Daiwa Cycle
Retailer / private label
UnclaimedJapanese bicycle retail chain operating over 100 stores, listed on the Tokyo Stock Exchange Growth Market.
Last updated September 16, 2026
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Overview
DAIWA CYCLE株式会社 is a Japanese bicycle retail company. Its business covers the sale and repair of bicycles, and it operates a chain of stores including roadside, in-shop, and sports-bike specialty formats. The company began in January 1980 as a bicycle parking lot business in Yao, Osaka, and expanded into bicycle sales and repair, later developing a chain of bicycle specialty mass-retail stores. It is listed on the Tokyo Stock Exchange Growth Market under securities code 5888. Its headquarters are in Suita, Osaka, and it also has a Tokyo head office in Kawasaki, Kanagawa. The company operates over 100 stores and offers services such as on-site repair, as well as private-brand bicycles.
History
The history of DAIWA CYCLE株式会社 began with a small bicycle parking lot in front of Kintetsu Yao Station. In January 1980, the company started operating a bicycle parking lot in Yao, Osaka. In April 1982, it began retail operations by running bicycle sales and repair alongside the parking lot. In August 1990, Yugen Kaisha Daiwa was established. In March 1999, aiming for a chain of bicycle specialty mass-retail stores, it opened 'Daiwa Jitensha Aoyama Store' in Takamicho, Yao, Osaka. In August 2001, it reorganized into Kabushiki Kaisha Daiwa. In July 2006, it started internet mail-order sales. In May 2007, it established a Tokyo head office in Setagaya, Tokyo, and in June 2007 opened its first Tokyo store, 'Daiwa Jitensha Setagaya Karasuyama Store', and relocated its head office to Suita, Osaka. In March 2008, it opened its first in-shop store, 'Cycle Studio Silver Ring Ario Oto Store', in Nishi-ku, Sakai, Osaka. In December 2008, it opened its first store in Hyogo Prefecture, 'Cycle Studio Silver Ring Tsukashin Store', in Amagasaki. In March 2009, it opened its first store in Saitama Prefecture, 'Cycle Studio Silver Ring Shin-Misato Store', in Misato, and changed the format of 'Daiwa Jitensha Setagaya Karasuyama Store' to 'Cycle Studio Silver Ring Pro Setagaya Karasuyama Store'. In December 2009, it opened its first store in Kanagawa Prefecture, 'Daiwa Jitensha Miyamae Store', in Miyamae-ku, Kawasaki. In September 2010, it opened its first store in Aichi Prefecture, 'Daiwa Jitensha Takako Store', in Showa-ku, Nagoya. In July 2011, it relocated its Tokyo head office to Miyamae-ku, Kawasaki, Kanagawa. In March 2014, it opened its first store in Chiba Prefecture, 'Cycle Studio Silver Ring Nagareyama Otakanomori Store', in Nagareyama. In July 2014, it changed its trade name from 'Daiwa Jitensha' to 'Daiwa Cycle'. In July 2020, it opened its first store in Kyoto Prefecture, 'Daiwa Cycle Imadegawa Store', in Kamigyo-ku, Kyoto. In January 2021, it changed its corporate name to DAIWA CYCLE株式会社 and changed the trade name 'Cycle Studio Silver Ring' to 'Daiwa Cycle STYLE'. In February 2022, it changed the trade name 'Cycle Studio Silver Ring Pro' to 'Daiwa Cycle Pro'. In June 2022, it reached 100 stores. In November 2022, it opened its first store in Nara Prefecture, 'Daiwa Cycle Tawaramoto Store', in Shiki-gun, Nara. In November 2023, it was listed on the Tokyo Stock Exchange Growth Market. In March 2025, it opened its first store in Shiga Prefecture, 'Daiwa Cycle Moriyama Store', in Moriyama.
Products and positioning
Aims to be a unique company in the bicycle industry by continually creating 'new norms for bicycles', with a service culture rooted in an 'omoiyari' (consideration) mindset since founding.
ATOSS Fami
A new child-carrying electric assist bicycle born from mothers' voices, with the concept 'pushing life forward = ATOSS'.
ATOSS Mini
A bicycle named ATOSS, leveraging powerful torque as a bicycle that 'pushes life forward', equipped with an L-shaped two-leg stand and front basket as standard, with a cute design.
ARTMA ライラス
Supervised by former professional racer Tsuji Yoshimitsu as part of the ARTMA series; the frame design was also supervised by Tsuji.
ARTMA サイレス
Supervised by former professional racer Tsuji Yoshimitsu as part of the ARTMA series; a cross bike with light handling, reliable braking via hydraulic disc brakes, and excellent design.
e-KNOSEL
A center-unit electric bicycle equipped with a large basket, ideal for shopping.
Sources4 sources
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