Delayed
Japan Exchange
07:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
1,900
JPY
|
0.00%
|
|
+0.82%
|
+4.14%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
301,080
|
120,694
|
271,295
|
233,179
|
415,829
|
750,421
|
-
|
-
|
Enterprise Value (EV)
1 |
887,544
|
881,288
|
996,757
|
898,118
|
1,119,362
|
1,364,517
|
1,310,775
|
1,258,512
|
P/E ratio
|
8.38
x
|
-1.78
x
|
11.7
x
|
3.69
x
|
5.73
x
|
6.04
x
|
7.71
x
|
7.73
x
|
Yield
|
2.41%
|
-
|
1.34%
|
6.77%
|
3.8%
|
4.74%
|
3.93%
|
3.87%
|
Capitalization / Revenue
|
0.15
x
|
0.06
x
|
0.16
x
|
0.11
x
|
0.17
x
|
0.29
x
|
0.28
x
|
0.28
x
|
EV / Revenue
|
0.45
x
|
0.47
x
|
0.58
x
|
0.43
x
|
0.45
x
|
0.52
x
|
0.49
x
|
0.48
x
|
EV / EBITDA
|
5.88
x
|
7.65
x
|
7.59
x
|
4.66
x
|
5.63
x
|
4.73
x
|
4.92
x
|
4.66
x
|
EV / FCF
|
-13.4
x
|
-4.14
x
|
18.8
x
|
123
x
|
49.9
x
|
15.8
x
|
16.1
x
|
17.2
x
|
FCF Yield
|
-7.47%
|
-24.1%
|
5.31%
|
0.81%
|
2%
|
6.34%
|
6.2%
|
5.82%
|
Price to Book
|
0.41
x
|
0.18
x
|
0.38
x
|
0.29
x
|
0.45
x
|
0.73
x
|
0.69
x
|
0.65
x
|
Nbr of stocks (in thousands)
|
362,310
|
361,358
|
362,694
|
394,550
|
394,899
|
394,959
|
-
|
-
|
Reference price
2 |
831.0
|
334.0
|
748.0
|
591.0
|
1,053
|
1,900
|
1,900
|
1,900
|
Announcement Date
|
09/05/19
|
11/05/20
|
11/05/21
|
11/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,971,869
|
1,869,835
|
1,705,566
|
2,082,582
|
2,472,508
|
2,599,515
|
2,655,932
|
2,644,469
|
EBITDA
1 |
150,871
|
115,209
|
131,254
|
192,769
|
198,870
|
288,245
|
266,243
|
270,293
|
EBIT
1 |
48,282
|
9,863
|
30,398
|
87,622
|
86,365
|
169,072
|
144,634
|
147,198
|
Operating Margin
|
2.45%
|
0.53%
|
1.78%
|
4.21%
|
3.49%
|
6.5%
|
5.45%
|
5.57%
|
Earnings before Tax (EBT)
1 |
48,985
|
-65,565
|
18,748
|
84,013
|
98,066
|
181,300
|
132,325
|
126,300
|
Net income
1 |
35,940
|
-68,008
|
23,234
|
60,083
|
72,566
|
129,172
|
97,314
|
97,105
|
Net margin
|
1.82%
|
-3.64%
|
1.36%
|
2.89%
|
2.93%
|
4.97%
|
3.66%
|
3.67%
|
EPS
2 |
99.20
|
-187.6
|
64.05
|
160.2
|
183.8
|
314.6
|
246.4
|
245.9
|
Free Cash Flow
1 |
-66,335
|
-212,776
|
52,945
|
7,299
|
22,425
|
86,467
|
81,300
|
73,225
|
FCF margin
|
-3.36%
|
-11.38%
|
3.1%
|
0.35%
|
0.91%
|
3.33%
|
3.06%
|
2.77%
|
FCF Conversion (EBITDA)
|
-
|
-
|
40.34%
|
3.79%
|
11.28%
|
30%
|
30.54%
|
27.09%
|
FCF Conversion (Net income)
|
-
|
-
|
227.88%
|
12.15%
|
30.9%
|
66.94%
|
83.54%
|
75.41%
|
Dividend per Share
2 |
20.00
|
-
|
10.00
|
40.00
|
40.00
|
90.00
|
74.67
|
73.50
|
Announcement Date
|
09/05/19
|
11/05/20
|
11/05/21
|
11/05/22
|
11/05/23
|
-
|
-
|
-
|
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 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
---|
Net sales
1 |
944,464
|
925,371
|
776,406
|
929,160
|
508,939
|
972,182
|
512,622
|
597,778
|
1,110,400
|
542,807
|
626,850
|
1,169,657
|
614,981
|
687,870
|
1,302,851
|
598,689
|
655,144
|
1,253,833
|
619,874
|
715,471
|
1,307,200
|
652,359
|
667,722
|
-
|
643,370
|
697,550
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
87,485
|
-
|
-
|
75,521
|
-
|
70,511
|
-
|
-
|
62,406
|
118,955
|
-
|
EBIT
1 |
7,443
|
2,420
|
-27,142
|
57,540
|
21,992
|
46,814
|
29,760
|
11,048
|
40,808
|
8,068
|
11,703
|
19,771
|
34,044
|
32,550
|
66,594
|
34,040
|
58,102
|
92,142
|
46,097
|
34,188
|
77,900
|
33,549
|
39,861
|
68,000
|
32,121
|
42,802
|
69,000
|
Operating Margin
|
0.79%
|
0.26%
|
-3.5%
|
6.19%
|
4.32%
|
4.82%
|
5.81%
|
1.85%
|
3.68%
|
1.49%
|
1.87%
|
1.69%
|
5.54%
|
4.73%
|
5.11%
|
5.69%
|
8.87%
|
7.35%
|
7.44%
|
4.78%
|
5.96%
|
5.14%
|
5.97%
|
-
|
4.99%
|
6.14%
|
-
|
Earnings before Tax (EBT)
|
-2,630
|
-62,935
|
-21,616
|
40,364
|
-
|
44,336
|
34,452
|
-
|
-
|
29,988
|
9,202
|
39,190
|
27,867
|
-
|
-
|
35,904
|
-
|
119,319
|
42,411
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-6,281
|
-
|
-15,209
|
38,443
|
15,600
|
34,519
|
19,579
|
5,985
|
-
|
21,038
|
6,970
|
28,008
|
19,502
|
25,056
|
-
|
25,451
|
54,897
|
80,348
|
29,379
|
21,606
|
-
|
23,443
|
30,286
|
-
|
22,313
|
28,675
|
-
|
Net margin
|
-0.67%
|
-
|
-1.96%
|
4.14%
|
3.07%
|
3.55%
|
3.82%
|
1%
|
-
|
3.88%
|
1.11%
|
2.39%
|
3.17%
|
3.64%
|
-
|
4.25%
|
8.38%
|
6.41%
|
4.74%
|
3.02%
|
-
|
3.59%
|
4.54%
|
-
|
3.47%
|
4.11%
|
-
|
EPS
2 |
-17.32
|
-
|
-41.93
|
106.0
|
-
|
95.16
|
51.41
|
-
|
-
|
53.32
|
-
|
70.96
|
49.39
|
-
|
-
|
64.44
|
139.0
|
203.4
|
74.39
|
91.70
|
-
|
65.54
|
87.53
|
-
|
49.69
|
94.57
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
10.00
|
-
|
-
|
-
|
-
|
-
|
15.00
|
-
|
-
|
25.00
|
-
|
45.00
|
45.00
|
-
|
45.00
|
-
|
-
|
45.00
|
-
|
-
|
45.00
|
-
|
Announcement Date
|
06/11/19
|
11/05/20
|
05/11/20
|
11/05/21
|
05/11/21
|
05/11/21
|
08/02/22
|
11/05/22
|
11/05/22
|
09/08/22
|
09/11/22
|
09/11/22
|
09/02/23
|
11/05/23
|
11/05/23
|
08/08/23
|
09/11/23
|
09/11/23
|
09/02/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
586,464
|
760,594
|
725,462
|
664,939
|
703,533
|
614,096
|
560,354
|
508,090
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.887
x
|
6.602
x
|
5.527
x
|
3.449
x
|
3.538
x
|
2.13
x
|
2.105
x
|
1.88
x
|
Free Cash Flow
1 |
-66,335
|
-212,776
|
52,945
|
7,299
|
22,425
|
86,467
|
81,300
|
73,225
|
ROE (net income / shareholders' equity)
|
4.8%
|
-9.7%
|
3.4%
|
7.9%
|
8.4%
|
12.9%
|
9.22%
|
8.64%
|
ROA (Net income/ Total Assets)
|
1.46%
|
-0.34%
|
0.65%
|
3.51%
|
3.81%
|
4.57%
|
3.3%
|
3.45%
|
Assets
1 |
2,458,377
|
20,187,005
|
3,583,890
|
1,711,508
|
1,903,006
|
2,828,581
|
2,948,911
|
2,814,631
|
Book Value Per Share
2 |
2,041
|
1,811
|
1,959
|
2,066
|
2,314
|
2,596
|
2,762
|
2,935
|
Cash Flow per Share
|
382.0
|
103.0
|
342.0
|
441.0
|
469.0
|
-
|
-
|
-
|
Capex
1 |
133,471
|
239,816
|
185,091
|
109,493
|
97,302
|
129,970
|
129,507
|
136,470
|
Capex / Sales
|
6.77%
|
12.83%
|
10.85%
|
5.26%
|
3.94%
|
5%
|
4.88%
|
5.16%
|
Announcement Date
|
09/05/19
|
11/05/20
|
11/05/21
|
11/05/22
|
11/05/23
|
-
|
-
|
-
|
Last Close Price
1,900
JPY Average target price
2,067
JPY Spread / Average Target +8.77% Consensus |
1st Jan change
|
Capi.
|
---|
| +4.14% | 4.77B | | +0.79% | 42.1B | | +18.89% | 24.83B | | -21.02% | 21.75B | | +13.50% | 21.17B | | -7.50% | 20.77B | | +6.63% | 20.15B | | +6.81% | 9.44B | | -12.44% | 8.5B | | -23.08% | 8.41B |
Other Steel
|