Tokai Carbon Co., Ltd. announced the retirement of Kanji Sugihara as member of the Board and Seiichiro Sasao as Audit & Supervisory Board member. The retirements are scheduled when the 156 Ordinary General Meeting of Shareholders closes on March 29, 2018. The company also announced the appointment of Yoshio Namura as Audit & Supervisory Board Member. The appointment is scheduled under the approval of the 156 Ordinary General Meeting of Shareholders on March 29, 2018.
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%).