Takasago Thermal Engineering Co., Ltd.

1969.T
Building Products & Equipment
2026/10/09 12:26 Updated
Market Cap: $3.6B (¥574.2B)
Stock Price: $27.78 (¥4,388)
Exchange Rate: 1 USD = ¥157.98

Stock Price Chart

2026/10/09 12:26 Updated
15.38
PER (Price Earnings Ratio)
vs Industry Avg: +5.8
2.77
PBR (Price to Book Ratio)
vs Industry Avg: +1.5
2.87%
Dividend Yield
vs Industry Avg: -0.08%

Price Trend

2026/10/09 12:26 Updated
Short-term
5-Day MA
-3.49%
Near-term
25-Day MA
-2.54%
Mid-term
75-Day MA
-2.35%
Long-term
200-Day MA
-3.21%

Price & Trading Details

2026/10/09 12:26 Updated

PRICE

Previous Close ¥4,412
Open ¥4,404
High ¥4,420
Low ¥4,373
Close ¥4,388

TRADING

Volume 221,400
Average Volume 595,195
Turnover ¥10億
Min. Purchase ¥438,800

Analyst Recommendations 6 analysts

Updated 2026/10/01
Strong Buy
1
1
Buy
4
4
Hold
1
1
Sell
0
Strong Sell
0
Target Price (Mean)
¥5,975
None
¥6,900
High
¥5,950
Median
¥5,250
Low
+32% 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.

Earnings Calendar

Updated 2026/10/01
NOV
13
2026
Next Earnings Release
Q4 FY2026
34days

Recent Earnings

Date EPS Est. EPS Actual Surprise
2020/06/12 ¥30.20 ¥27.05 -10.4%
2019/02/07 ¥20.35 ¥22.66 +11.4%
2018/11/07 ¥21.05 ¥19.90 -5.5%
2018/08/06 ¥12.90 ¥7.48 -42.1%

Shareholder Composition

Updated 2026/10/01
19.0%
Insider Holdings
35.9%
Institutional
45.1%
Public Float
126
Institutional Holders
Insider Holdings 19.0%
Institutional 35.9%
Public Float 45.1%

Top Mutual Funds / ETFs

Updated 2026/10/01

Major Holders

Updated 2026/10/01
Fund Name Ownership Shares Change
SmallCap World Fund Inc
3.64%
5.1M 0.00%
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
1.05%
1.5M +0.54%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.70%
988.4K +0.49%
iShares Trust-iShares Core MSCI EAFE ETF
0.49%
684.9K +0.48%
TRANSAMERICA FUNDS-Transamerica International Small Cap Value
0.36%
505.9K 0.00%
iShares Trust-iShares MSCI EAFE Small-Cap ETF
0.24%
334.1K -8.74%

Dividend History 4Years Growth

Updated 2026/10/04
-%
Dividend Yield
¥133
Annual Dividend
+41.5%
YoY Growth
51.4%
Payout Ratio
Year Dividend Change
2026 ¥133 +41.5%
2025 ¥94 +20.5%
2024 ¥78 +119.7%
2023 ¥36 +16.4%
2022 ¥31 -

Financial Performance

2026/10/04 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

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 7,287

About

Takasago Thermal Engineering Co., Ltd. designs and constructs air conditioning systems in Japan and internationally. It also offers production, storage, and utilization system for green hydrogen; clean booths for medical use; MAT, a total system for measurement, analysis, and evaluation; wall outlet type and clean rooms air conditioning systems; chemical washers; dehumidifier; ice making machines; and aluminum refrigerant piping 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. The company 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 Shinjuku, Japan.

Data provided by Yahoo Finance