Market Closed -
Japan Exchange
07:00:00 02/05/2024 BST
|
5-day change
|
1st Jan Change
|
5,265
JPY
|
+0.90%
|
|
-0.02%
|
+24.00%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
898,560
|
609,469
|
1,313,162
|
1,693,414
|
1,387,294
|
1,433,705
|
-
|
-
|
Enterprise Value (EV)
1 |
1,196,590
|
851,442
|
1,526,721
|
1,810,669
|
1,639,521
|
1,800,249
|
1,801,645
|
1,811,787
|
P/E ratio
|
13.5
x
|
10.1
x
|
13.9
x
|
6.03
x
|
8.64
x
|
29
x
|
14.7
x
|
11.7
x
|
Yield
|
2.23%
|
3.52%
|
2.53%
|
4.88%
|
4.06%
|
1.88%
|
2.28%
|
2.8%
|
Capitalization / Revenue
|
0.99
x
|
0.7
x
|
1.42
x
|
1.34
x
|
0.97
x
|
1.02
x
|
0.99
x
|
0.92
x
|
EV / Revenue
|
1.31
x
|
0.98
x
|
1.65
x
|
1.44
x
|
1.15
x
|
1.29
x
|
1.24
x
|
1.17
x
|
EV / EBITDA
|
9.9
x
|
8.05
x
|
10.2
x
|
7.2
x
|
6.85
x
|
13.8
x
|
11.6
x
|
9.96
x
|
EV / FCF
|
17.8
x
|
12.9
x
|
25.8
x
|
10.7
x
|
-25.2
x
|
-10.7
x
|
-55.7
x
|
189
x
|
FCF Yield
|
5.62%
|
7.78%
|
3.87%
|
9.35%
|
-3.97%
|
-9.31%
|
-1.8%
|
0.53%
|
Price to Book
|
0.86
x
|
0.61
x
|
1.18
x
|
1.17
x
|
0.85
x
|
0.84
x
|
0.82
x
|
0.78
x
|
Nbr of stocks (in thousands)
|
274,789
|
274,783
|
274,778
|
274,771
|
274,766
|
274,761
|
-
|
-
|
Reference price
2 |
3,270
|
2,218
|
4,779
|
6,163
|
5,049
|
5,218
|
5,218
|
5,218
|
Announcement Date
|
09/05/19
|
08/05/20
|
10/05/21
|
10/05/22
|
10/05/23
|
-
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
912,208
|
872,615
|
926,122
|
1,259,091
|
1,422,989
|
1,399,087
|
1,455,452
|
1,553,865
|
EBITDA
1 |
120,849
|
105,728
|
150,308
|
251,538
|
239,419
|
130,544
|
155,098
|
181,847
|
EBIT
1 |
77,308
|
60,373
|
104,579
|
205,083
|
186,109
|
70,750
|
83,508
|
119,632
|
Operating Margin
|
8.47%
|
6.92%
|
11.29%
|
16.29%
|
13.08%
|
5.06%
|
5.74%
|
7.7%
|
Earnings before Tax (EBT)
1 |
89,371
|
79,035
|
123,379
|
357,434
|
229,910
|
83,591
|
128,176
|
155,283
|
Net income
1 |
66,790
|
60,600
|
94,604
|
281,037
|
160,585
|
50,755
|
97,231
|
122,352
|
Net margin
|
7.32%
|
6.94%
|
10.22%
|
22.32%
|
11.29%
|
3.63%
|
6.68%
|
7.87%
|
EPS
2 |
243.1
|
220.5
|
344.3
|
1,023
|
584.4
|
179.7
|
354.4
|
446.1
|
Free Cash Flow
1 |
67,299
|
66,211
|
59,129
|
169,285
|
-65,121
|
-167,533
|
-32,367
|
9,600
|
FCF margin
|
7.38%
|
7.59%
|
6.38%
|
13.45%
|
-4.58%
|
-11.97%
|
-2.22%
|
0.62%
|
FCF Conversion (EBITDA)
|
55.69%
|
62.62%
|
39.34%
|
67.3%
|
-
|
-
|
-
|
5.28%
|
FCF Conversion (Net income)
|
100.76%
|
109.26%
|
62.5%
|
60.24%
|
-
|
-
|
-
|
7.85%
|
Dividend per Share
2 |
73.00
|
78.00
|
121.0
|
301.0
|
205.0
|
98.00
|
119.0
|
146.3
|
Announcement Date
|
09/05/19
|
08/05/20
|
10/05/21
|
10/05/22
|
10/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2021 S1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
422,404
|
419,123
|
303,605
|
597,930
|
324,543
|
336,618
|
357,659
|
352,968
|
710,627
|
365,057
|
347,305
|
369,190
|
347,955
|
717,145
|
367,894
|
333,774
|
395,322
|
381,796
|
400,273
|
281,815
|
EBITDA
1 |
-
|
-
|
57,035
|
-
|
65,050
|
74,604
|
92,230
|
71,099
|
-
|
55,476
|
20,614
|
32,901
|
48,708
|
-
|
30,577
|
26,952
|
35,452
|
53,997
|
31,875
|
26,615
|
EBIT
1 |
30,749
|
33,915
|
45,622
|
89,380
|
53,403
|
62,300
|
80,028
|
57,531
|
137,559
|
42,259
|
6,291
|
19,783
|
35,125
|
54,908
|
16,450
|
-2,538
|
20,717
|
39,093
|
16,837
|
12,350
|
Operating Margin
|
7.28%
|
8.09%
|
15.03%
|
14.95%
|
16.45%
|
18.51%
|
22.38%
|
16.3%
|
19.36%
|
11.58%
|
1.81%
|
5.36%
|
10.09%
|
7.66%
|
4.47%
|
-0.76%
|
5.24%
|
10.24%
|
4.21%
|
4.38%
|
Earnings before Tax (EBT)
1 |
36,365
|
25,884
|
61,727
|
121,666
|
73,706
|
162,062
|
104,041
|
65,065
|
169,106
|
49,524
|
11,280
|
27,133
|
26,646
|
53,779
|
33,580
|
-6,730
|
12,000
|
22,000
|
27,000
|
19,000
|
Net income
1 |
29,386
|
17,470
|
70,773
|
113,828
|
56,249
|
110,960
|
76,459
|
42,600
|
119,059
|
33,724
|
7,802
|
20,732
|
17,120
|
37,852
|
20,474
|
-9,192
|
21,668
|
18,652
|
22,994
|
15,247
|
Net margin
|
6.96%
|
4.17%
|
23.31%
|
19.04%
|
17.33%
|
32.96%
|
21.38%
|
12.07%
|
16.75%
|
9.24%
|
2.25%
|
5.62%
|
4.92%
|
5.28%
|
5.57%
|
-2.75%
|
5.48%
|
4.89%
|
5.74%
|
5.41%
|
EPS
2 |
106.9
|
63.58
|
257.6
|
414.3
|
204.7
|
403.8
|
278.3
|
155.0
|
433.3
|
122.7
|
28.40
|
75.45
|
62.31
|
137.8
|
74.52
|
14.80
|
80.16
|
82.51
|
77.64
|
57.32
|
Dividend per Share
2 |
39.00
|
22.00
|
113.0
|
113.0
|
-
|
188.0
|
-
|
90.00
|
90.00
|
-
|
115.0
|
-
|
35.00
|
35.00
|
-
|
63.00
|
-
|
52.00
|
-
|
52.00
|
Announcement Date
|
08/11/19
|
09/11/20
|
08/11/21
|
08/11/21
|
08/02/22
|
10/05/22
|
08/08/22
|
08/11/22
|
08/11/22
|
08/02/23
|
10/05/23
|
07/08/23
|
08/11/23
|
08/11/23
|
08/02/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
298,030
|
241,973
|
213,559
|
117,255
|
252,227
|
366,544
|
367,941
|
378,082
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.466
x
|
2.289
x
|
1.421
x
|
0.4662
x
|
1.053
x
|
2.808
x
|
2.372
x
|
2.079
x
|
Free Cash Flow
1 |
67,299
|
66,211
|
59,129
|
169,285
|
-65,121
|
-167,533
|
-32,367
|
9,600
|
ROE (net income / shareholders' equity)
|
6.4%
|
5.9%
|
8.9%
|
22%
|
10.4%
|
3.02%
|
4.91%
|
5.94%
|
ROA (Net income/ Total Assets)
|
5.11%
|
4.49%
|
6.84%
|
17.2%
|
9.24%
|
1.7%
|
3.2%
|
3.6%
|
Assets
1 |
1,306,615
|
1,348,477
|
1,382,378
|
1,633,364
|
1,738,019
|
2,985,604
|
3,038,473
|
3,398,668
|
Book Value Per Share
2 |
3,812
|
3,646
|
4,054
|
5,260
|
5,938
|
6,189
|
6,384
|
6,659
|
Cash Flow per Share
2 |
402.0
|
386.0
|
511.0
|
1,192
|
778.0
|
445.0
|
563.0
|
-
|
Capex
1 |
47,445
|
45,778
|
35,059
|
64,539
|
140,845
|
187,476
|
127,918
|
99,681
|
Capex / Sales
|
5.2%
|
5.25%
|
3.79%
|
5.13%
|
9.9%
|
13.4%
|
8.79%
|
6.42%
|
Announcement Date
|
09/05/19
|
08/05/20
|
10/05/21
|
10/05/22
|
10/05/23
|
-
|
-
|
-
|
Last Close Price
5,218
JPY Average target price
4,556
JPY Spread / Average Target -12.68% Consensus |
1st Jan change
|
Capi.
|
---|
| +24.00% | 9.1B | | +33.81% | 89.04B | | +17.24% | 71.68B | | -.--% | 27.24B | | +44.57% | 10.31B | | +17.04% | 9.17B | | -6.93% | 7B | | +40.85% | 6.62B | | -44.51% | 5.16B | | +20.21% | 5.06B |
Other Specialty Mining & Metals
|