Teichmann crossed the finish line in 1 hour, 11 minutes, 35.8 seconds. Angerer, who leads the World Cup standings this year, was 0.5 seconds behind. Turin Olympic bronze medalist Pietro Piller Cottrer of Italy was third in 1:11:36.7.
Turin silver medalist Frode Estil of Norway finished 17th.
The 2007 championships are first as an independent event in Asia. In 1972, when the Winter Olympics were held in Sapporo, the event doubled as the FIS World Ski Championships.
Germany now has four medals in the Feb. 22-March 4 meet. Norway leads with five.
The ski jumping large hill event will be held later Saturday.