Cash flow Japan Exchange Group, Inc.

Stocks

8697

JP3183200009

Financial & Commodity Market Operators

Market Closed - Japan Exchange Other stock markets 07:30:00 17/07/2026 BST			5-day change	1st Jan Change
2,142.00 ^JPY	-4.29%		-1.59%	+27.80%

07-17	Asian Stock Exchanges Seek Closer Ties to Boost Capital Markets	MT
07-13	RUBBER-Japan futures rise on oil rally, strong physical demand	RE

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Published financial data: JAPAN EXCHANGE GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	135B	134B	153B	162B	199B
Total Revenues	135B	134B	153B	162B	199B
Gross Profit	135B	134B	153B	162B	199B
Selling General & Admin Expenses, Total	45.73B	48.53B	53.26B	56.71B	65.56B
Depreciation & Amortization - (IS)	17.49B	18.97B	18.3B	18.36B	18.04B
Other Operating Expenses	-194M	-445M	-4.7B	-1.93B	315M
Other Operating Expenses, Total	63.03B	67.06B	66.86B	73.14B	83.91B
Operating Income	72.41B	66.93B	86.02B	89.09B	115B
Interest Expense, Total	-95M	-89M	-101M	-166M	-287M
Interest And Investment Income	58M	49M	68M	328M	924M
Net Interest Expenses	-37M	-40M	-33M	162M	637M
Income (Loss) On Equity Invest.	1.07B	1.32B	1.43B	1.03B	1.47B
Other Non Operating Income (Expenses)	-9M	-8M	-6M	-8M	-8M
EBT, Excl. Unusual Items	73.43B	68.2B	87.4B	90.28B	117B
EBT, Incl. Unusual Items	73.43B	68.2B	87.4B	90.28B	117B
Income Tax Expense	22.6B	20.99B	25.45B	27.55B	35.51B
Earnings From Continuing Operations	50.83B	47.22B	61.95B	62.73B	81.41B
Net Income to Company	50.83B	47.22B	61.95B	62.73B	81.41B
Minority Interest	-874M	-876M	-1.13B	-1.63B	-2.27B
Net Income - (IS)	49.96B	46.34B	60.82B	61.09B	79.14B
Net Income to Common Incl Extra Items	49.96B	46.34B	60.82B	61.09B	79.14B
Net Income to Common Excl. Extra Items	49.96B	46.34B	60.82B	61.09B	79.14B
Per Share Items
Net EPS - Basic	47.17	44.02	58.45	58.72	76.81
Basic EPS - Continuing Operations	47.17	44.02	58.45	58.72	76.81
Basic Weighted Average Shares Outstanding	1.06B	1.05B	1.04B	1.04B	1.03B
Net EPS - Diluted	47.17	44.02	58.45	58.72	76.81
Diluted EPS - Continuing Operations	47.17	44.02	58.45	58.72	76.81
Diluted Weighted Average Shares Outstanding	1.06B	1.05B	1.04B	1.04B	1.03B
Normalized Basic EPS	42.51	39.66	51.41	52.66	68.72
Normalized Diluted EPS	42.51	39.66	51.41	52.66	68.72
Dividend Per Share	28.5	26.5	35.5	35.5	61
Payout Ratio	72.6	82.12	58.47	79.51	70.87
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	89.93B	85.9B	104B	107B	133B
EBITA	72.41B	66.93B	86.02B	89.09B	115B
EBIT	72.41B	66.93B	86.02B	89.09B	115B
Effective Tax Rate - (Ratio)	30.78	30.77	29.12	30.52	30.37
Normalized Net Income	45.02B	41.75B	53.5B	54.79B	70.8B
Non-Cash Pension Expense	-7M	-985M	-37M	105M	161M

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	93.35B	98.81B	128B	98.43B	110B
Total Cash And Short Term Investments	93.35B	98.81B	128B	98.43B	110B
Accounts Receivable, Total	15.3B	16.02B	19.55B	19.79B	24.67B
Other Receivables	2.02B	5.36B	7.37B	80M	-
Total Receivables	17.33B	21.38B	26.92B	19.87B	24.67B
Other Current Assets, Total	71,169B	81,880B	80,346B	85,101B	71,286B
Total Current Assets	71,280B	82,001B	80,501B	85,219B	71,421B
Net Property Plant And Equipment	13.03B	11.04B	13.2B	9.1B	12.26B
Long-term Investments	63.08B	65.89B	57.7B	57.72B	59.66B
Goodwill	67.37B	72.04B	71.18B	69.36B	69.36B
Other Intangibles, Total	37.73B	36.11B	32.77B	35.04B	30.29B
Deferred Tax Assets Long-Term	2.3B	1.75B	6.54B	6.38B	6.9B
Other Long-Term Assets, Total	3M	4M	5M	4M	4M
Total Assets	71,463B	82,187B	80,683B	85,397B	71,600B
Liabilities
Accounts Payable, Total	4.81B	8.88B	4.23B	5.81B	8.67B
Short-term Borrowings	32.5B	33B	32.5B	32.5B	32.5B
Current Portion of Long-Term Debt	-	-	-	-	19.99B
Current Income Taxes Payable	3.8B	9.96B	17.14B	15.45B	23.4B
Other Current Liabilities	71,067B	81,781B	80,256B	84,961B	71,145B
Total Current Liabilities	71,108B	81,833B	80,310B	85,014B	71,230B
Long-Term Debt	19.97B	19.97B	19.98B	19.99B	-
Pension & Other Post Retirement Benefits	8.98B	8.48B	8.46B	8B	7.48B
Deferred Tax Liability Non Current	101M	69M	-	11M	120M
Other Non Current Liabilities	2.36B	3.8B	5.84B	3.3B	4.32B
Total Liabilities	71,140B	81,866B	80,344B	85,046B	71,242B
Common Stock, Total	11.5B	11.5B	11.5B	11.5B	11.5B
Additional Paid In Capital	38.84B	38.84B	38.84B	38.94B	38.93B
Retained Earnings	267B	276B	281B	294B	298B
Treasury Stock	-1.91B	-13.58B	-3.84B	-4.3B	-4.09B
Comprehensive Income and Other	445M	445M	522M	536M	626M
Total Common Equity	316B	313B	328B	341B	345B
Minority Interest	8.2B	9.08B	10.21B	10.32B	12.59B
Total Equity	324B	322B	339B	351B	358B
Total Liabilities And Equity	71,463B	82,187B	80,683B	85,397B	71,600B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.06B	1.04B	1.04B	1.03B	1.03B
ECS Total Common Shares Outstanding	1.06B	1.04B	1.04B	1.04B	1.03B
Book Value / Share	299.17	299.73	315.54	327.57	335.64
Tangible Book Value	211B	205B	224B	236B	245B
Tangible Book Value Per Share	199.55	196.08	215.65	227.23	238.7
Total Debt	52.47B	52.97B	52.48B	52.49B	52.49B
Net Debt	-40.89B	-45.84B	-75.54B	-45.94B	-57.98B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-51M	-1.54B	7.67B	7.7B	7.48B
Minority Interest, Total (Incl. Fin. Div)	8.2B	9.08B	10.21B	10.32B	12.59B
Equity Method Investments, Total	17.65B	18.59B	19.62B	20.24B	21.28B
Full Time Employees	1.19K	1.24K	1.25K	1.26K	1.27K
Accumulated Allowance for Doubtful Accounts (Supple)	7M	6M	7M	7M	8M

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	73.43B	68.21B	87.4B	90.28B	117B
Depreciation & Amortization - CF	17.52B	18.97B	18.3B	18.36B	18.04B
Depreciation & Amortization, Total	17.52B	18.97B	18.3B	18.36B	18.04B
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-1.07B	-1.32B	-1.43B	-1.03B	-1.47B
Other Operating Activities, Total	-29.63B	-17.48B	-22.1B	-21.44B	-27.95B
Change In Accounts Receivable	-369M	-653M	-3.53B	-240M	-4.88B
Change In Accounts Payable	295M	171M	-2.18B	1B	2.17B
Change in Other Net Operating Assets	-1.99B	-1.02B	3.1B	-795M	4.9B
Cash from Operations	58.19B	66.88B	79.57B	86.14B	108B
Capital Expenditure	-2.34B	-565M	-6.55B	-1.72B	-973M
Sale of Property, Plant, and Equipment	-	-	7.7B	3M	-
Cash Acquisitions	-	-1.9B	-	-	-
Sale (Purchase) of Intangible assets	-12.59B	-10.74B	-9.04B	-13.44B	-7.5B
Investment in Marketable and Equity Securities, Total	1.54B	5.6B	1.59B	-46.1B	-7.1B
Other Investing Activities, Total	87M	-917M	-866M	27M	328M
Cash from Investing	-13.3B	-8.52B	-7.17B	-61.22B	-15.24B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Repurchase of Common Stock	-20.34B	-12.01B	-3.37B	-728M	-20.52B
Common Dividends Paid	-36.27B	-38.06B	-35.56B	-48.57B	-56.09B
Common & Preferred Stock Dividends Paid	-36.27B	-38.06B	-35.56B	-48.57B	-56.09B
Other Financing Activities, Total	-3.14B	-2.84B	-4.27B	-5.2B	-3.87B
Cash from Financing	-59.75B	-52.9B	-43.2B	-54.5B	-80.48B
Foreign Exchange Rate Adjustments	-	-	2M	-5M	18M
Miscellaneous Cash Flow Adjustments	-	-1M	-	-	-1M
Net Change in Cash	-14.86B	5.46B	29.21B	-29.59B	12.04B
Supplemental Items
Cash Interest Paid	96M	90M	101M	165M	287M
Cash Income Tax Paid (Refund)	29.91B	17.86B	22.52B	21.62B	28.51B
Levered Free Cash Flow	39.88B	58.85B	61.96B	15.81B	86.98B
Unlevered Free Cash Flow	39.94B	58.91B	62.02B	15.91B	87.16B
Change In Net Working Capital	7.91B	-9.4B	-5.56B	42.98B	-5.83B
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	0.07	0.05	0.07	0.07	0.09
Return on Total Capital	11.95	11.14	14.04	14.01	17.64
Return On Equity %	15.58	14.63	18.76	18.19	22.97
Return on Common Equity	15.68	14.75	18.97	18.26	23.08
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	33.76	36.22	34.84	34.96	32.99
EBITDA Margin %	66.4	64.11	68.24	66.23	66.86
EBITA Margin %	53.46	49.95	56.27	54.91	57.78
EBIT Margin %	53.46	49.95	56.27	54.91	57.78
Income From Continuing Operations Margin %	37.53	35.24	40.53	38.66	40.96
Net Income Margin %	36.89	34.59	39.79	37.66	39.82
Net Avail. For Common Margin %	36.89	34.59	39.79	37.66	39.82
Normalized Net Income Margin	33.24	31.16	34.99	33.77	35.63
Levered Free Cash Flow Margin	29.45	43.92	40.53	9.74	43.77
Unlevered Free Cash Flow Margin	29.49	43.96	40.57	9.81	43.86
Asset Turnover
Asset Turnover	0	0	0	0	0
Fixed Assets Turnover	11.42	11.13	12.61	14.55	18.61
Receivables Turnover (Average Receivables)	8.96	8.55	8.59	8.25	8.94
Short Term Liquidity
Current Ratio	1	1	1	1	1
Quick Ratio	0	0	0	0	0
Operating Cash Flow to Current Liabilities	0	0	0	0	0
Days Sales Outstanding (Average Receivables)	40.75	42.67	42.58	44.26	40.82
Long Term Solvency
Total Debt/Equity	16.2	16.46	15.5	14.95	14.68
Total Debt / Total Capital	13.94	14.13	13.42	13	12.8
LT Debt/Equity	6.17	6.21	5.9	5.69	-
Long-Term Debt / Total Capital	5.31	5.33	5.11	4.95	-
Total Liabilities / Total Assets	99.55	99.61	99.58	99.59	99.5
EBIT / Interest Expense	762.17	752.07	851.64	536.67	400.08
EBITDA / Interest Expense	946.64	965.22	1.03K	647.28	462.95
(EBITDA - Capex) / Interest Expense	921.97	958.88	967.95	636.95	459.56
Total Debt / EBITDA	0.58	0.62	0.5	0.49	0.4
Net Debt / EBITDA	-0.45	-0.53	-0.72	-0.43	-0.44
Total Debt / (EBITDA - Capex)	0.6	0.62	0.54	0.5	0.4
Net Debt / (EBITDA - Capex)	-0.47	-0.54	-0.77	-0.43	-0.44
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.57	-1.06	14.09	6.12	22.5
Gross Profit, 1 Yr. Growth %	1.57	-1.06	14.09	6.12	22.5
EBITDA, 1 Yr. Growth %	0.95	-4.48	21.43	3.01	23.65
EBITA, 1 Yr. Growth %	0.14	-7.56	28.51	3.57	28.89
EBIT, 1 Yr. Growth %	0.14	-7.56	28.51	3.57	28.89
Earnings From Cont. Operations, 1 Yr. Growth %	-2.28	-7.1	31.21	1.25	29.78
Net Income, 1 Yr. Growth %	-2.79	-7.23	31.25	0.44	29.54
Normalized Net Income, 1 Yr. Growth %	-2.3	-7.25	28.13	2.42	29.23
Diluted EPS Before Extra, 1 Yr. Growth %	-1.72	-6.69	32.78	0.47	30.81
Accounts Receivable, 1 Yr. Growth %	2.47	4.69	22.01	1.23	24.64
Net Property, Plant and Equip., 1 Yr. Growth %	21.8	-15.26	19.55	-31.09	34.84
Total Assets, 1 Yr. Growth %	18.96	15.01	-1.83	5.84	-16.16
Tangible Book Value, 1 Yr. Growth %	-3.44	-2.83	9.69	5.36	3.78
Common Equity, 1 Yr. Growth %	-1.79	-0.92	5	3.8	1.23
Cash From Operations, 1 Yr. Growth %	-18.9	14.93	18.97	8.26	25.09
Capital Expenditures, 1 Yr. Growth %	-18.61	-75.9	1.06K	-73.81	-43.3
Levered Free Cash Flow, 1 Yr. Growth %	-20.4	47.57	5.29	-74.49	450.34
Unlevered Free Cash Flow, 1 Yr. Growth %	-20.38	47.49	5.3	-74.35	447.88
Dividend Per Share, 1 Yr. Growth %	-1.72	-7.02	33.96	0	71.83
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.64	0.24	6.24	10.03	14.02
Gross Profit, 2 Yr. CAGR %	4.64	0.24	6.24	10.03	14.02
EBITDA, 2 Yr. CAGR %	4.36	-1.8	7.7	11.84	12.86
EBITA, 2 Yr. CAGR %	4.68	-3.78	8.99	15.37	15.54
EBIT, 2 Yr. CAGR %	4.68	-3.78	8.99	15.37	15.54
Earnings From Cont. Operations, 2 Yr. CAGR %	2.57	-4.72	10.4	15.26	14.63
Net Income, 2 Yr. CAGR %	2.43	-5.04	10.34	14.82	14.07
Normalized Net Income, 2 Yr. CAGR %	2.94	-4.81	9.01	14.55	15.04
Diluted EPS Before Extra, 2 Yr. CAGR %	3.01	-4.24	11.31	15.5	14.64
Accounts Receivable, 2 Yr. CAGR %	-4.23	3.57	13.02	11.14	12.32
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.17	1.6	0.65	-9.24	-3.61
Total Assets, 2 Yr. CAGR %	3.06	16.96	6.25	1.93	-5.8
Tangible Book Value, 2 Yr. CAGR %	3.69	-3.14	3.24	7.5	4.57
Common Equity, 2 Yr. CAGR %	2.88	-1.36	1.99	4.39	2.5
Cash From Operations, 2 Yr. CAGR %	1.14	-3.45	16.93	13.49	16.37
Capital Expenditures, 2 Yr. CAGR %	39.82	-55.71	67.18	74.27	-61.46
Levered Free Cash Flow, 2 Yr. CAGR %	-1.05	8.38	24.65	-48.18	18.48
Unlevered Free Cash Flow, 2 Yr. CAGR %	-1.05	8.37	24.62	-48.03	18.54
Dividend Per Share, 2 Yr. CAGR %	2.74	-4.41	11.61	15.74	31.08
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.79	2.7	4.66	6.2	14.04
Gross Profit, 3 Yr. CAGR %	3.79	2.7	4.66	6.2	14.04
EBITDA, 3 Yr. CAGR %	4.22	1.33	5.4	6.11	15.65
EBITA, 3 Yr. CAGR %	2.49	0.43	5.96	7.16	19.71
EBIT, 3 Yr. CAGR %	2.49	0.43	5.96	7.16	19.71
Earnings From Cont. Operations, 3 Yr. CAGR %	0.86	-0.76	6	7.26	19.91
Net Income, 3 Yr. CAGR %	0.61	-0.9	5.78	6.94	19.53
Normalized Net Income, 3 Yr. CAGR %	0.95	-0.57	5.1	6.77	19.25
Diluted EPS Before Extra, 3 Yr. CAGR %	1	-0.33	6.78	7.57	20.39
Accounts Receivable, 3 Yr. CAGR %	10.31	-1.34	9.39	8.94	15.47
Net Property, Plant and Equip., 3 Yr. CAGR %	21.34	-9.3	7.26	-11.29	3.56
Total Assets, 3 Yr. CAGR %	9.74	6.9	10.33	6.12	-4.49
Tangible Book Value, 3 Yr. CAGR %	4.56	1.47	0.96	3.94	6.25
Common Equity, 3 Yr. CAGR %	3.46	1.6	0.72	2.59	3.33
Cash From Operations, 3 Yr. CAGR %	3.31	5.55	3.51	13.97	17.23
Capital Expenditures, 3 Yr. CAGR %	-17.29	-22.18	31.51	-9.87	19.86
Levered Free Cash Flow, 3 Yr. CAGR %	64.09	13.05	7.34	-26.54	13.91
Unlevered Free Cash Flow, 3 Yr. CAGR %	63.88	13.03	7.33	-26.42	13.95
Dividend Per Share, 3 Yr. CAGR %	1.2	-0.62	6.97	7.6	32.04
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.65	2.11	4.76	5.57	8.31
Gross Profit, 5 Yr. CAGR %	4.65	2.11	4.76	5.57	8.31
EBITDA, 5 Yr. CAGR %	5.25	1.39	5.6	5.41	8.32
EBITA, 5 Yr. CAGR %	4.59	-0.91	5.04	6.16	9.69
EBIT, 5 Yr. CAGR %	4.59	-0.91	5.04	6.16	9.69
Earnings From Cont. Operations, 5 Yr. CAGR %	3.71	-1.39	4.58	5.36	9.37
Net Income, 5 Yr. CAGR %	3.47	-1.7	4.39	5.11	9.02
Normalized Net Income, 5 Yr. CAGR %	3.65	-1.69	4.1	5.22	8.97
Diluted EPS Before Extra, 5 Yr. CAGR %	4.15	-1.34	5	5.72	9.86
Accounts Receivable, 5 Yr. CAGR %	9.38	6.24	11.39	3.47	10.55
Net Property, Plant and Equip., 5 Yr. CAGR %	20.45	16.21	12.6	-9.28	2.77
Total Assets, 5 Yr. CAGR %	11.6	14.75	8.33	4.88	3.57
Tangible Book Value, 5 Yr. CAGR %	5.65	3.51	4.03	3.84	2.39
Common Equity, 5 Yr. CAGR %	4.12	2.7	2.87	2.71	1.43
Cash From Operations, 5 Yr. CAGR %	4.16	0.26	8.56	8.65	8.47
Capital Expenditures, 5 Yr. CAGR %	16.1	-18.32	9.6	7.43	-19.51
Levered Free Cash Flow, 5 Yr. CAGR %	12.65	9.21	47	-17.25	11.66
Unlevered Free Cash Flow, 5 Yr. CAGR %	12.68	9.2	46.88	-17.17	11.69
Dividend Per Share, 5 Yr. CAGR %	3.93	-1.44	5.24	5.63	16.03