TOKYO RADIATOR MFG. CO., LTD. Business Report FY2007

Business Highlights

Financial overview (in millions of JPY)
  FY2007 FY2006 Rate of Change (%) Factors
Sales 32,432 27,486 18.0 -Sales rose because the Company supplied a greater volume of products, especially EGR coolers.
Operating income 2,086 2,256 (7.6) -
Income from ordinary business activities 2,106 2,250 (6.4) -
Current net profit  1,320 2,348 (43.8) -


R&D Expenses
-The total amount of R&D spending during FY2007, which ended Mar. 31, 2008, was 147 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.

Exported Technology Contracts (As of March 2008)
Company name Contract signed on Contract period

Thai Radiator MFG, Co., Ltd. (Thailand)

Manufacturing technology for radiators and fuel tanks

May 1, 1982 - Apr. 30, 2008

PT.Selamat Sempurna

Manufacturing technology for radiators and fuel tanks

Apr. 11, 1979 - Apr. 10, 2008

Investment Activities

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 712 Apr. 2008 Mar. 2009 -
Wuxi TRS Heat Exchanger Co., Ltd. Wuxi, China Manufacturing facility for heat exchangers 648 Jun. 2008 Dec. 2009 35,000 units per month