Takasago Thermal Engineering Co.,Ltd.

Takasago Thermal Engineering Co., Ltd. is a corporate group whose core business is facilities construction, with the manufacture and sale of equipment as its principal other business. The group comprises 15 consolidated subsidiaries, 2 equity-method affiliates, 8 non-consolidated subsidiaries not accounted for under the equity method, and 4 affiliates not accounted for under the equity method, with operations in Japan and overseas. Its business structure includes the design and construction of air-conditioning systems, maintenance and management, and the design, manufacture and sale of equipment through consolidated subsidiaries and affiliates including TMES Co., Ltd., Nippon PMAC Co., Ltd. and Hyucos Co., Ltd. Overseas operations include 高砂建築工程(中国)有限公司, タカサゴシンガポール Pte. Ltd., 高砂熱学工業(香港)有限公司, タカサゴベトナム Co., Ltd., タイタカサゴ Co., Ltd., T.T.E.エンジニアリング(マレーシア) Sdn. Bhd., タカサゴエンジニアリングメキシコ, S.A. de C.V. and THSイノベーションズ Co., Ltd. The group’s medium- to long-term management policy is built around Long-Term Vision 2040, “Create our PLANET, Create our FUTURE,” and Medium-Term Management Plan 2026, “Step for the FUTURE — Four Years Setting Sail for the Future,” with 2023-2026 as Phase 1. The medium-term plan seeks to strengthen the earnings base through the core construction business and allocate funds to growth investment. To achieve carbon neutrality in 2030 and 2050, the group is implementing green energy supply facilities, developing new technologies and promoting digitalisation, while seeking to expand its overseas business and create new value through DX. In fiscal 2024, it steadily reduced greenhouse gas emissions and established a 2030 target certified by SBTi and a 2050 net-zero target. The group’s material contracts, history and facilities are described below.