Delayed
Japan Exchange
10:29:11 2024-05-26 pm EDT
|
5-day change
|
1st Jan Change
|
4,480
JPY
|
0.00%
|
|
+1.82%
|
+32.15%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
145,410
|
134,263
|
186,400
|
167,623
|
176,510
|
294,339
|
-
|
-
|
Enterprise Value (EV)
1 |
142,002
|
124,986
|
171,399
|
137,557
|
141,585
|
267,404
|
294,339
|
294,339
|
P/E ratio
|
9.18
x
|
9.15
x
|
17.4
x
|
7.61
x
|
8.25
x
|
10
x
|
11.1
x
|
10.5
x
|
Yield
|
3.1%
|
3.75%
|
2.78%
|
3.4%
|
3.46%
|
2.41%
|
2.37%
|
2.54%
|
Capitalization / Revenue
|
0.67
x
|
0.64
x
|
0.95
x
|
0.78
x
|
0.74
x
|
1.07
x
|
1.17
x
|
1.14
x
|
EV / Revenue
|
0.67
x
|
0.64
x
|
0.95
x
|
0.78
x
|
0.74
x
|
1.07
x
|
1.17
x
|
1.14
x
|
EV / EBITDA
|
5.11
x
|
5.03
x
|
7.13
x
|
5.1
x
|
4.72
x
|
7.04
x
|
6.51
x
|
6.42
x
|
EV / FCF
|
48.2
x
|
12.1
x
|
17
x
|
8.57
x
|
17.7
x
|
42.6
x
|
9.62
x
|
14.6
x
|
FCF Yield
|
2.07%
|
8.28%
|
5.89%
|
11.7%
|
5.66%
|
2.34%
|
10.4%
|
6.84%
|
Price to Book
|
1.25
x
|
1.06
x
|
1.38
x
|
1.09
x
|
1.02
x
|
1.34
x
|
1.37
x
|
1.26
x
|
Nbr of stocks (in thousands)
|
66,337
|
66,336
|
66,334
|
66,333
|
66,332
|
65,701
|
-
|
-
|
Reference price
2 |
2,192
|
2,024
|
2,810
|
2,527
|
2,661
|
4,480
|
4,480
|
4,480
|
Announcement Date
|
5/7/19
|
5/11/20
|
5/10/21
|
5/9/22
|
5/8/23
|
5/7/24
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
215,495
|
208,900
|
196,372
|
216,236
|
238,116
|
249,391
|
251,000
|
258,367
|
EBITDA
1 |
28,430
|
26,701
|
26,152
|
32,880
|
37,408
|
41,800
|
45,200
|
45,850
|
EBIT
1 |
22,629
|
20,400
|
19,616
|
26,264
|
29,954
|
35,208
|
37,000
|
38,333
|
Operating Margin
|
10.5%
|
9.77%
|
9.99%
|
12.15%
|
12.58%
|
14.12%
|
14.74%
|
14.84%
|
Earnings before Tax (EBT)
1 |
22,832
|
21,037
|
17,532
|
30,679
|
30,822
|
38,352
|
37,600
|
39,920
|
Net income
1 |
15,861
|
14,700
|
10,715
|
22,034
|
21,398
|
26,961
|
26,300
|
27,903
|
Net margin
|
7.36%
|
7.04%
|
5.46%
|
10.19%
|
8.99%
|
10.81%
|
10.48%
|
10.8%
|
EPS
2 |
238.7
|
221.2
|
161.5
|
332.2
|
322.6
|
406.6
|
403.2
|
428.2
|
Free Cash Flow
1 |
3,017
|
11,116
|
10,980
|
19,550
|
9,999
|
6,270
|
30,600
|
20,136
|
FCF margin
|
1.4%
|
5.32%
|
5.59%
|
9.04%
|
4.2%
|
2.51%
|
12.19%
|
7.79%
|
FCF Conversion (EBITDA)
|
10.61%
|
41.63%
|
41.99%
|
59.46%
|
26.73%
|
32.54%
|
67.7%
|
43.92%
|
FCF Conversion (Net income)
|
19.02%
|
75.62%
|
102.47%
|
88.73%
|
46.73%
|
23.26%
|
116.35%
|
72.16%
|
Dividend per Share
2 |
68.00
|
76.00
|
78.00
|
86.00
|
92.00
|
98.00
|
106.0
|
114.0
|
Announcement Date
|
5/7/19
|
5/11/20
|
5/10/21
|
5/9/22
|
5/8/23
|
5/7/24
|
-
|
-
|
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
|
---|
Net sales
1 |
101,014
|
107,886
|
89,400
|
106,972
|
51,225
|
103,525
|
56,300
|
56,411
|
112,711
|
54,617
|
58,890
|
113,507
|
62,808
|
61,801
|
124,609
|
59,200
|
60,835
|
120,035
|
65,061
|
64,295
|
129,356
|
50,828
|
62,123
|
-
|
69,025
|
69,025
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
9,969
|
10,431
|
7,100
|
12,516
|
6,071
|
12,671
|
7,400
|
6,193
|
13,593
|
6,589
|
6,364
|
12,953
|
8,752
|
8,249
|
17,001
|
7,600
|
8,090
|
15,690
|
9,806
|
9,712
|
19,518
|
7,594
|
9,281
|
-
|
10,313
|
10,313
|
-
|
Operating Margin
|
9.87%
|
9.67%
|
7.94%
|
11.7%
|
11.85%
|
12.24%
|
13.14%
|
10.98%
|
12.06%
|
12.06%
|
10.81%
|
11.41%
|
13.93%
|
13.35%
|
13.64%
|
12.84%
|
13.3%
|
13.07%
|
15.07%
|
15.11%
|
15.09%
|
14.94%
|
14.94%
|
-
|
14.94%
|
14.94%
|
-
|
Earnings before Tax (EBT)
|
10,031
|
-
|
7,313
|
-
|
-
|
14,022
|
8,116
|
-
|
-
|
8,153
|
-
|
16,206
|
8,344
|
-
|
-
|
8,943
|
-
|
18,291
|
9,679
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
7,040
|
-
|
4,666
|
-
|
-
|
10,249
|
5,729
|
-
|
-
|
5,617
|
-
|
11,309
|
6,088
|
-
|
-
|
6,353
|
-
|
12,978
|
6,704
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
6.97%
|
-
|
5.22%
|
-
|
-
|
9.9%
|
10.18%
|
-
|
-
|
10.28%
|
-
|
9.96%
|
9.69%
|
-
|
-
|
10.73%
|
-
|
10.81%
|
10.3%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
106.1
|
-
|
70.34
|
-
|
-
|
154.5
|
86.37
|
-
|
-
|
84.69
|
-
|
170.5
|
91.78
|
-
|
-
|
95.78
|
-
|
195.6
|
101.0
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
38.00
|
-
|
38.00
|
40.00
|
-
|
42.00
|
-
|
-
|
-
|
-
|
-
|
46.00
|
-
|
-
|
-
|
-
|
-
|
48.00
|
-
|
-
|
50.00
|
-
|
-
|
54.00
|
-
|
-
|
54.00
|
Announcement Date
|
11/5/19
|
5/11/20
|
11/9/20
|
5/10/21
|
11/8/21
|
11/8/21
|
2/7/22
|
5/9/22
|
5/9/22
|
8/1/22
|
11/7/22
|
11/7/22
|
2/6/23
|
5/8/23
|
5/8/23
|
8/7/23
|
11/6/23
|
11/6/23
|
2/8/24
|
5/7/24
|
5/7/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
3,408
|
9,277
|
15,001
|
30,066
|
34,925
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
3,017
|
11,116
|
10,980
|
19,550
|
9,999
|
6,270
|
30,600
|
20,136
|
ROE (net income / shareholders' equity)
|
14%
|
12.1%
|
8.2%
|
15.2%
|
13.1%
|
15.8%
|
12.8%
|
12.6%
|
ROA (Net income/ Total Assets)
|
11.5%
|
10.4%
|
9.95%
|
13.1%
|
12.9%
|
9.67%
|
10.9%
|
8.1%
|
Assets
1 |
138,364
|
140,831
|
107,678
|
168,118
|
166,177
|
278,848
|
242,396
|
344,486
|
Book Value Per Share
2 |
1,761
|
1,904
|
2,042
|
2,326
|
2,598
|
3,039
|
3,278
|
3,551
|
Cash Flow per Share
2 |
325.0
|
316.0
|
260.0
|
432.0
|
435.0
|
289.0
|
533.0
|
590.0
|
Capex
1 |
12,816
|
8,978
|
7,703
|
11,355
|
10,069
|
11,117
|
10,700
|
11,833
|
Capex / Sales
|
5.95%
|
4.3%
|
3.92%
|
5.25%
|
4.23%
|
4.46%
|
4.26%
|
4.58%
|
Announcement Date
|
5/7/19
|
5/11/20
|
5/10/21
|
5/9/22
|
5/8/23
|
5/7/24
|
-
|
-
|
Last Close Price
4,480
JPY Average target price
4,200
JPY Spread / Average Target -6.25% Consensus |
1st Jan change
|
Capi.
|
---|
| +32.15% | 1.88B | | +26.42% | 6.78B | | -18.10% | 3.41B | | +64.66% | 2.88B | | +22.40% | 1.03B | | +30.73% | 486M | | +26.65% | 381M | | +23.89% | 368M | | +13.95% | 345M | | +24.47% | 270M |
Industrial Plant
|