Market Closed -
Japan Exchange
02:00:00 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
2,680
JPY
|
+3.32%
|
|
+0.49%
|
+2.30%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,396,101
|
1,638,302
|
2,492,241
|
1,866,735
|
1,808,504
|
1,670,666
|
-
|
-
|
Enterprise Value (EV)
1 |
1,345,039
|
1,604,346
|
2,447,735
|
1,813,764
|
1,761,635
|
1,659,187
|
1,618,053
|
1,585,521
|
P/E ratio
|
33.9
x
|
47
x
|
75.2
x
|
42.3
x
|
39.5
x
|
33.6
x
|
29.4
x
|
25.1
x
|
Yield
|
1.05%
|
0.92%
|
0.6%
|
0.85%
|
0.95%
|
1.05%
|
1.11%
|
1.17%
|
Capitalization / Revenue
|
4.76
x
|
5.43
x
|
8.17
x
|
5.13
x
|
4.41
x
|
3.6
x
|
3.32
x
|
3.09
x
|
EV / Revenue
|
4.58
x
|
5.31
x
|
8.02
x
|
4.99
x
|
4.29
x
|
3.6
x
|
3.22
x
|
2.94
x
|
EV / EBITDA
|
17.4
x
|
20.2
x
|
31.6
x
|
19.1
x
|
16.7
x
|
13.9
x
|
12.8
x
|
11.2
x
|
EV / FCF
|
51.7
x
|
58.8
x
|
88.4
x
|
76.6
x
|
103
x
|
49.2
x
|
48.7
x
|
29.7
x
|
FCF Yield
|
1.93%
|
1.7%
|
1.13%
|
1.31%
|
0.97%
|
2.03%
|
2.05%
|
3.37%
|
Price to Book
|
5.28
x
|
5.9
x
|
8.09
x
|
5.36
x
|
4.67
x
|
3.84
x
|
3.6
x
|
3.27
x
|
Nbr of stocks (in thousands)
|
626,054
|
626,422
|
626,979
|
627,615
|
627,735
|
623,499
|
-
|
-
|
Reference price
2 |
2,230
|
2,615
|
3,975
|
2,974
|
2,881
|
2,680
|
2,680
|
2,680
|
Announcement Date
|
5/8/19
|
5/12/20
|
5/12/21
|
5/12/22
|
5/11/23
|
5/9/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
293,506
|
301,980
|
305,073
|
363,780
|
410,502
|
461,510
|
502,920
|
540,001
|
EBITDA
1 |
77,124
|
79,239
|
77,367
|
94,847
|
105,486
|
116,294
|
126,860
|
141,065
|
EBIT
1 |
61,282
|
55,284
|
51,792
|
67,416
|
73,679
|
78,382
|
88,960
|
101,452
|
Operating Margin
|
20.88%
|
18.31%
|
16.98%
|
18.53%
|
17.95%
|
16.98%
|
17.69%
|
18.79%
|
Earnings before Tax (EBT)
1 |
57,955
|
49,433
|
48,033
|
64,346
|
68,713
|
74,600
|
85,213
|
99,780
|
Net income
1 |
41,224
|
34,883
|
33,142
|
44,093
|
45,784
|
49,639
|
56,844
|
66,830
|
Net margin
|
14.05%
|
11.55%
|
10.86%
|
12.12%
|
11.15%
|
10.76%
|
11.3%
|
12.38%
|
EPS
2 |
65.87
|
55.70
|
52.88
|
70.29
|
72.94
|
79.27
|
91.00
|
107.0
|
Free Cash Flow
1 |
26,017
|
27,276
|
27,682
|
23,687
|
17,084
|
32,823
|
33,217
|
53,380
|
FCF margin
|
8.86%
|
9.03%
|
9.07%
|
6.51%
|
4.16%
|
7.24%
|
6.6%
|
9.89%
|
FCF Conversion (EBITDA)
|
33.73%
|
34.42%
|
35.78%
|
24.97%
|
16.2%
|
28.22%
|
26.18%
|
37.84%
|
FCF Conversion (Net income)
|
63.11%
|
78.19%
|
83.53%
|
53.72%
|
37.31%
|
62.92%
|
58.44%
|
79.88%
|
Dividend per Share
2 |
23.33
|
24.00
|
24.00
|
25.33
|
27.33
|
28.00
|
29.63
|
31.38
|
Announcement Date
|
5/8/19
|
5/12/20
|
5/12/21
|
5/12/22
|
5/11/23
|
5/9/24
|
-
|
-
|
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 |
142,990
|
-
|
132,082
|
-
|
89,390
|
168,753
|
90,148
|
104,879
|
-
|
86,029
|
107,993
|
194,022
|
104,721
|
111,759
|
-
|
95,351
|
117,347
|
212,698
|
113,827
|
134,985
|
-
|
109,724
|
127,739
|
-
|
126,798
|
141,907
|
-
|
-
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
29,478
|
34,548
|
-
|
27,413
|
33,365
|
-
|
32,991
|
33,031
|
-
|
-
|
-
|
EBIT
1 |
27,803
|
-
|
20,004
|
-
|
18,659
|
33,711
|
16,159
|
17,546
|
-
|
11,053
|
22,097
|
33,150
|
21,222
|
19,307
|
40,529
|
13,277
|
20,547
|
33,824
|
20,388
|
24,170
|
-
|
16,063
|
22,833
|
-
|
22,578
|
26,206
|
-
|
-
|
-
|
Operating Margin
|
19.44%
|
-
|
15.15%
|
-
|
20.87%
|
19.98%
|
17.92%
|
16.73%
|
-
|
12.85%
|
20.46%
|
17.09%
|
20.27%
|
17.28%
|
-
|
13.92%
|
17.51%
|
15.9%
|
17.91%
|
17.91%
|
-
|
14.64%
|
17.87%
|
-
|
17.81%
|
18.47%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
25,075
|
-
|
18,090
|
-
|
17,535
|
32,088
|
15,977
|
16,281
|
-
|
12,847
|
21,699
|
34,546
|
16,512
|
17,655
|
34,167
|
13,160
|
20,140
|
33,300
|
17,802
|
23,498
|
-
|
14,922
|
21,772
|
-
|
21,748
|
24,628
|
-
|
-
|
-
|
Net income
1 |
17,593
|
-
|
12,653
|
-
|
12,250
|
22,243
|
10,658
|
11,192
|
-
|
8,030
|
15,959
|
23,989
|
11,196
|
10,599
|
21,795
|
8,621
|
13,565
|
22,186
|
12,278
|
15,175
|
-
|
9,823
|
14,313
|
-
|
14,305
|
17,002
|
-
|
-
|
-
|
Net margin
|
12.3%
|
-
|
9.58%
|
-
|
13.7%
|
13.18%
|
11.82%
|
10.67%
|
-
|
9.33%
|
14.78%
|
12.36%
|
10.69%
|
9.48%
|
-
|
9.04%
|
11.56%
|
10.43%
|
10.79%
|
11.24%
|
-
|
8.95%
|
11.21%
|
-
|
11.28%
|
11.98%
|
-
|
-
|
-
|
EPS
2 |
28.10
|
-
|
20.20
|
-
|
19.54
|
35.47
|
16.99
|
17.83
|
-
|
12.79
|
25.43
|
38.22
|
17.84
|
16.89
|
-
|
13.73
|
21.60
|
35.34
|
19.63
|
24.30
|
-
|
16.04
|
22.78
|
-
|
22.45
|
27.75
|
-
|
-
|
-
|
Dividend per Share
2 |
12.00
|
12.00
|
12.00
|
12.00
|
12.33
|
12.33
|
-
|
13.00
|
13.00
|
-
|
-
|
13.33
|
-
|
-
|
-
|
-
|
14.00
|
14.00
|
-
|
14.00
|
14.00
|
-
|
15.50
|
14.00
|
-
|
15.50
|
16.00
|
16.00
|
18.00
|
Announcement Date
|
11/6/19
|
5/12/20
|
11/5/20
|
5/12/21
|
11/10/21
|
11/10/21
|
2/10/22
|
5/12/22
|
5/12/22
|
8/4/22
|
11/9/22
|
11/9/22
|
2/9/23
|
5/11/23
|
5/11/23
|
8/8/23
|
11/8/23
|
11/8/23
|
2/9/24
|
5/9/24
|
5/9/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
51,062
|
33,956
|
44,506
|
52,971
|
46,869
|
55,860
|
52,613
|
85,144
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
26,017
|
27,276
|
27,682
|
23,687
|
17,084
|
32,823
|
33,217
|
53,380
|
ROE (net income / shareholders' equity)
|
16.3%
|
12.9%
|
11.3%
|
13.5%
|
12.4%
|
12.1%
|
12.7%
|
13.8%
|
ROA (Net income/ Total Assets)
|
17.3%
|
13.4%
|
11.8%
|
14.1%
|
13.5%
|
13%
|
11.2%
|
12.2%
|
Assets
1 |
237,846
|
259,707
|
281,778
|
312,193
|
338,078
|
382,604
|
509,288
|
545,800
|
Book Value Per Share
2 |
422.0
|
443.0
|
491.0
|
555.0
|
618.0
|
693.0
|
744.0
|
820.0
|
Cash Flow per Share
2 |
91.20
|
94.00
|
93.70
|
114.0
|
124.0
|
137.0
|
132.0
|
158.0
|
Capex
1 |
18,726
|
13,629
|
9,930
|
32,034
|
42,035
|
41,570
|
51,500
|
40,427
|
Capex / Sales
|
6.38%
|
4.51%
|
3.25%
|
8.81%
|
10.24%
|
9.17%
|
10.24%
|
7.49%
|
Announcement Date
|
5/8/19
|
5/12/20
|
5/12/21
|
5/12/22
|
5/11/23
|
5/9/24
|
-
|
-
|
Last Close Price
2,680
JPY Average target price
3,057
JPY Spread / Average Target +14.09% Consensus |