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53

Tokai Carbon Co., Ltd.

5301.TBasic MaterialsTSE

Specialty Chemicals · Last scanned May 29, 2026

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Financials · Annual
Revenue
$322.96B
-7.8% YoY
Net Income
$20.08B
+135.5% YoY
EBITDA
$66.35B
+2019.2% YoY

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About Tokai Carbon Co., Ltd.

Part of the basic materials sector, Tokai Carbon Co., Ltd. (5301.T) is listed under Specialty Chemicals. The $381.75B market capitalization puts 5301.T squarely in mega-cap range for its industry. It offers graphite electrodes for use in electric furnaces, such as direct current, alternating current, and refining furnaces; and carbon black, including SEAST, TOKABLACK, Aqua Black, and Thermax black varieties, which are used to reinforce the rubber in tires, as well as used as a black pigment in various black-colored products.

Key stats
Market Cap$381.75B
P/E (TTM)19.02
Fwd P/E20.43
EPS$94.03
Beta0.60
52W Change+64.6%
Dividend Yield2.34%
ROE6.7%
Analysis

Tokai Carbon Co., Ltd. carries $204.26B in total debt against $86.29B in cash reserves — debt is roughly 2.4x the cash position. Managing this leverage effectively will be important for long-term financial stability. Return on equity stands at 6.7%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.5% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $258.87B to $322.96B.

With a beta below 0.7, Tokai Carbon Co., Ltd. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Tokai Carbon Co., Ltd.'s trajectory.

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