Delayed
Japan Exchange
07:00:00 20/05/2024 BST
|
5-day change
|
1st Jan Change
|
708
JPY
|
-2.75%
|
|
-20.72%
|
-9.35%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
52,223
|
62,580
|
108,859
|
102,326
|
108,471
|
42,039
|
-
|
-
|
Enterprise Value (EV)
1 |
77,001
|
97,678
|
124,828
|
128,760
|
129,977
|
73,585
|
80,342
|
83,925
|
P/E ratio
|
18.9
x
|
13.8
x
|
15.9
x
|
10.6
x
|
11.8
x
|
-1.85
x
|
20.5
x
|
15.7
x
|
Yield
|
1.16%
|
1.46%
|
0.98%
|
1.27%
|
1.2%
|
0.24%
|
0.71%
|
1.74%
|
Capitalization / Revenue
|
0.79
x
|
0.71
x
|
0.77
x
|
0.44
x
|
0.37
x
|
0.17
x
|
0.21
x
|
0.19
x
|
EV / Revenue
|
1.17
x
|
1.1
x
|
0.88
x
|
0.56
x
|
0.44
x
|
0.3
x
|
0.39
x
|
0.38
x
|
EV / EBITDA
|
12.1
x
|
8.46
x
|
6.33
x
|
7.3
x
|
6.27
x
|
-4.62
x
|
8.28
x
|
7.61
x
|
EV / FCF
|
-4.75
x
|
-10.9
x
|
13.8
x
|
-13.3
x
|
18.8
x
|
-3.15
x
|
-19.6
x
|
-72.9
x
|
FCF Yield
|
-21%
|
-9.18%
|
7.24%
|
-7.5%
|
5.32%
|
-31.7%
|
-5.1%
|
-1.37%
|
Price to Book
|
2.69
x
|
2.4
x
|
2.47
x
|
1.84
x
|
1.75
x
|
0.87
x
|
0.87
x
|
0.83
x
|
Nbr of stocks (in thousands)
|
50,604
|
50,836
|
58,970
|
59,079
|
59,241
|
59,377
|
-
|
-
|
Reference price
2 |
1,032
|
1,231
|
1,846
|
1,732
|
1,831
|
708.0
|
708.0
|
708.0
|
Announcement Date
|
13/05/19
|
13/05/20
|
13/05/21
|
13/05/22
|
12/05/23
|
10/05/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
65,827
|
88,639
|
141,885
|
230,502
|
296,312
|
244,977
|
204,147
|
218,865
|
EBITDA
1 |
6,384
|
11,547
|
19,718
|
17,631
|
20,746
|
-15,935
|
9,704
|
11,021
|
EBIT
1 |
4,702
|
9,246
|
15,720
|
12,498
|
14,884
|
-19,851
|
3,354
|
4,552
|
Operating Margin
|
7.14%
|
10.43%
|
11.08%
|
5.42%
|
5.02%
|
-8.1%
|
1.64%
|
2.08%
|
Earnings before Tax (EBT)
1 |
4,298
|
8,764
|
13,563
|
13,847
|
15,295
|
-20,649
|
4,350
|
4,505
|
Net income
1 |
2,764
|
4,515
|
6,285
|
9,653
|
9,186
|
-22,257
|
2,048
|
2,676
|
Net margin
|
4.2%
|
5.09%
|
4.43%
|
4.19%
|
3.1%
|
-9.09%
|
1%
|
1.22%
|
EPS
2 |
54.64
|
89.03
|
116.3
|
163.4
|
155.2
|
-375.3
|
34.60
|
45.14
|
Free Cash Flow
1 |
-16,196
|
-8,962
|
9,037
|
-9,663
|
6,913
|
-23,340
|
-4,098
|
-1,151
|
FCF margin
|
-24.6%
|
-10.11%
|
6.37%
|
-4.19%
|
2.33%
|
-9.53%
|
-2.01%
|
-0.53%
|
FCF Conversion (EBITDA)
|
-
|
-
|
45.83%
|
-
|
33.32%
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
143.79%
|
-
|
75.26%
|
-
|
-
|
-
|
Dividend per Share
2 |
12.00
|
18.00
|
18.00
|
22.00
|
22.00
|
1.667
|
5.000
|
12.33
|
Announcement Date
|
13/05/19
|
13/05/20
|
13/05/21
|
13/05/22
|
12/05/23
|
10/05/24
|
-
|
-
|
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 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
41,489
|
47,150
|
47,314
|
94,571
|
49,477
|
82,690
|
68,260
|
79,552
|
147,812
|
58,674
|
78,903
|
137,577
|
84,134
|
158,735
|
55,902
|
64,992
|
120,894
|
63,411
|
60,672
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
5,554
|
3,692
|
4,722
|
10,998
|
4,182
|
5,360
|
2,585
|
4,553
|
7,138
|
3,161
|
7,648
|
10,809
|
3,545
|
4,075
|
-5,927
|
-4,777
|
-10,704
|
-4,449
|
-4,698
|
Operating Margin
|
13.39%
|
7.83%
|
9.98%
|
11.63%
|
8.45%
|
6.48%
|
3.79%
|
5.72%
|
4.83%
|
5.39%
|
9.69%
|
7.86%
|
4.21%
|
2.57%
|
-10.6%
|
-7.35%
|
-8.85%
|
-7.02%
|
-7.74%
|
Earnings before Tax (EBT)
|
5,366
|
3,398
|
4,620
|
8,943
|
5,177
|
6,714
|
4,129
|
3,004
|
7,133
|
2,143
|
5,393
|
7,536
|
3,620
|
7,759
|
-4,135
|
-5,085
|
-9,220
|
-4,637
|
-
|
Net income
1 |
3,058
|
1,457
|
2,680
|
3,605
|
3,490
|
4,323
|
3,586
|
1,744
|
5,330
|
1,675
|
2,861
|
4,536
|
1,401
|
4,650
|
-3,797
|
-7,365
|
-11,162
|
-4,725
|
-6,370
|
Net margin
|
7.37%
|
3.09%
|
5.66%
|
3.81%
|
7.05%
|
5.23%
|
5.25%
|
2.19%
|
3.61%
|
2.85%
|
3.63%
|
3.3%
|
1.67%
|
2.93%
|
-6.79%
|
-11.33%
|
-9.23%
|
-7.45%
|
-10.5%
|
EPS
|
60.36
|
28.67
|
52.65
|
-
|
59.12
|
73.25
|
60.71
|
29.48
|
90.19
|
28.33
|
48.35
|
76.68
|
23.67
|
78.54
|
-64.11
|
-124.2
|
-188.3
|
-79.65
|
-
|
Dividend per Share
|
-
|
18.00
|
-
|
18.00
|
-
|
-
|
-
|
-
|
22.00
|
-
|
-
|
-
|
-
|
22.00
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/11/19
|
13/05/20
|
11/11/20
|
13/05/21
|
11/11/21
|
11/11/21
|
10/02/22
|
13/05/22
|
13/05/22
|
10/08/22
|
11/11/22
|
11/11/22
|
10/02/23
|
12/05/23
|
10/08/23
|
10/11/23
|
10/11/23
|
09/02/24
|
10/05/24
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
24,778
|
35,098
|
15,969
|
26,434
|
21,506
|
32,437
|
38,304
|
41,886
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.881
x
|
3.04
x
|
0.8099
x
|
1.499
x
|
1.037
x
|
-2.036
x
|
3.947
x
|
3.801
x
|
Free Cash Flow
1 |
-16,196
|
-8,962
|
9,037
|
-9,663
|
6,913
|
-23,340
|
-4,098
|
-1,151
|
ROE (net income / shareholders' equity)
|
16.4%
|
19.8%
|
17.9%
|
19.3%
|
15.6%
|
-40.6%
|
4.3%
|
5.87%
|
ROA (Net income/ Total Assets)
|
6.64%
|
9.75%
|
12.8%
|
9.68%
|
9.31%
|
-11.6%
|
2.1%
|
2.2%
|
Assets
1 |
41,608
|
46,315
|
49,228
|
99,731
|
98,688
|
191,644
|
97,524
|
121,621
|
Book Value Per Share
2 |
384.0
|
514.0
|
747.0
|
942.0
|
1,048
|
800.0
|
810.0
|
854.0
|
Cash Flow per Share
|
87.90
|
134.0
|
188.0
|
246.0
|
249.0
|
-316.0
|
-
|
-
|
Capex
1 |
21,874
|
15,473
|
2,616
|
13,610
|
1,367
|
3,067
|
12,013
|
10,633
|
Capex / Sales
|
33.23%
|
17.46%
|
1.84%
|
5.9%
|
0.46%
|
1.25%
|
5.88%
|
4.86%
|
Announcement Date
|
13/05/19
|
13/05/20
|
13/05/21
|
13/05/22
|
12/05/23
|
10/05/24
|
-
|
-
|
Mean consensus UNDERPERFORM Average target price
840
JPY Spread / Average Target +18.64% Consensus |
1st Jan change
|
Capi.
|
---|
| -9.35% | 278M | | +24.91% | 156B | | +12.93% | 86.97B | | +3.50% | 84.24B | | +0.46% | 75.09B | | +83.99% | 67.18B | | +14.00% | 48.85B | | +14.43% | 44.84B | | 0.00% | 44.57B | | +3.44% | 39.75B |
Other Electric Utilities
|