JP-listed companies
Daiwa Heavy Industry Co.,Ltd.

Daiwa Heavy Industry Co.,Ltd.JP:5610

Market cap

¥1.7B

P/E ratio

26.1x

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Cash and deposits	-	963	951	1,055	1,235	1,054	1,198	978	1,205	1,218	1,277	1,147	1,255
Notes receivable - trade	-	388	295	395	528	310	214	236	190	157	89	226	139
Electronically recorded monetary claims - operating	-	-	-	-	-	65	118	283	153	310	111	132	237
Accounts receivable - trade	-	914	1,093	1,117	988	1,031	913	892	1,001	560	877	986	956
Merchandise and finished goods	-	432	469	477	471	386	484	612	538	348	431	587	608
Work in process	-	57	105	35	85	146	53	146	154	37	88	78	97
Raw materials and supplies	-	174	183	175	153	174	213	213	184	198	227	283	298
Prepaid expenses	-	2	1	1	1	1	0	3	2	1	1	2	3
Accounts receivable - other	-	5	10	0	10	50	14	6	0	107	5	0	0
Other	-	4	1	1	15	1	1	1	1	2	1	1	1
Current assets	-	2,937	3,107	3,317	3,498	3,162	3,215	3,378	3,429	2,937	3,108	3,443	3,594
Buildings, net	-	496	486	480	448	605	575	546	529	500	460	439	417
Structures, net	-	62	55	63	57	78	77	74	66	59	53	47	48
Machinery and equipment, net	-	455	345	287	247	229	397	332	307	268	210	165	123
Vehicles, net	-	4	12	19	20	15	11	10	10	5	2	0	5
Tools, furniture and fixtures, net	-	34	28	25	25	23	25	51	44	36	33	26	27
Land	-	373	373	372	372	372	345	345	345	345	341	341	341
Construction in progress	-	-	14	-	176	13	1	1	-	22	0	-	1
Property, plant and equipment	-	1,425	1,312	1,247	1,346	1,335	1,431	1,359	1,301	1,235	1,100	1,018	962
Software	-	13	10	12	9	6	4	6	7	7	4	2	1
Telephone subscription right	-	1	1	1	1	1	1	1	1	1	1	1	1
Intangible assets	-	15	11	13	10	7	6	7	8	8	6	4	3
Investment securities	-	937	1,459	1,555	1,767	1,680	1,894	1,444	1,483	1,327	1,294	1,276	1,649
Shares of subsidiaries and associates	-	15	15	15	15	15	15	15	15	8	8	8	8
Investments in capital	-	0	0	0	0	0	0	0	0	0	0	0	0
Investment property, net	-	153	148	142	137	133	155	163	157	151	161	155	148
Other	-	45	48	49	62	64	68	70	71	74	76	74	77
Allowance for doubtful accounts	-	-5	-7	-5	-5	-5	-5	-5	-5	-5	-5	-5	-5
Investments and other assets	-	1,160	1,658	1,750	1,969	1,880	2,120	1,680	1,713	1,555	1,533	1,507	1,877
Non-current assets	-	2,600	2,982	3,010	3,325	3,222	3,556	3,046	3,022	2,798	2,638	2,529	2,842
Assets	-	5,537	6,089	6,327	6,823	6,384	6,772	6,425	6,450	5,736	5,746	5,971	6,436
Notes payable - trade	-	555	556	548	565	469	577	651	559	295	511	518	578
Accounts payable - trade	-	215	293	198	190	180	225	234	221	143	192	207	214
Short-term borrowings	-	1,500	1,500	1,500	1,400	1,300	1,300	1,380	1,400	1,600	1,600	1,700	1,600
Accounts payable - other	-	67	92	87	146	80	72	86	87	49	90	93	93
Accrued expenses	-	22	24	25	27	24	24	24	23	20	21	22	23
Income taxes payable	-	5	19	14	44	26	3	6	53	1	7	19	17
Accrued consumption taxes	-	21	28	59	36	25	29	32	68	34	25	54	57
Contract liabilities	-	-	-	-	-	-	-	-	-	-	-	8	3
Deposits received	-	19	22	26	32	26	23	24	25	15	16	22	25
Unearned revenue	-	3	3	3	3	3	3	3	3	3	4	4	4
Provision for bonuses	-	11	16	19	25	18	15	17	17	6	8	14	18
Notes payable - facilities	-	16	22	27	146	5	31	77	17	28	10	4	19
Other	-	18	18	18	18	18	18	18	18	18	18	18	18
Current liabilities	-	2,737	2,767	2,689	2,749	2,254	2,416	2,642	2,567	2,265	2,504	2,684	2,668
Deferred tax liabilities	-	-	-	-	-	-	-	-	39	159	148	108	229
Provision for retirement benefits	-	261	299	339	390	404	409	440	479	497	510	537	566
Provision for retirement benefits for directors (and other officers)	-	42	45	49	52	57	62	65	64	68	70	67	73
Asset retirement obligations	-	18	17	17	17	18	18	18	19	19	19	19	19
Long-term leasehold deposits received	-	56	56	56	56	56	56	56	56	56	59	59	59
Non-current liabilities	-	704	780	794	790	840	941	751	713	801	806	791	946
Liabilities	-	3,441	3,547	3,483	3,539	3,094	3,357	3,393	3,279	3,067	3,310	3,475	3,614
Share capital	-	651	651	651	651	651	651	651	651	651	651	651	651
Legal capital surplus	-	154	154	154	154	154	154	154	154	154	154	154	154
Capital surplus	-	154	154	154	154	154	154	154	154	154	154	154	154
Legal retained earnings	-	126	126	126	126	126	126	126	126	126	126	126	126
General reserve	-	1,610	1,610	1,610	1,360	1,610	1,610	1,610	1,610	1,610	1,610	1,610	1,610
Retained earnings brought forward	-	-555	-450	-208	319	124	102	40	133	-234	-438	-368	-301
Retained earnings	-	1,181	1,286	1,528	1,805	1,860	1,838	1,776	1,869	1,502	1,298	1,368	1,435
Treasury shares	-	-5	-5	-5	-5	-6	-6	-6	-6	-35	-35	-35	-35
Shareholders' equity	-	1,981	2,086	2,328	2,605	2,660	2,638	2,575	2,669	2,272	2,068	2,139	2,205
Valuation difference on available-for-sale securities	-	115	456	515	679	630	777	456	503	397	368	358	616
Valuation and translation adjustments	-	115	456	515	679	630	777	456	503	397	368	358	616
Net assets	2,012	2,096	2,542	2,843	3,284	3,290	3,415	3,032	3,171	2,669	2,436	2,497	2,821
Liabilities and net assets	-	5,537	6,089	6,327	6,823	6,384	6,772	6,425	6,450	5,736	5,746	5,971	6,436