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    Industrial services

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    Engineering & construction
Takahashi Curtain Wall Corporation

Takahashi Curtain Wall Corporation

TTSE:1994
607.00
JPY
-5.00
(-0.82%)
4.45BMarket Cap
Nov 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
555.65
891.62
1,065.12
880.17
888.74
751.95
1,919.33
849.09
1,417.86
878.93
873.12
1,152.96
918.69
- -
Basic EPS, GAAP
21.1
105.49
195.18
172.34
88.27
81.87
142.25
103.99
162.58
17.7
35.96
45.79
23.85
- -
Free Cash Flow per Basic Share
-80.19
25.36
147.13
101.38
80.75
-52
284.09
-36.25
186.91
-145.86
147.03
-240.65
267.57
- -
Dividend per Share
0.05
- -
29.85
30.03
19.94
20.05
24.98
25.09
27.94
20.03
20.15
20.16
20.04
- -
Book Value per Share
374.28
473.81
639.21
781.39
850.99
912.11
1,029.86
1,115.24
1,250.21
1,252.55
1,293.17
1,342.61
1,362.59
1,406.91
Tangible Book Value per Share
362.97
470.81
636.09
775.97
846.16
907.67
1,025.04
1,110.94
1,245.12
1,241.89
1,283.18
1,333.78
1,355.46
1,400.66
Basic Weighted Avg Shares
9
9
9
9
9
9
9
9
9
9
8
8
8
8
Sales/Revenue/Turnover
4,840
7,862
9,476
7,802
7,763
6,568
16,766
7,367
12,233
7,531
7,333
9,384
7,338
- -
Operating Margin (%)
3.11
14.52
18.87
15.13
14.74
12.42
15.05
11.38
16.23
2.26
4.85
6.33
1.54
- -
Depreciation Expense
141
134
156
176
193
213
272
253
263
287
333
305
283
- -
Net Income, GAAP
184
930
1,737
1,528
771
715
1,243
902
1,403
152
302
373
191
- -
Effective Tax Rate (%)
10.31
1.52
0.59
- -
31.81
23.8
43.8
3.95
33.09
32.89
32.49
43.69
- -
- -
Profit Margin (%)
3.8
11.83
18.33
19.58
9.93
10.89
7.41
12.25
11.47
2.01
4.12
3.97
2.6
- -
Working Capital
-235
907
3,005
3,505
3,961
4,004
5,329
5,052
5,910
5,623
5,758
6,228
5,811
6,266
LT Debt
623
672
1,281
823
691
612
630
386
271
102
144
326
78
24
Total Equity
3,260
4,210
5,690
6,826
7,434
7,967
8,996
9,630
10,721
10,672
10,701
10,773
10,797
11,148
Return on Invested Capital (%)
1.92
17.01
23.57
- -
8.85
6.76
13.65
7.4
11.75
0.98
2.13
2.82
- -
- -
Return on Capital (%)
3.49
14.86
23.53
- -
8.92
8
12.68
8.7
12.84
1.36
2.71
3.2
- -
- -
Return on Common Equity (%)
5.84
24.9
35.08
24.41
10.82
9.29
14.65
9.69
13.79
1.42
2.83
3.47
1.77
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
529
- -
178
LT Borrowings
120
- -
24
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
4,783
4,231
4,445

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
8,035
- -
7,607
Cash, Cash Equivalents & STI
895
- -
2,090
Accounts Receivable, Net
6,123
- -
4,708
Inventories
349
- -
402
Total Current Liabilities
2,138
- -
1,341
Payables & Accruals
- -
- -
- -
ST Debt
529
- -
178
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.8%
2.41%
0.22%
Free Cash Flow
-243.3%
-291.35%
-209.12%
Net Income, GAAP
1.75%
7.99%
-48.88%
Sales/Revenue/Turnover
9.68%
6.23%
-21.8%
Total Cash Common Dividend
-3.44%
-4.99%
-2.42%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,170
2,619
- -
- -
9,384
2025
- -
- -
- -
- -
7,338
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.38
20.29
- -
- -
45.79
2025
- -
- -
- -
- -
23.85
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
20.16
2025
- -
- -
- -
- -
20.04
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Takeharu Takahashi
Full Time Employees
186
Sector
Industrial services
Industry
Engineering & construction
Address
Sumitomo Real Estate Nihonbashi Building Tokyo Japan 103-0023
IPO Date
Jul 24, 1990
Website
t-cw.co.jp
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Business
Takahashi Curtain Wall Corporation engages in the design, manufacture, construction, and installation of precast concrete (PC) curtain walls and aqua facilities in Japan. The company operates primarily through its PC Curtain Wall segment, which produces and supplies building exterior wall materials including precast concrete curtain walls, ultra-lightweight curtain walls, colored concrete walls, PC external insulation curtain walls, and precast concrete components for construction; its Aqua segment, which designs and constructs bathing facilities, sports facilities, stainless steel pools, and water training centers such as the Okayama City Fire Education and Training Center water rescue facility; and other businesses encompassing real estate leasing and recreation facility management. Founded in 1965 and headquartered in Tokyo at Sumitomo Fudosan Nihonbashi Building, 6th Floor, 1-5-4 Nihonbashi-Honcho, Chuo-ku, the company serves office buildings, commercial structures, public facilities, and institutional projects across Japan, with over 3,000 PC curtain wall achievements and a market-leading position in precast concrete curtain walls. In recent developments, President Takeharu Takahashi leads ongoing operations amid financial challenges, including a narrowed net loss for the nine months ended September 30, 2025, and an upward revision of full-year fiscal 2025 earnings forecasts on November 6, 2025, driven by improved PC Curtain Wall factory utilization, additional sales, and strong Aqua segment orders; additionally, President Takeharu Takahashi assumed the role of chairman of the Precast Concrete System Association on October 31, 2025, and the company added notable projects such as Grand Green Osaka in 2024 and Nanto Bank head office building in 2025.