Market Closed -
Japan Exchange
07:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
1,878
JPY
|
-0.29%
|
|
+4.92%
|
-19.52%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,203,136
|
2,168,012
|
5,138,636
|
3,033,456
|
2,241,071
|
1,274,857
|
-
|
-
|
Enterprise Value (EV)
1 |
1,175,598
|
2,120,064
|
5,033,806
|
2,892,240
|
2,133,134
|
1,451,044
|
1,114,709
|
1,090,505
|
P/E ratio
|
61.4
x
|
100
x
|
136
x
|
47.5
x
|
45.7
x
|
32
x
|
25.5
x
|
21.3
x
|
Yield
|
0.38%
|
0.27%
|
0.16%
|
0.36%
|
0.58%
|
1.11%
|
1.16%
|
1.33%
|
Capitalization / Revenue
|
10.6
x
|
16.6
x
|
30.4
x
|
14.6
x
|
9.71
x
|
6.07
x
|
4.84
x
|
4.35
x
|
EV / Revenue
|
10.4
x
|
16.2
x
|
29.8
x
|
13.9
x
|
9.24
x
|
6.07
x
|
4.24
x
|
3.72
x
|
EV / EBITDA
|
36.5
x
|
54.6
x
|
79
x
|
28.5
x
|
26.9
x
|
14.3
x
|
14.2
x
|
11.7
x
|
EV / FCF
|
131
x
|
-91.8
x
|
100
x
|
101
x
|
60.6
x
|
27.6
x
|
26.1
x
|
22.8
x
|
FCF Yield
|
0.76%
|
-1.09%
|
1%
|
0.99%
|
1.65%
|
3.63%
|
3.83%
|
4.39%
|
Price to Book
|
12.2
x
|
13.1
x
|
25.8
x
|
11.8
x
|
7.43
x
|
4.14
x
|
3.41
x
|
3.13
x
|
Nbr of stocks (in thousands)
|
647,892
|
678,564
|
678,726
|
678,777
|
678,907
|
679,018
|
-
|
-
|
Reference price
2 |
1,857
|
3,195
|
7,571
|
4,469
|
3,301
|
1,878
|
1,878
|
1,878
|
Announcement Date
|
24/04/19
|
15/05/20
|
23/04/21
|
27/04/22
|
28/04/23
|
26/04/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
113,059
|
130,973
|
169,198
|
208,159
|
230,818
|
238,883
|
263,162
|
293,269
|
EBITDA
1 |
32,191
|
38,830
|
63,708
|
101,415
|
79,417
|
79,340
|
78,728
|
92,879
|
EBIT
1 |
30,800
|
34,337
|
57,972
|
95,141
|
71,983
|
64,381
|
75,381
|
86,081
|
Operating Margin
|
27.24%
|
26.22%
|
34.26%
|
45.71%
|
31.19%
|
26.95%
|
28.64%
|
29.35%
|
Earnings before Tax (EBT)
1 |
30,942
|
34,610
|
58,264
|
96,187
|
74,318
|
68,840
|
75,362
|
91,826
|
Net income
1 |
19,577
|
21,635
|
37,822
|
63,845
|
49,028
|
45,271
|
48,225
|
59,728
|
Net margin
|
17.32%
|
16.52%
|
22.35%
|
30.67%
|
21.24%
|
18.95%
|
18.33%
|
20.37%
|
EPS
2 |
30.22
|
31.89
|
55.73
|
94.06
|
72.22
|
66.68
|
73.66
|
87.97
|
Free Cash Flow
1 |
8,966
|
-23,094
|
50,219
|
28,701
|
35,180
|
41,249
|
42,716
|
47,871
|
FCF margin
|
7.93%
|
-17.63%
|
29.68%
|
13.79%
|
15.24%
|
17.1%
|
16.23%
|
16.32%
|
FCF Conversion (EBITDA)
|
27.85%
|
-
|
78.83%
|
28.3%
|
44.3%
|
51.99%
|
54.26%
|
51.54%
|
FCF Conversion (Net income)
|
45.8%
|
-
|
132.78%
|
44.95%
|
71.75%
|
83.73%
|
88.58%
|
80.15%
|
Dividend per Share
2 |
7.000
|
8.500
|
12.00
|
16.00
|
19.00
|
20.75
|
21.84
|
24.89
|
Announcement Date
|
24/04/19
|
15/05/20
|
23/04/21
|
27/04/22
|
28/04/23
|
26/04/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
61,545
|
69,428
|
75,022
|
94,176
|
51,244
|
97,647
|
56,522
|
53,990
|
56,996
|
55,620
|
112,616
|
62,539
|
55,663
|
118,202
|
57,396
|
58,399
|
115,795
|
63,394
|
59,694
|
62,658
|
63,570
|
71,400
|
68,422
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
18,075
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
16,549
|
17,788
|
23,931
|
34,041
|
37,290
|
61,941
|
22,686
|
10,514
|
18,695
|
17,598
|
36,293
|
22,441
|
15,980
|
35,690
|
18,004
|
16,555
|
34,559
|
20,404
|
9,418
|
17,171
|
16,173
|
23,926
|
17,405
|
Operating Margin
|
26.89%
|
25.62%
|
31.9%
|
36.15%
|
72.77%
|
63.43%
|
40.14%
|
19.47%
|
32.8%
|
31.64%
|
32.23%
|
35.88%
|
28.71%
|
30.19%
|
31.37%
|
28.35%
|
29.84%
|
32.19%
|
15.78%
|
27.4%
|
25.44%
|
33.51%
|
25.44%
|
Earnings before Tax (EBT)
1 |
16,597
|
18,013
|
23,943
|
34,321
|
37,469
|
62,232
|
22,945
|
11,010
|
19,748
|
18,319
|
38,067
|
22,182
|
14,069
|
36,251
|
19,831
|
17,491
|
37,322
|
20,003
|
11,515
|
16,883
|
15,342
|
27,115
|
14,860
|
Net income
1 |
9,825
|
11,810
|
14,710
|
23,112
|
25,019
|
40,788
|
15,381
|
7,676
|
12,127
|
11,933
|
24,060
|
15,219
|
9,749
|
24,968
|
12,414
|
10,992
|
23,406
|
13,208
|
8,657
|
10,890
|
9,819
|
18,006
|
9,484
|
Net margin
|
15.96%
|
17.01%
|
19.61%
|
24.54%
|
48.82%
|
41.77%
|
27.21%
|
14.22%
|
21.28%
|
21.45%
|
21.36%
|
24.34%
|
17.51%
|
21.12%
|
21.63%
|
18.82%
|
20.21%
|
20.83%
|
14.5%
|
17.38%
|
15.45%
|
25.22%
|
13.86%
|
EPS
2 |
14.48
|
-
|
21.68
|
-
|
36.86
|
60.09
|
22.66
|
11.31
|
17.86
|
-
|
35.44
|
22.42
|
14.36
|
-
|
18.29
|
16.18
|
34.47
|
19.46
|
12.75
|
13.25
|
13.11
|
22.09
|
18.85
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
16.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
21.00
|
-
|
-
|
-
|
24.00
|
Announcement Date
|
25/10/19
|
15/05/20
|
30/10/20
|
23/04/21
|
27/10/21
|
27/10/21
|
02/02/22
|
27/04/22
|
27/07/22
|
02/11/22
|
02/11/22
|
03/02/23
|
28/04/23
|
28/04/23
|
28/07/23
|
27/10/23
|
27/10/23
|
31/01/24
|
26/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
27,538
|
47,948
|
104,830
|
141,216
|
107,937
|
137,243
|
160,148
|
184,353
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
8,966
|
-23,094
|
50,219
|
28,701
|
35,180
|
41,249
|
42,716
|
47,871
|
ROE (net income / shareholders' equity)
|
21.6%
|
16.3%
|
20.7%
|
27.9%
|
17.5%
|
13.8%
|
13.3%
|
15.3%
|
ROA (Net income/ Total Assets)
|
15.4%
|
19.3%
|
23.5%
|
31.1%
|
19.9%
|
15.4%
|
14.3%
|
14.4%
|
Assets
1 |
126,874
|
112,252
|
160,652
|
205,468
|
246,277
|
293,112
|
337,207
|
413,956
|
Book Value Per Share
2 |
152.0
|
244.0
|
294.0
|
379.0
|
444.0
|
516.0
|
551.0
|
600.0
|
Cash Flow per Share
2 |
32.40
|
38.50
|
64.20
|
103.0
|
83.20
|
79.80
|
86.40
|
97.90
|
Capex
1 |
677
|
1,848
|
1,989
|
3,721
|
5,911
|
6,682
|
6,250
|
7,159
|
Capex / Sales
|
0.6%
|
1.41%
|
1.18%
|
1.79%
|
2.56%
|
2.77%
|
2.37%
|
2.44%
|
Announcement Date
|
24/04/19
|
15/05/20
|
23/04/21
|
27/04/22
|
28/04/23
|
26/04/24
|
-
|
-
|
Last Close Price
1,878
JPY Average target price
2,484
JPY Spread / Average Target +32.31% Consensus |
1st Jan change
|
Capi.
|
---|
| -19.52% | 8.1B | | +18.66% | 414B | | +15.27% | 242B | | +12.15% | 144B | | +20.63% | 104B | | +17.19% | 83.87B | | +54.11% | 57.64B | | +33.59% | 53.37B | | +6.02% | 37.83B | | +15.88% | 32.51B |
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