Delayed
Japan Exchange
02:00:00 2024-05-02 am EDT
|
5-day change
|
1st Jan Change
|
2,966
JPY
|
+1.44%
|
|
-5.62%
|
+2.03%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
829,505
|
1,033,327
|
1,040,911
|
787,793
|
1,102,150
|
1,124,523
|
-
|
-
|
Enterprise Value (EV)
1 |
662,161
|
861,755
|
844,195
|
593,018
|
880,762
|
874,598
|
855,435
|
827,148
|
P/E ratio
|
19.1
x
|
26.3
x
|
26.1
x
|
19.7
x
|
23.2
x
|
22.5
x
|
19.8
x
|
19.7
x
|
Yield
|
2.51%
|
2.11%
|
2.19%
|
3.01%
|
2.32%
|
2.45%
|
2.68%
|
2.84%
|
Capitalization / Revenue
|
0.94
x
|
1.24
x
|
1.22
x
|
0.91
x
|
1.13
x
|
1.06
x
|
0.97
x
|
0.96
x
|
EV / Revenue
|
0.75
x
|
1.03
x
|
0.99
x
|
0.69
x
|
0.9
x
|
0.83
x
|
0.74
x
|
0.71
x
|
EV / EBITDA
|
9.54
x
|
13.5
x
|
13.2
x
|
9.4
x
|
12.4
x
|
11.2
x
|
9.81
x
|
9.4
x
|
EV / FCF
|
16.2
x
|
36.5
x
|
18
x
|
26.8
x
|
17.6
x
|
17.9
x
|
15.8
x
|
13.4
x
|
FCF Yield
|
6.18%
|
2.74%
|
5.57%
|
3.73%
|
5.7%
|
5.6%
|
6.32%
|
7.46%
|
Price to Book
|
3.2
x
|
3.73
x
|
3.48
x
|
2.47
x
|
3.21
x
|
3.05
x
|
2.83
x
|
2.65
x
|
Nbr of stocks (in thousands)
|
379,203
|
379,202
|
379,202
|
379,202
|
379,202
|
379,202
|
-
|
-
|
Reference price
2 |
2,188
|
2,725
|
2,745
|
2,078
|
2,906
|
2,966
|
2,966
|
2,966
|
Announcement Date
|
2/3/20
|
2/1/21
|
2/1/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
886,536
|
836,323
|
851,894
|
861,022
|
977,370
|
1,058,737
|
1,160,483
|
1,166,162
|
EBITDA
1 |
69,420
|
63,912
|
63,809
|
63,058
|
70,893
|
78,082
|
87,220
|
88,008
|
EBIT
1 |
62,192
|
56,309
|
55,827
|
54,768
|
62,959
|
71,008
|
80,536
|
81,132
|
Operating Margin
|
7.02%
|
6.73%
|
6.55%
|
6.36%
|
6.44%
|
6.71%
|
6.94%
|
6.96%
|
Earnings before Tax (EBT)
1 |
62,668
|
57,584
|
58,190
|
56,509
|
64,892
|
72,713
|
81,839
|
80,999
|
Net income
1 |
43,497
|
39,309
|
39,927
|
40,022
|
47,448
|
49,904
|
56,854
|
57,049
|
Net margin
|
4.91%
|
4.7%
|
4.69%
|
4.65%
|
4.85%
|
4.71%
|
4.9%
|
4.89%
|
EPS
2 |
114.7
|
103.7
|
105.3
|
105.5
|
125.1
|
131.6
|
149.9
|
150.4
|
Free Cash Flow
1 |
40,902
|
23,632
|
46,991
|
22,119
|
50,176
|
48,985
|
54,097
|
61,718
|
FCF margin
|
4.61%
|
2.83%
|
5.52%
|
2.57%
|
5.13%
|
4.63%
|
4.66%
|
5.29%
|
FCF Conversion (EBITDA)
|
58.92%
|
36.98%
|
73.64%
|
35.08%
|
70.78%
|
62.73%
|
62.02%
|
70.13%
|
FCF Conversion (Net income)
|
94.03%
|
60.12%
|
117.69%
|
55.27%
|
105.75%
|
98.16%
|
95.15%
|
108.18%
|
Dividend per Share
2 |
55.00
|
57.50
|
60.00
|
62.50
|
67.50
|
72.75
|
79.58
|
84.36
|
Announcement Date
|
2/3/20
|
2/1/21
|
2/1/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
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
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
436,382
|
432,943
|
403,380
|
466,625
|
185,521
|
199,748
|
385,269
|
210,069
|
235,267
|
445,336
|
196,863
|
218,823
|
415,686
|
242,609
|
278,447
|
521,056
|
219,002
|
237,312
|
266,664
|
292,143
|
542,200
|
238,590
|
267,474
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
17,694
|
19,197
|
21,836
|
-
|
13,582
|
22,271
|
EBIT
1 |
28,312
|
30,310
|
25,999
|
33,246
|
8,817
|
13,764
|
22,581
|
13,785
|
16,993
|
30,778
|
9,312
|
14,678
|
23,990
|
16,875
|
19,837
|
36,712
|
10,678
|
15,569
|
17,242
|
21,035
|
39,400
|
12,706
|
19,173
|
Operating Margin
|
6.49%
|
7%
|
6.45%
|
7.12%
|
4.75%
|
6.89%
|
5.86%
|
6.56%
|
7.22%
|
6.91%
|
4.73%
|
6.71%
|
5.77%
|
6.96%
|
7.12%
|
7.05%
|
4.88%
|
6.56%
|
6.47%
|
7.2%
|
7.27%
|
5.33%
|
7.17%
|
Earnings before Tax (EBT)
1 |
27,975
|
30,956
|
26,628
|
34,935
|
9,241
|
14,014
|
-
|
15,485
|
17,394
|
32,879
|
9,753
|
13,877
|
-
|
17,424
|
20,113
|
37,537
|
11,222
|
16,133
|
17,627
|
20,858
|
-
|
12,368
|
19,272
|
Net income
1 |
19,975
|
20,789
|
18,520
|
23,657
|
6,264
|
10,006
|
16,270
|
10,519
|
12,329
|
22,848
|
6,891
|
10,283
|
17,174
|
11,591
|
13,826
|
25,417
|
7,718
|
14,313
|
11,679
|
14,507
|
27,400
|
8,688
|
14,228
|
Net margin
|
4.58%
|
4.8%
|
4.59%
|
5.07%
|
3.38%
|
5.01%
|
4.22%
|
5.01%
|
5.24%
|
5.13%
|
3.5%
|
4.7%
|
4.13%
|
4.78%
|
4.97%
|
4.88%
|
3.52%
|
6.03%
|
4.38%
|
4.97%
|
5.05%
|
3.64%
|
5.32%
|
EPS
2 |
52.68
|
54.82
|
48.84
|
62.39
|
16.52
|
26.39
|
42.90
|
27.74
|
32.52
|
60.26
|
18.17
|
27.12
|
45.29
|
30.57
|
36.46
|
67.03
|
20.36
|
37.74
|
30.80
|
37.85
|
-
|
23.02
|
34.28
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/3/20
|
8/7/20
|
2/1/21
|
8/2/21
|
10/29/21
|
2/1/22
|
2/1/22
|
4/28/22
|
8/1/22
|
8/1/22
|
10/31/22
|
2/1/23
|
2/1/23
|
5/1/23
|
8/1/23
|
8/1/23
|
10/31/23
|
2/1/24
|
4/30/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
167,344
|
171,572
|
196,716
|
194,775
|
221,388
|
249,925
|
269,087
|
297,375
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
40,902
|
23,632
|
46,991
|
22,119
|
50,176
|
48,985
|
54,097
|
61,718
|
ROE (net income / shareholders' equity)
|
17.8%
|
14.6%
|
13.9%
|
13%
|
14.3%
|
14.4%
|
15.1%
|
14%
|
ROA (Net income/ Total Assets)
|
14.7%
|
12.3%
|
12%
|
11.2%
|
11.9%
|
11.4%
|
11.2%
|
10.6%
|
Assets
1 |
296,511
|
318,674
|
332,065
|
356,583
|
398,907
|
438,936
|
506,540
|
540,598
|
Book Value Per Share
2 |
684.0
|
731.0
|
788.0
|
842.0
|
905.0
|
971.0
|
1,049
|
1,120
|
Cash Flow per Share
2 |
134.0
|
124.0
|
126.0
|
127.0
|
146.0
|
165.0
|
181.0
|
194.0
|
Capex
1 |
7,860
|
8,864
|
10,882
|
7,077
|
10,346
|
7,859
|
8,318
|
8,546
|
Capex / Sales
|
0.89%
|
1.06%
|
1.28%
|
0.82%
|
1.06%
|
0.74%
|
0.72%
|
0.73%
|
Announcement Date
|
2/3/20
|
2/1/21
|
2/1/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
Last Close Price
2,966
JPY Average target price
3,600
JPY Spread / Average Target +21.40% Consensus |