2021, June-7th

Dear All,

Company Name : TOKYO RADIATOR MFG Co., Ltd.

Representative : President and CEO Hisao Ochiai

(Securities Code 7235)

Contact : CORPORATE PLANNING DIV.

EXECUTIVE CORPORATE OFFICER Kazuhiko Yano

(TEL. 0466-87-1231)

Mid-Term Business Plan "TRS Vision-2025" (FY2021 - FY2025) Announcement

TOKYO RADIATOR MFG Co., Ltd. (Headquartered: Fujisawa City, Kanagawa Prefecture, President and CEO Hisao Ochiai) announced the Mid-Term Business Plan "TRS Vision-2025"(FY2021-2025) for growth towards FY2025 and beyond.

We face accelerated trends towards carbon neutrality and major changes in the automobile / industrial machinery market (CASE, etc.).

By prompt and accurate response to these major business environmental changes, we will enhance our current businesses and create new corporate value to achieve sustainable growth under the Mid-Term Business Plan "TRS Vision-2025".

Mid-Term Business Plan "TRS Vision-2025" Financial targets

Consolidated Sales

33.5 billion yen (FY2025) Consolidated Operating Profit 5.0% (FY2025)

TOKYO RADIATOR MFG. CO., LTD.

Mid-Term Business Plan

TRS Vision-2025

FY2021FY2025

2021 June

Securities Code7235

© TOKYO RADIATOR MFG.CO.,LTD.2021. All rights reserved

Table of Contents

  1. Business / Mission
  2. Business Environmental Changes and Business Opportunities
  3. Mid-TermBusiness Plan "TRS Vision-2025"
  4. "Five" Strategies
  5. Capital Policy
  6. ESG / SDGs

2

© TOKYO RADIATOR MFG.CO.,LTD.2021. All rights reserved

1.Business / Mission

3

© TOKYO RADIATOR MFG.CO.,LTD.2021. All rights reserved

Company Profile, Corporate Philosophy, etc.

TRS = TOKYO RADIATOR MFGSeizo. CO., LTD.

A specialized manufacturer of heat exchangers for trucks and industrial construction machinery with a history of more than 80 years

Create new values based on respect for mankind, and

contribute to the realization of an eco-friendly society as a trusted company.

Aspire to be a corporation that delivers the world's best products and continue to grow with all stakeholders.

TOKYO RADIATOR MFG. CO., LTD.

Tokyo Stock Exchange 2nd Section, Securities Code : 7235

Date of

October 15, 193883years since the foundation)

Establishment

Established in Shibaura, Minato-ku, Tokyo.

Paid-in Capital

JPY 1,317.6 million (End of March 2021)

Sales

JPY 25,996 million (FY 2020 ended March 2021)

Representative

President and CEO

Hisao Ochiai

No. of Employees

886Consolidated)(End of March 2021

Address

2002-1 Endo, Fujisawa-City, Kanagawa Prefecture

Overseas Bases

China, Indonesia,

Thailand

4

© TOKYO RADIATOR MFG.CO.,LTD.2021. All rights reserved

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Tokyo Radiator Mfg. Co. Ltd. published this content on 07 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2021 08:02:01 UTC.