Tokai Carbon Co., Ltd. Announces Management Changes, March 27, 2020
February 12, 2020 at 01:00 am EST
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Tokai Carbon Co., Ltd. announced changes in the management scheduled on March 27, 2020. The company announced appointment of Hirofumi Masuda as Member of the Board and Junichi Tanahashi as Member of the Board (External). The company announced the retirement of Nobuyuki Murofushi as Member of the Board Executive Vice President Chairman, Corporate Planning, Strategic Investment, and Sales Research & Planning Department. The company announced the retirement of Yoshio Kumakura as Member of the Board. The company announced the appointment of Motokazu Hiura as Substitute Audit & Supervisory Board Member.
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%).