Prices as of 2026/10/30 close
Company comparison · Cement & Carbon Products
Taiheiyo Cement is the largest by revenue at ¥898.4B, followed by Tokai Carbon (¥323.0B), Nichias (¥251.9B) and Nippon Carbon (¥37.7B).
Nichias has the highest operating margin at 14.7%, 6.7 points above the lowest, Tokai Carbon (8.0%).
Revenue growth in the latest results: Taiheiyo Cement +0.2%, Nippon Carbon −0.6%, Nichias −1.8%, Tokai Carbon −7.8%. For next year, Nichias guides for the fastest operating profit growth (+21.6%).
Nippon Carbon pays the most on average (¥7.92M), ¥0.63M more than Nichias (¥7.29M).
Over the past year the shares moved Tokai Carbon +87.7%, Nichias +72.7%, Nippon Carbon +14.1%, Taiheiyo Cement +1.4%.
Head-to-head wins18 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Taiheiyo Cement aheadTaiheiyo Cement 2 : Tokai Carbon 0 : Nichias 1 : Nippon Carbon 0
Revenue: Taiheiyo Cement ¥898.4B / Tokai Carbon ¥323.0B / Nichias ¥251.9B / Nippon Carbon ¥37.7B
ProfitabilityInvestors
Nippon Carbon aheadTaiheiyo Cement 1 : Tokai Carbon 0 : Nichias 1 : Nippon Carbon 2
Operating margin: Taiheiyo Cement 8.3% / Tokai Carbon 8.0% / Nichias 14.7% / Nippon Carbon 12.7%
GrowthInvestors
EvenTaiheiyo Cement 2 : Tokai Carbon 2 : Nichias 1 : Nippon Carbon 0
Revenue growth (YoY): Taiheiyo Cement +0.2% / Tokai Carbon −7.8% / Nichias −1.8% / Nippon Carbon −0.6%
Stock & balance sheetInvestors
Tokai Carbon aheadTaiheiyo Cement 0 : Tokai Carbon 2 : Nichias 0 : Nippon Carbon 1
Share price, 1 year: Taiheiyo Cement +1.4% / Tokai Carbon +87.7% / Nichias +72.7% / Nippon Carbon +14.1%
Pay & workforceJob seekers
Taiheiyo Cement aheadTaiheiyo Cement 2 : Tokai Carbon 0 : Nichias 0 : Nippon Carbon 1
Average salary: Taiheiyo Cement ¥7.64M / Tokai Carbon ¥7.47M / Nichias ¥7.29M / Nippon Carbon ¥7.92M
| Metric | Taiheiyo Cement | Tokai Carbon | Nichias | Nippon Carbon |
|---|---|---|---|---|
| Revenue | ◎¥898.4B | ¥323.0B | ¥251.9B | ¥37.7B |
| Operating profit | ◎¥74.6B | ¥25.9B | ¥37.0B | ¥4.8B |
| Net income | ¥25.4B | ¥20.1B | ◎¥31.6B | ¥4.8B |
| Metric | Taiheiyo Cement | Tokai Carbon | Nichias | Nippon Carbon |
|---|---|---|---|---|
| Operating margin | 8.3% | 8.0% | ◎14.7% | 12.7% |
| Net margin | 2.8% | 6.2% | 12.6% | ◎12.8% |
| ROE | — | 6.6% | — | ◎9.1% |
| Revenue per employee | ◎¥518M | ¥413M | ¥134M | ¥202M |
| Metric | Taiheiyo Cement | Tokai Carbon | Nichias | Nippon Carbon |
|---|---|---|---|---|
| Revenue growth (YoY) | ◎+0.2% | −7.8% | −1.8% | −0.6% |
| Operating profit growth (YoY) | −4.0% | ◎+33.3% | −6.8% | −23.9% |
| Revenue CAGRlast 5 years | +0.8% | ◎+5.7% | +5.1% | — |
| Guidance: revenue growthnext FY plan | ◎+14.3% | +7.4% | +7.2% | +8.7% |
| Guidance: op. profit growthnext FY plan | +1.8% | +0.6% | ◎+21.6% | −10.6% |
| Metric | Taiheiyo Cement | Tokai Carbon | Nichias | Nippon Carbon |
|---|---|---|---|---|
| Share price, 1 year | +1.4% | ◎+87.7% | +72.7% | +14.1% |
| Share price, 3 months | +1.4% | ◎+26.0% | +3.7% | +4.0% |
| P/E (trailing)lower = cheaper | — | 20.5x | — | 11.2x |
| Equity ratio | — | 53.1% | — | ◎74.3% |
| Share price (close) | ¥4,231 | ¥1,926 | ¥3,304 | ¥4,885 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Taiheiyo Cement | Tokai Carbon | Nichias | Nippon Carbon |
|---|---|---|---|---|
| Average salary | ¥7.64M | ¥7.47M | ¥7.29M | ◎¥7.92M |
| Starting salary (monthly) | ◎¥300,000 | ¥262,000 | ¥265,000 | ¥243,650 |
| Average tenure | ◎17.3 yrs | 15.8 yrs | 14.0 yrs | 16.4 yrs |
| Average age | 39.8 | 42.8 | 40.9 | 42.6 |
| Employees | 1,733 | 782 | 1,886 | 187 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥4,231+1.4% (1Y)
Taiheiyo Cement +1.4% over 1Y. Compared: Tokai Carbon +87.7%, Nichias +72.7%, Nippon Carbon +14.1%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Taiheiyo Cement4 segments
Tokai Carbon5 segments
Nichias5 segments
Nippon Carbon3 segments
AAverage annual salary from the securities filings: Nippon Carbon ¥7.92M, Taiheiyo Cement ¥7.64M, Tokai Carbon ¥7.47M, Nichias ¥7.29M. Nippon Carbon pays the most. Averages also depend on staff age and job mix, so check the average age too (Taiheiyo Cement 39.8, Tokai Carbon 42.8, Nichias 40.9, Nippon Carbon 42.6).
ARevenue in the latest results: Taiheiyo Cement ¥898.4B, Tokai Carbon ¥323.0B, Nichias ¥251.9B, Nippon Carbon ¥37.7B. Taiheiyo Cement is the largest by revenue at ¥898.4B, followed by Tokai Carbon (¥323.0B), Nichias (¥251.9B) and Nippon Carbon (¥37.7B).
AOperating margins: Nichias 14.7%, Nippon Carbon 12.7%, Taiheiyo Cement 8.3%, Tokai Carbon 8.0%. Nichias turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Tokai Carbon +87.7%, Nichias +72.7%, Nippon Carbon +14.1%, Taiheiyo Cement +1.4%. Tokai Carbon has risen the most.
Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.
