Komori
Tokyo Radiator Mfg. (7235) · InitiativeRaised

Renovation and Upgrading of Manufacturing Equipment and Investment to Improve Productivity

First written in FY2016. 16 of 28 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.

28entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2021-Q2 – FY2024-Q22016: 220162017: 320172018: 220182019: 320192020: 420202021: 220212022: 320222023: 320232024: 320242025: 220252026: 12026
Same theme, other companies
Capital investment in new production facilities and the replacement of aging facilitiesA theme 6 companies write about · 0 as a headwind · 6 as a tailwind

The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "Raised".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「As of the end of the consolidated fiscal year, planned investment related to the installation and refurbishment of material equipment totaled ¥1,732 million. The segment breakdown was ¥1,500 million for the Company (Japan), ¥169 million for China, and ¥63 million for Asia.」

    Planned capital investment for the following fiscal year and beyond was increased from ¥1,315 million in the previous fiscal year to ¥1,732 million, with investment in heat exchanger manufacturing equipment centered on Japan, at ¥1,500 million.
  2. FY2026-H1AdvancedAnnual report

    「Net cash used in investing activities was ¥209 million, compared with ¥247 million used in the same period of the previous year. This was mainly due to ¥635 million spent on the acquisition of property, plant and equipment and proceeds of ¥534 million from withdrawals of time deposits, among other items.」

    During the six-month interim consolidated period, ¥635 million was spent on the acquisition of property, plant and equipment, and capital investment continued.
  3. FY2025Lower capital investment and continued investment planning for the following fiscal yearAnnual report

    「During the consolidated fiscal year, capital investment of ¥1,023 million was made for productivity improvements, next-generation product development, the installation and renewal of radiator manufacturing equipment, EGR cooler manufacturing equipment and other equipment, and the refurbishment and renewal of existing equipment (Japan segment: ¥667 million; China segment: ¥304 million; Asia segment: ¥51 million). As of the end of the consolidated fiscal year, planned investment related to the installation and refurbishment of material equipment totaled ¥1,315 million. The segment breakdown was ¥1,100 million for the Company (Japan), ¥193 million for China, and ¥22 million for Asia.」

    Capital investment during the year totaled ¥1,023 million, down from ¥1,214 million in the previous fiscal year. At the same time, planned investment of ¥1,315 million was established for the following fiscal year and beyond, with continued investment in the installation and renewal of heat exchanger equipment, refurbishment of existing equipment, and next-generation product development.
  4. FY2025-H1AdvancedAnnual report

    「Net cash used in investing activities was ¥247 million, down 78.2% year on year. This was mainly due to ¥555 million spent on the acquisition of property, plant and equipment and proceeds of ¥316 million from withdrawals of time deposits, among other items.」

    During the six-month interim consolidated period, ¥555 million was spent on the acquisition of property, plant and equipment, and capital investment continued.
  5. FY2024Lower capital investment and higher planned investment for the following fiscal yearAnnual report

    「During the consolidated fiscal year, capital investment of ¥1,214 million was made for the installation and renewal of radiator manufacturing equipment, EGR cooler manufacturing equipment and other equipment, the refurbishment and renewal of existing equipment, productivity improvements, and next-generation product development (Japan segment: ¥746 million; China segment: ¥406 million; Asia segment: ¥61 million).」

    Capital investment during the year totaled ¥1,214 million, while planned material capital investment for the following fiscal year was increased to ¥1,691 million (Japan: ¥1,100 million; China: ¥530 million; Asia: ¥60 million). An impairment loss of ¥27 million was also recorded due to the discontinuation of use of aging equipment.
  6. FY2024-Q3Decline in property, plant and equipmentAnnual report

    「The increase in fixed assets was mainly due to a ¥251 million increase in investment securities, despite a ¥166 million decrease in property, plant and equipment, among other factors.」

    At the end of the quarter, property, plant and equipment had decreased by ¥166 million from the end of the previous consolidated fiscal year. No new capital investment plan or equipment completion was reported.
  7. FY2024-Q2AdvancedAnnual report

    「Net cash used in investing activities was ¥1,136 million, up 202.9% year on year. This was mainly due to ¥840 million spent on the acquisition of property, plant and equipment and ¥271 million spent on time deposits.」

    During the six-month period ended September 30, ¥840 million was spent on the acquisition of property, plant and equipment, and capital investment continued.
  8. FY2023AdvancedAnnual report

    「During the consolidated fiscal year, capital investment of ¥1,294 million was made for the installation and renewal of radiator manufacturing equipment, EGR cooler manufacturing equipment and other equipment, the refurbishment and renewal of existing equipment, productivity improvements, and next-generation product development (Japan segment: ¥1,032 million; China segment: ¥220 million; Asia segment: ¥41 million).」

    Capital investment of ¥1,294 million was made for the installation and renewal of radiator and EGR cooler equipment, the refurbishment of existing equipment, productivity improvements, and next-generation product development. Planned investment for the following fiscal year was also reported at ¥1,246 million.
  9. FY2023-Q3AdvancedAnnual report

    「The increase in fixed assets was mainly due to a ¥201 million increase in property, plant and equipment, among other factors.」

    Property, plant and equipment increased by ¥201 million from the end of the previous consolidated fiscal year, and equipment-related assets continued to increase. No specific equipment completion or breakdown of investment was provided.
  10. FY2023-Q2AdvancedAnnual report

    「Net cash used in investing activities was ¥375 million, down 58.4% year on year. This was mainly due to proceeds of ¥379 million from withdrawals of time deposits, compared with ¥716 million spent on the acquisition of property, plant and equipment.」

    During the six-month period ended September 30, ¥716 million was spent on the acquisition of property, plant and equipment, and investment related to the renewal and modernization of equipment continued.
  11. FY2023-Q1AdvancedAnnual report

    「The increase in fixed assets was mainly due to a ¥140 million increase in property, plant and equipment, despite a ¥60 million decrease in investment securities, among other factors.」

    At the end of the first quarter, property, plant and equipment had increased by ¥140 million from the end of the previous consolidated fiscal year, and an increase in equipment-related assets was reported.
  12. FY2022-Q3AdvancedAnnual report

    「The increase in fixed assets was mainly due to increases of ¥287 million in property, plant and equipment and ¥177 million in investment securities, among other factors.」

    Property, plant and equipment increased by ¥287 million from the end of the previous consolidated fiscal year, and fixed assets related to the renewal and modernization of equipment continued to increase.
  13. FY2022-Q2AdvancedAnnual report

    「Net cash used in investing activities was ¥901 million, up 237.8% year on year. This was mainly due to ¥864 million spent on the acquisition of property, plant and equipment, among other items.」

    During the six-month period ended September 30, ¥864 million was spent on the acquisition of property, plant and equipment, and investment related to the renewal and modernization of equipment continued.
  14. FY2021-Q3AdvancedAnnual report

    「The increase in fixed assets was mainly due to increases of ¥218 million in property, plant and equipment and ¥201 million in investment securities, among other factors.」

    Property, plant and equipment increased by ¥218 million from the end of the previous consolidated fiscal year, and an increase in the asset balance related to the renewal and modernization of equipment was reported. No specific equipment completion or breakdown of investment was provided.
  15. FY2021-Q2AdvancedAnnual report

    「Net cash used in investing activities was ¥266 million, down 70.7% year on year. This was mainly due to proceeds of ¥453 million from withdrawals of time deposits, compared with ¥704 million spent on the acquisition of property, plant and equipment, among other items.」

    During the six-month period ended September 30, ¥704 million was spent on the acquisition of property, plant and equipment, and investment related to the renewal and modernization of equipment continued.
  16. FY2021-Q1RestatedAnnual report

    「Costs related to the medium- to long-term modernization of equipment at the Company」

    Costs related to the medium- to long-term modernization of equipment were cited as a factor affecting earnings for the quarter, indicating that the renewal and modernization of equipment are continuing.
  17. FY2020AdvancedAnnual report

    「During the consolidated fiscal year, capital investment of ¥1,878 million was made for the installation of new EGR cooler manufacturing equipment, the refurbishment and renewal of existing equipment, and productivity improvements (Japan segment: ¥1,213 million; China segment: ¥482 million; Asia segment: ¥182 million).」

    Capital investment of ¥1,878 million was made during the year for the installation and renewal of EGR cooler manufacturing equipment, the refurbishment and renewal of existing equipment, and productivity improvements. At the Fujisawa Plant, disposals, impairment losses and other costs associated with the medium- to long-term modernization of equipment were also recorded.
  18. FY2020-Q3Impairment of equipment associated with the discontinuation of productionAnnual report

    「In the Japan segment, the company recognized an impairment loss on production equipment for SUS SCR tanks that will no longer be used because production has ended. The impairment loss recognized for the cumulative third quarter of the current consolidated fiscal year was ¥13 million.」

    Regarding capital investment and production equipment, ¥13 million in impairment loss was recognized for equipment that is no longer expected to be used due to the end of production of SUS SCR tanks.
  19. FY2020-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥909 million, up 10.4% from the same quarter of the previous year. This was mainly attributable to ¥779 million in expenditure for the acquisition of property, plant and equipment and ¥128 million in expenditure for deposits into time deposits.」

    The company spent ¥779 million on the acquisition of property, plant and equipment during the cumulative second quarter of the consolidated fiscal year, increasing the amount of capital investment from ¥691 million in the same quarter of the previous year.
  20. FY2020-Q1RestatedAnnual report

    「Temporary increase in costs related to the transfer of copper radiator production」

    The company states that costs were incurred to transfer copper radiator production in connection with existing production equipment and productivity improvement initiatives. No new capital investment amount or completion of the transfer is described.
  21. FY2019-Q3RestatedAnnual report

    「The increase in the cost ratio due to renovation costs for major equipment and other assets and changes in the product mix」

    The company continues to renovate major equipment and other assets related to productivity and quality improvements. No new planned investment amount or equipment completion is described.
  22. FY2019-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥824 million, up 57.3% from the same quarter of the previous year. This was mainly attributable to ¥112 million in expenditure for deposits into time deposits and ¥691 million in expenditure for the acquisition of property, plant and equipment.」

    The company spent ¥691 million on the acquisition of property, plant and equipment during the cumulative second quarter of the consolidated fiscal year, increasing the amount of capital investment from ¥539 million in the same quarter of the previous year.
  23. FY2019-Q1RestatedAnnual report

    「Impact of increased renovation costs for major equipment and other assets to improve productivity and quality」

    The company continues to renovate major equipment and other assets to improve productivity and quality. It states that higher renovation costs were a factor behind the decline in profit for the quarter, but provides no new completion results or planned investment amount.
  24. FY2018-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥524 million, down 51.2% from the same quarter of the previous year. This was mainly attributable to ¥539 million in expenditure for the acquisition of property, plant and equipment.」

    The company spent ¥539 million on the acquisition of property, plant and equipment during the cumulative second quarter of the consolidated fiscal year, carrying out capital investment.
  25. FY2018-Q1SoftenedAnnual report

    「Although the medium-term management plan calls for a focus on strategic investment to expand sales of products addressing environmental regulations and customer needs, with investment centered on maintaining and renewing existing facilities, no large-scale capital investment is planned.」

    The company has limited the scope of its plans by positioning capital investment around the maintenance and renewal of existing equipment and strategic investment in products that address environmental regulations, with no large-scale capital investment planned.
  26. FY2017RaisedAnnual report

    「As of the end of the consolidated fiscal year, planned investment in the construction, renovation and other work related to major equipment totaled ¥1,490 million, comprising ¥974 million for the company in Japan, ¥413 million in China and ¥102 million in Asia.」

    Planned capital investment for the following year and beyond was increased from the previous ¥1,000 million to ¥1,490 million, with Asia added to China as a target region.
  27. FY2017-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥1,074 million, down 17.4% from the same quarter of the previous year. This was mainly attributable to ¥842 million in expenditure for the acquisition of property, plant and equipment and ¥223 million in expenditure for deposits into time deposits.」

    The company spent ¥842 million on the acquisition of property, plant and equipment during the cumulative second quarter of the consolidated fiscal year, carrying out investments in manufacturing equipment and other assets.
  28. FY2016First statedAnnual report

    「As of the end of the consolidated fiscal year, planned investment in the construction, renovation and other work related to major equipment totaled ¥1,000 million, comprising ¥676 million for the company in Japan and a combined ¥324 million for 2 overseas subsidiaries in China.」

    The company made ¥1,259 million in capital investments during the year and plans to construct and upgrade manufacturing equipment for heat exchangers and other products, as well as press dies, in Japan and China for the following year.
Moved together

"Low-cost, high-quality supply and cost reduction" moved the same way as this thread, in the same document, in 9 of its 28 moves.

955433★123456
  1. ★This thread
  2. 1Low-cost, high-quality supply and cost reduction9×
  3. 2Management metric focused on the operating margin5×
  4. 3Changes in recoverability of deferred tax assets and valuation allowance5×
  5. 4Development and expanded sales of products addressing environmental and customer needs4×
  6. 5Product Defects and Serious Claims3×
  7. 6Profit increase from higher volumes of subsidiaries' export products and changes in product mix3×

★ 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
News
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