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DAIWA
(6459)
DAIWA (6459) vs. iShares MSCI Japan ETF (EWJ)
DAIWA Business Overview & Revenue Model
DAIWA Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.61B | 46.92B | 47.94B | 45.97B | 43.94B | 43.98B |
| Gross Profit | 12.88B | 25.94B | 27.03B | 26.13B | 24.45B | 24.84B |
| EBITDA | 4.12B | 8.43B | 8.98B | 8.62B | 7.49B | 5.97B |
| Net Income | 2.48B | 5.08B | 5.44B | 5.54B | 4.45B | 3.61B |
Balance Sheet | ||||||
| Total Assets | 92.73B | 93.54B | 93.57B | 92.20B | 86.07B | 82.72B |
| Cash, Cash Equivalents and Short-Term Investments | 58.17B | 59.41B | 59.59B | 60.07B | 53.87B | 55.20B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 23.67B | 22.99B | 25.28B | 27.92B | 25.87B | 12.93B |
| Stockholders Equity | 69.05B | 70.55B | 68.28B | 64.28B | 60.20B | 69.79B |
Cash Flow | ||||||
| Free Cash Flow | 313.44M | 2.96B | 898.14M | 7.71B | 3.69B | 4.22B |
| Operating Cash Flow | 1.31B | 4.30B | 3.45B | 8.89B | 4.29B | 6.43B |
| Investing Cash Flow | -1.00B | -1.52B | -2.45B | -1.22B | -1.14B | -3.14B |
| Financing Cash Flow | -1.73B | -2.96B | -1.48B | -1.48B | -3.39B | -1.66B |
DAIWA Technical Analysis
DAIWA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥101.67B | 48.30 | 5.02% | 3.23% | -10.00% | -51.92% | |
81 Outperform | ¥280.74B | 11.68 | 8.83% | 3.85% | 1.48% | 8.86% | |
77 Outperform | ¥92.92B | 9.96 | 6.26% | 5.31% | 5.45% | 90.90% | |
75 Outperform | ¥96.84B | 18.45 | 7.46% | 3.69% | 2.13% | -1.16% | |
72 Outperform | ¥101.87B | 28.54 | ― | 2.16% | -8.71% | -17.77% | |
70 Outperform | ¥149.70B | 11.89 | 8.17% | 2.04% | 1.48% | 58.59% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
DAIWA Corporate Events
Daiwa Industries has issued a correction to its recently disclosed non-consolidated financial results for the fiscal year ended December 31, 2025 under Japanese GAAP. The revision concerns only the scheduled date to commence dividend payments, reflecting the company’s attention to accuracy in shareholder-related disclosures and its ongoing communication with the market.
The company clarified that the originally stated dividend payment start date of March 31, 2026 was erroneous and has been amended to March 30, 2026. While the change is minor and does not affect the underlying financial figures, it ensures precise information for investors and stakeholders planning around the timing of dividend receipts and reinforces operational transparency.
The most recent analyst rating on (JP:6459) stock is a Buy with a Yen1791.00 price target. To see the full list of analyst forecasts on DAIWA stock, see the JP:6459 Stock Forecast page.
Daiwa Industries has issued a correction to its recently announced medium-term management plan targets for the fiscal year ending December 2028, clarifying that previously stated financial figures were off by a factor of 1,000. The corrected targets now show net sales of 544 billion yen, operating profit of 95 billion yen, and ordinary profit of 93 billion yen, while non-numerical indicators such as PBR of at least 1.0, ROE of 8% or more, and a payout ratio of at least 45% remain unchanged.
The adjustment materially changes the scale of Daiwa’s growth ambitions and financial outlook, signaling a significantly larger performance target than initially communicated. This correction may affect how investors and other stakeholders assess the company’s medium-term strategy and valuation, as it underscores both the magnitude of management’s objectives and the importance of accurate disclosure in guiding market expectations.
The most recent analyst rating on (JP:6459) stock is a Buy with a Yen1791.00 price target. To see the full list of analyst forecasts on DAIWA stock, see the JP:6459 Stock Forecast page.
Daiwa Industries has executed and completed a share buyback program authorized by its board on February 10, 2026, acquiring 250,000 common shares for a total of 426.25 million yen. The repurchase, conducted via the Tokyo Stock Exchange’s ToSTNeT-3 off-auction system, falls within previously approved limits and is aimed at enabling more flexible capital policy in light of evolving business conditions.
By completing the buyback below the maximum authorized volume and cost, the company signals a measured approach to capital deployment while still enhancing shareholder value through a reduced share float. This move may support earnings per share and underscores management’s willingness to adjust its balance sheet and equity structure as market and industry dynamics shift.
The most recent analyst rating on (JP:6459) stock is a Buy with a Yen1791.00 price target. To see the full list of analyst forecasts on DAIWA stock, see the JP:6459 Stock Forecast page.
Daiwa Industries has authorized the purchase of up to 300,000 of its own common shares for a total of 511.5 million yen, aiming to implement capital policies more flexibly amid changes in the business environment. The buyback, to be executed via the Tokyo Stock Exchange’s ToSTNeT-3 off-auction system at a set price of 1,705 yen per share on February 12, 2026, may enhance capital efficiency and shareholder value, though execution could be adjusted depending on market conditions.
The company will announce the outcome of the transaction after the scheduled execution time, and notes that the planned acquisition corresponds to a portion of its existing share base of more than 49 million issued shares and approximately 2.35 million treasury shares as of December 31, 2025. By deploying a targeted off-auction repurchase at the prior closing price, Daiwa is signaling a proactive stance on balance sheet management, which may support its share price and underline confidence in its financial position.
The most recent analyst rating on (JP:6459) stock is a Buy with a Yen1791.00 price target. To see the full list of analyst forecasts on DAIWA stock, see the JP:6459 Stock Forecast page.
Daiwa Industries has approved a new three-year medium-term management plan running from the fiscal year ending December 2026 through December 2028. The plan is intended as a roadmap for improving corporate value and achieving sustainable growth, reflecting the company’s latest business performance and a comprehensive assessment of its business environment.
Under the plan, Daiwa Industries is targeting consolidated net sales of 544 million yen, operating profit of 95 million yen, and ordinary profit of 93 million yen by the fiscal year ending December 2028. The company is also aiming for a price-to-book ratio of at least 1.0 times, return on equity of 8% or more, and a dividend payout ratio of at least 45%, signaling a focus on shareholder returns alongside profitability and market valuation.
The most recent analyst rating on (JP:6459) stock is a Buy with a Yen1791.00 price target. To see the full list of analyst forecasts on DAIWA stock, see the JP:6459 Stock Forecast page.
Daiwa Industries Ltd. plans to change its corporate name to Daiwa Ltd., aligning its branding with a strategic shift from a specialist in cooling equipment to a full-range kitchen manufacturer offering both cooling and heating solutions. The move underscores the company’s intention to provide integrated support for entire kitchen operations, potentially enhancing its competitiveness and market recognition in Japan’s restaurant and retail sectors.
The name change requires amendments to the Articles of Incorporation, which will be submitted for approval at the 65th Annual General Meeting of Shareholders on March 27, 2026. If approved, both the amended Articles and the new trade name will take effect on July 1, 2026, signaling a formal repositioning of the company’s business scope and market identity for shareholders and customers alike.
The most recent analyst rating on (JP:6459) stock is a Buy with a Yen1791.00 price target. To see the full list of analyst forecasts on DAIWA stock, see the JP:6459 Stock Forecast page.
Daiwa Industries reported a slight decline in non-consolidated results for fiscal 2025, with net sales down 2.1% to ¥46.9 billion and profit slipping 6.7% to ¥5.1 billion, while margins eased but remained solid. Despite lower earnings per share, net assets rose to ¥70.5 billion and the equity ratio improved to 75.4%, supported by stronger operating cash flow and a steady year-end cash position of about ¥59.2 billion.
The company maintained its annual dividend at ¥50 per share for 2025 and plans to lift it to ¥60 in 2026, implying a higher payout ratio and continued shareholder returns. For fiscal 2026, Daiwa forecasts a recovery with net sales expected to rise 5.3% to ¥49.4 billion and profit to increase 10.3% to ¥5.6 billion, signaling confidence in improving profitability and reinforcing its stable standing for investors and other stakeholders.
The most recent analyst rating on (JP:6459) stock is a Buy with a Yen1791.00 price target. To see the full list of analyst forecasts on DAIWA stock, see the JP:6459 Stock Forecast page.