Market Closed -
Japan Exchange
07:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
1,400
JPY
|
+0.43%
|
|
-5.72%
|
+9.12%
|
Fiscal Period: February |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
322,652
|
300,251
|
266,301
|
251,915
|
331,274
|
367,790
|
-
|
-
|
Enterprise Value (EV)
1 |
471,371
|
523,894
|
497,306
|
476,351
|
705,348
|
682,657
|
600,397
|
561,264
|
P/E ratio
|
11.8
x
|
14.1
x
|
-10.2
x
|
58.3
x
|
23.3
x
|
13
x
|
13.8
x
|
12.6
x
|
Yield
|
2.84%
|
3.14%
|
2.65%
|
3.01%
|
2.45%
|
2.42%
|
2.7%
|
2.89%
|
Capitalization / Revenue
|
0.7
x
|
0.62
x
|
0.83
x
|
0.76
x
|
0.92
x
|
0.96
x
|
0.89
x
|
0.86
x
|
EV / Revenue
|
1.03
x
|
1.09
x
|
1.56
x
|
1.44
x
|
1.96
x
|
1.68
x
|
1.44
x
|
1.32
x
|
EV / EBITDA
|
7.75
x
|
5.74
x
|
19.1
x
|
8.07
x
|
10.3
x
|
7.62
x
|
6.97
x
|
6.11
x
|
EV / FCF
|
58.7
x
|
22
x
|
14
x
|
10.7
x
|
13.5
x
|
8.68
x
|
15
x
|
13.2
x
|
FCF Yield
|
1.7%
|
4.54%
|
7.16%
|
9.36%
|
7.39%
|
11.5%
|
6.67%
|
7.55%
|
Price to Book
|
0.78
x
|
0.78
x
|
0.76
x
|
0.72
x
|
0.92
x
|
1.02
x
|
0.92
x
|
0.89
x
|
Nbr of stocks (in thousands)
|
261,680
|
261,771
|
261,850
|
261,866
|
262,084
|
262,707
|
-
|
-
|
Reference price
2 |
1,233
|
1,147
|
1,017
|
962.0
|
1,264
|
1,400
|
1,400
|
1,400
|
Announcement Date
|
09/04/19
|
10/04/20
|
13/04/21
|
12/04/22
|
11/04/23
|
15/04/24
|
-
|
-
|
Fiscal Period: February |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
459,840
|
480,621
|
319,079
|
331,484
|
359,679
|
407,006
|
415,580
|
426,740
|
EBITDA
1 |
60,798
|
91,239
|
26,096
|
59,009
|
68,166
|
89,540
|
86,200
|
91,850
|
EBIT
1 |
40,891
|
40,286
|
-24,265
|
9,380
|
19,059
|
43,048
|
40,280
|
43,460
|
Operating Margin
|
8.89%
|
8.38%
|
-7.6%
|
2.83%
|
5.3%
|
10.58%
|
9.69%
|
10.18%
|
Earnings before Tax (EBT)
1 |
42,126
|
37,161
|
-28,672
|
6,190
|
16,873
|
41,343
|
38,280
|
41,740
|
Net income
1 |
27,358
|
21,251
|
-26,193
|
4,321
|
14,237
|
29,913
|
26,480
|
29,020
|
Net margin
|
5.95%
|
4.42%
|
-8.21%
|
1.3%
|
3.96%
|
7.35%
|
6.37%
|
6.8%
|
EPS
2 |
104.6
|
81.19
|
-100.0
|
16.50
|
54.32
|
114.1
|
101.6
|
111.1
|
Free Cash Flow
1 |
8,034
|
23,799
|
35,601
|
44,577
|
52,109
|
78,605
|
40,074
|
42,368
|
FCF margin
|
1.75%
|
4.95%
|
11.16%
|
13.45%
|
14.49%
|
19.31%
|
9.64%
|
9.93%
|
FCF Conversion (EBITDA)
|
13.21%
|
26.08%
|
136.42%
|
75.54%
|
76.44%
|
87.79%
|
46.49%
|
46.13%
|
FCF Conversion (Net income)
|
29.37%
|
111.99%
|
-
|
1,031.64%
|
366.01%
|
262.78%
|
151.34%
|
146%
|
Dividend per Share
2 |
35.00
|
36.00
|
27.00
|
29.00
|
31.00
|
36.00
|
37.75
|
40.40
|
Announcement Date
|
09/04/19
|
10/04/20
|
13/04/21
|
12/04/22
|
11/04/23
|
15/04/24
|
-
|
-
|
Fiscal Period: February |
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
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
225,664
|
254,957
|
147,471
|
171,608
|
83,236
|
157,333
|
80,146
|
94,005
|
174,151
|
81,905
|
87,224
|
169,129
|
87,811
|
102,738
|
93,456
|
98,178
|
191,634
|
94,928
|
120,444
|
100,150
|
102,400
|
100,200
|
115,150
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
25,175
|
15,111
|
-20,637
|
-3,628
|
2,431
|
-1,388
|
5,796
|
4,973
|
13,106
|
7,560
|
5,677
|
13,237
|
6,862
|
-1,041
|
10,169
|
9,515
|
19,684
|
10,993
|
12,371
|
11,450
|
10,950
|
8,200
|
8,050
|
Operating Margin
|
11.16%
|
5.93%
|
-13.99%
|
-2.11%
|
2.92%
|
-0.88%
|
7.23%
|
5.29%
|
7.53%
|
9.23%
|
6.51%
|
7.83%
|
7.81%
|
-1.01%
|
10.88%
|
9.69%
|
10.27%
|
11.58%
|
10.27%
|
11.43%
|
10.69%
|
8.18%
|
6.99%
|
Earnings before Tax (EBT)
1 |
23,960
|
13,201
|
-22,760
|
-5,912
|
1,542
|
-2,871
|
4,950
|
4,111
|
-
|
6,856
|
5,367
|
12,223
|
6,203
|
-1,553
|
9,926
|
8,878
|
18,804
|
11,044
|
11,495
|
-
|
-
|
-
|
-
|
Net income
1 |
14,367
|
6,884
|
-16,311
|
-9,882
|
1,067
|
-1,995
|
5,665
|
652
|
-
|
5,974
|
4,181
|
10,155
|
4,606
|
-525
|
6,397
|
6,503
|
12,900
|
8,704
|
8,309
|
-
|
-
|
-
|
-
|
Net margin
|
6.37%
|
2.7%
|
-11.06%
|
-5.76%
|
1.28%
|
-1.27%
|
7.07%
|
0.69%
|
-
|
7.29%
|
4.79%
|
6%
|
5.25%
|
-0.51%
|
6.84%
|
6.62%
|
6.73%
|
9.17%
|
6.9%
|
-
|
-
|
-
|
-
|
EPS
2 |
54.89
|
-
|
-62.30
|
-
|
4.080
|
-7.620
|
21.63
|
2.490
|
-
|
22.80
|
15.95
|
38.75
|
17.58
|
-2.010
|
24.39
|
24.80
|
49.19
|
33.19
|
31.68
|
30.05
|
28.88
|
16.78
|
17.95
|
Dividend per Share
|
-
|
-
|
9.000
|
-
|
-
|
14.00
|
-
|
-
|
-
|
-
|
-
|
15.00
|
-
|
-
|
-
|
-
|
16.00
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
08/10/19
|
10/04/20
|
13/10/20
|
13/04/21
|
12/10/21
|
12/10/21
|
28/12/21
|
12/04/22
|
12/04/22
|
30/06/22
|
11/10/22
|
11/10/22
|
27/12/22
|
11/04/23
|
28/06/23
|
10/10/23
|
10/10/23
|
26/12/23
|
15/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: February |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
148,719
|
223,643
|
231,005
|
224,436
|
374,074
|
293,056
|
232,608
|
193,475
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.446
x
|
2.451
x
|
8.852
x
|
3.803
x
|
5.488
x
|
3.273
x
|
2.698
x
|
2.106
x
|
Free Cash Flow
1 |
8,034
|
23,799
|
35,601
|
44,577
|
52,109
|
78,605
|
40,074
|
42,368
|
ROE (net income / shareholders' equity)
|
6.77%
|
5.4%
|
-7.1%
|
1.2%
|
4%
|
8.1%
|
7.03%
|
7.4%
|
ROA (Net income/ Total Assets)
|
3.99%
|
3.2%
|
-2.09%
|
0.5%
|
1.46%
|
3.7%
|
2.45%
|
3.17%
|
Assets
1 |
686,421
|
664,094
|
1,251,996
|
857,443
|
976,187
|
808,794
|
1,080,816
|
916,420
|
Book Value Per Share
2 |
1,577
|
1,479
|
1,345
|
1,337
|
1,370
|
1,454
|
1,525
|
1,567
|
Cash Flow per Share
2 |
181.0
|
276.0
|
92.30
|
206.0
|
242.0
|
291.0
|
284.0
|
306.0
|
Capex
1 |
39,066
|
46,929
|
29,360
|
20,632
|
22,570
|
12,087
|
32,498
|
33,000
|
Capex / Sales
|
8.5%
|
9.76%
|
9.2%
|
6.22%
|
6.28%
|
2.97%
|
7.82%
|
7.73%
|
Announcement Date
|
09/04/19
|
10/04/20
|
13/04/21
|
12/04/22
|
11/04/23
|
15/04/24
|
-
|
-
|
Last Close Price
1,400
JPY Average target price
1,744
JPY Spread / Average Target +24.57% Consensus |
1st Jan change
|
Capi.
|
---|
| +9.12% | 2.34B | | +40.86% | 18.35B | | +15.83% | 7.32B | | +11.23% | 7.29B | | +13.19% | 6.59B | | +45.96% | 5.39B | | +31.51% | 5.08B | | -8.40% | 5.07B | | +6.90% | 3.65B | | -10.80% | 3.41B |
Retail - Department Stores
|