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← CockpitCompetitor Analysis › 4246.T DaikyoNishikawa Corp.Open in the cockpit ↗

DaikyoNishikawa Corp.4246.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Discretionary›Auto Parts: OEM
Momentum strong 66
Mkt cap
$431M
US dollars, full cap
Free float
56%
of shares outstanding
$/day
$1.92M
20-day average traded
Fwd P/E
7.3×
forward earnings
ROIC−WACC
-0.7 pp
WACC 8.4%
Hurdle
-7 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · JPY¥998
1D-5.4%
1W-2.5%
1M-6.8%
3M-2.0%
6M+17.1%
YTD+25.2%
1Y+34.5%
ATR %2.5%
52w lowhigh14.2% off high

What DaikyoNishikawa does

Employees: 5,712

DaikyoNishikawa at a glance

Size DaikyoNishikawa (4246.T) is a Japan Consumer Discretionary company (Auto Parts: OEM) with a market value of $431M, the 1150th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥998 on 6 Nov 2026.

Performance Over six months the shares gained 17.1%, against -23.5% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue fell 2.8% over the last twelve months (peer median +8.4%); the operating margin is 6.2% (peer median 7.9%).

Valuation It trades at 7.3× forward earnings against a peer median of 20.4× (2nd cheapest of 6).

Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -7 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.7 points below its cost of capital (8.4% WACC).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 20264246.T 118Peer median 77
Six months, rebased to 100: DaikyoNishikawa against the median of its 20 peers (local-currency closes).

DaikyoNishikawa financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥165B¥166B¥169B¥159B¥146B
Revenue growth—-2%+6%+9%—
Gross profit¥22.5B¥24.6B¥23.8B¥22.0B¥15.2B
EBITDA¥21.4B¥21.0B¥21.0B¥20.3B¥15.4B
Net income¥8.98B¥8.66B¥6.50B¥5.78B¥518M
Free cash flown/a¥10.00B¥9.41B¥15.3B¥6.62B
Capital expendituren/a¥9.44B¥8.06B¥5.39B¥7.66B
Total debt¥32.4B¥33.6B¥27.0B¥40.3B¥44.9B

Quarterly statements and history in the cockpit →

DaikyoNishikawa competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%-10%0%59926031610023551571603788300375NRBBEARING603006003570603949301560603266SWARAJENG301499000570603409688033002363SHANTIGEAR4246.T6-month return →1-month return →
Up and to the right = strong over both horizons. DaikyoNishikawa is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%10×20×1571NRBBEARING003570SWARAJENG6880334246.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. DaikyoNishikawa is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%603788300375NRBBEARING603006603266SWARAJENG000570688033002363SHANTIGEAR4246.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. DaikyoNishikawa is the large dot.

DaikyoNishikawa competitors and peer comparison

How DaikyoNishikawa compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

DaikyoNishikawa against its 20 peers (data as of 6 Nov 2026)
Measure4246.TPeer medianRank in peer set
1-month return-6.8%-10.2%7th highest of 21
6-month return+17.1%-23.5%2nd highest of 21
Distance from 52-week high-14.2%-35.8%highest of 21
Revenue growth (TTM)-2.8%+8.4%4th lowest of 20
Operating margin6.2%7.9%10th lowest of 20
Forward P/E7.3×20.4×2nd cheapest of 6
Growth the price implies (Req g, 7 yrs)-5.1%16.9%least demanding of 11
Growth delivered (Del g)+2.0%+11.0%3rd lowest of 11
Hurdle (Req g minus delivered)-7.1 pp+5.1 pp2nd least demanding of 11
ROIC minus cost of capital-0.7 pp-0.9 pp9th highest of 20
EV / EBITDA3.3×15.6×2nd cheapest of 10
Net debt / EBITDA0.0×-0.3×4th most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
DaikyoNishikawa 4246.TJapan$431M+17%-3%6%7.3×-5.1%+2.0%
Chuo Spring 5992.TJapan$433M-28%+2%2%n/an/an/a
Kehua 603161.SSChina$433M-12%n/an/an/an/an/a
Xingmin Intelligent Transportation Systems (Group) 002355.SZChina$426M-29%+20%-19%n/an/an/a
Xin Point 1571.HKHong Kong$437M-21%+1%19%6.3×n/an/a
Ningbo Gaofa Automotive Control System 603788.SSChina$424M-25%+3%11%n/a-0.2%+12.1%
Tianjin Pengling 300375.SZChina$439M-20%+7%2%n/a21.7%+11.3%
NRB Bearings NRBBEARING.NSIndia$442M+44%+14%13%28.2×27.7%+12.0%
Shanghai Lianming Machinery 603006.SSChina$418M-19%+17%8%n/a18.6%-5.1%
SNT DYNAMICS 003570.KSSouth Korea$446M-59%+9%8%8.9×n/an/a
Xuelong 603949.SSChina$416M-26%+10%17%n/an/an/a
PXI Auto Components Suzhou 301560.SZChina$415M-24%+8%2%n/an/an/a
Ningbo Tianlong Electronics 603266.SSChina$448M-26%+3%8%n/a8.7%+6.3%
Swaraj Engines SWARAJENG.NSIndia$450M-13%+25%12%20.4×19.1%+15.3%
Shanghai Vico Precision Mold & Plastics 301499.SZChina$450M-39%+16%4%n/an/an/a
Changchai 000570.SZChina$450M-23%+1%2%n/a7.2%+1.5%
Hefei Conver 603409.SSChina$451M-45%+16%11%n/an/an/a
Beijing Tianyishangjia New Material 688033.SSChina$459M-34%-31%-342%22.7×15.2%+10.6%
Shandong Longji Machinery 002363.SZChina$405M-23%-16%4%n/a6.8%+5.0%
Zhejiang Jinfei Kaida Wheel 002863.SZChina$401M-20%+15%4%n/an/an/a
Shanthi Gears SHANTIGEAR.NSIndia$396M+6%-14%13%n/a41.2%+19.2%

Questions

Which companies are DaikyoNishikawa's closest peers?
The cockpit's peer set: Chuo Spring (5992.T), Kehua (603161.SS), Xingmin Intelligent Transportation Systems (Group) (002355.SZ), Xin Point (1571.HK), Ningbo Gaofa Automotive Control System (603788.SS), Tianjin Pengling (300375.SZ), NRB Bearings (NRBBEARING.NS), Shanghai Lianming Machinery (603006.SS).
Is DaikyoNishikawa expensive compared with its peers?
On forward p/e it trades at 7.3× against a peer median of 20.4×, 2nd cheapest of 6 in its peer set. For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -7 pp: the price already allows for a slowdown.
How has DaikyoNishikawa stock performed?
Over six months to 6 Nov 2026 the shares returned +17.1% against -23.5% for the median peer; over one year +34.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.