Daiwa Industries Ltd.

Daiwa Industries Ltd.

DAWIF
Daiwa Industries Ltd.US flagOther OTC
9.44
USD
- -
- -
465.99MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
574.93
623.63
700.19
728.68
738.77
776.67
784.58
778.46
860.27
868.74
931.25
971.17
950.5
934.19
Basic EPS, GAAP
75.69
66.98
79.41
81.1
73.89
75.44
79.56
61.27
70.63
87.9
112.17
110.24
102.83
110.27
Free Cash Flow per Basic Share
57.55
52.35
93.87
73.48
81.79
83.23
67.69
57.43
82.57
73
156.15
18.2
59.04
- -
Dividend per Share
9.97
10.04
9.98
9.97
10.02
14.97
39.95
20.1
29.94
30.21
29.89
29.96
59.96
- -
Book Value per Share
457.5
509.09
575.76
648.35
713.96
776.11
819.98
863.37
905.38
761.51
862.49
942.75
985.55
1,187.25
Tangible Book Value per Share
925
981.61
1,047.56
1,118.05
1,181.96
1,241.96
1,280.92
1,323.11
1,362.45
1,187.56
1,298.9
1,378.45
1,424.81
1,335.85
Basic Weighted Avg Shares
51
51
51
51
51
51
51
51
51
51
49
49
49
49
Sales/Revenue/Turnover
29,540
32,031
35,956
37,419
37,936
39,882
40,150
39,818
43,979
43,943
45,969
47,939
46,920
46,116
Operating Margin (%)
17.53
17.24
17.16
16.43
14.23
14.93
14.86
12.66
14.25
15.9
17.7
16.85
15.94
17.31
Depreciation Expense
536
840
893
828
906
890
873
991
801
691
692
905
952
- -
Net Income, GAAP
3,889
3,440
4,078
4,165
3,794
3,874
4,072
3,134
3,611
4,446
5,537
5,442
5,076
5,444
Effective Tax Rate (%)
27.71
38.02
36.05
32.28
30.78
33.06
32.71
33.3
31.16
35.25
30.7
31.64
32.15
30.61
Profit Margin (%)
13.16
10.74
11.34
11.13
10
9.71
10.14
7.87
8.21
10.12
12.05
11.35
10.82
11.8
Working Capital
36,502
34,588
37,378
39,982
44,456
44,356
47,938
51,814
51,615
36,693
41,029
44,399
46,644
41,932
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
47,592
50,528
53,885
57,544
60,835
63,900
65,692
67,845
69,790
60,197
64,279
68,284
70,550
66,208
Return on Invested Capital (%)
8.02
6.85
7.37
7.17
6.1
6.28
6.09
4.97
6.18
6.89
8.97
8.18
7.2
8.51
Return on Capital (%)
17.72
13.86
14.64
12.76
10.48
10.13
9.95
7.28
7.98
10.49
13.66
12.21
10.67
9.61
Return on Common Equity (%)
17.72
13.86
14.64
13.25
10.85
10.13
9.95
7.28
7.98
10.49
13.66
12.21
10.67
9.61

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
49
49
49
Market Capitalization
67,914
75,508
79,068

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
68,536
67,541
69,668
Cash, Cash Equivalents & STI
60,067
58,080
59,725
Accounts Receivable, Net
3,905
4,588
4,940
Inventories
4,140
4,473
4,599
Total Current Liabilities
27,508
26,021
27,736
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.91%
1.09%
3.32%
Free Cash Flow
23.33%
55.22%
224.5%
Net Income, GAAP
3.19%
10.89%
-6.72%
Sales/Revenue/Turnover
2.75%
3.43%
-2.13%
Total Cash Common Dividend
31.17%
29.13%
100.13%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,537
12,271
- -
- -
47,939
2025
- -
- -
- -
- -
46,920
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20.84
- -
- -
- -
110.24
2025
- -
- -
- -
- -
102.83
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
29.96
2025
- -
- -
- -
- -
59.96
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Atsushi Ozaki
Full Time Employees
1,872
Sector
Industrials
Industry
Industrial - Machinery
Address
Daiwa Reiki Uehonmachi DRK Building Osaka Japan 543-0028
IPO Date
Aug 3, 2012
Website
drk.co.jp
Business
Daiwa Industries Ltd. is a Japan-based manufacturer and seller specializing in commercial refrigeration equipment. Its core products include upright and undercounter freezers and refrigerators, showcases, ice makers, and vending machines. The company also manufactures and leases heating and cooling equipment for store kitchens, medical-related refrigeration equipment, and scientific-use refrigeration units. In addition, it offers equipment inspection, repair, and leasing services, and it is engaged in planning, designing, and constructing stores and kitchens. Daiwa Industries operates primarily in Japan with a network of offices, factories, and service centers supporting its manufacturing and sales activities. Founded in 1950 and headquartered in Osaka, Japan, the company serves a diverse customer base including retail, healthcare, and food service sectors. In recent developments, Daiwa Industries continued enhancing its product lineup with new models of refrigeration and ice-making equipment in 2024, addressing evolving market needs and technological innovations. The company has also focused on expanding its service capabilities and strengthening its operational structure with increased support for equipment inspection and maintenance services. While no major acquisitions by Daiwa Industries itself were reported in the latest period, the company remains active in product innovation and operational efficiency improvements to retain its competitive positioning in the commercial refrigeration market. Daiwa Industries' business segments are concentrated on manufacturing and sales of refrigeration and cooling equipment, along with related service businesses including leasing and maintenance. The company is publicly listed on the Tokyo Stock Exchange under the ticker DAWIF and employs over 2,300 people as of the end of 2024. It maintains multiple sales departments and production facilities within Japan and has an overseas sales presence to serve broader markets. The company emphasizes providing comprehensive refrigeration solutions tailored to commercial and specialized usage environments, backed by service and repair support networks. Daiwa Industries Ltd. has maintained steady growth through product development and customer service enhancement, focusing on high-quality commercial refrigeration equipment suited for retail stores, supermarkets, healthcare facilities, and institutional kitchens. The company continues to leverage its long-standing industry experience and technical expertise to meet the changing demands of customers in Japan and internationally, positioning itself as a leading supplier in the refrigeration and cooling equipment industry.

Company News

APIChat
  • Daiwa Industries: Inspection Drops In The Mix

  • Daiwa Industries: Q3 Revenues Slightly Pick Up

  • Daiwa Industries: Inspection Revenue Likely To Revert To Mean

  • Daiwa Industries: Phenomenal Economics, Almost Entirely For Free