Nippon Carbon Co.,Ltd.

5302・Prime Market・Glass & Ceramics Products

Official website

Nippon Carbon Co.,Ltd.

5302・Prime Market・Glass & Ceramics Products

Official website

Nippon Carbon Co.,Ltd.5302

Reference Indicators

Market Cap

554¥100M

P/E (Forecast)

—

P/B

1.0x

Dividend Yield (Forecast)

4.27%

ROE

9.1%

EV/EBITDA

6.1x

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	31,578	35,799	37,867	37,956	37,735
Cost of Sales	23,539	25,950	26,016	26,471	27,477
Gross Profit	8,038	9,849	11,850	11,485	10,257
SG&A Expenses	4,332	5,058	5,276	5,165	5,448
Operating Income	3,706	4,791	6,573	6,319	4,809
Non-operating Income	1,092	840	879	766	843
Non-operating Expenses	363	589	337	393	549
Ordinary Income	4,434	5,042	7,115	6,692	5,103
Extraordinary Income	179	183	22	203	3,530
Extraordinary Losses	182	—	158	—	803
Pre-tax Income	4,431	5,225	6,979	6,895	7,829
Income Taxes	1,370	1,579	2,232	2,093	2,441
Net Income	2,729	3,194	4,050	4,078	4,830
EBITDA	6,091	7,275	9,239	9,305	8,343
Gross Margin	25.5%	27.5%	31.3%	30.3%	27.2%
Operating Margin	11.7%	13.4%	17.4%	16.6%	12.7%
ROA	3.8%	4.3%	5.2%	5.0%	5.6%
ROE	6.1%	7.1%	8.5%	8.0%	9.1%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
その他	1,209	330	27.3%
炭素製品関連	32,397	2,990	9.2%
炭化けい素製品関連	4,128	1,479	35.8%