# DAITO Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/daito-co

- Industry: Retail
- Headquarters: Osaka-shi, Japan
- Website: www.diyfactory.jp
- Total disclosed funding: $3.6M
- Latest round: Series A (Jul 27, 2015)
- Investors on record: 2

## About

Daito Co., Ltd. is a Japanese firm specializing in do-it-yourself (DIY) products, providing a range of tools, materials, and accessories that empower consumers to undertake home improvement and decoration projects.Founded in 1952 and headquartered in Osaka-shi, Japan, Daito Co., Ltd. operates in the DIY sector, focusing on tools and materials for home improvement. The company has successfully raised a total of JPY 450.000 mn through its SERIES A funding round on July 14, 2023, featuring prominent investors such as Globis Capital Partners and Mizuho Capital. Currently valued at JPY 1,677.237 mn, Daito has executed 2 total deals, reflecting its continued presence in the market. CEO Jack Yamada leads the company into its next phase of growth.Daito Co., Ltd. provides a wide array of products tailored for DIY enthusiasts, including electric and hand tools, paints, materials, and accessories. The company’s offerings serve individual hobbyists, families, and professionals alike, focusing on enhancing living spaces. Notable product lines encompass drill guides, cordless electric screwdrivers, woodworking materials, and DIY kits, all primarily marketed in Japan, particularly targeting urban and suburban areas with an established DIY culture.Daito Co., Ltd. generates revenue through direct consumer sales of its products, with potential partnerships for broader distribution. Customers can purchase individual items or comprehensive DIY kits, which include instructions and essential materials for various projects. Pricing is based on product complexity and materials, facilitating purchases of tool sets, paint supplies, and project kits while fostering customer loyalty through promotional activities.In July 2023, Daito Co., Ltd. secured funding to expand its business within domestic and international e-commerce markets. The recent Series A funding, amounting to JPY 450.000 mn, will support the development of new products aimed at enhancing its market offerings. The company aims to further penetrate various markets, with specific plans for geographic expansion yet to be detailed. The strategic use of this funding underscores Daito's commitment to growth in the evolving e-commerce landscape.

## Funding rounds

- Series A, Jul 27, 2015, $3.6M — Globis Capital Partners, Mizuho Capital

## Investors

- Globis Capital Partners (https://capitalatlas.ai/funds/globis-capital-partners) — Series A
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series A