Market Closed -
Japan Exchange
02:00:00 2024-05-14 am EDT
|
5-day change
|
1st Jan Change
|
1,924
JPY
|
-1.18%
|
|
+1.32%
|
+9.35%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,969,570
|
6,516,704
|
6,734,806
|
6,718,191
|
7,229,673
|
9,137,348
|
-
|
-
|
Enterprise Value (EV)
1 |
8,901,040
|
10,455,148
|
10,842,506
|
10,976,893
|
11,305,007
|
13,589,513
|
13,293,634
|
13,062,069
|
P/E ratio
|
13.9
x
|
13.8
x
|
13.9
x
|
13
x
|
13.6
x
|
18.9
x
|
18.3
x
|
16.6
x
|
Yield
|
3.01%
|
6.18%
|
5.98%
|
6.02%
|
5.62%
|
4.41%
|
4.51%
|
4.61%
|
Capitalization / Revenue
|
1.59
x
|
1.34
x
|
1.29
x
|
1.18
x
|
1.22
x
|
1.52
x
|
1.42
x
|
1.38
x
|
EV / Revenue
|
2.38
x
|
2.15
x
|
2.08
x
|
1.93
x
|
1.91
x
|
2.23
x
|
2.07
x
|
1.97
x
|
EV / EBITDA
|
7.6
x
|
6.59
x
|
6.5
x
|
6.42
x
|
6.2
x
|
8.39
x
|
8.12
x
|
7.36
x
|
EV / FCF
|
20.5
x
|
12.8
x
|
13.1
x
|
42.5
x
|
11.3
x
|
43.5
x
|
16.1
x
|
15.4
x
|
FCF Yield
|
4.87%
|
7.82%
|
7.63%
|
2.35%
|
8.85%
|
2.3%
|
6.21%
|
6.49%
|
Price to Book
|
4.79
x
|
6.51
x
|
4.46
x
|
4.01
x
|
3.25
x
|
4.07
x
|
3.85
x
|
3.58
x
|
Nbr of stocks (in thousands)
|
4,787,145
|
4,741,145
|
4,681,825
|
4,704,616
|
4,728,367
|
4,749,141
|
-
|
-
|
Reference price
2 |
1,247
|
1,374
|
1,438
|
1,428
|
1,529
|
1,924
|
1,924
|
1,924
|
Announcement Date
|
5/8/19
|
5/11/20
|
5/11/21
|
5/11/22
|
5/10/23
|
5/9/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,746,305
|
4,861,247
|
5,205,537
|
5,690,606
|
5,911,999
|
6,084,002
|
6,414,879
|
6,634,545
|
EBITDA
1 |
1,171,639
|
1,586,966
|
1,667,112
|
1,709,190
|
1,824,378
|
1,619,876
|
1,636,545
|
1,775,616
|
EBIT
1 |
719,459
|
911,725
|
970,770
|
985,746
|
1,060,168
|
876,068
|
910,978
|
1,009,025
|
Operating Margin
|
19.2%
|
18.75%
|
18.65%
|
17.32%
|
17.93%
|
14.4%
|
14.2%
|
15.21%
|
Earnings before Tax (EBT)
1 |
631,548
|
811,195
|
847,699
|
880,363
|
862,868
|
805,912
|
836,095
|
911,672
|
Net income
1 |
430,777
|
473,135
|
491,287
|
517,517
|
531,366
|
489,074
|
507,062
|
554,677
|
Net margin
|
11.5%
|
9.73%
|
9.44%
|
9.09%
|
8.99%
|
8.04%
|
7.9%
|
8.36%
|
EPS
2 |
89.99
|
99.27
|
103.8
|
110.1
|
112.5
|
103.2
|
105.3
|
116.2
|
Free Cash Flow
1 |
433,363
|
817,752
|
827,654
|
258,225
|
1,000,977
|
312,082
|
825,494
|
847,945
|
FCF margin
|
11.57%
|
16.82%
|
15.9%
|
4.54%
|
16.93%
|
5.13%
|
12.87%
|
12.78%
|
FCF Conversion (EBITDA)
|
36.99%
|
51.53%
|
49.65%
|
15.11%
|
54.87%
|
19.27%
|
50.44%
|
47.75%
|
FCF Conversion (Net income)
|
100.6%
|
172.84%
|
168.47%
|
49.9%
|
188.38%
|
63.81%
|
162.8%
|
152.87%
|
Dividend per Share
2 |
37.50
|
85.00
|
86.00
|
86.00
|
86.00
|
86.00
|
86.82
|
88.73
|
Announcement Date
|
5/8/19
|
5/11/20
|
5/11/21
|
5/11/22
|
5/10/23
|
5/9/24
|
-
|
-
|
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 |
2,373,104
|
-
|
2,428,427
|
-
|
1,367,660
|
2,724,234
|
1,449,595
|
1,516,777
|
-
|
1,361,999
|
1,446,556
|
2,808,555
|
1,536,904
|
1,566,540
|
3,103,444
|
1,429,666
|
1,504,092
|
2,933,758
|
1,577,806
|
1,572,438
|
3,150,244
|
1,502,281
|
1,564,043
|
3,058,000
|
1,632,614
|
1,644,376
|
3,362,000
|
EBITDA
1 |
-
|
-
|
-
|
-
|
467,734
|
-
|
430,346
|
345,251
|
-
|
428,292
|
433,789
|
-
|
687,727
|
-
|
-
|
-
|
-
|
-
|
440,976
|
327,199
|
-
|
455,000
|
473,000
|
-
|
420,000
|
372,000
|
-
|
EBIT
1 |
551,964
|
-
|
589,605
|
-
|
287,747
|
570,846
|
250,365
|
164,535
|
-
|
247,111
|
251,447
|
498,558
|
483,445
|
78,165
|
561,610
|
246,319
|
268,069
|
514,388
|
217,545
|
144,135
|
361,680
|
265,751
|
276,627
|
-
|
226,289
|
156,362
|
-
|
Operating Margin
|
23.26%
|
-
|
24.28%
|
-
|
21.04%
|
20.95%
|
17.27%
|
10.85%
|
-
|
18.14%
|
17.38%
|
17.75%
|
31.46%
|
4.99%
|
18.1%
|
17.23%
|
17.82%
|
17.53%
|
13.79%
|
9.17%
|
11.48%
|
17.69%
|
17.69%
|
-
|
13.86%
|
9.51%
|
-
|
Earnings before Tax (EBT)
1 |
514,243
|
-
|
531,834
|
-
|
261,053
|
533,515
|
193,806
|
153,042
|
-
|
221,869
|
200,177
|
422,046
|
402,303
|
38,519
|
440,822
|
248,621
|
252,352
|
500,973
|
189,488
|
115,451
|
304,939
|
250,500
|
271,000
|
542,000
|
235,000
|
115,500
|
358,000
|
Net income
1 |
327,424
|
-
|
315,104
|
-
|
156,293
|
307,257
|
113,577
|
96,683
|
-
|
128,542
|
108,599
|
237,141
|
271,465
|
22,760
|
294,225
|
146,719
|
155,422
|
302,141
|
104,541
|
82,392
|
186,933
|
149,258
|
159,595
|
324,978
|
132,322
|
65,436
|
196,178
|
Net margin
|
13.8%
|
-
|
12.98%
|
-
|
11.43%
|
11.28%
|
7.84%
|
6.37%
|
-
|
9.44%
|
7.51%
|
8.44%
|
17.66%
|
1.45%
|
9.48%
|
10.26%
|
10.33%
|
10.3%
|
6.63%
|
5.24%
|
5.93%
|
9.94%
|
10.2%
|
10.63%
|
8.1%
|
3.98%
|
5.84%
|
EPS
2 |
68.44
|
-
|
66.35
|
-
|
33.27
|
65.45
|
24.15
|
20.53
|
-
|
27.28
|
23.01
|
50.29
|
57.47
|
4.770
|
62.24
|
30.99
|
32.81
|
63.80
|
22.00
|
17.37
|
39.37
|
32.60
|
35.80
|
68.40
|
33.00
|
8.300
|
41.30
|
Dividend per Share
2 |
42.50
|
42.50
|
43.00
|
43.00
|
43.00
|
43.00
|
-
|
43.00
|
43.00
|
-
|
43.00
|
43.00
|
-
|
43.00
|
43.00
|
-
|
43.00
|
43.00
|
-
|
43.00
|
43.00
|
-
|
43.00
|
43.00
|
-
|
43.00
|
43.00
|
Announcement Date
|
11/5/19
|
5/11/20
|
11/4/20
|
5/11/21
|
11/4/21
|
11/4/21
|
2/3/22
|
5/11/22
|
5/11/22
|
8/4/22
|
11/4/22
|
11/4/22
|
2/3/23
|
5/10/23
|
5/10/23
|
8/4/23
|
11/8/23
|
11/8/23
|
2/7/24
|
5/9/24
|
5/9/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,931,470
|
3,938,444
|
4,107,700
|
4,258,702
|
4,075,334
|
4,328,014
|
4,156,286
|
3,924,721
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.502
x
|
2.482
x
|
2.464
x
|
2.492
x
|
2.234
x
|
2.672
x
|
2.54
x
|
2.21
x
|
Free Cash Flow
1 |
433,363
|
817,752
|
827,654
|
258,225
|
1,000,977
|
312,082
|
825,494
|
847,945
|
ROE (net income / shareholders' equity)
|
40.8%
|
37.9%
|
39.1%
|
32.2%
|
25.4%
|
21.3%
|
21.4%
|
22%
|
ROA (Net income/ Total Assets)
|
7.78%
|
10.4%
|
7.7%
|
7.06%
|
6.3%
|
5.34%
|
3.85%
|
3.6%
|
Assets
1 |
5,540,305
|
4,539,867
|
6,380,574
|
7,328,837
|
8,433,605
|
9,164,799
|
13,178,233
|
15,411,151
|
Book Value Per Share
2 |
261.0
|
211.0
|
323.0
|
356.0
|
470.0
|
480.0
|
500.0
|
537.0
|
Cash Flow per Share
2 |
184.0
|
241.0
|
251.0
|
264.0
|
274.0
|
261.0
|
268.0
|
278.0
|
Capex
1 |
393,219
|
431,783
|
479,522
|
709,092
|
788,609
|
554,074
|
652,001
|
629,895
|
Capex / Sales
|
10.5%
|
8.88%
|
9.21%
|
12.46%
|
13.34%
|
9.11%
|
10.16%
|
9.49%
|
Announcement Date
|
5/8/19
|
5/11/20
|
5/11/21
|
5/11/22
|
5/10/23
|
5/9/24
|
-
|
-
|
Last Close Price
1,924
JPY Average target price
1,931
JPY Spread / Average Target +0.38% Consensus |
1st Jan change
|
Capi.
|
---|
| +9.35% | 59.2B | | +24.45% | 91.65B | | -5.13% | 25.17B | | -12.28% | 21.41B | | +3.98% | 10.91B | | -0.25% | 10.12B | | -17.19% | 10.03B | | +4.51% | 9.3B | | -26.56% | 9.13B | | +22.14% | 6.65B |
Wireless Telecom
|