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Dowa Holdings Co., Ltd.

Dowa Holdings Co., Ltd.

DWMNF
Dowa Holdings Co., Ltd.US flagOther OTC
62.00
USD
- -
- -
3.67BMarket Cap
Dowa Holdings Co., Ltd.
DWMNF
(Other OTC)

Recent

price

62.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5,276.25
6,419.67
6,631.52
7,085.44
7,501.14
7,843.15
6,869.69
6,935.81
7,683.6
7,652.75
8,196.98
9,926.95
13,979.26
13,107.17
12,048.08
11,397.93
5,819.2
Revenue per Share
74.8
144.02
179.28
257.02
393.82
448.45
368.76
442.15
417.22
253.21
293.91
368.44
857.32
420.76
467.9
455.6
246.38
Basic EPS, GAAP
256.53
112.36
255.21
288.9
234.15
363.37
423.86
57.87
-218.15
234.38
320.81
-643.39
472.79
296.55
1,348.5
-576.89
- -
Free Cash Flow per Basic Share
50.06
50.82
50.79
50.84
60.92
76.18
91.35
91.37
91.39
91.37
91.38
91.28
95.95
131.21
131.22
131.25
- -
Dividend per Share
1,359.61
1,429.73
1,557.46
1,767.47
2,099.09
2,450.96
2,728.39
3,079.21
3,404
3,549.23
3,740.27
4,013.42
4,752.73
5,039.82
5,360.95
5,683.83
5,573.84
Book Value per Share
1,763.94
1,786.31
1,913.58
2,216.31
2,621.2
3,119.88
3,262.09
3,681.11
4,034
4,028.77
4,236.58
4,536.66
5,362.98
5,871.78
6,359.61
6,837.44
6,695.35
Tangible Book Value per Share
58
59
59
59
59
59
59
59
59
59
59
59
60
60
60
60
60
Basic Weighted Avg Shares
307,462
379,816
392,468
419,390
443,985
464,219
406,598
410,503
454,754
452,928
485,130
588,003
831,794
780,060
717,194
678,672
346,435
Sales/Revenue/Turnover
6.05
7.39
5.61
5.86
7.16
8.42
8.63
8.28
6.81
4.12
5.35
6.37
7.67
5.72
4.18
4.75
4.54
Operating Margin (%)
19,875
19,017
18,846
17,504
16,724
16,074
15,688
16,297
17,740
19,137
19,773
20,525
23,085
24,453
25,801
29,296
- -
Depreciation Expense
4,359
8,521
10,610
15,213
23,310
26,543
21,826
26,169
24,693
14,986
17,395
21,824
51,012
25,041
27,853
27,128
14,668
Net Income, GAAP
44.62
42.5
39.21
34.42
28.93
36.14
31.74
27.93
27.76
35.7
35.05
35.09
26.28
35.74
32.52
27.37
33
Effective Tax Rate (%)
1.42
2.24
2.7
3.63
5.25
5.72
5.37
6.37
5.43
3.31
3.59
3.71
6.13
3.21
3.88
4
4.23
Profit Margin (%)
32,052
43,221
41,545
38,162
42,195
61,398
68,016
73,710
85,534
74,551
85,357
100,105
154,774
169,873
163,767
165,381
170,929
Working Capital
83,639
83,829
70,928
54,623
38,142
38,208
34,727
28,926
40,424
59,355
69,981
65,837
70,708
52,816
30,527
22,280
26,884
LT Debt
111,667
113,785
121,806
142,400
166,986
195,648
203,369
227,819
247,761
246,157
258,239
276,713
328,573
360,601
388,789
416,034
408,091
Total Equity
3.74
6.17
5.36
6.46
8.49
8.74
8.19
8.12
6.6
3.22
4.22
5.44
9.46
5.5
3.91
4.37
1.99
Return on Invested Capital (%)
1.97
3.63
4.87
7.25
10.7
11.47
9.18
10.14
8.31
4.6
4.63
4.64
10.04
4.44
5.76
5.72
3.11
Return on Capital (%)
5.56
10.4
12
15.46
20.37
19.71
14.24
15.23
12.87
7.28
8.06
9.51
19.6
8.59
9
8.25
4.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
82,310
- -
107,160
LT Borrowings
30,527
- -
26,884
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
- -
60
Market Capitalization
304,223
347,308
265,961

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
341,851
- -
364,414
Cash, Cash Equivalents & STI
75,066
- -
43,345
Accounts Receivable, Net
85,579
- -
88,149
Inventories
159,502
- -
209,379
Total Current Liabilities
178,084
- -
193,485
Payables & Accruals
- -
- -
- -
ST Debt
82,310
- -
107,160
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.95%
10.09%
7.01%
Free Cash Flow
-101.7%
-59.95%
-142.79%
Net Income, GAAP
9.02%
23.38%
-2.6%
Sales/Revenue/Turnover
4.91%
8.6%
-5.37%
Total Cash Common Dividend
- -
8.49%
0.05%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
190,961
179,798
180,916
165,519
717,194
2025
- -
- -
- -
- -
678,672
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
131.98
- -
- -
- -
467.9
2025
- -
- -
- -
- -
455.6
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
131.22
2025
- -
- -
- -
- -
131.25
2026
- -
- -
- -
- -
- -
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Business
Dowa Holdings Co., Ltd. (Ticker: DWMNF) operates as a diversified Japanese non-ferrous metals company engaged in the smelting, refining, and recycling of metals such as copper, gold, silver, lead, zinc, and electronic materials; it manufactures advanced materials including high-purity metals, rare earth magnets, heat-resistant alloys, and semiconductor-related products; and provides environmental services encompassing waste treatment, recycling solutions, and resource recovery. The company offers specialized products under brands and categories like DOWA Electronics Materials for semiconductors and LEDs, DOWA Metaltech for recycling and powder metals, and DOWA Eco-System for urban mining and waste management services; it also supplies battery materials, thermoelectric modules, and precision components for automotive and electronics industries. Founded in 1884 and headquartered in Tokyo, Japan, Dowa Holdings conducts operations primarily in Japan, with significant presence in Asia, Europe, and North America, serving industrial clients in electronics, automotive, energy, and environmental sectors. In recent developments within the last two years, the company expanded its battery materials business through strategic investments in cathode and anode materials for electric vehicles; formed alliances for sustainable recycling technologies; and pursued operational enhancements in high-purity gallium production amid global semiconductor demand. No major name changes, reorganizations, or blockbuster acquisitions were reported in 2024-2025.