Tokai Carbon in a New Era Hajime NagasakaPresident & CEOMessage from the PresidentTokai Carbon, a pioneer of Japan’s carbon industry, was founded in 1918. Under our basic philosophy of “Ties of Reliability,” we supply carbon products to the steel, chemical, automobile, and other industry sectors.Under our Medium-Term Management Plan T-2018, we began by implementing structural reforms in fiscal year 2016. These reforms consisted of changes to our internal mindset and a business restructuring, both of which were carried out as planned, to produce a more muscular profit structure. In 2017, we shifted our focus to our growth strategy. During this phase, we undertook strategic investments totaling JPY 59.7 billion in M&A initiatives in three of our businesses - graphite electrodes, carbon black, and fine carbon - and greatly expanded our operations. The added effect of a dramatic turnaround in conditions mainly in the graphite electrode business enabled us to greatly exceed our T-2018 performance targets. For the fiscal year under review, our consolidated performance consisted of net sales of JPY 231.3 billion (up 117.7% year on year), operating income of JPY 75.2 billion (up 578.6%), and net income attributable to owners of the parent company of JPY 73.9 billion (up 499.4%). Regarding ROS, a key performance indicator, we exceeded our 2018 target of 8% or greater in 2017, and achieved a result of 32.5% for 2018.Results Far Exceeding Plans13TOKAI CARBON ANNUAL REPORT 2018Business ReportSustainability ReportFinancial ReportData SectionVision and Strategy
元のページ ../index.html#13