Market Closed -
Japan Exchange
07:00:00 10/05/2024 BST
|
5-day change
|
1st Jan Change
|
5,898
JPY
|
-0.30%
|
|
+2.08%
|
+42.95%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
44,478
|
42,438
|
115,174
|
200,327
|
155,782
|
337,187
|
-
|
-
|
Enterprise Value (EV)
1 |
51,651
|
45,992
|
110,128
|
190,396
|
146,208
|
318,815
|
308,005
|
297,213
|
P/E ratio
|
19.5
x
|
15.5
x
|
21.6
x
|
12.2
x
|
7.67
x
|
16.9
x
|
14.5
x
|
13
x
|
Yield
|
4.63%
|
4.87%
|
2.33%
|
1.79%
|
2.42%
|
1.7%
|
2.09%
|
2.34%
|
Capitalization / Revenue
|
0.73
x
|
0.74
x
|
1.75
x
|
2.09
x
|
1.47
x
|
3.26
x
|
3.08
x
|
2.92
x
|
EV / Revenue
|
0.85
x
|
0.8
x
|
1.67
x
|
1.99
x
|
1.38
x
|
3.08
x
|
2.81
x
|
2.58
x
|
EV / EBITDA
|
5.21
x
|
4.17
x
|
6.18
x
|
5.86
x
|
3.74
x
|
8.57
x
|
7.52
x
|
6.75
x
|
EV / FCF
|
10.4
x
|
6.94
x
|
11.8
x
|
14.2
x
|
12.3
x
|
-27
x
|
18.8
x
|
16.7
x
|
FCF Yield
|
9.66%
|
14.4%
|
8.49%
|
7.02%
|
8.13%
|
-3.7%
|
5.31%
|
6.01%
|
Price to Book
|
0.91
x
|
0.86
x
|
2.16
x
|
3.15
x
|
2.14
x
|
3.89
x
|
3.29
x
|
2.82
x
|
Nbr of stocks (in thousands)
|
60,597
|
60,799
|
60,874
|
59,888
|
57,955
|
57,170
|
-
|
-
|
Reference price
2 |
734.0
|
698.0
|
1,892
|
3,345
|
2,688
|
5,898
|
5,898
|
5,898
|
Announcement Date
|
25/04/19
|
12/05/20
|
10/05/21
|
10/05/22
|
10/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
60,580
|
57,710
|
65,830
|
95,712
|
106,167
|
103,533
|
109,500
|
115,400
|
EBITDA
1 |
9,912
|
11,022
|
17,811
|
32,478
|
39,101
|
37,195
|
40,978
|
44,033
|
EBIT
1 |
3,724
|
4,617
|
11,339
|
26,642
|
32,288
|
32,360
|
34,633
|
37,340
|
Operating Margin
|
6.15%
|
8%
|
17.22%
|
27.84%
|
30.41%
|
31.26%
|
31.63%
|
32.36%
|
Earnings before Tax (EBT)
1 |
3,758
|
4,297
|
7,696
|
23,777
|
29,632
|
28,500
|
33,750
|
36,850
|
Net income
1 |
2,284
|
2,734
|
5,329
|
16,669
|
20,685
|
20,352
|
23,593
|
26,013
|
Net margin
|
3.77%
|
4.74%
|
8.1%
|
17.42%
|
19.48%
|
19.66%
|
21.55%
|
22.54%
|
EPS
2 |
37.73
|
45.05
|
87.60
|
274.6
|
350.6
|
349.5
|
407.6
|
454.4
|
Free Cash Flow
1 |
4,989
|
6,627
|
9,355
|
13,370
|
11,892
|
-11,800
|
16,352
|
17,850
|
FCF margin
|
8.24%
|
11.48%
|
14.21%
|
13.97%
|
11.2%
|
-11.4%
|
14.93%
|
15.47%
|
FCF Conversion (EBITDA)
|
50.33%
|
60.13%
|
52.52%
|
41.17%
|
30.41%
|
-
|
39.9%
|
40.54%
|
FCF Conversion (Net income)
|
218.43%
|
242.39%
|
175.55%
|
80.21%
|
57.49%
|
-
|
69.31%
|
68.62%
|
Dividend per Share
2 |
34.00
|
34.00
|
44.00
|
60.00
|
65.00
|
100.0
|
123.0
|
138.0
|
Announcement Date
|
25/04/19
|
12/05/20
|
10/05/21
|
10/05/22
|
10/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
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
|
---|
Net sales
1 |
29,925
|
30,744
|
35,086
|
24,215
|
44,562
|
27,553
|
23,597
|
51,150
|
26,775
|
31,422
|
58,197
|
29,030
|
18,940
|
47,970
|
20,858
|
28,737
|
49,595
|
31,122
|
22,852
|
53,902
|
23,000
|
29,950
|
52,950
|
32,400
|
24,150
|
56,550
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
2,827
|
4,653
|
6,686
|
7,389
|
12,296
|
8,417
|
5,929
|
14,346
|
8,347
|
11,331
|
19,678
|
9,622
|
2,988
|
12,610
|
4,864
|
10,181
|
15,045
|
11,613
|
6,300
|
18,000
|
5,825
|
10,650
|
16,475
|
11,900
|
5,625
|
17,525
|
Operating Margin
|
9.45%
|
15.13%
|
19.06%
|
30.51%
|
27.59%
|
30.55%
|
25.13%
|
28.05%
|
31.17%
|
36.06%
|
33.81%
|
33.15%
|
15.78%
|
26.29%
|
23.32%
|
35.43%
|
30.34%
|
37.31%
|
27.57%
|
33.39%
|
25.33%
|
35.56%
|
31.11%
|
36.73%
|
23.29%
|
30.99%
|
Earnings before Tax (EBT)
1 |
2,987
|
3,088
|
-
|
6,792
|
11,194
|
7,401
|
-
|
-
|
7,109
|
11,117
|
18,226
|
8,658
|
2,748
|
11,406
|
4,657
|
8,890
|
13,547
|
9,905
|
5,600
|
15,400
|
6,500
|
10,500
|
17,000
|
12,000
|
7,000
|
19,000
|
Net income
1 |
2,066
|
2,123
|
3,206
|
4,735
|
7,700
|
5,010
|
3,959
|
8,969
|
4,664
|
7,804
|
12,468
|
6,178
|
2,039
|
8,217
|
3,224
|
6,251
|
9,475
|
7,368
|
3,748
|
11,308
|
4,076
|
6,876
|
10,951
|
8,430
|
4,652
|
13,082
|
Net margin
|
6.9%
|
6.91%
|
9.14%
|
19.55%
|
17.28%
|
18.18%
|
16.78%
|
17.53%
|
17.42%
|
24.84%
|
21.42%
|
21.28%
|
10.77%
|
17.13%
|
15.46%
|
21.75%
|
19.1%
|
23.67%
|
16.4%
|
20.98%
|
17.72%
|
22.96%
|
20.68%
|
26.02%
|
19.26%
|
23.13%
|
EPS
2 |
34.06
|
34.89
|
52.71
|
77.56
|
126.2
|
82.62
|
65.80
|
148.4
|
78.13
|
131.3
|
209.4
|
104.8
|
36.37
|
141.2
|
55.60
|
107.7
|
163.3
|
126.8
|
61.90
|
194.8
|
61.10
|
107.7
|
168.8
|
142.2
|
74.10
|
216.3
|
Dividend per Share
2 |
17.00
|
17.00
|
27.00
|
30.00
|
30.00
|
-
|
30.00
|
30.00
|
-
|
30.00
|
30.00
|
-
|
35.00
|
35.00
|
-
|
35.00
|
35.00
|
-
|
40.00
|
40.00
|
-
|
40.00
|
40.00
|
-
|
40.00
|
40.00
|
Announcement Date
|
29/10/19
|
29/10/20
|
10/05/21
|
01/11/21
|
01/11/21
|
02/02/22
|
10/05/22
|
10/05/22
|
28/07/22
|
31/10/22
|
31/10/22
|
01/02/23
|
10/05/23
|
10/05/23
|
31/07/23
|
01/11/23
|
01/11/23
|
05/02/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
7,173
|
3,554
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
5,046
|
9,931
|
9,574
|
18,373
|
29,182
|
39,975
|
Leverage (Debt/EBITDA)
|
0.7237
x
|
0.3224
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
4,989
|
6,627
|
9,355
|
13,370
|
11,892
|
-11,800
|
16,352
|
17,850
|
ROE (net income / shareholders' equity)
|
4.6%
|
5.5%
|
10.4%
|
28.5%
|
30.3%
|
25.8%
|
25.1%
|
23.4%
|
ROA (Net income/ Total Assets)
|
4.28%
|
5.05%
|
12%
|
22.5%
|
23.8%
|
21.6%
|
23.9%
|
24%
|
Assets
1 |
53,412
|
54,103
|
44,592
|
74,146
|
86,989
|
94,222
|
98,549
|
108,476
|
Book Value Per Share
2 |
809.0
|
815.0
|
875.0
|
1,063
|
1,257
|
1,515
|
1,793
|
2,090
|
Cash Flow per Share
|
110.0
|
121.0
|
164.0
|
344.0
|
429.0
|
-
|
-
|
-
|
Capex
1 |
2,837
|
3,029
|
3,832
|
12,075
|
13,926
|
9,000
|
9,828
|
10,012
|
Capex / Sales
|
4.68%
|
5.25%
|
5.82%
|
12.62%
|
13.12%
|
8.69%
|
8.97%
|
8.68%
|
Announcement Date
|
25/04/19
|
12/05/20
|
10/05/21
|
10/05/22
|
10/05/23
|
-
|
-
|
-
|
Last Close Price
5,898
JPY Average target price
5,583
JPY Spread / Average Target -5.34% Consensus |
1st Jan change
|
Capi.
|
---|
| +42.95% | 2.16B | | +12.94% | 109B | | +0.91% | 30.23B | | +12.31% | 22.34B | | -11.83% | 18.66B | | -8.62% | 16.99B | | +15.54% | 16.24B | | -5.91% | 12.07B | | +1.93% | 10.99B | | -15.91% | 8.36B |
Other Electronic Equipment & Parts
|