T.RAD Co Ltd
TSE:7236

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T.RAD Co Ltd Logo
T.RAD Co Ltd
TSE:7236
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Price: 8 190 JPY -0.24% Market Closed
Market Cap: 48.3B JPY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+17%
5Y
+31%
10Y
+54%
Operating Income
+
3Y
+130%
5Y
+723%
10Y
+209%
Net Income
+
3Y
+85%
5Y
-
10Y
+1 308%

Earnings Waterfall
T.RAD Co Ltd

Revenue
160B JPY
Cost of Revenue
-138.5B JPY
Gross Profit
21.6B JPY
Operating Expenses
-12.8B JPY
Operating Income
8.8B JPY
Other Expenses
-2.8B JPY
Net Income
6B JPY

Income Statement
T.RAD Co Ltd

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Income Statement
Currency: JPY
Jun-2004 Sep-2004 Dec-2004 Jun-2005 Sep-2005 Dec-2005 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Jun-2008 Sep-2008 Dec-2008 Jun-2009 Sep-2009 Dec-2009 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025
Revenue
Interest Expense
28
0
0
39
0
0
63
0
0
101
0
0
110
0
0
99
0
0
90
171
246
307
264
230
194
172
165
160
157
160
157
156
152
150
151
151
175
195
202
210
195
181
189
197
205
236
234
230
235
212
222
239
242
248
261
264
292
300
296
290
278
263
248
240
227
235
212
236
290
363
482
577
652
642
597
542
422
407
370
Revenue
45 186
N/A
47 274
+5%
50 442
+7%
53 788
+7%
56 430
+5%
58 959
+4%
61 402
+4%
65 389
+6%
70 302
+8%
74 419
+6%
79 779
+7%
82 060
+3%
82 730
+1%
83 026
+0%
78 441
-6%
65 151
-17%
51 520
-21%
45 466
-12%
52 049
+14%
57 963
+11%
63 114
+9%
83 437
+32%
84 322
+1%
85 994
+2%
87 088
+1%
89 383
+3%
91 243
+2%
89 937
-1%
87 002
-3%
87 530
+1%
86 810
-1%
88 677
+2%
92 261
+4%
95 248
+3%
96 952
+2%
96 593
0%
99 968
+3%
103 442
+3%
104 226
+1%
106 816
+2%
105 775
-1%
102 132
-3%
102 876
+1%
100 619
-2%
100 248
0%
107 608
+7%
111 432
+4%
116 895
+5%
123 811
+6%
124 490
+1%
128 752
+3%
133 154
+3%
136 878
+3%
136 125
-1%
136 682
+0%
134 645
-1%
130 284
-3%
130 524
+0%
121 718
-7%
113 192
-7%
113 059
0%
113 046
0%
120 671
+7%
129 852
+8%
131 394
+1%
133 581
+2%
136 260
+2%
142 022
+4%
152 029
+7%
149 413
-2%
152 417
+2%
155 623
+2%
155 183
0%
158 659
+2%
158 436
0%
157 478
-1%
150 368
-5%
159 235
+6%
160 022
+0%
Gross Profit
Cost of Revenue
(39 432)
(41 872)
(45 386)
(48 441)
(50 742)
(52 948)
(55 726)
(59 424)
(63 909)
(67 585)
(72 076)
(73 921)
(74 479)
(75 393)
(72 158)
(61 015)
(49 030)
(42 619)
(46 892)
(50 810)
(54 689)
(72 349)
(73 607)
(75 145)
(76 201)
(78 214)
(79 450)
(78 752)
(76 777)
(77 592)
(76 846)
(78 336)
(80 911)
(83 138)
(85 019)
(84 883)
(88 406)
(91 997)
(93 229)
(96 222)
(95 546)
(92 809)
(93 270)
(90 652)
(90 004)
(95 944)
(98 638)
(103 186)
(108 636)
(108 543)
(112 154)
(115 990)
(119 937)
(120 302)
(121 469)
(120 308)
(117 224)
(117 051)
(110 318)
(103 860)
(102 782)
(102 205)
(106 888)
(113 435)
(114 890)
(118 478)
(122 285)
(129 233)
(139 786)
(137 558)
(140 613)
(142 744)
(141 596)
(143 761)
(142 638)
(140 942)
(133 062)
(139 108)
(138 469)
Gross Profit
5 754
N/A
5 401
-6%
5 056
-6%
5 347
+6%
5 688
+6%
6 011
+6%
5 676
-6%
5 965
+5%
6 393
+7%
6 834
+7%
7 703
+13%
8 139
+6%
8 251
+1%
7 633
-7%
6 283
-18%
4 136
-34%
2 490
-40%
2 847
+14%
5 157
+81%
7 153
+39%
8 425
+18%
11 088
+32%
10 715
-3%
10 849
+1%
10 887
+0%
11 169
+3%
11 793
+6%
11 185
-5%
10 225
-9%
9 938
-3%
9 964
+0%
10 341
+4%
11 350
+10%
12 110
+7%
11 933
-1%
11 710
-2%
11 562
-1%
11 445
-1%
10 997
-4%
10 594
-4%
10 229
-3%
9 323
-9%
9 606
+3%
9 967
+4%
10 244
+3%
11 664
+14%
12 794
+10%
13 709
+7%
15 175
+11%
15 947
+5%
16 598
+4%
17 164
+3%
16 941
-1%
15 823
-7%
15 213
-4%
14 337
-6%
13 060
-9%
13 473
+3%
11 400
-15%
9 332
-18%
10 277
+10%
10 841
+5%
13 783
+27%
16 417
+19%
16 504
+1%
15 103
-8%
13 975
-7%
12 789
-8%
12 243
-4%
11 855
-3%
11 804
0%
12 879
+9%
13 587
+5%
14 898
+10%
15 798
+6%
16 536
+5%
17 306
+5%
20 127
+16%
21 553
+7%
Operating Income
Operating Expenses
(2 300)
(4 462)
(4 552)
(4 731)
(4 429)
(4 569)
(5 420)
(5 481)
(5 585)
(4 925)
(5 229)
(5 394)
(5 509)
(5 605)
(5 308)
(4 855)
(4 347)
(3 982)
(4 081)
(4 650)
(5 005)
(6 314)
(6 363)
(6 225)
(6 461)
(7 023)
(7 284)
(7 272)
(7 202)
(7 302)
(7 289)
(7 535)
(7 738)
(7 965)
(8 069)
(7 971)
(8 201)
(8 145)
(8 165)
(8 271)
(8 063)
(8 076)
(8 070)
(7 981)
(7 962)
(8 448)
(8 561)
(9 070)
(9 566)
(10 155)
(10 672)
(10 983)
(11 222)
(10 731)
(10 728)
(10 652)
(10 468)
(10 630)
(10 336)
(9 789)
(9 590)
(9 577)
(9 713)
(10 102)
(10 439)
(10 062)
(10 165)
(10 343)
(11 029)
(10 805)
(10 688)
(10 526)
(10 053)
(10 548)
(10 978)
(11 750)
(13 010)
(12 811)
(12 797)
Selling, General & Administrative
(4 156)
(4 427)
(4 554)
(4 733)
(4 545)
(4 569)
(5 420)
(5 527)
(5 585)
(4 925)
(5 187)
(5 394)
(5 227)
(5 514)
(4 431)
(4 036)
(3 614)
(3 373)
(3 478)
(3 987)
(4 262)
(5 322)
(5 612)
(5 532)
(5 800)
(6 033)
(6 334)
(6 318)
(6 179)
(5 943)
(6 145)
(6 265)
(6 402)
(6 324)
(6 732)
(6 719)
(6 938)
(6 712)
(7 077)
(7 233)
(7 235)
(6 904)
(7 246)
(7 069)
(6 987)
(7 033)
(7 446)
(7 947)
(8 251)
(8 505)
(9 325)
(9 621)
(9 956)
(8 799)
(9 375)
(9 340)
(9 127)
(8 826)
(9 142)
(8 612)
(8 404)
(7 950)
(8 519)
(8 890)
(9 267)
(8 565)
(9 115)
(9 251)
(9 959)
(9 352)
(9 566)
(9 473)
(8 906)
(9 034)
(9 493)
(10 219)
(11 448)
(10 636)
(11 325)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
(282)
(600)
(877)
(819)
(733)
(609)
(603)
(663)
(743)
(815)
(751)
(693)
(661)
(780)
(949)
(951)
(1 021)
(1 139)
(1 141)
(1 270)
(1 334)
(1 371)
(1 336)
(1 250)
(1 261)
(1 116)
(1 088)
(1 038)
(828)
0
(824)
(912)
(975)
(1 084)
(1 114)
(1 122)
(1 315)
(1 255)
(1 345)
(1 360)
(1 264)
(1 417)
(1 353)
(1 312)
(1 340)
(1 247)
(1 194)
(1 177)
0
(1 108)
(858)
(877)
(1 171)
(1 127)
(1 050)
(1 092)
(1 069)
(1 104)
(1 122)
(1 052)
(1 146)
(1 199)
(1 484)
(1 530)
(1 563)
(1 687)
(1 471)
Depreciation & Amortization
0
0
83
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(177)
0
0
0
(209)
0
0
0
(218)
0
0
0
(269)
0
0
0
(317)
0
0
0
(320)
0
0
0
(330)
0
0
0
(393)
0
0
0
(514)
0
0
0
(556)
0
0
0
(518)
0
0
0
(369)
0
0
0
(349)
0
0
0
(314)
0
0
0
(487)
0
Other Operating Expenses
1 856
(35)
(81)
0
116
0
0
46
0
0
(42)
0
0
509
0
0
0
0
0
0
0
0
0
0
0
(1)
0
(3)
(2)
(2)
(3)
0
(2)
(1)
(1)
(2)
(2)
0
0
0
0
(852)
0
0
0
(1)
(1)
(1)
0
(2)
(2)
(2)
(2)
(1)
0
0
(1)
(1)
0
0
(1 186)
(1)
(336)
(335)
0
(1)
0
0
(1)
0
0
0
(1)
(1)
(1)
(1)
1
(1)
(1)
Operating Income
3 454
N/A
939
-73%
504
-46%
616
+22%
1 259
+104%
1 442
+15%
256
-82%
485
+89%
808
+67%
1 909
+136%
2 474
+30%
2 745
+11%
2 742
0%
2 028
-26%
975
-52%
(719)
N/A
(1 857)
-158%
(1 135)
+39%
1 076
N/A
2 503
+133%
3 420
+37%
4 774
+40%
4 352
-9%
4 624
+6%
4 426
-4%
4 146
-6%
4 509
+9%
3 913
-13%
3 023
-23%
2 636
-13%
2 675
+1%
2 806
+5%
3 612
+29%
4 145
+15%
3 864
-7%
3 739
-3%
3 361
-10%
3 300
-2%
2 832
-14%
2 323
-18%
2 166
-7%
1 247
-42%
1 536
+23%
1 986
+29%
2 282
+15%
3 216
+41%
4 233
+32%
4 639
+10%
5 609
+21%
5 792
+3%
5 926
+2%
6 181
+4%
5 719
-7%
5 092
-11%
4 485
-12%
3 685
-18%
2 592
-30%
2 843
+10%
1 064
-63%
(457)
N/A
687
N/A
1 264
+84%
4 070
+222%
6 315
+55%
6 065
-4%
5 041
-17%
3 810
-24%
2 446
-36%
1 214
-50%
1 050
-14%
1 116
+6%
2 353
+111%
3 534
+50%
4 350
+23%
4 820
+11%
4 786
-1%
4 296
-10%
7 316
+70%
8 756
+20%
Pre-Tax Income
Interest Income Expense
399
655
588
698
446
550
780
750
660
311
775
665
737
312
108
(117)
(201)
(84)
(170)
(220)
9
163
501
513
473
417
223
205
429
329
570
708
1 603
1 670
1 483
1 461
664
616
902
787
386
67
(208)
(243)
405
493
781
1 380
1 070
1 025
848
393
87
181
135
944
1 002
894
828
(206)
(295)
(105)
(35)
71
469
689
1 401
1 725
938
788
332
167
583
885
1 062
598
1 211
401
(47)
Non-Reccuring Items
(22)
(124)
(214)
(262)
(198)
(206)
(195)
(314)
(85)
(96)
1 081
910
897
(781)
(1 201)
(1 146)
(568)
(82)
(326)
(474)
(197)
(448)
(225)
(196)
(547)
(378)
(329)
(821)
(885)
(1 592)
(2 279)
(2 559)
(2 549)
(2 016)
(1 492)
(1 783)
(1 793)
(1 670)
(1 606)
(409)
(300)
(239)
(232)
(225)
(567)
(1 052)
(1 068)
(2 220)
(1 309)
(1 526)
(1 476)
(753)
(1 339)
(1 813)
(1 811)
(1 366)
(1 390)
(378)
(419)
(406)
(414)
(1 499)
(1 461)
(1 452)
(1 387)
(144)
(135)
(532)
(546)
(4 049)
(4 047)
(3 640)
(3 657)
(1 716)
(2 488)
(2 776)
(3 008)
(1 520)
(756)
Gain/Loss on Disposition of Assets
(168)
(151)
84
85
137
3
51
78
3
1
(6)
4
0
0
2
4
75
84
97
32
69
72
57
48
0
(94)
(92)
(98)
(101)
(5)
(18)
(573)
(572)
(634)
(623)
(60)
(64)
(12)
17
20
36
0
27
22
13
(8)
0
5
3
7
7
(23)
(22)
72
60
122
113
126
127
97
0
13
8
7
7
29
28
24
22
(5)
113
78
(11)
296
183
222
309
1
18
Total Other Income
99
74
165
213
127
195
148
212
77
178
64
142
58
270
170
202
187
177
100
41
83
45
59
70
39
124
113
240
370
401
417
301
188
150
82
95
79
49
(66)
(80)
(92)
162
96
121
127
168
219
214
245
269
254
241
229
298
264
246
221
262
276
414
610
378
399
297
248
284
283
278
318
246
250
253
214
303
342
416
417
384
337
Pre-Tax Income
3 762
N/A
1 394
-63%
1 127
-19%
1 350
+20%
1 771
+31%
1 984
+12%
1 040
-48%
1 210
+16%
1 463
+21%
2 303
+57%
4 388
+91%
4 466
+2%
4 434
-1%
1 829
-59%
54
-97%
(1 776)
N/A
(2 364)
-33%
(1 040)
+56%
777
N/A
1 882
+142%
3 384
+80%
4 606
+36%
4 744
+3%
5 059
+7%
4 391
-13%
4 215
-4%
4 424
+5%
3 439
-22%
2 836
-18%
1 769
-38%
1 365
-23%
683
-50%
2 282
+234%
3 315
+45%
3 314
0%
3 452
+4%
2 247
-35%
2 283
+2%
2 079
-9%
2 641
+27%
2 196
-17%
1 237
-44%
1 219
-1%
1 661
+36%
2 260
+36%
2 817
+25%
4 165
+48%
4 018
-4%
5 618
+40%
5 567
-1%
5 559
0%
6 039
+9%
4 674
-23%
3 830
-18%
3 133
-18%
3 631
+16%
2 538
-30%
3 747
+48%
1 876
-50%
(558)
N/A
588
N/A
51
-91%
2 981
+5 745%
5 238
+76%
5 402
+3%
5 899
+9%
5 387
-9%
3 941
-27%
1 946
-51%
(1 970)
N/A
(2 236)
-14%
(789)
+65%
663
N/A
4 118
+521%
3 919
-5%
3 246
-17%
3 225
-1%
6 582
+104%
8 308
+26%
Net Income
Tax Provision
(1 466)
(652)
(563)
(576)
(693)
(686)
(329)
(460)
(476)
(846)
(1 575)
(1 691)
(1 641)
(848)
(516)
(323)
(228)
(448)
(702)
(410)
(569)
(365)
(189)
(637)
(502)
(1 198)
(1 425)
(1 236)
(1 282)
(982)
(914)
(587)
(815)
(1 197)
(1 202)
(1 641)
(1 499)
(1 756)
(1 643)
(1 615)
(1 369)
(513)
(607)
(289)
(471)
(710)
(1 031)
(1 218)
(1 538)
(1 617)
(1 808)
(1 951)
(2 048)
(1 885)
(1 606)
(1 508)
(1 224)
(1 969)
(1 693)
(1 855)
(1 888)
(1 012)
(1 535)
(1 828)
(1 794)
(2 258)
(2 309)
(2 138)
(2 330)
(2 038)
(2 197)
(2 273)
(2 442)
(2 782)
(2 593)
(2 336)
(2 105)
(2 320)
(2 341)
Income from Continuing Operations
2 296
742
564
774
1 078
1 298
711
750
987
1 457
2 813
2 775
2 793
981
(462)
(2 099)
(2 592)
(1 488)
75
1 472
2 815
4 241
4 555
4 422
3 889
3 017
2 999
2 203
1 554
787
451
96
1 467
2 118
2 112
1 811
748
527
436
1 026
827
724
612
1 372
1 789
2 107
3 134
2 800
4 080
3 950
3 751
4 088
2 626
1 945
1 527
2 123
1 314
1 778
183
(2 413)
(1 300)
(961)
1 446
3 410
3 608
3 641
3 078
1 803
(384)
(4 008)
(4 433)
(3 062)
(1 779)
1 336
1 326
910
1 120
4 262
5 967
Income to Minority Interest
(14)
(10)
(20)
(28)
(24)
(40)
(31)
(39)
(29)
(39)
(51)
(51)
(40)
(48)
(36)
(38)
(19)
(37)
(46)
(19)
6
22
17
(13)
(33)
(35)
(29)
(15)
(2)
128
116
101
81
(71)
(65)
(61)
(46)
(42)
(12)
(6)
13
21
(7)
0
(44)
(84)
(114)
(147)
(182)
(257)
(280)
(321)
(369)
(209)
(218)
(227)
(172)
(341)
(280)
(320)
(433)
(278)
(385)
(315)
(53)
(39)
149
239
517
413
363
314
(83)
(90)
(124)
(94)
(70)
(11)
4
Net Income (Common)
2 278
N/A
731
-68%
545
-25%
745
+37%
1 055
+42%
1 256
+19%
682
-46%
710
+4%
959
+35%
1 415
+48%
2 754
+95%
2 722
-1%
2 751
+1%
933
-66%
(504)
N/A
(2 142)
-325%
(2 618)
-22%
(1 531)
+42%
19
N/A
1 441
+7 484%
2 800
+94%
4 248
+52%
4 556
+7%
4 402
-3%
3 854
-12%
2 981
-23%
2 968
0%
2 184
-26%
1 551
-29%
915
-41%
568
-38%
198
-65%
1 548
+682%
2 046
+32%
2 045
0%
1 750
-14%
701
-60%
484
-31%
424
-12%
1 018
+140%
840
-17%
745
-11%
604
-19%
1 371
+127%
1 743
+27%
2 022
+16%
3 019
+49%
2 652
-12%
3 898
+47%
3 691
-5%
3 468
-6%
3 764
+9%
2 255
-40%
1 735
-23%
1 309
-25%
1 896
+45%
1 140
-40%
1 435
+26%
(99)
N/A
(2 735)
-2 663%
(1 734)
+37%
(1 239)
+29%
1 060
N/A
3 094
+192%
3 555
+15%
3 600
+1%
3 226
-10%
2 042
-37%
133
-93%
(3 595)
N/A
(4 069)
-13%
(2 750)
+32%
(1 864)
+32%
1 245
N/A
1 201
-4%
816
-32%
1 049
+29%
4 250
+305%
5 969
+40%
EPS (Diluted)
325.42
N/A
81.22
-75%
60.55
-25%
93.12
+54%
131.87
+42%
157
+19%
85.25
-46%
88.75
+4%
119.87
+35%
176.87
+48%
344.25
+95%
340.25
-1%
343.87
+1%
116.62
-66%
-84
N/A
-306
-264%
-374
-22%
-218.71
+42%
2.37
N/A
180.12
+7 500%
350
+94%
531
+52%
569.5
+7%
550.25
-3%
481.75
-12%
372.62
-23%
371
0%
273
-26%
193.87
-29%
114.37
-41%
71
-38%
24.75
-65%
193.5
+682%
255.75
+32%
255.62
0%
218.75
-14%
87.62
-60%
58.91
-33%
53
-10%
127.25
+140%
105
-17%
90.69
-14%
75.5
-17%
171.37
+127%
217.87
+27%
252.62
+16%
377.37
+49%
331.5
-12%
487.25
+47%
463.69
-5%
433.5
-7%
470.5
+9%
283.33
-40%
217.99
-23%
167.09
-23%
258.72
+55%
158.33
-39%
194.18
+23%
-13.75
N/A
-378.65
-2 654%
-239.66
+37%
-171.54
+28%
146.53
N/A
432.96
+195%
516.64
+19%
515.91
0%
493.72
-4%
312.8
-37%
20.39
-93%
-550.79
N/A
-623.88
-13%
-420.87
+33%
-284.88
+32%
190.51
N/A
183.53
-4%
124.55
-32%
161.03
+29%
653.78
+306%
955.38
+46%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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