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T.RAD Co., Ltd. ( (JP:7236) ) just unveiled an update.
T.RAD Co., Ltd. announced a partial reversal of its provision for product warranties, amounting to 676 million yen, due to a decrease in expected quality defects at its subsidiary, T.RAD Qingdao CO., LTD. Additionally, the company recorded an extraordinary loss of 776 million yen in its non-consolidated financial statements due to a decline in net assets at T.RAD North America, Inc., although this loss does not impact the consolidated financial results.
More about T.RAD Co., Ltd.
T.RAD Co., Ltd. operates in the automotive industry, primarily focusing on manufacturing and supplying heat exchangers and related products. The company is listed on the Tokyo Stock Exchange and serves a global market with a particular focus on automotive components.
Average Trading Volume: 17,943
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen20.19B
See more data about 7236 stock on TipRanks’ Stock Analysis page.