Market Closed -
Japan Exchange
07:00:00 02/05/2024 BST
|
5-day change
|
1st Jan Change
|
7,780
JPY
|
-3.47%
|
|
+22.33%
|
+46.24%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
65,294
|
38,070
|
59,523
|
62,045
|
111,280
|
160,319
|
-
|
-
|
Enterprise Value (EV)
1 |
39,553
|
18,852
|
35,753
|
34,005
|
80,489
|
124,619
|
122,819
|
121,219
|
P/E ratio
|
12.2
x
|
20.6
x
|
11.5
x
|
7.44
x
|
10.3
x
|
15
x
|
14.2
x
|
13.5
x
|
Yield
|
2.7%
|
2.74%
|
2.87%
|
4.03%
|
3.2%
|
2.72%
|
2.87%
|
2.99%
|
Capitalization / Revenue
|
1.03
x
|
0.79
x
|
1.03
x
|
0.98
x
|
1.56
x
|
2.11
x
|
2.04
x
|
1.96
x
|
EV / Revenue
|
0.62
x
|
0.39
x
|
0.62
x
|
0.54
x
|
1.13
x
|
1.64
x
|
1.56
x
|
1.48
x
|
EV / EBITDA
|
4.1
x
|
2.96
x
|
3.43
x
|
2.43
x
|
4.86
x
|
7.27
x
|
6.96
x
|
6.87
x
|
EV / FCF
|
5.1
x
|
3.91
x
|
5.35
x
|
5.65
x
|
17
x
|
14.9
x
|
14.2
x
|
13.8
x
|
FCF Yield
|
19.6%
|
25.6%
|
18.7%
|
17.7%
|
5.87%
|
6.7%
|
7.04%
|
7.26%
|
Price to Book
|
1.19
x
|
0.83
x
|
1.13
x
|
1.03
x
|
1.57
x
|
2.41
x
|
2.07
x
|
1.93
x
|
Nbr of stocks (in thousands)
|
25,920
|
20,849
|
20,849
|
20,848
|
20,917
|
20,607
|
-
|
-
|
Reference price
2 |
2,519
|
1,826
|
2,855
|
2,976
|
5,320
|
7,780
|
7,780
|
7,780
|
Announcement Date
|
07/02/20
|
09/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
63,285
|
48,375
|
57,539
|
63,445
|
71,426
|
75,820
|
78,580
|
81,900
|
EBITDA
1 |
9,648
|
6,378
|
10,432
|
13,995
|
16,568
|
17,150
|
17,650
|
17,650
|
EBIT
1 |
6,982
|
3,575
|
7,408
|
11,038
|
13,607
|
14,600
|
15,360
|
16,040
|
Operating Margin
|
11.03%
|
7.39%
|
12.87%
|
17.4%
|
19.05%
|
19.26%
|
19.55%
|
19.58%
|
Earnings before Tax (EBT)
1 |
7,403
|
2,885
|
7,418
|
11,496
|
13,972
|
14,475
|
15,025
|
15,425
|
Net income
1 |
5,330
|
1,958
|
5,173
|
8,350
|
10,812
|
10,732
|
11,244
|
11,732
|
Net margin
|
8.42%
|
4.05%
|
8.99%
|
13.16%
|
15.14%
|
14.16%
|
14.31%
|
14.32%
|
EPS
2 |
207.1
|
88.83
|
248.1
|
400.0
|
517.1
|
519.5
|
546.8
|
575.6
|
Free Cash Flow
1 |
7,754
|
4,820
|
6,682
|
6,014
|
4,728
|
8,354
|
8,650
|
8,800
|
FCF margin
|
12.25%
|
9.96%
|
11.61%
|
9.48%
|
6.62%
|
11.02%
|
11.01%
|
10.74%
|
FCF Conversion (EBITDA)
|
80.37%
|
75.57%
|
64.05%
|
42.97%
|
28.54%
|
48.71%
|
49.01%
|
49.86%
|
FCF Conversion (Net income)
|
145.48%
|
246.17%
|
129.17%
|
72.02%
|
43.73%
|
77.84%
|
76.93%
|
75.01%
|
Dividend per Share
2 |
68.00
|
50.00
|
82.00
|
120.0
|
170.0
|
212.0
|
223.2
|
233.0
|
Announcement Date
|
07/02/20
|
09/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
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
|
2024 S2
|
---|
Net sales
1 |
20,896
|
27,888
|
15,105
|
14,546
|
13,820
|
17,879
|
31,699
|
16,017
|
15,729
|
14,521
|
18,231
|
32,752
|
19,031
|
19,643
|
38,674
|
19,819
|
19,400
|
34,850
|
20,325
|
21,350
|
42,450
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
828
|
3,658
|
2,065
|
1,685
|
2,080
|
3,591
|
5,671
|
3,117
|
2,250
|
2,630
|
3,847
|
6,477
|
3,705
|
3,425
|
7,130
|
4,547
|
3,800
|
6,750
|
3,895
|
3,918
|
8,150
|
Operating Margin
|
3.96%
|
13.12%
|
13.67%
|
11.58%
|
15.05%
|
20.09%
|
17.89%
|
19.46%
|
14.3%
|
18.11%
|
21.1%
|
19.78%
|
19.47%
|
17.44%
|
18.44%
|
22.94%
|
19.59%
|
19.37%
|
19.16%
|
18.35%
|
19.2%
|
Earnings before Tax (EBT)
|
1,164
|
3,750
|
2,029
|
-
|
2,121
|
-
|
5,954
|
3,386
|
-
|
2,589
|
-
|
6,891
|
3,624
|
-
|
-
|
4,598
|
-
|
-
|
-
|
-
|
-
|
Net income
|
843
|
2,685
|
1,387
|
-
|
1,721
|
-
|
4,565
|
2,258
|
-
|
2,347
|
-
|
5,329
|
2,627
|
-
|
-
|
3,344
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
4.03%
|
9.63%
|
9.18%
|
-
|
12.45%
|
-
|
14.4%
|
14.1%
|
-
|
16.16%
|
-
|
16.27%
|
13.8%
|
-
|
-
|
16.87%
|
-
|
-
|
-
|
-
|
-
|
EPS
|
36.26
|
128.8
|
66.54
|
-
|
82.58
|
-
|
218.9
|
108.1
|
-
|
112.4
|
-
|
255.0
|
125.6
|
-
|
-
|
160.8
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
25.00
|
25.00
|
-
|
-
|
-
|
-
|
30.00
|
-
|
-
|
-
|
-
|
35.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
04/08/20
|
06/08/21
|
04/11/21
|
09/02/22
|
28/04/22
|
08/08/22
|
08/08/22
|
02/11/22
|
08/02/23
|
28/04/23
|
08/08/23
|
08/08/23
|
02/11/23
|
08/02/24
|
08/02/24
|
26/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
25,741
|
19,218
|
23,770
|
28,040
|
30,791
|
35,700
|
37,500
|
39,100
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
7,754
|
4,820
|
6,682
|
6,014
|
4,728
|
8,355
|
8,650
|
8,800
|
ROE (net income / shareholders' equity)
|
10.1%
|
3.9%
|
10.5%
|
14.8%
|
16.5%
|
14.9%
|
14%
|
13.5%
|
ROA (Net income/ Total Assets)
|
11%
|
5.88%
|
12%
|
16.1%
|
17.2%
|
16.6%
|
16%
|
15.5%
|
Assets
1 |
48,239
|
33,283
|
43,018
|
51,796
|
62,920
|
64,654
|
70,275
|
75,690
|
Book Value Per Share
2 |
2,119
|
2,196
|
2,520
|
2,899
|
3,382
|
3,233
|
3,762
|
4,026
|
Cash Flow per Share
|
311.0
|
216.0
|
393.0
|
542.0
|
659.0
|
-
|
-
|
-
|
Capex
1 |
3,171
|
2,734
|
1,890
|
3,218
|
5,299
|
6,000
|
4,833
|
4,833
|
Capex / Sales
|
5.01%
|
5.65%
|
3.28%
|
5.07%
|
7.42%
|
7.91%
|
6.15%
|
5.9%
|
Announcement Date
|
07/02/20
|
09/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Last Close Price
7,780
JPY Average target price
7,012
JPY Spread / Average Target -9.87% Consensus |
1st Jan change
|
Capi.
|
---|
| +46.24% | 1.05B | | -22.82% | 9.16B | | +17.19% | 3.71B | | +9.39% | 1.61B | | -32.57% | 1.28B | | -24.34% | 1.25B | | +68.01% | 1.05B | | -23.65% | 1.04B | | +18.79% | 907M | | -11.19% | 652M |
Photographic Equipment
|