Market Closed -
Japan Exchange
07:00:00 02/05/2024 BST
|
5-day change
|
1st Jan Change
|
2,318
JPY
|
-0.79%
|
|
+1.62%
|
-7.15%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
277,352
|
196,390
|
381,098
|
293,345
|
235,838
|
199,716
|
-
|
-
|
Enterprise Value (EV)
1 |
375,582
|
301,557
|
493,377
|
410,166
|
385,368
|
351,471
|
359,244
|
367,015
|
P/E ratio
|
11.1
x
|
8.67
x
|
16.7
x
|
11.3
x
|
18.5
x
|
17.9
x
|
14.9
x
|
10.1
x
|
Yield
|
3.76%
|
5.49%
|
2.83%
|
4.26%
|
3.66%
|
4.31%
|
4.28%
|
4.46%
|
Capitalization / Revenue
|
0.67
x
|
0.52
x
|
1.08
x
|
0.76
x
|
0.58
x
|
0.52
x
|
0.49
x
|
0.47
x
|
EV / Revenue
|
0.91
x
|
0.79
x
|
1.39
x
|
1.07
x
|
0.95
x
|
0.92
x
|
0.88
x
|
0.87
x
|
EV / EBITDA
|
6.63
x
|
5.63
x
|
8.56
x
|
6.41
x
|
6.49
x
|
8.65
x
|
6.8
x
|
6.18
x
|
EV / FCF
|
57.9
x
|
38.9
x
|
130
x
|
70.8
x
|
-19.9
x
|
11
x
|
-47.3
x
|
-19
x
|
FCF Yield
|
1.73%
|
2.57%
|
0.77%
|
1.41%
|
-5.01%
|
9.1%
|
-2.12%
|
-5.27%
|
Price to Book
|
1.12
x
|
0.78
x
|
1.42
x
|
1.02
x
|
0.8
x
|
0.65
x
|
0.64
x
|
0.61
x
|
Nbr of stocks (in thousands)
|
86,944
|
86,249
|
86,221
|
86,278
|
86,230
|
86,177
|
-
|
-
|
Reference price
2 |
3,190
|
2,277
|
4,420
|
3,400
|
2,735
|
2,318
|
2,318
|
2,318
|
Announcement Date
|
13/05/19
|
13/05/20
|
12/05/21
|
11/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
413,128
|
380,803
|
354,391
|
384,849
|
407,559
|
383,150
|
406,657
|
420,550
|
EBITDA
1 |
56,662
|
53,559
|
57,640
|
64,005
|
59,364
|
40,629
|
52,817
|
59,396
|
EBIT
1 |
34,228
|
31,587
|
34,729
|
40,123
|
32,324
|
12,450
|
24,029
|
31,050
|
Operating Margin
|
8.29%
|
8.29%
|
9.8%
|
10.43%
|
7.93%
|
3.25%
|
5.91%
|
7.38%
|
Earnings before Tax (EBT)
1 |
32,392
|
29,011
|
29,052
|
34,633
|
14,590
|
14,317
|
20,600
|
28,767
|
Net income
1 |
25,046
|
22,703
|
22,785
|
26,012
|
12,768
|
11,136
|
13,386
|
19,783
|
Net margin
|
6.06%
|
5.96%
|
6.43%
|
6.76%
|
3.13%
|
2.91%
|
3.29%
|
4.7%
|
EPS
2 |
286.2
|
262.6
|
264.2
|
301.7
|
148.1
|
129.2
|
155.3
|
229.5
|
Free Cash Flow
1 |
6,484
|
7,749
|
3,782
|
5,791
|
-19,322
|
31,982
|
-7,601
|
-19,335
|
FCF margin
|
1.57%
|
2.03%
|
1.07%
|
1.5%
|
-4.74%
|
8.35%
|
-1.87%
|
-4.6%
|
FCF Conversion (EBITDA)
|
11.44%
|
14.47%
|
6.56%
|
9.05%
|
-
|
78.72%
|
-
|
-
|
FCF Conversion (Net income)
|
25.89%
|
34.13%
|
16.6%
|
22.26%
|
-
|
287.2%
|
-
|
-
|
Dividend per Share
2 |
120.0
|
125.0
|
125.0
|
145.0
|
100.0
|
100.0
|
99.29
|
103.3
|
Announcement Date
|
13/05/19
|
13/05/20
|
12/05/21
|
11/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
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
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
191,953
|
-
|
160,302
|
104,416
|
191,143
|
92,834
|
100,872
|
-
|
94,369
|
108,559
|
202,928
|
105,805
|
98,826
|
204,631
|
87,829
|
103,540
|
191,369
|
101,474
|
89,978
|
93,700
|
105,800
|
105,900
|
97,600
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
15,348
|
16,239
|
12,065
|
17,476
|
25,224
|
6,957
|
7,942
|
14,899
|
4,902
|
13,406
|
18,308
|
7,752
|
6,264
|
14,016
|
2,796
|
7,739
|
10,535
|
2,018
|
-676.5
|
2,400
|
8,700
|
4,900
|
5,100
|
Operating Margin
|
8%
|
-
|
7.53%
|
16.74%
|
13.2%
|
7.49%
|
7.87%
|
-
|
5.19%
|
12.35%
|
9.02%
|
7.33%
|
6.34%
|
6.85%
|
3.18%
|
7.47%
|
5.51%
|
1.99%
|
-0.75%
|
2.56%
|
8.22%
|
4.63%
|
5.23%
|
Earnings before Tax (EBT)
|
13,937
|
-
|
12,197
|
16,130
|
23,651
|
5,531
|
-
|
-
|
5,148
|
-
|
18,553
|
-8,708
|
-
|
-
|
3,204
|
5,784
|
8,988
|
-5,920
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
10,852
|
-
|
10,008
|
11,889
|
18,045
|
4,866
|
3,101
|
-
|
4,337
|
9,990
|
14,327
|
-5,485
|
3,926
|
-1,559
|
2,295
|
4,264
|
6,559
|
-2,977
|
7,400
|
600
|
5,300
|
2,500
|
2,600
|
Net margin
|
5.65%
|
-
|
6.24%
|
11.39%
|
9.44%
|
5.24%
|
3.07%
|
-
|
4.6%
|
9.2%
|
7.06%
|
-5.18%
|
3.97%
|
-0.76%
|
2.61%
|
4.12%
|
3.43%
|
-2.93%
|
8.22%
|
0.64%
|
5.01%
|
2.36%
|
2.66%
|
EPS
2 |
125.2
|
-
|
116.1
|
137.9
|
209.3
|
56.42
|
35.96
|
-
|
50.30
|
115.8
|
166.2
|
-63.61
|
45.54
|
-
|
26.63
|
49.46
|
76.09
|
-34.53
|
100.5
|
-
|
-
|
-
|
-
|
Dividend per Share
|
60.00
|
-
|
60.00
|
-
|
70.00
|
-
|
-
|
-
|
-
|
-
|
70.00
|
-
|
-
|
-
|
-
|
-
|
60.00
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
08/11/19
|
13/05/20
|
09/11/20
|
08/11/21
|
08/11/21
|
07/02/22
|
11/05/22
|
11/05/22
|
05/08/22
|
08/11/22
|
08/11/22
|
07/02/23
|
11/05/23
|
11/05/23
|
07/08/23
|
08/11/23
|
08/11/23
|
07/02/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
98,230
|
105,167
|
112,279
|
116,821
|
149,530
|
151,755
|
159,528
|
167,299
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.734
x
|
1.964
x
|
1.948
x
|
1.825
x
|
2.519
x
|
3.735
x
|
3.02
x
|
2.817
x
|
Free Cash Flow
1 |
6,484
|
7,749
|
3,782
|
5,791
|
-19,322
|
31,982
|
-7,601
|
-19,335
|
ROE (net income / shareholders' equity)
|
10.3%
|
9.1%
|
8.8%
|
9.4%
|
4.4%
|
3.78%
|
4.18%
|
6.44%
|
ROA (Net income/ Total Assets)
|
6.84%
|
6.1%
|
6.26%
|
6.73%
|
4.87%
|
0.5%
|
2.4%
|
4.1%
|
Assets
1 |
365,989
|
372,390
|
364,173
|
386,422
|
261,922
|
2,227,143
|
557,738
|
482,520
|
Book Value Per Share
2 |
2,839
|
2,907
|
3,102
|
3,345
|
3,438
|
3,592
|
3,644
|
3,782
|
Cash Flow per Share
2 |
543.0
|
517.0
|
524.0
|
573.0
|
456.0
|
447.0
|
490.0
|
563.0
|
Capex
1 |
32,745
|
34,205
|
42,323
|
35,644
|
39,369
|
43,000
|
42,667
|
51,000
|
Capex / Sales
|
7.93%
|
8.98%
|
11.94%
|
9.26%
|
9.66%
|
11.22%
|
10.49%
|
12.13%
|
Announcement Date
|
13/05/19
|
13/05/20
|
12/05/21
|
11/05/22
|
11/05/23
|
-
|
-
|
-
|
Last Close Price
2,318
JPY Average target price
2,719
JPY Spread / Average Target +17.31% Consensus |
1st Jan change
|
Capi.
|
---|
| -7.15% | 1.28B | | +2.80% | 103B | | +1.20% | 67.05B | | +44.29% | 40.4B | | +15.99% | 38.64B | | +3.89% | 32.41B | | +6.82% | 19.17B | | +12.32% | 16.76B | | +17.69% | 15.07B | | +8.31% | 14.82B |
Other Commodity Chemicals
|