Market Closed -
Japan Exchange
07:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
1,733
JPY
|
+0.81%
|
|
+3.59%
|
-15.38%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
46,785
|
67,200
|
94,809
|
95,905
|
103,239
|
82,644
|
-
|
-
|
Enterprise Value (EV)
1 |
36,514
|
55,366
|
78,753
|
77,410
|
85,712
|
71,277
|
69,119
|
66,564
|
P/E ratio
|
28.3
x
|
29.2
x
|
46.3
x
|
38.8
x
|
35.8
x
|
25.6
x
|
21.2
x
|
18.2
x
|
Yield
|
1.18%
|
0.89%
|
1.05%
|
1.27%
|
1.56%
|
2.02%
|
2.17%
|
2.5%
|
Capitalization / Revenue
|
8.39
x
|
11.3
x
|
13.2
x
|
12.1
x
|
12.2
x
|
8.96
x
|
7.61
x
|
6.56
x
|
EV / Revenue
|
6.55
x
|
9.3
x
|
10.9
x
|
9.81
x
|
10.1
x
|
7.73
x
|
6.37
x
|
5.28
x
|
EV / EBITDA
|
-
|
-
|
25
x
|
20.3
x
|
20.2
x
|
14.5
x
|
11.9
x
|
10.1
x
|
EV / FCF
|
26.8
x
|
54.1
x
|
16.9
x
|
-
|
31.4
x
|
21.2
x
|
16.5
x
|
13.6
x
|
FCF Yield
|
3.73%
|
1.85%
|
5.92%
|
-
|
3.18%
|
4.71%
|
6.06%
|
7.35%
|
Price to Book
|
4.79
x
|
5.81
x
|
6.01
x
|
5.29
x
|
5.07
x
|
4.09
x
|
3.58
x
|
3.21
x
|
Nbr of stocks (in thousands)
|
42,339
|
42,505
|
45,428
|
46,760
|
47,466
|
47,689
|
-
|
-
|
Reference price
2 |
1,105
|
1,581
|
2,087
|
2,051
|
2,175
|
1,733
|
1,733
|
1,733
|
Announcement Date
|
14/05/19
|
14/05/20
|
14/05/21
|
13/05/22
|
12/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,573
|
5,956
|
7,195
|
7,894
|
8,494
|
9,219
|
10,859
|
12,596
|
EBITDA
1 |
-
|
-
|
3,153
|
3,814
|
4,239
|
4,919
|
5,818
|
6,564
|
EBIT
1 |
2,512
|
2,718
|
3,089
|
3,732
|
4,150
|
4,840
|
5,906
|
6,855
|
Operating Margin
|
45.07%
|
45.63%
|
42.93%
|
47.28%
|
48.86%
|
52.49%
|
54.39%
|
54.42%
|
Earnings before Tax (EBT)
1 |
2,552
|
2,617
|
3,080
|
3,749
|
4,227
|
5,000
|
6,000
|
7,100
|
Net income
1 |
1,651
|
2,301
|
2,004
|
2,463
|
2,864
|
3,221
|
3,888
|
4,536
|
Net margin
|
29.62%
|
38.63%
|
27.85%
|
31.2%
|
33.72%
|
34.94%
|
35.8%
|
36.01%
|
EPS
2 |
39.11
|
54.14
|
45.12
|
52.92
|
60.68
|
67.78
|
81.80
|
95.44
|
Free Cash Flow
1 |
1,363
|
1,023
|
4,659
|
-
|
2,729
|
3,355
|
4,188
|
4,890
|
FCF margin
|
24.46%
|
17.18%
|
64.75%
|
-
|
32.13%
|
36.39%
|
38.57%
|
38.82%
|
FCF Conversion (EBITDA)
|
-
|
-
|
147.79%
|
-
|
64.38%
|
68.21%
|
71.99%
|
74.5%
|
FCF Conversion (Net income)
|
82.56%
|
44.46%
|
232.47%
|
-
|
95.29%
|
104.15%
|
107.72%
|
107.8%
|
Dividend per Share
2 |
13.00
|
14.00
|
22.00
|
26.00
|
34.00
|
35.00
|
37.67
|
43.29
|
Announcement Date
|
14/05/19
|
14/05/20
|
14/05/21
|
13/05/22
|
12/05/23
|
-
|
-
|
-
|
Fiscal Period: März |
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 |
2,907
|
3,049
|
3,451
|
3,744
|
1,933
|
3,847
|
2,017
|
2,030
|
4,047
|
2,040
|
2,110
|
4,150
|
2,149
|
2,195
|
4,345
|
2,240
|
2,261
|
4,501
|
2,320
|
2,371
|
4,699
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
1,292
|
1,426
|
1,503
|
1,586
|
938
|
1,805
|
1,014
|
913
|
1,927
|
1,005
|
1,012
|
2,017
|
1,155
|
977.7
|
2,134
|
1,151
|
1,197
|
2,348
|
1,283
|
1,204
|
2,452
|
-
|
-
|
-
|
-
|
Operating Margin
|
44.44%
|
46.77%
|
43.55%
|
42.36%
|
48.53%
|
46.92%
|
50.27%
|
44.98%
|
47.62%
|
49.26%
|
47.96%
|
48.6%
|
53.76%
|
44.54%
|
49.11%
|
51.38%
|
52.95%
|
52.17%
|
55.3%
|
50.8%
|
52.18%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
1,272
|
-
|
1,461
|
-
|
-
|
1,809
|
1,002
|
-
|
-
|
1,019
|
-
|
2,054
|
1,196
|
-
|
-
|
1,169
|
-
|
2,360
|
1,286
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
1,167
|
-
|
970
|
-
|
610
|
1,179
|
661
|
623
|
-
|
705
|
697
|
1,402
|
809.4
|
652.6
|
-
|
771.4
|
783.6
|
1,555
|
853
|
473.8
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
40.14%
|
-
|
28.11%
|
-
|
31.56%
|
30.65%
|
32.77%
|
30.69%
|
-
|
34.56%
|
33.03%
|
33.78%
|
37.66%
|
29.73%
|
-
|
34.43%
|
34.66%
|
34.55%
|
36.77%
|
19.98%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
27.46
|
-
|
22.37
|
-
|
13.00
|
25.45
|
14.16
|
13.31
|
-
|
15.01
|
14.76
|
29.77
|
17.12
|
13.79
|
-
|
16.24
|
16.48
|
32.72
|
17.94
|
9.981
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
26.00
|
-
|
-
|
-
|
-
|
-
|
34.00
|
-
|
-
|
-
|
-
|
-
|
35.00
|
-
|
-
|
-
|
-
|
36.00
|
Announcement Date
|
30/10/19
|
14/05/20
|
30/10/20
|
14/05/21
|
29/10/21
|
29/10/21
|
28/01/22
|
13/05/22
|
13/05/22
|
29/07/22
|
28/10/22
|
28/10/22
|
30/01/23
|
12/05/23
|
12/05/23
|
28/07/23
|
30/10/23
|
30/10/23
|
30/01/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
10,271
|
11,834
|
16,056
|
18,495
|
17,527
|
11,367
|
13,525
|
16,081
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,363
|
1,023
|
4,659
|
-
|
2,729
|
3,355
|
4,188
|
4,890
|
ROE (net income / shareholders' equity)
|
18.2%
|
21.5%
|
14.6%
|
14.5%
|
14.9%
|
16.2%
|
18.3%
|
19.1%
|
ROA (Net income/ Total Assets)
|
16.6%
|
16.7%
|
15.9%
|
15.7%
|
15.9%
|
11.5%
|
13.2%
|
14.4%
|
Assets
1 |
9,961
|
13,747
|
12,578
|
15,664
|
18,024
|
28,010
|
29,454
|
31,502
|
Book Value Per Share
2 |
231.0
|
272.0
|
347.0
|
388.0
|
429.0
|
424.0
|
483.0
|
541.0
|
Cash Flow per Share
|
40.70
|
56.00
|
46.50
|
54.70
|
62.50
|
-
|
-
|
-
|
Capex
1 |
492
|
13
|
21.1
|
106
|
509
|
100
|
100
|
100
|
Capex / Sales
|
8.83%
|
0.22%
|
0.29%
|
1.34%
|
5.99%
|
1.08%
|
0.92%
|
0.79%
|
Announcement Date
|
14/05/19
|
14/05/20
|
14/05/21
|
13/05/22
|
12/05/23
|
-
|
-
|
-
|
Last Close Price
1,733
JPY Average target price
2,867
JPY Spread / Average Target +65.42% Consensus |
1st Jan change
|
Capi.
|
---|
| -15.38% | 525M | | +8.60% | 16.07B | | +12.15% | 14.43B | | +6.83% | 9.22B | | -9.84% | 8.32B | | +0.42% | 6.07B | | +76.46% | 5.5B | | +2.27% | 4.89B | | +69.41% | 4.45B | | -6.25% | 4.08B |
Other Corporate Financial Services
|