In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as T.RAD has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

TSE:7236 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	162,278	8,765	4,908	12,558	N/A
12/31/2025	163,473	9,963	6,056	12,358	N/A
9/30/2025	157,702	7,622	6,649	11,655	N/A
6/30/2025	160,022	5,969	4,961	11,214	N/A
3/31/2025	159,235	4,250	2,277	7,563	N/A
12/31/2024	150,368	1,049	6,319	12,741	N/A
9/30/2024	157,478	816	3,452	10,371	N/A
6/30/2024	158,436	1,201	8,903	15,349	N/A
3/31/2024	158,659	1,245	9,762	16,968	N/A
12/31/2023	155,183	-1,864	3,257	10,094	N/A
9/30/2023	155,623	-2,750	1,574	8,300	N/A
6/30/2023	152,417	-4,069	-3,420	3,097	N/A
3/31/2023	149,413	-3,595	-2,470	4,376	N/A
12/31/2022	152,029	133	-1,764	5,060	N/A
9/30/2022	142,022	2,042	-92	6,411	N/A
6/30/2022	136,260	3,226	145	6,244	N/A
3/31/2022	133,581	3,600	1,450	7,262	N/A
12/31/2021	131,394	3,555	2,521	8,742	N/A
9/30/2021	129,852	3,094	4,697	10,908	N/A
6/30/2021	120,671	1,060	3,429	9,707	N/A
3/31/2021	113,046	-1,239	1,653	7,475	N/A
12/31/2020	113,059	-1,734	921	6,791	N/A
9/30/2020	113,192	-2,735	-1,852	4,545	N/A
6/30/2020	121,718	-99	-4,674	2,630	N/A
3/31/2020	130,524	1,435	-4,907	3,093	N/A
12/31/2019	130,284	1,140	N/A	3,941	N/A
9/30/2019	134,645	1,896	N/A	4,980	N/A
6/30/2019	136,682	1,309	N/A	8,967	N/A
3/31/2019	136,125	1,735	N/A	8,558	N/A
12/31/2018	136,878	2,255	N/A	8,766	N/A
9/30/2018	133,154	3,764	N/A	7,753	N/A
6/30/2018	128,752	3,468	N/A	8,358	N/A
3/31/2018	124,490	3,691	N/A	9,202	N/A
12/31/2017	123,811	3,898	N/A	7,950	N/A
9/30/2017	116,895	2,652	N/A	10,175	N/A
6/30/2017	111,432	3,019	N/A	7,877	N/A
3/31/2017	107,608	2,022	N/A	6,693	N/A
12/31/2016	100,248	1,743	N/A	7,727	N/A
9/30/2016	100,619	1,371	N/A	5,293	N/A
6/30/2016	102,876	604	N/A	5,789	N/A
3/31/2016	102,132	745	N/A	4,958	N/A
12/31/2015	105,775	840	N/A	4,411	N/A
9/30/2015	106,816	1,018	N/A	4,586	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 7236's forecast earnings growth is above the savings rate (0.8%).

Earnings vs Market: Insufficient data to determine if 7236's earnings are forecast to grow faster than the JP market

High Growth Earnings: Insufficient data to determine if 7236's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 7236's revenue is forecast to grow faster than the JP market.

High Growth Revenue: Insufficient data to determine if 7236's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 7236's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/12 14:41
End of Day Share Price	2026/07/10 00:00
Earnings	2026/03/31
Annual Earnings	2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

T.RAD Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

T.RAD Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

T.Rad Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2026

Recent updates

New minor risk - Market cap size

T.RAD Co., Ltd. to Report Q1, 2027 Results on Aug 03, 2026

Investor sentiment improves as stock rises 32%

New major risk - Share price stability

Full year 2026 earnings released: EPS: JP¥1,477 (vs JP¥654 in FY 2025)

T.RAD Co., Ltd., Annual General Meeting, Jun 29, 2026

T.RAD Co., Ltd. to Report Fiscal Year 2026 Results on Apr 27, 2026

Now 20% undervalued

Upcoming dividend of JP¥160 per share

Now 21% undervalued

T.RAD's (TSE:7236) Dividend Will Be ¥160.00

T.RAD Co., Ltd. (TSE:7236) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable

Third quarter 2026 earnings released: EPS: JP¥478 (vs JP¥66.62 in 3Q 2025)

Investor sentiment improves as stock rises 18%

High number of new and inexperienced directors

T.RAD's (TSE:7236) Dividend Will Be ¥160.00

T.RAD Co., Ltd. Appoints Hisashi Fujii as Provisional Audit & Supervisory Board Member, Effective January 5, 2026

T.RAD (TSE:7236) Has Announced A Dividend Of ¥160.00

First half dividend of JP¥160 announced

T.RAD Co., Ltd. to Report Q3, 2026 Results on Feb 02, 2026

Investor sentiment improves as stock rises 17%

Even With A 28% Surge, Cautious Investors Are Not Rewarding T.RAD Co., Ltd.'s (TSE:7236) Performance Completely

Second quarter 2026 earnings released: EPS: JP¥328 (vs JP¥46.41 in 2Q 2025)

Upcoming dividend of JP¥120 per share

T.RAD's (TSE:7236) Dividend Will Be ¥120.00

Investor sentiment improves as stock rises 15%

New major risk - Share price stability

T.RAD Co., Ltd. (TSE:7236) announces an Equity Buyback for 350,000 shares, representing 5.91% for ¥2,000 million.

T.RAD (TSE:7236) Has Announced A Dividend Of ¥120.00

T.RAD Co., Ltd. to Report Q2, 2026 Results on Nov 04, 2025

Investor sentiment improves as stock rises 35%

T.RAD's (TSE:7236) Dividend Will Be ¥120.00

T.RAD Co., Ltd. (TSE:7236) Stock Rockets 43% But Many Are Still Ignoring The Company

First quarter 2026 earnings released: EPS: JP¥342 (vs JP¥63.88 in 1Q 2025)

T.Rad Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2026

T.RAD (TSE:7236) Will Pay A Dividend Of ¥120.00

T.RAD (TSE:7236) Will Pay A Dividend Of ¥120.00

Final dividend increased to JP¥120

T.RAD Co., Ltd. (TSE:7236) announces an Equity Buyback for 78,000 shares, representing 1.26% for ¥345.93 million.

Full year 2025 earnings released: EPS: JP¥654 (vs JP¥191 in FY 2024)

T.RAD Co., Ltd. to Report Q1, 2026 Results on Aug 04, 2025

T.RAD Co., Ltd. (TSE:7236) Soars 32% But It's A Story Of Risk Vs Reward

We Like The Quality Of T.RAD's (TSE:7236) Earnings

Investor sentiment improves as stock rises 22%

T.RAD Co., Ltd. (TSE:7236) announces an Equity Buyback for 500,000 shares, representing 7.87% for ¥2,000 million.

Full year 2025 earnings released: EPS: JP¥654 (vs JP¥191 in FY 2024)

T.RAD Co., Ltd., Annual General Meeting, Jun 24, 2025

T.RAD (TSE:7236) Might Have The Makings Of A Multi-Bagger

Investor sentiment improves as stock rises 17%

T.RAD Co., Ltd.'s (TSE:7236) Share Price Is Still Matching Investor Opinion Despite 30% Slump

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 19%

Upcoming dividend of JP¥90.00 per share

T.RAD Co., Ltd. to Report Fiscal Year 2025 Results on May 12, 2025

Third quarter 2025 earnings released: EPS: JP¥66.62 (vs JP¥30.72 in 3Q 2024)

New minor risk - Shareholder dilution

T.RAD Co., Ltd. to Report Q3, 2025 Results on Feb 03, 2025

Shareholders Will Be Pleased With The Quality of T.RAD's (TSE:7236) Earnings

Second quarter 2025 earnings released: EPS: JP¥46.40 (vs JP¥105 in 2Q 2024)

T.RAD Co., Ltd. (TSE:7236) announces an Equity Buyback for 350,000 shares, representing 5.32% for ¥1,000 million.

Upcoming dividend of JP¥90.00 per share

New major risk - Financial data availability

T.RAD Co., Ltd. to Report Q2, 2025 Results on Nov 05, 2024

First quarter 2025 earnings released: EPS: JP¥63.88 (vs JP¥70.84 in 1Q 2024)

Now 38% overvalued

Not Many Are Piling Into T.RAD Co., Ltd. (TSE:7236) Stock Yet As It Plummets 27%

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 29%

Full year 2024 earnings released: EPS: JP¥191 (vs JP¥551 loss in FY 2023)

T.RAD Co., Ltd. to Report Q1, 2025 Results on Aug 05, 2024

We Think T.RAD's (TSE:7236) Profit Is Only A Baseline For What They Can Achieve

Full year 2024 earnings released: EPS: JP¥190 (vs JP¥551 loss in FY 2023)

T.RAD Co., Ltd., Annual General Meeting, Jun 25, 2024

T.RAD Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024