Market Closed -
Japan Exchange
11:30:00 01/05/2024 am IST
|
5-day change
|
1st Jan Change
|
6,592
JPY
|
+1.03%
|
|
+2.15%
|
+13.66%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
43,40,252
|
38,33,082
|
28,52,283
|
24,42,686
|
26,96,205
|
30,64,391
|
-
|
-
|
Enterprise Value (EV)
1 |
43,38,803
|
37,54,112
|
26,43,951
|
23,02,274
|
25,43,022
|
29,55,122
|
29,43,060
|
29,03,150
|
P/E ratio
|
29.4
x
|
30.4
x
|
26.1
x
|
28.7
x
|
61.5
x
|
29.9
x
|
25.8
x
|
23.4
x
|
Yield
|
1.44%
|
1.76%
|
2.39%
|
2.82%
|
2.59%
|
2.31%
|
2.35%
|
2.36%
|
Capitalization / Revenue
|
2.89
x
|
2.77
x
|
2.01
x
|
1.57
x
|
1.76
x
|
1.94
x
|
1.89
x
|
1.85
x
|
EV / Revenue
|
2.89
x
|
2.72
x
|
1.86
x
|
1.48
x
|
1.66
x
|
1.87
x
|
1.82
x
|
1.75
x
|
EV / EBITDA
|
14.7
x
|
14.3
x
|
11.5
x
|
11.5
x
|
17
x
|
13.1
x
|
11.9
x
|
11.2
x
|
EV / FCF
|
33.1
x
|
24.6
x
|
24.4
x
|
-
|
23.3
x
|
30.9
x
|
26.4
x
|
23.7
x
|
FCF Yield
|
3.02%
|
4.07%
|
4.1%
|
-
|
4.3%
|
3.24%
|
3.79%
|
4.23%
|
Price to Book
|
5.06
x
|
4.15
x
|
2.96
x
|
2.51
x
|
2.74
x
|
3.05
x
|
2.93
x
|
2.8
x
|
Nbr of stocks (in thousands)
|
4,80,914
|
4,80,939
|
4,73,880
|
4,64,831
|
4,64,863
|
4,64,865
|
-
|
-
|
Reference price
2 |
9,025
|
7,970
|
6,019
|
5,255
|
5,800
|
6,592
|
6,592
|
6,592
|
Announcement Date
|
04/02/20
|
03/02/21
|
03/02/22
|
02/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
15,02,241
|
13,81,997
|
14,18,768
|
15,51,059
|
15,32,579
|
15,82,170
|
16,19,919
|
16,56,015
|
EBITDA
1 |
2,95,092
|
2,61,643
|
2,30,851
|
1,99,809
|
1,49,630
|
2,25,489
|
2,47,672
|
2,59,270
|
EBIT
1 |
2,11,723
|
1,75,563
|
1,43,510
|
1,10,071
|
60,035
|
1,35,141
|
1,57,822
|
1,73,234
|
Operating Margin
|
14.09%
|
12.7%
|
10.12%
|
7.1%
|
3.92%
|
8.54%
|
9.74%
|
10.46%
|
Earnings before Tax (EBT)
1 |
2,10,645
|
1,73,971
|
1,50,002
|
1,15,848
|
63,842
|
1,39,025
|
1,62,013
|
1,78,044
|
Net income
1 |
1,48,213
|
1,26,142
|
1,09,636
|
86,038
|
43,870
|
1,02,463
|
1,18,310
|
1,30,072
|
Net margin
|
9.87%
|
9.13%
|
7.73%
|
5.55%
|
2.86%
|
6.48%
|
7.3%
|
7.85%
|
EPS
2 |
306.7
|
262.3
|
230.6
|
183.3
|
94.37
|
220.7
|
255.1
|
281.5
|
Free Cash Flow
1 |
1,31,136
|
1,52,777
|
1,08,292
|
-
|
1,09,303
|
95,752
|
1,11,494
|
1,22,692
|
FCF margin
|
8.73%
|
11.05%
|
7.63%
|
-
|
7.13%
|
6.05%
|
6.88%
|
7.41%
|
FCF Conversion (EBITDA)
|
44.44%
|
58.39%
|
46.91%
|
-
|
73.05%
|
42.46%
|
45.02%
|
47.32%
|
FCF Conversion (Net income)
|
88.48%
|
121.12%
|
98.77%
|
-
|
249.15%
|
93.45%
|
94.24%
|
94.33%
|
Dividend per Share
2 |
130.0
|
140.0
|
144.0
|
148.0
|
150.0
|
152.4
|
154.9
|
155.8
|
Announcement Date
|
04/02/20
|
03/02/21
|
03/02/22
|
02/02/23
|
07/02/24
|
-
|
-
|
-
|
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
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 S1
|
2025 S2
|
2026 S1
|
---|
Net sales
1 |
7,80,842
|
6,67,158
|
7,14,839
|
6,75,179
|
3,45,780
|
3,97,809
|
7,43,589
|
3,46,795
|
3,87,106
|
7,33,901
|
3,93,799
|
4,23,349
|
8,17,158
|
3,47,794
|
3,90,734
|
7,38,528
|
3,87,355
|
4,06,696
|
7,94,051
|
3,57,562
|
4,06,000
|
7,73,600
|
4,02,100
|
4,25,133
|
8,22,000
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
1,25,337
|
74,484
|
1,01,079
|
70,551
|
38,443
|
34,516
|
72,959
|
22,952
|
30,709
|
53,661
|
23,239
|
33,154
|
56,410
|
7,287
|
18,613
|
25,900
|
24,805
|
9,330
|
34,135
|
18,780
|
32,475
|
53,500
|
39,450
|
48,475
|
87,700
|
-
|
-
|
-
|
Operating Margin
|
16.05%
|
11.16%
|
14.14%
|
10.45%
|
11.12%
|
8.68%
|
9.81%
|
6.62%
|
7.93%
|
7.31%
|
5.9%
|
7.83%
|
6.9%
|
2.1%
|
4.76%
|
3.51%
|
6.4%
|
2.29%
|
4.3%
|
5.25%
|
8%
|
6.92%
|
9.81%
|
11.4%
|
10.67%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
1,25,130
|
73,730
|
1,00,241
|
74,133
|
39,376
|
36,493
|
75,869
|
25,654
|
34,818
|
60,472
|
24,628
|
30,753
|
-
|
8,439
|
20,200
|
28,639
|
25,943
|
9,260
|
35,203
|
21,500
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
90,918
|
50,600
|
75,542
|
52,538
|
29,532
|
27,566
|
57,098
|
18,244
|
20,644
|
38,888
|
19,412
|
27,718
|
-
|
4,817
|
11,807
|
16,624
|
15,918
|
11,328
|
27,246
|
15,000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
11.64%
|
7.58%
|
10.57%
|
7.78%
|
8.54%
|
6.93%
|
7.68%
|
5.26%
|
5.33%
|
5.3%
|
4.93%
|
6.55%
|
-
|
1.39%
|
3.02%
|
2.25%
|
4.11%
|
2.79%
|
3.43%
|
4.2%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
188.7
|
105.2
|
157.1
|
110.1
|
62.30
|
58.17
|
120.5
|
38.50
|
43.67
|
82.17
|
41.65
|
59.46
|
-
|
10.36
|
25.40
|
35.76
|
34.25
|
-
|
-
|
27.82
|
48.04
|
-
|
64.13
|
90.40
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
70.00
|
70.00
|
72.00
|
-
|
72.00
|
72.00
|
-
|
74.00
|
74.00
|
-
|
74.00
|
-
|
-
|
75.00
|
75.00
|
-
|
-
|
75.00
|
-
|
-
|
76.00
|
-
|
-
|
76.00
|
77.00
|
77.00
|
79.00
|
Announcement Date
|
04/02/20
|
29/07/20
|
03/02/21
|
03/08/21
|
02/11/21
|
03/02/22
|
03/02/22
|
11/05/22
|
03/08/22
|
03/08/22
|
01/11/22
|
02/02/23
|
02/02/23
|
10/05/23
|
03/08/23
|
03/08/23
|
08/11/23
|
07/02/24
|
07/02/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
1,449
|
78,970
|
2,08,332
|
1,40,412
|
1,53,183
|
1,13,911
|
1,29,671
|
1,68,840
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,31,136
|
1,52,777
|
1,08,292
|
-
|
1,09,303
|
95,752
|
1,11,494
|
1,22,692
|
ROE (net income / shareholders' equity)
|
17.6%
|
14.2%
|
11.6%
|
8.9%
|
4.5%
|
10.3%
|
11.6%
|
12.1%
|
ROA (Net income/ Total Assets)
|
13.5%
|
10.5%
|
8.9%
|
6.75%
|
3.65%
|
5.54%
|
6.24%
|
7.01%
|
Assets
1 |
10,97,874
|
12,03,456
|
12,31,424
|
12,73,829
|
12,01,197
|
18,48,004
|
18,97,409
|
18,56,443
|
Book Value Per Share
2 |
1,783
|
1,921
|
2,037
|
2,091
|
2,116
|
2,172
|
2,264
|
2,373
|
Cash Flow per Share
2 |
479.0
|
441.0
|
414.0
|
374.0
|
287.0
|
402.0
|
441.0
|
469.0
|
Capex
1 |
1,13,387
|
86,149
|
87,766
|
94,567
|
93,178
|
88,570
|
88,500
|
89,167
|
Capex / Sales
|
7.55%
|
6.23%
|
6.19%
|
6.1%
|
6.08%
|
5.6%
|
5.46%
|
5.38%
|
Announcement Date
|
04/02/20
|
03/02/21
|
03/02/22
|
02/02/23
|
07/02/24
|
-
|
-
|
-
|
Last Close Price
6,592
JPY Average target price
6,457
JPY Spread / Average Target -2.05% Consensus |
1st Jan change
|
Capi.
|
---|
| +13.66% | 19.26B | | -2.44% | 251B | | -.--% | 17.78B | | +2.40% | 10.7B | | -8.45% | 10.24B | | +16.90% | 7.51B | | +10.15% | 5.97B | | -1.78% | 4.43B | | -18.87% | 3.73B | | -5.65% | 3.51B |
Cosmetics & Perfumes
|