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Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

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Page: Company Financials

Daiwa Cycle Co.,Ltd.

Ticker: 5888.T | Industry: Auto - Recreational Vehicles | Sector: Consumer Cyclical
$3,460.00 -25.00 (-0.72%)
As of: 2026-01-27

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Enterprise Value

Metric 2025 2024 2023
Stock Price 3,917.50 2,522.50 1,677.00
Market Capitalization 10,745.36M 6,893.50M 3,856.96M
(-) Cash & Equivalents 2,025.84M 1,698.89M 623.72M
(+) Total Debt 0.00M 0.00M 400.00M
Enterprise Value 8,719.52M 5,194.61M 3,633.23M

Income Statement

Metric TTM TTM-1 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Revenue 19,233M 0.00M 18,349M 15,340M 13,091M 11,460M
Cost of Revenue 10,896M 0.00M 10,208M 8,608M 7,358M 6,538M
Gross Profit 8,337M 0.00M 8,141M 6,732M 5,733M 4,922M
Gross Profit Margin 43.3% 0.0% 44.4% 43.9% 43.8% 43.0%
R&D Expenses 0M 0.00M 0M 0M 0M 0M
SG&A Expenses 6,902M 0.00M 6,765M 5,935M 5,044M 4,594M
Operating Expenses 6,990M 0.00M 6,765M 5,935M 5,171M 4,701M
Operating Income (EBIT) 1,347M 0.00M 1,376M 797M 562M 221M
Operating Income Margin 7.0% 0.0% 7.5% 5.2% 4.3% 1.9%
Interest Income 4M 0.00M 3M 2M 1M 1M
Interest Expense 0M 0.00M 0M 0M 0M 0M
Net Interest Income 4M 0.00M 3M 2M 1M 1M
Unusual Items 92M 0.00M -17M -8M 30M -5M
EBT Excluding Unusual Items 1,351M 0.00M 1,379M 799M 563M 222M
Pre-Tax Income 1,443M 0.00M 1,362M 791M 593M 217M
Pre-Tax Margin 7.5% 0.0% 7.4% 5.2% 4.5% 1.9%
Income Tax Expense 495M 0.00M 464M 290M 179M 78M
Net Income 948M 0.00M 898M 501M 414M 139M
Net Income Margin 4.9% 0.0% 4.9% 3.3% 3.2% 1.2%
Depreciation & Amortization 170M 0.00M 167M 148M 127M 107M
EBITDA 1,517M 0.00M 1,542M 945M 689M 328M
EBITDA Margin 7.9% 0.0% 8.4% 6.2% 5.3% 2.9%
NOPAT 885M 0.00M 907M 505M 392M 142M
NOPAT Margin 4.6% 0.0% 4.9% 3.3% 3.0% 1.2%
Owner's Earnings 1,118M 0.00M 774M 342M 323M -88M
Owner's Earnings Margin 5.8% 0.0% 4.2% 2.2% 2.5% -0.8%
EPS (Basic) 346.06 0.00 328.58 232.09 206.97 69.51
EPS (Diluted) 336.83 0.00 320.53 232.09 206.97 53.47
Shares (Basic) 3M 0.00M 3M 2M 2M 2M
Shares (Diluted) 3M 0.00M 3M 2M 2M 3M

Balance Sheet

Metric MRQ MRQ-1 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Cash & Cash Equivalents 1,831.35M 2,220.34M 2,220.34M 1,683.83M 501.93M 526.37M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 1,831.35M 2,220.34M 2,220.34M 1,683.83M 501.93M 526.37M
Net Receivables 849.19M 483.55M 483.55M 416.36M 308.62M 452.61M
Inventory 3,557.63M 3,195.35M 3,195.35M 2,834.90M 2,632.52M 1,942.28M
Other Current Assets 235.27M 77.44M 77.44M 84.21M 85.78M 93.59M
Total Current Assets 6,473.44M 5,976.68M 5,976.68M 5,019.31M 3,528.85M 3,014.84M
Property, Plant & Equipment 1,076.72M 998.87M 998.87M 869.84M 711.60M 620.44M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 71.69M 74.17M 74.17M 103.25M 87.09M 103.66M
Long-Term Investments 450.99M 407.63M 407.63M 333.63M 825.26M 689.70M
Tax Assets 0.00M 168.53M 163.53M 145.04M 158.55M 171.08M
Other Non-Current Assets 962.18M 821.36M 826.37M 754.76M 86.51M 66.28M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 2,561.58M 2,470.56M 2,470.56M 2,206.51M 1,869.01M 1,651.15M
Total Assets 9,035.01M 8,447.24M 8,447.24M 7,225.82M 5,397.86M 4,666.00M
Accounts Payable 1,345.71M 907.84M 907.84M 844.03M 792.96M 798.63M
Short-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 416.26M 243.57M 73.61M
Deferred Revenue 910.06M 824.10M 824.10M 688.78M 608.91M 0.00M
Other Current Liabilities 640.49M 671.70M 671.70M 598.28M 523.57M 980.23M
Total Current Liabilities 2,896.26M 2,403.64M 2,403.64M 2,547.35M 2,169.01M 1,852.47M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 5.01M 5.01M 3.98M 3.65M 16.42M
Other Non-Current Liabilities 85.70M 80.54M 80.54M 70.15M 60.51M 51.66M
Total Non-Current Liabilities 85.70M 85.55M 85.55M 74.13M 64.16M 68.08M
Total Liabilities 2,981.95M 2,489.19M 2,489.19M 2,621.49M 2,233.17M 1,920.54M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 555.75M 555.44M 555.44M 549.58M 10.00M 10.00M
Retained Earnings 4,663.41M 4,427.29M 4,427.29M 3,665.45M 3,205.47M 2,791.54M
Accumulated OCI 0.00M 2.50M 2.50M 2.50M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 5,219.16M 4,985.23M 4,985.23M 4,217.53M 3,215.47M 2,801.54M
Total Equity 5,219.16M 4,985.23M 4,985.23M 4,217.53M 3,215.47M 2,801.54M
Total Liabilities & Equity 8,201.11M 7,474.42M 7,474.42M 6,839.01M 5,448.64M 4,722.09M
Tangible Assets 8,963.32M 8,373.07M 8,373.07M 7,122.57M 5,310.77M 4,562.34M
Tangible Equity 5,147.47M 4,911.06M 4,911.06M 4,114.28M 3,128.39M 2,697.89M
Tangible Book Value 5,147.47M 4,911.06M 4,911.06M 4,114.28M 3,128.39M 2,697.89M
Total Investments 450.99M 407.63M 407.63M 333.63M 825.26M 689.70M
Net Debt -1,831.35M -2,220.34M -2,220.34M -1,683.83M -501.93M -526.37M

Capital Metrics

Metric MRQ MRQ-1 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Working Capital 3,289.0M 3,145.6M 3,145.6M 2,618.2M 1,407.0M 1,202.0M
Total Capital 5,764.9M 5,530.7M 5,530.7M 4,754.6M 3,215.5M 2,801.5M
Capital Employed 5,850.6M 5,616.2M 5,616.2M 4,824.7M 3,276.0M 2,853.2M
Invested Capital 3,933.5M 3,310.3M 3,310.3M 3,070.8M 2,713.5M 2,275.2M

Cash Flow Statement

Metric TTM TTM-1 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Net Income 0.00M 0.00M 898.25M 501.37M 592.63M 139.02M
Depreciation & Amortization 0.00M 0.00M 166.53M 147.91M 127.35M 107.34M
Deferred Income Tax 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
Change in Working Capital 0.00M 0.00M -99.22M -88.03M -512.11M -342.26M
Accounts Receivable 0.00M 0.00M -67.19M -107.74M 16.80M -28.40M
Inventory 0.00M 0.00M -360.45M -202.38M -690.24M -564.92M
Accounts Payable 0.00M 0.00M 63.81M 51.07M -5.66M 184.41M
Other Working Capital 0.00M 0.00M 264.60M 171.03M 167.01M 66.65M
Other Non-Cash Items 0.00M 0.00M 187.72M 126.62M 169.40M -165.47M
Net Cash from Operating Activities 0.00M 0.00M 1,153.27M 687.87M 377.28M -261.36M
Capital Expenditures (PPE) 0.00M 0.00M -296.81M -307.01M -218.29M -334.65M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments 0.00M 0.00M -102.40M -80.49M -79.81M -87.07M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 0.01M 11.65M 130.58M
Other Investing Activities 0.00M 0.00M -95.78M -147.53M -117.23M -56.46M
Net Cash from Investing Activities 0.00M 0.00M -495.00M -535.02M -403.68M -347.60M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M -13.35M
Long-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M -13.35M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 0.00M 0.00M 11.70M 1,067.60M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 11.70M 1,067.60M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M -133.86M -41.40M 0.00M 0.00M
Common Dividends Paid 0.00M 0.00M -133.86M -41.40M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Cash from Financing Activities 0.00M 0.00M -122.15M 1,026.20M 0.00M -13.35M
Effect of FX on Cash 0.00M 0.00M 0.39M 2.86M 1.96M 0.38M
Net Change in Cash 0.00M 0.00M 536.51M 1,181.91M -24.44M -621.94M
Cash at Beginning of Period 0.00M 0.00M 1,683.83M 501.93M 526.37M 1,148.30M
Cash at End of Period 0.00M 0.00M 2,220.34M 1,683.83M 501.93M 526.37M
Operating Cash Flow 0.00M 0.00M 1,153.27M 687.87M 377.28M -261.36M
Capital Expenditure 0.00M 0.00M -291.24M -307.01M -218.29M -334.65M
Free Cash Flow 0.00M 0.00M 862.03M 380.86M 158.99M -596.02M

Free Cash Flow

Metric TTM TTM-1 2025-01-31 2024-01-31 2023-01-31 2022-01-31
EBITDA 0.00M 0.00M 1,542.34M 944.91M 816.31M 435.73M
(-) Tax Adjustment 0.00M 0.00M 525.06M 330.72M 246.15M 152.50M
(-) Change In Working Capital 0.00M 0.00M -99.22M -88.03M -512.11M -342.26M
(-) Capital Expenditure 0.00M 0.00M -291.24M -307.01M -218.29M -334.65M
Unlevered Free Cash Flow 0.00M 0.00M 825.26M 395.21M 863.97M 290.83M
(-) Net Interest Income After Taxes 0.00M 0.00M 2.22M 1.32M 0.81M 0.66M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M -13.35M
Levered Free Cash Flow 0.00M 0.00M 823.04M 393.89M 863.16M 276.81M