2791
DAIKOKUTENBUSSAN CO.,LTD.
大黒天物産株式会社
Retail Trade
Daikokutenbussan Co.,Ltd. operates discount stores primarily in Japan. It is also involved in the general food wholesale business. The company was incorporated in 1986 and is headquartered in Kurashiki, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥292.9B
¥270.1B
¥242.2B
¥224.2B
¥221.6B
Cost of Sales
¥224.2B
¥207.8B
¥187.8B
¥170.1B
¥168.5B
Gross Profit
¥68.7B
¥62.3B
¥54.5B
¥54.1B
¥53.0B
SG&A
¥58.9B
¥53.0B
¥50.0B
¥45.5B
¥44.4B
Operating Income
¥9.8B
¥9.4B
¥4.5B
¥8.5B
¥8.6B
Non-Operating Income
¥504M
¥371M
¥520M
¥482M
¥342M
Dividend Income
¥4M
¥4M
¥4M
¥4M
¥3M
Interest Income
¥30M
¥27M
¥27M
¥28M
¥29M
Non-Operating Expenses
¥228M
¥180M
¥173M
¥99M
¥114M
Interest Expense
¥52M
¥31M
¥28M
¥28M
¥25M
Ordinary Income
¥10.1B
¥9.5B
¥4.8B
¥8.9B
¥8.8B
Pre-tax Income
¥10.1B
¥9.7B
¥4.7B
¥8.9B
¥8.7B
Income Taxes
¥3.3B
¥3.4B
¥1.6B
¥3.2B
¥3.1B
Current Tax
¥3.8B
¥3.7B
¥2.1B
¥3.4B
¥3.6B
Deferred Tax
¥-463M
¥-293M
¥-442M
¥-175M
¥-490M
Net Income (owners)
¥6.8B
¥6.3B
¥3.1B
¥5.6B
¥5.5B
Minority Interest
¥3M
¥5M
¥3M
¥3M
¥9M
Comprehensive Income
¥6.8B
¥6.3B
¥3.1B
¥5.7B
¥5.6B
EBITDA
¥17.6B
¥16.6B
¥11.2B
¥13.7B
¥14.2B
EPS
¥486.03
¥452.64
¥223.73
¥403.30
¥396.21
Shares Outstanding
13.8M
13.9M
13.9M
13.9M
13.9M
Shares Issued (total)
14.5M
14.5M
14.5M
14.5M
14.5M
Treasury Shares
0.7M
0.5M
0.5M
0.5M
0.5M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥116.4B
¥104.4B
¥97.2B
¥81.9B
¥75.6B
Current Assets
¥25.2B
¥25.8B
¥23.9B
¥21.2B
¥18.9B
Cash & Deposits
¥8.5B
¥12.0B
¥8.6B
¥9.5B
¥7.9B
Trade Receivables
¥154M
¥145M
¥151M
¥123M
—
Non-Current Assets
¥91.2B
¥78.5B
¥73.3B
¥60.8B
¥56.7B
PP&E
¥76.6B
¥64.4B
¥59.9B
¥47.9B
¥43.7B
Intangible Assets
¥219M
¥281M
¥344M
¥335M
¥322M
Investment Securities
¥442M
¥448M
¥473M
¥474M
¥445M
Deferred Tax Assets
¥5.5B
¥5.1B
¥4.8B
¥4.4B
¥4.3B
Total Liabilities
¥55.3B
¥48.9B
¥47.7B
¥35.1B
¥34.1B
Current Liabilities
¥46.2B
¥35.9B
¥30.7B
¥26.3B
¥28.0B
Accounts Payable
¥20.2B
¥18.0B
¥16.7B
¥14.5B
¥13.4B
ST Debt
¥11.1B
¥4.1B
¥4.6B
¥2.6B
¥3.9B
Taxes Payable
¥2.2B
¥2.9B
¥503M
¥1.8B
¥2.5B
Non-Current Liabilities
¥9.1B
¥12.9B
¥17.0B
¥8.9B
¥6.1B
Total LT Borrowings
¥3.9B
¥7.9B
¥11.9B
¥4.1B
¥1.1B
Pension Obligations
¥49M
¥46M
¥41M
¥41M
¥40M
Deferred Tax Liab.
¥47M
¥91M
¥119M
¥136M
¥146M
Total Equity
¥61.1B
¥55.5B
¥49.5B
¥46.8B
¥41.5B
Capital Stock
¥1.8B
¥1.7B
¥1.7B
¥1.7B
¥1.7B
Capital Surplus
¥1.9B
¥1.9B
¥1.8B
¥1.8B
¥1.8B
Retained Earnings
¥58.8B
¥52.5B
¥46.6B
¥43.9B
¥38.7B
Treasury Stock
¥-1.7B
¥-881M
¥-881M
¥-880M
¥-880M
AOCI
¥109M
¥114M
¥131M
¥131M
¥90M
Equity (owners)
¥60.8B
¥55.2B
¥49.2B
¥46.5B
¥41.3B
Minority Interests
¥117M
¥113M
¥108M
¥104M
¥100M
Total Interest-Bearing Debt ⓘ
¥15.0B
¥12.0B
¥16.6B
¥6.7B
¥5.0B
Net Cash ⓘ
¥-6.5B
¥67M
¥-7.9B
¥2.9B
¥2.9B
NCAV ⓘ
¥-30.1B
¥-23.0B
¥-23.8B
¥-14.0B
¥-15.2B
NCAV/Share
¥-2,176
¥-1,651
¥-1,708
¥-1,003
¥-1,092
BV/Share
¥4,393
¥3,961
¥3,534
¥3,339
¥2,965
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥11.4B
¥21.4B
¥7.6B
¥10.4B
¥9.9B
Interest Paid
¥-49M
¥-28M
¥-25M
¥-24M
¥-20M
Interest Received
¥8M
¥6M
¥6M
¥8M
¥7M
D&A
¥7.8B
¥7.3B
¥6.7B
¥5.1B
¥5.6B
Investing CF
¥-16.8B
¥-13.0B
¥-17.9B
¥-9.6B
¥-7.0B
CapEx
¥16.3B
¥12.4B
¥17.4B
¥9.9B
¥6.8B
Purchase Investments
¥-3M
—
—
—
—
Proceeds from Invest.
—
—
¥5M
¥40M
—
Financing CF
¥1.8B
¥-5.0B
¥9.4B
¥897M
¥-2.4B
Dividends Paid
¥-460M
¥-403M
¥-403M
¥-403M
¥-376M
Share Buybacks
¥-803M
—
¥0M
¥0M
—
LT Debt Repaid
¥-3.9B
¥-4.2B
¥-3.0B
¥-2.6B
¥-3.1B
Free Cash Flow
¥-4.8B
¥9.0B
¥-9.8B
¥506M
¥3.0B
Net Change in Cash
¥-3.5B
¥3.4B
¥-909M
¥1.7B
¥410M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
11.7%
12.0%
6.5%
12.8%
14.2%
ROA
6.1%
6.3%
3.5%
7.1%
7.3%
EPS
¥486.03
¥452.64
¥223.73
¥403.30
¥396.21
DPS
¥39.00
¥33.00
¥29.00
¥29.00
¥29.00
BPS
¥4,400.85
¥3,969.51
¥3,543.59
¥3,348.84
¥2,971.58
FCF/Share
¥-349
¥646
¥-700
¥36
¥218
NCAV/Share
¥-2,176
¥-1,651
¥-1,708
¥-1,003
¥-1,092
Payout Ratio
8.0%
7.3%
13.0%
7.2%
7.3%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 31
Date Activist Stake Event Flag Demands Source
2025-12-12
Masahiko Oga
52.13%
correction
Passive
—
2025-12-03
Masahiko Oga
52.13%
change
Passive
—
2025-11-11
Masahiko Oga
52.13%
correction
Passive
—
2025-10-27
Masahiko Oga
52.13%
change
Passive
—
2025-10-22
Shoji Oga
55.11%
correction
Passive
—
2025-10-22
Shoji Oga
54.42%
-0.69%
correction
Passive
—
2025-10-06
Shoji Oga
54.42%
-0.69%
change
Passive
—
2025-10-03
Shoji Oga
55.11%
-1.04%
initial_5pct
Passive
—
2025-05-08
Artisan Investments GP LLC
4.21%
-1.21%
change
Passive
—
2024-12-16
Shoji Oga
56.15%
correction
Passive
—
2024-12-06
Artisan Investments GP LLC
5.42%
-1.11%
change
Passive
—
2024-12-02
Shoji Oga
56.15%
-1.15%
change
Passive
—
2024-11-11
Shoji Oga
57.3%
correction
Passive
—
2024-10-21
Shoji Oga
57.3%
-0.03%
correction
Passive
—
2024-10-16
Shoji Oga
57.33%
-0.52%
change
Passive
—
2024-09-19
Artisan Investments GP LLC
6.53%
-1.28%
change
Passive
—
2024-09-09
Shoji Oga
57.85%
correction
Passive
—
2024-08-20
Artisan Investments GP LLC
7.81%
change
Passive
—
2024-07-29
Shoji Oga
57.85%
-1.03%
change
Passive
—
2024-04-02
Shoji Oga
58.88%
correction
Passive
—
2024-03-27
Shoji Oga
58.88%
correction
Passive
—
2024-03-27
Shoji Oga
58.88%
change
Passive
—
2024-03-22
Shoji Oga
58.92%
change
Passive
—
2023-11-09
Shoji Oga
58.92%
correction
Passive
—
2023-11-09
Shoji Oga
58.92%
correction
Passive
—
2023-10-13
Shoji Oga
58.92%
correction
Passive
—
2023-09-13
Shoji Oga
58.92%
correction
Passive
—
2023-08-09
SHOJI OOGA
58.92%
initial_5pct
Passive
—
2023-07-27
Shoji Oga
58.92%
change
Passive
—
2023-07-25
Shoji Oga
58.92%
correction
Passive
—
2023-07-24
Shoji Oga
58.92%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 2
#
Shareholder
Shares (thou.)
% of Total
1
七福神株式会社
5,690,000
41.08%
2
大賀 昭司
1,126,300
8.13%
3
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
995,300
7.18%
4
大賀 昌彦
720,000
5.19%
5
JPMorgan Chase Bank, N.A.
JP MORGAN CHASE BANK 385840(常任代理人 株式会社みずほ銀行)
411,181
2.96%
6
BBH(LUX) FOR FIDELITY FUNDS - JAPAN ADVANTAGE POOL
BBH(LUX) FOR FIDELITY FUNDS - JAPAN ADVANTAGE POOL(常任代理人 株式会社三菱UFJ銀行)
301,800
2.17%
7
公益財団法人大黒天財団
300,000
2.16%
8
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
268,028
1.93%
9
NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS
NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS(常任代理人 香港上海銀行)
165,750
1.19%
10
野村信託銀行株式会社(投信口)
162,622
1.17%
Domestic Nominees
9.1%
+2.5% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
4.2%
-2.4% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
59.9%
-1.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
七福神
—
36.43%
41.08%
+4.65%
大賀 昭司
40.54%
14.59%
8.13%
-6.46%
Japan Master Trust Bank
日本マスタートラスト信託銀行
6.15%
4.55%
7.18%
+2.63%
大賀 昌彦
5.16%
5.16%
5.19%
+0.03%
JP Morgan
5.55%
5.15%
2.96%
-2.19%
Fidelity
↑
2.11%
1.22%
2.17%
+0.95%
公益財団法人大黒天財団
2.15%
2.15%
2.16%
+0.01%
Japan Custody Bank
日本カストディ銀行
—
2.10%
1.93%
-0.17%
Northern Trust
—
1.38%
1.19%
-0.19%
野村信託銀行株式会社(投信口)
NEW ENTRY
—
—
—
1.17%
NEW
SMBC Nikko Securities
SMBC日興証券
last seen 2024
Exited Top 10
—
1.50%
—
大賀 大輔
last seen 2023
Exited Top 10
3.44%
—
—
大賀 愛子
last seen 2023
Exited Top 10
3.44%
—
—
大賀 公子
last seen 2023
Exited Top 10
5.16%
—
—
大賀 友貴
last seen 2023
Exited Top 10
3.44%
—
—
Concentration (HHI)
ⓘ
1810
1629
1857
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥439M
-6% since 2023
Holdings
2
Trend
Stable
vs 2023
Held Company
FY2025
¥439M total
FY2023
¥468M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Yonkyu Co., Ltd.
㈱ヨンキュウ
439
200,000
468
200,000
M
JASON CO.,LTD.
㈱ジェーソン
—
—
Portfolio total
439
468
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding