Daifuku (6383.T) Takeaways from IR Day 2026 - CR business briefing and dialogue with external director

Citi comments on Daifuku's IR Day 2026 held on October 27, featuring a briefing and Q&A with Cleanroom Global Business Head Atsushi Sonoda and a dialogue session with Outside Director Haruyuki Yoshida. Citi views management's comments as positive for CR business orders and sales outlook from FY12/27: FY12/26 order guidance is ¥362bn-¥378bn with management currently assuming the upper end; the high-probability order pipeline into FY12/27 is robust across South Korea, Taiwan and China; in the US the company expects large orders from SK Hynix and Samsung, with inquiries also relating to Tesla's terafab in Texas. On capacity, Daifuku is expanding via enhancements at its Shiga plant and increased outsourcing including overseas, and is preparing for ¥400bn in both orders and sales in FY12/27, with order-to-sales lead time averaging around 18 months. Margins are assumed unchanged YoY next fiscal year given soaring raw material prices and rising local labor costs, with the hurdle to a 25%-30%