Market Closed -
Japan Exchange
07:00:00 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
26,740
JPY
|
+2.22%
|
|
+3.60%
|
+77.56%
|
Fiscal Period: February |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
28,013
|
57,202
|
127,019
|
184,910
|
183,009
|
470,766
|
-
|
-
|
Enterprise Value (EV)
1 |
33,317
|
62,055
|
126,962
|
182,164
|
187,540
|
370,729
|
449,891
|
429,273
|
P/E ratio
|
6.37
x
|
10.5
x
|
19.6
x
|
14.4
x
|
8.56
x
|
18.9
x
|
20.1
x
|
19.7
x
|
Yield
|
1.54%
|
0.91%
|
0.41%
|
0.61%
|
1.27%
|
0.64%
|
0.6%
|
0.64%
|
Capitalization / Revenue
|
0.89
x
|
1.54
x
|
2.5
x
|
2.76
x
|
1.94
x
|
3.98
x
|
3.83
x
|
3.92
x
|
EV / Revenue
|
1.06
x
|
1.67
x
|
2.5
x
|
2.72
x
|
1.98
x
|
3.98
x
|
3.66
x
|
3.58
x
|
EV / EBITDA
|
-
|
-
|
12
x
|
10.5
x
|
6.6
x
|
13.9
x
|
12.6
x
|
11.6
x
|
EV / FCF
|
-5.55
x
|
163
x
|
21.1
x
|
86.8
x
|
-29.2
x
|
26.6
x
|
38.1
x
|
29.2
x
|
FCF Yield
|
-18%
|
0.61%
|
4.73%
|
1.15%
|
-3.43%
|
3.76%
|
2.62%
|
3.42%
|
Price to Book
|
1.36
x
|
2.26
x
|
4.12
x
|
4.08
x
|
2.68
x
|
4.02
x
|
4.18
x
|
3.81
x
|
Nbr of stocks (in thousands)
|
17,281
|
17,281
|
17,281
|
17,281
|
17,281
|
17,605
|
-
|
-
|
Reference price
2 |
1,621
|
3,310
|
7,350
|
10,700
|
10,590
|
26,740
|
26,740
|
26,740
|
Announcement Date
|
10/04/19
|
10/04/20
|
12/04/21
|
11/04/22
|
11/04/23
|
11/04/24
|
-
|
-
|
Fiscal Period: February |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
31,368
|
37,103
|
50,803
|
67,004
|
94,518
|
93,247
|
123,011
|
120,055
|
EBITDA
1 |
-
|
-
|
10,604
|
17,331
|
28,398
|
26,582
|
35,592
|
37,129
|
EBIT
1 |
5,812
|
7,743
|
9,314
|
15,809
|
26,418
|
24,138
|
32,529
|
33,359
|
Operating Margin
|
18.53%
|
20.87%
|
18.33%
|
23.59%
|
27.95%
|
25.89%
|
26.44%
|
27.79%
|
Earnings before Tax (EBT)
1 |
5,817
|
7,504
|
8,943
|
18,485
|
30,352
|
27,066
|
33,293
|
34,395
|
Net income
1 |
4,397
|
5,470
|
6,470
|
12,824
|
21,384
|
19,576
|
23,510
|
23,888
|
Net margin
|
14.02%
|
14.74%
|
12.74%
|
19.14%
|
22.62%
|
20.99%
|
19.11%
|
19.9%
|
EPS
2 |
254.5
|
316.6
|
374.4
|
742.1
|
1,237
|
1,111
|
1,333
|
1,355
|
Free Cash Flow
1 |
-6,006
|
380
|
6,003
|
2,100
|
-6,430
|
13,948
|
11,800
|
14,700
|
FCF margin
|
-19.15%
|
1.02%
|
11.82%
|
3.13%
|
-6.8%
|
14.96%
|
9.59%
|
12.24%
|
FCF Conversion (EBITDA)
|
-
|
-
|
56.61%
|
12.12%
|
-
|
52.47%
|
33.15%
|
39.59%
|
FCF Conversion (Net income)
|
-
|
6.95%
|
92.78%
|
16.37%
|
-
|
71.25%
|
50.19%
|
61.54%
|
Dividend per Share
2 |
25.00
|
30.00
|
30.00
|
65.00
|
135.0
|
135.0
|
160.0
|
170.0
|
Announcement Date
|
10/04/19
|
10/04/20
|
12/04/21
|
11/04/22
|
11/04/23
|
11/04/24
|
-
|
-
|
Fiscal Period: February |
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
|
2026 S1
|
2026 S2
|
---|
Net sales
1 |
17,587
|
19,516
|
24,719
|
26,084
|
15,057
|
29,499
|
17,092
|
20,413
|
37,505
|
21,688
|
24,065
|
45,753
|
25,629
|
23,136
|
48,765
|
16,693
|
24,299
|
40,992
|
24,170
|
28,085
|
52,255
|
20,000
|
24,000
|
44,000
|
26,000
|
28,000
|
54,000
|
50,000
|
58,000
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
4,414
|
3,329
|
4,747
|
4,567
|
3,833
|
6,681
|
4,093
|
5,035
|
9,128
|
5,029
|
5,903
|
10,932
|
6,807
|
8,679
|
15,486
|
4,718
|
5,234
|
9,952
|
5,811
|
8,375
|
14,186
|
5,800
|
6,600
|
12,400
|
7,400
|
8,200
|
15,600
|
14,800
|
17,200
|
Operating Margin
|
25.1%
|
17.06%
|
19.2%
|
17.51%
|
25.46%
|
22.65%
|
23.95%
|
24.67%
|
24.34%
|
23.19%
|
24.53%
|
23.89%
|
26.56%
|
37.51%
|
31.76%
|
28.26%
|
21.54%
|
24.28%
|
24.04%
|
29.82%
|
27.15%
|
29%
|
27.5%
|
28.18%
|
28.46%
|
29.29%
|
28.89%
|
29.6%
|
29.66%
|
Earnings before Tax (EBT)
1 |
4,199
|
3,305
|
4,496
|
4,447
|
4,601
|
8,158
|
4,659
|
5,668
|
10,327
|
7,181
|
-
|
16,907
|
9,751
|
3,694
|
13,445
|
5,208
|
8,664
|
13,874
|
7,447
|
5,745
|
13,192
|
5,800
|
6,600
|
12,400
|
7,400
|
8,200
|
15,600
|
14,800
|
17,200
|
Net income
1 |
2,932
|
2,538
|
3,290
|
3,180
|
2,802
|
5,498
|
3,217
|
4,109
|
7,326
|
5,126
|
7,240
|
12,366
|
7,300
|
1,718
|
9,018
|
3,557
|
6,278
|
9,835
|
5,652
|
4,089
|
9,741
|
3,931
|
4,507
|
8,438
|
5,083
|
5,659
|
10,742
|
10,096
|
11,824
|
Net margin
|
16.67%
|
13%
|
13.31%
|
12.19%
|
18.61%
|
18.64%
|
18.82%
|
20.13%
|
19.53%
|
23.64%
|
30.09%
|
27.03%
|
28.48%
|
7.43%
|
18.49%
|
21.31%
|
25.84%
|
23.99%
|
23.38%
|
14.56%
|
18.64%
|
19.66%
|
18.78%
|
19.18%
|
19.55%
|
20.21%
|
19.89%
|
20.19%
|
20.39%
|
EPS
2 |
169.7
|
-
|
190.4
|
184.0
|
162.2
|
318.2
|
186.1
|
237.8
|
423.9
|
296.6
|
419.0
|
715.6
|
422.4
|
99.37
|
521.8
|
201.9
|
356.3
|
558.2
|
320.8
|
232.1
|
552.9
|
-
|
-
|
-
|
-
|
-
|
-
|
573.0
|
671.0
|
Dividend per Share
2 |
-
|
-
|
-
|
30.00
|
-
|
-
|
-
|
65.00
|
65.00
|
-
|
-
|
-
|
-
|
135.0
|
135.0
|
-
|
-
|
-
|
-
|
200.0
|
200.0
|
-
|
-
|
-
|
-
|
240.0
|
240.0
|
-
|
280.0
|
Announcement Date
|
10/10/19
|
10/04/20
|
09/10/20
|
12/04/21
|
11/10/21
|
11/10/21
|
12/01/22
|
11/04/22
|
11/04/22
|
11/07/22
|
11/10/22
|
11/10/22
|
11/01/23
|
11/04/23
|
11/04/23
|
11/07/23
|
11/10/23
|
11/10/23
|
11/01/24
|
11/04/24
|
11/04/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: February |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
5,304
|
4,853
|
-
|
-
|
4,531
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
57
|
2,746
|
-
|
3,253
|
20,875
|
41,493
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
0.1596
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
-6,006
|
380
|
6,003
|
2,100
|
-6,430
|
13,948
|
11,800
|
14,700
|
ROE (net income / shareholders' equity)
|
23.4%
|
23.9%
|
23%
|
33.7%
|
37.7%
|
24.4%
|
22.9%
|
21.2%
|
ROA (Net income/ Total Assets)
|
14.7%
|
14.7%
|
-
|
24.1%
|
28.3%
|
19.2%
|
19.9%
|
19.5%
|
Assets
1 |
29,944
|
37,210
|
-
|
53,195
|
75,677
|
102,167
|
118,394
|
122,633
|
Book Value Per Share
2 |
1,191
|
1,464
|
1,785
|
2,624
|
3,948
|
5,233
|
6,396
|
7,011
|
Cash Flow per Share
2 |
290.0
|
372.0
|
449.0
|
830.0
|
1,352
|
1,256
|
1,526
|
1,683
|
Capex
1 |
4,512
|
6,279
|
2,154
|
2,658
|
4,715
|
1,596
|
3,100
|
3,150
|
Capex / Sales
|
14.38%
|
16.92%
|
4.24%
|
3.97%
|
4.99%
|
1.71%
|
2.52%
|
2.62%
|
Announcement Date
|
10/04/19
|
10/04/20
|
12/04/21
|
11/04/22
|
11/04/23
|
11/04/24
|
-
|
-
|
Last Close Price
26,740
JPY Average target price
24,150
JPY Spread / Average Target -9.69% Consensus |
1st Jan change
|
Capi.
|
---|
| +77.56% | 2.99B | | +25.49% | 169B | | +32.74% | 32.77B | | +31.53% | 31.67B | | -20.15% | 26.77B | | +27.65% | 22.95B | | -12.08% | 11.56B | | +122.37% | 9.62B | | +31.00% | 5.94B | | -19.16% | 5.07B |
Semiconductor Machinery Manufacturing
|