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Producer Manufacturing

T. RAD Co., Ltd.

Business Summary

T. RAD Co., Ltd. engages in the manufacture and sale of heat exchangers for automobiles, construction and industrial machinery, air conditioning equipment, and generators. It operates through the following geographical segments: United States, Europe, Asia, China, and Others (Japan). It also offers automotive and other mechanical parts, and involves in the research and development of environment-related equipment. The company was founded on November 11, 1936 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue113,046M1,065.89M
Gross Profit11,728M110.58M
Operating income1,265M11.92M
Income before tax51M0.48M
Net income-1,238M-11.67M
EBITDA7,784M73.39M
Diluted EPS-171.53-1.61
Dividends Per Share00
Total Assets86,800M785.52M
Total liabilities43,579M394.38M
Total equity41,049M371.48M
Operating cash flow7,475M70.48M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 107,608M 124,490M 136,125M 130,524M 113,046M
Gross Profit 12,909M 17,126M 16,941M 14,535M 11,728M
Operating income 3,217M 5,794M 5,093M 2,844M 1,265M
Income before tax 2,817M 5,567M 3,830M 3,747M 51M
Net income 2,023M 3,692M 1,736M 1,436M -1,238M
EBITDA 8,939M 11,433M 11,590M 9,199M 7,784M
Diluted EPS 252.62 463.69 217.99 194.18 -171.53
Dividends Per Share 60 90 90 90 0
Total Assets 79,213M 93,320M 92,929M 88,493M 86,800M
Total liabilities 36,824M 46,678M 46,755M 43,643M 43,579M
Total equity 41,485M 44,862M 44,072M 42,590M 41,049M
Operating cash flow 6,693M 9,202M 8,558M 3,093M 7,475M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 993.72M 1,123.22M 1,227.51M 1,200.48M 1,065.89M
Gross Profit 119.21M 154.52M 152.76M 133.68M 110.58M
Operating income 29.70M 52.27M 45.92M 26.15M 11.92M
Income before tax 26.01M 50.22M 34.53M 34.46M 0.48M
Net income 18.68M 33.31M 15.65M 13.20M -11.67M
EBITDA 82.54M 103.15M 104.51M 84.60M 73.39M
Diluted EPS 2.33 4.18 1.96 1.78 -1.61
Dividends Per Share 0.55 0.81 0.81 0.82 0
Total Assets 710.87M 877.47M 839.58M 819.72M 785.52M
Total liabilities 330.46M 438.90M 422.41M 404.27M 394.38M
Total equity 372.29M 421.83M 398.17M 394.51M 371.48M
Operating cash flow 61.80M 83.02M 77.17M 28.44M 70.48M

Valuation Measures

Mar 2021
PER--
ROA-1.41%
ROE-2.96%
Operating margin1.11%
Profit margin-1.09%

Key executives

  • President & Representative Director: Tomio Miyazaki
  • Director, Head-Finance & Accounting: Norio Kanai
  • Director, Head-Technology & Quality: Yoshitaka Momose
  • Executive Officer: Yasushi Hotta
  • Executive Officer & Manager-Personnel: Tsuneo Tamura

Shareholders

  • T. RAD Co., Ltd. (14.9%)
  • MIYAZAKI TOMIO (11.4%)
  • T. RAD Business Association (4.3%)
  • Mizuho Bank Pension Fund (4.2%)
  • Mizuho Financial Group, Inc. (4.2%)
  • Dimensional Fund Advisors LP (2.9%)
  • Meiji Yasuda Life Insurance Co. (2.2%)
  • Sumitomo Mitsui Trust Holdings, Inc. (2.2%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.1%)

Contact Details

  • Website:http://www.trad.co.jp
  • Address: Aioi Nissay Dowa Sompo Shinjuku Bldg, 3-25-3 Yoyogi, Tokyo, 151-0053, Japan
  • Phone: +81.3.3373.1101

Related Companies

  • T.RAD Restricted Stock Compensation Plan
  • T. RAD (Vietnam) Co. Ltd.
  • T.RAD (Thailand) Co. Ltd.
  • Qingdao Toyo Heat-Exchanger Co. Ltd.
  • T.RAD(Changshu) Co., Ltd.
  • T.RAD(Zhongshan) Co., Ltd.
  • Towa Kosan Co., Ltd.
  • PT T. RAD Indonesia
  • TRM Corp. BV
  • T.RAD Czech sro
  • T.RAD North America, Inc.
  • T. RAD Business Association

Competitors

  • Modine Manufacturing Company
Last Updated on 28 Sep, 2021

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