Tokai Carbon traded at 1,600.00 this Monday May 18th, increasing 70.00 or 4.58 percent since the previous trading session. Looking back, over the last four weeks, Tokai Carbon gained 52.38 percent. Over the last 12 months, its price rose by 60.11 percent. Looking ahead, we forecast Tokai Carbon to be priced at 1,469.11 by the end of this quarter and at 1,300.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
TOKAI CARBON CO., LTD. is a Japan-based company engaged in the manufacture and sale of carbon products. The Company operates in four business segments. The Carbon Black segment is engaged in the manufacture and sale of carbon black for rubber products, black pigments and conductive use. The Graphite Electrode segment is engaged in the manufacture and sale of graphite electrode for electrical steel furnaces. The Fine Carbon segment is engaged in the manufacture and sale of fine carbon, electric brushes and others. The Industrial Furnace and Related Products segment is engaged in the manufacture and sale of industrial electric furnaces, gas furnaces, silicon carbide heating elements, ceramic resistors, among others. The Company is also engaged in the manufacture and sale of friction materials, the leasing of real estate, the development and sale of computer software and the operation of golf practice centers.