Daiwa Refrigeration Machinery

Basic Information

Stock Code
6459
Industry
Machinery
Category Detail
Commercial & Industrial Machinery
Prefecture
Osaka Prefecture
Establishment Year
November 1962
Listing Year
October 1985
Official Website
http://www.drk.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Teika, Sakai Chemical, Yumilink, Nakano Refrigeration Machinery, Galilei

Overview

Daiwa Refrigeration Machinery is a commercial machinery manufacturer founded in 1962, with strengths in the refrigeration and freezing equipment sector, and has established a solid position in the domestic and international commercial refrigerator market.

Current Situation

Daiwa Refrigeration Machinery's main business is the manufacturing and sales of commercial refrigerators and freezers. In fiscal 2014, it recorded net sales of approximately 32 billion yen and net assets of approximately 50.5 billion yen. Centered in Japan, it provides a wide variety of refrigeration and freezing equipment to supermarkets, convenience stores, and restaurants, with a nationwide sales network. In recent years, it has focused on developing energy-saving showcases and inverter-controlled products, while also promoting efforts to reduce environmental impact. It maintains debt-free operations with a stable financial base, gaining trust through enhanced customer service and maintenance systems. It has bases in Fukuoka, Saiki, Osaka, and Tokyo for capital investment, aiming to improve production efficiency and customer responsiveness. Moving forward, it will strengthen energy-saving and environmentally friendly products and introduce new technologies to enhance market competitiveness, aiming for sustainable growth. By 2030, it strategically aims to achieve environmental goals and sales expansion, further diversifying business domestically and internationally.

Trivia

Interesting Facts

  • Founded as a small refrigeration workshop in Osaka City.
  • Adopted the character 'Orca (killer whale)' representing corporate spirit in 1997.
  • Pioneer in energy-saving technology for refrigerators and showcases.
  • Saiki Factory known for proactive environmental conservation efforts.
  • Long-term debt-free prudent management.
  • Tokyo head office relocated from Kasumigaseki Building to Akihabara DRK Building in 2010.
  • Developed industry-first inverter-controlled cold table 'Eco Vault-kun,' attracting attention.
  • Realizes rapid customer response through diverse sales office network.
  • Founder in 1958 was Shigeru Ozaki, with the family currently serving as representative director.
  • Early adoption of non-CFC cyclopentane foaming agent.
  • Gains trust with numerous service centers nationwide.
  • Corporate philosophy is 'Contribute to society's prosperity.'
  • Absorbed and merged subsidiary Tonichi in 2013 to strengthen business.
  • Contributes to local job creation through regional factories.
  • Dishwasher 'Eco Wash-kun' boasts high energy-saving performance in the industry.

Hidden Connections

  • With head offices in Osaka City and Tokyo, serves as a bridge between the economic regions of both areas.
  • Supports food distribution through supply of refrigeration equipment to supermarkets and convenience stores.
  • Differentiates from competitors with environmentally friendly products and succeeds in new market development.
  • Ozaki family has served as representative directors for generations, maintaining family management stability.
  • Factory in Saiki City, Oita Prefecture, contributes to raising local environmental awareness.
  • Non-CFC products evaluated as a leading model case for domestic environmental policies.
  • Nationwide sales office network strongly collaborates with logistics companies and government offices.
  • Ice maker technology closely linked to cooling needs in the food service industry.

Future Outlook

Growth Drivers

  • Increasing demand for energy-saving and environmentally friendly products
  • Expansion of domestic and international food distribution markets
  • Growing needs for operational efficiency in the food service industry
  • Acceleration of IoT and smart technology integration in products
  • Investment capacity from debt-free operations
  • Demand for high-performance equipment due to stricter environmental regulations
  • Market expansion for welfare facilities in aging society
  • Improved production efficiency through multi-site production
  • Strengthened product rollout to new customer segments
  • Shift to labor-saving and automation equipment

Strategic Goals

  • Complete transition of all product lines to non-CFCs
  • Improve product energy-saving performance to industry-leading levels
  • Promote digitalization of sales channels
  • Strengthen nationwide service network
  • Achieve manufacturing processes close to zero environmental impact
  • Maintain domestic share and develop new overseas markets
  • Improve employee work environment to enhance retention rate
  • Complete development and promotion of climate change response products
  • Build sustainable supply chain
  • Achieve annual net sales exceeding 40 billion yen

Business Segments

Equipment Sales for Restaurants

Overview
Provides refrigeration and freezing equipment and related services to various industries.
Competitiveness
Rapid response through nationwide sales and service network
Customers
  • Supermarkets
  • Convenience Stores
  • Restaurants
  • Flower Shops
  • Japanese and Western Confectionery Stores
  • Hotels and Inns
  • Food and Beverage Manufacturers
  • Logistics Industry
  • Schools, Hospitals, and Welfare Facilities
  • Government Offices
Products
  • Slide Door Refrigerator
  • Blast Chiller
  • Ice Maker
  • Dishwasher
  • Showcase

Equipment Installation and Maintenance Services

Overview
Provides installation and maintenance management services by specialized technicians.
Competitiveness
Comprehensive service center network
Customers
  • Food Service Operators
  • Retailers
  • Logistics Companies
  • Public Facilities
Products
  • Equipment Installation Work
  • After-Sales Service
  • Regular Maintenance

Environmentally Friendly Product Development

Overview
Develops and provides products compliant with environmental regulations.
Competitiveness
Advanced adoption of non-CFC technology
Customers
  • Domestic and International Distributors
  • Food Service Industry
Products
  • Energy-Saving Showcases
  • Non-CFC Refrigerant Equipment

Competitive Advantage

Strengths

  • High technological capability in commercial refrigerators
  • Comprehensive nationwide sales network
  • Stable financial base from debt-free operations
  • Development capabilities for energy-saving and environmentally friendly products
  • Comprehensive maintenance services
  • Management structure at Tokyo head office since 1979
  • Robust production system with multiple factories
  • Long-term leadership of the representative director and president
  • Diverse customer base and transaction record
  • Strengthened compliance through encouragement of whistleblowing to labor standards inspection office
  • Sales organization with 19 sales departments and 202 sales offices nationwide
  • Reliable business execution based on corporate philosophy
  • Customer support through 19 sales and service centers
  • High brand recognition in the industry
  • Market needs response through multifunctional products

Competitive Advantages

  • Long-term trust and track record in the commercial refrigerator industry
  • Advanced adoption of NH glass in energy-saving refrigerators
  • Rapid customer response system through nationwide optimal placement
  • Early introduction of non-CFC cyclopentane foaming agent to reduce environmental impact
  • Wide range of products to meet diverse customer needs
  • High financial soundness enabled by debt-free operations
  • Leading after-sales service system in the industry
  • Efficient shipping system through collaboration with regional logistics facilities
  • Differentiation from competitors through expanded product lineup
  • Compliance awareness through coordination with labor standards inspection office
  • Technological accumulation and quality control honed through years of product development
  • Establishment and maintenance of extensive sales channels
  • Continuous improvement of environmental performance through new technology adoption
  • Research and development investment backed by stable capital
  • Strong ties and trust with local communities

Threats

  • Increased product design costs due to stricter environmental regulations
  • Risk of stagnation in commercial market or emergence of new refrigeration technologies
  • Intensifying energy-saving technology and price competition from competitors
  • Risk of fluctuations in raw material prices
  • Inflow of low-price products from emerging overseas manufacturers
  • Market shrinkage risk due to declining domestic population
  • Delay in responding to rapid technological evolution
  • Disruption of production and logistics networks due to natural disasters
  • Risk of changes in import/export costs due to exchange rate fluctuations
  • Risk of productivity decline due to labor shortage
  • Increased management burden from further strengthening of legal compliance
  • Risk of inability to respond to diversifying customer needs

Innovations

2024: Expansion of Non-CFC Refrigerant Products

Overview
Strengthened product lineup using cyclopentane foaming agent to promote reduction of environmental impact.
Impact
Contributes to CO2 emission reduction and improved safety performance

2023: Launch of New Inverter-Controlled Showcase Model

Overview
Completed development of new showcase equipped with highly energy-saving inverter control technology.
Impact
Reduces power consumption by an average of 15%

2022: Introduction of Smart Maintenance System

Overview
Began deployment of system enabling remote monitoring and preventive maintenance using IoT technology.
Impact
Improved maintenance efficiency and 10% reduction in failure rate

2021: Development of New Blast Chiller

Overview
Developed blast chiller with enhanced rapid cooling function to strengthen food freshness preservation.
Impact
Improved customer satisfaction and expanded market share

2020: Introduction of Environmentally Considerate Ice Maker

Overview
Launched ice maker equipped with energy-saving technology and reduced water usage function.
Impact
20% improvement in product energy efficiency

Sustainability

  • Strict compliance with environmental regulations
  • Expansion and promotion of energy-saving products
  • Application of non-CFC refrigerants to all models
  • Implementation of plans to reduce environmental impact in manufacturing processes
  • Promotion of cyclic resource utilization
  • Employee environmental awareness activities
  • Continuous investment in energy-saving technology research
  • Setting and management of environmental goals at Saiki Factory
  • Acquisition and renewal of external environmental certifications
  • Implementation of waste reduction programs
  • Establishment of green procurement guidelines
  • Participation in local environmental conservation activities