Takasago Thermal Engineering Co., Ltd.

1969.T
Building Products & Equipment
2026/01/16 Updated
Market Cap: $4.0B (¥628.5B)
Stock Price: $30.31 (¥4,803)
Exchange Rate: 1 USD = ¥158.48

Stock Price Chart

2026/01/16 Updated
16.00
PER (Price Earnings Ratio)
vs Industry Avg: +6.4
3.28
PBR (Price to Book Ratio)
vs Industry Avg: +2.0
2.19%
Dividend Yield
vs Industry Avg: -0.76%

Price Trend

2026/01/16 Updated
Short-term
5-Day MA
+0.76%
Near-term
25-Day MA
+5.15%
Mid-term
75-Day MA
+8.59%
Long-term
200-Day MA
+25.00%

Price & Trading Details

2026/01/16 Updated

PRICE

Previous Close ¥4,827
Open ¥4,811
High ¥4,890
Low ¥4,797
Close ¥4,803

TRADING

Volume 373,500
Average Volume 519,008
Turnover ¥18億
Min. Purchase ¥480,300

Analyst Recommendations 6 analysts

Updated 2026/01/11
Strong Buy
0
Buy
3
3
Hold
3
3
Sell
0
Strong Sell
0
Target Price (Mean)
¥4,592
None
¥5,700
High
¥4,950
Median
¥2,750
Low
+2% vs Current Price
This information is based on market data from third-party data providers and is for reference only. Investment decisions are your own responsibility.

Shareholder Composition

Updated 2026/01/11
17.5%
Insider Holdings
34.8%
Institutional
47.7%
Public Float
109
Institutional Holders
Insider Holdings 17.5%
Institutional 34.8%
Public Float 47.7%

Major Holders

Updated 2026/01/11
Institution Ownership Shares Change
SmallCap World Fund Inc
4.13%
5.8M -17.31%
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.05%
1.5M -1.65%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.67%
936.1K +0.53%
AMERICAN FUNDS INSURANCE SERIES-Global Small Capitalization Fund
0.60%
840.5K -23.62%
TRANSAMERICA FUNDS-Transamerica International Small Cap Value
0.47%
659.0K +3.36%
iShares Trust-iShares Core MSCI EAFE ETF
0.46%
641.2K +4.69%

Dividend History 4Years Growth

Updated 2026/01/11
-%
Dividend Yield
¥94
Annual Dividend
+20.5%
YoY Growth
45.2%
Payout Ratio
Year Dividend Change
2025 ¥94 +20.5%
2024 ¥78 +119.7%
2023 ¥36 +16.4%
2022 ¥31 +7.0%
2021 ¥29 -

Financial Performance

2026/01/11 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2022 2023 2024 2025
Income Statement
Revenue ¥302,746M ¥338,831M ¥363,366M ¥381,661M
Gross Profit ¥41,396M ¥46,363M ¥59,947M ¥71,646M
Operating Income ¥14,040M ¥14,910M ¥23,804M ¥32,012M
Pretax Income ¥16,963M ¥17,130M ¥27,341M ¥37,777M
Net Income ¥11,535M ¥12,227M ¥19,612M ¥27,631M
EPS ¥84.69 ¥92.34 ¥147.84 ¥208.07
Operating Margin 4.64% 4.40% 6.55% 8.39%
Balance Sheet
Total Assets ¥300,736M ¥313,391M ¥340,106M ¥334,949M
Total Equity ¥132,896M ¥142,469M ¥164,354M ¥180,666M
Total Liabilities ¥167,840M ¥170,922M ¥175,752M ¥154,283M
Cash ¥56,960M ¥72,317M ¥53,298M ¥47,647M
Interest-bearing Debt ¥33,058M ¥29,815M ¥39,133M ¥37,737M
Equity Ratio 44.19% 45.46% 48.32% 53.94%
D/E Ratio 0.25 0.21 0.24 0.21
Cash Flow
Operating CF ¥1,186M ¥25,826M -¥13,100M ¥5,885M
Investing CF ¥1,042M -¥5,427M -¥8,103M -¥1,405M
Financing CF -¥8,007M -¥8,325M -¥491M -¥12,713M
Free CF -¥1,825M ¥20,778M -¥16,447M ¥1,548M
Efficiency
ROE 8.68% 8.58% 11.93% 15.29%
ROA 3.84% 3.90% 5.77% 8.25%

Latest IR Information

  • No IR information found for this company.

    Searched stock code: 1969

Company Information

English Name Takasago Thermal Engineering Co., Ltd.
Japanese Name 高砂熱学工業(株)
Stock Code 1969.T (JPX)
Sector / Industry Industrials / Building Products & Equipment
Employees 5,858

About

Takasago Thermal Engineering Co., Ltd. designs, constructs, manufactures, sells, and installs heating, ventilation, and air conditioning (HVAC) systems in Japan and internationally. It also offers cleanrooms and associated equipment and devices; clean booths; MAT, a total system for measurement, analysis, and evaluation; district heating and cooling facilities; and air conditioning, sanitation, co-generation, electrical, instrumentation and communication, equipment and failure diagnosis, and dehumidifying/drying systems. In addition, the company provides datacenter operation measures service; dry room technology; GDoc BA, a smart monitoring and control systems; GDoc DHC, an automatic heat source control systems for large thermal storage tank facilities; GDoc premium, a real-time control system; GODA Cloud, a data collection and analysis tool; and swirling induction type HVAC and clean dry air supply systems. Further, it is involved in the construction works; chemical washer; sells solar power generation systems; produces and supplies hydrogen; business process outsourcing, insurance agency business, product sales business, and green air business; and worker dispatch, security, cleaning, energy supply, power generation, and water treatment businesses. Additionally, the company engages in the purchase and sale, brokerage, lease, and management of real estate; business related to greenhouse gas emission rights trading; and consulting, energy saving, and environmental measures services; converting to environmentally friendly energy, and community development through locally produced energy for local consumption; and manufacture, sale, import, and export of machinery, equipment, and various materials. Takasago Thermal Engineering Co., Ltd. was formerly known as Takasago Heating Works Co., Ltd. and changed its name to Takasago Thermal Engineering Co., Ltd. in 1943. The company was incorporated in 1923 and is headquartered in Tokyo, Japan.

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