Market Closed -
Japan Exchange
07:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
711.9
JPY
|
+1.21%
|
|
-1.14%
|
+27.03%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,698,818
|
1,191,816
|
1,610,471
|
1,470,733
|
1,310,537
|
2,127,082
|
-
|
-
|
Enterprise Value (EV)
1 |
3,484,193
|
3,547,965
|
3,679,539
|
4,020,277
|
4,559,554
|
4,673,477
|
4,696,804
|
4,614,868
|
P/E ratio
|
5.31
x
|
-6.4
x
|
14.1
x
|
2.74
x
|
9.99
x
|
8.88
x
|
9.1
x
|
8.19
x
|
Yield
|
4.15%
|
5.94%
|
4.39%
|
4.8%
|
4.73%
|
3.13%
|
3.18%
|
3.23%
|
Capitalization / Revenue
|
0.15
x
|
0.12
x
|
0.21
x
|
0.13
x
|
0.09
x
|
0.15
x
|
0.15
x
|
0.15
x
|
EV / Revenue
|
0.31
x
|
0.35
x
|
0.48
x
|
0.37
x
|
0.3
x
|
0.33
x
|
0.34
x
|
0.33
x
|
EV / EBITDA
|
4.44
x
|
16.6
x
|
6.33
x
|
3.6
x
|
7.22
x
|
6.45
x
|
6.19
x
|
5.94
x
|
EV / FCF
|
25.4
x
|
25.5
x
|
10.9
x
|
-28.6
x
|
-20.2
x
|
15.9
x
|
46.9
x
|
23.8
x
|
FCF Yield
|
3.94%
|
3.93%
|
9.16%
|
-3.49%
|
-4.96%
|
6.29%
|
2.13%
|
4.2%
|
Price to Book
|
0.62
x
|
0.52
x
|
0.69
x
|
0.51
x
|
0.49
x
|
0.71
x
|
0.67
x
|
0.62
x
|
Nbr of stocks (in thousands)
|
3,354,033
|
3,219,384
|
3,210,669
|
3,211,206
|
2,817,148
|
2,987,895
|
-
|
-
|
Reference price
2 |
506.5
|
370.2
|
501.6
|
458.0
|
465.2
|
711.9
|
711.9
|
711.9
|
Announcement Date
|
13/05/19
|
20/05/20
|
12/05/21
|
13/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
11,129,630
|
10,011,774
|
7,658,011
|
10,921,800
|
15,016,554
|
14,013,502
|
13,857,806
|
14,029,018
|
EBITDA
1 |
785,391
|
213,488
|
581,074
|
1,117,900
|
631,467
|
724,508
|
759,133
|
776,772
|
EBIT
1 |
537,083
|
-113,061
|
254,175
|
785,900
|
281,285
|
436,755
|
429,387
|
456,284
|
Operating Margin
|
4.83%
|
-1.13%
|
3.32%
|
7.2%
|
1.87%
|
3.12%
|
3.1%
|
3.25%
|
Earnings before Tax (EBT)
1 |
508,617
|
-135,764
|
230,891
|
771,800
|
257,435
|
423,140
|
417,140
|
446,580
|
Net income
1 |
322,319
|
-187,946
|
113,998
|
537,100
|
143,766
|
242,293
|
230,965
|
248,477
|
Net margin
|
2.9%
|
-1.88%
|
1.49%
|
4.92%
|
0.96%
|
1.73%
|
1.67%
|
1.77%
|
EPS
2 |
95.36
|
-57.86
|
35.48
|
167.3
|
46.57
|
80.17
|
78.20
|
86.94
|
Free Cash Flow
1 |
137,284
|
139,388
|
337,219
|
-140,416
|
-226,174
|
293,820
|
100,220
|
193,725
|
FCF margin
|
1.23%
|
1.39%
|
4.4%
|
-1.29%
|
-1.51%
|
2.1%
|
0.72%
|
1.38%
|
FCF Conversion (EBITDA)
|
17.48%
|
65.29%
|
58.03%
|
-
|
-
|
40.55%
|
13.2%
|
24.94%
|
FCF Conversion (Net income)
|
42.59%
|
-
|
295.81%
|
-
|
-
|
121.27%
|
43.39%
|
77.97%
|
Dividend per Share
2 |
21.00
|
22.00
|
22.00
|
22.00
|
22.00
|
22.25
|
22.62
|
23.00
|
Announcement Date
|
13/05/19
|
20/05/20
|
12/05/21
|
13/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: März |
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
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
5,063,069
|
3,362,321
|
2,507,330
|
4,731,408
|
2,899,912
|
3,290,480
|
3,555,106
|
3,838,928
|
7,394,034
|
3,941,097
|
3,681,423
|
3,218,300
|
3,401,196
|
6,619,496
|
3,625,819
|
3,742,633
|
3,104,500
|
3,475,000
|
7,103,700
|
3,775,800
|
4,034,600
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
130,865
|
88,904
|
175,820
|
337,800
|
192,339
|
255,761
|
325,349
|
69,401
|
394,750
|
-144,988
|
31,523
|
94,000
|
197,505
|
291,505
|
94,814
|
54,067
|
100,250
|
138,900
|
262,400
|
113,400
|
81,400
|
Operating Margin
|
2.58%
|
2.64%
|
7.01%
|
7.14%
|
6.63%
|
7.77%
|
9.15%
|
1.81%
|
5.34%
|
-3.68%
|
0.86%
|
2.92%
|
5.81%
|
4.4%
|
2.61%
|
1.44%
|
3.23%
|
4%
|
3.69%
|
3%
|
2.02%
|
Earnings before Tax (EBT)
1 |
117,878
|
77,113
|
170,968
|
328,198
|
187,023
|
256,579
|
331,970
|
65,695
|
397,665
|
-164,827
|
24,597
|
87,900
|
194,801
|
282,724
|
89,068
|
49,100
|
94,700
|
132,350
|
248,400
|
107,350
|
75,400
|
Net income
1 |
71,038
|
36,433
|
113,780
|
211,365
|
120,461
|
205,274
|
221,355
|
27,401
|
248,756
|
-152,711
|
47,721
|
45,800
|
125,889
|
171,689
|
35,077
|
28,400
|
55,300
|
76,800
|
148,800
|
61,450
|
39,100
|
Net margin
|
1.4%
|
1.08%
|
4.54%
|
4.47%
|
4.15%
|
6.24%
|
6.23%
|
0.71%
|
3.36%
|
-3.87%
|
1.3%
|
1.42%
|
3.7%
|
2.59%
|
0.97%
|
0.76%
|
1.78%
|
2.21%
|
2.09%
|
1.63%
|
0.97%
|
EPS
2 |
21.68
|
11.33
|
35.42
|
65.83
|
37.51
|
63.93
|
69.31
|
9.640
|
78.95
|
-48.08
|
-
|
15.19
|
41.76
|
56.95
|
11.64
|
22.80
|
20.40
|
30.00
|
50.50
|
20.90
|
4.500
|
Dividend per Share
|
11.00
|
11.00
|
-
|
11.00
|
-
|
-
|
-
|
-
|
11.00
|
-
|
-
|
-
|
-
|
11.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
08/11/19
|
11/11/20
|
11/11/21
|
11/11/21
|
10/02/22
|
13/05/22
|
12/08/22
|
10/11/22
|
10/11/22
|
10/02/23
|
11/05/23
|
10/08/23
|
08/11/23
|
08/11/23
|
09/02/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,785,375
|
2,356,149
|
2,069,068
|
2,549,544
|
3,249,017
|
2,546,395
|
2,569,721
|
2,487,785
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.273
x
|
11.04
x
|
3.561
x
|
2.281
x
|
5.145
x
|
3.515
x
|
3.385
x
|
3.203
x
|
Free Cash Flow
1 |
137,284
|
139,388
|
337,219
|
-140,416
|
-226,174
|
293,820
|
100,220
|
193,725
|
ROE (net income / shareholders' equity)
|
12.3%
|
-7.5%
|
4.9%
|
20.7%
|
5%
|
8.31%
|
7.52%
|
7.87%
|
ROA (Net income/ Total Assets)
|
3.81%
|
-1.65%
|
2.87%
|
8.72%
|
2.63%
|
2.93%
|
2.4%
|
2.45%
|
Assets
1 |
8,468,707
|
11,413,424
|
3,967,149
|
6,161,304
|
5,473,631
|
8,270,809
|
9,628,888
|
10,150,197
|
Book Value Per Share
2 |
816.0
|
718.0
|
724.0
|
891.0
|
949.0
|
1,005
|
1,062
|
1,140
|
Cash Flow per Share
2 |
169.0
|
42.70
|
209.0
|
271.0
|
160.0
|
187.0
|
198.0
|
-
|
Capex
1 |
263,019
|
422,795
|
341,875
|
326,301
|
427,520
|
460,000
|
491,250
|
496,250
|
Capex / Sales
|
2.36%
|
4.22%
|
4.46%
|
2.99%
|
2.85%
|
3.28%
|
3.54%
|
3.54%
|
Announcement Date
|
13/05/19
|
20/05/20
|
12/05/21
|
13/05/22
|
11/05/23
|
-
|
-
|
-
|
Last Close Price
711.9
JPY Average target price
737.5
JPY Spread / Average Target +3.60% Consensus |
1st Jan change
|
Capi.
|
---|
| +27.03% | 13.51B | | +12.39% | 221B | | +17.36% | 103B | | +33.72% | 71.49B | | +13.72% | 64.2B | | +27.54% | 54.22B | | +27.93% | 37.8B | | +32.11% | 28.33B | | -11.77% | 20.79B | | +9.44% | 19.12B |
Other Oil & Gas Refining and Marketing
|