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Tokyo Radiator Mfg. (7235) · FactWorsenedLatest Results (2026-11-12): "Mitigated"

Lower revenue and profit in the Asia segment

First written in FY2020-Q1. 7 of 28 entries say "Worsened", first in FY2021-Q1. Latest entry: 2026-11-12.

28entries
8years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2020-Q1 – FY2020OtherFY2021-Q3 – FY2024WorsenedFY2025-H1 – FY20252019: 220192020: 420202021: 320212022: 320222023: 420232024: 320242025: 220252026: 72026
Same theme, other companies
Asia Segment Turning Loss-Making and Performance RecoveryA theme 17 companies write about · 9 as a headwind · 8 as a tailwind

The whole theme swung hardest in 2023: 4 of 16 companies on the "Worse" side.

1 other company's latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  2. FY2026WorsenedAnnual report

    「・Asia Net sales (including intersegment sales) ¥2,925 million (10.3% decrease year on year) Segment profit ¥182 million (23.8% decrease year on year)」

    The Asia segment changed from lower revenue and higher profit in the previous fiscal year to lower revenue and profit in the current fiscal year, with sales down 10.3% and segment profit down 23.8%.
  4. FY2026-H1Higher revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,438 million (9.9% decrease year on year) ・Segment profit ¥126 million (25.0% increase year on year)」

    While the Asia segment reported a 9.9% year-on-year decline in sales, segment profit increased 25.0%, resulting in lower revenue and higher profit.
  5. FY2025WorsenedAnnual report

    「・Asia Net sales (including intersegment sales) ¥3,259 million (Previous consolidated fiscal year: ¥3,608 million) Segment profit ¥239 million (Previous consolidated fiscal year: ¥345 million)」

    The Asia segment changed from lower revenue and higher profit in the previous fiscal year to lower revenue and profit in the current fiscal year, with both sales and segment profit declining.
  6. FY2025-H1WorsenedAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,595 million (8.5% decrease year on year) ・Segment profit ¥101 million (53.2% decrease year on year)」

    The Asia segment reported an 8.5% year-on-year decline in sales and a 53.2% decline in profit. It changed from lower revenue and higher profit in the previous fiscal year to lower revenue and profit.
  7. FY2024Higher revenue and profit in the Asia segmentAnnual report

    「・Asia Net sales (including intersegment sales) ¥3,608 million (Previous consolidated fiscal year: ¥3,786 million) Segment profit ¥345 million (Previous consolidated fiscal year: ¥315 million)」

    While the Asia segment reported lower revenue, segment profit increased from ¥315 million to ¥345 million, resulting in lower revenue and higher profit.
  8. FY2024-Q3Continued lower revenue and higher profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥2,732 million (2.7% decrease year on year) ・Segment profit ¥331 million (36.1% increase year on year)」

    While the Asia segment reported a 2.7% year-on-year decline in sales, segment profit increased 36.1%, and lower revenue and higher profit continued.
  9. FY2024-Q2Higher revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,744 million (2.2% decrease year on year) ・Segment profit ¥216 million (42.7% increase year on year)」

    While sales in the Asia segment decreased 2.2% year on year, segment profit increased 42.7%, changing from higher revenue and profit to lower revenue and higher profit.
  10. FY2024-Q1Continued higher revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥887 million (10.1% increase year on year) ・Segment profit ¥100 million (109.3% increase year on year)」

    The Asia segment continued to report higher revenue and profit, with sales up 10.1% and segment profit up 109.3% year on year.
  11. FY2023Continued higher revenue and profit in the Asia segmentAnnual report

    「・Asia Net sales (including intersegment sales) ¥3,786 million (Previous year: ¥2,562 million) Segment profit ¥315 million (Previous year: ¥186 million)」

    The Asia segment continued to report higher revenue and profit, with sales increasing from ¥2,562 million to ¥3,786 million and segment profit from ¥186 million to ¥315 million.
  12. FY2023-Q3Continued higher revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥2,807 million (63.0% increase year on year) ・Segment profit ¥243 million (159.8% increase year on year)」

    The Asia segment reported a 63.0% year-on-year increase in sales and a 159.8% increase in segment profit, continuing its trend of higher revenue and profit.
  13. FY2023-Q2Continued higher revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,784 million (53.2% increase year on year) ・Segment profit ¥151 million (208.3% increase year on year)」

    The Asia segment continued to report higher revenue and profit, with sales up 53.2% and segment profit up 208.3% year on year.
  14. FY2023-Q1Continued higher revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥806 million (38.1% increase year on year) ・Segment profit ¥47 million (227.8% increase year on year)」

    The Asia segment continued to report higher revenue and profit, with sales up 38.1% and segment profit up 227.8% year on year.
  15. FY2022-Q3Continued higher revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,722 million (Previous year: ¥1,079 million) ・Segment profit ¥93 million (Previous year: segment profit of ¥31 million)」

    The Asia segment continued to report higher revenue and profit, with sales increasing from ¥1,079 million to ¥1,722 million and segment profit from ¥31 million to ¥93 million year on year.
  16. FY2022-Q2Higher revenue and continued profitability in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,164 million (Previous year: ¥600 million) ・Segment profit ¥49 million (Previous year: segment loss of ¥18 million)」

    The Asia segment reported higher revenue than in the previous year and swung from a loss to a ¥49 million profit.
  17. FY2022-Q1Higher revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥583 million (Previous year: ¥427 million) ・Segment profit ¥14 million (Previous year: segment profit of ¥0 million)」

    Sales in the Asia segment increased from ¥427 million in the previous year to ¥583 million, while segment profit reached ¥14 million.
  18. FY2021-Q3Narrower revenue decline and return to profitability in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,079 million (28.7% decrease year on year) ・Segment profit ¥31 million (72.7% decrease year on year)」

    The Asia segment continued to report lower revenue, but the decline narrowed from 42.6% year on year to 28.7%, and it swung from a ¥18 million loss in the previous quarter to a ¥31 million profit.
  19. FY2021-Q2WorsenedAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥600 million (42.6% decrease year on year) ・Segment loss ¥18 million (Previous year: segment profit of ¥75 million)」

    The Asia segment's sales decline widened to 42.6% year on year, and it swung from a profit in the previous year to a ¥18 million loss.
  20. FY2021-Q1WorsenedAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥427 million (18.1% decrease year on year) ・Segment profit ¥0 million (98.0% decrease year on year)」

    The Asia segment continued to report lower revenue, with the decline widening to 18.1% year on year. Profit also fell 98.0% year on year to almost zero.
  21. FY2020Higher revenue and profit in the Asia segmentAnnual report

    「Sales decreased 12.2% from the previous consolidated fiscal year to ¥2,045 million, due to declines in the industrial and construction machinery markets. Segment profit increased 4.6% from the previous consolidated fiscal year to ¥200 million, helped by cost-reduction initiatives.」

    While the Asia segment continued to report lower revenue, profit turned to a 4.6% year-on-year increase, helped by cost-reduction initiatives.
  22. FY2020-Q3Continued lower revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,513 million (14.7% decrease year on year) ・Segment profit ¥115 million (16.2% decrease year on year)」

    The Asia segment continued to report lower revenue and profit, with sales down 14.7% and segment profit down 16.2% year on year.
  23. FY2020-Q2Continued lower revenue and profit in the Asia segmentAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥1,046 million (12.3% decrease year on year) ・Segment profit ¥75 million (11.5% decrease year on year)」

    The Asia segment continued to report lower revenue and profit. The decline in sales narrowed from 15.9% year on year to 12.3%, while profit decreased 11.5%.
  24. FY2020-Q1First statedAnnual report

    「c. Asia ・Net sales (including intersegment sales) ¥521 million (15.9% decrease year on year) ・Segment profit ¥32 million (10.5% decrease year on year)」

    Records for the first time as a separate theme that both sales and segment profit in the Asia segment decreased year on year.
Moved together

"Impact of foreign-exchange movements on revenue" moved the same way as this thread, in the same document, in 3 of its 28 moves.

333222★123456
  1. ★This thread
  2. 1Impact of foreign-exchange movements on revenue3×
  3. 2Economic fluctuations in the truck and industrial and construction machinery markets3×
  4. 3Investment policy under the medium-term management plan “i-challenge 2020”3×
  5. 4Low-cost, high-quality supply and cost reduction2×
  6. 5Overseas trade policy, political conditions and geopolitical risks2×
  7. 6Revenue and Profit Decline in the Japan Segment2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tokyo Radiator Mfg.'s next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Results of 2026-11-12: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.