Tokai Carbon Co., Ltd. (TYO: 5301)

Tokai Carbon Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	354,930	363,946	340,371	258,874	201,542	262,028
Revenue Growth (YoY)	-1.88%	6.93%	31.48%	28.45%	-23.08%	13.28%
Cost of Revenue	268,646	265,218	246,318	188,142	151,987	169,188
Gross Profit	86,284	98,728	94,053	70,732	49,555	92,840
Selling, General & Admin	44,857	42,763	37,663	31,397	25,320	27,425
Research & Development	-	-	-	-	2,660	2,425
Operating Expenses	62,092	59,998	53,463	46,085	41,696	38,495
Operating Income	24,192	38,730	40,590	24,647	7,859	54,345
Interest Expense	-1,768	-1,565	-1,042	-1,043	-952	-536
Interest & Investment Income	2,367	2,115	1,344	874	728	847
Earnings From Equity Investments	644	427	332	112	124	123
Currency Exchange Gain (Loss)	-91	2,275	2,162	657	-282	-344
Other Non Operating Income (Expenses)	-676	-377	-866	-479	-1,215	-1,449
EBT Excluding Unusual Items	24,668	41,605	42,520	24,768	6,262	52,986
Gain (Loss) on Sale of Investments	435	386	268	29	-	23
Gain (Loss) on Sale of Assets	27	175	88	211	768	53
Asset Writedown	-92	-170	-624	-489	-643	-1,890
Other Unusual Items	-	-	-142	-1,166	-272	53
Pretax Income	25,038	41,996	42,110	23,353	6,115	51,225
Income Tax Expense	11,866	13,243	14,782	3,248	2,283	17,175
Earnings From Continuing Operations	13,172	28,753	27,328	20,105	3,832	34,050
Minority Interest in Earnings	-3,495	-3,285	-4,910	-4,000	-2,813	-2,056
Net Income	9,677	25,468	22,418	16,105	1,019	31,994
Net Income to Common	9,677	25,468	22,418	16,105	1,019	31,994
Net Income Growth	-65.03%	13.61%	39.20%	1480.47%	-96.82%	-56.76%
Shares Outstanding (Basic)	213	213	213	213	213	213
Shares Outstanding (Diluted)	213	213	213	213	213	213
Shares Change (YoY)	0.13%	0.01%	0.01%	0.01%	0.01%	-0.00%
EPS (Basic)	45.37	119.45	105.16	75.55	4.78	150.10
EPS (Diluted)	45.37	119.45	105.16	75.55	4.78	150.10
EPS Growth	-65.04%	13.60%	39.19%	1480.38%	-96.82%	-56.76%
Free Cash Flow	-	16,712	-2,784	9,117	28,183	17,680
Free Cash Flow Per Share	-	78.38	-13.06	42.77	132.21	82.95
Dividend Per Share	33.000	36.000	30.000	30.000	30.000	48.000
Dividend Growth	0%	20.00%	0%	0%	-37.50%	140.00%
Gross Margin	-	27.13%	27.63%	27.32%	24.59%	35.43%
Operating Margin	6.82%	10.64%	11.93%	9.52%	3.90%	20.74%
Profit Margin	2.73%	7.00%	6.59%	6.22%	0.51%	12.21%
Free Cash Flow Margin	-	4.59%	-0.82%	3.52%	13.98%	6.75%
EBITDA	63,091	75,950	75,572	54,518	35,261	77,053
EBITDA Margin	-	20.87%	22.20%	21.06%	17.50%	29.41%
D&A For EBITDA	38,899	37,220	34,982	29,871	27,402	22,708
EBIT	24,192	38,730	40,590	24,647	7,859	54,345
EBIT Margin	-	10.64%	11.93%	9.52%	3.90%	20.74%
Effective Tax Rate	-	31.53%	35.10%	13.91%	37.33%	33.53%

Source: S&P Capital IQ. Standard template. Financial Sources.