DOWA HOLDINGS CO.,LTD.

5714 DOWAホールディングス株式会社

Other Industrial Metals & Mining · Prime · TSE: Disclosed

PRICE: ¥9,377 · MKT CAP: ¥546.4B · P/E: 20.6x · P/B: 1.40x · DIV YIELD: 1.6%

PRICE — 5Y

Characteristics & Business Summary

Dowa Holdings Co., Ltd. engages in the environmental management and recycling, nonferrous metals, electronic materials, metal processing, and heat treatment businesses. The company offers Incineration of industrial waste; landfilling of waste; melting and...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	588,003	831,794	780,060	717,194	678,672
Operating Profit	37,454	63,824	44,610	30,003	32,226
Ordinary Profit	37,200	76,073	55,501	44,745	43,598
Net Profit	21,824	51,012	25,041	27,853	27,128
EPS	¥375	¥876	¥430	¥478	¥466
DPS	¥95	¥130	¥130	¥130	¥150

Balance Sheet & Valuation Highlights

Total Assets ¥674B

Net Assets (Equity) ¥416B

Equity Ratio 59.2%

ROE (Return on Equity) 7.6%

Cash & Equivalents ¥44B

Interest-Bearing Debt ¥52B

Capital Expenditure (CapEx) ¥46B

Depreciation & Amort. ¥29B

Major Shareholders

1. Japan Master Trust Bank 15.8%
2. Japan Custody Bank 9.8%
3. Northern Trust Company 6.6%
4. Mizuho Bank, Ltd. 5.4%
5. Northern Trust Company 3.9%
6. FUJITA KANKO INC. 3.1%
7. 全国共済農業協同組合連合会 2.8%
8. Northern Trust Company 2.6%
9. BNP PARIBAS FINANCIAL MARKETS（BNPパリバ証券株式会社） 2.2%
10. Northern Trust Company 1.8%

Activist Activity

Silchester International Investors LLP 5.8%

2026-06-02 · decrease

Silchester International Investors LLP 6.98%

2026-05-18 · change

Silchester International Investors LLP 8.03%

2026-04-02 · change

Silchester International Investors LLP 9.04%

2026-03-09 · change

Sumitomo Mitsui Trust Bank,Limited 5.86%

2026-03-05 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥10,099	¥14,287	¥13,394	¥12,311	¥11,647
FCF/Share	¥-628	¥532	¥361	¥1,411	¥-567
EPS	¥375	¥876	¥430	¥478	¥466
DPS	¥95	¥130	¥130	¥130	¥150
Capital Spending per share	¥575	¥497	¥510	¥626	¥787
Book Value per share	¥4,451	¥5,215	¥5,496	¥5,817	¥6,132
Common Shares Outstanding	58M	58M	58M	58M	58M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥588B	¥832B	¥780B	¥717B	¥679B
Operating Margin (%)	6.4%	7.7%	5.7%	4.2%	4.7%
Net Profit (owners)	¥22B	¥51B	¥25B	¥28B	¥27B
Net Profit Margin (%)	3.7%	6.1%	3.2%	3.9%	4.0%
Working Capital	¥5B	¥54B	¥84B	¥98B	¥110B
Total Debt (Interest-bearing)	¥119B	¥99B	¥80B	¥57B	¥52B
Net Worth (Common Equity)	¥259B	¥304B	¥320B	¥339B	¥357B
Return on Total Assets (ROA)	3.6%	7.8%	3.8%	4.4%	4.0%
Return on Common Equity (ROE)	8.4%	16.8%	7.8%	8.2%	7.6%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.