5951 Dainichi Kogyo
- Nov 12, 2025
- 1 min read
A major oil-fired fan heater manufacturer. Humidifiers, which have the largest market share, are the second mainstay. Committed to domestic production. Profits are concentrated in the second half of the year.
"Dainichi stock up 40% this year and starting to break out.
US hedge fund Rangeley Capital now owns 5% of the company.
Dainichi sitting on a profitable business and 10 billion yen in cash"
https://x.com/CacheThatCheque/status/1984801815842734346?s=20
US hedge fund Rangeley Capital reports 5% ownership on Oct 28
at 925 yen/share, 17.6 bil yen mkt cap vs 20 bil yen net cash
12.48x per / 0.53x pbr / 2.38% yield