Market Closed -
Japan Exchange
02:00:00 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
2,268
JPY
|
+0.76%
|
|
-2.81%
|
+6.63%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,618,641
|
1,953,446
|
3,184,037
|
3,618,813
|
3,359,071
|
4,172,420
|
-
|
-
|
Enterprise Value (EV)
1 |
1,518,168
|
1,907,158
|
3,018,530
|
3,420,112
|
3,214,345
|
4,483,432
|
3,891,107
|
3,874,335
|
P/E ratio
|
15.6
x
|
12.3
x
|
15.8
x
|
19.9
x
|
16.1
x
|
18.4
x
|
16.2
x
|
15
x
|
Yield
|
1.88%
|
1.85%
|
1.25%
|
1.19%
|
1.35%
|
1.04%
|
1.23%
|
1.39%
|
Capitalization / Revenue
|
0.41
x
|
0.51
x
|
0.89
x
|
1.01
x
|
0.9
x
|
1.22
x
|
1.13
x
|
1.08
x
|
EV / Revenue
|
0.38
x
|
0.49
x
|
0.84
x
|
0.95
x
|
0.87
x
|
1.19
x
|
1.05
x
|
1
x
|
EV / EBITDA
|
5.27
x
|
4.48
x
|
6.83
x
|
8.43
x
|
6.24
x
|
13
x
|
7.86
x
|
7.29
x
|
EV / FCF
|
15.9
x
|
8.18
x
|
12.8
x
|
18.1
x
|
18.1
x
|
29.5
x
|
14.6
x
|
15.5
x
|
FCF Yield
|
6.28%
|
12.2%
|
7.83%
|
5.53%
|
5.52%
|
3.39%
|
6.85%
|
6.45%
|
Price to Book
|
1.43
x
|
1.57
x
|
2.2
x
|
2.27
x
|
2.12
x
|
2.61
x
|
2.25
x
|
2.12
x
|
Nbr of stocks (in thousands)
|
2,026,849
|
2,002,508
|
1,990,023
|
1,965,144
|
1,883,415
|
1,839,286
|
-
|
-
|
Reference price
2 |
798.6
|
975.5
|
1,600
|
1,842
|
1,784
|
2,268
|
2,268
|
2,268
|
Announcement Date
|
4/26/19
|
5/14/20
|
4/28/21
|
4/28/22
|
4/27/23
|
4/25/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,952,437
|
3,857,797
|
3,589,700
|
3,586,800
|
3,713,700
|
3,756,000
|
3,707,290
|
3,873,201
|
EBITDA
1 |
288,333
|
425,520
|
442,152
|
405,577
|
514,842
|
345,824
|
494,800
|
531,571
|
EBIT
1 |
130,227
|
211,483
|
266,300
|
219,200
|
335,600
|
160,200
|
321,448
|
376,672
|
Operating Margin
|
3.29%
|
5.48%
|
7.42%
|
6.11%
|
9.04%
|
4.27%
|
8.67%
|
9.73%
|
Earnings before Tax (EBT)
1 |
161,785
|
228,564
|
291,800
|
239,900
|
371,800
|
178,180
|
392,508
|
398,078
|
Net income
1 |
104,562
|
160,042
|
202,700
|
182,600
|
215,100
|
254,400
|
263,204
|
266,729
|
Net margin
|
2.65%
|
4.15%
|
5.65%
|
5.09%
|
5.79%
|
6.77%
|
7.1%
|
6.89%
|
EPS
2 |
51.25
|
79.12
|
101.4
|
92.42
|
110.8
|
135.6
|
139.6
|
150.9
|
Free Cash Flow
1 |
95,274
|
233,057
|
236,386
|
189,080
|
177,520
|
151,982
|
266,375
|
250,050
|
FCF margin
|
2.41%
|
6.04%
|
6.59%
|
5.27%
|
4.78%
|
4.05%
|
7.19%
|
6.46%
|
FCF Conversion (EBITDA)
|
33.04%
|
54.77%
|
53.46%
|
46.62%
|
34.48%
|
43.95%
|
53.83%
|
47.04%
|
FCF Conversion (Net income)
|
91.12%
|
145.62%
|
116.62%
|
103.55%
|
82.53%
|
59.74%
|
101.2%
|
93.75%
|
Dividend per Share
2 |
15.00
|
18.00
|
20.00
|
22.00
|
24.00
|
26.00
|
28.00
|
31.46
|
Announcement Date
|
4/26/19
|
5/14/20
|
4/28/21
|
4/28/22
|
4/27/23
|
4/25/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
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 |
1,828,763
|
2,029,034
|
1,631,800
|
1,957,900
|
861,031
|
1,663,011
|
880,526
|
1,043,300
|
1,923,800
|
818,862
|
886,400
|
1,705,300
|
931,424
|
1,076,976
|
2,008,400
|
799,640
|
912,257
|
1,711,897
|
930,825
|
1,113,300
|
2,044,200
|
802,546
|
900,537
|
-
|
915,743
|
1,080,111
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
93,046
|
-
|
110,068
|
124,396
|
-
|
70,285
|
118,038
|
-
|
115,260
|
211,259
|
-
|
37,683
|
87,534
|
-
|
49,507
|
171,100
|
-
|
54,401
|
90,035
|
-
|
111,493
|
196,243
|
-
|
EBIT
1 |
71,060
|
140,423
|
62,200
|
204,100
|
47,744
|
81,483
|
65,185
|
72,500
|
137,600
|
25,602
|
75,367
|
100,900
|
72,316
|
162,329
|
234,700
|
-1,665
|
46,445
|
44,780
|
3,309
|
112,100
|
115,420
|
14,020
|
55,788
|
-
|
75,509
|
177,175
|
-
|
Operating Margin
|
3.89%
|
6.92%
|
3.81%
|
10.42%
|
5.54%
|
4.9%
|
7.4%
|
6.95%
|
7.15%
|
3.13%
|
8.5%
|
5.92%
|
7.76%
|
15.07%
|
11.69%
|
-0.21%
|
5.09%
|
2.62%
|
0.36%
|
10.07%
|
5.65%
|
1.75%
|
6.19%
|
-
|
8.25%
|
16.4%
|
-
|
Earnings before Tax (EBT)
1 |
80,805
|
147,759
|
68,000
|
223,800
|
49,917
|
89,512
|
68,910
|
81,478
|
150,388
|
38,339
|
92,311
|
130,600
|
73,983
|
167,217
|
241,200
|
8,572
|
51,623
|
60,195
|
776
|
117,209
|
117,985
|
9,500
|
46,000
|
97,000
|
71,000
|
180,500
|
314,000
|
Net income
1 |
63,659
|
96,383
|
47,100
|
155,600
|
28,774
|
52,939
|
71,344
|
58,317
|
129,661
|
17,283
|
54,698
|
71,900
|
40,768
|
102,432
|
143,200
|
4,354
|
33,458
|
37,812
|
-11,728
|
228,300
|
216,590
|
12,304
|
34,098
|
53,503
|
51,950
|
179,833
|
207,924
|
Net margin
|
3.48%
|
4.75%
|
2.89%
|
7.95%
|
3.34%
|
3.18%
|
8.1%
|
5.59%
|
6.74%
|
2.11%
|
6.17%
|
4.22%
|
4.38%
|
9.51%
|
7.13%
|
0.54%
|
3.67%
|
2.21%
|
-1.26%
|
20.51%
|
10.6%
|
1.53%
|
3.79%
|
-
|
5.67%
|
16.65%
|
-
|
EPS
2 |
31.41
|
47.71
|
23.53
|
77.85
|
14.52
|
26.68
|
36.07
|
29.67
|
65.74
|
8.795
|
27.83
|
36.62
|
20.92
|
53.22
|
-
|
2.312
|
17.76
|
20.07
|
-6.224
|
121.7
|
115.5
|
6.695
|
18.85
|
28.39
|
28.70
|
99.40
|
110.3
|
Dividend per Share
2 |
8.000
|
10.00
|
10.00
|
10.00
|
11.00
|
11.00
|
-
|
11.00
|
11.00
|
-
|
12.00
|
12.00
|
-
|
12.00
|
12.00
|
-
|
13.00
|
13.00
|
-
|
13.00
|
13.00
|
-
|
14.00
|
14.00
|
-
|
14.00
|
14.00
|
Announcement Date
|
10/29/19
|
5/14/20
|
10/27/20
|
4/28/21
|
10/27/21
|
10/27/21
|
1/27/22
|
4/28/22
|
4/28/22
|
7/29/22
|
10/27/22
|
10/27/22
|
1/31/23
|
4/27/23
|
4/27/23
|
7/27/23
|
10/26/23
|
10/26/23
|
1/31/24
|
4/25/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
100,473
|
46,288
|
165,507
|
198,701
|
144,726
|
96,463
|
281,313
|
298,086
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
95,274
|
233,057
|
236,386
|
189,080
|
177,520
|
151,982
|
266,375
|
250,050
|
ROE (net income / shareholders' equity)
|
9.4%
|
13.5%
|
15.1%
|
12%
|
13.5%
|
15.2%
|
15.8%
|
14.7%
|
ROA (Net income/ Total Assets)
|
5.2%
|
7.26%
|
9.15%
|
7.36%
|
11.3%
|
5.26%
|
8.11%
|
7.98%
|
Assets
1 |
2,012,057
|
2,202,951
|
2,214,712
|
2,481,228
|
1,908,026
|
4,840,422
|
3,246,111
|
3,343,742
|
Book Value Per Share
2 |
559.0
|
620.0
|
729.0
|
809.0
|
843.0
|
953.0
|
1,010
|
1,070
|
Cash Flow per Share
2 |
129.0
|
185.0
|
189.0
|
187.0
|
203.0
|
234.0
|
187.0
|
218.0
|
Capex
1 |
120,637
|
132,970
|
128,771
|
143,251
|
121,000
|
195,839
|
120,000
|
128,600
|
Capex / Sales
|
3.05%
|
3.45%
|
3.59%
|
3.99%
|
3.26%
|
5.21%
|
3.24%
|
3.32%
|
Announcement Date
|
4/26/19
|
5/14/20
|
4/28/21
|
4/28/22
|
4/27/23
|
4/25/24
|
-
|
-
|
Last Close Price
2,268
JPY Average target price
2,622
JPY Spread / Average Target +15.57% Consensus |
1st Jan change
|
Capi.
|
---|
| +6.63% | 26.54B | | -19.53% | 177B | | -3.23% | 159B | | +2.05% | 153B | | +5.13% | 100B | | +9.84% | 81.1B | | +22.85% | 75.87B | | -8.81% | 69.81B | | -31.57% | 45.59B | | -9.69% | 42.96B |
Other IT Services & Consulting
|