Delayed
Japan Exchange
02:00:00 2024-05-13 am EDT
|
5-day change
|
1st Jan Change
|
2,894
JPY
|
-0.14%
|
|
+0.77%
|
+11.82%
|
Fiscal Period: November |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
90,212
|
104,383
|
175,611
|
245,140
|
182,678
|
231,996
|
-
|
-
|
Enterprise Value (EV)
1 |
123,410
|
129,163
|
204,349
|
301,817
|
230,468
|
279,246
|
274,246
|
268,846
|
P/E ratio
|
20.5
x
|
21.8
x
|
18
x
|
17.5
x
|
15.8
x
|
15.5
x
|
12.4
x
|
10.3
x
|
Yield
|
0.5%
|
0.5%
|
0.66%
|
0.78%
|
1.4%
|
1.14%
|
1.33%
|
1.64%
|
Capitalization / Revenue
|
0.41
x
|
0.43
x
|
0.6
x
|
0.59
x
|
0.39
x
|
0.43
x
|
0.39
x
|
0.34
x
|
EV / Revenue
|
0.56
x
|
0.54
x
|
0.7
x
|
0.72
x
|
0.5
x
|
0.52
x
|
0.46
x
|
0.39
x
|
EV / EBITDA
|
14
x
|
12.7
x
|
11.6
x
|
13.5
x
|
11.3
x
|
11
x
|
8.96
x
|
7.55
x
|
EV / FCF
|
-6.16
x
|
12
x
|
-40.5
x
|
-9.53
x
|
23
x
|
65.2
x
|
44.6
x
|
41
x
|
FCF Yield
|
-16.2%
|
8.32%
|
-2.47%
|
-10.5%
|
4.34%
|
1.53%
|
2.24%
|
2.44%
|
Price to Book
|
3.24
x
|
3.41
x
|
4.23
x
|
4.36
x
|
2.74
x
|
2.99
x
|
2.49
x
|
2.09
x
|
Nbr of stocks (in thousands)
|
75,428
|
75,204
|
76,686
|
79,462
|
79,807
|
80,054
|
-
|
-
|
Reference price
2 |
1,196
|
1,388
|
2,290
|
3,085
|
2,289
|
2,898
|
2,898
|
2,898
|
Announcement Date
|
1/7/20
|
1/7/21
|
1/6/22
|
1/5/23
|
1/9/24
|
-
|
-
|
-
|
Fiscal Period: November |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
219,263
|
241,146
|
291,263
|
418,117
|
463,464
|
537,505
|
598,884
|
691,250
|
EBITDA
1 |
8,827
|
10,162
|
17,570
|
22,399
|
20,351
|
25,300
|
30,600
|
35,600
|
EBIT
1 |
6,085
|
6,825
|
13,637
|
19,448
|
16,084
|
21,083
|
26,217
|
31,825
|
Operating Margin
|
2.78%
|
2.83%
|
4.68%
|
4.65%
|
3.47%
|
3.92%
|
4.38%
|
4.6%
|
Earnings before Tax (EBT)
1 |
5,772
|
6,498
|
13,301
|
18,765
|
15,533
|
21,100
|
28,000
|
32,100
|
Net income
1 |
4,258
|
4,740
|
9,663
|
13,886
|
11,556
|
14,965
|
18,672
|
22,538
|
Net margin
|
1.94%
|
1.97%
|
3.32%
|
3.32%
|
2.49%
|
2.78%
|
3.12%
|
3.26%
|
EPS
2 |
58.27
|
63.62
|
127.1
|
176.3
|
145.0
|
187.4
|
233.8
|
281.2
|
Free Cash Flow
1 |
-20,035
|
10,740
|
-5,042
|
-31,684
|
10,012
|
4,280
|
6,150
|
6,550
|
FCF margin
|
-9.14%
|
4.45%
|
-1.73%
|
-7.58%
|
2.16%
|
0.8%
|
1.03%
|
0.95%
|
FCF Conversion (EBITDA)
|
-
|
105.69%
|
-
|
-
|
49.2%
|
16.92%
|
20.1%
|
18.4%
|
FCF Conversion (Net income)
|
-
|
226.58%
|
-
|
-
|
86.64%
|
28.6%
|
32.94%
|
29.06%
|
Dividend per Share
2 |
6.000
|
7.000
|
15.00
|
24.00
|
32.00
|
33.00
|
38.60
|
47.50
|
Announcement Date
|
1/7/20
|
1/7/21
|
1/6/22
|
1/5/23
|
1/9/24
|
-
|
-
|
-
|
Fiscal Period: November |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
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 |
114,442
|
115,791
|
125,355
|
139,231
|
79,170
|
152,032
|
81,507
|
100,825
|
182,332
|
106,998
|
128,787
|
235,785
|
117,937
|
111,891
|
229,828
|
119,395
|
114,241
|
233,636
|
119,457
|
129,106
|
265,000
|
137,810
|
139,605
|
256,500
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
2,800
|
177
|
6,648
|
6,345
|
3,833
|
7,292
|
4,382
|
4,769
|
9,151
|
5,605
|
4,692
|
10,297
|
1,769
|
6,196
|
7,965
|
6,474
|
1,645
|
8,119
|
2,215
|
6,092
|
7,800
|
6,750
|
6,900
|
12,100
|
Operating Margin
|
2.45%
|
0.15%
|
5.3%
|
4.56%
|
4.84%
|
4.8%
|
5.38%
|
4.73%
|
5.02%
|
5.24%
|
3.64%
|
4.37%
|
1.5%
|
5.54%
|
3.47%
|
5.42%
|
1.44%
|
3.48%
|
1.85%
|
4.72%
|
2.94%
|
4.9%
|
4.94%
|
4.72%
|
Earnings before Tax (EBT)
|
2,615
|
-40
|
6,538
|
6,203
|
3,695
|
7,098
|
4,325
|
4,604
|
8,929
|
5,627
|
4,209
|
9,836
|
1,741
|
6,050
|
7,791
|
6,409
|
-
|
-
|
2,114
|
-
|
-
|
-
|
-
|
-
|
Net income
|
1,963
|
-148
|
4,888
|
4,366
|
2,770
|
5,297
|
3,029
|
3,200
|
6,229
|
4,104
|
3,553
|
7,657
|
1,241
|
4,439
|
5,680
|
4,556
|
1,320
|
-
|
1,458
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
1.72%
|
-0.13%
|
3.9%
|
3.14%
|
3.5%
|
3.48%
|
3.72%
|
3.17%
|
3.42%
|
3.84%
|
2.76%
|
3.25%
|
1.05%
|
3.97%
|
2.47%
|
3.82%
|
1.16%
|
-
|
1.22%
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-1.980
|
-
|
57.91
|
-
|
-
|
39.24
|
-
|
79.73
|
51.87
|
-
|
-
|
15.60
|
-
|
71.34
|
57.15
|
-
|
-
|
18.23
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/7/20
|
7/3/20
|
1/7/21
|
7/5/21
|
1/6/22
|
1/6/22
|
4/4/22
|
7/4/22
|
7/4/22
|
10/3/22
|
1/5/23
|
1/5/23
|
4/3/23
|
7/3/23
|
7/3/23
|
10/2/23
|
1/9/24
|
1/9/24
|
4/1/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: November |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
33,198
|
24,780
|
28,738
|
56,677
|
47,790
|
47,250
|
42,250
|
36,850
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.761
x
|
2.438
x
|
1.636
x
|
2.53
x
|
2.348
x
|
1.868
x
|
1.381
x
|
1.035
x
|
Free Cash Flow
1 |
-20,035
|
10,740
|
-5,042
|
-31,684
|
10,012
|
4,280
|
6,150
|
6,550
|
ROE (net income / shareholders' equity)
|
18.6%
|
16.4%
|
27%
|
28.4%
|
18.8%
|
20.7%
|
22.3%
|
21.6%
|
ROA (Net income/ Total Assets)
|
5.68%
|
5.1%
|
12.7%
|
10.2%
|
6.82%
|
7.6%
|
9.4%
|
9.5%
|
Assets
1 |
75,018
|
92,994
|
76,025
|
136,145
|
169,378
|
196,908
|
198,642
|
237,237
|
Book Value Per Share
2 |
369.0
|
407.0
|
542.0
|
708.0
|
835.0
|
970.0
|
1,164
|
1,390
|
Cash Flow per Share
2 |
95.80
|
108.0
|
179.0
|
214.0
|
198.0
|
258.0
|
312.0
|
-
|
Capex
1 |
10,119
|
8,039
|
7,349
|
12,556
|
20,490
|
10,000
|
10,750
|
12,500
|
Capex / Sales
|
4.62%
|
3.33%
|
2.52%
|
3%
|
4.42%
|
1.86%
|
1.8%
|
1.81%
|
Announcement Date
|
1/7/20
|
1/7/21
|
1/6/22
|
1/5/23
|
1/9/24
|
-
|
-
|
-
|
Last Close Price
2,898
JPY Average target price
3,000
JPY Spread / Average Target +3.52% Consensus |