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← CockpitCompetitor Analysis › 4665.T Duskin Co., Ltd.Open in the cockpit ↗

Duskin Co., Ltd.4665.TCompetitor analysis, valuation and peers

Japan · JPY·Financials›Finance/Rental/Leasing

Franchise operator renting cleaning mops/mats to businesses and homes, and master franchisee of Mister Donut in Japan.

≈ A mashup of Cintas' mat/mop rental business and a Dunkin'-style donut franchiseMomentum leader 83
Mkt cap
$1.40B
US dollars, full cap
Free float
78%
of shares outstanding
$/day
$3.51M
20-day average traded
P/B
1.43×
price to book
ROE
6.7%
delivered
Implied ROE
5.4%
what the price asks
Close · JPY¥4,750
1D-3.6%
1W+1.4%
1M+2.1%
3M+8.4%
6M+20.3%
YTD+11.6%
1Y+26.3%
ATR %2.0%
52w lowhigh4.8% off high

What Duskin does

Franchise operator renting cleaning mops/mats to businesses and homes, and master franchisee of Mister Donut in Japan.

Rents mats, mops and cleaning goods on a recurring basis, with delivery staff swapping them on a regular route, so customers keep paying monthly; franchisees run most of these routes. It also holds the Japanese master franchise for Mister Donut, licensing and supplying shops run by owners.

In one line: A mashup of Cintas' mat/mop rental business and a Dunkin'-style donut franchise.

Products and services

  • Cleaning product rental (mops/mats)
  • Mister Donut franchise
  • Pest control services

Customers

  • Businesses/homes (cleaning rental)
  • Donut shop consumers

Where it sits in the supply chain

  • Franchise services
  • Cleaning rental & food franchise
  • Mop/mat rental, donut shops

What could go right

  • Recurring cleaning-rental subscription growth

What could go wrong

  • Franchise fee/labor cost pressure
  • Consumer foot-traffic sensitivity

Moat: narrow (brand, distribution). Long-run franchise network density and recurring rental subscription relationships.

Headquarters: Osaka, Japan · Founded: 1963 · Employees: 3,750

Named competitors

Duskin at a glance

Size Duskin (4665.T) is a Japan Financials company (Finance/Rental/Leasing) with a market value of $1.40B, the 596th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,750 on 6 Nov 2026.

Performance Over six months the shares gained 20.3%, against -1.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 3.3% over the last twelve months (peer median +2.9%); the operating margin is 5.3% (peer median 13.2%).

Valuation It trades at 1.43× book value against a peer median of 1.31× (10th most expensive of 21).

Price implies The share price implies a return on equity of about 5.4%; Duskin delivers 6.7%, so the price asks less than the business earns today.

Relative performance

10011012011 May 202611 Aug 20266 Nov 20264665.T 121Peer median 98
Six months, rebased to 100: Duskin against the median of its 20 peers (local-currency closes).

Duskin financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥197B¥195B¥189B¥179B¥170B
Revenue growth—+3%+6%+5%—
Gross profit¥87.3B¥81.1B¥78.4B¥71.3B¥71.0B
EBITDA¥17.8B¥16.3B¥15.0B¥13.1B¥16.2B
Net income¥10.2B¥9.18B¥8.81B¥4.59B¥7.20B
Free cash flown/a¥8.85B¥10.8B¥4.73B¥7.67B
Capital expendituren/a¥10.1B¥9.89B¥8.98B¥6.37B
Total debt¥3.00M¥5.00M¥227M¥926M¥1.11B

Quarterly statements and history in the cockpit →

Duskin 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

-20%0%+20%+40%+60%0%+20%+40%ATLCZIGUPBD1905603300WDFIVESTARPRG9941AIF0898609678SAMMAANCAP2666MTRO8566ZIP4665.T6-month return →1-month return →
Up and to the right = strong over both horizons. Duskin is the large dot.

Fundamentals: return on equity against price-to-book

-10%0%10%20×40×ATLCZIGUPBD1905603300WDFIVESTAR9941AIFSAMMAANCAP2666HOMEFIRST002031ZIPIFCI4665.TReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Duskin is the large dot.

Capital: ROE delivered against the ROE the price implies

0%20%40%60%0%25%50%ATLCZIGUPBD19059941AIFHOMEFIRST002031ZIP4665.TROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Duskin is the large dot.

Duskin competitors and peer comparison

Head to head with its named competitors (4665.T vs CTAS)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Duskin 4665.T$1.40B+20%+3%7%1.43×5.4%
Cintas CTAS$88.3B+34%+10%41%17.07×108.2%

How Duskin 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.

Duskin against its 20 peers (data as of 6 Nov 2026)
Measure4665.TPeer medianRank in peer set
1-month return+2.1%+1.2%10th highest of 21
6-month return+20.3%-1.8%5th highest of 21
Return on equity6.7%7.4%10th lowest of 21
Price / book1.43×1.31×10th most expensive of 21
Trailing P/E21.9×14.2×6th most expensive of 18
ROE the price implies5.4%13.5%5th least demanding of 21
ROE delivered6.7%8.5%8th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Duskin 4665.TJapan$1.40B+20%+3%7%1.43×5.4%6.7%
Atlanticus ATLCUnited States$1.38B+8%+84%23%1.97×24.5%22.9%
Zigup ZIG.LUnited Kingdom$1.41B+14%+3%7%0.96×12.8%7.1%
Upbound UPBDUnited States$1.41B+29%+3%16%1.88×23.5%15.5%
Haitong Unitrust International Financial Leasing 1905.HKHong Kong$1.38B+57%-20%6%0.52×4.2%6.5%
Zhejiang Haikong Nanke Huatie Digital Technology 603300.SSChina$1.34B-31%+12%5%1.29×9.8%5.3%
Walker & Dunlop WDUnited States$1.34B-28%+9%2%0.76×10.0%2.2%
Five-Star Business Finance FIVESTAR.NSIndia$1.33B-10%+9%15%1.59×22.3%15.2%
PROG PRGUnited States$1.47B+4%+10%17%1.82×23.0%17.3%
Taiwan Acceptance 9941.TWTaiwan$1.31B-6%-3%12%1.10×3.8%12.2%
Altus AIF.TOCanada$1.26B+15%-7%-2%5.50×28.5%-2.2%
LOTTE rental 089860.KSSouth Korea$1.56B+74%+4%8%1.34×6.3%7.7%
Kanamoto 9678.TJapan$1.23B+17%+2%9%1.20×6.4%9.3%
Sammaan Capital SAMMAANCAP.NSIndia$1.61B-13%-60%-35%0.80×14.2%n/a
Genertec Universal Medical 2666.HKHong Kong$1.21B-19%0%12%0.41×5.1%11.6%
Home First Finance Company India HOMEFIRST.NSIndia$1.21B-10%+19%14%2.45×31.6%14.3%
Metro Bank MTRO.LUnited Kingdom$1.63B+22%+1%4%0.94×12.1%4.3%
Ricoh Leasing Company,Ltd 8566.TJapan$1.20B0%+4%5%0.77×4.3%5.3%
Greatoo Intelligent Equipment 002031.SZChina$1.68B-11%-20%-13%6.07×54.9%-13.5%
Zip ZIP.AXAustralia$1.74B-17%+24%17%3.74×66.6%16.8%
IFCI IFCI.NSIndia$1.75B-4%-3%2%1.85×36.2%n/a

Questions

Who are Duskin's main competitors?
Named competitors: Cintas (CTAS). The cockpit's measured peer set (industry) also includes Atlanticus (ATLC), Zigup (ZIG.L), Upbound (UPBD), Haitong Unitrust International Financial Leasing (1905.HK), Zhejiang Haikong Nanke Huatie Digital Technology (603300.SS), Walker & Dunlop (WD).
Is Duskin expensive compared with its peers?
On price / book it trades at 1.43× against a peer median of 1.31×, 10th most expensive of 21 in its peer set. The share price implies a return on equity of about 5.4%; Duskin delivers 6.7%, so the price asks less than the business earns today.
How has Duskin stock performed?
Over six months to 6 Nov 2026 the shares returned +20.3% against -1.8% for the median peer; over one year +26.3%.

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.