Market Closed -
Japan Exchange
02:00:00 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
2,648
JPY
|
+1.53%
|
|
-0.90%
|
-4.59%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,360,075
|
670,514
|
1,079,408
|
1,000,747
|
1,128,353
|
1,156,976
|
-
|
-
|
Enterprise Value (EV)
1 |
980,354
|
533,141
|
1,172,086
|
1,391,625
|
1,414,609
|
1,274,968
|
1,338,158
|
1,301,633
|
P/E ratio
|
9.02
x
|
12.8
x
|
-3.23
x
|
-5.64
x
|
32.8
x
|
13.3
x
|
11.1
x
|
9.65
x
|
Yield
|
2.82%
|
2.76%
|
-
|
-
|
0.97%
|
2.77%
|
3.11%
|
3.63%
|
Capitalization / Revenue
|
0.91
x
|
0.48
x
|
2.24
x
|
1.47
x
|
0.82
x
|
0.77
x
|
0.63
x
|
0.59
x
|
EV / Revenue
|
0.66
x
|
0.38
x
|
2.44
x
|
2.04
x
|
1.03
x
|
0.77
x
|
0.72
x
|
0.67
x
|
EV / EBITDA
|
3.26
x
|
2.23
x
|
-5.43
x
|
-23
x
|
6.35
x
|
4.38
x
|
4.38
x
|
3.92
x
|
EV / FCF
|
9.16
x
|
-3.3
x
|
-3.79
x
|
-5.02
x
|
7.85
x
|
17.6
x
|
21
x
|
12.2
x
|
FCF Yield
|
10.9%
|
-30.3%
|
-26.4%
|
-19.9%
|
12.7%
|
5.69%
|
4.75%
|
8.17%
|
Price to Book
|
1.17
x
|
0.61
x
|
1.14
x
|
1.25
x
|
1.38
x
|
1.4
x
|
1.19
x
|
1.1
x
|
Nbr of stocks (in thousands)
|
348,827
|
336,942
|
437,007
|
437,007
|
437,007
|
437,007
|
-
|
-
|
Reference price
2 |
3,899
|
1,990
|
2,470
|
2,290
|
2,582
|
2,648
|
2,648
|
2,648
|
Announcement Date
|
4/26/19
|
4/30/20
|
5/7/21
|
5/6/22
|
5/2/23
|
5/2/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,487,261
|
1,411,230
|
481,225
|
682,713
|
1,375,589
|
1,651,890
|
1,848,061
|
1,946,368
|
EBITDA
1 |
300,264
|
238,667
|
-215,800
|
-60,623
|
222,760
|
290,892
|
305,512
|
332,133
|
EBIT
1 |
176,160
|
100,632
|
-398,300
|
-234,767
|
64,563
|
140,932
|
164,421
|
185,668
|
Operating Margin
|
11.84%
|
7.13%
|
-82.77%
|
-34.39%
|
4.69%
|
8.53%
|
8.9%
|
9.54%
|
Earnings before Tax (EBT)
1 |
156,240
|
96,513
|
-404,078
|
-246,617
|
52,429
|
139,306
|
162,460
|
178,452
|
Net income
1 |
150,807
|
53,407
|
-286,693
|
-177,551
|
34,423
|
95,534
|
104,474
|
119,702
|
Net margin
|
10.14%
|
3.78%
|
-59.58%
|
-26.01%
|
2.5%
|
5.78%
|
5.65%
|
6.15%
|
EPS
2 |
432.1
|
155.7
|
-765.0
|
-406.3
|
78.77
|
218.6
|
239.2
|
274.3
|
Free Cash Flow
1 |
107,004
|
-161,543
|
-309,205
|
-277,314
|
180,142
|
77,747
|
63,600
|
106,320
|
FCF margin
|
7.19%
|
-11.45%
|
-64.25%
|
-40.62%
|
13.1%
|
4.66%
|
3.44%
|
5.46%
|
FCF Conversion (EBITDA)
|
35.64%
|
-
|
-
|
-
|
80.87%
|
26.99%
|
20.82%
|
32.01%
|
FCF Conversion (Net income)
|
70.95%
|
-
|
-
|
-
|
523.32%
|
84.36%
|
60.88%
|
88.82%
|
Dividend per Share
2 |
110.0
|
55.00
|
-
|
-
|
25.00
|
73.29
|
82.44
|
95.98
|
Announcement Date
|
4/26/19
|
4/30/20
|
5/7/21
|
5/6/22
|
5/2/23
|
5/2/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
759,844
|
651,386
|
194,700
|
286,525
|
157,615
|
290,647
|
207,833
|
184,233
|
268,896
|
349,626
|
618,522
|
387,067
|
369,999
|
757,067
|
381,440
|
439,498
|
820,938
|
428,427
|
402,525
|
435,000
|
499,224
|
472,228
|
446,796
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
81,316
|
19,316
|
-223,900
|
-174,400
|
-64,858
|
-141,703
|
-31,842
|
-61,222
|
-30,186
|
26,228
|
-3,958
|
37,900
|
30,621
|
-
|
187,424
|
59,852
|
91,235
|
37,564
|
14,980
|
29,872
|
64,602
|
40,138
|
28,248
|
Operating Margin
|
10.7%
|
2.97%
|
-115%
|
-60.87%
|
-41.15%
|
-48.75%
|
-15.32%
|
-33.23%
|
-11.23%
|
7.5%
|
-0.64%
|
9.79%
|
8.28%
|
-
|
49.14%
|
13.62%
|
11.11%
|
8.77%
|
3.72%
|
6.87%
|
12.94%
|
8.5%
|
6.32%
|
Earnings before Tax (EBT)
|
78,803
|
-
|
-228,252
|
-
|
-70,561
|
-154,446
|
-34,246
|
-57,925
|
-28,808
|
25,974
|
-2,834
|
27,499
|
27,764
|
-
|
31,897
|
57,198
|
89,095
|
34,875
|
15,336
|
-
|
-
|
-
|
-
|
Net income
1 |
51,203
|
-
|
-161,226
|
-
|
-47,057
|
-104,976
|
-23,346
|
-49,229
|
-19,560
|
17,448
|
-2,112
|
-
|
18,110
|
-
|
23,063
|
38,608
|
61,671
|
24,201
|
9,662
|
23,342
|
39,766
|
24,840
|
1,289
|
Net margin
|
6.74%
|
-
|
-82.81%
|
-
|
-29.86%
|
-36.12%
|
-11.23%
|
-26.72%
|
-7.27%
|
4.99%
|
-0.34%
|
-
|
4.89%
|
-
|
6.05%
|
8.78%
|
7.51%
|
5.65%
|
2.4%
|
5.37%
|
7.97%
|
5.26%
|
0.29%
|
EPS
2 |
147.9
|
-
|
-478.4
|
-
|
-107.7
|
-240.2
|
-53.42
|
-112.6
|
-44.76
|
39.93
|
-4.830
|
42.16
|
41.44
|
-
|
52.77
|
88.35
|
141.1
|
55.38
|
22.11
|
42.83
|
98.51
|
59.71
|
9.170
|
Dividend per Share
2 |
55.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
30.00
|
-
|
35.00
|
-
|
40.00
|
-
|
40.00
|
Announcement Date
|
10/31/19
|
4/30/20
|
10/30/20
|
5/7/21
|
11/2/21
|
11/2/21
|
2/2/22
|
5/6/22
|
8/1/22
|
11/1/22
|
11/1/22
|
2/2/23
|
5/2/23
|
5/2/23
|
8/1/23
|
10/31/23
|
10/31/23
|
2/2/24
|
5/2/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
92,678
|
390,878
|
286,256
|
208,353
|
181,182
|
144,656
|
Net Cash position
1 |
379,721
|
137,373
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-0.4295
x
|
-6.448
x
|
1.285
x
|
0.7232
x
|
0.593
x
|
0.4355
x
|
Free Cash Flow
1 |
107,004
|
-161,543
|
-309,205
|
-277,314
|
180,142
|
77,747
|
63,600
|
106,321
|
ROE (net income / shareholders' equity)
|
13.6%
|
4.7%
|
-29.2%
|
-20.3%
|
4.3%
|
11.1%
|
10.7%
|
12.2%
|
ROA (Net income/ Total Assets)
|
8.51%
|
5.27%
|
-20.4%
|
-11%
|
2.14%
|
5.39%
|
5.9%
|
5.17%
|
Assets
1 |
1,771,341
|
1,012,649
|
1,407,164
|
1,612,297
|
1,606,045
|
1,772,697
|
1,770,743
|
2,313,307
|
Book Value Per Share
2 |
3,340
|
3,249
|
2,168
|
1,830
|
1,868
|
2,082
|
2,227
|
2,399
|
Cash Flow per Share
2 |
788.0
|
558.0
|
-256.0
|
2.820
|
441.0
|
562.0
|
708.0
|
705.0
|
Capex
1 |
222,126
|
239,611
|
89,686
|
161,306
|
117,488
|
205,000
|
245,000
|
218,000
|
Capex / Sales
|
14.94%
|
16.98%
|
18.64%
|
23.63%
|
8.54%
|
12.3%
|
13.26%
|
11.2%
|
Announcement Date
|
4/26/19
|
4/30/20
|
5/7/21
|
5/6/22
|
5/2/23
|
5/2/24
|
-
|
-
|
Last Close Price
2,648
JPY Average target price
3,271
JPY Spread / Average Target +23.55% Consensus |
1st Jan change
|
Capi.
|
---|
| -4.59% | 7.36B | | +26.82% | 32.92B | | -8.41% | 21.53B | | +41.18% | 19.37B | | +3.20% | 17.85B | | +28.49% | 17.43B | | -15.79% | 14.64B | | +32.44% | 12.97B | | -3.63% | 12.84B | | +1.80% | 10.79B |
Other Airlines
|