T.RAD Co., Ltd.
Mid-term Management Plan T.RAD-2026
Achieved net sales of 162.3 billion yen, ordinary income margin of 7.6%, and ROE of 17.2% in fiscal 2025. Announced a mid-term management plan targeting net sales of 200 billion yen and ROE of 20.0% by fiscal 2030.
Key Figures
- Fiscal 2025 Net Sales: 162.3 billion yen (initial target 140 billion yen)
- Fiscal 2025 Ordinary Income Margin: 7.6% (initial target 3.0%)
- Fiscal 2030 Net Sales Target: 200 billion yen
- Fiscal 2030 ROE Target: 20.0%
- Fiscal 2025 ROE: 17.2%
AI要約
Performance Overview and T.RAD-2026 Goals
In fiscal 2025 (ending March 2026), the company achieved net sales of 162.3 billion yen, an ordinary income margin of 7.6%, and an ROE of 17.2%. Improvements in the U.S. business and profitability enhancement measures both domestically and abroad contributed to results significantly exceeding original targets. The mid-term management plan 'T.RAD-2026' has been formulated aiming for net sales of 200 billion yen and an ROE of 20.0% by fiscal 2030, targeting sustainable growth and stabilization of profitability.
Core Strategies and Initiatives
The core strategies of the mid-term management plan include pursuing No.1 heat exchange technology, realizing carbon neutrality through diverse power plant support, overwhelming development speed and cost competitiveness, and global responsiveness to diverse customer needs. The company holds a high global market share mainly with Japanese OEMs and offers a portfolio of multi-pathway compatible products. Targets set for fiscal 2030 include net sales of 200 billion yen, ROE of 20.0%, and EBITDA of 28 billion yen.
Tirado Corporation
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