Tokyo Radiator Mfg. Co., Ltd.
Company Profile
■URL
http://www.tokyo-radiator.co.jp/entop/
■Address
Business Overview
-A heat exchanger manufacturer under the umbrella of Marelli Corporation (Formerly Calsonic Kansei Corporation).
-Mainly produces radiators and EGR coolers for trucks.
Business Highlights
-The Company’s financial results for the fiscal year that ended in March 2020 are as follows.
Consolidated sales: JPY 28.8 billion (4.3% decrease year-over-year)
Operating income: JPY 716 million (50.2% decrease year-over-year)
Ordinary income: JPY 863 million (45.9% decrease year-over-year)
Current net profit attributable to the parent-company’s shareholders: JPY 90 million (91.9% decrease year-over-year). Sales significantly decreased for the year because of tax increases, typhoons, and the coronavirus.
Shareholders
| -Listed on second section of Tokyo Stock Exchange. | (As of Mar. 31, 2020) |
| Company name | Investment Ratio (%) |
| Marelli Corporation (Formerly Calsonic Kansei Corporation) | 40.10 |
| MSIP CLIENT SECURITIES | 4.97 |
| Isuzu Motor Ltd. | 4.69 |
| The Tachibana Securities Co., Ltd. | 4.18 |
| AVI JAPAN OPPORTUNITY TRUST PLC | 4.06 |
| Yamazaki Kinzoku Sangyo | 3.64 |
| Sato Shoji Co., Ltd. | 3.48 |
| STATE STREET BANK AND TRUST COMPANY 505224 | 2.95 |
| The Master Trust Bank of Japan ,Ltd. | 2.37 |
| Mizuho Bank, Ltd. | 2.08 |
| Total | 72.56 |
Products
Heat exchangers
-Radiators
-EGR coolers
-Oil coolers
-Inter coolers
-Cooling modules for trucks
Body parts
-Oil pans
-Fuel tanks
-SCR - Selective Catalytic Reduction tanks
-Sub tanks
History
| Oct. 1938 | Established as Tokyo Radiator Manufacturing Co., Ltd.in Shiba-ku, Tokyo. |
| Nov. 1938 | Acquired Nishimura Radiator Seisakusho and Nihon Bankin Kogyo. |
| Sep. 1946 | Head office moved to Kawasaki City. |
| Oct. 1961 | Listed on the Second Section of the Tokyo Stock Exchange. |
| Dec. 1991 | Launched real estate leasing business. "Talkpia Kawasaki" completed. |
| Sep. 1995 | Established TorkPia Service Co., Ltd. (currently a consolidated subsidiary). |
| Dec. 1995 | Entered into a technology assistance agreement with Calsonic for the development and production of aluminum radiators. |
| Jul. 1999 | Established a subsidiary, Chongqing Tokyo Radiator Co., Ltd. in Chongqing city, China. |
| Sep. 1999 | Closed the Kanuma Plant and concentrated its production facilities in the Fujisawa Plant |
| Jul. 2000 | Moved the headquarters to a new address at 2002-1, Endo, Fujisawa-city, Kanagawa |
| Apr. 2004 | Established a local consolidated subsidiary Wuxi TRS Heat Exchanger Co., Ltd. in Wuxi, China. |
| May, 2004 | Calsonic Kansei Corporation became the Company's parent company. |
| Jan. 2005 | Nissan became the Company's parent company, following Calsonic Kansei's issuing new share capital to Nissan. |
| Apr. 2012 | Established PT. Tokyo Radiator Selemat Sempurna in Banten, Indonesia. |
| 2012 | Launched operations in the passenger car EGR cooler business. |
| Jun. 2013 | Converted TR Asia Co., Ltd., formerly an affiliated company under the equity method, into a consolidated subsidiary. |
| Mar. 2017 | CK Holdings Co., Ltd. became the Company’s parent company as a result of acquiring Calsonic Kansei’s common shares in a public tender. In line with this stock acquisition, Nissan Motor Corporation ceased to be the Company’s parent company. |
Supplemental Information 1
>>>FY ended Mar. 31, 2008 Business report
>>>FY ended Mar. 31, 2009 Business report
>>>FY ended Mar. 31, 2010 Business report
>>>FY ended Mar. 31, 2011 Business report
>>>FY ended Mar. 31, 2012 Business report
>>>FY ended Mar. 31, 2013 Business report
>>>FY ended Mar. 31, 2014 Business report
>>>FY ended Mar. 31, 2015 Business report
Archives of Past Exhibits
>>>Tokyo Radiator Mfg. Investor Relations
>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)
Supplemental Information 2
Technology Licensing-out Agreement |
(As of Mar. 31, 2020) |
| 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, 2021 |
| PT. Selamat Sempurna (Indonesia) |
Manufacturing technology for radiators and fuel tanks | Apr. 11, 1979 - Apr. 10, 2021 |