| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 1690.17 | -32 |
| Intrinsic value (DCF) | 942.40 | -62 |
| Graham-Dodd Method | 1257.70 | -50 |
| Graham Formula | 1252.28 | -50 |
Takuma Co., Ltd. (6013.T) is a leading Japanese industrial company specializing in environmental and energy solutions, including waste treatment, biomass power plants, and boiler systems. Headquartered in Amagasaki, Japan, Takuma operates across four key segments: Domestic Environment and Energy, Overseas Environment and Energy, Package Boiler, and Equipment and System Business. The company provides critical infrastructure for pollution control, wastewater treatment, and sustainable energy generation, serving both domestic and international markets. With a history dating back to 1938, Takuma has established itself as a trusted provider of industrial boilers and environmental equipment, particularly in Japan's growing waste-to-energy sector. The company's expertise in designing and constructing waste combustion and biomass power plants positions it well in the global push toward sustainable industrial practices. Takuma's diversified business model, spanning environmental solutions, energy efficiency, and industrial equipment, makes it a key player in Japan's industrial and environmental technology landscape.
Takuma Co., Ltd. presents a stable investment opportunity within Japan's environmental and industrial sectors, supported by its strong market position in waste-to-energy and pollution control solutions. The company's diversified revenue streams, including domestic and overseas operations, mitigate regional risks. However, investors should note the negative operating cash flow (-¥12.2 billion) in the latest fiscal year, which may raise concerns about short-term liquidity despite a solid net income (¥8.75 billion). Takuma's low beta (0.614) suggests lower volatility compared to the broader market, appealing to risk-averse investors. The company pays a steady dividend (¥66 per share), enhancing its attractiveness for income-focused portfolios. Long-term growth prospects hinge on Japan's continued investment in environmental infrastructure and global demand for sustainable energy solutions.
Takuma Co., Ltd. holds a competitive advantage in Japan's environmental and energy equipment sector, particularly in waste treatment and biomass power plants. Its vertically integrated business model—spanning design, construction, and maintenance—allows it to capture value across the project lifecycle. The company's strong domestic presence, bolstered by Japan's stringent environmental regulations, provides a steady revenue base. However, Takuma faces intensifying competition from global engineering firms and local players expanding into renewable energy and waste management. Its Overseas Environment and Energy Business segment is relatively small compared to domestic operations, limiting its global footprint. The company's Package Boiler segment benefits from specialized technology but competes with larger industrial conglomerates. Takuma's competitive positioning relies on its engineering expertise and long-standing client relationships, though it may need to scale its international operations to sustain growth amid rising competition in Asia's environmental infrastructure market.