Daifuku Co (6383) AI Stock Analysis

• Market Cap: ¥2.25T
• Dividend Yield: 1.3%
• Average Volume (3M): 1.35M
• Price to Earnings (P/E): 28.1
• Beta (1Y): 1.04
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: 11,042
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): N/A
• Shares Outstanding: 379,830,230
• 10 Day Avg. Volume: 1,257,220
• 30 Day Avg. Volume: 1,346,703
• PEG Ratio: 2.58
• Price to Book (P/B): 3.75
• Price to Sales (P/S): 2.20
• P/FCF Ratio: 77.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥5,700.19
• Price Target Upside: -9.04% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 226.83
• Revenue Forecast (FY): ¥708.27B

• Rating: 70 Outperform
• Price Target: ¥6,929.00 ▲(10.56% Upside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is driven primarily by strong profitability and a low-leverage balance sheet, supporting resilience. This is tempered by weakening revenue and softer cash-flow trends, while technicals are bullish but overbought. A relatively high P/E and modest yield also cap the valuation component.

Positive Factors

Strong margins and profitability

Sustained TTM operating (~15%) and net (~11%) margins indicate durable earnings power. High margins provide internal funding for R&D, service networks and capex, help absorb project timing swings, and support long-term return generation even if top-line growth softens.

Conservative balance sheet and high ROE

Low leverage (debt/equity ~0.15) and strong ROE (~21%) give financial flexibility to fund projects, M&A or cyclic downturns without forcing asset sales. A conservative capital structure lowers solvency risk and preserves capacity for long-term strategic investments.

After-sales service and market diversification

Recurring service, parts and retrofit revenue smooths cash flow and raises lifetime value of installations. Participation across logistics, factory automation and airports diversifies demand cycles, making core earnings less dependent on single-sector capex waves over the medium term.

Negative Factors

Declining revenues (TTM -11.5%)

An ~11.5% TTM revenue decline signals weaker project intake or slower end-market capex. For a project-driven automation business, sustained revenue weakness can erode backlog conversion, reduce operating leverage and limit ability to grow service annuities over the next several quarters.

Volatile and weakening free cash flow

FCF contraction (~21% TTM) and inconsistent operating cash suggest working-capital swings and lumpy project collections. Weaker, volatile cash generation hampers funding for replacement capex, service expansion and shareholder returns, increasing sensitivity to project timing.

Rising total debt versus prior years

Although leverage is low, rising absolute debt versus prior years signals higher funding needs or financing of growth. If revenue and cash flow weaken further, incremental debt raises interest exposure and reduces cushion for capital spending or cyclical downturns.

Daifuku Co Business Overview & Revenue Model

Company Description

Daifuku Co., Ltd. provides consulting, engineering, design, manufacture, installation, and after-sales services for logistics systems and material handling equipment in Japan and internationally. The company offers automated warehousing, various storage and transport, and sorting and picking systems to distributors, including e-commerce, retail, wholesale, transportation, and warehousing customers, as well as to food, pharmaceuticals, and chemicals manufactures; and cleanroom transport and storage systems used in manufacturing semiconductors and flat panel displays for smartphones and tablet computers. It also provides systems for automobile production processes; and solutions for airports comprising baggage handling systems, automated baggage check-in systems, baggage screening systems, and software and controls. In addition, the company offers car wash machines to filling stations and automobile dealers; and high-end industrial personal computers, controllers used in medical devices, computers built in digital signage, and measuring/control systems for solar facilities, as well as IT systems and wireless power supply solutions. The company was formerly known as Daifuku Machinery Works Co., Ltd. Daifuku Co., Ltd. was founded in 1937 and is headquartered in Osaka, Japan.

How the Company Makes Money

Daifuku generates revenue through multiple key streams, primarily by designing, manufacturing, and selling its automated material handling systems and services. The company earns income from the initial sale of equipment and systems, as well as from long-term maintenance and support contracts. Additionally, Daifuku benefits from recurring revenue through software solutions that enhance warehouse management and logistics operations. Significant partnerships with major corporations in the automotive and e-commerce sectors bolster its market presence and contribute to stable earnings. The company also engages in international expansion, allowing it to tap into emerging markets and diversify its revenue sources.

Daifuku Co Financial Statement Overview

Summary

Strong profitability (TTM operating margin ~15%, net margin ~11%) and a conservative balance sheet (debt-to-equity ~0.15, ROE ~21%) support a solid base. Offsetting factors are a meaningful TTM revenue decline (~11.5%) and softer, more volatile cash flow (TTM FCF down ~21%; FCF ~73% of net income).

Income Statement

Profitability is strong in TTM (Trailing-Twelve-Months), with healthy operating and net margins (about 15% operating margin and ~11% net margin), improving versus recent annual periods. However, the top line has turned down, with TTM revenue down ~11.5%, which raises near-term growth risk despite solid earnings power.

Balance Sheet

The balance sheet looks conservative, with low leverage (debt-to-equity around 0.15 in TTM (Trailing-Twelve-Months)) and a sizable equity base. Returns on equity are strong in TTM (roughly 21%), indicating efficient use of capital. A watch item is that total debt has risen versus some prior years, even though leverage remains very manageable.

Cash Flow

Cash generation is positive, with TTM (Trailing-Twelve-Months) free cash flow of ~¥54B and free cash flow equal to ~73% of net income, which is supportive of earnings quality. That said, cash flow has been more volatile than profits: TTM free cash flow declined ~21%, and operating cash flow is not consistently strong relative to revenue across periods, suggesting working-capital swings and/or higher investment needs.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	660.72B	750.97B	611.48B	601.92B	512.27B	473.90B
Gross Profit	161.65B	170.18B	119.78B	109.80B	94.30B	88.16B
EBITDA	116.09B	111.18B	74.03B	64.60B	59.30B	52.85B
Net Income	78.10B	76.12B	45.46B	41.25B	35.88B	32.39B
Balance Sheet
Total Assets	754.21B	698.57B	646.15B	551.55B	483.32B	445.46B
Cash, Cash Equivalents and Short-Term Investments	261.25B	221.52B	142.04B	102.75B	118.77B	94.17B
Total Debt	61.38B	69.22B	70.62B	11.46B	26.36B	35.14B
Total Liabilities	302.65B	300.14B	287.40B	219.23B	191.26B	183.44B
Stockholders Equity	451.55B	398.09B	358.41B	332.02B	290.77B	257.06B
Cash Flow
Free Cash Flow	53.93B	104.25B	17.39B	6.32B	46.23B	30.75B
Operating Cash Flow	76.14B	116.13B	37.12B	20.03B	56.69B	38.23B
Investing Cash Flow	-24.30B	-2.39B	-29.58B	-11.87B	-9.83B	-6.13B
Financing Cash Flow	-27.35B	-36.82B	22.73B	-30.19B	-27.55B	-8.93B

Daifuku Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 6267.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6383, the sentiment is Neutral. The current price of 6267 is above the 20-day moving average (MA) of 6156.45, above the 50-day MA of 5618.94, and above the 200-day MA of 4663.67, indicating a neutral trend. The MACD of 186.46 indicates Positive momentum. The RSI at 47.83 is Neutral, neither overbought nor oversold. The STOCH value of 38.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6383.

Daifuku Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6371	81 Outperform	¥266.68B	11.09	8.83%	3.85%	1.48%	8.86%
6273	78 Outperform	¥4.48T	28.86	7.96%	1.86%	2.43%	-1.86%
6268	71 Outperform	¥581.48B	37.78	5.25%	2.13%	-2.23%	130.96%
6383	70 Outperform	¥2.25T	28.06	16.30%	1.30%	―	―
6594	69 Neutral	¥2.60T	21.68	6.88%	0.97%	5.35%	26.51%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6481	55 Neutral	¥613.88B	96.13	1.88%	6.16%	1.98%	-48.28%