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Definitive Analysis

Financial Statements

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Page: Company Financials

DAIWA TSUSHIN Co., Ltd

Ticker: 7116.T | Industry: Security & Protection Services | Sector: Industrials
$1,171.00 0.00 (0.00%)
As of: 2026-01-27

Master Data Export


Enterprise Value

Metric 2025 2024 2023 2022
Stock Price 883.00 1,127.50 1,679.25 1,451.50
Market Capitalization 2,390.24M 3,052.09M 4,545.67M 3,929.21M
(-) Cash & Equivalents 642.35M 749.21M 720.75M 535.50M
(+) Total Debt 2,083.68M 791.96M 739.96M 820.00M
Enterprise Value 3,831.57M 3,094.85M 4,564.88M 4,213.71M

Income Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenue 5,448M 5,222M 5,241M 5,160M 4,819M 4,791M 6,740M
Cost of Revenue 3,550M 3,550M 3,441M 3,495M 3,207M 3,042M 3,368M
Gross Profit 1,898M 1,672M 1,800M 1,665M 1,611M 1,748M 3,372M
Gross Profit Margin 34.8% 32.0% 34.3% 32.3% 33.4% 36.5% 50.0%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 1,384M 1,322M 1,346M 1,300M 1,217M 1,136M 1,262M
Operating Expenses 1,385M 1,322M 1,347M 1,300M 1,217M 1,137M 1,262M
Operating Income (EBIT) 513M 350M 453M 364M 394M 612M 2,110M
Operating Income Margin 9.4% 6.7% 8.6% 7.1% 8.2% 12.8% 31.3%
Interest Income 0M 0M 0M 0M 0M 0M 0M
Interest Expense 18M 6M 9M 6M 7M 8M 10M
Net Interest Income -18M -6M -9M -6M -7M -8M -10M
Unusual Items -606M 37M -631M 29M -12M 4M 14M
EBT Excluding Unusual Items 495M 344M 444M 358M 387M 604M 2,100M
Pre-Tax Income -111M 381M -187M 387M 375M 608M 2,113M
Pre-Tax Margin -2.0% 7.3% -3.6% 7.5% 7.8% 12.7% 31.4%
Income Tax Expense 8M 130M -25M 130M 133M 214M 710M
Net Income -117M 251M -163M 257M 243M 394M 1,404M
Net Income Margin -2.2% 4.8% -3.1% 5.0% 5.0% 8.2% 20.8%
Depreciation & Amortization 60M 44M 63M 55M 63M 67M 67M
EBITDA 573M 394M 516M 419M 457M 679M 2,177M
EBITDA Margin 10.5% 7.5% 9.8% 8.1% 9.5% 14.2% 32.3%
NOPAT 405M 230M 358M 242M 255M 397M 1,401M
NOPAT Margin 7.4% 4.4% 6.8% 4.7% 5.3% 8.3% 20.8%
Owner's Earnings -57M 295M -997M 228M 30M 206M 1,468M
Owner's Earnings Margin -1.1% 5.6% -19.0% 4.4% 0.6% 4.3% 21.8%
EPS (Basic) -43.37 92.73 -60.22 43.22 72.40 145.73 518.54
EPS (Diluted) -43.36 92.68 -60.22 95.08 89.70 145.73 518.54
Shares (Basic) 3M 3M 3M 3M 3M 3M 3M
Shares (Diluted) 3M 3M 3M 3M 3M 3M 3M

Balance Sheet

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Cash & Cash Equivalents 400.92M 749.14M 777.00M 803.82M 767.65M 399.68M 1,087.24M
Short-Term Investments 0.00M 0.00M 0.00M 1.37M 0.00M 0.00M -0.24M
Cash & Short-Term Investments 400.92M 749.14M 777.00M 805.19M 767.65M 399.68M 1,087.00M
Net Receivables 484.75M 410.29M 661.00M 792.47M 723.66M 471.00M 1,029.52M
Inventory 825.26M 980.72M 1,038.00M 750.17M 678.31M 805.36M 620.08M
Other Current Assets 67.11M 53.92M 114.00M 38.75M 31.24M 112.72M 16.11M
Total Current Assets 1,778.04M 2,194.06M 2,590.00M 2,386.59M 2,200.86M 1,788.76M 2,752.71M
Property, Plant & Equipment 3,374.02M 2,260.89M 2,267.00M 1,530.63M 1,473.62M 1,243.22M 1,012.38M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.46M 0.84M 0.80M
Intangible Assets 4.19M 4.55M 4.00M 6.00M 10.00M 7.00M 11.00M
Long-Term Investments 60.00M 60.00M 244.00M 8.63M 141.00M 0.00M 0.00M
Tax Assets 175.08M 206.93M 0.00M 45.44M 38.06M 7.96M 96.70M
Other Non-Current Assets 81.93M 186.14M 213.00M 8.70M -113.20M 27.16M 23.35M
Other Assets 0.01M 0.00M 0.00M 0.01M 0.00M 0.00M 0.00M
Total Non-Current Assets 3,695.22M 2,718.50M 2,728.00M 1,599.41M 1,549.95M 1,286.19M 1,144.23M
Total Assets 5,473.26M 4,912.56M 5,318.00M 3,985.99M 3,750.81M 3,074.96M 3,896.93M
Accounts Payable 146.86M 112.09M 235.00M 306.39M 213.50M 76.31M 183.96M
Short-Term Debt 2,192.96M 1,416.49M 1,094.00M 181.91M 191.03M 284.66M 84.20M
Tax Payables 88.97M 0.00M 0.00M 49.98M 104.52M 0.00M 732.84M
Deferred Revenue 0.00M 47.51M 0.00M 0.00M 126.40M 26.91M 0.00M
Other Current Liabilities 116.57M 531.04M 1,162.00M 191.64M 84.78M 68.20M 303.53M
Total Current Liabilities 2,545.35M 2,107.13M 2,491.00M 729.92M 720.22M 456.08M 1,304.53M
Long-Term Debt 398.91M 413.40M 427.00M 483.45M 555.00M 626.38M 706.04M
Capital Lease Obligations 111.32M 0.00M 111.00M 86.50M 19.68M 41.76M 55.36M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 4.80M 0.00M 2.65M 0.00M
Other Non-Current Liabilities 5.89M 5.89M 3.00M 1.46M 6.38M 6.31M 6.03M
Total Non-Current Liabilities 516.12M 419.28M 541.00M 576.20M 581.06M 677.09M 767.44M
Total Liabilities 3,061.47M 2,526.41M 3,032.00M 1,306.12M 1,301.28M 1,133.17M 2,071.97M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 100.00M 100.00M 100.00M 100.00M 100.00M 100.00M 100.00M
Retained Earnings 2,191.72M 2,114.35M 2,167.00M 2,584.75M 2,327.37M 2,084.57M 1,690.09M
Accumulated OCI 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 2,291.72M 2,214.35M 2,267.00M 2,684.75M 2,427.37M 2,184.57M 1,790.09M
Total Equity 2,291.72M 2,214.35M 2,267.00M 2,684.75M 2,427.37M 2,184.57M 1,790.09M
Total Liabilities & Equity 5,353.19M 4,740.76M 5,299.00M 3,990.87M 3,728.65M 3,317.74M 3,862.06M
Tangible Assets 5,469.07M 4,908.01M 5,314.00M 3,979.99M 3,740.35M 3,067.11M 3,885.14M
Tangible Equity 2,287.53M 2,209.80M 2,263.00M 2,678.75M 2,416.92M 2,176.72M 1,778.29M
Tangible Book Value 2,287.53M 2,209.80M 2,263.00M 2,678.75M 2,416.92M 2,176.72M 1,778.29M
Total Investments 64.17M 60.00M 244.00M 10.00M 141.00M 0.00M 5.79M
Net Debt 2,190.95M 1,080.75M 744.00M -138.47M -21.63M 511.36M -296.99M

Capital Metrics

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Working Capital -909.7M 1.0M 60.0M 1,643.4M 1,454.5M 1,557.5M 1,396.2M
Total Capital 4,994.8M 4,130.1M 3,899.0M 3,436.5M 3,193.4M 3,137.4M 2,635.7M
Capital Employed 2,785.5M 2,719.5M 2,788.0M 3,242.8M 3,004.5M 2,843.7M 2,540.4M
Invested Capital 4,593.9M 3,381.0M 3,122.0M 2,632.7M 2,425.7M 2,737.7M 1,548.5M

Cash Flow Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Net Income -162.00M 257.00M -163.00M 257.00M 242.00M 394.00M 1,403.00M
Depreciation & Amortization 0.00M 0.00M 63.00M 54.78M 63.00M 66.86M 66.83M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 0.00M 0.00M 406.00M -73.51M 168.15M -51.51M -802.93M
Accounts Receivable 0.00M 0.00M -7.00M -70.00M -166.04M 558.21M -586.91M
Inventory 0.00M 0.00M -170.00M -71.54M 129.61M -187.81M -397.78M
Accounts Payable 0.00M 0.00M -47.22M 92.90M 137.19M -107.65M 53.92M
Other Working Capital 0.00M 0.00M 627.62M -24.86M 67.39M -314.26M 127.85M
Other Non-Cash Items 162.00M -257.00M -157.00M -67.56M 337.42M -908.23M 568.25M
Net Cash from Operating Activities 0.00M 0.00M 149.00M 170.71M 810.56M -498.88M 1,235.15M
Capital Expenditures (PPE) 0.00M 0.00M -897.00M -84.00M -276.00M -255.51M -2.26M
Acquisitions (Net) 0.00M 0.00M 0.00M 34.15M 20.69M 0.00M 20.50M
Purchases of Investments 0.00M 0.00M 0.00M -13.15M -3.15M -3.15M -3.15M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 17.15M 3.15M 3.15M 3.15M
Other Investing Activities 0.00M 0.00M -179.00M -0.44M -0.86M -32.55M -3.82M
Net Cash from Investing Activities 0.00M 0.00M -1,076.00M -46.29M -256.17M -288.06M 14.42M
Net Debt Issuance 0.00M 0.00M -71.00M -81.03M -186.35M 102.01M -891.54M
Long-Term Debt Issuance 0.00M 0.00M -71.00M -71.03M -101.35M -84.20M -65.24M
Short-Term Debt Issuance 0.00M 0.00M 929.00M -10.00M -85.00M 205.00M -826.30M
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M -0.09M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M -0.09M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M -40.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid 0.00M 0.00M -40.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 0.00M 0.00M 912.00M -7.25M 0.00M 0.00M 0.00M
Net Cash from Financing Activities 0.00M 0.00M 801.00M -88.28M -186.44M 102.01M -891.54M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.02M 0.01M 0.01M 0.81M
Net Change in Cash 0.00M 0.00M -126.13M 36.17M 367.97M -684.92M 358.84M
Cash at Beginning of Period 0.00M 0.00M 800.67M 764.50M 396.53M 1,081.45M 722.61M
Cash at End of Period 0.00M 0.00M 674.54M 800.67M 764.50M 396.53M 1,081.45M
Operating Cash Flow 0.00M 0.00M 149.00M 170.71M 810.56M -498.88M 1,235.15M
Capital Expenditure 0.00M 0.00M -897.00M -84.00M -276.00M -255.51M -2.26M
Free Cash Flow 0.00M 0.00M -748.00M 86.71M 534.56M -754.39M 1,232.89M

Free Cash Flow

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
EBITDA 468.54M 378.30M 517.00M 419.03M 457.49M 679.35M 2,176.90M
(-) Tax Adjustment 61.81M 126.96M 68.09M 140.63M 160.12M 237.77M 731.10M
(-) Change In Working Capital 0.00M 0.00M 406.00M -73.51M 168.15M -51.51M -802.93M
(-) Capital Expenditure 0.00M 0.00M -897.00M -84.00M -276.00M -255.51M -2.26M
Unlevered Free Cash Flow 406.73M 251.34M -854.09M 267.90M -146.78M 237.58M 2,246.47M
(-) Net Interest Income After Taxes -8.15M -4.17M -8.07M -4.17M -4.83M -5.24M -6.89M
Net Debt Issuance 0.00M 0.00M -71.00M -81.03M -186.35M 102.01M -891.54M
Levered Free Cash Flow 414.88M 255.51M -917.02M 191.04M -328.30M 344.83M 1,361.82M