T.RAD Lifts Full-Year Earnings Outlook on Strong Asia Sales and U.S. Turnaround

T.RAD Co., Ltd. ( (JP:7236) ) just unveiled an update.

T.RAD Co., Ltd. has revised upward its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, citing stronger-than-expected performance at its Asian subsidiaries and improvements in its U.S. operations. Consolidated net sales are now projected to reach ¥160 billion, up 3.9% from the previous forecast, with operating income and profit attributable to owners of the parent raised by 23.9% and 35.9%, respectively, compared with the earlier outlook and more than double the prior year’s earnings per share. The company attributes the profit upgrade primarily to efficiency gains from transferring U.S. production to other sites and the successful pass-through of tariff-related costs to customers, alongside higher sales in Asia. On a non-consolidated basis, T.RAD expects slightly lower sales due to weaker orders, but it has raised its profit forecasts on the back of reduced depreciation and research expenses and higher dividend income and capital gains from selling investment securities, underscoring improved profitability and financial flexibility despite modest top-line pressure in the standalone business.

The most recent analyst rating on (JP:7236) stock is a Hold with a Yen9018.00 price target. To see the full list of analyst forecasts on T.RAD Co., Ltd. stock, see the JP:7236 Stock Forecast page.

More about T.RAD Co., Ltd.

T.RAD Co., Ltd. is a Japanese manufacturer listed on the Tokyo Stock Exchange Prime Market, operating in the automotive and industrial components sector with a focus on heat exchangers and related thermal management products for global markets, including Asia and the United States.

Average Trading Volume: 24,791

Technical Sentiment Signal: Buy

Current Market Cap: Yen49.72B

See more data about 7236 stock on TipRanks’ Stock Analysis page.