Daifuku Co., Ltd.

Daifuku turns customers' investment plans into material-handling systems, then supports installed equipment with maintenance, parts, modifications and renewal. Its year-end 2025 backlog was ¥632,237 million. During the year, construction revenue recognized over time was ¥490,548 million, while service sales were ¥176.6bn, or 27% of consolidated revenue. These are different views of the work, not three business segments to add together. The timing of orders, the execution of projects and the support of operating equipment reveal how Daifuku's business connects across years.