Tokyo Radiator Manufacturing Hits Day High with 10.71% Surge

Tokyo Radiator Manufacturing Co., Ltd. has experienced significant activity today, with the stock surging by 10.71% as it reached an intraday high of JPY 1,405.00. This performance stands in stark contrast to the Japan Nikkei 225, which declined by 1.74% on the same day. Over the past week, Tokyo Radiator has shown a robust increase of 12.06%, while its one-year performance reflects an impressive gain of 95.62%. The company has consistently outperformed the Nikkei 225 across various time frames, including a remarkable 127.05% increase over three years and 182.65% over five years. Financially, Tokyo Radiator demonstrates a strong ability to manage its debt, evidenced by a healthy EBIT to Interest ratio of 44.49. The company has also reported a significant drop in raw material costs, down 29.47% year-over-year, contributing to its solid financial standing. With a market capitalization of JPY 17,914 million, the company operates within the auto components and equipment industry, showcasing a price-to-earnings ratio of 8.00 and a return on equity of 8.90%.