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Human Capital Disclosure Assessment

T.RAD Co., Ltd.

7236TSE Prime · Listed · Checked 2026-10-26Transportation Equipment2026-03-31

Assessment Scores

Company coverage reference date: 2026-08-31

Overall Score

44.5 / 100
Scores by Assessment Area and Component
Disclosure Governance14.5 / 20
Human Intangible Assets22.5 / 40
Technical Knowledge6.25 / 10
Skills7.5 / 15
Motivation8.75 / 15
Human Capital Investment Flow7.5 / 40

Overall Disclosure Profile

T.RAD Co., Ltd. provides specialist education supporting heat exchanger development and a development framework based on capability requirements for each organizational level. Alongside focused development during the first 5 years after joining as a new graduate, it provides a learning environment where employees can voluntarily take courses. Career declarations inform discussions with supervisors, placement, and capability development. A stock benefit program also allows employees to share in increases in corporate value.

Improvements in compensation, including trends in average wages for union members, are specifically disclosed. However, specialist capabilities held, capabilities acquired after training, skill use in practical work, and measured employee motivation are not identified. Research and development and production transfers are described as producing improvements, but information on outcomes corresponding to human capital initiatives and their verification is limited.

Scores by Assessment Item

Scores assess disclosures in the Annual Securities Report. A score of zero does not mean that an initiative is not implemented or that employees lack capability.

Scores for each of the 16 assessment items
Disclosure Governance
G1Disclosure of Basic Quantitative Information2 / 5
G2Governance and Risk Management5.0 / 5
G3Human Capital Strategy and Basic Policy3.75 / 5
G4Clarity of Indicators, Targets, and Explanations3.75 / 5
Human Intangible Assets
Technical Knowledge
T1Technical Knowledge Base2.5 / 5
T2Acquisition and Accumulation of Technical Knowledge3.75 / 5
Skills
S1Alignment between Technical Knowledge and Practical Work3.75 / 5
S2Volume of Use and Application0.0 / 5
S3Continued Use and Expansion3.75 / 5
Motivation
M1Mechanisms Supporting Motivation3.75 / 5
M2Track Record of Operation5.0 / 5
M3Employee State and Change0.0 / 5
Human Capital Investment Flow
F1Logic from Investment to Outcomes5.0 / 10
F2Magnitude of Outcomes0.0 / 10
F3Calculation Basis and Use in Planning0.0 / 10
F4Verification of the Relationship2.5 / 10

Assessment History

2025-04-01 – 2026-03-31 · Latest recorded assessment

No earlier assessments are recorded. Comparability across periods has not been confirmed.

Sources & Assessment Scope

Current Company Information

Current name source · Listing status source

Filing Information

Assessment Scope & Disclaimer

This assessment is based solely on information disclosed in the company's Japanese-language Annual Securities Report filed through EDINET.

It does not assess the human capital initiatives a company actually implements or the company's human capital capabilities themselves.

Items for which no disclosure was identified in the Annual Securities Report receive no points, regardless of whether the company actually implements the relevant initiatives.

This English-language assessment is a translation of the original Japanese assessment and is provided for convenience. In the event of any discrepancy, the Japanese assessment prevails.