Overview
Services

Daiei Kankyo Co.,Ltd.

Daiei Kankyo is a comprehensive environmental services company primarily engaged in waste treatment and resource recycling, offering one-stop services spanning collection and transportation, intermediate processing/recycling, and final disposal of both industrial and municipal waste. The company operates 73 business locations including 33 recycling/disposal facilities with a total intermediate processing capacity of 58,083 tons per day, serving manufacturers, general contractors, medical institutions, and 487 municipalities. Beyond core waste management, the company provides soil remediation, facility construction and operations management, environmental consulting, energy creation, and forest conservation services.

Market Cap
¥404B
US$2.58B
EV
¥455B
US$2.90B
Stock¥4,045▼-0.74%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
13.7
x
LTM EV/EBIT
19.2
x
LTM PER
24.5
x
LTM PBR
3.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-8.0%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
404BUS$2.58BMarket Cap109BUS$692M+ Debt42.4BUS$270M− Cash18.0BUS$115M− Inv. Sec.3.27BUS$20.8M+ NCI455BUS$2.90BEV
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Performance & Balance
Revenue 5Y (¥B)
67.7US$431M'23/373.0US$466M'24/380.2US$511M'25/387.9US$560M'26/3
EBITDA 5Y (¥B)
22.0US$141M'23/325.9US$165M'24/327.7US$177M'25/331.0US$198M'26/3
Net Income 5Y (¥B)
10.5US$66.9M'23/313.6US$86.7M'24/314.4US$91.6M'25/315.8US$101M'26/3
Capital Structure
51%
49%
EquityD/E 0.98xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
54.9US$350M63.2US$403M'23/356.2US$359M61.1US$389M'24/359.2US$378M66.5US$424M'25/366.2US$422M116US$738M'26/3
Shareholders
Top 10 hold 82.0%
1
Wing Towa Co., Ltd.
61.49%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
5.86%
3
RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.65%
4
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.63%
5
NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.42%
6
CEPLUX- THE INDEPENDENT UCITS PLATFORM 2 (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.62%
7
Daiei Kankyo Co.,Ltd. Employee Stock Ownership Association
1.59%
8
BNYM AS AGT/CLTS NON TREATY JASDEC (Standing Proxy: MUFG Bank, Ltd.)
1.39%
9
Custody Bank of Japan, Ltd. (Trust Account)
1.26%
10
STATE STREET BANK AND TRUST COMPANY 505103 (Standing Proxy: Mizuho Bank, Ltd.)
1.07%
Management
7 officers
Fumio KANEKO
Representative Director, Chairman
Apr 1979 Joined Daiei Eisei Co., Ltd. (then a limited liability company, now a stock company) Sep 1983 Director, Mie Chuo Kaihatsu Co., Ltd. Jun 1986 Audit & Supervisory Board Member, Mie Chuo Kaihatsu Co., Ltd. May 1991 Director, the Company Mar 1994 Managing Director, the Company Mar 2002 Director and Vice President, the Company Mar 2002 Director and Vice President, Mie Chuo Kaihatsu Co., Ltd. May 2004 Representative Director and Vice President, the Company May 2004 Representative Director and Vice President, Mie Chuo Kaihatsu Co., Ltd. Apr 2007 Representative Director and President, the Company Apr 2007 Representative Director and President, Mie Chuo Kaihatsu Co., Ltd. Sep 2023 Director, Resource Circulation Promotion Council (Ippan Shadan Hojin) (current) Jun 2024 Representative Director, President and Executive Officer, the Company Sep 2024 Representative Director, Chairman and President, Ainac Football Club Co., Ltd. Nov 2025 Representative Director, President, Scarabeo Sacre Co., Ltd. Apr 2026 Representative Director, Chairman and President, the Company Jun 2026 Representative Director, Chairman, Ainac Football Club Co., Ltd. (current) Jun 2026 Representative Director, Chairman, the Company (current)
1956-10-17
Morihiko SHIMODA
Representative Director, President
Feb 1996 Joined Seiwa Kogyo Co., Ltd. Jan 1997 Joined Riko-sha Co., Ltd. May 1999 Joined the Company Sep 2016 Executive Officer and Head of President's Office, the Company Jun 2018 Director, Osaka Prefectural Industrial Waste Association (Public Interest Incorporated Association, now Osaka Industrial Resources Circulation Association) (current) Apr 2023 Executive Officer and General Manager, Corporate Strategy Headquarters, the Company Jun 2025 Director, SusPla (Ippan Shadan Hojin) (current) Nov 2025 Director, Scarabeo Sacre Co., Ltd. Apr 2026 Vice President and Executive Officer, the Company Jun 2026 Representative Director, President and Executive Officer, the Company (current)
1969-06-25
Shigeyuki OTA
Director
Aug 1982 Established Kayu Kensetsu Co., Ltd., Director Mar 1996 Joined Kenyu Kaihatsu Co., Ltd. (now Mie Chuo Kaihatsu Co., Ltd.) May 2002 Director and Deputy General Manager, Mie Chuo Kaihatsu Co., Ltd. Apr 2007 Managing Director and General Manager, Business Division, the Company Apr 2007 Managing Director and General Manager, Business Division, Mie Chuo Kaihatsu Co., Ltd. Apr 2011 Director, Japan Contaminated Soil Treatment Association (Ippan Shadan Hojin) (current) Apr 2013 Managing Director, the Company Apr 2013 Managing Director, Mie Chuo Kaihatsu Co., Ltd. Feb 2016 Director, Japan Disaster Response Systems (Ippan Shadan Hojin) (current) Jun 2021 Senior Managing Director, in charge of Business and Technology, the Company Jun 2022 Director, Sakai Rinkai Eco Factories Council (Ippan Shadan Hojin) (current) Jun 2023 Director, DINS Kansai Co., Ltd. Jun 2024 Director and Senior Managing Executive Officer, in charge of Business and Technology, the Company Apr 2026 Director, the Company (current)
1954-09-14
Tomoko MURAKAMI
Director
Oct 2005 Registered as attorney-at-law; joined Ishii Yoshito Law Office Nov 2008 Joined Murata & Futaba Law and Patent Office Apr 2011 Part-time Lecturer (Business Law), Faculty of Law, Kwansei Gakuin University May 2013 Established Arcus Sogo Law Office; Partner (current) Apr 2017 Consultant, National Strategic Special Zone Kansai Employment and Labor Consultation Center (Deloitte Tohmatsu) Nov 2017 Consultant, Osaka Industrial Bureau (Internal Whistleblowing Desk) (current) Apr 2019 Member, Third-Party Expert Team, Osaka City Board of Education (current) Apr 2021 Member, Osaka Fisheries Coordination Committee (current) Jun 2021 Auditor, Medical Corporation Sendan-kai (current) Jun 2021 Outside Director, the Company (current)
1970-12-23
Akira MINEMORI
Full-time Audit and Supervisory Committee Member, Director
Apr 1975 Joined Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Oct 1994 Manager, Fushimi Branch, Sumitomo Bank Jan 1997 Manager, Fukaebashi Branch, Sumitomo Bank Oct 1998 Manager, Nishinomiya Branch, Sumitomo Bank Apr 1999 General Manager, Nishinomiya Corporate Banking Department, Sumitomo Bank Apr 2000 Advisor, Biwako Bank, Ltd. (now Kansai Mirai Bank, Ltd.) Jun 2000 Director, Biwako Bank Jun 2003 Managing Director, Biwako Bank Apr 2007 General Manager, Business Management Department, Business Management Division, Nitto Pharmaceutical Industries, Ltd. May 2007 Director and General Manager, Business Management Division, Nitto Pharmaceutical Industries Jun 2019 Advisor, General Affairs Department, Management Administration Division, the Company Feb 2020 Audit & Supervisory Board Member, the Company Feb 2020 Audit & Supervisory Board Member, Mie Chuo Kaihatsu Co., Ltd. (current) Jun 2024 Director (Full-time Audit and Supervisory Committee Member), the Company (current)
1952-08-10
Kazumasa MURAI
Director, Audit and Supervisory Committee Member
Oct 1990 Joined Osaka Office, Tohmatsu & Co. (now Deloitte Tohmatsu LLC) Aug 1995 Registered as Certified Public Accountant Aug 2006 Registered as Certified Tax Accountant Aug 2006 Established Murai CPA Office; Representative (current) May 2007 Established Management Research Institute Co., Ltd.; Representative Director Jun 2017 Audit & Supervisory Board Member, Technical Denshi Co., Ltd. (now Parking Solutions, Inc.) May 2019 Established Murai Accounting Firm (Certified Tax Accountants); Representative Partner (current) Jun 2021 Outside Director, the Company Jun 2024 Outside Audit & Supervisory Board Member, Nippon Shokubai Co., Ltd. (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1963-12-13
Noriko KITAJIMA
Director, Audit and Supervisory Committee Member
Oct 2000 Registered as attorney-at-law Oct 2000 Joined Inoue Takahiko Law Office (now Phoenix Law Office) Jan 2012 Co-Managing Partner, Phoenix Law Office (current) Jun 2015 Outside Director (Audit and Supervisory Committee Member), Sankyo Kasei Co., Ltd. Mar 2017 Outside Audit & Supervisory Board Member, Daitron Co., Ltd. Jun 2021 Outside Audit & Supervisory Board Member, the Company Mar 2023 Outside Director (Audit and Supervisory Committee Member), Tagi Chemical Co., Ltd. (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member), the Company (current) Mar 2025 Outside Director (Audit and Supervisory Committee Member), Daitron Co., Ltd. (current) Jul 2025 Outside Director, Lock Field Co., Ltd. (current)
1974-10-25
Large Shareholding Reports
FMR Investment Management (UK) Limited
2026-09-24
4.31%
Wing Towa Co., Ltd.
2026-09-17
61.47%→61.47%
Annual report (as of 2026-03-31): 61.49%
Wing Towa Co., Ltd.
2026-03-31
61.47%→61.47%
Annual report (as of 2026-03-31): 61.49%
Wing Towa Co., Ltd.
2025-11-26
61.47%→61.47%
Annual report (as of 2026-03-31): 61.49%
Wing Towa Co., Ltd.
2025-08-01
61.47%→61.47%
Annual report (as of 2026-03-31): 61.49%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-24
Large Shareholding Report
EDINET
2026-09-17
Large Shareholding Report
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-03-31
Large Shareholding Report
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-26
Large Shareholding Report
EDINET
2025-11-11
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-10-14
Securities Registration Statement
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-08-01
Large Shareholding Report
EDINET
2025-06-27
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-09
Securities Registration Statement
EDINET
2023-11-09
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINETAmended
2022-12-05
Amended Securities Registration Statement
EDINETAmended
2022-11-28
Amended Securities Registration Statement
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