T.RAD Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
February 05, 2018
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T.RAD Co., Ltd. Reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 90,487 million against JPY 74,284 million a year ago. Operating income was JPY 4,430 million against JPY 2,037 million a year ago. Ordinary income was JPY 5,057 million against JPY 2,317 million a year ago. Profit attributable to owners of parent was JPY 3,494 million or JPY 438.93 per share against JPY 1,618 million or JPY 201.86 per share a year ago. Income before income taxes was JPY 4,965 million against JPY 2,164 million a year ago. Net cash provided by operating activities was JPY 6,860 million against JPY 5,603 million a year ago. Purchase of tangible fixed assets was JPY 3,915 million against JPY 4,187 million a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of JPY 124,900 million, operating income of JPY 5,700 million, ordinary income of JPY 6,400 million and profit attributable to owners of parent was JPY 2,900 million or JPY 364.32 per share.
The company expects to pay year-end dividend of JPY 50.00 per share for the year ending March 31, 2018 compared to JPY 3.00 per share paid for the same period a year ago.
T.RAD Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of various heat exchangers, as well as the provision of ancillary services. The Company operates through five regional segments including Japan, the United States, Europe, Asia and China. The Company is mainly engaged in the manufacture and sale of automobiles, construction and industrial machines, air conditioning equipment, distributed generators, other heat exchangers, automobiles and other machine parts, as well as the research, development and manufacture and sale of environmental equipment. Its main products include radiators, oil coolers, charge air coolers, fin coils for air conditioning equipment and various heat exchangers.
T.RAD Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
T.RAD CO., LTD. 
