Delayed
Japan Exchange
03:26:29 30/04/2024 BST
|
5-day change
|
1st Jan Change
|
1,977
JPY
|
+2.44%
|
|
-13.13%
|
-9.56%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
80,881
|
83,961
|
96,430
|
87,212
|
75,281
|
84,178
|
-
|
-
|
Enterprise Value (EV)
1 |
66,025
|
82,835
|
89,329
|
78,328
|
77,954
|
100,010
|
79,156
|
75,354
|
P/E ratio
|
15.6
x
|
16.7
x
|
14.7
x
|
14
x
|
12
x
|
14.5
x
|
12.6
x
|
11.4
x
|
Yield
|
1.99%
|
1.84%
|
1.81%
|
2%
|
2.43%
|
2.01%
|
2.59%
|
2.52%
|
Capitalization / Revenue
|
0.69
x
|
0.65
x
|
0.72
x
|
0.64
x
|
0.5
x
|
0.6
x
|
0.5
x
|
0.49
x
|
EV / Revenue
|
0.56
x
|
0.64
x
|
0.67
x
|
0.58
x
|
0.52
x
|
0.6
x
|
0.47
x
|
0.44
x
|
EV / EBITDA
|
-
|
8.75
x
|
7.26
x
|
7.95
x
|
7.36
x
|
8.1
x
|
7.12
x
|
5.9
x
|
EV / FCF
|
11.6
x
|
28.4
x
|
9.24
x
|
14.4
x
|
-7.22
x
|
7.81
x
|
11
x
|
9.66
x
|
FCF Yield
|
8.6%
|
3.53%
|
10.8%
|
6.93%
|
-13.8%
|
12.8%
|
9.1%
|
10.4%
|
Price to Book
|
1.37
x
|
1.7
x
|
1.81
x
|
1.47
x
|
1.15
x
|
1.37
x
|
1.1
x
|
1.07
x
|
Nbr of stocks (in thousands)
|
51,847
|
43,447
|
43,535
|
43,562
|
43,590
|
43,616
|
-
|
-
|
Reference price
2 |
1,560
|
1,932
|
2,215
|
2,002
|
1,727
|
1,930
|
1,930
|
1,930
|
Announcement Date
|
25/04/19
|
27/04/20
|
27/04/21
|
27/04/22
|
26/04/23
|
24/04/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
117,342
|
128,723
|
133,355
|
135,557
|
150,716
|
165,561
|
168,600
|
172,150
|
EBITDA
1 |
-
|
9,469
|
12,303
|
9,857
|
10,595
|
12,347
|
11,120
|
12,770
|
EBIT
1 |
7,607
|
8,223
|
10,863
|
8,146
|
8,688
|
9,903
|
9,980
|
11,017
|
Operating Margin
|
6.48%
|
6.39%
|
8.15%
|
6.01%
|
5.76%
|
5.98%
|
5.92%
|
6.4%
|
Earnings before Tax (EBT)
1 |
7,624
|
8,132
|
11,053
|
8,751
|
9,068
|
10,490
|
10,000
|
10,500
|
Net income
1 |
5,170
|
5,677
|
6,542
|
6,245
|
6,252
|
6,875
|
6,689
|
7,353
|
Net margin
|
4.41%
|
4.41%
|
4.91%
|
4.61%
|
4.15%
|
4.15%
|
3.97%
|
4.27%
|
EPS
2 |
99.73
|
115.8
|
150.5
|
143.4
|
143.5
|
157.7
|
152.8
|
169.2
|
Free Cash Flow
1 |
5,681
|
2,921
|
9,669
|
5,429
|
-10,792
|
10,400
|
7,200
|
7,800
|
FCF margin
|
4.84%
|
2.27%
|
7.25%
|
4%
|
-7.16%
|
6.65%
|
4.27%
|
4.53%
|
FCF Conversion (EBITDA)
|
-
|
30.85%
|
78.59%
|
55.08%
|
-
|
86.14%
|
64.75%
|
61.08%
|
FCF Conversion (Net income)
|
109.88%
|
51.45%
|
147.8%
|
86.93%
|
-
|
154.66%
|
107.63%
|
106.08%
|
Dividend per Share
2 |
31.00
|
35.50
|
40.00
|
40.00
|
42.00
|
46.00
|
50.00
|
48.67
|
Announcement Date
|
25/04/19
|
27/04/20
|
27/04/21
|
27/04/22
|
26/04/23
|
24/04/24
|
-
|
-
|
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
|
---|
Net sales
1 |
34,052
|
94,671
|
33,980
|
99,375
|
23,548
|
39,482
|
27,115
|
68,960
|
96,075
|
19,918
|
26,812
|
46,730
|
31,018
|
72,968
|
103,986
|
21,161
|
31,850
|
53,011
|
38,000
|
74,831
|
112,550
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-2,957
|
11,180
|
-3,458
|
14,321
|
-381
|
-3,209
|
569
|
10,786
|
11,355
|
-1,932
|
-1,052
|
-2,984
|
961
|
10,711
|
11,672
|
-2,522
|
-260
|
-2,782
|
3,000
|
9,812
|
12,685
|
Operating Margin
|
-8.68%
|
11.81%
|
-10.18%
|
14.41%
|
-1.62%
|
-8.13%
|
2.1%
|
15.64%
|
11.82%
|
-9.7%
|
-3.92%
|
-6.39%
|
3.1%
|
14.68%
|
11.22%
|
-11.92%
|
-0.82%
|
-5.25%
|
7.89%
|
13.11%
|
11.27%
|
Earnings before Tax (EBT)
|
-3,077
|
11,209
|
-3,547
|
14,600
|
-385
|
-3,082
|
702
|
11,131
|
11,833
|
-1,142
|
-777
|
-1,919
|
491
|
10,496
|
10,987
|
-2,141
|
-139
|
-2,280
|
2,602
|
-
|
-
|
Net income
1 |
-2,202
|
7,879
|
-2,706
|
9,248
|
-313
|
-2,391
|
567
|
8,069
|
8,636
|
-951
|
-636
|
-1,587
|
271
|
7,568
|
7,839
|
-1,895
|
-304
|
-2,199
|
2,000
|
7,314
|
9,074
|
Net margin
|
-6.47%
|
8.32%
|
-7.96%
|
9.31%
|
-1.33%
|
-6.06%
|
2.09%
|
11.7%
|
8.99%
|
-4.77%
|
-2.37%
|
-3.4%
|
0.87%
|
10.37%
|
7.54%
|
-8.96%
|
-0.95%
|
-4.15%
|
5.26%
|
9.77%
|
8.06%
|
EPS
2 |
-42.48
|
-
|
-62.31
|
-
|
-7.200
|
-54.93
|
13.04
|
185.3
|
-
|
-21.85
|
-14.59
|
-36.44
|
6.230
|
173.7
|
-
|
-43.48
|
-
|
-50.45
|
40.38
|
167.7
|
-
|
Dividend per Share
2 |
15.50
|
-
|
20.00
|
-
|
20.00
|
20.00
|
-
|
20.00
|
-
|
-
|
20.00
|
20.00
|
-
|
22.00
|
-
|
-
|
22.00
|
22.00
|
-
|
24.00
|
-
|
Announcement Date
|
29/10/19
|
27/04/20
|
28/10/20
|
27/04/21
|
27/10/21
|
27/10/21
|
27/01/22
|
27/04/22
|
27/04/22
|
27/07/22
|
28/10/22
|
28/10/22
|
31/01/23
|
26/04/23
|
26/04/23
|
26/07/23
|
26/10/23
|
26/10/23
|
31/01/24
|
24/04/24
|
24/04/24
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
2,673
|
-
|
-
|
-
|
Net Cash position
1 |
14,856
|
1,126
|
7,101
|
8,884
|
-
|
2,912
|
5,022
|
8,824
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
0.2523
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
5,681
|
2,921
|
9,669
|
5,429
|
-10,792
|
10,400
|
7,200
|
7,800
|
ROE (net income / shareholders' equity)
|
9.1%
|
10.5%
|
12.7%
|
11.1%
|
10.1%
|
10%
|
9.08%
|
9.71%
|
ROA (Net income/ Total Assets)
|
5.97%
|
6.45%
|
8.82%
|
6.62%
|
6.58%
|
6.73%
|
3.8%
|
4.1%
|
Assets
1 |
86,668
|
87,992
|
74,181
|
94,292
|
95,062
|
102,089
|
176,038
|
179,346
|
Book Value Per Share
2 |
1,136
|
1,138
|
1,224
|
1,360
|
1,496
|
1,672
|
1,749
|
1,811
|
Cash Flow per Share
|
126.0
|
138.0
|
179.0
|
177.0
|
181.0
|
207.0
|
-
|
-
|
Capex
1 |
555
|
600
|
735
|
1,206
|
3,174
|
1,400
|
1,500
|
1,600
|
Capex / Sales
|
0.47%
|
0.47%
|
0.55%
|
0.89%
|
2.11%
|
0.9%
|
0.89%
|
0.93%
|
Announcement Date
|
25/04/19
|
27/04/20
|
27/04/21
|
27/04/22
|
26/04/23
|
24/04/24
|
-
|
-
|
Last Close Price
1,930
JPY Average target price
2,393
JPY Spread / Average Target +24.01% Consensus |
1st Jan change
|
Capi.
|
---|
| -9.56% | 535M | | +118.13% | 681M | | +82.06% | 636M | | -18.29% | 569M | | -6.54% | 515M | | -7.55% | 476M | | -21.05% | 354M | | -47.97% | 319M | | +49.01% | 222M | | +13.00% | 174M |
Water & Sewage Construction
|