Market Closed -
Japan Exchange
02:00:00 2024-07-05 am EDT
|
5-day change
|
1st Jan Change
|
3,400
JPY
|
+7.46%
|
|
+6.28%
|
+36.85%
|
Fiscal Period: November |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
348,022
|
310,972
|
301,337
|
340,143
|
358,628
|
472,608
|
-
|
-
|
Enterprise Value (EV)
1 |
355,814
|
324,235
|
274,721
|
304,783
|
321,809
|
426,900
|
426,824
|
417,112
|
P/E ratio
|
18.6
x
|
27.3
x
|
18
x
|
21.2
x
|
27.2
x
|
24.3
x
|
21.5
x
|
20.2
x
|
Yield
|
1.85%
|
1.84%
|
2.04%
|
1.92%
|
1.94%
|
1.48%
|
1.7%
|
1.79%
|
Capitalization / Revenue
|
0.64
x
|
0.59
x
|
0.74
x
|
0.79
x
|
0.79
x
|
0.98
x
|
0.96
x
|
0.93
x
|
EV / Revenue
|
0.65
x
|
0.61
x
|
0.67
x
|
0.71
x
|
0.71
x
|
0.89
x
|
0.86
x
|
0.82
x
|
EV / EBITDA
|
6.98
x
|
6.67
x
|
6.31
x
|
7.31
x
|
8.74
x
|
8.5
x
|
8.15
x
|
7.63
x
|
EV / FCF
|
25.1
x
|
36.6
x
|
10.4
x
|
27.7
x
|
54.7
x
|
23
x
|
22
x
|
18.1
x
|
FCF Yield
|
3.99%
|
2.73%
|
9.62%
|
3.61%
|
1.83%
|
4.36%
|
4.55%
|
5.51%
|
Price to Book
|
1.48
x
|
1.3
x
|
1.31
x
|
1.27
x
|
1.27
x
|
1.6
x
|
1.55
x
|
1.48
x
|
Nbr of stocks (in thousands)
|
143,042
|
143,041
|
130,505
|
139,004
|
139,003
|
139,002
|
-
|
-
|
Reference price
2 |
2,433
|
2,174
|
2,309
|
2,447
|
2,580
|
3,400
|
3,400
|
3,400
|
Announcement Date
|
1/9/20
|
1/7/21
|
1/11/22
|
1/10/23
|
1/10/24
|
-
|
-
|
-
|
Fiscal Period: November |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
545,723
|
531,103
|
407,039
|
430,304
|
455,086
|
481,220
|
494,633
|
509,417
|
EBITDA
1 |
50,941
|
48,594
|
43,506
|
41,682
|
36,811
|
50,200
|
52,400
|
54,650
|
EBIT
1 |
32,048
|
28,303
|
27,972
|
25,433
|
19,694
|
33,020
|
34,733
|
36,717
|
Operating Margin
|
5.87%
|
5.33%
|
6.87%
|
5.91%
|
4.33%
|
6.86%
|
7.02%
|
7.21%
|
Earnings before Tax (EBT)
1 |
32,487
|
22,825
|
28,860
|
26,630
|
22,075
|
32,967
|
35,800
|
37,925
|
Net income
1 |
18,698
|
11,378
|
18,014
|
16,033
|
13,174
|
19,450
|
21,783
|
23,017
|
Net margin
|
3.43%
|
2.14%
|
4.43%
|
3.73%
|
2.89%
|
4.04%
|
4.4%
|
4.52%
|
EPS
2 |
130.7
|
79.55
|
128.2
|
115.3
|
94.78
|
139.9
|
157.8
|
168.0
|
Free Cash Flow
1 |
14,196
|
8,853
|
26,433
|
11,000
|
5,879
|
18,600
|
19,432
|
22,996
|
FCF margin
|
2.6%
|
1.67%
|
6.49%
|
2.56%
|
1.29%
|
3.87%
|
3.93%
|
4.51%
|
FCF Conversion (EBITDA)
|
27.87%
|
18.22%
|
60.76%
|
26.39%
|
15.97%
|
37.05%
|
37.08%
|
42.08%
|
FCF Conversion (Net income)
|
75.92%
|
77.81%
|
146.74%
|
68.61%
|
44.63%
|
95.63%
|
89.21%
|
99.91%
|
Dividend per Share
2 |
45.00
|
40.00
|
47.00
|
47.00
|
50.00
|
50.40
|
57.67
|
61.00
|
Announcement Date
|
1/9/20
|
1/7/21
|
1/11/22
|
1/10/23
|
1/10/24
|
-
|
-
|
-
|
Fiscal Period: November |
2019 S2
|
2020 S1
|
2021 S1
|
2021 Q4
|
2021 S2
|
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
|
2024 S2
|
---|
Net sales
1 |
276,737
|
263,057
|
198,879
|
103,188
|
208,160
|
100,536
|
106,987
|
207,523
|
110,691
|
112,090
|
222,781
|
107,674
|
112,708
|
220,382
|
115,515
|
119,189
|
234,704
|
114,632
|
122,202
|
236,834
|
122,275
|
125,200
|
244,000
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
15,960
|
11,194
|
14,499
|
6,058
|
13,473
|
6,732
|
7,509
|
14,241
|
7,166
|
4,026
|
11,192
|
1,656
|
5,190
|
6,846
|
6,495
|
6,353
|
12,848
|
8,149
|
10,733
|
18,882
|
8,700
|
7,100
|
15,900
|
Operating Margin
|
5.77%
|
4.26%
|
7.29%
|
5.87%
|
6.47%
|
6.7%
|
7.02%
|
6.86%
|
6.47%
|
3.59%
|
5.02%
|
1.54%
|
4.6%
|
3.11%
|
5.62%
|
5.33%
|
5.47%
|
7.11%
|
8.78%
|
7.97%
|
7.12%
|
5.67%
|
6.52%
|
Earnings before Tax (EBT)
|
-
|
10,421
|
15,533
|
-
|
-
|
7,124
|
-
|
14,628
|
9,042
|
-
|
-
|
1,851
|
5,801
|
7,652
|
9,300
|
-
|
-
|
8,951
|
-
|
19,458
|
-
|
-
|
-
|
Net income
1 |
9,142
|
5,643
|
9,617
|
3,492
|
-
|
4,455
|
4,434
|
8,889
|
5,652
|
1,492
|
-
|
1,267
|
3,530
|
4,797
|
6,284
|
2,093
|
-
|
6,038
|
6,475
|
12,513
|
5,400
|
2,400
|
-
|
Net margin
|
3.3%
|
2.15%
|
4.84%
|
3.38%
|
-
|
4.43%
|
4.14%
|
4.28%
|
5.11%
|
1.33%
|
-
|
1.18%
|
3.13%
|
2.18%
|
5.44%
|
1.76%
|
-
|
5.27%
|
5.3%
|
5.28%
|
4.42%
|
1.92%
|
-
|
EPS
2 |
-
|
39.45
|
67.83
|
25.19
|
-
|
32.05
|
31.90
|
63.95
|
40.66
|
10.73
|
-
|
9.120
|
25.39
|
34.51
|
45.21
|
15.06
|
-
|
43.44
|
46.58
|
90.02
|
45.21
|
58.41
|
-
|
Dividend per Share
|
25.00
|
20.00
|
20.00
|
27.00
|
-
|
-
|
-
|
20.00
|
-
|
-
|
-
|
-
|
-
|
23.00
|
-
|
-
|
-
|
-
|
-
|
23.00
|
-
|
-
|
-
|
Announcement Date
|
1/9/20
|
7/2/20
|
7/6/21
|
1/11/22
|
1/11/22
|
4/8/22
|
7/7/22
|
7/7/22
|
10/7/22
|
1/10/23
|
1/10/23
|
4/6/23
|
7/5/23
|
7/5/23
|
10/5/23
|
1/10/24
|
1/10/24
|
4/5/24
|
7/4/24
|
7/4/24
|
-
|
-
|
-
|
Fiscal Period: November |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
7,792
|
13,263
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
26,616
|
35,360
|
36,819
|
45,708
|
45,784
|
55,496
|
Leverage (Debt/EBITDA)
|
0.153
x
|
0.2729
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
14,196
|
8,853
|
26,433
|
11,000
|
5,879
|
18,600
|
19,432
|
22,996
|
ROE (net income / shareholders' equity)
|
8.1%
|
4.8%
|
7.4%
|
6.2%
|
4.8%
|
6.8%
|
7.29%
|
7.48%
|
ROA (Net income/ Total Assets)
|
7.69%
|
6.47%
|
7.1%
|
6.95%
|
4.94%
|
6.2%
|
7.35%
|
7.6%
|
Assets
1 |
243,223
|
175,843
|
253,718
|
230,762
|
266,627
|
313,710
|
296,372
|
302,851
|
Book Value Per Share
2 |
1,647
|
1,675
|
1,767
|
1,926
|
2,028
|
2,121
|
2,197
|
2,300
|
Cash Flow per Share
2 |
261.0
|
220.0
|
237.0
|
231.0
|
217.0
|
271.0
|
286.0
|
295.0
|
Capex
1 |
30,678
|
26,102
|
12,100
|
17,227
|
17,846
|
20,800
|
19,667
|
18,333
|
Capex / Sales
|
5.62%
|
4.91%
|
2.97%
|
4%
|
3.92%
|
4.32%
|
3.98%
|
3.6%
|
Announcement Date
|
1/9/20
|
1/7/21
|
1/11/22
|
1/10/23
|
1/10/24
|
-
|
-
|
-
|
Last Close Price
3,400
JPY Average target price
3,360
JPY Spread / Average Target -1.18% Consensus |
1st Jan change
|
Capi.
|
---|
| +36.85% | 2.94B | | -11.17% | 25.75B | | +17.69% | 24.33B | | +9.54% | 11.2B | | +13.59% | 5.2B | | +3.66% | 3.89B | | -16.20% | 3.48B | | -7.06% | 3.08B | | -23.77% | 2.25B | | -18.80% | 1.86B |
Food Ingredients
|