Takasago Thermal Engineering Co.,Ltd. [1969.T]
TOKYO, May 12 (Pulse News Wire) – Takasago Thermal Engineering CO.,LTD. (1969.T) reported record revenue and profits for the fiscal year ended March 2025.
Consolidated revenue reached ¥506 billion, up 11.1%, while operating profit surged 47.3% to ¥50.00 billion compared to the previous fiscal year. The company also achieved its highest-ever backlog of orders, totaling ¥460 billion, marking a 10.6% increase year-over-year. In addition to robust domestic performance, overseas subsidiaries contributed significantly to the growth, particularly in Southeast Asia and the Middle East. The firm's focus on productivity improvements and cost efficiency measures played key roles in achieving these milestones.
Looking ahead, the company forecasts continued growth, targeting another record-breaking year in fiscal 2026 with planned investments aimed at sustaining long-term value creation. For shareholder returns, Takasago Thermal Engineering revised its dividend payout plan, increasing the annual dividend per share to ¥123 from ¥115 previously. The board plans to finalize the dividend distribution at the upcoming ordinary shareholders’ meeting scheduled for June 30, 2025. Additionally, the company intends to maintain a progressive dividend policy, aiming for a payout ratio around 40%.
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