Daiwabo Holdings Co., Ltd.
3107・Prime Market・Wholesale Trade
IT Infrastructure Distribution Business
The core profit pillar of Daiwabo Holdings, responsible for nationwide distribution of IT equipment and provision of solutions.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥1,336,479 million | ¥1,123,922 million | ↑ |
| Operating profit | ¥43,030 million | ¥34,045 million | ↑ |
| Segment assets | ¥389,639 million | ¥358,009 million | ↑ |
| Depreciation | ¥1,327 million | ¥1,216 million | ↑ |
| Goodwill balance at period-end | ¥1,051 million | ¥1,201 million | ↓ |
| YoY change in net sales | +18.9% | — | ↑ |
| YoY change in operating profit | +26.4% | — | ↑ |
Business Details
The IT Distribution business, centered on subsidiary Daiwabo Information System (DIS), sells computer equipment and peripherals. DIS Service & Solution handles logistics, technical services, and system development, while Alphatech Solutions handles IT infrastructure and cloud service sales. The business is broadly deployed to corporations, government offices, education institutions, and individuals, and is the core segment accounting for approximately 99% of the Group's consolidated net sales.
Recent Overview
Captured Windows 10 EOS demand and second-round GIGA School projects, achieving substantial growth in both revenue and profit.
In FY2026 (ending March 2026), the segment achieved net sales of ¥1,336,479 million (up 18.9% year on year) and operating profit of ¥43,030 million (up 26.4% year on year). Client PCs drove performance by capturing significant replacement demand ahead of the end of Windows 10 support (October 2025). In the education sector, the company secured numerous projects under the second round of GIGA School joint procurement, resulting in substantial revenue growth. From the fourth quarter onward, rising semiconductor demand for AI-related data centers led to price increases for PCs and servers, and delivery schedule adjustments occurred on some projects.
Key Products
Growth Drivers
- Substantial revenue growth in the education sector driven by nationwide sales activities for second-round GIGA School joint procurement projects and deepened collaboration with sales partners and vendors
- Capturing cloud/SaaS demand and strengthening the recurring business through the subscription management portal "iKAZUCHI"
- Securing stable corporate orders through strengthened combined proposals integrating PCs, cloud, networks, and software
- Deepening market penetration for new tech vendors and original services amid expanding server demand for AI-related data centers
- Strong PC sales in the consumer market through both mass retailers and e-commerce channels
Risks
- Risk of demand decline as special demand related to Windows 10 EOS runs its course (order declines becoming apparent from the fourth quarter onward)
- Risk of slowing education-sector demand following completion of deliveries for second-round GIGA School projects
- Risk of price increases and delivery adjustments for PCs and servers due to soaring semiconductor memory prices amid surging AI demand
- Risk of rising procurement costs for imported IT equipment due to yen depreciation
- Impact on the IT equipment supply chain from US trade policy (tariffs, etc.)
- Risk of intensifying price competition and rising procurement costs in the IT equipment market
Last updated: June 24, 2026