Construction · Fiscal year end Mar 31

Takasago Thermal Engineering Co., Ltd.

1969

高砂熱学工業株式会社

FIGI BBG000BKVXG81969.T1969 JPCorp. no. 3010001008749

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-14

For the first half of the fiscal year to 2026-03: Revenue ¥194.5 billion (+21.6% YoY), Ordinary income ¥26.1 billion (+134.5% YoY), Net income ¥20.2 billion (+146.6% YoY).

	This period	Year on year
Revenue	¥194.5bn	+21.6%
Ordinary profit	¥26.1bn	+134.5%
Net profit to owners	¥20.2bn	+146.6%

From the securities report on EDINET, which states no forecast. History via /v1/companies/1969/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥423.9bn
Net income: ¥37.5bn
ROE: 19.2%
Equity ratio: 55.0%
Dividend / share: ¥115
Employees: 7,287

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥423.9bn	¥37.5bn	¥381.8bn	¥215.1bn	19.2%	¥285.73	¥29.7bn
2025-03-31	¥381.7bn	¥27.6bn	¥334.9bn	¥184.3bn	16.0%	¥208.07	¥5.9bn
2024-03-31	¥363.4bn	¥19.6bn	¥340.1bn	¥167.2bn	12.8%	¥147.84	−¥13.1bn
2023-03-31	¥338.8bn	¥12.2bn	¥313.4bn	¥147.2bn	8.9%	¥92.35	¥25.8bn
2022-03-31	¥302.7bn	¥11.5bn	¥300.7bn	¥136.9bn	8.7%	¥84.69	¥1.2bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	19.2	86.6
Ordinary margin	0.1195	75.3
Equity ratio, %	55	49.2
Revenue growth	0.1107	72.1
Net income growth	0.3561	68.5
Operating cash flow / assets	0.0779	59.8

Policy-uncertainty measure0.00 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change 0.00pt in 90 days; 7.6% held by other listed companies.

Results wording balance: +1.00. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥42.4bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥212m, 0.7% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/1969/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-06-18: see filing 上記の評価の結果、2026年3月31日時点において、当社グループの財務報告に係る内部統制は有効であると判断いたしました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Equipment Work, Equipment Manufacturing and Sales, Other. /v1/companies/1969/segments

Latest voting result: 2026-06-25 · 剰余金の処分の件 · passed. /v1/companies/1969/voting

Ownership changes

All companies →

2026-05-22

Below 5%−1.30pt

Capital Research and Management Company cut holdings in Takasago Thermal Engineering Co., Ltd. (1969) to 3.74% from 5.04%, below the 5% threshold.

S100Y5P3Filer profile Original filing (PDF, Japanese)
2025-04-22

New 5% stake

Capital Research and Management Company disclosed a 5.04% stake in Takasago Thermal Engineering Co., Ltd. (1969), crossing the 5% reporting threshold.

S100VNA6Filer profile Original filing (PDF, Japanese)
2024-11-07

Below 5%−1.13pt

The Dai-ichi Life Insurance Company, Limited cut holdings in Takasago Thermal Engineering Co., Ltd. (1969) to 4.46% from 5.59%, below the 5% threshold.

S100UNOUFiler profile Original filing (PDF, Japanese)
2022-04-18

Below 5%−1.00pt

Mitsubishi UFJ Financial Group, Inc. cut holdings in Takasago Thermal Engineering Co., Ltd. (1969) to 4.36% from 5.36%, below the 5% threshold.

S100NVZBFiler profile Original filing (PDF, Japanese)

5% filings

Large shareholding reports on 1969

Filed	Filer	Stake	Change	Stated purpose
2026-05-22	Capital Research and Management Company	3.74%	−1.30pt	pure investment
2025-04-22	Capital Research and Management Company	5.04%	—	pure investment
2024-11-07	The Dai-ichi Life Insurance Company, Limited	4.46%	−1.13pt	pure investment
2022-04-18	Mitsubishi UFJ Financial Group, Inc.	4.36%	−1.00pt	strategic holding

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 34 issues
Book value: ¥43.0bn
Sold in the year: ¥1.0bn 4 issues
Bought in the year: ¥3.0bn 2 issues
Mutual, both reports: 9
Held by listed cos.: 21

Holds	Book value	Shares vs. prior year	Mutual
KANDENKO CO.,LTD. 1942	¥7,726m	0.0%	both reports
Mitsubishi Estate Company, Limited 8802	¥4,407m	0.0%	no
Sumitomo Realty & Development Co.,Ltd. 8830	¥3,241m	+100.0%	both reports
NITTO DENKO CORPORATION 6988	¥3,064m	0.0%	no
ispace, inc. 9348	¥3,043m	+1091.4%	no
Hulic Co.,Ltd. 3003	¥2,434m	0.0%	no
Astellas Pharma Inc. 4503	¥2,357m	0.0%	no
Shochiku Co;Ltd. 9601	¥1,761m	0.0%	both reports
TOHO CO., LTD. 9602	¥1,701m	+400.0%	no
SEIBU HOLDINGS INC. 9024	¥1,576m	0.0%	no

Held by: Shochiku Co;Ltd. 9601, KANDENKO CO.,LTD. 1942, SINKO INDUSTRIES LTD. 6458, TOTECH CORPORATION 9960, FUJI MEDIA HOLDINGS, INC. 4676, OKAYA&CO.,LTD. 7485, IINO KAIUN KAISHA, LTD. 9119, HASHIMOTO SOGYO HOLDINGS CO.,LTD. 7570, HEIWA REAL ESTATE CO.,LTD. 8803, Isetan Mitsukoshi Holdings Ltd. 3099, Sumitomo Realty & Development Co.,Ltd. 8830, NIHON DENGI CO., LTD. 1723 and 9 more

Purposes, all holdings and mutual flags via /v1/companies/1969/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
日本マスタートラスト信託銀行株式会社（信託口）	14,190,000	10.64%
日本生命保険相互会社	9,121,000	6.83%
individual holder	7,299,000	5.47%
高砂熱学従業員持株会	6,286,000	4.71%
individual holder	5,383,000	4.03%
株式会社日本カストディ銀行（信託口）	5,296,000	3.97%
第一生命保険株式会社	4,231,000	3.17%
株式会社京王閣	2,033,000	1.52%
株式会社みずほ銀行	1,815,000	1.36%
三和工業株式会社	1,662,000	1.24%

U.S. funds holding 1969

SEC Form N-PORT, reports to 2026-07-31

71 U.S. funds held 11,913,027 shares worth $351.1m.

Fund	Shares	Value	% of fund	As of
SMALLCAP World Fund Inc SMALLCAP World Fund Inc	5,106,724	$161.6m	0.171%	2026-06-30
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS	1,476,066	$39.1m	0.006%	2026-07-31
VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS	988,402	$31.2m	0.010%	2026-06-30
iShares Core MSCI EAFE ETF iShares Trust	684,900	$18.1m	0.010%	2026-07-31
Transamerica International Small Cap Value TRANSAMERICA FUNDS	505,900	$13.4m	1.582%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/1969
GET /v1/companies/1969/financials
GET /v1/companies/1969/details
GET /v1/companies/1969/segments
GET /v1/companies/1969/voting
GET /v1/companies/1969/tender-offers
GET /v1/companies/1969/indicators
GET /v1/companies/1969/earnings-releases
GET /v1/events?ticker=1969
GET /v1/companies/1969/trades         
GET /v1/companies/1969/cross-holdings 
GET /v1/companies/1969/brief

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