Takasago Thermal Engineering Co., Ltd. (1969.T)
Tokyo, JP
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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -5.59% | -1.84% | +2.25% | -10.86% | -4.20% | +0.97% | +40.26% | +284.74% | +453.68% | +583.54% | +1,033.33% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 3 | 0 |
| Hold | 3 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
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)
* 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.
| 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
|
| 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
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| 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 | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 1969.T
Short-term intention
Target Price Distribution
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.

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