8023 Daiko Xtech
- Japan Guru
- May 21, 2025
- 1 min read
Daiko Xtech is an SI vendor with Fujitsu as the largest shareholder. Its two main pillars are communication equipment and information systems. Strong in manufacturing and distribution industries.
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Daiko Denshi = Daiko Xtech before the name change effective 2025/4
https://www.nikkei.com/article/DGXZQOUB225LW0S4A320C2000000/
signs of strategic shift and detachment from top SH Fujitsu:
"Shifting focus from telecommunications to solutions centered on production and sales management. As part of this, the sales business for Fujitsu supplies will end in March. The company name was changed to reflect new ideas and innovation" - Company Handbook
at share price of 1059, mkt cap is 14.7 bil yen vs net cash 9 bil yen.
8.15 per / 1.06 pbr / 3.4% div yield