Tōkai Carbon (5301) Stock Price, Fundamentals & Analysis

What 5301 does

Tōkai Carbon (5301) is a stock listed on the Tokyo Stock Exchange stocks page, in the Basic Materials sector and the Specialty Chemicals industry. The company manufactures and sells carbon-related products in Japan. Its main offerings include graphite electrodes used in electric furnaces, such as direct current, alternating current, and refining furnaces, as well as carbon black varieties like SEAST, TOKABLACK, Aqua Black, and Thermax black, which are used to reinforce rubber in tires and as a black pigment in various products. Tōkai Carbon also provides fine carbon products, including special graphite products such as isotropic graphite G/HK series, extruded graphite, SiC coated carbon, C/C composite, glassy carbon, solid SiC, carbon brushes, and resin-impregnated graphite products, along with furnace materials for silicon semiconductor, solar cell manufacturing, and other applications. In addition, the company produces industrial furnaces and related products, such as silicon carbide heating elements, resistors, recryte SiC structural materials, and industrial furnaces for heat treatment of ceramics, electronic components, metals, and glass.

Key numbers explained

• The current price is 2,289.5 JPY, up 0.73% today.
• The trailing P/E ratio of 25.8 shows how much investors pay per unit of recent earnings; a higher number can reflect higher growth expectations.
• The forward P/E ratio of 26.2 uses expected future earnings, offering a view of valuation based on what analysts anticipate.
• The dividend yield of 1.75% indicates the annual dividend as a percentage of the current price.
• The exDividendDate is Dec 29, 2026; buying before this date is typically required to receive the next dividend.
• A beta of 0.72 suggests the stock tends to move less than the overall market.
• The priceToBook ratio of 1.44 compares the market price to the company's book value per share.
• The debt-to-equity ratio of 61% shows the proportion of debt relative to shareholders' equity.

What to watch

Investors tracking Tōkai Carbon may look at how its earnings and revenue evolve relative to peers such as Mitsubishi Materials (5711), DIC (4631), Sumitomo Chemical (4005), Resonac (4004), Nissan Chemical Industries (4021), and Mitsubishi Chemical Holdings (4188). The company's exposure to industrial cycles, raw material costs, and demand from sectors like tires, semiconductors, and solar cells can influence its performance. The upcoming earnings release on Nov 5, 2026 is a key date for updated financial results.