Market Closed -
Japan Exchange
02:00:00 2024-06-11 am EDT
|
5-day change
|
1st Jan Change
|
7,344
JPY
|
-0.39%
|
|
-2.47%
|
+27.35%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,056,918
|
3,341,952
|
5,326,410
|
6,089,921
|
6,261,808
|
10,566,813
|
-
|
-
|
Enterprise Value (EV)
1 |
5,420,542
|
6,732,940
|
8,991,384
|
8,372,921
|
8,652,977
|
12,045,134
|
13,267,785
|
12,855,019
|
P/E ratio
|
6.18
x
|
6.68
x
|
13.3
x
|
7.5
x
|
7.88
x
|
11.7
x
|
11.8
x
|
11.5
x
|
Yield
|
4.14%
|
3.79%
|
2.45%
|
2.65%
|
3.26%
|
2.47%
|
2.59%
|
2.69%
|
Capitalization / Revenue
|
0.26
x
|
0.3
x
|
0.51
x
|
0.5
x
|
0.45
x
|
0.66
x
|
0.73
x
|
0.7
x
|
EV / Revenue
|
0.47
x
|
0.61
x
|
0.87
x
|
0.68
x
|
0.62
x
|
0.86
x
|
0.91
x
|
0.86
x
|
EV / EBITDA
|
10.5
x
|
8.19
x
|
10.9
x
|
8.49
x
|
7.78
x
|
10.7
x
|
11.4
x
|
10.6
x
|
EV / FCF
|
8
x
|
9.22
x
|
13.1
x
|
9.97
x
|
17.9
x
|
15.6
x
|
21.4
x
|
18.6
x
|
FCF Yield
|
12.5%
|
10.8%
|
7.66%
|
10%
|
5.6%
|
6.41%
|
4.66%
|
5.39%
|
Price to Book
|
1.04
x
|
1.12
x
|
1.61
x
|
1.45
x
|
1.3
x
|
1.71
x
|
1.78
x
|
1.62
x
|
Nbr of stocks (in thousands)
|
1,526,551
|
1,490,280
|
1,484,921
|
1,469,576
|
1,455,896
|
1,438,836
|
-
|
-
|
Reference price
2 |
2,002
|
2,242
|
3,587
|
4,144
|
4,301
|
7,344
|
7,344
|
7,344
|
Announcement Date
|
4/26/19
|
5/8/20
|
5/10/21
|
5/10/22
|
5/9/23
|
5/8/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
11,600,485
|
10,982,968
|
10,362,628
|
12,293,348
|
13,945,633
|
14,029,910
|
14,549,646
|
15,033,780
|
EBITDA
1 |
516,436
|
822,062
|
827,711
|
986,706
|
1,111,875
|
1,123,243
|
1,161,575
|
1,215,485
|
EBIT
1 |
361,492
|
399,438
|
403,414
|
582,522
|
701,913
|
702,900
|
752,282
|
784,944
|
Operating Margin
|
3.12%
|
3.64%
|
3.89%
|
4.74%
|
5.03%
|
5.01%
|
5.17%
|
5.22%
|
Earnings before Tax (EBT)
1 |
695,383
|
701,430
|
512,475
|
1,150,029
|
1,106,861
|
1,095,707
|
1,169,733
|
1,210,962
|
Net income
1 |
500,523
|
501,322
|
401,433
|
820,269
|
800,519
|
801,770
|
875,657
|
898,894
|
Net margin
|
4.31%
|
4.56%
|
3.87%
|
6.67%
|
5.74%
|
5.71%
|
6.02%
|
5.98%
|
EPS
2 |
324.1
|
335.6
|
269.8
|
552.9
|
546.1
|
553.0
|
621.2
|
639.4
|
Free Cash Flow
1 |
677,700
|
730,445
|
688,604
|
839,800
|
484,300
|
772,100
|
618,620
|
692,617
|
FCF margin
|
5.84%
|
6.65%
|
6.65%
|
6.83%
|
3.47%
|
5.5%
|
4.25%
|
4.61%
|
FCF Conversion (EBITDA)
|
131.23%
|
88.86%
|
83.19%
|
85.11%
|
43.56%
|
68.74%
|
53.26%
|
56.98%
|
FCF Conversion (Net income)
|
135.4%
|
145.7%
|
171.54%
|
102.38%
|
60.5%
|
96.3%
|
70.65%
|
77.05%
|
Dividend per Share
2 |
83.00
|
85.00
|
88.00
|
110.0
|
140.0
|
160.0
|
190.0
|
197.2
|
Announcement Date
|
4/26/19
|
5/8/20
|
5/10/21
|
5/10/22
|
5/9/23
|
5/8/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
5,489,699
|
4,917,716
|
2,673,434
|
2,771,478
|
2,916,818
|
2,957,952
|
5,874,770
|
3,218,884
|
3,199,694
|
6,418,578
|
3,378,021
|
3,614,143
|
6,992,164
|
3,552,055
|
3,401,414
|
-
|
3,348,491
|
3,598,841
|
6,774,098
|
-
|
3,806,279
|
3,584,949
|
EBITDA
1 |
-
|
-
|
-
|
205,145
|
258,016
|
307,751
|
-
|
261,098
|
218,296
|
-
|
282,725
|
306,760
|
-
|
288,865
|
233,525
|
-
|
268,451
|
231,604
|
-
|
-
|
267,157
|
277,131
|
EBIT
1 |
222,639
|
190,936
|
114,090
|
98,388
|
153,310
|
150,818
|
304,128
|
160,601
|
117,793
|
278,394
|
183,035
|
205,498
|
388,533
|
185,862
|
127,518
|
-
|
167,237
|
129,751
|
350,922
|
-
|
162,820
|
171,600
|
Operating Margin
|
4.06%
|
3.88%
|
4.27%
|
3.55%
|
5.26%
|
5.1%
|
5.18%
|
4.99%
|
3.68%
|
4.34%
|
5.42%
|
5.69%
|
5.56%
|
5.23%
|
3.75%
|
-
|
4.99%
|
3.61%
|
5.18%
|
-
|
4.28%
|
4.79%
|
Earnings before Tax (EBT)
|
398,810
|
290,561
|
159,591
|
-
|
382,009
|
-
|
699,887
|
257,445
|
192,697
|
450,142
|
304,699
|
-
|
641,580
|
282,968
|
182,313
|
-
|
300,224
|
-
|
571,824
|
-
|
-
|
-
|
Net income
1 |
289,068
|
252,508
|
111,810
|
37,115
|
267,500
|
233,136
|
500,612
|
178,252
|
141,405
|
319,657
|
230,631
|
252,400
|
483,031
|
199,198
|
118,290
|
-
|
213,237
|
199,877
|
412,899
|
204,100
|
204,969
|
231,629
|
Net margin
|
5.27%
|
5.13%
|
4.18%
|
1.34%
|
9.17%
|
7.88%
|
8.52%
|
5.54%
|
4.42%
|
4.98%
|
6.83%
|
6.98%
|
6.91%
|
5.61%
|
3.48%
|
-
|
6.37%
|
5.55%
|
6.1%
|
-
|
5.39%
|
6.46%
|
EPS
2 |
193.0
|
169.6
|
75.23
|
25.03
|
180.1
|
157.0
|
337.0
|
120.0
|
95.80
|
215.8
|
157.0
|
171.8
|
328.7
|
135.9
|
81.44
|
-
|
146.5
|
104.9
|
283.9
|
-
|
137.8
|
161.6
|
Dividend per Share
2 |
42.50
|
44.00
|
-
|
44.00
|
-
|
47.00
|
47.00
|
-
|
63.00
|
63.00
|
-
|
65.00
|
65.00
|
-
|
75.00
|
75.00
|
-
|
80.00
|
80.00
|
-
|
80.00
|
-
|
Announcement Date
|
11/1/19
|
11/4/20
|
2/4/21
|
5/10/21
|
8/4/21
|
11/5/21
|
11/5/21
|
2/3/22
|
5/10/22
|
5/10/22
|
8/5/22
|
11/4/22
|
11/4/22
|
2/3/23
|
5/9/23
|
5/9/23
|
8/4/23
|
-
|
11/5/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,363,624
|
3,390,988
|
3,664,974
|
2,283,000
|
2,391,169
|
2,741,600
|
2,700,973
|
2,288,207
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.577
x
|
4.125
x
|
4.428
x
|
2.314
x
|
2.151
x
|
2.441
x
|
2.325
x
|
1.883
x
|
Free Cash Flow
1 |
677,700
|
730,445
|
688,604
|
839,800
|
484,300
|
772,100
|
618,620
|
692,617
|
ROE (net income / shareholders' equity)
|
17.9%
|
17%
|
12.7%
|
21.8%
|
17.8%
|
15.6%
|
15.7%
|
14.7%
|
ROA (Net income/ Total Assets)
|
7.41%
|
6.67%
|
4.64%
|
9.86%
|
8.76%
|
7.94%
|
6.47%
|
6.05%
|
Assets
1 |
6,752,491
|
7,511,038
|
8,654,931
|
8,320,914
|
9,136,363
|
10,098,469
|
13,529,096
|
14,867,092
|
Book Value Per Share
2 |
1,930
|
2,010
|
2,233
|
2,858
|
3,312
|
3,772
|
4,126
|
4,536
|
Cash Flow per Share
2 |
424.0
|
618.0
|
555.0
|
825.0
|
826.0
|
843.0
|
833.0
|
847.0
|
Capex
1 |
95,672
|
147,688
|
152,583
|
124,883
|
165,700
|
136,384
|
145,958
|
466,667
|
Capex / Sales
|
0.82%
|
1.34%
|
1.47%
|
1.02%
|
1.19%
|
0.97%
|
1%
|
3.1%
|
Announcement Date
|
4/26/19
|
5/8/20
|
5/10/21
|
5/10/22
|
5/9/23
|
5/8/24
|
-
|
-
|
Last Close Price
7,344
JPY Average target price
7,547
JPY Spread / Average Target +2.76% Consensus |
1st Jan change
|
Capi.
|
---|
| +27.35% | 67.59B | | +45.33% | 84.25B | | +44.30% | 73.32B | | +13.09% | 43.92B | | +34.98% | 31.87B | | +32.28% | 31.42B | | +12.18% | 20.9B | | +3.78% | 15.69B | | -7.27% | 12.61B | | -13.94% | 5.82B |
Diversified Industrial Goods Wholesale
|