Market Closed -
Japan Exchange
02:00:00 2024-05-09 am EDT
|
5-day change
|
1st Jan Change
|
2,990
JPY
|
+0.37%
|
|
+2.20%
|
+3.17%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
688,179
|
663,257
|
1,153,591
|
1,091,138
|
1,031,791
|
1,204,870
|
-
|
-
|
Enterprise Value (EV)
1 |
727,789
|
754,223
|
1,256,733
|
1,198,261
|
1,241,451
|
1,360,903
|
1,332,873
|
1,287,421
|
P/E ratio
|
11.6
x
|
14.5
x
|
29.8
x
|
15.8
x
|
13.4
x
|
24.3
x
|
15.9
x
|
13.6
x
|
Yield
|
1.68%
|
1.73%
|
0.99%
|
1.34%
|
1.59%
|
1.38%
|
1.51%
|
1.61%
|
Capitalization / Revenue
|
0.78
x
|
0.68
x
|
1.17
x
|
0.97
x
|
0.8
x
|
0.86
x
|
0.81
x
|
0.77
x
|
EV / Revenue
|
0.82
x
|
0.77
x
|
1.27
x
|
1.07
x
|
0.96
x
|
0.97
x
|
0.89
x
|
0.82
x
|
EV / EBITDA
|
6.71
x
|
7.19
x
|
12.6
x
|
8.72
x
|
8.03
x
|
10.4
x
|
8.12
x
|
7.05
x
|
EV / FCF
|
15.6
x
|
27.7
x
|
26.1
x
|
80.9
x
|
-20
x
|
41.1
x
|
29.3
x
|
20.2
x
|
FCF Yield
|
6.39%
|
3.61%
|
3.84%
|
1.24%
|
-5.01%
|
2.43%
|
3.41%
|
4.94%
|
Price to Book
|
1.73
x
|
1.67
x
|
2.55
x
|
2.03
x
|
1.62
x
|
1.8
x
|
1.65
x
|
1.51
x
|
Nbr of stocks (in thousands)
|
413,818
|
410,940
|
407,774
|
405,025
|
410,908
|
404,387
|
-
|
-
|
Reference price
2 |
1,663
|
1,614
|
2,829
|
2,694
|
2,511
|
2,980
|
2,980
|
2,980
|
Announcement Date
|
5/8/19
|
5/8/20
|
5/7/21
|
5/11/22
|
5/11/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
884,723
|
978,445
|
988,424
|
1,124,140
|
1,292,203
|
1,397,745
|
1,492,501
|
1,566,738
|
EBITDA
1 |
108,431
|
104,892
|
99,794
|
137,367
|
154,655
|
130,820
|
164,103
|
182,576
|
EBIT
1 |
72,033
|
58,647
|
51,166
|
92,136
|
101,522
|
70,095
|
101,815
|
118,352
|
Operating Margin
|
8.14%
|
5.99%
|
5.18%
|
8.2%
|
7.86%
|
5.01%
|
6.82%
|
7.55%
|
Earnings before Tax (EBT)
1 |
71,321
|
58,089
|
49,527
|
90,788
|
96,120
|
70,396
|
100,053
|
116,175
|
Net income
1 |
60,142
|
45,975
|
38,759
|
68,935
|
77,010
|
50,012
|
76,697
|
89,281
|
Net margin
|
6.8%
|
4.7%
|
3.92%
|
6.13%
|
5.96%
|
3.58%
|
5.14%
|
5.7%
|
EPS
2 |
143.9
|
111.1
|
94.95
|
170.1
|
187.6
|
122.5
|
187.8
|
219.0
|
Free Cash Flow
1 |
46,523
|
27,201
|
48,241
|
14,812
|
-62,182
|
33,132
|
45,490
|
63,624
|
FCF margin
|
5.26%
|
2.78%
|
4.88%
|
1.32%
|
-4.81%
|
2.37%
|
3.05%
|
4.06%
|
FCF Conversion (EBITDA)
|
42.91%
|
25.93%
|
48.34%
|
10.78%
|
-
|
25.33%
|
27.72%
|
34.85%
|
FCF Conversion (Net income)
|
77.36%
|
59.16%
|
124.46%
|
21.49%
|
-
|
66.25%
|
59.31%
|
71.26%
|
Dividend per Share
2 |
28.00
|
28.00
|
28.00
|
36.00
|
40.00
|
41.00
|
45.00
|
48.00
|
Announcement Date
|
5/8/19
|
5/8/20
|
5/7/21
|
5/11/22
|
5/11/23
|
-
|
-
|
-
|
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
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
2026 S1
|
2026 S2
|
---|
Net sales
1 |
483,898
|
494,547
|
461,730
|
526,694
|
281,955
|
530,260
|
304,348
|
289,532
|
593,880
|
251,040
|
330,021
|
581,061
|
371,424
|
339,718
|
711,142
|
292,370
|
379,747
|
672,117
|
381,207
|
341,187
|
720,496
|
325,226
|
393,164
|
707,236
|
413,559
|
388,609
|
803,798
|
804,414
|
846,250
|
EBITDA
1 |
-
|
-
|
-
|
-
|
36,118
|
-
|
37,405
|
33,524
|
-
|
26,130
|
39,446
|
-
|
39,873
|
49,206
|
-
|
20,855
|
-
|
-
|
40,150
|
34,128
|
-
|
32,163
|
42,524
|
-
|
45,714
|
43,653
|
-
|
-
|
-
|
EBIT
1 |
23,035
|
35,612
|
22,921
|
28,245
|
25,005
|
44,633
|
25,832
|
21,671
|
47,503
|
14,255
|
26,394
|
40,649
|
26,432
|
34,441
|
60,873
|
6,079
|
21,110
|
27,162
|
24,091
|
18,726
|
42,491
|
18,588
|
26,708
|
45,144
|
30,671
|
27,126
|
56,684
|
61,722
|
71,082
|
Operating Margin
|
4.76%
|
7.2%
|
4.96%
|
5.36%
|
8.87%
|
8.42%
|
8.49%
|
7.48%
|
8%
|
5.68%
|
8%
|
7%
|
7.12%
|
10.14%
|
8.56%
|
2.08%
|
5.56%
|
4.04%
|
6.32%
|
5.49%
|
5.9%
|
5.72%
|
6.79%
|
6.38%
|
7.42%
|
6.98%
|
7.05%
|
7.67%
|
8.4%
|
Earnings before Tax (EBT)
1 |
23,061
|
-
|
22,249
|
27,278
|
24,716
|
44,319
|
25,122
|
21,347
|
46,469
|
14,274
|
28,184
|
42,458
|
20,463
|
33,199
|
53,662
|
7,838
|
22,390
|
30,201
|
20,801
|
18,432
|
38,901
|
16,732
|
26,412
|
44,687
|
30,357
|
26,726
|
57,767
|
61,122
|
70,482
|
Net income
1 |
16,213
|
29,762
|
16,812
|
21,947
|
20,393
|
35,052
|
18,395
|
15,488
|
33,883
|
10,734
|
20,060
|
30,794
|
13,148
|
33,068
|
46,216
|
3,661
|
15,958
|
19,600
|
14,800
|
15,319
|
29,286
|
12,795
|
20,330
|
35,749
|
23,346
|
20,561
|
46,214
|
48,898
|
56,385
|
Net margin
|
3.35%
|
6.02%
|
3.64%
|
4.17%
|
7.23%
|
6.61%
|
6.04%
|
5.35%
|
5.71%
|
4.28%
|
6.08%
|
5.3%
|
3.54%
|
9.73%
|
6.5%
|
1.25%
|
4.2%
|
2.92%
|
3.88%
|
4.49%
|
4.06%
|
3.93%
|
5.17%
|
5.05%
|
5.65%
|
5.29%
|
5.75%
|
6.08%
|
6.66%
|
EPS
2 |
39.06
|
-
|
41.16
|
53.79
|
50.34
|
86.45
|
45.42
|
38.21
|
83.63
|
26.43
|
48.62
|
75.22
|
31.84
|
80.56
|
112.4
|
8.960
|
39.17
|
48.06
|
36.52
|
38.20
|
71.70
|
36.45
|
51.50
|
87.50
|
57.44
|
54.20
|
113.2
|
113.7
|
131.1
|
Dividend per Share
2 |
14.00
|
-
|
14.00
|
14.00
|
18.00
|
18.00
|
-
|
18.00
|
18.00
|
-
|
20.00
|
20.00
|
-
|
20.00
|
20.00
|
-
|
20.00
|
20.00
|
-
|
20.00
|
20.00
|
-
|
25.71
|
-
|
-
|
34.29
|
-
|
-
|
-
|
Announcement Date
|
11/7/19
|
5/8/20
|
11/6/20
|
5/7/21
|
11/5/21
|
11/5/21
|
2/4/22
|
5/11/22
|
5/11/22
|
8/5/22
|
11/2/22
|
11/2/22
|
2/3/23
|
5/11/23
|
5/11/23
|
8/4/23
|
11/2/23
|
11/2/23
|
2/2/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
39,610
|
90,966
|
103,142
|
107,123
|
209,660
|
156,032
|
128,002
|
82,551
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.3653
x
|
0.8672
x
|
1.034
x
|
0.7798
x
|
1.356
x
|
1.193
x
|
0.78
x
|
0.4521
x
|
Free Cash Flow
1 |
46,523
|
27,201
|
48,241
|
14,812
|
-62,182
|
33,132
|
45,490
|
63,624
|
ROE (net income / shareholders' equity)
|
15.9%
|
11.6%
|
9.2%
|
13.9%
|
13.1%
|
7.67%
|
10.8%
|
11.6%
|
ROA (Net income/ Total Assets)
|
9.84%
|
7.23%
|
5.38%
|
8.73%
|
7.98%
|
4.3%
|
5.68%
|
6.34%
|
Assets
1 |
611,350
|
635,781
|
720,466
|
790,033
|
964,692
|
1,164,250
|
1,350,854
|
1,408,886
|
Book Value Per Share
2 |
963.0
|
966.0
|
1,109
|
1,326
|
1,550
|
1,651
|
1,805
|
1,974
|
Cash Flow per Share
2 |
231.0
|
223.0
|
214.0
|
282.0
|
317.0
|
275.0
|
324.0
|
354.0
|
Capex
1 |
54,199
|
59,285
|
45,522
|
73,504
|
147,040
|
73,544
|
71,429
|
71,857
|
Capex / Sales
|
6.13%
|
6.06%
|
4.61%
|
6.54%
|
11.38%
|
5.26%
|
4.79%
|
4.59%
|
Announcement Date
|
5/8/19
|
5/8/20
|
5/7/21
|
5/11/22
|
5/11/23
|
-
|
-
|
-
|
Last Close Price
2,980
JPY Average target price
3,294
JPY Spread / Average Target +10.56% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.17% | 7.74B | | +12.12% | 109B | | +0.17% | 29.83B | | +13.33% | 22.54B | | -12.23% | 18.58B | | -8.14% | 17.14B | | +17.06% | 16.45B | | -6.24% | 12.03B | | +1.75% | 10.97B | | -10.45% | 8.91B |
Other Electronic Equipment & Parts
|