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    6383   JP3497400006

DAIFUKU CO., LTD.

(6383)
  Report
Delayed Japan Exchange  -  12:49 2022-06-28 am EDT
7810.00 JPY   -0.38%
05/18UBS Adjusts Daifuku's Price Target to 11,000 Yen From 10,000 Yen, Keeps at Buy
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05/15Daifuku Shares Soar as Net Profit Rises on E-Commerce, Chip-Factory Demand
DJ
04/11DAIFUKU : Corporate Governance Report
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Daifuku Shares Soar as Net Profit Rises on E-Commerce, Chip-Factory Demand

05/15/2022 | 10:41pm EDT

By Kosaku Narioka


Daifuku Co. shares rose sharply Monday morning after the warehouse-equipment maker posted a 11% rise in its fiscal-year net profit thanks to growing demand related to e-commerce and semiconductor production.

The shares were recently 10% higher at 8,080 yen after rising as much as 12% earlier.

Daifuku said after the market closed on Friday that net profit rose to Y35.88 billion ($277.7 million) for the fiscal year ended March. Revenue increased 8.1% to a record Y512.27 billion as increased demand for equipment used in semiconductor factories and a rise in e-commerce boosted sales of equipment for warehouses in Japan.

Daifuku expects both revenue and net profit to rise 10% this fiscal year.

The Topix subindex for machinery makers was recently 1.0% higher and the Nikkei Stock Average was up 0.4%.


Write to Kosaku Narioka at kosaku.narioka@wsj.com


(END) Dow Jones Newswires

05-15-22 2240ET

Stocks mentioned in the article
ChangeLast1st jan.
DAIFUKU CO., LTD. 4.39% 7810 Delayed Quote.-20.11%
NIKKEI 225 1.43% 26871.27 Real-time Quote.-7.99%
TOPIX INDEX 1.11% 1898.98 Delayed Quote.-6.30%
All news about DAIFUKU CO., LTD.
05/18UBS Adjusts Daifuku's Price Target to 11,000 Yen From 10,000 Yen, Keeps at Buy
MT
05/15Daifuku Shares Soar as Net Profit Rises on E-Commerce, Chip-Factory Demand
DJ
04/11DAIFUKU : Corporate Governance Report
PU
03/30DAIFUKU CO., LTD. : Ex-dividend day for final dividend
FA
02/04DAIFUKU : Summary of Consolidated Financial Results for the First Three Quarters of the Fi..
PU
02/04DAIFUKU : Presentation Consolidated Financial Results
PU
02/04Daifuku Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2022
CI
02/04Daifuku Co.,Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending Marc..
CI
2021DAIFUKU : Notice of Disclosure of "Corporate Governance Report"and Formulation of "Daifuku..
PU
2021Japanese Shares Close with Mild Losses, Investors Eye Earnings
MT
More news
Analyst Recommendations on DAIFUKU CO., LTD.
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Financials
Sales 2022 506 B 3 745 M 3 745 M
Net income 2022 35 536 M 263 M 263 M
Net cash 2022 57 559 M 426 M 426 M
P/E ratio 2022 28,0x
Yield 2022 1,13%
Capitalization 988 B 7 310 M 7 310 M
EV / Sales 2022 1,84x
EV / Sales 2023 1,59x
Nbr of Employees 11 697
Free-Float 90,5%
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Technical analysis trends DAIFUKU CO., LTD.
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 7 840,00 JPY
Average target price 9 770,63 JPY
Spread / Average Target 24,6%
EPS Revisions
Managers and Directors
Hiroshi Geshiro Executive President & Representative Director
Tsukasa Saito General Manager-Finance
Yoshiaki Ozawa Independent Outside Director
Mineo Sakai Independent Outside Director
Kaku Kato Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
DAIFUKU CO., LTD.-20.11%7 005
OTIS WORLDWIDE CORPORATION-18.62%29 959
KONE OYJ-32.15%23 378
SCHINDLER HOLDING AG-30.85%19 186
INTERROLL HOLDING AG-47.38%1 854
SHANGHAI MECHANICAL & ELECTRICAL INDUSTRY CO.,LTD.-16.08%1 823