Subscribe

Takasago Thermal Engineering Co., Ltd. (1969.T)

JPY4,625.00 -19.00 (-0.41%)
JP JPX Industrials Construction
Address Shinjuku East Side Square 160-0022
Tokyo, JP
CEO Kazuhito Kojima
IPO 2001-01-01
ISIN JP3455200000

Explore sections of this company profile

Description

Takasago Thermal Engineering Co., Ltd., a Tokyo-based company established in 1923 and known as Takasago Heating Works Co., Ltd. until its 1943 rebranding, operates globally in the specialized field of thermal engineering. The company provides a full spectrum of services for heating, ventilation, and air conditioning (HVAC) systems, encompassing design, construction, manufacturing, sales, and installation. Its comprehensive offerings extend beyond conventional HVAC to include advanced cleanroom technologies and their related equipment, as well as large-scale district heating and cooling infrastructure. Takasago also delivers various specialized systems, such as air conditioning, plumbing, sanitary, co-generation, electrical, instrumentation, communication, equipment diagnosis, and dehumidification/drying solutions. The company is adept at developing high-precision HVAC systems for critical environments, including nuclear energy facilities, and implements innovative thermal management solutions like waste vacuum transfer, exhaust heat recovery, heating, cooling, refrigeration, and freezing systems. Furthermore, it leverages technological tools such as GODA Cloud for data collection and analysis, alongside proprietary swirling induction HVAC and clean dry air supply systems. Beyond its core engineering expertise, Takasago Thermal Engineering engages in a diverse array of complementary businesses. These include general construction, staffing, security, cleaning, energy supply and generation, and water treatment services. The company is also active in the real estate market, handling purchase, sale, brokerage, leasing, and property management. Additionally, it participates in greenhouse gas emission rights trading, offers consulting for energy conservation and environmental strategies, and is involved in the manufacturing, sales, import, and export of a wide range of machinery, equipment, and materials.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
JPY4,625.00 -19.00 (-0.41%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
706.4K
Beta
0.44
Float Shares
83.02M
Free Float %
63.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.59% -1.84% +2.25% -10.86% -4.20% +0.97% +40.26% +284.74% +453.68% +583.54% +1,033.33%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4,625.00
DCF (Unlevered) 13,917.23 +200.9%
DCF (Levered) 2,422.94 -47.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 3 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.84
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
2 / 5
Medium
Operational MOAT
✓ MOAT relativo
  • Revenue growth Construction: +2.5%
    +11.1% Q1'26: +1.2% (vs Q1'25)
  • EPS growth Construction: +11.1%
    +37.3% Q1'26: -42.7% (vs Q1'25)
  • FCF margin FCF growth · Construction: +30.9%
    +5.1% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Construction: +8.5%
    +11.2% Q1'26: +6.3% (vs Q1'25)
  • ROIC Construction: +6.4%
    +16.3% Q1'26: +9.1% (vs Q1'25)
  • Share dilution Construction: +0.4%
    -1.3% Q1'26: -1.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Construction: 0.05×
    0.83× Q1'26: 1.25× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.21) × ERP
WACC = 94% × Ke + 6% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 13,917.23 Current price: 4,625.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
6 Rev. Ana.
6 EPS Ana.
Mar 2027
6 Rev. Ana.
6 EPS Ana.
Mar 2028
5 Rev. Ana.
5 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
243.58B
est: 246.83B (-1.3%)
251.29B
est: 257.07B (-2.2%)
260.20B
est: 257.40B (+1.1%)
289.93B
est: 288.75B (+0.4%)
319.83B
est: 306.00B (+4.5%)
320.89B
est: 322.65B (-0.5%)
275.18B
est: 272.62B (+0.9%)
302.75B
est: 298.58B (+1.4%)
338.83B
est: 340.53B (-0.5%)
363.37B
est: 355.54B (+2.2%)
381.66B
est: 376.18B (+1.5%)
420.70B
385.88B – 428.48B
+11.8% YoY
436.20B
388.95B – 449.53B
+3.7% YoY
457.50B
407.94B – 471.48B
+4.9% YoY
480.00B
428.00B – 494.67B
+4.9% YoY
500.00B
445.84B – 515.28B
+4.2% YoY
EBITDA
9.61B
est: 18.32B (-47.5%)
11.41B
est: 19.08B (-40.2%)
14.44B
est: 19.10B (-24.4%)
18.21B
est: 21.43B (-15.0%)
20.00B
est: 22.71B (-11.9%)
20.81B
est: 23.94B (-13.1%)
16.68B
est: 20.23B (-17.6%)
18.90B
est: 22.16B (-14.7%)
19.61B
est: 25.27B (-22.4%)
30.07B
est: 69.96B (-57.0%)
41.07B
est: 74.02B (-44.5%)
82.78B
75.93B – 84.31B
+11.8% YoY
85.83B
76.53B – 88.45B
+3.7% YoY
90.02B
80.27B – 92.77B
+4.9% YoY
94.45B
84.22B – 97.34B
+4.9% YoY
98.38B
87.73B – 101.39B
+4.2% YoY
EBIT
8.80B
est: 16.53B (-46.8%)
10.50B
est: 17.22B (-39.0%)
13.63B
est: 17.24B (-20.9%)
17.38B
est: 19.34B (-10.1%)
18.98B
est: 20.50B (-7.4%)
19.33B
est: 21.61B (-10.5%)
14.95B
est: 18.26B (-18.1%)
16.96B
est: 20.00B (-15.2%)
17.13B
est: 22.81B (-24.9%)
27.34B
est: 65.88B (-58.5%)
37.78B
est: 69.71B (-45.8%)
77.96B
71.50B – 79.40B
+11.8% YoY
80.83B
72.07B – 83.30B
+3.7% YoY
84.77B
75.59B – 87.37B
+4.9% YoY
88.94B
79.31B – 91.66B
+4.9% YoY
92.65B
82.61B – 95.48B
+4.2% YoY
Net Income
5.20B
est: 9.94B (-47.7%)
6.65B
est: 5.97B (+11.4%)
8.67B
est: 7.35B (+17.9%)
11.80B
est: 9.81B (+20.3%)
12.61B
est: 10.98B (+14.9%)
13.23B
est: 12.64B (+4.7%)
10.12B
est: 8.77B (+15.4%)
11.54B
est: 10.58B (+9.1%)
12.23B
est: 11.70B (+4.5%)
19.61B
est: 36.90B (-46.8%)
27.63B
est: 23.73B (+16.4%)
37.47B
27.36B – 41.13B
+57.9% YoY
36.72B
28.59B – 42.90B
-2.0% YoY
42.50B
38.41B – 48.09B
+15.8% YoY
46.90B
41.82B – 50.61B
+10.4% YoY
53.35B
45.84B – 55.47B
+13.7% YoY
SGA
19.98B
est: 6.64B (+200.8%)
20.09B
est: 6.92B (+190.3%)
21.58B
est: 6.93B (+211.5%)
23.03B
est: 7.77B (+196.3%)
24.52B
est: 8.24B (+197.6%)
24.65B
est: 8.69B (+183.8%)
23.71B
est: 7.34B (+223.1%)
26.13B
est: 8.04B (+225.1%)
29.31B
est: 9.17B (+219.7%)
33.67B
est: 32.91B (+2.3%)
36.64B
est: 34.82B (+5.2%)
38.95B
35.72B – 39.67B
+11.8% YoY
40.38B
36.01B – 41.61B
+3.7% YoY
42.35B
37.76B – 43.65B
+4.9% YoY
44.43B
39.62B – 45.79B
+4.9% YoY
46.29B
41.27B – 47.70B
+4.2% YoY
EPS
34.64
est: 74.83 (-53.7%)
44.70
est: 44.93 (-0.5%)
58.91
est: 55.37 (+6.4%)
80.20
est: 73.90 (+8.5%)
86.64
est: 82.65 (+4.8%)
93.24
est: 95.15 (-2.0%)
72.77
est: 66.03 (+10.2%)
84.68
est: 79.65 (+6.3%)
92.34
est: 89.08 (+3.7%)
147.83
est: 296.35 (-50.1%)
208.07
est: 190.58 (+9.2%)
286.82
208.60 – 313.65
+50.5% YoY
295.85
218.00 – 327.16
+3.1% YoY
326.38
292.91 – 366.72
+10.3% YoY
371.20
318.93 – 385.95
+13.7% YoY
406.80
349.51 – 422.96
+9.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 3/5 5/5 5/5 3/5 4/5 2/5
2026-05-11 A 4/5 3/5 5/5 5/5 3/5 4/5 2/5
2026-05-08 A- 4/5 3/5 5/5 5/5 2/5 4/5 2/5
2026-05-07 A- 4/5 3/5 5/5 5/5 2/5 4/5 2/5
2026-05-01 A 4/5 3/5 5/5 5/5 2/5 4/5 3/5
2026-04-30 A 4/5 3/5 5/5 5/5 2/5 4/5 3/5
2026-04-28 A- 4/5 3/5 5/5 5/5 2/5 4/5 2/5
2026-04-27 A- 4/5 3/5 5/5 5/5 2/5 4/5 2/5
2026-04-24 A- 4/5 3/5 5/5 5/5 2/5 4/5 2/5
2026-04-23 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-04-22 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-04-21 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-04-20 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-04-17 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-04-16 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-04-15 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.72B
OE per share TTM
20.55
Owner's Yield
0.46%
Maintenance CapEx ratio
4.08%
Maint CapEx / Avg PPE
6.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
8.43M
Shares Outstanding
130.86M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kazuhito Kojima President, Chief Executive Officer & Representative Director 120M male
Hiroshi Kubota EVP, CEO of Sales & Marketing Headquarters and Representative Director 71M male
Tadashi Kamiya Chief Executive Officer of Technical Engineering Headquarters, Senior Managing Executive Officer & Director 64M male
Masatoshi Morino Executive Officer, GM of Finance & Investor Relations Department and Director male
Motokazu Furuya Executive Officer & Domestic Group Division
Naoki Tayama Executive Officer & GM of Human Resources Development Division
Takahiro Akamatsu Managing Executive Officer & Kansai Branch Manager
Takashi Watanabe Managing Executive Officer & Manager of Kanshinetsu Branch
Fumiaki Tamura Managing Executive Officer, Deputy CEO of Tech. Engineering HQ & GM of First Class Architect Office
Yoshito Ikeda Executive Officer & Chief Executive Officer of International Business Headquarter
Ichiro Yamamoto Executive Officer and Chief Executive Officer of Research & Development Headquarters
Jun Tanaka Executive Officer & Special Business Project Manager
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits