Techno Ryowa Ltd. logo

Techno Ryowa Ltd.

1965.T

JPXIndustrialsEngineering & Construction

Latest quote

¥6,310

+¥200 · +3.27%

Aug 24, 2:39 PM JST

1965.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Techno Ryowa Ltd. is a specialist in environmental control systems, offering services from initial design and construction through to ongoing maintenance, primarily within Japan. Its comprehensive industrial portfolio features cleanroom technologies, precision climate control, energy efficiency and resource recovery solutions, localized air conditioning, advanced industrial wastewater and air purification facilities, refrigeration and low-temperature equipment, production process optimization components, clean effluent processing plants, and equipment for nuclear power applications. Additionally, for general building applications, they supply vital infrastructure including standard air conditioning, plumbing networks, fire protection and disaster prevention systems, wastewater treatment installations, district cooling and heating solutions, and cogeneration power systems. Beyond installation, the company delivers comprehensive equipment maintenance, from diagnostic inspections to complete overhauls. They also undertake the design and construction of ancillary building systems and are involved in the manufacturing and distribution of associated machinery. Established in 1949, Techno Ryowa Ltd. is headquartered in Tokyo, Japan.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
JP
CEO
Masaya Kato
Listed since
Jan 1, 2001
Employees
981

Market position

Day range

Current ¥6,310

52-week range

Current ¥6,310

Open
¥6,110
Previous close
¥6,110
Volume
33.5K
0.45× average
Average volume
73.99K
Average daily volume
Market cap
129.38B JPY
Beta
0.46
Market reference 1
50-day average
¥5,981
+5.50% above average
200-day average
¥6,545
-3.59% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
100.54B JPY
P/E (TTM)
10.66×
P/B (TTM)
1.91×
P/S (TTM)
1.29×
EV / EBITDA
6.15×
Earnings yield
9.86%
Free cash flow yield
9.77%
Dividend yield
2.69%

Profitability & efficiency

Gross margin
25.80%
Operating margin
16.17%
Net margin
12.11%
Return on equity
17.79%
Return on assets
11.70%
Return on invested capital
15.50%

Financial health

Debt / equity
0.01×
Current ratio
2.35×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends27%19%10%2%Gross margin, FY2021: 15.53%Gross margin, FY2022: 15.25%Gross margin, FY2023: 16.88%Gross margin, FY2024: 20.36%Gross margin, FY2025: 24.95%Operating margin, FY2021: 5.30%Operating margin, FY2022: 5.21%Operating margin, FY2023: 7.86%Operating margin, FY2024: 11.44%Operating margin, FY2025: 15.98%Net margin, FY2021: 3.93%Net margin, FY2022: 3.83%Net margin, FY2023: 6.11%Net margin, FY2024: 8.62%Net margin, FY2025: 11.95%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.53%. Gross margin FY2022 15.25%. Gross margin FY2023 16.88%. Gross margin FY2024 20.36%. Gross margin FY2025 24.95%. Operating margin FY2021 5.30%. Operating margin FY2022 5.21%. Operating margin FY2023 7.86%. Operating margin FY2024 11.44%. Operating margin FY2025 15.98%. Net margin FY2021 3.93%. Net margin FY2022 3.83%. Net margin FY2023 6.11%. Net margin FY2024 8.62%. Net margin FY2025 11.95%.

Income trends

Revenue

98.68B JPY+17.21%

Operating income

15.77B JPY+63.73%

Net income

11.8B JPY+62.58%
Income trends across reported periods108.33B JPY69.75B JPY31.17B JPY−7.41B JPYRevenue, FY2021: 56.91B JPYRevenue, FY2022: 61.03B JPYRevenue, FY2023: 73.69B JPYRevenue, FY2024: 84.19B JPYRevenue, FY2025: 98.68B JPYOperating income, FY2021: 3.01B JPYOperating income, FY2022: 3.18B JPYOperating income, FY2023: 5.79B JPYOperating income, FY2024: 9.63B JPYOperating income, FY2025: 15.77B JPYNet income, FY2021: 2.24B JPYNet income, FY2022: 2.34B JPYNet income, FY2023: 4.51B JPYNet income, FY2024: 7.26B JPYNet income, FY2025: 11.8B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 56.91B JPY. Revenue FY2022 61.03B JPY. Revenue FY2023 73.69B JPY. Revenue FY2024 84.19B JPY. Revenue FY2025 98.68B JPY. Operating income FY2021 3.01B JPY. Operating income FY2022 3.18B JPY. Operating income FY2023 5.79B JPY. Operating income FY2024 9.63B JPY. Operating income FY2025 15.77B JPY. Net income FY2021 2.24B JPY. Net income FY2022 2.34B JPY. Net income FY2023 4.51B JPY. Net income FY2024 7.26B JPY. Net income FY2025 11.8B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue98.68B JPY84.19B JPY73.69B JPY61.03B JPY56.91B JPY
Cost of goods sold74.06B JPY67.05B JPY61.25B JPY51.72B JPY48.07B JPY
Gross profit24.62B JPY17.14B JPY12.44B JPY9.31B JPY8.84B JPY
Research and development433M JPY344M JPY332M JPY333M JPY
Selling, general, and administrative8.82B JPY7.08B JPY6.3B JPY5.8B JPY5.49B JPY
Operating expenses8.85B JPY7.51B JPY6.65B JPY6.13B JPY5.83B JPY
Interest income46M JPY15M JPY5M JPY6M JPY8M JPY
Interest expense20M JPY17M JPY12M JPY13M JPY13M JPY
Depreciation and amortization581M JPY409M JPY363M JPY346M JPY365M JPY
Operating income15.77B JPY9.63B JPY5.79B JPY3.18B JPY3.01B JPY
Net income11.8B JPY7.26B JPY4.51B JPY2.34B JPY2.24B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
101.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates190.54141.3892.2343.07Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 6, 2024: actual 50.67, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 5, 2025: actual 105.34, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 159.74, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 80.61, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 137.65, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 172.42, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 180.18, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 5, 2026: actual 101.01, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates60.13B45.42B30.72B16.01BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 6, 2024: actual 18.84B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 5, 2025: actual 57.07B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 27.12B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 20.48B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 23.14B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 26.27B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 28.8B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 5, 2026: actual 22.35B JPY, estimate —, surprise —, Comparison unavailable.

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