Tokai Carbon Co., Ltd. revised consolidated earnings guidance for the full fiscal year ending December 31, 2023. For the full year, the company now expects net sales to be JPY 363,000 million, operating income to be JPY 34,000 million, net income attributable to owners of the parent company to be JPY 20,000 million and net income per share to be JPY 93.80 against previous guidance of net sales to be JPY 410,000 million, operating income to be JPY 45,000 million, net income attributable to owners of the parent company to be JPY 26,000 million and net income per share to be JPY 121.95.