Daikin Industries,Ltd.

¥21,790As of Sun 8 Nov 2026, 12:00 UTC

TSE:6367Industrials

Country Japan

PE (Fwd) •••

TSR 10Y CAGR 9.35%

Div yield 1.65%

ROE 9.78%

Industrial (Machinery)

Beta (5Y) 0.51

PE TTM 21.84

TSR TTM 23.39%

Mkt cap ¥6.065T

ROIC 9.53%

SE Grade™

—

Value

Quality

Moat

Consensus

Reference

¥20,791

(4.59%)

(1.68%)

Hold 8|10|4|3|12

TTM

FYE 31 Mar JPY

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

1,009

Revenue¥B

1,257

1,327

1,397

1,456

1,544

1,637

1,709

1,767

1,854

1,960

1,048

4.89%

5.09%

26.80

Revenue growth%

10.00

9.05

6.82

6.24

6.94

6.31

4.20

3.03

2.46

2.55

28.30

3.03

6.28

20.12

Gross margin%

24.34

22.19

21.50

24.28

24.38

27.34

26.10

24.45

25.87

25.15

16.55

25.87

24.42

10.63

Operating margin%

27.73

28.95

27.96

26.19

25.17

22.88

20.13

23.03

20.20

21.88

16.51

21.88

24.10

17.85

Net margin%

30.22

30.17

30.89

33.10

32.12

32.38

31.73

33.49

30.80

32.33

19.11

32.33

31.93

17.63

P/E ratio (avg)x

11.21

11.34

11.75

12.90

12.70

12.44

13.26

14.21

14.09

15.58

30.03

14.09

12.80

18.63

EV/EBITx

30.54

31.08

31.44

37.08

35.87

35.23

36.02

36.71

38.71

38.34

28.63

36.71

35.94

29.27

FCF yield (avg)%

22.70

23.75

21.14

22.95

20.93

17.97

17.12

17.07

14.19

13.70

7.90

17.07

19.45

26.79

FCF margin%

20.59

22.74

24.59

21.69

21.49

22.83

23.70

25.96

23.29

22.36

10.81

23.29

22.79

1.036

FCF / Net incomex

0.806

0.839

0.759

0.703

0.710

0.684

0.649

0.595

0.590

0.524

0.139

0.595

0.694

13.88

ROIC%

9.03

9.45

9.00

6.08

4.04

4.41

2.19

0.40

2.72

2.46

3.72

2.46

4.23

3.97

Return on equity%

10.00

7.69

4.98

5.32

8.04

9.31

11.43

9.44

11.22

12.24

14.55

11.22

9.38

4.17

Return on assets%

1.99

2.73

3.22

0.49

0.40

2.76

0.56

0.40

9.24

0.40

0.53

2,933

EPS¥

3,205

3,337

3,880

4,421

4,820

5,603

5,901

6,110

6,487

7,406

3,257

8.97%

8.11%

—

11.99

EPS growth%

1.05

0.40

1.59

2.55

2.40

3.19

2.24

3.00

2.40

1.32

1,236

Bookvalue per sh¥

5,289

4,991

5,432

6,081

6,381

6,803

6,757

6,821

7,734

7,435

2,986

3.10%

4.68%

—

3,452

FCF per share¥

3,062

2,842

2,590

2,607

2,744

2,865

3,110

2,916

2,931

3,072

3,546

2.28%

0.55%

—

1,689

Dividend per sh¥

605.27

654.31

674.73

643.08

670.69

587.21

505.89

542.08

523.46

473.48

1,961

(6.73%)

(2.30%)

—

19.91

Div yield (avg)%

20.98

23.00

24.95

23.91

22.79

25.46

24.65

23.27

23.40

22.18

9.59

23.40

23.33

20.09

Payout ratio%

14.65

12.44

12.50

15.00

14.52

14.10

11.91

9.19

6.36

5.62

3.77

9.19

12.47

279.1

Shares (diluted)M

540.6

568.0

613.8

647.5

650.9

640.9

666.8

740.2

746.7

750.4

279.3

2.89%

5.03%

4.70

Buyback yield%

15.61

13.61

12.98

11.23

13.52

14.92

14.03

15.49

17.59

17.09

26.70

15.49

14.47

0.256

D/E ratiox

0.605

0.648

0.609

0.661

0.679

0.690

0.672

0.683

0.635

0.607

1.449

0.672

0.655

1,037

Enterprise value¥B

124.5

113.9

114.7

117.7

115.1

102.4

99.24

90.91

95.79

82.77

647.7

(6.39%)

(3.23%)

452.8

LT debt¥B

540.2

527.1

507.0

489.0

522.4

576.5

659.8

650.5

614.6

595.2

415.6

2.65%

1.30%

Peers (US$38.51B)

Cap (US$)

Mitsubishi Heavy…

62.16B

23.28x

Komatsu Ltd.

32.84B

13.26x

Fanuc Corporation

31.19B

24.84x

SMC Corporation

22.07B

17.43x

Capital

TTM

10Y

Leveragex

0.538

0.294

0.234

EBIT/Intx

1.170

0.128

0.124

Own earn%

(94.48)

(24.02)

(24.51)

Sh yield%

24.61

39.27

38.31

Owners

Insiders/Inst%

12.23

60.70

Short interest%

2.65

SBC / revenue%

5.83

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

20–29

$1 testx

0.0

Incr. ROIC%

Daikin Industries,Ltd., together with its subsidiaries, manufactures and sells air conditioning and refrigeration equipment in Japan, the United States, China, Europe, Asia, Oceania, and internationally.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

¥1.960T

5.09%

1.00×

Cost of revenue

¥1.266T

5.19%

1.01×

Operating expenses

¥428.5B

4.65%

0.96×