Securities report
Fiscal year | (January 1 to December 31, |
20222022)
Tokai Carbon Co., Ltd.
(Translation) This document has been translated from the Japanese original for the convenience of overseas stakeholders. In the event of any discrepancy between this document and the Japanese original, the original shall prevail.
S e c u r i t i e s r e p o r t
- This document has been outputted and printed by adding a table of contents and page numbers to the data contained in the securities report (pursuant to Article 24, Paragraph 1 of the Financial Instruments and Exchange Act) that was submitted using the Electronic Disclosure for Investors' NETwork (EDINET) as stipulated in Article 27-30-2 of the Act.
- Appended to the back of this document are the audit report that was attached to the securities report when it was filed using the aforementioned method, and the internal control report and confirmation letter that were filed at the same time as the securities report.
Contents
Securities Report for Fiscal 2022 | ||
2 | Company History | 4 |
3 | Description of Business | 6 |
4 | Status of Subsidiaries and Associates | 8 |
5 | Employees | 11 |
Section 2 Status of Business | 12 | |
1 | Management Policy, Business Environment and Challenges to be Addressed, etc | 12 |
2 | Risk of Business, etc | 13 |
3 | Management's Analysis of Financial Position, Operating Results, and Cash Flows | 17 |
4 | Important Agreements for Operation, etc | 22 |
5 | Research and Development | 23 |
Section 3 Facilities and Equipment | 24 | |
1 | Capital Investment, etc | 24 |
2 | Major Facilities and Equipment | 25 |
3 | Plans for New Installation, Disposal, etc. of Facilities | 27 |
Section 4 Status of the Submitting Company | 28 | |
1 | Status of Shares, etc | 28 |
2 | Acquisition of Treasury Stock, etc | 32 |
3 | Dividend Policy | 33 |
4 | Corporate Governance, etc | 34 |
Section 5 Status of Accounting | 60 | |
1 | Consolidated Financial Statements, etc | 61 |
2 | Financial Statements, etc | 107 |
Section 6 Outline of Stock-related Administration of Submitting Company | 123 | |
Section 7 Reference Information on Submitting Company | 124 | |
1 | Information on Parent of Submitting Company, etc | 124 |
2 | Other Reference Information | 124 |
Part 2 Information on Submitting Company's Surety Company, etc | 125 | |
Audit Report | ||
Internal Control Report | ||
Confirmation Letter |
[Cover]
[Document submitted] | Securities report |
[Applicable law] | Article 24, Paragraph 1 of the Financial Instruments and Exchange Act |
[Submitted to] | Director of the Kanto Local Finance Bureau |
[Date submitted] | March 30, 2023 |
[Fiscal year] | Fiscal 2022 (from January 1 to December 31, 2022) |
[Company name] | Tokai Carbon Co., Ltd. |
[Company name in English] | TOKAI CARBON CO.,LTD. |
[Name and title of representative] | Hajime Nagasaka, President & Chief Executive Officer |
[Address of head office] | 1-2-3, Kita Aoyama, Minato-ku, Tokyo |
[Telephone number] | 03-3746-5100 (Switchboard) |
[Contact person] | Akira Yamada, General Manager, General Affairs Department |
[Nearest place of contact] | 1-2-3, Kita Aoyama, Minato-ku, Tokyo |
[Telephone number] | 03-3746-5100 (Switchboard) |
[Contact person] | Akira Yamada, General Manager, General Affairs Department |
[Place available for public inspection] | Tokai Carbon Co., Ltd. Osaka Branch |
(Osaka Fukoku Seimei Bldg., 2-4 Komatsubaracho, Kita-ku,Osaka-shi, Osaka) | |
Tokai Carbon Co., Ltd. Nagoya Branch | |
(Nagoya International Center Bldg., 1-47-1 Nagono, Nakamura-ku, Nagoya, Aichi) | |
Tokyo Stock Exchange, Inc. | |
(2-1 Nihombashi Kabutocho, Chuo-ku, Tokyo) |
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Part I Company Information
Section 1 Overview of the Company
1 Key Financial Data
- Consolidated financial data, etc.
Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | |
Fiscal year-end | December 2018 | December 2019 | December 2020 | December 2021 | December 2022 | |
Net sales | (Million | 231,302 | 262,028 | 201,542 | 258,874 | 340,371 |
yen) | ||||||
Ordinary income | (Million | 72,991 | 52,986 | 6,262 | 24,770 | 42,521 |
yen) | ||||||
Net income attributable to | (Million | 73,393 | 31,994 | 1,019 | 16,105 | 22,418 |
owners of the parent company | yen) | |||||
Comprehensive income | (Million | 65,354 | 33,484 | 743 | 39,006 | 56,689 |
yen) | ||||||
Net assets | (Million | 207,833 | 232,975 | 224,815 | 256,570 | 300,868 |
yen) | ||||||
Total assets | (Million | 329,868 | 462,872 | 459,709 | 512,503 | 576,465 |
yen) | ||||||
Net assets per share | (Yen) | 877.96 | 993.84 | 944.16 | 1,075.19 | 1,260.95 |
Net income per share | (Yen) | 344.32 | 150.10 | 4.78 | 75.55 | 105.16 |
Diluted net income per share | (Yen) | - | - | - | - | - |
Equity ratio | (%) | 56.7 | 45.8 | 43.8 | 44.7 | 46.6 |
Return on equity | (%) | 46.8 | 16.0 | 0.5 | 7.5 | 9.0 |
Price-to-earnings ratio | (Times) | 3.6 | 7.3 | 269.6 | 16.0 | 10.2 |
Cash flows from operating | (Million | 44,109 | 41,664 | 55,022 | 38,072 | 41,205 |
activities | yen) | |||||
Cash flows from investing | (Million | (53,849) | (99,159) | (44,301) | (35,282) | (49,900) |
activities | yen) | |||||
Cash flows from financing | (Million | 29,677 | 64,568 | 927 | 1,211 | (10,629) |
activities | yen) | |||||
Cash and cash equivalents at | (Million | 41,124 | 46,443 | 57,727 | 64,435 | 49,377 |
end of the period | yen) | |||||
Number of employees | (Number) | 2,944 | 3,714 | 4,178 | 4,289 | 4,378 |
(Average number of temporary | (453) | (457) | (444) | (448) | (434) | |
employees; excluded) | ||||||
(Notes) 1. Diluted net income per share amount is not shown because there were no dilutive shares. |
- Provisional accounting treatments for the business combinations with Tokai Carbon Korea Co., Ltd. and Tokai Carbon CB Ltd. were finalized in fiscal 2019. Key financial data for fiscal 2018 are amounts reflecting the significant revision of the initial allocation amount of the acquisition cost due to finalization of provisional accounting treatments.
- The Company has adopted the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and other standards from the beginning of the fiscal year under review. Key financial data for the current consolidated fiscal year are those after the application of these accounting standards.
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Disclaimer
Tokai Carbon Co. Ltd. published this content on 09 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2023 08:09:08 UTC.