Tokyo Radiator MFG. Co., Ltd. Business Report FY2008
|Financial Overview||(in millions of JPY)|
|FY2008||FY2007||Rate of Change (%)||Factors|
|Sales||24,843||32,432||(23.4)||-Production decreased in response to inventory adjustments made by automakers, the Company's major customers.|
|Income from ordinary business activities||443||2,106||(79.0)||-|
|Current net profit||143||1,320||(89.1)||-|
|R&D Expenditure||(in millions of JPY)|
-The Company succeeded in developing EGR coolers that meet regulatory requirements necessitating lower diesel engine emissions and higher fuel economy. And in addition, the Company also developed intercoolers that offer improved functionality and reliability but at a lower cost.
-Succeeded in mass-producing SCR tanks (urea tanks) for the first time in the world.
Exported Technology Contracts (As of Mar. 2009)
|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, 2009
| PT. Selamat Sempurna
|Manufacturing technology for radiators and fuel tanks|| Apr. 11, 1979 -
Apr. 10, 2009
|Capital Investment||(in millions of JPY)|
-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 (As of Mar. 2009)
|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 upgrading of stamping dies||423||Apr. 2009||Mar. 2010||-|
|Wuxi TRS Heat Exchanger Co., Ltd.||Wuxi, China||Installing and upgrading equipment at manufacturing facility producing heat exchangers.||377||Jun. 2009||June, 2009||35,000 units per month|