Daiwa Industries (TSE:6459) ROE %: 6.03% (As of Dec. 2025) — Near Median


TSE:6459 Daiwa Industries Ltd TSE:6459
81 GF Score
Price 円1,673.00
GF Value 円1,552.96
Valuation Fairly Valued
! 2 Warning Signs
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What is Daiwa Industries ROE %?

Daiwa Industries TSE:6459 +0.06% 81 ROE % is 6.03% as of Dec. 2025, which is 9% below its 10-year median of 6.63. GuruFocus rates TSE:6459 with a GF Score™ of 81/100 and a GF Value™ of 円1,552.96 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,004 Industrial Products companies, Daiwa Industries ranks better than 56.39% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Daiwa Industries's annualized net income for the quarter that ended in Dec. 2025 was 円4,217 Mil. Daiwa Industries's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円69,977 Mil. Therefore, Daiwa Industries's annualized ROE % for the quarter that ended in Dec. 2025 was 6.03%.

The historical rank and industry rank for Daiwa Industries's ROE % or its related term are showing as below:

TSE:6459' s ROE % Range Over the Past 10 Years
Min: 4.69   Med: 6.63   Max: 8.9
Current: 7.31

During the past 13 years, Daiwa Industries's highest ROE % was 8.90%. The lowest was 4.69%. And the median was 6.63%.

TSE:6459's ROE % is ranked better than
56.39% of 3004 companies
in the Industrial Products industry
Industry Median: 5.865 vs TSE:6459: 7.31

Daiwa Industries  (TSE:6459) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4217.404/69976.8875
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4217.404 / 45238.756)*(45238.756 / 93184.7795)*(93184.7795 / 69976.8875)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.32 %*0.4855*1.3317
=ROA %*Equity Multiplier
=4.52 %*1.3317
=6.03 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4217.404/69976.8875
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4217.404 / 6230.38) * (6230.38 / 6246.552) * (6246.552 / 45238.756) * (45238.756 / 93184.7795) * (93184.7795 / 69976.8875)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6769 * 0.9974 * 13.81 % * 0.4855 * 1.3317
=6.03 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Daiwa Industries ROE % Related Terms


Daiwa Industries ROE % Historical Data

* Premium members only.

The historical data trend for Daiwa Industries's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Daiwa Industries ROE % Chart

Daiwa Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 6.84 8.90 8.21 7.31

Daiwa Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.97 8.57 8.92 6.03 5.71

TSE:6459 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Daiwa Industries's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daiwa Industries ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daiwa Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Daiwa Industries's ROE % falls into.


TSE:6459
81GF Score
Daiwa Industries Ltd TSE:6459
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa Industries ROE % Calculation

Daiwa Industries's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=5076.08/( (68284.291+70549.666)/ 2 )
=5076.08/69416.9785
=7.31 %

Daiwa Industries's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=4217.404/( (69404.109+70549.666)/ 2 )
=4217.404/69976.8875
=6.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 6.03% mean?
Daiwa Industries (TSE:6459) has a ROE % of 6.03% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Daiwa Industries and its competitors. This is near median its historical median of 6.63. Over the past decade, Daiwa Industries' ROE % has ranged from 4.69 to 8.90. According to the industry distribution chart, Daiwa Industries ranks #1310 out of 3004 companies in the Industrial Products industry, placing it in the top 43.6%.
Is Daiwa Industries' ROE % too high?
Daiwa Industries' current ROE % of 6.03% is near median its 10-year median of 6.63. Over the past 10 years, this metric has ranged from a low of 4.69 to a high of 8.90. The Industrial Products industry median ROE % is 5.87. Daiwa Industries' value of 6.03% is 2.8% above this industry median. Based on the distribution chart, Daiwa Industries ranks #1310 out of 3004 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Daiwa Industries has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Industries' ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Daiwa Industries ranks #1310 out of 3004 companies for ROE %. This puts Daiwa Industries in the upper half of its industry. The industry median ROE % is 5.87. Daiwa Industries' value of 6.03% is 2.8% above this benchmark. Historically, Daiwa Industries' own ROE % has ranged from 4.69 to 8.90 over the past decade. While the company's 10-year median is 6.63 vs. the industry median of 5.87, Daiwa Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.87, based on 3,004 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daiwa Industries's current ROE % of 6.03% is 2.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Daiwa Industries and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Industries's current ROE % is 6.03%, which is near median its own 10-year median of 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Industries stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Industries (TSE:6459) is currently considered Fairly Valued. The stock's GF Value™ is 円1,552.96, compared to a current price of 円1,673.00 — trading 7.7% above its estimated fair value. The current ROE % is 6.03%, which is near median its 10-year median of 6.63 and 2.8% above the Industrial Products industry median of 5.87. Daiwa Industries' overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Daiwa Industries (TSE:6459), the current ROE % is 6.03% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Daiwa Industries (TSE:6459) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Industries stock appears to be overvalued. The current stock price of 円1,673.00 is trading 7.7% above its estimated GF Value™ of 円1,552.96. GuruFocus considers Daiwa Industries to be Fairly Valued.

Key valuation signals for TSE:6459:

  • ROE %: 6.03% (near median its 10-year median of 6.63)
  • GF Value™: 円1,552.96 vs. price of 円1,673.00 (7.7% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 2.8% above the Industrial Products median (#1310 of 3004)

No single metric tells the full story. See the TSE:6459 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa Industries Business Description

Address 3-13 Kobashi-cho, Tennoji-ku, Osaka, JPN, 543-0028
Daiwa Industries Ltd is a Japanese company engaged in the manufacturing and sales of commercial freezers and refrigerators, display cases, ice makers, and refrigeration equipment for store kitchens. The company's business activities also include the installation of refrigeration and heating equipment, and the manufacturing and sales of various parts, as well as the manufacturing, sales, and leasing of kitchen equipment, devices, and parts, planning, design, and construction of stores and kitchens.
81GF Score

Get the complete analysis for TSE:6459

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,673.00
Price
円1,552.96
GF Value