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Japanese engineering firm that designs and builds waste incineration and renewable-energy plants.
Japanese engineering firm that designs and builds waste incineration and renewable-energy plants.
Paid by municipalities under construction contracts that run for years, then often wins long operating contracts for the plants it builds, which gives steadier income. Its work follows public waste-infrastructure budgets.
In one line: A waste-to-energy plant builder, like a smaller Covanta engineering arm.
Moat: narrow (process know-how, installed base, regulatory licence). Long track record and technical certifications for municipal waste-plant contracts limit new entrants.
Headquarters: Osaka, Japan · Founded: 1938 · Employees: 4,504
Size Takuma (6013.T) is a Japan Industrials company (Miscellaneous Manufacturing) with a market value of $1.26B, the 635th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,729 on 6 Nov 2026.
Performance Over six months the shares fell 1.1%, against -16.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 17.6% over the last twelve months (peer median +4.3%); the operating margin is 10.1% (peer median 10.3%).
Valuation It trades at 13.6× forward earnings against a peer median of 16.0× (6th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 14.4 points above its cost of capital (8.3% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥176B | ¥166B | ¥151B | ¥149B | ¥143B |
| Revenue growth | — | +10% | +1% | +5% | — |
| Gross profit | ¥41.7B | ¥38.8B | ¥33.3B | ¥29.2B | ¥31.3B |
| EBITDA | ¥19.7B | ¥17.4B | ¥15.5B | ¥12.0B | ¥14.9B |
| Net income | ¥15.3B | ¥13.7B | ¥10.4B | ¥8.76B | ¥9.62B |
| Free cash flow | n/a | ¥23.5B | -¥6.37B | -¥17.2B | ¥26.4B |
| Capital expenditure | n/a | ¥1.32B | ¥2.58B | ¥5.51B | ¥5.91B |
| Total debt | ¥233M | ¥868M | ¥12.1B | ¥800M | ¥288M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Takuma 6013.T | $1.26B | -1% | +18% | 10% | 13.6× | -5.4% |
| Kanadevia 7004.T | $979M | -23% | +8% | 2% | 6.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 6013.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.2% | -8.1% | 10th lowest of 21 |
| 6-month return | -1.1% | -16.7% | 7th highest of 21 |
| Distance from 52-week high | -27.6% | -37.1% | 6th highest of 21 |
| Revenue growth (TTM) | +17.6% | +4.3% | 5th highest of 21 |
| Operating margin | 10.1% | 10.3% | 11th highest of 21 |
| Forward P/E | 13.6× | 16.0× | 6th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | -5.4% | 10.3% | 3rd least demanding of 15 |
| Growth delivered (Del g) | +2.5% | +4.8% | 6th lowest of 15 |
| Hurdle (Req g minus delivered) | -7.8 pp | +1.8 pp | 3rd least demanding of 15 |
| ROIC minus cost of capital | +14.4 pp | -0.8 pp | highest of 21 |
| EV / EBITDA | 7.2× | 7.7× | 3rd cheapest of 8 |
| Net debt / EBITDA | -3.0× | 1.8× | 2nd least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Takuma 6013.T | Japan | $1.26B | -1% | +18% | 10% | 13.6× | -5.4% | +2.5% |
| PILLAR 6490.T | Japan | $1.25B | -9% | +10% | 22% | 11.5× | 18.0% | +14.5% |
| China Lesso 2128.HK | Hong Kong | $1.20B | -42% | -5% | 13% | 5.7× | -4.5% | -3.5% |
| Suzhou Victory Precision Manufacture 002426.SZ | China | $1.17B | -41% | +7% | -20% | n/a | 30.8% | -18.0% |
| Shanghai PRET Composites 002324.SZ | China | $1.36B | -44% | +27% | 1% | 45.7× | n/a | n/a |
| Cangzhou Mingzhu Plastic 002108.SZ | China | $1.10B | -28% | +14% | 5% | n/a | n/a | n/a |
| Xiamen Voke Mold & Plastic Engineering 301196.SZ | China | $1.48B | -34% | +34% | 12% | 32.6× | 19.6% | +19.4% |
| Vesuvius VSVS.L | United Kingdom | $1.49B | +2% | +2% | 7% | 14.7× | 8.2% | +4.4% |
| Jinfu Technology 003018.SZ | China | $1.51B | -30% | +85% | 26% | 39.3× | 18.0% | +8.2% |
| INDUS INH.DE | Germany | $1.03B | +11% | +8% | 13% | 7.0× | -6.8% | +2.2% |
| FP Corporation 7947.T | Japan | $1.61B | +35% | +4% | 9% | 15.5× | -1.0% | +5.1% |
| Shanghai Hajime Advanced Material Technology 301000.SZ | China | $986M | -1% | +4% | 16% | 40.9× | n/a | n/a |
| Shanghai Yanpu Precision Technology (Group) 605128.SS | China | $978M | -9% | +3% | 9% | 27.1× | 15.4% | +25.0% |
| Finolex Industries FINPIPE.NS | India | $932M | -20% | +3% | 14% | 16.4× | 13.0% | +3.5% |
| Jiangsu Changhai Composite Materials 300196.SZ | China | $897M | -25% | +3% | 11% | 17.9× | 3.8% | +9.0% |
| Genuit GEN.L | United Kingdom | $897M | +8% | +4% | 12% | 12.1× | 12.4% | +8.6% |
| Shenzhen Jame Technology 300868.SZ | China | $878M | -36% | +8% | -7% | n/a | n/a | n/a |
| Blue Sail Medical 002382.SZ | China | $861M | -24% | +23% | 7% | 11.8× | -6.5% | -6.1% |
| Riverstone AP4.SI | Singapore | $824M | -13% | -4% | 25% | 15.5× | 2.1% | -12.8% |
| Zhejiang Goldensea Hi-Tech 603311.SS | China | $823M | +28% | +3% | 7% | 59.6× | n/a | n/a |
| Zhejiang Kaier New Materials 300234.SZ | China | $816M | +73% | -17% | -9% | n/a | n/a | n/a |