Delayed
Japan Exchange
02:40:24 02/05/2024 BST
|
5-day change
|
1st Jan Change
|
2,762
JPY
|
-0.45%
|
|
-2.95%
|
+22.73%
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
531,926
|
429,674
|
636,381
|
579,624
|
509,019
|
709,163
|
-
|
-
|
Enterprise Value (EV)
1 |
489,596
|
356,986
|
502,836
|
452,535
|
416,533
|
709,163
|
709,163
|
709,163
|
P/E ratio
|
9.87
x
|
8.67
x
|
26
x
|
9.52
x
|
13
x
|
13.2
x
|
12.8
x
|
12.2
x
|
Yield
|
2.93%
|
3.63%
|
2.45%
|
2.86%
|
3.41%
|
2.51%
|
2.6%
|
2.65%
|
Capitalization / Revenue
|
0.78
x
|
0.67
x
|
1.01
x
|
0.82
x
|
0.62
x
|
0.87
x
|
0.84
x
|
0.83
x
|
EV / Revenue
|
0.78
x
|
0.67
x
|
1.01
x
|
0.82
x
|
0.62
x
|
0.87
x
|
0.84
x
|
0.83
x
|
EV / EBITDA
|
5.04
x
|
4
x
|
7.86
x
|
4.67
x
|
5.2
x
|
5.86
x
|
5.67
x
|
5.47
x
|
EV / FCF
|
11.5
x
|
7.78
x
|
7.78
x
|
12.7
x
|
-28.7
x
|
10.5
x
|
15
x
|
15.5
x
|
FCF Yield
|
8.69%
|
12.9%
|
12.8%
|
7.88%
|
-3.49%
|
9.55%
|
6.65%
|
6.45%
|
Price to Book
|
1.25
x
|
1
x
|
1.32
x
|
1.03
x
|
0.85
x
|
1.08
x
|
1.04
x
|
0.98
x
|
Nbr of stocks (in thousands)
|
259,730
|
259,779
|
259,853
|
259,108
|
255,532
|
255,600
|
-
|
-
|
Reference price
2 |
2,048
|
1,654
|
2,449
|
2,237
|
1,992
|
2,774
|
2,774
|
2,774
|
Announcement Date
|
08/05/19
|
11/05/20
|
07/05/21
|
11/05/22
|
08/05/23
|
-
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
683,972
|
637,259
|
631,812
|
710,938
|
815,300
|
818,360
|
840,600
|
859,400
|
EBITDA
1 |
105,599
|
107,526
|
80,983
|
124,201
|
97,953
|
121,067
|
124,967
|
129,700
|
EBIT
1 |
71,925
|
67,329
|
42,731
|
85,501
|
55,400
|
74,540
|
77,480
|
81,160
|
Operating Margin
|
10.52%
|
10.57%
|
6.76%
|
12.03%
|
6.8%
|
9.11%
|
9.22%
|
9.44%
|
Earnings before Tax (EBT)
1 |
72,274
|
67,046
|
42,944
|
86,429
|
57,000
|
74,575
|
77,250
|
82,225
|
Net income
1 |
53,902
|
49,566
|
24,520
|
61,030
|
39,100
|
53,720
|
55,340
|
58,300
|
Net margin
|
7.88%
|
7.78%
|
3.88%
|
8.58%
|
4.8%
|
6.56%
|
6.58%
|
6.78%
|
EPS
2 |
207.5
|
190.8
|
94.36
|
234.9
|
152.7
|
209.7
|
216.0
|
227.5
|
Free Cash Flow
1 |
46,250
|
55,240
|
81,751
|
45,648
|
-17,766
|
67,700
|
47,150
|
45,750
|
FCF margin
|
6.76%
|
8.67%
|
12.94%
|
6.42%
|
-2.18%
|
8.27%
|
5.61%
|
5.32%
|
FCF Conversion (EBITDA)
|
43.8%
|
51.37%
|
100.95%
|
36.75%
|
-
|
55.92%
|
37.73%
|
35.27%
|
FCF Conversion (Net income)
|
85.8%
|
111.45%
|
333.41%
|
74.8%
|
-
|
126.02%
|
85.2%
|
78.47%
|
Dividend per Share
2 |
60.00
|
60.00
|
60.00
|
64.00
|
68.00
|
69.60
|
72.00
|
73.50
|
Announcement Date
|
08/05/19
|
11/05/20
|
07/05/21
|
11/05/22
|
08/05/23
|
-
|
-
|
-
|
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 Q3
|
2025 Q4
|
---|
Net sales
1 |
318,487
|
318,772
|
290,062
|
341,750
|
176,504
|
350,517
|
184,457
|
175,964
|
360,421
|
199,734
|
196,932
|
396,666
|
216,800
|
201,800
|
418,634
|
200,400
|
199,225
|
399,632
|
213,100
|
206,578
|
417,168
|
200,950
|
205,000
|
219,000
|
208,000
|
EBITDA
|
-
|
-
|
-
|
-
|
34,263
|
-
|
34,592
|
-
|
-
|
35,011
|
22,914
|
-
|
32,539
|
-
|
-
|
-
|
29,353
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
36,526
|
-
|
32,518
|
10,213
|
24,717
|
51,178
|
24,842
|
9,481
|
34,323
|
25,018
|
12,449
|
37,467
|
21,500
|
-3,600
|
17,933
|
22,000
|
17,702
|
39,727
|
21,400
|
14,606
|
34,773
|
22,000
|
20,000
|
22,500
|
16,500
|
Operating Margin
|
11.47%
|
-
|
11.21%
|
2.99%
|
14%
|
14.6%
|
13.47%
|
5.39%
|
9.52%
|
12.53%
|
6.32%
|
9.45%
|
9.92%
|
-1.78%
|
4.28%
|
10.98%
|
8.89%
|
9.94%
|
10.04%
|
7.07%
|
8.34%
|
10.95%
|
9.76%
|
10.27%
|
7.93%
|
Earnings before Tax (EBT)
1 |
36,368
|
-
|
32,643
|
10,301
|
24,841
|
51,576
|
25,199
|
9,654
|
34,853
|
25,297
|
12,911
|
38,208
|
21,900
|
-3,200
|
18,792
|
22,700
|
18,347
|
40,999
|
22,300
|
10,286
|
32,601
|
22,000
|
-
|
-
|
-
|
Net income
1 |
27,275
|
-
|
24,697
|
-
|
18,193
|
36,812
|
17,440
|
6,778
|
24,218
|
17,389
|
12,869
|
30,258
|
12,700
|
-3,900
|
8,842
|
16,200
|
12,658
|
28,901
|
17,700
|
5,677
|
23,389
|
16,000
|
-
|
-
|
-
|
Net margin
|
8.56%
|
-
|
8.51%
|
-
|
10.31%
|
10.5%
|
9.45%
|
3.85%
|
6.72%
|
8.71%
|
6.53%
|
7.63%
|
5.86%
|
-1.93%
|
2.11%
|
8.08%
|
6.35%
|
7.23%
|
8.31%
|
2.75%
|
5.61%
|
7.96%
|
-
|
-
|
-
|
EPS
2 |
105.0
|
-
|
95.04
|
-0.6800
|
69.99
|
141.6
|
67.09
|
26.19
|
93.28
|
67.60
|
50.40
|
118.0
|
49.79
|
-15.12
|
34.67
|
63.55
|
49.53
|
113.1
|
69.30
|
22.00
|
90.50
|
61.90
|
-
|
-
|
-
|
Dividend per Share
|
30.00
|
30.00
|
27.00
|
33.00
|
30.00
|
30.00
|
-
|
34.00
|
34.00
|
-
|
34.00
|
34.00
|
-
|
34.00
|
-
|
-
|
-
|
34.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
05/11/19
|
11/05/20
|
09/11/20
|
07/05/21
|
08/11/21
|
08/11/21
|
01/02/22
|
11/05/22
|
11/05/22
|
05/08/22
|
09/11/22
|
09/11/22
|
07/02/23
|
08/05/23
|
08/05/23
|
07/08/23
|
07/11/23
|
07/11/23
|
06/02/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
42,330
|
72,688
|
133,545
|
127,089
|
92,486
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
46,250
|
55,240
|
81,751
|
45,648
|
-17,766
|
67,700
|
47,150
|
45,750
|
ROE (net income / shareholders' equity)
|
13.1%
|
11.6%
|
5.4%
|
11.7%
|
6.8%
|
8.52%
|
8.18%
|
8.37%
|
ROA (Net income/ Total Assets)
|
10.2%
|
9.31%
|
5.82%
|
11.1%
|
6.86%
|
6.1%
|
6.1%
|
6%
|
Assets
1 |
528,356
|
532,312
|
421,200
|
549,031
|
570,382
|
880,656
|
907,213
|
971,667
|
Book Value Per Share
2 |
1,635
|
1,649
|
1,858
|
2,170
|
2,334
|
2,569
|
2,669
|
2,822
|
Cash Flow per Share
|
337.0
|
346.0
|
242.0
|
384.0
|
319.0
|
-
|
-
|
-
|
Capex
1 |
27,030
|
32,508
|
27,514
|
41,875
|
54,987
|
50,000
|
56,000
|
55,000
|
Capex / Sales
|
3.95%
|
5.1%
|
4.35%
|
5.89%
|
6.74%
|
6.11%
|
6.66%
|
6.4%
|
Announcement Date
|
08/05/19
|
11/05/20
|
07/05/21
|
11/05/22
|
08/05/23
|
-
|
-
|
-
|
Last Close Price
2,774
JPY Average target price
2,590
JPY Spread / Average Target -6.65% Consensus |
1st Jan change
|
Capi.
|
---|
| +22.73% | 4.55B | | +17.07% | 26.85B | | +23.78% | 5.26B | | +23.69% | 1.65B | | -15.97% | 1.09B | | +7.84% | 1.07B | | -38.02% | 875M | | -4.32% | 757M | | +1.23% | 451M | | +18.22% | 129M |
Other Office Equipment
|