Daikin market cap is ¥5.7 t, and annual revenue was ¥2.48 t in FY 2018

Daikin Gross profit (Q3, 2019)205.6 B

Daikin Gross profit margin (Q3, 2019), %34.4%

Daikin Net income (Q3, 2019)31.7 B

Daikin EBIT (Q3, 2019)50.8 B

Daikin Cash, 31-Dec-2019450.4 B

Daikin EV5.8 T

Daikin revenue was ¥2.48 t in FY, 2018 which is a 8.3% year over year increase from the previous period.

Daikin revenue breakdown by business segment: 8.1% from Chemicals, 89.6% from Air Conditioning and 2.3% from Other

Daikin revenue breakdown by geographic segment: 14.8% from Europe, 23.6% from Japan, 15.3% from China, 25.2% from USA, 15.6% from Asia and Oceania and 5.5% from Other

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 2.0t | 2.3t | 2.5t |

| 12% | 8% | |

## Cost of goods sold | 1.3t | 1.5t | 1.6t |

## Gross profit | 730.9b | 798.8b | 868.9b |

| 36% | 35% | 35% |

## General and administrative expense | 500.2b | 545.1b | 592.7b |

## Operating expense total | 500.2b | 545.1b | 592.7b |

## EBIT | 230.8b | 253.7b | 276.3b |

| 11% | 11% | 11% |

## Interest expense | 9.9b | 10.7b | 11.9b |

## Interest income | 6.7b | 6.8b | 7.1b |

## Pre tax profit | 230.6b | 251.9b | 275.3b |

## Income tax expense | 70.2b | 56.9b | 79.6b |

## Net Income | 159.9b | 194.9b | 195.7b |

JPY | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2019 | Q3, 2018 | Q1, 2019 | Q2, 2020 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 586.6b | 493.2b | 547.9b | 656.8b | 642.2b | 576.1b | 681.3b | 672.9b | 597.2b |

## Cost of goods sold | 377.1b | 320.0b | 358.6b | 423.1b | 415.8b | 376.3b | 436.7b | 437.7b | 391.6b |

## Gross profit | 209.5b | 173.2b | 189.3b | 233.7b | 226.4b | 199.8b | 244.6b | 235.2b | 205.6b |

| 36% | 35% | 35% | 36% | 35% | 35% | 36% | 35% | 34% |

## General and administrative expense | 135.1b | 113.7b | 137.2b | 150.5b | 148.9b | 146.6b | 155.0b | 156.5b | 154.8b |

## Operating expense total | 135.1b | 113.7b | 137.2b | 150.5b | 148.9b | 146.6b | 155.0b | 156.5b | 154.8b |

## EBIT | 74.4b | 59.5b | 52.1b | 83.1b | 77.5b | 53.2b | 89.6b | 78.7b | 50.8b |

| 13% | 12% | 10% | 13% | 12% | 9% | 13% | 12% | 9% |

## Interest expense | 2.9b | 2.1b | 2.4b | 3.4b | 3.1b | 2.4b | 3.5b | 2.7b | 2.0b |

## Interest income | 1.5b | 1.5b | 1.8b | 1.8b | 1.5b | 2.1b | 1.8b | 2.0b | 1.9b |

## Pre tax profit | 74.9b | 59.3b | 54.5b | 84.7b | 76.9b | 53.3b | 90.2b | 80.1b | 53.9b |

## Income tax expense | 22.5b | 19.9b | 181.0m | 23.2b | 22.0b | 14.4b | 25.1b | 22.9b | 22.2b |

## Net Income | 52.4b | 39.5b | 54.3b | 61.6b | 55.0b | 38.9b | 65.1b | 57.2b | 31.7b |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 344.1b | 357.0b | 367.8b |

## Accounts Receivable | 369.1b | 392.3b | 447.8b |

## Prepaid Expenses | 60.9b | 68.7b | 74.8b |

## Inventories | 358.3b | 387.2b | 436.4b |

## Current Assets | 1.2t | 1.2t | 1.3t |

## PP&E | 439.4b | 454.8b | 483.0b |

## Goodwill | 330.9b | 309.3b | 322.3b |

## Total Assets | 2.4t | 2.5t | 270.9b |

## Accounts Payable | 173.1b | 184.0m | 204.5b |

## Short-term debt | 136.7b | 124.0b | 238.5b |

## Current Liabilities | 626.7b | 630.7b | 768.8b |

## Long-term debt | 472.8b | 430.4b | 336.0b |

## Non-Current Liabilities | 593.9b | 534.9b | 485.2b |

## Total Debt | 609.4b | 554.4b | 574.5b |

## Total Liabilities | 1.2t | 1.3t | |

## Common Stock | 85.0b | 85.0b | 85.0b |

## Additional Paid-in Capital | 84.5b | 84.4b | 83.6b |

## Retained Earnings | 838.0b | 987.5b | 1.1t |

## Total Equity | 1.0t | 1.3t | 1.3t |

## Debt to Equity Ratio | 0.6 x | 0.4 x | 0.4 x |

## Debt to Assets Ratio | 0.3 x | 0.2 x | 2.1 x |

## Financial Leverage | 2.3 x | 1.9 x | 0.2 x |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Depreciation and Amortization | 85.0b | 94.8b | 99.3b |

## Accounts Receivable | (15.1b) | (23.4b) | (37.6b) |

## Inventories | (23.4b) | (26.5b) | (38.8b) |

## Accounts Payable | 14.4b | 4.4b | 8.6b |

## Cash From Operating Activities | 267.7b | 223.7b | 250.0b |

## Purchases of PP&E | (88.3b) | (85.7b) | (85.5b) |

## Cash From Investing Activities | (128.8b) | (127.5b) | (165.8b) |

## Short-term Borrowings | (1.2b) | (14.3b) | 100.6b |

## Long-term Borrowings | (91.3b) | (77.2b) | (118.2b) |

## Dividends Paid | (40.8b) | (44.9b) | (46.8b) |

## Cash From Financing Activities | (73.5b) | (94.0b) | (68.7b) |

## Net Change in Cash | 52.9b | (12.9b) | 10.2b |

## Interest Paid | 10.0b | 10.7b | 11.8b |

## Income Taxes Paid | 55.3b | 83.2b | 71.4b |

JPY | FY, 2017 |
---|---|

## Revenue/Employee | 30.5m |

## Debt/Equity | 0.6 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 2.3 x |