Daido Metal Co., Ltd.
1,098.00
JPY
-39.00
(-3.43%)
ISIN
JP3491800003
Return %
Stock
S&P 500
1Y
10.02
14.20
3Y
114.04
81.12
5Y
80.89
68.34
Capital Structure
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JPY
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in mil. unless spec.Growth Rates
JPY
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in mil. unless spec.Quarterly Revenue
JPY
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in mil. unless spec.Quarterly Earnings Per Share
JPY
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JPY
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in mil. unless spec.Company Description
- CEO
- Seigo Hanji
- Full Time Employees
- 7,267
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Nagoya-Hirokoji Building Nagoya AI Japan 460-0008
- IPO Date
- Oct 2, 1961
- Website
- daidometal.com
- Similar Companies
- Business
- Daido Metal Co., Ltd. (7245.T) manufactures and sells plain bearings and related products primarily for automotive, marine, energy, and industrial applications worldwide. The company produces engine bearings including half shell bearings, bushings, thrust washers, and turbocharger bearings for passenger cars, buses, trucks, motorcycles, construction machinery, and race cars; non-engine automotive bearings for shock absorbers and other parts; marine and industrial bearings such as low-speed 2-stroke diesel engine bearings (diameters over 1,000 mm), medium- and high-speed engine bearings, turbine bearings, supercharger bearings, waterwheel bearings, and compressor bearings; metal-polymer plain bearings for office equipment, construction machinery, high-speed vehicles, trains, power plants, and general industry; aluminum die-cast products, precision metal manufactured parts like molded pipes and knock pins, rotary pumps, and electrode sheets for electric double layer capacitors. It operates 25 global manufacturing locations and 36 sales locations across Japan, North America, Europe, Asia, China, Thailand, India, Mexico, and other regions, serving 26 automotive manufacturers and over 1,000 business partners. Founded in November 1939 and headquartered at Nagoya Hirokoji Bldg. in Nagoya with Tokyo headquarters in Shinagawa-ku, the company lists on the Tokyo Stock Exchange Prime Market and Nagoya Stock Exchange Premier Market. In the last two years, Daido Metal merged with Asia Kelmet Co., Ltd. in October 2023; launched its New Midterm Plan 2025-2030 'Bridge to Daido 2030' in May 2025 targeting sales of JPY 150 billion and operating profit of JPY 12 billion by FY2027 with emphasis on powertrain, marine & energy, life, and frontier businesses including EV-related expansion and offshore wind turbine bearings; invested JPY 6 billion in a new European plant for offshore wind generator bearings; achieved profitability in its aluminum die-cast business by Q4 FY2024 through production reforms reducing scrap rates and air freight costs; reorganized global production systems for cost efficiency; and received the 'Gold Medal Supplier Award' from CSSC Group in December 2024.