Tokai Carbon : Difference between the FY2023Q2 earnings forecast and the actual results(252KB)
August 08, 2023 at 02:05 am EDT
Share
August 8 2023
Company Name : Tokai Carbon Co., Ltd.
Representative : Hajime Nagasaka, President & CEO
(Stock Code : 5301 TSE Prime Market)
Contact : Naoki Hirai, Business Director and
General Manager,
Accounting & Finance Department
Telephone : +81-3-3746-5200
Difference between the FY2023Q2 earnings forecast and the actual results
Tokai Carbon Co., Ltd. reports the difference between the FY2023Q2 earnings forecast announced on May 11, 2023 and the actual results disclosed on August 8, 2023.
1. Difference between the consolidated forecast and the actual results for fiscal 2023Q2 (January 1, 2023－June 30, 2023)
Operating
Ordinary
Net income (loss)
Net
attributable to
income
Net sales
income
income
owners of the
(loss)
(loss)
(loss)
parent company
per share
Unit
Million Yen
Million Yen
Million Yen
Million Yen
Yen per share
Previous forecast
(A)
198,000
20,000
20,000
11,000
51.60
Actual results
(B)
178,428
21,738
24,109
15,904
74.60
Change
(B-A)
△19,571
1,738
4,109
4,904
Change
(%)
△9.9
8.7
20.5
44.6
FY2022 results for same period
157,070
16,717
19,448
9,253
43.41
2. Reason for the differences
Operating income, ordinary income and net income attributable to owners of the parent company increased compared to previous guidance due to steady growth in major businesses centered on the carbon black, increase in foreign exchange gains and decrease in deductions net income attributable to non-controlling interests.
The consolidated forecast for FY2023 is not change from previous guidance.
(End of the release)
Attachments
Original Link
Original Document
Permalink
Disclaimer
Tokai Carbon Co. Ltd. published this content on 08 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2023 06:04:36 UTC.
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. 
