Prices as of 2026/10/30 close
Company comparison · Cement & Carbon Products
Tokai Carbon is the bigger company, with revenue of ¥323.0B — 1.3x Nichias's ¥251.9B.
Nichias earns more on each yen of sales, with an operating margin of 14.7% — 6.7 points above Tokai Carbon (8.0%).
Revenue growth in the latest results: Nichias −1.8%, Tokai Carbon −7.8%. For next year, Nichias guides for the fastest operating profit growth (+21.6%).
Tokai Carbon pays more on average — ¥7.47M against ¥7.29M at Nichias.
Over the past year the shares moved Tokai Carbon +87.7%, Nichias +72.7%.
Head-to-head wins16 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
Nichias aheadTokai Carbon 1 : Nichias 2
Revenue: Tokai Carbon ¥323.0B / Nichias ¥251.9B
ProfitabilityInvestors
Nichias aheadTokai Carbon 1 : Nichias 2
Operating margin: Tokai Carbon 8.0% / Nichias 14.7%
GrowthInvestors
Tokai Carbon aheadTokai Carbon 3 : Nichias 2
Revenue growth (YoY): Tokai Carbon −7.8% / Nichias −1.8%
Stock & balance sheetInvestors
Tokai Carbon aheadTokai Carbon 2 : Nichias 0
Share price, 1 year: Tokai Carbon +87.7% / Nichias +72.7%
Pay & workforceJob seekers
Tokai Carbon aheadTokai Carbon 2 : Nichias 1
Average salary: Tokai Carbon ¥7.47M / Nichias ¥7.29M
| Metric | Tokai Carbon | Nichias | Gap |
|---|---|---|---|
| Revenue | ◎¥323.0B | ¥251.9B | 1.3x |
| Operating profit | ¥25.9B | ◎¥37.0B | 1.4x |
| Net income | ¥20.1B | ◎¥31.6B | 1.6x |
| Metric | Tokai Carbon | Nichias | Gap |
|---|---|---|---|
| Operating margin | 8.0% | ◎14.7% | 6.7pt |
| Net margin | 6.2% | ◎12.6% | 6.3pt |
| ROE | 6.6% | — | |
| Revenue per employee | ◎¥413M | ¥134M | 3.1x |
| Metric | Tokai Carbon | Nichias | Gap |
|---|---|---|---|
| Revenue growth (YoY) | −7.8% | ◎−1.8% | 6.0pt |
| Operating profit growth (YoY) | ◎+33.3% | −6.8% | 40.1pt |
| Revenue CAGRlast 4 years | ◎+5.7% | +5.1% | 0.6pt |
| Guidance: revenue growthnext FY plan | ◎+7.4% | +7.2% | 0.2pt |
| Guidance: op. profit growthnext FY plan | +0.6% | ◎+21.6% | 21.0pt |
| Metric | Tokai Carbon | Nichias | Gap |
|---|---|---|---|
| Share price, 1 year | ◎+87.7% | +72.7% | 15.0pt |
| Share price, 3 months | ◎+26.0% | +3.7% | 22.4pt |
| P/E (trailing)lower = cheaper | 20.5x | — | |
| Equity ratio | 53.1% | — | |
| Share price (close) | ¥1,926 | ¥3,304 |
◎ 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 | Tokai Carbon | Nichias | Gap |
|---|---|---|---|
| Average salary | ◎¥7.47M | ¥7.29M | ¥0.18M |
| Starting salary (monthly) | ¥262,000 | ◎¥265,000 | ¥3,000 |
| Average tenure | ◎15.8 yrs | 14.0 yrs | 1.8 |
| Average age | 42.8 | 40.9 | 1.9 |
| Employees | 782 | 1,886 | 2.4x |
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)
¥1,926+87.7% (1Y)
Tokai Carbon +87.7% over 1Y. Compared: Nichias +72.7%.
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.
Tokai Carbon5 segments
Nichias5 segments
AAverage annual salary from the securities filings: Tokai Carbon ¥7.47M, Nichias ¥7.29M. Tokai Carbon pays the most. Averages also depend on staff age and job mix, so check the average age too (Tokai Carbon 42.8, Nichias 40.9).
ARevenue in the latest results: Tokai Carbon ¥323.0B, Nichias ¥251.9B. Tokai Carbon is the bigger company, with revenue of ¥323.0B — 1.3x Nichias's ¥251.9B.
AOperating margins: Nichias 14.7%, 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%. Tokai Carbon has risen the most.

Comparing 2 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.