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1969JPXMarket closedOpens 9:00am JST

Takasago Thermal Engineering Co., Ltd.

¥4,723.00Last updated
-¥16.00 (0.34%)Past day
Timezone

Takasago Thermal Engineering Co., Ltd. (JPX: 1969) is trading at ¥4,723.00, about ₹2,876 at today's JPY/INR rate, as of 25 Sep 2026, 2:30 AM ET, down 0.34% today. Indian residents can buy Takasago Thermal Engineering from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:¥4,737.00
Previous close:¥4,739.00
Volume:694.30K

Today's low

¥4,682.00

Today's high

¥4,763.00

52 week low

¥3,955.00

52 week high

¥5,749.00

1969 opened at ¥4,737.00, closed previously at ¥4,739.00, and has traded between ¥3,955.00 and ¥5,749.00 over the past 52 weeks.

About

Takasago Thermal Engineering Co., Ltd., a Tokyo-based company established in 1923 and known as Takasago Heating Works Co., Ltd. until its 1943 rebranding, operates globally in the specialized field of thermal engineering. The company provides a full spectrum of services for heating, ventilation, and air conditioning (HVAC) systems, encompassing design, construction, manufacturing, sales, and installation. Its comprehensive offerings extend beyond conventional HVAC to include advanced cleanroom technologies and their related equipment, as well as large-scale district heating and cooling infrastructure. Takasago also delivers various specialized systems, such as air conditioning, plumbing, sanitary, co-generation, electrical, instrumentation, communication, equipment diagnosis, and dehumidification/drying solutions. The company is adept at developing high-precision HVAC systems for critical environments, including nuclear energy facilities, and implements innovative thermal management solutions like waste vacuum transfer, exhaust heat recovery, heating, cooling, refrigeration, and freezing systems. Furthermore, it leverages technological tools such as GODA Cloud for data collection and analysis, alongside proprietary swirling induction HVAC and clean dry air supply systems. Beyond its core engineering expertise, Takasago Thermal Engineering engages in a diverse array of complementary businesses. These include general construction, staffing, security, cleaning, energy supply and generation, and water treatment services. The company is also active in the real estate market, handling purchase, sale, brokerage, leasing, and property management. Additionally, it participates in greenhouse gas emission rights trading, offers consulting for energy conservation and environmental strategies, and is involved in the manufacturing, sales, import, and export of a wide range of machinery, equipment, and materials.

Country
JP
CEO
Kazuhito Kojima
Exchange listed on
JPX
Industry
Construction Materials
Base currency
JPY
Full Time Employees
7,287
Sector
Basic Materials
IPO date
01/01/2001

Key statistics

Avg. volume

644.13K

Market cap

¥618.07B

P/E Ratio

17.70

Price-to-sales ratio

1.49

Enterprise value

¥616.53B

Free cash flow yield

0.00%

Debt-to-equity ratio

0.20

Return on equity

17.29%

ROIC

11.99%

Beta

0.42

Dividend yield

2.43%

Last dividend

¥115.00

Financial overview

Revenue

¥423.92B

Earnings per share

¥285.73

Free cash flow

¥24.22B

Net profit margin

8.42%

Gross margin

22.40%

EBITDA

¥57.01B

Revenue growth

11.07%

Similar securities

This is not an investment recommendation

How to buy Takasago Thermal Engineering from India

Indian residents can buy Takasago Thermal Engineering shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to JPY.

  3. Search for Takasago Thermal Engineering and place an order

    Find Takasago Thermal Engineering by name or by its ticker, 1969, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Takasago Thermal Engineering trades 5:30 am – 12:00 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Takasago Thermal Engineering position in JPY and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Takasago Thermal Engineering from India

Trading and taxes when buying Takasago Thermal Engineering from India

Trading and limits

Trading hours
9:00 am – 3:30 pm JST
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. Takasago Thermal Engineering’s current yield is 2.43%.Dividend tax explained
Estate or inheritance tax
May applyJapan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.Estate tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Takasago Thermal Engineering stock?

Yes. Takasago Thermal Engineering (1969) has been listed on the Tokyo Stock Exchange since 2001, in the Construction Materials industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to JPY. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Takasago Thermal Engineering share cost in rupees?

One Takasago Thermal Engineering share is ¥4,723.00 — about ₹2,876 at a JPY/INR rate of 0.6089 on 25 Sep 2026. Both the Takasago Thermal Engineering price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Takasago Thermal Engineering from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

What is the minimum I can buy of Takasago Thermal Engineering?

The Tokyo Stock Exchange typically trades in units of 100 shares.

How are gains on Takasago Thermal Engineering shares taxed in India?

Japan generally does not levy capital gains tax on non-resident individual investors, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the JPY/INR rate on the purchase and the sale date, so the rupee move counts alongside the Takasago Thermal Engineering price. Paasa issues a capital-gains statement for your return.

Does Takasago Thermal Engineering pay a dividend, and how is it taxed in India?

Yes. Takasago Thermal Engineering pays a dividend and the current yield is 2.43%; the last declared dividend was ¥115.00 per share, about ₹70.02. Dividends are taxed at your slab rate in India. Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Takasago Thermal Engineering from India?

The Tokyo Stock Exchange trades 5:30 am – 12:00 pm IST in Indian time. It also halts for lunch, 8:00 am – 9:00 am IST. Orders can only execute during that window.

Is there estate or inheritance tax on Takasago Thermal Engineering shares held from India?

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. It applies to your overall holdings in that jurisdiction rather than to any one position.

Do I have to declare Takasago Thermal Engineering shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Takasago Thermal Engineering holding, its cost and its closing value.

How do I sell Takasago Thermal Engineering and bring the money back to India?

You sell during market hours (5:30 am – 12:00 pm IST) and the proceeds settle in JPY in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.