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World's largest maker of automated material-handling systems: conveyors, cranes and robots for warehouses and factories.
World's largest maker of automated material-handling systems: conveyors, cranes and robots for warehouses and factories.
Designs and installs automated systems project by project, booking revenue as work progresses, with service and parts for installed systems following afterward. Chipmakers and display makers buy its overhead clean-room transport when they build fabs, while warehouse and airport orders follow logistics spending. It bought Wynright in the US in 2016.
In one line: Category leader; think a bigger, more diversified Honeywell Intelligrated.
Moat: narrow (scale, installed base, process know-how). World's largest material-handling systems integrator with deep clean-room logistics installed base.
Headquarters: Osaka, Japan · Founded: 1937 · Employees: 11,417
Size Daifuku (6383.T) is a Japan Industrials company (Industrial Machinery) with a market value of $10.9B, the 130th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,556 on 6 Nov 2026.
Performance Over six months the shares fell 32.8%, against -11.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 20.9% over the last twelve months (peer median +7.9%); the operating margin is 15.4% (peer median 16.0%).
Valuation It trades at 18.9× forward earnings against a peer median of 23.0× (6th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +6 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 14.6 points above its cost of capital (12.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | ¥690B | ¥661B | ¥563B | ¥602B | ¥512B |
| Revenue growth | — | +17% | -6% | +18% | — |
| Gross profit | ¥174B | ¥166B | ¥128B | ¥113B | ¥98.6B |
| EBITDA | ¥118B | ¥110B | ¥80.3B | ¥68.1B | ¥58.2B |
| Net income | ¥83.6B | ¥78.1B | ¥57.1B | ¥41.2B | ¥35.9B |
| Free cash flow | ¥63.0B | ¥53.9B | ¥104B | ¥6.32B | ¥46.2B |
| Capital expenditure | ¥20.9B | ¥22.2B | ¥11.9B | ¥13.7B | ¥10.5B |
| Total debt | ¥45.4B | ¥68.1B | ¥69.2B | ¥17.7B | ¥30.5B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Daifuku 6383.T | $10.9B | -33% | +21% | 15% | 18.9× | 14.7% |
| Honeywell Technologies HON | $69.8B | -1% | -17% | 18% | 23.2× | 4.1% |
| Kion KGX.DE | $5.05B | -25% | +3% | 6% | 10.4× | n/a |
| SYM SYM | $22.3B | -30% | +20% | 1% | 101.9× | n/a |
| AutoStore AUTO.OL | $5.20B | +8% | +17% | 33% | 27.4× | 18.5% |
| Kardex KARN.SW | $2.35B | -9% | +3% | 9% | 30.3× | 11.8% |
| Interroll INRN.SW | $1.47B | -11% | +2% | 13% | 20.6× | 1.4% |
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.
| Measure | 6383.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.8% | -7.1% | 7th lowest of 21 |
| 6-month return | -32.8% | -11.9% | 6th lowest of 21 |
| Distance from 52-week high | -42.0% | -39.7% | 10th lowest of 21 |
| Revenue growth (TTM) | +20.9% | +7.9% | 4th highest of 21 |
| Operating margin | 15.4% | 16.0% | 11th highest of 21 |
| Forward P/E | 18.9× | 23.0× | 6th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 14.7% | 13.5% | 6th most demanding of 14 |
| Growth delivered (Del g) | +8.3% | +8.5% | 7th lowest of 14 |
| Hurdle (Req g minus delivered) | +6.4 pp | +2.3 pp | 4th most demanding of 14 |
| ROIC minus cost of capital | +14.6 pp | +3.1 pp | 3rd highest of 21 |
| EV / EBITDA | 12.7× | 15.3× | 6th cheapest of 14 |
| Net debt / EBITDA | -1.9× | 1.3× | least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Daifuku 6383.T | Japan | $10.9B | -33% | +21% | 15% | 18.9× | 14.7% | +8.3% |
| BELIMO BEAN.SW | Switzerland | $11.0B | +1% | +20% | 21% | 37.2× | 12.5% | +11.1% |
| Graco GGG | United States | $10.9B | -13% | +5% | 27% | 20.0× | 8.1% | +6.3% |
| Pentair PNR | United States | $10.9B | -11% | -4% | 22% | 13.2× | 7.1% | +6.7% |
| Watts Water Technologies WTS | United States | $11.6B | +17% | +17% | 19% | 24.6× | 15.8% | +10.1% |
| Madison Air Solutions MAIR | United States | $11.6B | -45% | +27% | 17% | 20.6× | 31.9% | +27.3% |
| Lennox International LII | United States | $11.7B | -34% | +2% | 19% | 15.3× | 5.0% | +7.4% |
| Flowserve FLS | United States | $10.2B | +13% | 0% | 14% | 17.8× | 15.0% | +4.9% |
| Zhejiang Sanhua Intelligent Controls 2050.HK | Hong Kong | $11.9B | -38% | +8% | 15% | 18.4× | 8.7% | +19.9% |
| Indutrade INDT.ST | Sweden | $9.94B | +39% | +6% | 12% | 28.6× | 18.4% | +10.9% |
| Huagong Tech 000988.SZ | China | $9.54B | -47% | +16% | 7% | 30.9× | n/a | n/a |
| GEA Group Aktiengesellschaft G1A.DE | Germany | $12.6B | +25% | +4% | 12% | 21.0× | 5.8% | +3.5% |
| Ebara 6361.T | Japan | $9.28B | -40% | +9% | 11% | 14.5× | n/a | n/a |
| NIBE Industrier NIBE-B.ST | Sweden | $9.25B | +7% | +2% | 10% | 27.3× | 13.5% | +8.5% |
| Guangdong Dtech Technology 301377.SZ | China | $9.23B | -18% | +119% | 36% | 50.9× | n/a | n/a |
| Lifco LIFCO-B.ST | Sweden | $13.1B | +1% | +7% | 19% | 29.3× | 15.2% | +15.4% |
| Shenzhen Han's CNC Technology 301200.SZ | China | $9.08B | -25% | +98% | 21% | 32.1× | n/a | n/a |
| Beijing E-Town Semiconductor Technology 688729.SS | China | $8.94B | -14% | +10% | 12% | 52.3× | n/a | n/a |
| IMI IMI.L | United Kingdom | $8.81B | +3% | +8% | 21% | 19.9× | 14.3% | +4.8% |
| ACM Research (Shanghai) 688082.SS | China | $14.6B | +30% | +9% | 15% | 54.1× | n/a | n/a |
| GlobalWafers 6488.TWO | Taiwan | $8.15B | -23% | -6% | 11% | 21.4× | n/a | n/a |