Market Closed -
Japan Exchange
02:00:00 2024-05-02 am EDT
|
5-day change
|
1st Jan Change
|
4,422
JPY
|
+0.43%
|
|
+0.96%
|
-1.43%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,633,335
|
7,336,707
|
7,744,905
|
8,910,365
|
8,829,098
|
9,213,316
|
-
|
-
|
Enterprise Value (EV)
1 |
6,578,327
|
8,647,871
|
8,179,659
|
9,713,856
|
9,601,040
|
10,659,826
|
10,723,759
|
10,553,909
|
P/E ratio
|
9.2
x
|
11.6
x
|
11.9
x
|
13.3
x
|
13.2
x
|
13.9
x
|
12.5
x
|
11.6
x
|
Yield
|
4.4%
|
3.61%
|
3.53%
|
3.12%
|
3.3%
|
3.19%
|
3.41%
|
3.64%
|
Capitalization / Revenue
|
1.11
x
|
1.4
x
|
1.46
x
|
1.64
x
|
1.56
x
|
1.59
x
|
1.54
x
|
1.5
x
|
EV / Revenue
|
1.29
x
|
1.65
x
|
1.54
x
|
1.78
x
|
1.69
x
|
1.84
x
|
1.79
x
|
1.72
x
|
EV / EBITDA
|
4.17
x
|
5.04
x
|
4.58
x
|
5.43
x
|
5.42
x
|
5.94
x
|
5.8
x
|
5.56
x
|
EV / FCF
|
20.9
x
|
12.1
x
|
7.99
x
|
13.7
x
|
27.7
x
|
17.8
x
|
14.9
x
|
14.6
x
|
FCF Yield
|
4.79%
|
8.24%
|
12.5%
|
7.28%
|
3.61%
|
5.62%
|
6.73%
|
6.84%
|
Price to Book
|
1.34
x
|
1.67
x
|
1.62
x
|
1.78
x
|
1.72
x
|
1.79
x
|
1.62
x
|
1.51
x
|
Nbr of stocks (in thousands)
|
2,361,985
|
2,299,908
|
2,281,268
|
2,224,810
|
2,157,121
|
2,083,518
|
-
|
-
|
Reference price
2 |
2,385
|
3,190
|
3,395
|
4,005
|
4,093
|
4,422
|
4,422
|
4,422
|
Announcement Date
|
5/15/19
|
5/14/20
|
5/14/21
|
5/13/22
|
5/11/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,080,353
|
5,237,221
|
5,312,599
|
5,446,708
|
5,671,762
|
5,800,164
|
5,983,695
|
6,148,887
|
EBITDA
1 |
1,576,131
|
1,715,162
|
1,786,170
|
1,788,693
|
1,772,901
|
1,793,380
|
1,848,218
|
1,899,520
|
EBIT
1 |
1,013,729
|
1,025,237
|
1,037,395
|
1,060,592
|
1,075,749
|
1,061,239
|
1,153,876
|
1,207,485
|
Operating Margin
|
19.95%
|
19.58%
|
19.53%
|
19.47%
|
18.97%
|
18.3%
|
19.28%
|
19.64%
|
Earnings before Tax (EBT)
1 |
1,010,275
|
1,020,699
|
1,038,056
|
1,064,497
|
1,077,878
|
1,087,499
|
1,148,310
|
1,204,340
|
Net income
1 |
617,669
|
639,767
|
651,496
|
672,486
|
677,469
|
692,493
|
727,398
|
764,700
|
Net margin
|
12.16%
|
12.22%
|
12.26%
|
12.35%
|
11.94%
|
11.94%
|
12.16%
|
12.44%
|
EPS
2 |
259.1
|
275.7
|
284.2
|
300.0
|
310.2
|
317.4
|
354.4
|
381.2
|
Free Cash Flow
1 |
315,028
|
712,406
|
1,023,241
|
707,055
|
346,389
|
598,552
|
721,549
|
722,052
|
FCF margin
|
6.2%
|
13.6%
|
19.26%
|
12.98%
|
6.11%
|
10.32%
|
12.06%
|
11.74%
|
FCF Conversion (EBITDA)
|
19.99%
|
41.54%
|
57.29%
|
39.53%
|
19.54%
|
33.38%
|
39.04%
|
38.01%
|
FCF Conversion (Net income)
|
51%
|
111.35%
|
157.06%
|
105.14%
|
51.13%
|
86.43%
|
99.2%
|
94.42%
|
Dividend per Share
2 |
105.0
|
115.0
|
120.0
|
125.0
|
135.0
|
141.2
|
150.9
|
160.8
|
Announcement Date
|
5/15/19
|
5/14/20
|
5/14/21
|
5/13/22
|
5/11/23
|
-
|
-
|
-
|
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
|
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
|
---|
Net sales
1 |
2,564,457
|
2,537,196
|
1,324,897
|
2,625,161
|
1,388,665
|
1,432,882
|
1,351,676
|
1,389,160
|
2,740,836
|
1,442,057
|
1,488,869
|
2,930,926
|
1,332,576
|
1,446,391
|
2,778,967
|
1,486,564
|
1,508,481
|
3,001,032
|
1,393,063
|
1,488,000
|
2,865,000
|
1,522,000
|
1,543,000
|
3,095,000
|
EBITDA
1 |
-
|
-
|
459,450
|
-
|
476,257
|
368,670
|
470,201
|
436,164
|
-
|
-
|
406,807
|
-
|
436,542
|
464,343
|
-
|
460,723
|
350,167
|
-
|
469,000
|
479,000
|
-
|
484,000
|
431,000
|
-
|
EBIT
1 |
553,407
|
588,763
|
273,882
|
573,075
|
301,496
|
186,021
|
296,935
|
261,592
|
558,527
|
284,893
|
232,329
|
517,222
|
266,668
|
293,651
|
560,319
|
287,558
|
233,782
|
-
|
292,500
|
312,500
|
608,000
|
323,000
|
262,850
|
612,000
|
Operating Margin
|
21.58%
|
23.21%
|
20.67%
|
21.83%
|
21.71%
|
12.98%
|
21.97%
|
18.83%
|
20.38%
|
19.76%
|
15.6%
|
17.65%
|
20.01%
|
20.3%
|
20.16%
|
19.34%
|
15.5%
|
-
|
21%
|
21%
|
21.22%
|
21.22%
|
17.03%
|
19.77%
|
Earnings before Tax (EBT)
1 |
550,195
|
588,385
|
274,291
|
574,471
|
303,308
|
186,718
|
300,545
|
259,412
|
559,957
|
282,040
|
235,881
|
517,921
|
276,838
|
306,420
|
583,258
|
286,238
|
166,252
|
560,742
|
294,500
|
314,500
|
614,000
|
325,000
|
265,500
|
618,000
|
Net income
1 |
347,545
|
372,899
|
171,579
|
361,469
|
192,752
|
118,265
|
191,797
|
162,581
|
354,378
|
177,990
|
145,101
|
323,091
|
176,943
|
191,752
|
368,695
|
176,898
|
134,644
|
345,369
|
184,620
|
197,890
|
382,560
|
205,040
|
161,640
|
385,360
|
Net margin
|
13.55%
|
14.7%
|
12.95%
|
13.77%
|
13.88%
|
8.25%
|
14.19%
|
11.7%
|
12.93%
|
12.34%
|
9.75%
|
11.02%
|
13.28%
|
13.26%
|
13.27%
|
11.9%
|
8.93%
|
11.51%
|
13.25%
|
13.3%
|
13.35%
|
13.47%
|
10.48%
|
12.45%
|
EPS
2 |
148.7
|
162.1
|
76.22
|
160.3
|
86.20
|
53.57
|
87.01
|
74.11
|
161.1
|
81.79
|
67.34
|
-
|
82.02
|
89.74
|
171.8
|
84.59
|
68.09
|
-
|
86.40
|
96.50
|
182.9
|
102.8
|
81.40
|
184.2
|
Dividend per Share
2 |
55.00
|
60.00
|
60.00
|
60.00
|
-
|
65.00
|
-
|
65.00
|
65.00
|
-
|
70.00
|
70.00
|
-
|
70.00
|
70.00
|
-
|
75.00
|
75.00
|
-
|
75.00
|
75.00
|
-
|
80.00
|
80.00
|
Announcement Date
|
11/1/19
|
10/30/20
|
10/29/21
|
10/29/21
|
1/28/22
|
5/13/22
|
7/29/22
|
11/2/22
|
11/2/22
|
2/2/23
|
5/11/23
|
5/11/23
|
7/28/23
|
11/2/23
|
11/2/23
|
2/2/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
944,992
|
1,311,164
|
434,754
|
803,491
|
771,942
|
1,446,510
|
1,510,443
|
1,340,593
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.5996
x
|
0.7645
x
|
0.2434
x
|
0.4492
x
|
0.4354
x
|
0.8066
x
|
0.8172
x
|
0.7058
x
|
Free Cash Flow
1 |
315,028
|
712,406
|
1,023,241
|
707,055
|
346,389
|
598,552
|
721,549
|
722,052
|
ROE (net income / shareholders' equity)
|
15.5%
|
14.9%
|
14.2%
|
13.8%
|
13.4%
|
13.4%
|
13.3%
|
13.5%
|
ROA (Net income/ Total Assets)
|
14.5%
|
12.1%
|
10.3%
|
9.85%
|
9.37%
|
5.88%
|
5.76%
|
5.78%
|
Assets
1 |
4,250,660
|
5,299,713
|
6,312,352
|
6,829,023
|
7,228,626
|
11,776,288
|
12,628,873
|
13,219,381
|
Book Value Per Share
2 |
1,779
|
1,906
|
2,092
|
2,249
|
2,375
|
2,475
|
2,731
|
2,921
|
Cash Flow per Share
2 |
495.0
|
573.0
|
602.0
|
625.0
|
630.0
|
642.0
|
702.0
|
717.0
|
Capex
1 |
602,138
|
615,054
|
624,636
|
675,567
|
634,125
|
672,578
|
652,751
|
663,662
|
Capex / Sales
|
11.85%
|
11.74%
|
11.76%
|
12.4%
|
11.18%
|
11.6%
|
10.91%
|
10.79%
|
Announcement Date
|
5/15/19
|
5/14/20
|
5/14/21
|
5/13/22
|
5/11/23
|
-
|
-
|
-
|
Last Close Price
4,422
JPY Average target price
4,907
JPY Spread / Average Target +10.97% Consensus |