon black producer, from TransCanada Corporation.[8]

In June 2018 Tokai announced the acquisition of Sid Richardson Carbon, the largest manufacturer of furnace black in the US. Sid Richardson counts Bridgestone, Michelin, Goodyear and Continental AG among its customers.[9]

Business segments and products

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  • Carbon black for use in the tire (as a pigment and reinforcing agent for tires) and rubber industry
  • Carbon and ceramics
    • Graphite electrodes, which are used for recycling steel in electric furnaces
    • Fine carbon, which is used in solar cell and semi-conductor industry
  • Industrial furnaces and related products for fine ceramic, glass and electronic parts industry
  • Other operations

Source

References

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  1. ^ "Company Outline". Tokai Carbon. Retrieved August 5, 2018.
  2. ^ "Company Profile". Google Finance. Retrieved April 5, 2014.
  3. ^ "Financial Statements". Bloomberg Businessweek. Archived from the original on April 5, 2014. Retrieved April 5, 2014.
  4. ^ "Company Profile". Nikkei Asian Review. Nikkei Inc. Retrieved March 21, 2016.
  5. ^ "Components:Nikkei Stock Average". Nikkei Inc. Retrieved April 5, 2014.
  6. ^ "Company Network". Tokai Carbon. Retrieved April 5, 2014.
  7. ^ "Annual Report 2012" (PDF). Tokai Carbon. Retrieved April 5, 2014.
  8. ^ Gallant, Collin (July 13, 2018). "Cancarb's owner expanding N.A. presence". Medicine Hat News. Retrieved August 5, 2018.
  9. ^ "Tokai Carbon to acquire Sid Richardson". Rubber & Plastics News. Crain Communications. June 26, 2018. Retrieved August 5, 2018.
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