Tokai Carbon Co., Ltd. Approves Fiscal Year-End Dividend; Elects Hirofumi Masuda and Junichi Tanahashi as Directors
March 27, 2020 at 10:14 am EDT
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Tokai Carbon Co., Ltd. at its AGM held on March 27, 2020, approved that a fiscal year-end dividend of ¥24 per share (total annual dividend of ¥48 per share when combined with the interim dividend of ¥24 per share) would be paid.
The shareholders also elected Mr. Hirofumi Masuda and Mr. Junichi Tanahashi as directors.
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%).
TOKAI CARBON CO., LTD. 
