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Daido Kogyo Co., Ltd. (JP:6373)
:6373
Japanese Market

Daido Kogyo Co., Ltd. (6373) AI Stock Analysis

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JP

Daido Kogyo Co., Ltd.

(6373)

63Neutral
Daido Kogyo Co., Ltd. shows strength in revenue growth and a stable balance sheet, but challenges in operational profitability and cash flow generation limit its potential. Technical indicators suggest a neutral market position, and while the valuation is fair, it does not offer significant upside compared to industry peers.

Daido Kogyo Co., Ltd. (6373) vs. S&P 500 (SPY)

Daido Kogyo Co., Ltd. Business Overview & Revenue Model

Company DescriptionDaido Kogyo Co., Ltd. (6373) is a Japanese company primarily engaged in the manufacture and sale of industrial machinery and equipment. The company operates in various sectors, including the production of chains, sprockets, and other power transmission products. Daido Kogyo is known for its robust engineering solutions that cater to a wide range of industries, ensuring high-quality and durable products that meet the needs of its global clientele.
How the Company Makes MoneyDaido Kogyo Co., Ltd. generates revenue through the sale of its industrial machinery and power transmission products. The company's key revenue streams include the manufacture and distribution of chains and sprockets used in various industrial applications. Significant partnerships with companies in the automotive, agricultural, and construction industries also contribute to its earnings. Additionally, Daido Kogyo invests in research and development to innovate and enhance its product offerings, which helps maintain a competitive edge in the market. The company may also engage in after-sales services and support, providing maintenance and repair services that add to its revenue.

Daido Kogyo Co., Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
56.04B55.05B49.85B42.48B47.51B
Gross Profit
9.73B9.94B9.77B7.54B8.33B
EBIT
227.00M1.38B2.71B1.24B1.17B
EBITDA
4.09B4.28B5.46B3.81B1.78B
Net Income Common Stockholders
342.00M-257.00M2.35B1.05B-1.92B
Balance SheetCash, Cash Equivalents and Short-Term Investments
8.28B8.29B11.52B12.75B8.06B
Total Assets
79.12B73.03B71.49B67.91B61.86B
Total Debt
25.58B24.88B25.06B25.64B21.40B
Net Debt
17.30B16.59B13.54B12.89B13.33B
Total Liabilities
42.44B40.75B40.24B38.81B34.75B
Stockholders Equity
31.16B26.89B26.42B22.99B20.92B
Cash FlowFree Cash Flow
-1.47B-1.83B811.00M1.09B-1.18B
Operating Cash Flow
2.78B2.23B4.06B3.57B2.83B
Investing Cash Flow
-2.84B-4.48B-3.34B-2.47B-3.89B
Financing Cash Flow
-241.00M-1.38B-2.12B3.80B1.87B

Daido Kogyo Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price816.00
Price Trends
50DMA
801.28
Positive
100DMA
771.53
Positive
200DMA
784.12
Positive
Market Momentum
MACD
7.01
Negative
RSI
52.59
Neutral
STOCH
60.87
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6373, the sentiment is Positive. The current price of 816 is above the 20-day moving average (MA) of 789.00, above the 50-day MA of 801.28, and above the 200-day MA of 784.12, indicating a bullish trend. The MACD of 7.01 indicates Negative momentum. The RSI at 52.59 is Neutral, neither overbought nor oversold. The STOCH value of 60.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6373.

Daido Kogyo Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
$915.89B11.259.99%3.91%-2.46%-12.73%
73
Outperform
¥5.16T19.414.70%1.63%6.57%16.16%
68
Neutral
$359.35B27.971.72%4.22%-0.38%-65.61%
65
Neutral
¥9.13B6.47
3.50%-3.00%88.74%
64
Neutral
$4.27B11.815.31%249.66%4.08%-8.61%
63
Neutral
¥8.90B17.07
3.06%1.63%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6373
Daido Kogyo Co., Ltd.
816.00
110.86
15.72%
JP:5984
Kanefusa Corporation
657.00
-105.63
-13.85%
JP:6473
JTEKT
1,129.00
-52.77
-4.47%
JP:6201
Toyota
16,635.00
1,908.36
12.96%
JP:6305
Hitachi Construction Machinery Co
4,307.00
-3.05
-0.07%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.