TOKYO RADIATOR MFG. CO., LTD. Business Report FY2006

Business Highlights

Financial overview

In million JPY FY2006 FY2005 Rate of Change (%) Factors
Sales 27,486 23,853 15.2 -
Operating income 2,256 2,499 (9.7)
Income from ordinary business activities 2,250 2,447 (8.0)
Current net profit  2,348 1,332 76.3 -The current net profit was realized due to a gain on the disposal of fixed assets
Manufacturing Business
Sales 26,394 22,773 15.9 -Sales increased, thanks to expanded sales of heat exchangers including EGR coolers, radiators and intercoolers.
Operating income 1,762 2,022 (12.9) -Cost reduction initiatives were not enough to cover a sharp rise in materials prices and other negative factors.


R&D Expenses
-Total amount of R&D spending during FY2006 (ended Mar. 2007) was 118 million yen.

R&D Achievements
-Succeeded to make EGR air-conditioners and inter-air conditioners, which play an important role in reducing exhaust emissions and have greater functions, higher reliability and lower costs.
-Succeeded in mass-producing SCR tanks (urea tanks) for the first time in the world.

Company name Contract signed on Contract period
Exported Technology Contracts (as of March 2007)


Manufacturing technology for radiators and fuel tanks

May 1, 1982 - Apr. 30, 2007


Manufacturing technology for radiators and fuel tanks

Apr. 11, 1979 - Apr. 10, 2007

WUXI TRS HEAT EXCHANGER CO., LTD. Manufacturing technology for EGR coolers and their components June 1, 2005 - May 30, 2007

Investment Activities

Total capital investment for FY2006 that ended Mar. 2007 was 2,246million JPY.
In the manufacturing business the Company invested to install new production facilities for radiators and EGR coolers, as well as to renovate, renew and improve the productivity of existing facilities. 

New facilities
Company name Location Purpose Planned investment - in million JPY- Starting Month Completing Month Capacity increase on completion
Tokyo Radiator Manufacturing. Co., Ltd. Kanagawa Pref. Japan Installation and renewal of stamping dies 510.4 Apr., 2007 Mar. ,2008 -
Tokyo Radiator Manufacturing Co., Ltd. Kanagawa Pref. Japan Manufacturing facility for heat exchangers 167.3 Apr., 2007 Mar. ,2008 1,000 units per month
Chongqing Tokyo Radiator Co., Ltd. Chongqing, China Manufacturing facility for heat exchangers 285.2 Jun., 2007 Dec. ,2007 8,000 units per month