Delayed
Japan Exchange
10:30:00 2024-06-10 pm EDT
|
5-day change
|
1st Jan Change
|
4,886
JPY
|
-1.65%
|
|
-2.42%
|
+12.71%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
162,127
|
103,191
|
219,287
|
191,634
|
183,697
|
283,993
|
-
|
-
|
Enterprise Value (EV)
1 |
357,469
|
303,584
|
439,780
|
387,119
|
378,342
|
437,310
|
455,911
|
450,375
|
P/E ratio
|
34.6
x
|
65.9
x
|
4.9
x
|
3.68
x
|
21.6
x
|
10.4
x
|
12.1
x
|
9.22
x
|
Yield
|
2.47%
|
3.87%
|
2.21%
|
3.28%
|
4.35%
|
2.97%
|
2.87%
|
3.14%
|
Capitalization / Revenue
|
0.33
x
|
0.22
x
|
0.42
x
|
0.3
x
|
0.28
x
|
0.42
x
|
0.43
x
|
0.41
x
|
EV / Revenue
|
0.72
x
|
0.64
x
|
0.84
x
|
0.61
x
|
0.58
x
|
0.68
x
|
0.69
x
|
0.66
x
|
EV / EBITDA
|
7.74
x
|
7.23
x
|
5.17
x
|
4.12
x
|
8.19
x
|
6.62
x
|
6.31
x
|
5.73
x
|
EV / FCF
|
78.1
x
|
144
x
|
39.1
x
|
11
x
|
33.3
x
|
10.1
x
|
104
x
|
28.7
x
|
FCF Yield
|
1.28%
|
0.69%
|
2.56%
|
9.08%
|
3%
|
9.9%
|
0.97%
|
3.48%
|
Price to Book
|
0.95
x
|
0.63
x
|
1.1
x
|
0.8
x
|
0.73
x
|
0.97
x
|
0.99
x
|
0.93
x
|
Nbr of stocks (in thousands)
|
57,107
|
57,106
|
57,106
|
57,119
|
57,137
|
57,165
|
-
|
-
|
Reference price
2 |
2,839
|
1,807
|
3,840
|
3,355
|
3,215
|
4,968
|
4,968
|
4,968
|
Announcement Date
|
5/9/19
|
5/29/20
|
5/11/21
|
5/11/22
|
5/10/23
|
5/13/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
497,701
|
473,109
|
522,936
|
633,346
|
651,965
|
646,697
|
660,220
|
686,894
|
EBITDA
1 |
46,186
|
42,007
|
85,006
|
93,904
|
46,174
|
66,081
|
72,200
|
78,626
|
EBIT
1 |
18,222
|
13,037
|
51,124
|
60,737
|
12,528
|
31,694
|
34,233
|
43,939
|
Operating Margin
|
3.66%
|
2.76%
|
9.78%
|
9.59%
|
1.92%
|
4.9%
|
5.19%
|
6.4%
|
Earnings before Tax (EBT)
1 |
15,162
|
5,794
|
54,714
|
64,514
|
15,189
|
38,545
|
33,700
|
44,231
|
Net income
1 |
4,691
|
1,566
|
44,771
|
52,088
|
8,511
|
25,989
|
23,417
|
30,797
|
Net margin
|
0.94%
|
0.33%
|
8.56%
|
8.22%
|
1.31%
|
4.02%
|
3.55%
|
4.48%
|
EPS
2 |
82.15
|
27.43
|
784.0
|
912.0
|
149.0
|
454.7
|
409.7
|
538.9
|
Free Cash Flow
1 |
4,577
|
2,108
|
11,241
|
35,134
|
11,368
|
43,304
|
4,400
|
15,675
|
FCF margin
|
0.92%
|
0.45%
|
2.15%
|
5.55%
|
1.74%
|
6.7%
|
0.67%
|
2.28%
|
FCF Conversion (EBITDA)
|
9.91%
|
5.02%
|
13.22%
|
37.41%
|
24.62%
|
65.53%
|
6.09%
|
19.94%
|
FCF Conversion (Net income)
|
97.57%
|
134.61%
|
25.11%
|
67.45%
|
133.57%
|
166.62%
|
18.79%
|
50.9%
|
Dividend per Share
2 |
70.00
|
70.00
|
85.00
|
110.0
|
140.0
|
140.0
|
142.5
|
156.1
|
Announcement Date
|
5/9/19
|
5/29/20
|
5/11/21
|
5/11/22
|
5/10/23
|
5/13/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2021 S1
|
2021 S2
|
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
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
---|
Net sales
1 |
238,100
|
224,628
|
298,308
|
158,224
|
305,271
|
158,431
|
169,644
|
328,075
|
165,076
|
177,322
|
342,398
|
155,887
|
153,680
|
309,567
|
147,503
|
164,617
|
312,120
|
164,402
|
170,175
|
334,577
|
151,830
|
159,765
|
-
|
157,295
|
192,610
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
15,463
|
26,597
|
-
|
26,297
|
13,319
|
-
|
3,909
|
2,789
|
-
|
2,859
|
18,700
|
-
|
-
|
16,798
|
-
|
18,296
|
18,899
|
-
|
18,769
|
17,250
|
-
|
EBIT
1 |
5,345
|
15,867
|
35,257
|
15,654
|
35,723
|
6,998
|
18,016
|
25,014
|
18,224
|
5,072
|
23,296
|
-4,746
|
-6,022
|
-10,768
|
-5,463
|
10,122
|
4,659
|
10,142
|
16,893
|
27,035
|
7,000
|
10,500
|
-
|
8,500
|
10,500
|
-
|
Operating Margin
|
2.24%
|
7.06%
|
11.82%
|
9.89%
|
11.7%
|
4.42%
|
10.62%
|
7.62%
|
11.04%
|
2.86%
|
6.8%
|
-3.04%
|
-3.92%
|
-3.48%
|
-3.7%
|
6.15%
|
1.49%
|
6.17%
|
9.93%
|
8.08%
|
4.61%
|
6.57%
|
-
|
5.4%
|
5.45%
|
-
|
Earnings before Tax (EBT)
1 |
4,776
|
27,191
|
-
|
-
|
38,516
|
7,293
|
-
|
-
|
25,303
|
-
|
33,404
|
-10,231
|
-
|
-
|
3,656
|
7,732
|
11,388
|
9,732
|
17,425
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
1,825
|
23,891
|
-
|
12,588
|
31,345
|
5,520
|
15,223
|
-
|
21,716
|
6,211
|
27,927
|
-
|
-8,714
|
-
|
2,543
|
5,599
|
8,142
|
7,037
|
10,810
|
-
|
5,000
|
6,500
|
-
|
6,500
|
5,500
|
-
|
Net margin
|
0.77%
|
10.64%
|
-
|
7.96%
|
10.27%
|
3.48%
|
8.97%
|
-
|
13.16%
|
3.5%
|
8.16%
|
-
|
-5.67%
|
-
|
1.72%
|
3.4%
|
2.61%
|
4.28%
|
6.35%
|
-
|
3.29%
|
4.07%
|
-
|
4.13%
|
2.86%
|
-
|
EPS
2 |
31.96
|
418.4
|
-
|
-
|
548.9
|
96.62
|
266.5
|
-
|
380.2
|
108.7
|
488.9
|
-187.4
|
-152.5
|
-
|
44.51
|
97.98
|
142.5
|
123.1
|
189.1
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
85.00
|
-
|
-
|
-
|
110.0
|
110.0
|
-
|
-
|
-
|
-
|
140.0
|
140.0
|
-
|
-
|
70.00
|
-
|
70.00
|
70.00
|
-
|
70.00
|
70.00
|
-
|
80.00
|
70.00
|
Announcement Date
|
11/11/19
|
11/9/20
|
5/11/21
|
11/9/21
|
11/9/21
|
2/9/22
|
5/11/22
|
5/11/22
|
8/9/22
|
11/9/22
|
11/9/22
|
2/7/23
|
5/10/23
|
5/10/23
|
8/8/23
|
11/10/23
|
11/10/23
|
2/7/24
|
5/13/24
|
5/13/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
195,342
|
200,393
|
220,493
|
195,485
|
194,645
|
168,236
|
171,917
|
166,382
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.229
x
|
4.77
x
|
2.594
x
|
2.082
x
|
4.215
x
|
2.546
x
|
2.381
x
|
2.116
x
|
Free Cash Flow
1 |
4,577
|
2,108
|
11,241
|
35,134
|
11,368
|
43,304
|
4,400
|
15,675
|
ROE (net income / shareholders' equity)
|
2.8%
|
0.9%
|
24.6%
|
23.8%
|
3.5%
|
9.8%
|
8.35%
|
10.4%
|
ROA (Net income/ Total Assets)
|
3.4%
|
1.76%
|
9.06%
|
10.7%
|
3.13%
|
7%
|
4.7%
|
4.5%
|
Assets
1 |
138,145
|
89,109
|
494,401
|
486,617
|
271,724
|
371,483
|
498,227
|
684,388
|
Book Value Per Share
2 |
2,978
|
2,885
|
3,484
|
4,196
|
4,434
|
4,872
|
5,032
|
5,366
|
Cash Flow per Share
2 |
572.0
|
535.0
|
1,377
|
1,493
|
738.0
|
1,056
|
1,028
|
1,138
|
Capex
1 |
36,119
|
33,999
|
28,176
|
27,456
|
32,515
|
32,039
|
40,600
|
42,400
|
Capex / Sales
|
7.26%
|
7.19%
|
5.39%
|
4.34%
|
4.99%
|
4.95%
|
6.15%
|
6.17%
|
Announcement Date
|
5/9/19
|
5/29/20
|
5/11/21
|
5/11/22
|
5/10/23
|
5/13/24
|
-
|
-
|
Last Close Price
4,968
JPY Average target price
5,147
JPY Spread / Average Target +3.60% Consensus |
1st Jan change
|
Capi.
|
---|
| +12.71% | 1.82B | | -.--% | 7.39B | | -19.74% | 6.19B | | -8.13% | 3.72B | | +22.59% | 3.69B | | -22.90% | 3.68B | | +35.09% | 3.63B | | -15.85% | 3.54B | | -0.96% | 3.44B | | -26.73% | 2.25B |
Nonferrous Metal Processing
|