Prices as of 2026/10/30 close
Company comparison · Cement & Carbon Products
Toyo Tanso is the bigger company, with revenue of ¥46.2B — 1.2x Nippon Carbon's ¥37.7B.
Toyo Tanso earns more on each yen of sales, with an operating margin of 14.6% — 1.9 points above Nippon Carbon (12.7%).
Revenue growth in the latest results: Nippon Carbon −0.6%, Toyo Tanso −13.0%. For next year, Toyo Tanso guides for the fastest operating profit growth (−8.3%).
Nippon Carbon pays more on average — ¥7.92M against ¥7.25M at Toyo Tanso.
Over the past year the shares moved Toyo Tanso +39.4%, Nippon Carbon +14.1%.
Head-to-head wins17 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
Toyo Tanso aheadToyo Tanso 3 : Nippon Carbon 0
Revenue: Toyo Tanso ¥46.2B / Nippon Carbon ¥37.7B
ProfitabilityInvestors
Nippon Carbon aheadToyo Tanso 1 : Nippon Carbon 3
Operating margin: Toyo Tanso 14.6% / Nippon Carbon 12.7%
GrowthInvestors
Nippon Carbon aheadToyo Tanso 1 : Nippon Carbon 3
Revenue growth (YoY): Toyo Tanso −13.0% / Nippon Carbon −0.6%
Stock & balance sheetInvestors
Toyo Tanso aheadToyo Tanso 3 : Nippon Carbon 0
Share price, 1 year: Toyo Tanso +39.4% / Nippon Carbon +14.1%
Pay & workforceJob seekers
Nippon Carbon aheadToyo Tanso 1 : Nippon Carbon 2
Average salary: Toyo Tanso ¥7.25M / Nippon Carbon ¥7.92M
| Metric | Toyo Tanso | Nippon Carbon | Gap |
|---|---|---|---|
| Revenue | ◎¥46.2B | ¥37.7B | 1.2x |
| Operating profit | ◎¥6.8B | ¥4.8B | 1.4x |
| Net income | ◎¥5.5B | ¥4.8B | 1.1x |
| Metric | Toyo Tanso | Nippon Carbon | Gap |
|---|---|---|---|
| Operating margin | ◎14.6% | 12.7% | 1.9pt |
| Net margin | 11.8% | ◎12.8% | 1.0pt |
| ROE | 5.7% | ◎9.1% | 3.4pt |
| Revenue per employee | ¥47M | ◎¥202M | 4.3x |
| Metric | Toyo Tanso | Nippon Carbon | Gap |
|---|---|---|---|
| Revenue growth (YoY) | −13.0% | ◎−0.6% | 12.4pt |
| Operating profit growth (YoY) | −44.8% | ◎−23.9% | 20.9pt |
| Guidance: revenue growthnext FY plan | +6.1% | ◎+8.7% | 2.6pt |
| Guidance: op. profit growthnext FY plan | ◎−8.3% | −10.6% | 2.3pt |
| Metric | Toyo Tanso | Nippon Carbon | Gap |
|---|---|---|---|
| Share price, 1 year | ◎+39.4% | +14.1% | 25.3pt |
| Share price, 3 months | ◎+6.9% | +4.0% | 2.9pt |
| P/E (trailing)lower = cheaper | 24.9x | 11.2x | |
| Equity ratio | ◎82.7% | 74.3% | 8.4pt |
| Share price (close) | ¥6,490 | ¥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 | Toyo Tanso | Nippon Carbon | Gap |
|---|---|---|---|
| Average salary | ¥7.25M | ◎¥7.92M | ¥0.67M |
| Starting salary (monthly) | ◎¥275,500 | ¥243,650 | ¥31,850 |
| Average tenure | 15.2 yrs | ◎16.4 yrs | 1.2 |
| Average age | 40.9 | 42.6 | 1.7 |
| Employees | 976 | 187 | 5.2x |
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)
¥6,490+39.4% (1Y)
Toyo Tanso +39.4% over 1Y. Compared: 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.
AAverage annual salary from the securities filings: Nippon Carbon ¥7.92M, Toyo Tanso ¥7.25M. Nippon Carbon pays the most. Averages also depend on staff age and job mix, so check the average age too (Toyo Tanso 40.9, Nippon Carbon 42.6).
ARevenue in the latest results: Toyo Tanso ¥46.2B, Nippon Carbon ¥37.7B. Toyo Tanso is the bigger company, with revenue of ¥46.2B — 1.2x Nippon Carbon's ¥37.7B.
AOperating margins: Toyo Tanso 14.6%, Nippon Carbon 12.7%. Toyo Tanso turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Toyo Tanso +39.4%, Nippon Carbon +14.1%. Toyo Tanso 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.
