Market Closed -
Japan Exchange
07:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
3,060
JPY
|
+0.92%
|
|
+3.45%
|
0.00%
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,358,278
|
882,800
|
1,209,650
|
1,206,887
|
1,352,678
|
1,438,411
|
-
|
-
|
Enterprise Value (EV)
1 |
1,853,266
|
1,487,015
|
1,899,383
|
2,006,006
|
1,776,873
|
1,509,062
|
1,765,598
|
1,687,202
|
P/E ratio
|
12.3
x
|
31.9
x
|
-2.38
x
|
-8.4
x
|
15.1
x
|
9.58
x
|
11.3
x
|
10
x
|
Yield
|
1.85%
|
-
|
-
|
-
|
-
|
1.56%
|
1.87%
|
2.28%
|
Capitalization / Revenue
|
0.66
x
|
0.45
x
|
1.66
x
|
1.18
x
|
0.79
x
|
0.73
x
|
0.66
x
|
0.62
x
|
EV / Revenue
|
0.9
x
|
0.75
x
|
2.61
x
|
1.97
x
|
1.04
x
|
0.73
x
|
0.81
x
|
0.73
x
|
EV / EBITDA
|
5.64
x
|
6.29
x
|
-6.59
x
|
-128
x
|
6.62
x
|
4.28
x
|
5.25
x
|
4.43
x
|
EV / FCF
|
-23.2
x
|
-14.9
x
|
-4.45
x
|
13.1
x
|
7.23
x
|
18.2
x
|
32.2
x
|
12.7
x
|
FCF Yield
|
-4.3%
|
-6.73%
|
-22.5%
|
7.66%
|
13.8%
|
5.49%
|
3.1%
|
7.9%
|
Price to Book
|
1.24
x
|
0.83
x
|
1.2
x
|
1.51
x
|
1.57
x
|
1.44
x
|
1.26
x
|
1.18
x
|
Nbr of stocks (in thousands)
|
334,634
|
334,521
|
470,315
|
470,338
|
470,333
|
470,069
|
-
|
-
|
Reference price
2 |
4,059
|
2,639
|
2,572
|
2,566
|
2,876
|
3,060
|
3,060
|
3,060
|
Announcement Date
|
26/04/19
|
28/04/20
|
30/04/21
|
28/04/22
|
27/04/23
|
26/04/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,058,312
|
1,974,200
|
728,683
|
1,020,324
|
1,707,484
|
2,055,928
|
2,192,499
|
2,306,697
|
EBITDA
1 |
328,591
|
236,500
|
-288,422
|
-15,622
|
268,300
|
352,342
|
336,535
|
380,701
|
EBIT
1 |
165,019
|
60,800
|
-464,774
|
-173,127
|
120,030
|
207,911
|
192,685
|
217,319
|
Operating Margin
|
8.02%
|
3.08%
|
-63.78%
|
-16.97%
|
7.03%
|
10.11%
|
8.79%
|
9.42%
|
Earnings before Tax (EBT)
1 |
154,023
|
51,501
|
-545,372
|
-175,374
|
114,342
|
204,838
|
183,827
|
202,754
|
Net income
1 |
110,777
|
27,600
|
-404,624
|
-143,628
|
89,477
|
157,097
|
128,296
|
144,870
|
Net margin
|
5.38%
|
1.4%
|
-55.53%
|
-14.08%
|
5.24%
|
7.64%
|
5.85%
|
6.28%
|
EPS
2 |
331.0
|
82.66
|
-1,082
|
-305.4
|
190.2
|
335.1
|
270.9
|
305.8
|
Free Cash Flow
1 |
-79,716
|
-100,049
|
-427,151
|
153,606
|
245,796
|
96,213
|
54,800
|
133,268
|
FCF margin
|
-3.87%
|
-5.07%
|
-58.62%
|
15.05%
|
14.4%
|
4.69%
|
2.5%
|
5.78%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
91.61%
|
26.63%
|
16.28%
|
35.01%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
274.7%
|
68.62%
|
42.71%
|
91.99%
|
Dividend per Share
2 |
75.00
|
-
|
-
|
-
|
-
|
50.00
|
57.12
|
69.63
|
Announcement Date
|
26/04/19
|
28/04/20
|
30/04/21
|
28/04/22
|
27/04/23
|
26/04/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
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 Q3
|
2025 Q4
|
---|
Net sales
1 |
1,055,981
|
918,219
|
291,834
|
436,849
|
232,214
|
431,125
|
306,921
|
282,278
|
350,419
|
440,297
|
790,716
|
467,939
|
448,829
|
916,768
|
461,026
|
541,703
|
1,002,729
|
540,852
|
512,347
|
1,053,199
|
504,257
|
572,141
|
561,338
|
542,237
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
78,880
|
-18,080
|
-280,950
|
-183,824
|
-51,395
|
-116,007
|
190
|
-57,310
|
-1,321
|
32,768
|
31,447
|
67,535
|
21,048
|
88,583
|
43,784
|
85,953
|
129,737
|
80,377
|
-2,203
|
78,174
|
48,103
|
73,290
|
64,693
|
5,503
|
Operating Margin
|
7.47%
|
-1.97%
|
-96.27%
|
-42.08%
|
-22.13%
|
-26.91%
|
0.06%
|
-20.3%
|
-0.38%
|
7.44%
|
3.98%
|
14.43%
|
4.69%
|
9.66%
|
9.5%
|
15.87%
|
12.94%
|
14.86%
|
-0.43%
|
7.42%
|
9.54%
|
12.81%
|
11.52%
|
1.01%
|
Earnings before Tax (EBT)
1 |
84,166
|
-
|
-267,912
|
-
|
-57,540
|
-121,323
|
-3,315
|
-
|
4,357
|
-
|
30,215
|
62,109
|
-
|
-
|
43,274
|
83,605
|
126,879
|
79,797
|
-1,838
|
77,959
|
-
|
-
|
-
|
-
|
Net income
1 |
56,787
|
-
|
-188,477
|
-
|
-47,644
|
-98,803
|
-4,001
|
-40,824
|
1,002
|
18,540
|
19,542
|
43,059
|
26,876
|
-
|
30,686
|
62,520
|
93,206
|
55,743
|
8,148
|
63,891
|
32,429
|
43,662
|
41,609
|
-7,573
|
Net margin
|
5.38%
|
-
|
-64.58%
|
-
|
-20.52%
|
-22.92%
|
-1.3%
|
-14.46%
|
0.29%
|
4.21%
|
2.47%
|
9.2%
|
5.99%
|
-
|
6.66%
|
11.54%
|
9.3%
|
10.31%
|
1.59%
|
6.07%
|
6.43%
|
7.63%
|
7.41%
|
-1.4%
|
EPS
2 |
169.7
|
-
|
-563.4
|
-
|
-101.3
|
-210.1
|
-8.500
|
-86.80
|
2.130
|
39.42
|
41.55
|
91.55
|
57.14
|
-
|
65.51
|
133.7
|
199.2
|
118.8
|
17.10
|
-
|
69.17
|
93.13
|
88.75
|
-16.15
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
30.00
|
-
|
-
|
-
|
-
|
46.98
|
Announcement Date
|
29/10/19
|
28/04/20
|
27/10/20
|
30/04/21
|
29/10/21
|
29/10/21
|
01/02/22
|
28/04/22
|
01/08/22
|
31/10/22
|
31/10/22
|
02/02/23
|
27/04/23
|
27/04/23
|
28/07/23
|
31/10/23
|
31/10/23
|
31/01/24
|
26/04/24
|
26/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
494,988
|
604,215
|
689,733
|
799,119
|
424,195
|
314,619
|
327,187
|
248,791
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.506
x
|
2.555
x
|
-2.391
x
|
-51.15
x
|
1.581
x
|
0.8709
x
|
0.9722
x
|
0.6535
x
|
Free Cash Flow
1 |
-79,716
|
-100,049
|
-427,151
|
153,606
|
245,796
|
96,213
|
54,800
|
133,268
|
ROE (net income / shareholders' equity)
|
10.6%
|
2.6%
|
-39.1%
|
-15.9%
|
-
|
16.5%
|
12%
|
11.8%
|
ROA (Net income/ Total Assets)
|
5.97%
|
2.26%
|
-15.7%
|
-5.76%
|
3.4%
|
5.99%
|
5.4%
|
4.44%
|
Assets
1 |
1,855,788
|
1,219,927
|
2,585,422
|
2,495,470
|
2,634,916
|
2,623,728
|
2,375,847
|
3,264,174
|
Book Value Per Share
2 |
3,285
|
3,172
|
2,141
|
1,695
|
1,834
|
2,222
|
2,420
|
2,599
|
Cash Flow per Share
2 |
808.0
|
608.0
|
-610.0
|
29.50
|
505.0
|
639.0
|
622.0
|
667.0
|
Capex
1 |
375,864
|
351,361
|
156,710
|
133,364
|
116,892
|
225,000
|
250,000
|
269,600
|
Capex / Sales
|
18.26%
|
17.8%
|
21.51%
|
13.07%
|
6.85%
|
10.96%
|
11.4%
|
11.69%
|
Announcement Date
|
26/04/19
|
28/04/20
|
30/04/21
|
28/04/22
|
27/04/23
|
26/04/24
|
-
|
-
|
Last Close Price
3,060
JPY Average target price
3,659
JPY Spread / Average Target +19.58% Consensus |
1st Jan change
|
Capi.
|
---|
| 0.00% | 9.14B | | +24.09% | 32.21B | | +6.68% | 24.77B | | -0.30% | 19.86B | | +32.63% | 18.21B | | +28.07% | 17.37B | | -16.19% | 14.84B | | +38.67% | 13.47B | | -14.20% | 12.32B | | +13.74% | 10.8B |
Other Airlines
|