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← CockpitCompetitor Analysis › 7981.T Takara standard Co., Ltd.Open in the cockpit ↗

Takara standard Co., Ltd.7981.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Building Products

Maker of kitchen and bathroom fixtures for Japanese homes, known for durable enamel/glass-coated steel systems.

≈ A Japanese kitchen/bath fixtures makerMomentum strong 62
Mkt cap
$1.20B
US dollars, full cap
Free float
57%
of shares outstanding
$/day
$2.43M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+2.1 pp
WACC 6.6%
Hurdle
-11 pp
Req g minus delivered
Next earnings
88 days
2 Feb 2027
Close · JPY¥3,030
1D-4.1%
1W+2.0%
1M0.0%
3M+1.2%
6M+2.2%
YTD+3.9%
1Y+20.1%
ATR %2.3%
52w lowhigh9.0% off high

What Takara standard does

Maker of kitchen and bathroom fixtures for Japanese homes, known for durable enamel/glass-coated steel systems.

In one line: A Japanese kitchen/bath fixtures maker.

Products and services

  • System kitchens
  • Bathroom units
  • Storage/housing equipment

Customers

  • Homebuilders
  • Renovation contractors
  • Retail consumers

Where it sits in the supply chain

  • Industrials
  • Building products
  • Kitchen & bath systems

What could go right

  • Housing renovation demand in Japan

What could go wrong

  • New housing starts decline (demographics)
  • Raw material (steel) cost inflation

Moat: narrow (brand, process know-how). Proprietary enamel/glass-coated steel technology differentiates its kitchen/bath products in Japan.

Headquarters: Osaka, Japan · Founded: 1912 · Employees: 6,505

Named competitors

Takara standard at a glance

Size Takara standard (7981.T) is a Japan Industrials company (Building Products) with a market value of $1.20B, the 659th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,030 on 6 Nov 2026.

Performance Over six months the shares gained 2.2%, against -18.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th highest of 21 in its peer set.

Growth Revenue grew 1.8% over the last twelve months (peer median +0.5%); the operating margin is 7.2% (peer median 7.8%).

Valuation It trades at 0.5× enterprise value to sales against a peer median of 1.5× (cheapest of 21).

Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -11 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.1 points above its cost of capital (6.6% WACC).

Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 20267981.T 99Peer median 81
Six months, rebased to 100: Takara standard against the median of its 20 peers (local-currency closes).

Takara standard financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥255B¥253B¥243B¥235B¥227B
Revenue growth—+4%+4%+3%—
Gross profit¥91.1B¥90.1B¥84.5B¥79.6B¥76.0B
EBITDA¥26.3B¥26.7B¥23.1B¥19.6B¥17.7B
Net income¥14.5B¥15.1B¥11.1B¥9.50B¥8.42B
Free cash flow¥8.63B¥10.4B¥13.7B-¥14.6B-¥1.64B
Capital expenditure¥28.7B¥16.5B¥10.5B¥14.5B¥8.62B
Total debt¥4.34B¥4.34B¥6.75B¥7.65B¥8.10B

Quarterly statements and history in the cockpit →

Takara standard competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%PLPC603366603992003043ZEHNCENTURYPLYAPOG600894NX300217603269001322437730688408TILE017800002135JHD6031117981.T6-month return →1-month return →
Up and to the right = strong over both horizons. Takara standard is the large dot.

Fundamentals: revenue growth against valuation

-20%-10%0%+10%+20%2×4×6×PLPC603366603992003043ZEHNCENTURYPLYAPOG600894300217603269001322437730603098688408TILE017800002135JHD6031117981.TRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Takara standard is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%PLPC603366603992003043ZEHNAPOG600894NX300217001322017800002135JHD7981.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Takara standard is the large dot.

Takara standard competitors and peer comparison

Head to head with its named competitors (7981.T vs 5938.T vs 6752.T)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Takara standard 7981.T$1.20B+2%+2%7%0.5×-5.5%
LIXIL 5938.T$3.07B+4%+2%2%0.7×17.3%
Panasonic 6752.T$44.5B-6%+4%8%1.0×9.8%

How Takara standard compares with its peers

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.

Takara standard against its 20 peers (data as of 6 Nov 2026)
Measure7981.TPeer medianRank in peer set
1-month return0.0%-3.0%9th highest of 21
6-month return+2.2%-18.4%7th highest of 21
Distance from 52-week high-9.0%-34.3%2nd highest of 21
Revenue growth (TTM)+1.8%+0.5%10th highest of 21
Operating margin7.2%7.8%10th lowest of 21
EV / Sales0.5×1.5×cheapest of 21
Growth the price implies (Req g, 7 yrs)-5.5%7.2%3rd least demanding of 16
Growth delivered (Del g)+5.7%+4.7%6th highest of 16
Hurdle (Req g minus delivered)-11.2 pp+2.7 pp4th least demanding of 16
ROIC minus cost of capital+2.1 pp-2.9 pp8th highest of 21
EV / EBITDA5.2×9.4×cheapest of 10
Net debt / EBITDA-2.0×1.0×least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Takara standard 7981.TJapan$1.20B+2%+2%7%0.5×-5.5%+5.7%
Preformed Line Products PLPCUnited States$1.28B-24%+16%10%1.6×10.2%+7.5%
Solareast 603366.SSChina$1.07B+8%0%-2%1.6×39.8%+2.9%
Xiamen Solex High-Tech Industries 603992.SSChina$1.38B-35%+18%8%2.5×13.5%+5.2%
Suzhou Huaya Intelligence Technology 003043.SZChina$990M-20%+2%11%6.4×27.6%+22.3%
Zehnder ZEHN.SWSwitzerland$983M+10%+2%8%1.1×2.5%+1.5%
Century Plyboards (India) CENTURYPLY.NSIndia$1.50B-20%+26%10%2.6×n/an/a
Apogee Enterprises APOGUnited States$956M+25%+3%9%0.9×-0.3%+2.7%
Guangzhou Guangri Stock 600894.SSChina$956M-20%+2%0%0.6×7.2%+1.4%
Quanex Building Products NXUnited States$949M+2%+1%6%0.9×6.0%+16.6%
Zhenjiang Dongfang Electric Heating Technology 300217.SZChina$944M-17%-23%0%1.9×22.5%+6.5%
Jiangsu Seagull Cooling Tower 603269.SSChina$943M+40%+8%11%3.5×n/an/a
Arrow Home 001322.SZChina$887M-14%-12%-2%1.2×15.8%-0.1%
Samhyun 437730.KSSouth Korea$860M-31%-18%-17%13.7×n/an/a
Center International 603098.SSChina$847M-26%-30%4%2.6×n/an/a
Arctech Solar 688408.SSChina$820M-38%-19%-1%1.1×n/an/a
Interface TILEUnited States$1.78B+4%+7%12%1.4×11.4%+4.7%
Hyundai Elevator 017800.KSSouth Korea$1.79B-31%-9%9%1.1×-5.5%+6.3%
Zhejiang Southeast Space Frame 002135.SZChina$764M-46%-4%2%0.9×-12.0%+0.3%
James Halstead JHD.LUnited Kingdom$762M+4%-1%18%1.9×-4.7%-0.5%
Nanjing Kangni Mechanical & Electrical 603111.SSChina$749M-16%-1%8%0.9×-7.1%+4.8%

Questions

Who are Takara standard's main competitors?
Named competitors: LIXIL Corporation (5938.T), Panasonic Holdings (housing equipment) (6752.T), Cleanup Corporation (private or unlisted). The cockpit's measured peer set (industry) also includes Preformed Line Products (PLPC), Solareast (603366.SS), Xiamen Solex High-Tech Industries (603992.SS), Suzhou Huaya Intelligence Technology (003043.SZ), Zehnder (ZEHN.SW), Century Plyboards (India) (CENTURYPLY.NS).
Is Takara standard expensive compared with its peers?
On ev / sales it trades at 0.5× against a peer median of 1.5×, cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -11 pp: the price already allows for a slowdown.
How has Takara standard stock performed?
Over six months to 6 Nov 2026 the shares returned +2.2% against -18.4% for the median peer; over one year +20.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.