Market Closed -
Japan Exchange
02:00:00 2024-06-10 am EDT
|
5-day change
|
1st Jan Change
|
2,335
JPY
|
+2.14%
|
|
-1.81%
|
+6.74%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,081,758
|
404,824
|
784,835
|
992,076
|
975,422
|
1,484,981
|
-
|
-
|
Enterprise Value (EV)
1 |
2,523,346
|
2,126,121
|
2,435,199
|
2,739,703
|
2,718,996
|
1,615,378
|
3,123,111
|
2,953,683
|
P/E ratio
|
6.62
x
|
-2.05
x
|
-35.9
x
|
3.44
x
|
5.99
x
|
7.86
x
|
6.38
x
|
6.26
x
|
Yield
|
2.66%
|
2.84%
|
0.73%
|
8.13%
|
4.76%
|
3.94%
|
4.74%
|
4.81%
|
Capitalization / Revenue
|
0.28
x
|
0.11
x
|
0.24
x
|
0.23
x
|
0.19
x
|
0.31
x
|
0.28
x
|
0.28
x
|
EV / Revenue
|
0.65
x
|
0.57
x
|
0.75
x
|
0.63
x
|
0.52
x
|
0.31
x
|
0.58
x
|
0.55
x
|
EV / EBITDA
|
5.89
x
|
7.87
x
|
10.7
x
|
4.87
x
|
5.5
x
|
2.88
x
|
5.43
x
|
4.96
x
|
EV / FCF
|
-56
x
|
-16.3
x
|
-25.6
x
|
256
x
|
22.4
x
|
10.5
x
|
29
x
|
19.8
x
|
FCF Yield
|
-1.79%
|
-6.13%
|
-3.91%
|
0.39%
|
4.47%
|
9.52%
|
3.45%
|
5.05%
|
Price to Book
|
0.56
x
|
0.25
x
|
0.47
x
|
0.5
x
|
0.46
x
|
0.66
x
|
0.56
x
|
0.53
x
|
Nbr of stocks (in thousands)
|
575,863
|
575,852
|
575,814
|
575,784
|
580,954
|
635,966
|
-
|
-
|
Reference price
2 |
1,878
|
703.0
|
1,363
|
1,723
|
1,679
|
2,286
|
2,286
|
2,286
|
Announcement Date
|
5/14/19
|
5/12/20
|
5/7/21
|
5/6/22
|
5/8/23
|
5/7/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,873,662
|
3,729,717
|
3,227,285
|
4,365,145
|
5,268,794
|
5,174,632
|
5,343,201
|
5,352,152
|
EBITDA
1 |
428,313
|
270,199
|
226,815
|
562,322
|
494,686
|
561,104
|
575,409
|
595,513
|
EBIT
1 |
221,818
|
-200,927
|
-9,538
|
310,039
|
225,086
|
287,003
|
312,994
|
324,568
|
Operating Margin
|
5.73%
|
-5.39%
|
-0.3%
|
7.1%
|
4.27%
|
5.55%
|
5.86%
|
6.06%
|
Earnings before Tax (EBT)
1 |
209,313
|
-213,473
|
-4,930
|
388,535
|
210,282
|
268,386
|
320,149
|
316,682
|
Net income
1 |
163,509
|
-197,744
|
-21,868
|
288,058
|
162,621
|
197,421
|
229,360
|
231,865
|
Net margin
|
4.22%
|
-5.3%
|
-0.68%
|
6.6%
|
3.09%
|
3.82%
|
4.29%
|
4.33%
|
EPS
2 |
283.8
|
-343.4
|
-37.98
|
500.3
|
280.5
|
323.3
|
358.0
|
365.3
|
Free Cash Flow
1 |
-45,100
|
-130,286
|
-95,121
|
10,704
|
121,489
|
153,708
|
107,762
|
149,273
|
FCF margin
|
-1.16%
|
-3.49%
|
-2.95%
|
0.25%
|
2.31%
|
2.97%
|
2.02%
|
2.79%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
1.9%
|
24.56%
|
27.39%
|
18.73%
|
25.07%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
3.72%
|
74.71%
|
77.86%
|
46.98%
|
64.38%
|
Dividend per Share
2 |
50.00
|
20.00
|
10.00
|
140.0
|
80.00
|
100.0
|
108.3
|
110.0
|
Announcement Date
|
5/14/19
|
5/12/20
|
5/7/21
|
5/6/22
|
5/8/23
|
5/7/24
|
-
|
-
|
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
|
2026 S1
|
2026 S2
|
---|
Net sales
1 |
1,871,292
|
1,858,425
|
1,492,294
|
1,734,991
|
1,054,036
|
1,942,977
|
1,154,417
|
1,267,751
|
2,422,168
|
1,253,600
|
1,310,735
|
2,564,335
|
1,344,200
|
1,360,259
|
2,704,459
|
1,262,086
|
1,314,501
|
2,576,588
|
1,289,159
|
1,308,885
|
2,598,044
|
1,301,183
|
1,346,607
|
2,616,000
|
1,339,407
|
1,333,537
|
2,557,000
|
2,386,500
|
2,401,500
|
EBITDA
1 |
-
|
-
|
-
|
-
|
170,835
|
-
|
187,698
|
53,886
|
-
|
182,120
|
135,351
|
-
|
109,196
|
68,019
|
-
|
154,649
|
153,162
|
-
|
140,775
|
112,518
|
-
|
102,042
|
217,147
|
-
|
135,749
|
75,994
|
-
|
-
|
-
|
EBIT
1 |
49,063
|
-249,990
|
-114,338
|
104,800
|
110,506
|
198,869
|
123,970
|
-12,800
|
111,170
|
116,659
|
71,256
|
187,915
|
43,100
|
-14,038
|
-
|
55,820
|
79,522
|
164,346
|
76,268
|
46,388
|
-
|
56,836
|
115,889
|
-
|
102,690
|
36,312
|
-
|
-
|
-
|
Operating Margin
|
2.62%
|
-13.45%
|
-7.66%
|
6.04%
|
10.48%
|
10.24%
|
10.74%
|
-1.01%
|
4.59%
|
9.31%
|
5.44%
|
7.33%
|
3.21%
|
-1.03%
|
-
|
4.42%
|
6.05%
|
6.38%
|
5.92%
|
3.54%
|
-
|
4.37%
|
8.61%
|
-
|
7.67%
|
2.72%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
42,782
|
-256,255
|
-120,788
|
115,858
|
107,779
|
193,221
|
110,624
|
84,690
|
-
|
113,404
|
67,841
|
181,246
|
32,500
|
-3,464
|
-
|
79,883
|
75,479
|
155,363
|
70,987
|
42,035
|
-
|
66,000
|
68,000
|
-
|
125,000
|
51,000
|
-
|
-
|
-
|
Net income
1 |
31,934
|
-
|
-105,712
|
83,844
|
78,776
|
140,755
|
82,292
|
65,011
|
-
|
83,844
|
39,411
|
123,256
|
20,600
|
18,681
|
-
|
59,602
|
50,488
|
110,091
|
52,831
|
34,499
|
-
|
61,805
|
87,306
|
-
|
77,698
|
23,687
|
-
|
-
|
-
|
Net margin
|
1.71%
|
-
|
-7.08%
|
4.83%
|
7.47%
|
7.24%
|
7.13%
|
5.13%
|
-
|
6.69%
|
3.01%
|
4.81%
|
1.53%
|
1.37%
|
-
|
4.72%
|
3.84%
|
4.27%
|
4.1%
|
2.64%
|
-
|
4.75%
|
6.48%
|
-
|
5.8%
|
1.78%
|
-
|
-
|
-
|
EPS
2 |
55.46
|
-398.8
|
-183.6
|
145.6
|
136.8
|
244.4
|
142.9
|
-
|
-
|
145.6
|
67.99
|
213.2
|
35.60
|
31.69
|
-
|
102.6
|
84.89
|
187.0
|
83.07
|
53.13
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
20.00
|
-
|
-
|
-
|
60.00
|
60.00
|
-
|
-
|
-
|
-
|
50.00
|
50.00
|
-
|
30.00
|
-
|
-
|
50.00
|
50.00
|
-
|
50.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/12/19
|
5/12/20
|
11/9/20
|
5/7/21
|
11/5/21
|
11/5/21
|
2/8/22
|
5/6/22
|
5/6/22
|
8/3/22
|
11/4/22
|
11/4/22
|
2/6/23
|
5/8/23
|
5/8/23
|
8/3/23
|
11/6/23
|
11/6/23
|
2/6/24
|
5/7/24
|
5/7/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,441,588
|
1,721,297
|
1,650,364
|
1,747,627
|
1,743,574
|
1,651,489
|
1,638,130
|
1,468,702
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.366
x
|
6.37
x
|
7.276
x
|
3.108
x
|
3.525
x
|
2.975
x
|
2.847
x
|
2.466
x
|
Free Cash Flow
1 |
-45,100
|
-130,286
|
-95,121
|
10,704
|
121,489
|
153,708
|
107,762
|
149,273
|
ROE (net income / shareholders' equity)
|
8.63%
|
-11.1%
|
-1.3%
|
15.7%
|
7.9%
|
8.6%
|
9.34%
|
8.79%
|
ROA (Net income/ Total Assets)
|
4.57%
|
-4.56%
|
-0.11%
|
7.82%
|
3.89%
|
4.76%
|
4.4%
|
4.3%
|
Assets
1 |
3,596,839
|
4,333,004
|
20,628,243
|
3,685,803
|
4,180,693
|
4,148,337
|
5,212,717
|
5,392,220
|
Book Value Per Share
2 |
3,345
|
2,826
|
2,916
|
3,453
|
3,650
|
3,875
|
4,051
|
4,320
|
Cash Flow per Share
2 |
624.0
|
58.80
|
372.0
|
938.0
|
746.0
|
772.0
|
664.0
|
772.0
|
Capex
1 |
312,578
|
391,356
|
342,395
|
340,935
|
325,632
|
346,111
|
354,943
|
337,527
|
Capex / Sales
|
7.89%
|
10.49%
|
10.61%
|
7.81%
|
6.18%
|
6.69%
|
6.64%
|
6.31%
|
Announcement Date
|
5/14/19
|
5/12/20
|
5/7/21
|
5/6/22
|
5/8/23
|
5/7/24
|
-
|
-
|
Last Close Price
2,286
JPY Average target price
2,756
JPY Spread / Average Target +20.54% Consensus |
1st Jan change
|
Capi.
|
---|
| +6.74% | 9.28B | | -7.49% | 38.6B | | +29.18% | 26.75B | | -22.62% | 21.28B | | -8.82% | 20.72B | | +5.42% | 19.82B | | +6.28% | 19.72B | | -21.34% | 8.6B | | -.--% | 7.73B | | +21.80% | 7.56B |
Other Steel
|