Market Closed -
Japan Exchange
07:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
519.3
JPY
|
+0.95%
|
|
-3.12%
|
+25.80%
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
538,607
|
217,227
|
296,061
|
254,700
|
281,022
|
256,771
|
-
|
-
|
Enterprise Value (EV)
1 |
687,513
|
416,620
|
582,937
|
585,684
|
668,738
|
615,912
|
591,725
|
563,155
|
P/E ratio
|
12.9
x
|
-70.7
x
|
-19.5
x
|
-9.75
x
|
-2.72
x
|
42.9
x
|
16
x
|
11.7
x
|
Yield
|
2.75%
|
5.69%
|
4.17%
|
5.81%
|
1.76%
|
0.96%
|
1.71%
|
1.71%
|
Capitalization / Revenue
|
0.51
x
|
0.22
x
|
0.34
x
|
0.28
x
|
0.25
x
|
0.22
x
|
0.22
x
|
0.22
x
|
EV / Revenue
|
0.65
x
|
0.42
x
|
0.68
x
|
0.64
x
|
0.59
x
|
0.53
x
|
0.51
x
|
0.48
x
|
EV / EBITDA
|
5.66
x
|
4.88
x
|
9.51
x
|
11
x
|
-33.7
x
|
7.5
x
|
6.5
x
|
5.55
x
|
EV / FCF
|
44.1
x
|
-21
x
|
13.3
x
|
-43.2
x
|
-27.7
x
|
18.4
x
|
13.7
x
|
13.8
x
|
FCF Yield
|
2.27%
|
-4.75%
|
7.5%
|
-2.32%
|
-3.6%
|
5.43%
|
7.3%
|
7.26%
|
Price to Book
|
0.97
x
|
0.41
x
|
0.55
x
|
0.46
x
|
0.58
x
|
0.51
x
|
0.5
x
|
0.49
x
|
Nbr of stocks (in thousands)
|
494,589
|
494,823
|
493,434
|
493,604
|
493,888
|
494,455
|
-
|
-
|
Reference price
2 |
1,089
|
439.0
|
600.0
|
516.0
|
569.0
|
519.3
|
519.3
|
519.3
|
Announcement Date
|
13/05/19
|
26/05/20
|
14/05/21
|
12/05/22
|
15/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,059,120
|
996,101
|
863,381
|
911,426
|
1,130,397
|
1,153,352
|
1,163,933
|
1,165,996
|
EBITDA
1 |
121,483
|
85,316
|
61,302
|
53,457
|
-19,830
|
82,097
|
91,024
|
101,493
|
EBIT
1 |
62,444
|
8,211
|
-16,266
|
-22,297
|
-95,125
|
20,279
|
31,152
|
38,567
|
Operating Margin
|
5.9%
|
0.82%
|
-1.88%
|
-2.45%
|
-8.42%
|
1.76%
|
2.68%
|
3.31%
|
Earnings before Tax (EBT)
1 |
60,138
|
284
|
-20,000
|
-23,617
|
-101,872
|
12,493
|
21,322
|
30,849
|
Net income
1 |
41,705
|
-3,073
|
-15,211
|
-26,123
|
-103,153
|
5,969
|
16,093
|
21,863
|
Net margin
|
3.94%
|
-0.31%
|
-1.76%
|
-2.87%
|
-9.13%
|
0.52%
|
1.38%
|
1.88%
|
EPS
2 |
84.33
|
-6.210
|
-30.75
|
-52.93
|
-208.9
|
12.10
|
32.54
|
44.38
|
Free Cash Flow
1 |
15,600
|
-19,800
|
43,730
|
-13,561
|
-24,100
|
33,425
|
43,200
|
40,861
|
FCF margin
|
1.47%
|
-1.99%
|
5.06%
|
-1.49%
|
-2.13%
|
2.9%
|
3.71%
|
3.5%
|
FCF Conversion (EBITDA)
|
12.84%
|
-
|
71.34%
|
-
|
-
|
40.71%
|
47.46%
|
40.26%
|
FCF Conversion (Net income)
|
37.41%
|
-
|
-
|
-
|
-
|
559.96%
|
268.43%
|
186.89%
|
Dividend per Share
2 |
30.00
|
25.00
|
25.00
|
30.00
|
10.00
|
5.000
|
8.889
|
8.889
|
Announcement Date
|
13/05/19
|
26/05/20
|
14/05/21
|
12/05/22
|
15/05/23
|
-
|
-
|
-
|
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 |
497,488
|
498,613
|
384,659
|
478,722
|
215,244
|
445,104
|
216,420
|
249,902
|
466,322
|
247,849
|
282,894
|
530,743
|
290,283
|
309,300
|
599,654
|
266,408
|
286,355
|
552,763
|
289,205
|
311,774
|
595,487
|
274,867
|
286,833
|
575,000
|
291,467
|
308,767
|
625,000
|
EBITDA
|
-
|
-
|
-
|
-
|
14,095
|
-
|
10,231
|
7,034
|
-
|
7,834
|
24,743
|
-
|
27,415
|
-79,822
|
-
|
14,159
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
5,433
|
2,778
|
-27,876
|
11,610
|
-4,666
|
-1,563
|
-8,595
|
-12,138
|
-20,734
|
-11,002
|
5,864
|
-5,138
|
8,526
|
-98,513
|
-89,987
|
-4,406
|
5,191
|
785
|
7,780
|
12,210
|
19,715
|
1,200
|
6,667
|
2,800
|
9,467
|
4,650
|
23,200
|
Operating Margin
|
1.09%
|
0.56%
|
-7.25%
|
2.43%
|
-2.17%
|
-0.35%
|
-3.97%
|
-4.86%
|
-4.45%
|
-4.44%
|
2.07%
|
-0.97%
|
2.94%
|
-31.85%
|
-15.01%
|
-1.65%
|
1.81%
|
0.14%
|
2.69%
|
3.92%
|
3.31%
|
0.44%
|
2.32%
|
0.49%
|
3.25%
|
1.51%
|
3.71%
|
Earnings before Tax (EBT)
1 |
1,561
|
-1,277
|
-30,899
|
10,899
|
-5,291
|
-2,742
|
-9,332
|
-11,543
|
-20,875
|
-7,598
|
4,486
|
-3,111
|
2,262
|
-101,000
|
-98,761
|
-5,788
|
2,041
|
-3,746
|
2,096
|
19,869
|
21,966
|
-4,500
|
4,300
|
-200
|
8,700
|
11,500
|
20,200
|
Net income
1 |
106
|
-3,179
|
-22,249
|
7,038
|
-5,294
|
-4,316
|
-8,929
|
-12,878
|
-21,807
|
-8,731
|
1,989
|
-6,742
|
3,485
|
-99,800
|
-96,411
|
-5,566
|
1,073
|
-4,492
|
343
|
9,213
|
11,624
|
-3,829
|
3,708
|
-121
|
7,477
|
9,875
|
17,351
|
Net margin
|
0.02%
|
-0.64%
|
-5.78%
|
1.47%
|
-2.46%
|
-0.97%
|
-4.13%
|
-5.15%
|
-4.68%
|
-3.52%
|
0.7%
|
-1.27%
|
1.2%
|
-32.27%
|
-16.08%
|
-2.09%
|
0.37%
|
-0.81%
|
0.12%
|
2.95%
|
1.95%
|
-1.39%
|
1.29%
|
-0.02%
|
2.57%
|
3.2%
|
2.78%
|
EPS
2 |
0.2100
|
-6.420
|
-44.93
|
14.18
|
-10.73
|
-8.750
|
-18.09
|
-26.09
|
-44.18
|
-17.69
|
4.030
|
-13.66
|
7.060
|
-202.3
|
-195.0
|
-11.27
|
2.180
|
-9.090
|
0.7000
|
19.40
|
23.55
|
-7.700
|
7.500
|
-0.2000
|
15.10
|
20.00
|
35.10
|
Dividend per Share
2 |
15.00
|
10.00
|
10.00
|
15.00
|
15.00
|
15.00
|
-
|
15.00
|
15.00
|
-
|
10.00
|
10.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
5.000
|
5.000
|
-
|
-
|
-
|
-
|
5.000
|
5.000
|
Announcement Date
|
01/11/19
|
26/05/20
|
29/10/20
|
14/05/21
|
02/11/21
|
02/11/21
|
01/02/22
|
12/05/22
|
12/05/22
|
28/07/22
|
02/11/22
|
02/11/22
|
02/02/23
|
15/05/23
|
15/05/23
|
01/08/23
|
02/11/23
|
02/11/23
|
01/02/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
148,906
|
199,393
|
286,876
|
330,984
|
387,716
|
359,141
|
334,955
|
306,384
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.226
x
|
2.337
x
|
4.68
x
|
6.192
x
|
-19.55
x
|
4.375
x
|
3.68
x
|
3.019
x
|
Free Cash Flow
1 |
15,600
|
-19,800
|
43,730
|
-13,561
|
-24,100
|
33,425
|
43,200
|
40,861
|
ROE (net income / shareholders' equity)
|
7.7%
|
-0.6%
|
-2.9%
|
-4.8%
|
-19.9%
|
1.28%
|
3.36%
|
4.86%
|
ROA (Net income/ Total Assets)
|
4.96%
|
0.02%
|
-1.55%
|
-1.79%
|
-7.5%
|
0.6%
|
1.08%
|
1.08%
|
Assets
1 |
840,124
|
-13,501,757
|
979,787
|
1,458,888
|
1,375,942
|
994,860
|
1,487,355
|
2,025,296
|
Book Value Per Share
2 |
1,123
|
1,058
|
1,094
|
1,114
|
987.0
|
1,015
|
1,035
|
1,067
|
Cash Flow per Share
2 |
204.0
|
150.0
|
126.0
|
101.0
|
-56.40
|
155.0
|
128.0
|
130.0
|
Capex
1 |
52,500
|
50,800
|
57,700
|
42,400
|
43,800
|
50,000
|
47,500
|
45,000
|
Capex / Sales
|
4.96%
|
5.1%
|
6.68%
|
4.65%
|
3.87%
|
4.34%
|
4.08%
|
3.86%
|
Announcement Date
|
13/05/19
|
26/05/20
|
14/05/21
|
12/05/22
|
15/05/23
|
-
|
-
|
-
|
Last Close Price
519.3
JPY Average target price
493
JPY Spread / Average Target -5.06% Consensus |
1st Jan change
|
Capi.
|
---|
| +25.80% | 1.63B | | +16.41% | 26.44B | | +23.59% | 5.15B | | +24.24% | 4.54B | | -16.19% | 1.08B | | +8.01% | 1.06B | | -35.45% | 910M | | -6.14% | 734M | | +2.55% | 447M | | -18.64% | 315M |
Other Office Equipment
|