Structural reforms to Tokai Carbon Co. Ltd.’s (TYO:5301) carbon black business are going exactly as planned, President Hajime Nagasaka said recently when speaking on the progress of the company’s T-2018 mid-term management plan. In order to undertake an overhaul of Tokai Carbon’s business foundations, the company is using T-2018 to structurally reform its carbon black, fine carbon and electrode businesses….
