Market Closed -
Japan Exchange
07:00:00 10/05/2024 BST
|
5-day change
|
1st Jan Change
|
5,400
JPY
|
+6.72%
|
|
+6.51%
|
+16.25%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
188,383
|
217,019
|
213,516
|
165,299
|
155,425
|
171,984
|
-
|
-
|
Enterprise Value (EV)
1 |
154,369
|
169,130
|
153,143
|
100,437
|
98,663
|
167,526
|
116,784
|
112,134
|
P/E ratio
|
11.3
x
|
25.9
x
|
29.3
x
|
21.4
x
|
24.3
x
|
22.8
x
|
22.2
x
|
19.5
x
|
Yield
|
1.3%
|
1.13%
|
1.15%
|
1.85%
|
2.09%
|
2.09%
|
2.08%
|
2.1%
|
Capitalization / Revenue
|
3.33
x
|
4.15
x
|
4.3
x
|
3.14
x
|
2.79
x
|
2.79
x
|
2.73
x
|
2.56
x
|
EV / Revenue
|
2.73
x
|
3.23
x
|
3.08
x
|
1.91
x
|
1.77
x
|
2.79
x
|
1.85
x
|
1.67
x
|
EV / EBITDA
|
11.1
x
|
12.5
x
|
13.1
x
|
8.03
x
|
9.54
x
|
10.4
x
|
9.34
x
|
7.84
x
|
EV / FCF
|
-3.41
x
|
15.4
x
|
22.7
x
|
6.54
x
|
38.2
x
|
28.3
x
|
27.8
x
|
18.1
x
|
FCF Yield
|
-29.4%
|
6.47%
|
4.4%
|
15.3%
|
2.61%
|
3.54%
|
3.6%
|
5.53%
|
Price to Book
|
2.13
x
|
2.34
x
|
2.17
x
|
1.57
x
|
1.4
x
|
1.41
x
|
1.4
x
|
1.36
x
|
Nbr of stocks (in thousands)
|
31,822
|
31,821
|
31,821
|
31,850
|
31,849
|
31,849
|
-
|
-
|
Reference price
2 |
5,920
|
6,820
|
6,710
|
5,190
|
4,880
|
5,400
|
5,400
|
5,400
|
Announcement Date
|
10/05/19
|
13/05/20
|
13/05/21
|
12/05/22
|
12/05/23
|
10/05/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
56,550
|
52,329
|
49,684
|
52,658
|
55,698
|
59,981
|
63,100
|
67,200
|
EBITDA
1 |
13,847
|
13,479
|
11,647
|
12,515
|
10,346
|
10,967
|
12,500
|
14,300
|
EBIT
1 |
11,949
|
11,789
|
10,046
|
10,682
|
8,455
|
8,662
|
9,950
|
11,900
|
Operating Margin
|
21.13%
|
22.53%
|
20.22%
|
20.29%
|
15.18%
|
14.44%
|
15.77%
|
17.71%
|
Earnings before Tax (EBT)
|
25,752
|
12,130
|
10,567
|
11,153
|
9,308
|
10,815
|
-
|
-
|
Net income
1 |
16,677
|
8,375
|
7,277
|
7,708
|
6,385
|
7,353
|
7,750
|
8,833
|
Net margin
|
29.49%
|
16%
|
14.65%
|
14.64%
|
11.46%
|
12.26%
|
12.28%
|
13.14%
|
EPS
2 |
524.1
|
263.2
|
228.7
|
242.1
|
200.5
|
230.9
|
243.4
|
277.3
|
Free Cash Flow
1 |
-45,331
|
10,948
|
6,739
|
15,361
|
2,580
|
4,050
|
4,200
|
6,200
|
FCF margin
|
-80.16%
|
20.92%
|
13.56%
|
29.17%
|
4.63%
|
6.74%
|
6.66%
|
9.23%
|
FCF Conversion (EBITDA)
|
-
|
81.23%
|
57.86%
|
122.74%
|
24.94%
|
36.93%
|
33.6%
|
43.36%
|
FCF Conversion (Net income)
|
-
|
130.73%
|
92.6%
|
199.29%
|
40.41%
|
60.15%
|
54.19%
|
70.19%
|
Dividend per Share
2 |
77.00
|
77.00
|
77.00
|
96.00
|
102.0
|
110.0
|
112.5
|
113.7
|
Announcement Date
|
10/05/19
|
13/05/20
|
13/05/21
|
12/05/22
|
12/05/23
|
10/05/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2021 S1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
25,453
|
22,666
|
12,438
|
25,068
|
14,056
|
13,534
|
13,099
|
13,314
|
26,413
|
15,637
|
13,648
|
13,502
|
14,371
|
27,873
|
16,825
|
15,283
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
5,471
|
4,287
|
2,394
|
5,046
|
2,875
|
2,761
|
2,229
|
1,828
|
4,057
|
2,382
|
2,016
|
1,956
|
1,757
|
3,713
|
2,635
|
2,314
|
Operating Margin
|
21.49%
|
18.91%
|
19.25%
|
20.13%
|
20.45%
|
20.4%
|
17.02%
|
13.73%
|
15.36%
|
15.23%
|
14.77%
|
14.49%
|
12.23%
|
13.32%
|
15.66%
|
15.14%
|
Earnings before Tax (EBT)
|
5,629
|
4,614
|
-
|
5,149
|
3,045
|
-
|
2,525
|
2,106
|
4,631
|
2,388
|
-
|
2,843
|
-
|
5,023
|
1,688
|
-
|
Net income
1 |
3,821
|
3,183
|
1,754
|
3,425
|
2,097
|
2,186
|
1,594
|
1,397
|
2,991
|
1,654
|
1,740
|
1,870
|
1,445
|
3,315
|
1,125
|
2,913
|
Net margin
|
15.01%
|
14.04%
|
14.1%
|
13.66%
|
14.92%
|
16.15%
|
12.17%
|
10.49%
|
11.32%
|
10.58%
|
12.75%
|
13.85%
|
10.05%
|
11.89%
|
6.69%
|
19.06%
|
EPS
2 |
120.1
|
100.0
|
55.10
|
107.6
|
65.85
|
68.63
|
50.07
|
43.86
|
93.93
|
51.92
|
54.63
|
58.73
|
45.37
|
104.1
|
35.32
|
91.46
|
Dividend per Share
2 |
20.00
|
20.00
|
-
|
20.00
|
-
|
-
|
-
|
-
|
20.00
|
-
|
-
|
-
|
20.00
|
20.00
|
-
|
82.00
|
Announcement Date
|
08/11/19
|
11/11/20
|
09/11/21
|
09/11/21
|
04/02/22
|
12/05/22
|
05/08/22
|
10/11/22
|
10/11/22
|
08/02/23
|
12/05/23
|
04/08/23
|
10/11/23
|
10/11/23
|
09/02/24
|
10/05/24
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
34,014
|
47,889
|
60,374
|
64,862
|
56,762
|
57,450
|
55,200
|
59,850
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-45,331
|
10,948
|
6,739
|
15,361
|
2,580
|
4,050
|
4,200
|
6,200
|
ROE (net income / shareholders' equity)
|
20.6%
|
9.2%
|
7.6%
|
7.6%
|
5.9%
|
6.4%
|
6.4%
|
7.09%
|
ROA (Net income/ Total Assets)
|
12.9%
|
11.3%
|
9.9%
|
9.79%
|
7.53%
|
8.15%
|
7.9%
|
9.4%
|
Assets
1 |
128,918
|
74,265
|
73,505
|
78,727
|
84,798
|
90,217
|
98,101
|
93,972
|
Book Value Per Share
2 |
2,778
|
2,918
|
3,086
|
3,312
|
3,478
|
3,742
|
3,862
|
3,978
|
Cash Flow per Share
|
586.0
|
313.0
|
276.0
|
297.0
|
256.0
|
292.0
|
-
|
-
|
Capex
1 |
3,158
|
1,593
|
1,503
|
2,349
|
3,017
|
2,200
|
1,700
|
4,200
|
Capex / Sales
|
5.58%
|
3.04%
|
3.02%
|
4.46%
|
5.42%
|
3.66%
|
2.69%
|
6.25%
|
Announcement Date
|
10/05/19
|
13/05/20
|
13/05/21
|
12/05/22
|
12/05/23
|
10/05/24
|
-
|
-
|
Last Close Price
5,400
JPY Average target price
5,633
JPY Spread / Average Target +4.32% Consensus |
1st Jan change
|
Capi.
|
---|
| +16.25% | 1.1B | | +2.37% | 29.86B | | +20.02% | 24.81B | | +6.21% | 11.19B | | +18.74% | 5.44B | | +20.42% | 4.54B | | -9.27% | 3.79B | | +2.35% | 3.36B | | +4.52% | 3.12B | | +29.28% | 2.86B |
Food Ingredients
|