Takasago Thermal Engineering Co., Ltd. (1969) Stock Price

Takasago Thermal Engineering's main business consists of equipment construction services and the manufacturing and sales of equipment. In equipment construction services, the company primarily designs and installs air conditioning systems. TMES Corporation (consolidated subsidiary) handles equipment maintenance and comprehensive management services. Additionally, Nippon Setsubi Kogyo Corporation (affiliate accounted for using the equity method) designs and installs air conditioning and water supply/drainage systems.

Overseas, consolidated subsidiaries including Takasago Construction Engineering (China) Limited and Takasago Singapore Pte. Ltd. design and install air conditioning systems, while Takasago Thermal Engineering provides technical support to these subsidiaries. Furthermore, Integrated Cleanroom Technologies Pvt. Ltd. (consolidated subsidiary) manufactures, sells, and installs cleanroom-related equipment.

In the equipment manufacturing and sales business, Nippon P-MAC Corporation (consolidated subsidiary) designs, manufactures, and sells air conditioning equipment. This business meets diverse customer needs by providing products that leverage air conditioning system technology.

As other operations, Hucos Corporation (consolidated subsidiary) operates as an insurance agency. Through this diversified business portfolio, Takasago Thermal Engineering provides a wide range of services to its customers.

Takaoka Thermal Engineering is adapting to a rapidly changing business environment and pursuing sustainable growth. The company has adopted the purpose statement "Opening the future of our planet through environmental innovation," and is actively addressing environmental issues. In particular, it is strengthening efforts to achieve carbon neutrality by 2050, leveraging the technology and expertise gained through its air conditioning equipment business.

Under its long-term vision "Takaoka Thermal Engineering Group Long-Term Vision 2040 Create our PLANET, Create our FUTURE," the company aims to expand its environmental business domain and fulfill its role as an environmental creator. Through this approach, it envisions a company that co-creates environmental value by collaborating with diverse talent both inside and outside the organization.

Takaoka Thermal Engineering is advancing corporate transformation by linking four business domains through digital transformation: air conditioning equipment (core business), construction, equipment maintenance and management, carbon neutrality, and environmental equipment manufacturing and sales. This strategy aims to achieve sustainable growth and enhance medium to long-term corporate value.

Under its medium-term management plan "2026 Step for the FUTURE," the company positions the four-year period from 2023 to 2026 as "setting sail toward the future." It will strengthen the revenue base of its core construction business, redirect the resulting capital toward growth investments, and expand its business domains. Through these initiatives, the company aims to realize sustainable growth and increase corporate value.