Market Closed -
Japan Exchange
07:00:00 26/06/2024 BST
|
5-day change
|
1st Jan Change
|
13,265
JPY
|
+2.00%
|
|
+4.28%
|
+58.86%
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Capitalization
1 |
1,025,023
|
1,776,673
|
1,403,157
|
1,358,384
|
2,928,366
|
3,465,245
|
-
|
-
|
Enterprise Value (EV)
1 |
1,341,190
|
1,956,184
|
1,552,201
|
1,484,571
|
3,000,520
|
3,391,345
|
3,211,570
|
3,030,270
|
P/E ratio
|
10.2
x
|
11.7
x
|
9.93
x
|
12
x
|
19.6
x
|
22.2
x
|
19
x
|
17
x
|
Yield
|
1.77%
|
1.38%
|
1.94%
|
2.16%
|
1.09%
|
1.07%
|
1.26%
|
1.47%
|
Capitalization / Revenue
|
0.33
x
|
0.59
x
|
0.47
x
|
0.41
x
|
0.84
x
|
1.01
x
|
0.97
x
|
0.94
x
|
EV / Revenue
|
0.43
x
|
0.65
x
|
0.51
x
|
0.45
x
|
0.86
x
|
0.99
x
|
0.9
x
|
0.82
x
|
EV / EBITDA
|
4.56
x
|
6.09
x
|
4.96
x
|
4.2
x
|
7.99
x
|
8.05
x
|
7.07
x
|
6.27
x
|
EV / FCF
|
7.09
x
|
12.8
x
|
18.4
x
|
14.5
x
|
17.2
x
|
17.9
x
|
14.6
x
|
11.8
x
|
FCF Yield
|
14.1%
|
7.79%
|
5.42%
|
6.91%
|
5.82%
|
5.57%
|
6.85%
|
8.5%
|
Price to Book
|
1.12
x
|
1.36
x
|
0.93
x
|
0.84
x
|
1.53
x
|
1.71
x
|
1.65
x
|
1.5
x
|
Nbr of stocks (in thousands)
|
259,828
|
272,496
|
272,458
|
266,350
|
266,457
|
266,455
|
-
|
-
|
Reference price
2 |
3,945
|
6,520
|
5,150
|
5,100
|
10,990
|
13,005
|
13,005
|
13,005
|
Announcement Date
|
12/05/20
|
12/05/21
|
28/04/22
|
28/04/23
|
26/04/24
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
3,095,234
|
2,994,023
|
3,014,095
|
3,313,018
|
3,477,262
|
3,423,225
|
3,572,838
|
3,693,831
|
EBITDA
1 |
293,969
|
321,372
|
313,064
|
353,745
|
375,712
|
421,213
|
454,254
|
483,523
|
EBIT
1 |
127,609
|
153,759
|
132,525
|
170,447
|
188,012
|
230,288
|
268,712
|
299,175
|
Operating Margin
|
4.12%
|
5.14%
|
4.4%
|
5.14%
|
5.41%
|
6.73%
|
7.52%
|
8.1%
|
Earnings before Tax (EBT)
1 |
123,969
|
157,831
|
144,436
|
167,671
|
185,011
|
237,077
|
273,631
|
305,151
|
Net income
1 |
99,967
|
149,606
|
141,277
|
114,500
|
149,521
|
156,078
|
182,466
|
204,343
|
Net margin
|
3.23%
|
5%
|
4.69%
|
3.46%
|
4.3%
|
4.56%
|
5.11%
|
5.53%
|
EPS
2 |
385.0
|
557.2
|
518.5
|
424.5
|
561.2
|
585.8
|
683.4
|
766.9
|
Free Cash Flow
1 |
189,038
|
152,416
|
84,140
|
102,536
|
174,729
|
188,975
|
220,040
|
257,450
|
FCF margin
|
6.11%
|
5.09%
|
2.79%
|
3.09%
|
5.02%
|
5.52%
|
6.16%
|
6.97%
|
FCF Conversion (EBITDA)
|
64.31%
|
47.43%
|
26.88%
|
28.99%
|
46.51%
|
44.86%
|
48.44%
|
53.24%
|
FCF Conversion (Net income)
|
189.1%
|
101.88%
|
59.56%
|
89.55%
|
116.86%
|
121.08%
|
120.59%
|
125.99%
|
Dividend per Share
2 |
70.00
|
90.00
|
100.0
|
110.0
|
120.0
|
139.2
|
164.1
|
191.7
|
Announcement Date
|
12/05/20
|
12/05/21
|
28/04/22
|
28/04/23
|
26/04/24
|
-
|
-
|
-
|
Fiscal Period: March |
2020 S2
|
2021 S1
|
2021 S2
|
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
|
2026 Q1
|
---|
Net sales
1 |
1,646,241
|
1,315,030
|
1,678,993
|
1,382,805
|
713,551
|
917,739
|
1,631,290
|
659,669
|
795,702
|
1,455,371
|
813,888
|
1,043,759
|
1,857,647
|
706,542
|
842,259
|
1,548,801
|
844,475
|
1,083,986
|
1,928,461
|
691,400
|
831,200
|
1,519,000
|
824,200
|
1,061,200
|
1,921,000
|
-
|
EBITDA
1 |
-
|
-
|
-
|
-
|
69,818
|
136,746
|
-
|
28,862
|
74,836
|
-
|
91,594
|
158,453
|
-
|
37,930
|
83,239
|
-
|
90,027
|
164,516
|
-
|
50,791
|
103,430
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
80,753
|
19,973
|
133,786
|
23,205
|
24,057
|
85,263
|
109,320
|
-15,341
|
29,208
|
13,867
|
43,232
|
113,348
|
156,580
|
-8,125
|
36,120
|
27,995
|
41,820
|
118,197
|
160,017
|
-875
|
42,195
|
37,500
|
45,000
|
143,340
|
187,500
|
-
|
Operating Margin
|
4.91%
|
1.52%
|
7.97%
|
1.68%
|
3.37%
|
9.29%
|
6.7%
|
-2.33%
|
3.67%
|
0.95%
|
5.31%
|
10.86%
|
8.43%
|
-1.15%
|
4.29%
|
1.81%
|
4.95%
|
10.9%
|
8.3%
|
-0.13%
|
5.08%
|
2.47%
|
5.46%
|
13.51%
|
9.76%
|
-
|
Earnings before Tax (EBT)
1 |
77,854
|
19,363
|
138,468
|
25,758
|
23,327
|
95,351
|
118,678
|
-6,647
|
30,758
|
24,111
|
33,492
|
110,068
|
143,560
|
-2,463
|
34,440
|
31,977
|
36,177
|
116,857
|
153,034
|
7,000
|
29,000
|
36,000
|
31,000
|
158,000
|
189,000
|
-
|
Net income
1 |
70,805
|
11,008
|
138,598
|
13,342
|
11,591
|
116,344
|
127,935
|
-13,862
|
17,835
|
3,973
|
22,396
|
88,131
|
110,527
|
-7,388
|
20,302
|
12,914
|
21,126
|
115,481
|
136,607
|
1,079
|
24,256
|
23,500
|
29,596
|
100,560
|
131,500
|
-
|
Net margin
|
4.3%
|
0.84%
|
8.25%
|
0.96%
|
1.62%
|
12.68%
|
7.84%
|
-2.1%
|
2.24%
|
0.27%
|
2.75%
|
8.44%
|
5.95%
|
-1.05%
|
2.41%
|
0.83%
|
2.5%
|
10.65%
|
7.08%
|
0.16%
|
2.92%
|
1.55%
|
3.59%
|
9.48%
|
6.85%
|
-
|
EPS
2 |
272.7
|
41.53
|
515.6
|
48.97
|
42.54
|
427.0
|
469.6
|
-50.88
|
65.48
|
14.60
|
82.82
|
327.1
|
409.9
|
-27.74
|
76.22
|
48.48
|
79.30
|
433.5
|
512.8
|
-8.252
|
103.4
|
79.40
|
105.6
|
380.3
|
527.3
|
-
|
Dividend per Share
2 |
40.00
|
40.00
|
50.00
|
50.00
|
-
|
50.00
|
50.00
|
-
|
55.00
|
55.00
|
-
|
55.00
|
55.00
|
-
|
60.00
|
60.00
|
-
|
60.00
|
60.00
|
-
|
65.00
|
65.00
|
-
|
65.00
|
65.00
|
-
|
Announcement Date
|
12/05/20
|
29/10/20
|
12/05/21
|
29/10/21
|
31/01/22
|
28/04/22
|
28/04/22
|
28/07/22
|
28/10/22
|
28/10/22
|
30/01/23
|
28/04/23
|
28/04/23
|
28/07/23
|
30/10/23
|
30/10/23
|
30/01/24
|
26/04/24
|
26/04/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
316,167
|
179,511
|
149,044
|
126,187
|
72,154
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
73,900
|
253,674
|
434,974
|
Leverage (Debt/EBITDA)
|
1.076
x
|
0.5586
x
|
0.4761
x
|
0.3567
x
|
0.192
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
189,038
|
152,416
|
84,140
|
102,536
|
174,729
|
188,975
|
220,040
|
257,450
|
ROE (net income / shareholders' equity)
|
11.3%
|
13.5%
|
10%
|
7.3%
|
8.4%
|
7.97%
|
9.02%
|
9.25%
|
ROA (Net income/ Total Assets)
|
4.08%
|
4.65%
|
3.89%
|
4.33%
|
4.51%
|
4.3%
|
4.81%
|
5.53%
|
Assets
1 |
2,448,953
|
3,218,939
|
3,633,892
|
2,644,739
|
3,318,184
|
3,629,711
|
3,792,084
|
3,692,952
|
Book Value Per Share
2 |
3,508
|
4,801
|
5,555
|
6,097
|
7,189
|
7,619
|
7,878
|
8,667
|
Cash Flow per Share
2 |
1,026
|
1,181
|
1,181
|
1,104
|
1,266
|
1,260
|
1,338
|
1,382
|
Capex
1 |
72,825
|
70,936
|
71,106
|
77,714
|
96,499
|
85,600
|
89,000
|
92,500
|
Capex / Sales
|
2.35%
|
2.37%
|
2.36%
|
2.35%
|
2.78%
|
2.5%
|
2.49%
|
2.5%
|
Announcement Date
|
12/05/20
|
12/05/21
|
28/04/22
|
28/04/23
|
26/04/24
|
-
|
-
|
-
|
Last Close Price
13,005
JPY Average target price
12,892
JPY Spread / Average Target -0.87% Consensus |
1st Jan change
|
Capi.
|
---|
| +58.86% | 21.69B | | -12.46% | 192B | | +1.65% | 166B | | +5.53% | 159B | | +6.62% | 102B | | +51.48% | 94.12B | | +15.88% | 85.34B | | -0.14% | 76.53B | | -1.53% | 47B | | -37.58% | 41.59B |
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