Transportation Equipment · Fiscal year end Mar 31

TOKYO RADIATOR MFG. CO., LTD.

7235

東京ラヂエーター製造株式会社

FIGI BBG000BDR1Q87235.T7235 JPCorp. no. 6021001002556

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-13

For the first half of the fiscal year to 2026-03: Revenue ¥17.4 billion (+3.8% YoY), Ordinary income ¥1.4 billion (+63.4% YoY), Net income ¥1.1 billion (+82.7% YoY).

	This period	Year on year
Revenue	¥17.4bn	+3.8%
Ordinary profit	¥1.4bn	+63.4%
Net profit to owners	¥1.1bn	+82.7%

From the securities report on EDINET, which states no forecast. History via /v1/companies/7235/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥35.4bn
Net income: ¥2.0bn
ROE: 8.9%
Equity ratio: 72.0%
Dividend / share: ¥65
Employees: 816

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥35.4bn	¥2.0bn	¥33.4bn	¥26.1bn	8.9%	¥214.85	¥1.7bn
2025-03-31	¥34.1bn	¥1.4bn	¥32.9bn	¥24.0bn	6.8%	¥151.12	¥2.3bn
2024-03-31	¥33.4bn	¥1.7bn	¥31.6bn	¥21.9bn	9.0%	¥179.07	¥1.3bn
2023-03-31	¥31.8bn	−¥0.7bn	¥29.2bn	¥19.1bn	-3.7%	¥-52.78	¥3.5bn
2022-03-31	¥27.0bn	−¥0.8bn	¥31.6bn	¥23.3bn	-3.7%	¥-55.68	−¥0.2bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	8.9	51.9
Ordinary margin	0.0718	52.2
Equity ratio, %	72	78.1
Revenue growth	0.0388	44.7
Net income growth	0.4327	72.1
Operating cash flow / assets	0.0512	41.1

Policy-uncertainty measure0.00 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change 0.00pt in 90 days; 11.7% held by other listed companies.

Results wording balance: -0.25. Proprietary text method; it describes the wording only and does not interpret context.

Via /v1/companies/7235/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-06-23: see filing 上記の評価の結果、当事業年度末日時点において、当社の財務報告に係る内部統制は有効であると判断いたしました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Japan, China, Asia. /v1/companies/7235/segments

Latest voting result: 2026-06-25 · から第3号議案まで)>第1号議案剰余金処分の件 · passed. /v1/companies/7235/voting

Ownership changes

All companies →

2024-04-16

Decrease−3.12pt

Marelli Corporation reduced holdings in TOKYO RADIATOR MFG. CO., LTD. (7235) to 8.01% from 11.13%.

S100TA70Filer profile Original filing (PDF, Japanese)
2024-04-16

Threshold

Holdings of Marelli Corporation in TOKYO RADIATOR MFG. CO., LTD. (7235) moved below 10% (11.13% -> 8.01%).

S100TA70Filer profile Original filing (PDF, Japanese)
2023-12-19

Decrease−3.13pt

Marelli Corporation reduced holdings in TOKYO RADIATOR MFG. CO., LTD. (7235) to 11.13% from 14.26%.

S100SGYEFiler profile Original filing (PDF, Japanese)
2023-12-19

Amendment−3.13pt

Marelli Corporation filed a correction to a 5% report on TOKYO RADIATOR MFG. CO., LTD. (7235).

S100SH3UFiler profile Original filing (PDF, Japanese)
2023-03-03

Decrease−25.81pt

Marelli Corporation reduced holdings in TOKYO RADIATOR MFG. CO., LTD. (7235) to 14.26% from 40.07%.

S100QBWVFiler profile Original filing (PDF, Japanese)
2023-03-03

Threshold

Holdings of Marelli Corporation in TOKYO RADIATOR MFG. CO., LTD. (7235) moved below 20% (40.07% -> 14.26%).

S100QBWVFiler profile Original filing (PDF, Japanese)
2023-03-03

Threshold

Holdings of Marelli Corporation in TOKYO RADIATOR MFG. CO., LTD. (7235) moved below 33.4% (40.07% -> 14.26%).

S100QBWVFiler profile Original filing (PDF, Japanese)
2023-02-21

Stated it may make proposals−3.89pt

Asset Value Investors Limited states it may make proposals to the management of TOKYO RADIATOR MFG. CO., LTD. (7235) (first filing on record).

S100Q9HVFiler profile Original filing (PDF, Japanese)
2023-02-21

Below 5%−3.89pt

Asset Value Investors Limited cut holdings in TOKYO RADIATOR MFG. CO., LTD. (7235) to 1.34% from 5.23%, below the 5% threshold.

S100Q9HVFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
マレリ株式会社	2023-02-16 – 2024-04-03	-4,616,800	−32.07pt	¥741.62	¥740–755
Asset Value Investors Limited	2023-02-16 – 2023-02-16	-560,100	−3.89pt	¥740	¥740–740

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/7235/trades.

5% filings

Large shareholding reports on 7235

Filed	Filer	Stake	Change	Stated purpose
2024-04-16	Marelli Corporation	11.13%	0.00pt	—
2024-04-16	Marelli Corporation	8.01%	−3.12pt	—
2023-12-19	Marelli Corporation	11.13%	−3.13pt	—
2023-12-19	Marelli Corporation	11.13%	−3.13pt	—
2023-12-15	Marelli Corporation	14.26%	0.00pt	—
2023-12-15	Marelli Corporation	14.26%	0.00pt	—
2023-03-03	CALSONIC KANSEI CORPORATION	40.07%	0.00pt	—
2023-03-03	CALSONIC KANSEI CORPORATION	40.07%	0.00pt	—
2023-03-03	CALSONIC KANSEI CORPORATION	40.07%	0.00pt	—
2023-03-03	CALSONIC KANSEI CORPORATION	40.07%	0.00pt	—

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 5 issues
Book value: ¥2.1bn
Sold in the year: — — issues
Bought in the year: ¥3m 1 issues
Mutual, both reports: 1
Held by listed cos.: 3

Holds	Book value	Shares vs. prior year	Mutual
ISUZU MOTORS LIMITED 7202	¥1,653m	+0.2%	both reports
Mitsubishi UFJ Financial Group, Inc. 8306	¥204m	0.0%	stated
Mizuho Financial Group, Inc. 8411	¥82m	0.0%	stated
Hitachi Construction Machinery Co., Ltd. 6305	¥68m	0.0%	no
Tokio Marine Holdings, Inc. 8766	¥55m	0.0%	no

Held by: ISUZU MOTORS LIMITED 7202, SATO SHO-JI CORPORATION 8065, OHASHI TECHNICA INC. 7628

Purposes, all holdings and mutual flags via /v1/companies/7235/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
マレリ株式会社	1,153,000	12.11%
いすゞ自動車株式会社	675,000	7.09%
山崎金属産業株式会社	525,000	5.51%
佐藤商事株式会社	501,000	5.26%
individual holder	470,000	4.94%
合同会社フルーエ	316,000	3.32%
株式会社みずほ銀行	300,000	3.15%
individual holder	248,000	2.61%
東京ラヂエーター製造　取引先持株会	198,000	2.09%
individual holder	193,000	2.03%

Get this as JSON

GET /v1/companies/7235
GET /v1/companies/7235/financials
GET /v1/companies/7235/details
GET /v1/companies/7235/segments
GET /v1/companies/7235/voting
GET /v1/companies/7235/tender-offers
GET /v1/companies/7235/indicators
GET /v1/companies/7235/earnings-releases
GET /v1/events?ticker=7235
GET /v1/companies/7235/trades         
GET /v1/companies/7235/cross-holdings 
GET /v1/companies/7235/brief

Plans from $9 a month · Documentation