Market Closed -
Japan Exchange
02:00:00 2024-05-02 am EDT
|
5-day change
|
1st Jan Change
|
2,485
JPY
|
-0.24%
|
|
+1.02%
|
-1.39%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
42,674
|
44,948
|
81,978
|
67,195
|
56,567
|
51,378
|
-
|
-
|
Enterprise Value (EV)
1 |
34,031
|
34,405
|
68,380
|
50,168
|
38,514
|
51,378
|
51,378
|
51,378
|
P/E ratio
|
14.8
x
|
14
x
|
23.2
x
|
15.9
x
|
14.9
x
|
13.6
x
|
13.1
x
|
12.1
x
|
Yield
|
1.94%
|
2.07%
|
1.26%
|
1.85%
|
2.19%
|
2.62%
|
2.68%
|
2.82%
|
Capitalization / Revenue
|
3.74
x
|
3.61
x
|
6.38
x
|
4.69
x
|
4.15
x
|
3.68
x
|
3.54
x
|
3.36
x
|
EV / Revenue
|
3.74
x
|
3.61
x
|
6.38
x
|
4.69
x
|
4.15
x
|
3.68
x
|
3.54
x
|
3.36
x
|
EV / EBITDA
|
9.99
x
|
9.39
x
|
15.2
x
|
-
|
9.65
x
|
8.73
x
|
8.4
x
|
7.83
x
|
EV / FCF
|
14.1
x
|
15.7
x
|
20.6
x
|
14.7
x
|
25
x
|
13.8
x
|
13.5
x
|
12.4
x
|
FCF Yield
|
7.11%
|
6.39%
|
4.86%
|
6.82%
|
4.01%
|
7.24%
|
7.43%
|
8.04%
|
Price to Book
|
4.02
x
|
3.5
x
|
5.22
x
|
3.54
x
|
2.61
x
|
2.14
x
|
1.92
x
|
1.73
x
|
Nbr of stocks (in thousands)
|
20,676
|
20,675
|
20,675
|
20,675
|
20,675
|
20,675
|
-
|
-
|
Reference price
2 |
2,064
|
2,174
|
3,965
|
3,250
|
2,736
|
2,485
|
2,485
|
2,485
|
Announcement Date
|
5/10/19
|
5/22/20
|
5/14/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
11,414
|
12,454
|
12,843
|
14,331
|
13,630
|
13,973
|
14,527
|
15,275
|
EBITDA
1 |
4,270
|
4,788
|
5,405
|
-
|
5,864
|
5,885
|
6,118
|
6,565
|
EBIT
1 |
4,096
|
4,534
|
5,190
|
6,314
|
5,583
|
5,660
|
5,883
|
6,340
|
Operating Margin
|
35.89%
|
36.41%
|
40.41%
|
44.06%
|
40.96%
|
40.51%
|
40.5%
|
41.51%
|
Earnings before Tax (EBT)
1 |
4,149
|
4,585
|
5,236
|
6,358
|
5,643
|
5,705
|
5,960
|
6,405
|
Net income
1 |
2,883
|
3,208
|
3,528
|
4,222
|
3,809
|
3,777
|
3,913
|
4,230
|
Net margin
|
25.26%
|
25.76%
|
27.47%
|
29.46%
|
27.95%
|
27.03%
|
26.94%
|
27.69%
|
EPS
2 |
139.4
|
155.2
|
170.7
|
204.2
|
184.2
|
182.7
|
189.3
|
204.6
|
Free Cash Flow
1 |
3,035
|
2,871
|
3,985
|
4,584
|
2,267
|
3,720
|
3,818
|
4,129
|
FCF margin
|
26.59%
|
23.05%
|
31.03%
|
31.99%
|
16.63%
|
26.62%
|
26.28%
|
27.03%
|
FCF Conversion (EBITDA)
|
71.08%
|
59.96%
|
73.73%
|
-
|
38.66%
|
63.2%
|
62.41%
|
62.89%
|
FCF Conversion (Net income)
|
105.27%
|
89.5%
|
112.95%
|
108.57%
|
59.52%
|
98.49%
|
97.56%
|
97.61%
|
Dividend per Share
2 |
40.00
|
45.00
|
50.00
|
60.00
|
60.00
|
65.00
|
66.67
|
70.00
|
Announcement Date
|
5/10/19
|
5/22/20
|
5/14/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
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 |
6,838
|
5,616
|
6,179
|
6,664
|
3,529
|
6,716
|
3,954
|
3,661
|
7,615
|
3,165
|
3,726
|
6,891
|
3,253
|
3,486
|
6,739
|
3,537
|
3,451
|
6,988
|
3,290
|
3,561
|
6,912
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
2,829
|
1,705
|
2,517
|
2,673
|
1,710
|
3,012
|
1,822
|
1,480
|
3,302
|
1,108
|
1,768
|
2,876
|
1,312
|
1,395
|
2,707
|
1,403
|
1,488
|
2,891
|
1,220
|
1,432
|
2,709
|
Operating Margin
|
41.37%
|
30.36%
|
40.73%
|
40.11%
|
48.46%
|
44.85%
|
46.08%
|
40.43%
|
43.36%
|
35.01%
|
47.45%
|
41.74%
|
40.33%
|
40.02%
|
40.17%
|
39.67%
|
43.12%
|
41.37%
|
37.08%
|
40.21%
|
39.19%
|
Earnings before Tax (EBT)
1 |
2,856
|
1,729
|
2,545
|
2,691
|
1,722
|
3,032
|
1,832
|
1,494
|
3,326
|
1,126
|
1,786
|
2,912
|
1,323
|
1,408
|
2,731
|
1,429
|
1,511
|
2,940
|
1,240
|
1,470
|
2,710
|
Net income
1 |
1,944
|
1,264
|
1,696
|
1,832
|
1,144
|
2,017
|
1,210
|
995
|
2,205
|
759
|
1,201
|
1,960
|
908
|
941
|
1,849
|
968
|
1,006
|
1,974
|
839
|
887
|
1,726
|
Net margin
|
28.43%
|
22.51%
|
27.45%
|
27.49%
|
32.42%
|
30.03%
|
30.6%
|
27.18%
|
28.96%
|
23.98%
|
32.23%
|
28.44%
|
27.91%
|
26.99%
|
27.44%
|
27.37%
|
29.15%
|
28.25%
|
25.5%
|
24.91%
|
24.97%
|
EPS
|
94.03
|
-
|
82.06
|
-
|
-
|
97.59
|
58.54
|
-
|
-
|
36.75
|
-
|
94.81
|
43.95
|
-
|
-
|
46.82
|
-
|
95.50
|
40.60
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/8/19
|
5/22/20
|
11/6/20
|
5/14/21
|
11/12/21
|
11/12/21
|
2/10/22
|
5/13/22
|
5/13/22
|
8/5/22
|
11/11/22
|
11/11/22
|
2/10/23
|
5/12/23
|
5/12/23
|
8/4/23
|
11/10/23
|
11/10/23
|
2/9/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
8,643
|
10,543
|
13,598
|
17,027
|
18,053
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
3,035
|
2,871
|
3,985
|
4,584
|
2,267
|
3,720
|
3,818
|
4,129
|
ROE (net income / shareholders' equity)
|
29.8%
|
27.4%
|
24.7%
|
24.4%
|
18.7%
|
15.4%
|
-
|
-
|
ROA (Net income/ Total Assets)
|
28.3%
|
27.8%
|
27.2%
|
27.8%
|
22%
|
-
|
-
|
-
|
Assets
1 |
10,193
|
11,546
|
12,968
|
15,191
|
17,326
|
-
|
-
|
-
|
Book Value Per Share
2 |
513.0
|
621.0
|
760.0
|
917.0
|
1,049
|
1,162
|
1,295
|
1,436
|
Cash Flow per Share
|
148.0
|
165.0
|
181.0
|
214.0
|
198.0
|
-
|
-
|
-
|
Capex
1 |
53
|
96
|
161
|
78
|
84
|
400
|
338
|
338
|
Capex / Sales
|
0.46%
|
0.77%
|
1.25%
|
0.54%
|
0.62%
|
2.86%
|
2.32%
|
2.21%
|
Announcement Date
|
5/10/19
|
5/22/20
|
5/14/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
Last Close Price
2,485
JPY Average target price
3,360
JPY Spread / Average Target +35.21% Consensus |
1st Jan change
|
Capi.
|
---|
| -1.39% | 336M | | -18.51% | 218B | | -7.35% | 67.86B | | -5.13% | 55.36B | | -11.62% | 46.03B | | +2.38% | 41.53B | | -5.30% | 34.64B | | -11.95% | 27.89B | | +88.38% | 24.73B | | +0.46% | 21.01B |
Application Software
|