Overview
Machinery

TAKUMA CO.,LTD.

Takuma is a plant engineering company specializing in environmental and energy infrastructure, offering municipal solid waste treatment plants, water treatment plants, and energy plants including biomass power generation. The company provides comprehensive services from initial concept through construction and long-term after-service, including operations management, maintenance, facility renovation, and new power supply businesses. With a domestic No.1 position in municipal waste treatment plant deliveries (over 370 projects worldwide) and over 650 biomass plants delivered globally, Takuma serves municipalities and industrial clients seeking stable, long-life environmental and energy solutions.

Market Cap
US$1.44B
¥230B
EV
US$920M
¥147B
StockUS$19.91(¥3,180)▲+0.63%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
6.5
x
LTM EV/EBIT
7.2
x
LTM PER
12.9
x
LTM PBR
2.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+14.8%pt
100123
Nov 13, 25 – Nov 13, 26StockTOPIX
1Feb 16, 26Q3 FY2026/03 earnings announced; Full-year guidance revised
2Aug 7, 26Q1 FY2027/03 earnings announced
3Nov 12, 26Q2 FY2027/03 earnings announced
MC → EV Bridge
US$1.44B¥230BMarket CapUS$1.58M¥0.25B+ DebtUS$348M¥55.6B− CashUS$181M¥28.9B− Inv. Sec.US$6.35M¥1.01B+ NCIUS$920M¥147BEV
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Performance & Balance
Revenue 5Y (US$)
US$840M¥134B'22/3US$893M¥143B'23/3US$934M¥149B'24/3US$947M¥151B'25/3US$1.04B¥166B'26/3
EBITDA 5Y (US$)
US$68.2M¥10.9B'22/3US$93.6M¥14.9B'23/3US$75.3M¥12.0B'24/3US$96.8M¥15.5B'25/3US$109M¥17.4B'26/3
Net Income 5Y (US$)
US$46.5M¥7.43B'22/3US$60.2M¥9.62B'23/3US$54.8M¥8.75B'24/3US$65.1M¥10.4B'25/3US$86.0M¥13.7B'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$376M¥60.0BUS$1.88M¥0.30B'22/3US$523M¥83.5BUS$1.38M¥0.22B'23/3US$438M¥69.9BUS$4.72M¥0.75B'24/3US$385M¥61.5BUS$75.9M¥12.1B'25/3US$409M¥65.4BUS$5.44M¥0.87B'26/3
Business Segments
2026/03 · US$ (¥B)
76%
Domestic environment and energy
Revenue
US$795M(¥127B)
Segment profit
US$97.8M(¥15.6B)12.3%
16%
Package boiler
Revenue
US$168M(¥26.8B)
Segment profit
US$11.5M(¥1.84B)6.9%
5.1%
Equipment and system business
Revenue
US$53.4M(¥8.52B)
Segment profit
US$6.56M(¥1.05B)12.3%
2.2%
Overseas environment and energy
Revenue
US$22.8M(¥3.64B)
Segment profit
US$0.64M(¥0.10B)2.8%
Adjustments
Revenue
-US$2.01M(¥-0.32B)
Segment profit
-US$20.1M(¥-3.21B)
No segment changes in the last 5 years
Shareholders
Top 10 hold 44.0%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.92%
2
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
6.64%
3
Custody Bank of Japan, Ltd. (Trust Account)
4.91%
4
Mizuho Trust & Banking Co., Ltd. (Retirement Benefit Trust, Mizuho Bank, Ltd. Account; Re-trustee: Custody Bank of Japan, Ltd.)
4.82%
5
Hikari Tsushin, Inc. Investment Limited Liability Partnership
4.03%
6
Nippon Life Insurance Company
3.50%
7
Takuma Kyoeikai
3.01%
8
Custody Bank of Japan, Ltd. (Trust Account 4)
2.40%
9
JPMorgan Securities Japan Co., Ltd.
2.00%
10
Chuo-Nittochi Co., Ltd.
1.82%
Management
10 officers
Kuniaki HAMADA
Representative Director, President and Executive Officer
Joined the Company Jul 1990 Appointed Executive Officer Apr 2018 Deputy General Manager of Corporate Planning Division and General Manager of Planning Department Apr 2018 General Manager of Corporate Planning Division Apr 2021 Appointed Director Jun 2021 Appointed Managing Executive Officer Apr 2022 Appointed Representative Director, President and Executive Officer Apr 2025 (current)
1965-02-09
Hiroaki NANJO
Director, Chairman and Executive Officer
Joined the Company Apr 1982 Appointed Executive Officer Apr 2013 General Manager of Project Center, Engineering Division Apr 2014 Appointed Director Jun 2015 Appointed Managing Executive Officer Apr 2016 General Manager of Engineering Division and General Manager of Management Center Apr 2016 Appointed Senior Managing Executive Officer Apr 2018 Appointed Representative Director, President and Executive Officer Apr 2019 Appointed Director, Chairman and Executive Officer Apr 2025 (current)
1959-11-21
Takeshi NISHIYAMA
Director, Executive Vice President and Executive Officer, General Manager of Sales Division and General Manager of Business Management Division
Joined the Company Apr 1985 Appointed Executive Officer Apr 2015 General Manager of Corporate Planning Division Apr 2016 Appointed Director Jun 2016 (current) Appointed Managing Executive Officer Apr 2018 Appointed Senior Managing Executive Officer Apr 2019 General Manager of Sales Division and General Manager of Business Management Division Apr 2019 (current) Appointed Executive Vice President and Executive Officer Apr 2025 (current)
1961-04-23
Hideki TAKEGUCHI
Director, Executive Vice President and Executive Officer, General Manager of Engineering Division
Joined the Company Apr 1985 Appointed Executive Officer Apr 2015 General Manager of Project Center, Engineering Division Apr 2016 Appointed Director Jun 2016 (current) Appointed Managing Executive Officer Apr 2018 Appointed Senior Managing Executive Officer Apr 2019 General Manager of Engineering Division and General Manager of Management Center Apr 2019 Appointed Executive Vice President and Executive Officer Apr 2025 (current) General Manager of Engineering Division Apr 2026 (current)
1962-03-04
Yutaka OISHI
Director, Managing Executive Officer, General Manager of Corporate Services Division and General Manager of Compliance and CSR Promotion Division
Joined The Dai-Ichi Kangyo Bank (now Mizuho Bank, Ltd.) Apr 1988 Joined Mizuho Securities Co., Ltd., Deputy General Manager of Human Resources Department Jan 2008 Deputy General Manager of Corporate Planning Department, same company Jan 2013 General Manager of Securities and Trust Collaboration Promotion Department, Mizuho Bank, Ltd. Apr 2013 General Manager of Customer Service Department and Administration Department, Mizuho Financial Group, Inc. Apr 2016 Appointed Executive Officer of the Company and Deputy General Manager of Energy Division, Sales Division Aug 2019 General Manager of Corporate Services Division Apr 2021 Appointed Director Jun 2021 (current) Appointed Managing Executive Officer Apr 2023 (current) General Manager of Corporate Services Division and General Manager of Compliance and CSR Promotion Division Apr 2025 (current)
1965-02-28
Tetsuya KANEKO
Director (Audit and Supervisory Committee Member)
Joined The Dai-Ichi Kangyo Bank (now Mizuho Bank, Ltd.) Apr 1981 Deputy General Manager, Singapore Branch, Mizuho Bank Sep 2000 Deputy General Manager, Singapore Branch, Mizuho Corporate Bank (now Mizuho Bank, Ltd.) Apr 2002 Senior Staff, International Administration Department, Mizuho Corporate Bank Nov 2004 General Manager, Yokohama Business Department, Mizuho Corporate Bank Apr 2005 General Manager, Overseas Business Promotion Department, Mizuho Corporate Bank Apr 2008 Advisor, Human Resources Management Department, Mizuho Corporate Bank Apr 2010 Advisor, Corporate Planning Department, Mizuho Financial Group, Inc. Jul 2010 Seconded to Mizuho Research Institute Ltd. as Senior Executive Officer and General Manager of Education Business Division Jul 2010 Senior Executive Officer and General Manager of Education Business Division, Mizuho Research Institute Ltd. Nov 2010 Resigned from Mizuho Research Institute Ltd. May 2011 Director, Kanematsu Corporation Jun 2011 Managing Executive Officer, Kanematsu Corporation Jun 2014 Resigned from Kanematsu Corporation Jun 2019 Full-time Audit & Supervisory Board Member, Yushu Tatemono Co., Ltd. (now Yushu Corporation) Jun 2019 Appointed Director (Audit and Supervisory Committee Member) of the Company Jun 2020 (current) Representative Director, Yushu Corporation Jun 2020 Resigned Jun 2023
1959-03-01
Seiichi NAGATSUKA
Director (Audit and Supervisory Committee Member)
Joined Ministry of International Trade and Industry (now Ministry of Economy, Trade and Industry) Apr 1980 Studied at Graduate School of Economics, Brown University, USA (Master's degree obtained) Sep 1984 Director, Trade Research Office, Trade Policy Bureau, MITI May 1994 Deputy Permanent Representative (WTO), Japanese Mission to International Organizations in Geneva, seconded to Ministry of Foreign Affairs May 1995 Director, Trade Division, Trade Policy Bureau, MITI Jun 1998 Deputy Director-General, Miyazaki Prefectural Government, seconded Jun 1999 Director, Economic Policy Division, Economic and Industrial Policy Bureau, METI Jan 2001 Director, Automotive Division, Manufacturing Industries Bureau, METI Jul 2003 Trade Negotiator, Trade Policy Bureau, METI Sep 2005 Executive Director, Japan International Cooperation Agency (JICA), seconded Oct 2007 Deputy Minister for Manufacturing Industries (Manufacturing Industries Bureau), METI Aug 2009 Director-General, Kinki Bureau of Economy, Trade and Industry, METI Jul 2010 Director-General, Commerce and Information Policy Bureau, METI Aug 2011 Retired from METI Jun 2013 Advisor, Mitsui Sumitomo Insurance Company, Limited Oct 2013 Resigned May 2014 Vice Chairman and Managing Director, Japan Automobile Manufacturers Association May 2014 Resigned as Vice Chairman and Managing Director, Japan Automobile Manufacturers Association May 2024 Outside Director, Sharp Corporation Jun 2024 (current) Advisor, Mitsubishi Fuso Truck and Bus Corporation Dec 2024 Representative Director, Chairman, Mitsubishi Fuso Truck and Bus Corporation Mar 2025 (current)
1958-02-06
Masahiro ENDO
Director (Audit and Supervisory Committee Member)
Joined Nissin Audit Corporation (now EY ShinNihon LLC) Oct 1985 Registered as Certified Public Accountant Mar 1989 Registered as Licensed Tax Accountant May 1989 Appointed Partner, Century Audit Corporation (now EY ShinNihon LLC) Aug 1997 Resigned Jun 2007 Representative, Endo CPA Office Jul 2007 (current) Outside Audit & Supervisory Board Member, Sakurajima Futo Co., Ltd. Jun 2015 Supervising Representative Partner, Kobe Audit Corporation Dec 2020 (current) Appointed Director (Audit and Supervisory Committee Member) of the Company Jun 2022 (current) Resigned as Outside Audit & Supervisory Board Member, Sakurajima Futo Co., Ltd. Jun 2023
1956-12-24
Kayo SERIZAWA
Full-time Director (Audit and Supervisory Committee Member)
Joined the Company Apr 1991 Advisor, Audit and Supervisory Committee Office Apr 2026 Appointed Director (Audit and Supervisory Committee Member) Jun 2026 (current)
1968-09-30
Tomomi FUJITA
Director (Audit and Supervisory Committee Member)
Registered as Attorney-at-law (Osaka Bar Association) Oct 2004 Joined Kitahama Law Office Oct 2004 Partner Attorney, Kitahama Law Office Jan 2012 Resigned from Kitahama Law Office Mar 2016 Founding Partner Attorney, Innoventia Law Corporation Apr 2016 (current) Director, Japan License Association Feb 2017 Part-time Lecturer, Kyoto University Law School Apr 2018 Appointed Director (Audit and Supervisory Committee Member) of the Company Jun 2019 (current) Outside Audit & Supervisory Board Member, Taiyo Yuden Co., Ltd. Jun 2019 Vice Chairman, Japan License Association Feb 2020 Visiting Professor, Kyoto University Law School Apr 2022 Registered as Attorney-at-law in California, USA Jun 2023 Resigned as Visiting Professor, Kyoto University Law School Mar 2024 Outside Audit & Supervisory Board Member, Styleme Takisada Osaka Co., Ltd. Apr 2024 (current) Outside Director (Audit and Supervisory Committee Member), Taiyo Yuden Co., Ltd. Jun 2024 (current) Incoming Chairman, Japan License Association Feb 2026 (current)
1980-11-04
Large Shareholding Reports
Mitsubishi Communications Co., Ltd.
2026-09-08
5.74%→4.89%
Mizuho Bank, Ltd.
2026-08-21
4.17%→4.57%
Capital Research and Management Company
2026-07-23
6.48%→5.27%
Capital Research and Management Company
2026-04-22
5.48%→6.48%
Capital Research and Management Company
2026-03-23
5.48%
Koutsushin Co., Ltd.
2025-09-29
5.01%→5.74%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-11-11
Semi-Annual Securities Report
Period: Apr 2026 – Mar 2027
TDnet
2026-11-11
業績予想の修正
FY ending Mar 2027
TDnet
2026-11-11
Q2 Earnings Flash
FY ending Mar 2027
EDINET
2026-09-08
Large Shareholding Report
EDINET
2026-08-21
Large Shareholding Report
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-06-17
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-05-14
Full-Year Earnings Flash
FY ending Mar 2026
EDINET
2026-04-22
Large Shareholding Report
EDINET
2026-03-23
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
TDnet
2026-02-13
業績予想の修正
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-29
Large Shareholding Report
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-06
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-07-10
Amended Securities Registration Statement
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-06-25
Securities Registration Statement
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-08
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-08
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-04
Quarterly Securities Report
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