Taihei Dengyo Kaisha, Ltd. logo

Taihei Dengyo Kaisha, Ltd.

1968.T

JPXIndustrialsEngineering & Construction

Latest quote

¥2,449

+¥92.00 · +3.90%

Aug 24, 3:30 PM JST

1968.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Taihei Dengyo Kaisha, Ltd., founded in Tokyo, Japan, in 1947, is an international engineering and construction firm specializing in the comprehensive development, construction, and maintenance of diverse plant facilities. The company's expertise spans various sectors, including the building and upkeep of power generation plants such as thermal, nuclear, gas turbine, diesel engine, geothermal, combined cycle, and wind facilities. Beyond energy, Taihei Dengyo constructs and maintains industrial plants for sectors like steel mills, petrochemicals, sugar refining, and cement production, as well as specialized waste treatment plants for refuse incineration, dioxin treatment, sludge treatment, and waste recycling. The company also undertakes large-scale infrastructure projects, including dome stadiums and bridge construction. Furthermore, Taihei Dengyo provides extensive electrical engineering services, which cover the design, manufacturing, installation, and maintenance of various electrical systems, substations, control systems, optical fiber communication networks, instrumentation, and building electrical facilities. They are also adept at designing and constructing industrial plant systems, specifically heating, ventilation, air conditioning (HVAC), and utility sanitary systems. In addition to its core construction and engineering activities, the firm engages in the design, procurement, and fabrication of components such as machined products, tanks, piping, pressure vessels, and electrical/control panels. It also offers equipment installation services for both building and amusement facilities. Taihei Dengyo's broader operations encompass activities in steel and paper manufacturing, petrochemical plant management, general maintenance services, and educational and training programs.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
JP
CEO
Hiroaki Ito
Listed since
Jan 1, 2001
Employees
1,878

Market position

Day range

Current ¥2,449

52-week range

Current ¥2,449

Open
¥2,354
Previous close
¥2,357
Volume
263.6K
1.73× average
Average volume
152.79K
Average daily volume
Market cap
154.54B JPY
Beta
0.26
Market reference 1
50-day average
¥2,503.82
-2.19% below average
200-day average
¥2,559.8
-4.33% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
11.78×
P/B (TTM)
1.24×
P/S (TTM)
1.04×
Dividend yield
2.86%

Profitability & efficiency

Gross margin
18.52%
Operating margin
11.21%
Net margin
8.82%

Financial health

Debt / equity
0.12×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends21%16%10%5%Gross margin, FY2021: 15.15%Gross margin, FY2022: 19.46%Gross margin, FY2023: 15.34%Gross margin, FY2024: 18.58%Gross margin, FY2025: 18.05%Operating margin, FY2021: 8.22%Operating margin, FY2022: 11.41%Operating margin, FY2023: 7.77%Operating margin, FY2024: 10.37%Operating margin, FY2025: 10.48%Net margin, FY2021: 6.62%Net margin, FY2022: 8.44%Net margin, FY2023: 6.49%Net margin, FY2024: 7.76%Net margin, FY2025: 8.40%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.15%. Gross margin FY2022 19.46%. Gross margin FY2023 15.34%. Gross margin FY2024 18.58%. Gross margin FY2025 18.05%. Operating margin FY2021 8.22%. Operating margin FY2022 11.41%. Operating margin FY2023 7.77%. Operating margin FY2024 10.37%. Operating margin FY2025 10.48%. Net margin FY2021 6.62%. Net margin FY2022 8.44%. Net margin FY2023 6.49%. Net margin FY2024 7.76%. Net margin FY2025 8.40%.

Income trends

Revenue

141.66B JPY+12.72%

Operating income

14.84B JPY+13.82%

Net income

11.9B JPY+22.05%
Income trends across reported periods154.98B JPY101.68B JPY48.37B JPY−4.93B JPYRevenue, FY2021: 126.91B JPYRevenue, FY2022: 125.77B JPYRevenue, FY2023: 129.36B JPYRevenue, FY2024: 125.67B JPYRevenue, FY2025: 141.66B JPYOperating income, FY2021: 10.43B JPYOperating income, FY2022: 14.35B JPYOperating income, FY2023: 10.05B JPYOperating income, FY2024: 13.04B JPYOperating income, FY2025: 14.84B JPYNet income, FY2021: 8.41B JPYNet income, FY2022: 10.62B JPYNet income, FY2023: 8.4B JPYNet income, FY2024: 9.75B JPYNet income, FY2025: 11.9B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 126.91B JPY. Revenue FY2022 125.77B JPY. Revenue FY2023 129.36B JPY. Revenue FY2024 125.67B JPY. Revenue FY2025 141.66B JPY. Operating income FY2021 10.43B JPY. Operating income FY2022 14.35B JPY. Operating income FY2023 10.05B JPY. Operating income FY2024 13.04B JPY. Operating income FY2025 14.84B JPY. Net income FY2021 8.41B JPY. Net income FY2022 10.62B JPY. Net income FY2023 8.4B JPY. Net income FY2024 9.75B JPY. Net income FY2025 11.9B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue141.66B JPY125.67B JPY129.36B JPY125.77B JPY126.91B JPY
Cost of goods sold116.09B JPY102.33B JPY109.52B JPY101.3B JPY107.68B JPY
Gross profit25.57B JPY23.35B JPY19.85B JPY24.48B JPY19.23B JPY
Research and development158M JPY181M JPY831M JPY81M JPY
Selling, general, and administrative10.73B JPY10.15B JPY9.61B JPY9.3B JPY8.72B JPY
Operating expenses10.73B JPY10.31B JPY9.8B JPY10.13B JPY8.8B JPY
Interest income10M JPY23M JPY21M JPY15M JPY11M JPY
Interest expense233M JPY157M JPY58M JPY218M JPY135M JPY
Depreciation and amortization1.44B JPY1.48B JPY1.56B JPY1.71B JPY1.73B JPY
Operating income14.84B JPY13.04B JPY10.05B JPY14.35B JPY10.43B JPY
Net income11.9B JPY9.75B JPY8.4B JPY10.62B JPY8.41B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
36.92

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates108.9277.6446.3615.08Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 102.17, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 59.69, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual 29.69, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 17.74, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 38.1, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 87.26, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 45.67, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 36.92, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates42.76B37.81B32.87B27.93BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26No estimateQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 30.53B JPY, estimate 33.64B JPY, surprise -9.26%, Miss. Q2 2025, reported May 8, 2025: actual 34.78B JPY, estimate 41.11B JPY, surprise -15.40%, Miss. Q3 2025, reported Aug 7, 2025: actual 29.57B JPY, estimate 35.43B JPY, surprise -16.53%, Miss. Q4 2025, reported Nov 14, 2025: actual 33.98B JPY, estimate 35.43B JPY, surprise -4.08%, Miss. Q1 2026, reported Feb 6, 2026: actual 39.75B JPY, estimate 36.45B JPY, surprise +9.06%, Beat. Q2 2026, reported May 14, 2026: actual 38.36B JPY, estimate 39.7B JPY, surprise -3.38%, Miss. Q3 2026, reported Aug 6, 2026: actual 36.61B JPY, estimate —, surprise —, Comparison unavailable. Q4 2026, reported Nov 5, 2026: actual —, estimate 35.39B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥58.3333

2025 complete year+118.7% since 2021

2026 partial: ¥70.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥75.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥70.00

Annual

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Mar 28, 2025

¥175

Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Mar 28, 2024

¥135

Annual

Record Mar 31, 2024 · Payment Jun 28, 2024

Dividend

Ex-dividend Mar 30, 2023

¥120

Annual

Record Mar 31, 2023 · Payment Jun 30, 2023

Dividend

Ex-dividend Mar 30, 2022

¥100

Annual

Record Mar 31, 2022 · Payment Jun 30, 2022

1968.T peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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