Daikin Industries,Ltd.

TSE-6367

Basic

Market Cap
¥6,348.61B
EV
¥6,624.83B
Shares Out
292.77M
Revenue
¥4,395.32B
Employees
98,162

Margins

Gross
34.35%
EBITDA
13.83%
Operating
8.92%
Pre-Tax
8.77%
Net
5.92%
FCF
3.57%

Returns (5Yr Avg)

ROA
6.04%
ROTA
13.6%
ROE
11.38%
ROCE
12.86%
ROIC
8.62%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
¥26,280
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
¥737.96B
Net Debt
¥230.22B
Debt/Equity
0.36
EBIT/Interest
8.73

Growth (CAGR)

Rev 3Yr
20.8%
Rev 5Yr
12.12%
Rev 10Yr
9.44%
Dil EPS 3Yr
18.53%
Dil EPS 5Yr
6.59%
Dil EPS 10Yr
10.93%
Rev Fwd 2Yr
5.49%
EBITDA Fwd 2Yr
7.48%
EPS Fwd 2Yr
9.33%
EPS LT Growth Est
11.04%

Dividends

Yield
—
Payout
28.11%
DPS
¥250
DPS Growth 3Yr
16.04%
DPS Growth 5Yr
9.34%
DPS Growth 10Yr
17.46%
DPS Growth Fwd 2Yr
13.01%

Metric	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
Total Revenues					2,550,305	2,493,386	3,109,106	3,981,578	4,395,317
Total Revenues % Chg.					2.8%	-2.2%	24.7%	28.1%	10.4%
Cost of Goods Sold, Total					1,665,407	1,629,250	2,051,767	2,650,102	2,885,644
Gross Profit					884,898	864,136	1,057,339	1,331,476	1,509,673
Selling General & Admin Expenses, Total					449,305	440,996	527,580	691,625	799,978
Provision for Bad Debts					2,240	2,215	2,627	3,408	3,949
R&D Expenses					50,515	53,819	64,701	83,205	102,582
Depreciation & Amortization					33,792	36,178	40,952	51,181	60,826
Amortization of Goodwill and Intangible Assets					30,683	30,050	32,684	39,496	45,585
Other Operating Expenses					52,849	62,255	72,443	85,528	104,616
Other Operating Expenses, Total					619,384	625,513	740,987	954,443	1,117,536
Operating Income					265,514	238,623	316,352	377,033	392,137
Interest Expense, Total					-11,008	-8,791	-8,824	-20,293	-44,900
Interest And Investment Income					13,113	10,696	12,888	16,980	21,123
Net Interest Expenses					2,105	1,905	4,064	-3,313	-23,777
Income (Loss) On Equity Invest.	—	—			166	7	1,401	1,697	1,605
Currency Exchange Gains (Loss)					460	547	4,492	3,795	-1,112
Other Non Operating Income (Expenses)					779	-835	1,186	-12,968	-14,363
EBT, Excl. Unusual Items					269,024	240,247	327,495	366,244	354,490
Gain (Loss) On Sale Of Investments					10,230	-164	5,654	15,830	45,850
Gain (Loss) On Sale Of Assets					205	-1,322	-335	-1,046	-2,802
Asset Writedown		—	—	—	-23,554	-225	-3,667	-8,582	-12,244
Other Unusual Items					274	6	-1,092	937	-1
EBT, Incl. Unusual Items					256,179	238,542	328,055	373,383	385,293
Income Tax Expense					78,982	75,797	102,786	107,941	115,459
Earnings From Continuing Operations					177,197	162,745	225,269	265,442	269,834
Minority Interest					-6,466	-6,496	-7,560	-7,688	-9,523
Net Income					170,731	156,249	217,709	257,754	260,311
Net Income to Common Incl Extra Items					170,731	156,249	217,709	257,754	260,311
Net Income to Common Excl. Extra Items					170,731	156,249	217,709	257,754	260,311
Total Shares Outstanding					292.6	292.7	292.7	292.7	292.8
Weighted Avg. Shares Outstanding					292.5	292.6	292.7	292.7	292.7
Weighted Avg. Shares Outstanding Dil					292.7	292.8	292.8	292.9	292.9
EPS					583.6	534	743.9	880.6	889.2
EPS Diluted					583.2	533.7	743.5	880.1	888.6
EBITDA					393,999	372,216	464,414	559,257	607,701
Effective Tax Rate					30.8%	31.8%	31.3%	28.9%	30%