Delayed
Japan Exchange
02:00:00 2024-05-21 am EDT
|
5-day change
|
1st Jan Change
|
2,698
JPY
|
-2.76%
|
|
+1.24%
|
+16.72%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,505,187
|
2,796,910
|
3,021,411
|
2,816,528
|
2,661,180
|
4,118,743
|
-
|
-
|
Enterprise Value (EV)
1 |
2,607,340
|
2,876,206
|
3,081,210
|
2,837,273
|
2,705,795
|
4,051,918
|
4,064,480
|
3,985,785
|
P/E ratio
|
31.1
x
|
32.6
x
|
39.1
x
|
31.7
x
|
30
x
|
38.2
x
|
33.4
x
|
28.9
x
|
Yield
|
0.8%
|
0.75%
|
0.73%
|
0.91%
|
1.12%
|
0.81%
|
0.89%
|
0.98%
|
Capitalization / Revenue
|
4.18
x
|
4.45
x
|
4.92
x
|
4
x
|
3.24
x
|
4.4
x
|
4.24
x
|
3.95
x
|
EV / Revenue
|
4.35
x
|
4.57
x
|
5.02
x
|
4.03
x
|
3.3
x
|
4.4
x
|
4.18
x
|
3.82
x
|
EV / EBITDA
|
17.3
x
|
17.6
x
|
20.2
x
|
16.2
x
|
14.4
x
|
18.7
x
|
17.3
x
|
15.2
x
|
EV / FCF
|
79.7
x
|
103
x
|
69.6
x
|
45
x
|
46.3
x
|
59.7
x
|
28.9
x
|
38.2
x
|
FCF Yield
|
1.26%
|
0.97%
|
1.44%
|
2.22%
|
2.16%
|
1.68%
|
3.46%
|
2.62%
|
Price to Book
|
3.6
x
|
3.71
x
|
3.53
x
|
2.78
x
|
2.4
x
|
3.05
x
|
2.93
x
|
3
x
|
Nbr of stocks (in thousands)
|
1,482,359
|
1,503,715
|
1,511,083
|
1,512,636
|
1,489,189
|
1,484,767
|
-
|
-
|
Reference price
2 |
1,690
|
1,860
|
2,000
|
1,862
|
1,787
|
2,774
|
2,774
|
2,774
|
Announcement Date
|
5/9/19
|
5/18/20
|
5/12/21
|
5/12/22
|
5/15/23
|
5/14/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
599,481
|
628,897
|
613,842
|
703,303
|
820,209
|
921,863
|
971,533
|
1,043,663
|
EBITDA
1 |
150,672
|
162,969
|
152,318
|
174,842
|
187,570
|
216,841
|
235,596
|
261,612
|
EBIT
1 |
106,637
|
110,611
|
98,386
|
115,960
|
117,332
|
140,096
|
162,600
|
187,124
|
Operating Margin
|
17.79%
|
17.59%
|
16.03%
|
16.49%
|
14.31%
|
15.2%
|
16.74%
|
17.93%
|
Earnings before Tax (EBT)
1 |
102,709
|
106,466
|
97,060
|
114,501
|
116,137
|
140,829
|
163,915
|
186,884
|
Net income
1 |
79,470
|
85,211
|
77,268
|
88,813
|
89,325
|
106,374
|
123,772
|
142,875
|
Net margin
|
13.26%
|
13.55%
|
12.59%
|
12.63%
|
10.89%
|
11.54%
|
12.74%
|
13.69%
|
EPS
2 |
54.35
|
56.98
|
51.16
|
58.72
|
59.50
|
71.50
|
83.17
|
96.11
|
Free Cash Flow
1 |
32,726
|
27,969
|
44,277
|
63,013
|
58,415
|
67,904
|
140,741
|
104,333
|
FCF margin
|
5.46%
|
4.45%
|
7.21%
|
8.96%
|
7.12%
|
7.37%
|
14.49%
|
10%
|
FCF Conversion (EBITDA)
|
21.72%
|
17.16%
|
29.07%
|
36.04%
|
31.14%
|
31.32%
|
59.74%
|
39.88%
|
FCF Conversion (Net income)
|
41.18%
|
32.82%
|
57.3%
|
70.95%
|
65.4%
|
63.84%
|
113.71%
|
73.02%
|
Dividend per Share
2 |
13.50
|
14.00
|
14.50
|
17.00
|
20.00
|
22.00
|
24.82
|
27.08
|
Announcement Date
|
5/9/19
|
5/18/20
|
5/12/21
|
5/12/22
|
5/15/23
|
5/14/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2021 S1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
307,278
|
283,296
|
172,921
|
344,637
|
178,845
|
179,821
|
197,340
|
205,976
|
403,316
|
214,677
|
202,216
|
215,252
|
228,622
|
443,874
|
239,077
|
238,912
|
236,042
|
244,560
|
254,735
|
246,837
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
55,047
|
-
|
-
|
-
|
-
|
EBIT
1 |
59,150
|
41,824
|
29,624
|
65,857
|
28,598
|
21,505
|
30,427
|
25,550
|
55,977
|
37,537
|
23,121
|
29,644
|
36,848
|
66,492
|
39,027
|
34,577
|
37,833
|
42,433
|
44,233
|
39,133
|
Operating Margin
|
19.25%
|
14.76%
|
17.13%
|
19.11%
|
15.99%
|
11.96%
|
15.42%
|
12.4%
|
13.88%
|
17.49%
|
11.43%
|
13.77%
|
16.12%
|
14.98%
|
16.32%
|
14.47%
|
16.03%
|
17.35%
|
17.36%
|
15.85%
|
Earnings before Tax (EBT)
1 |
58,065
|
40,659
|
29,262
|
65,282
|
27,762
|
21,457
|
29,667
|
24,957
|
54,624
|
37,476
|
24,037
|
29,804
|
36,624
|
66,428
|
39,315
|
35,086
|
36,900
|
45,400
|
45,200
|
39,400
|
Net income
1 |
45,711
|
31,842
|
22,093
|
49,988
|
21,708
|
17,117
|
22,398
|
17,923
|
40,321
|
29,859
|
19,145
|
22,549
|
27,543
|
50,092
|
29,805
|
26,477
|
29,100
|
31,800
|
33,300
|
30,573
|
Net margin
|
14.88%
|
11.24%
|
12.78%
|
14.5%
|
12.14%
|
9.52%
|
11.35%
|
8.7%
|
10%
|
13.91%
|
9.47%
|
10.48%
|
12.05%
|
11.29%
|
12.47%
|
11.08%
|
12.33%
|
13%
|
13.07%
|
12.39%
|
EPS
2 |
30.72
|
21.10
|
14.60
|
33.06
|
14.36
|
11.32
|
14.80
|
11.88
|
26.68
|
19.94
|
12.88
|
15.14
|
18.50
|
33.64
|
20.03
|
17.84
|
19.13
|
20.81
|
23.30
|
19.40
|
Dividend per Share
2 |
7.000
|
7.000
|
8.000
|
8.000
|
-
|
9.000
|
-
|
-
|
9.500
|
-
|
-
|
-
|
11.00
|
11.00
|
-
|
11.00
|
-
|
12.50
|
-
|
12.50
|
Announcement Date
|
11/7/19
|
11/5/20
|
11/4/21
|
11/4/21
|
2/9/22
|
5/12/22
|
8/9/22
|
11/10/22
|
11/10/22
|
2/9/23
|
5/15/23
|
8/9/23
|
11/14/23
|
11/14/23
|
2/7/24
|
5/14/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
102,153
|
79,296
|
59,799
|
20,745
|
44,615
|
23,331
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
54,264
|
132,958
|
Leverage (Debt/EBITDA)
|
0.678
x
|
0.4866
x
|
0.3926
x
|
0.1186
x
|
0.2379
x
|
0.1096
x
|
-
|
-
|
Free Cash Flow
1 |
32,726
|
27,969
|
44,277
|
63,013
|
58,415
|
67,904
|
140,741
|
104,333
|
ROE (net income / shareholders' equity)
|
12.7%
|
11.7%
|
9.6%
|
9.5%
|
8.4%
|
8.7%
|
9.64%
|
10.4%
|
ROA (Net income/ Total Assets)
|
9.34%
|
9.01%
|
7.49%
|
8.11%
|
7.55%
|
8.2%
|
8.28%
|
8.37%
|
Assets
1 |
851,025
|
945,282
|
1,031,943
|
1,095,564
|
1,182,898
|
1,296,781
|
1,494,093
|
1,707,906
|
Book Value Per Share
2 |
470.0
|
502.0
|
567.0
|
669.0
|
746.0
|
894.0
|
946.0
|
926.0
|
Cash Flow per Share
2 |
84.50
|
92.00
|
86.90
|
97.70
|
106.0
|
123.0
|
132.0
|
144.0
|
Capex
1 |
60,845
|
89,510
|
77,208
|
69,230
|
75,774
|
78,426
|
83,403
|
85,026
|
Capex / Sales
|
10.15%
|
14.23%
|
12.58%
|
9.84%
|
9.24%
|
8.51%
|
8.58%
|
8.15%
|
Announcement Date
|
5/9/19
|
5/18/20
|
5/12/21
|
5/12/22
|
5/15/23
|
5/14/24
|
-
|
-
|
Last Close Price
2,774
JPY Average target price
3,001
JPY Spread / Average Target +8.18% Consensus |