Delayed
Japan Exchange
07:52:43 01/05/2024 am IST
|
5-day change
|
1st Jan Change
|
1,496
JPY
|
-0.33%
|
|
+0.94%
|
+10.16%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,87,918
|
1,97,390
|
2,52,814
|
2,12,533
|
2,07,576
|
2,31,775
|
-
|
-
|
Enterprise Value (EV)
1 |
2,97,117
|
2,09,552
|
2,69,341
|
2,32,847
|
2,26,152
|
2,42,737
|
2,32,034
|
2,26,190
|
P/E ratio
|
12.1
x
|
17.8
x
|
-23.2
x
|
8.96
x
|
10.8
x
|
21.3
x
|
16.9
x
|
13.4
x
|
Yield
|
2.35%
|
3.64%
|
1.42%
|
3.38%
|
3.41%
|
3%
|
3.03%
|
3.25%
|
Capitalization / Revenue
|
0.85
x
|
0.65
x
|
0.93
x
|
0.58
x
|
0.49
x
|
0.59
x
|
0.57
x
|
0.55
x
|
EV / Revenue
|
0.88
x
|
0.69
x
|
0.99
x
|
0.63
x
|
0.54
x
|
0.62
x
|
0.57
x
|
0.54
x
|
EV / EBITDA
|
5.74
x
|
5.01
x
|
19.9
x
|
4.02
x
|
4.28
x
|
5.21
x
|
4.5
x
|
4.06
x
|
EV / FCF
|
133
x
|
44.7
x
|
57.9
x
|
19.6
x
|
14.6
x
|
9.58
x
|
11.7
x
|
9.2
x
|
FCF Yield
|
0.75%
|
2.24%
|
1.73%
|
5.11%
|
6.84%
|
10.4%
|
8.52%
|
10.9%
|
Price to Book
|
0.89
x
|
0.62
x
|
0.8
x
|
0.62
x
|
0.57
x
|
0.64
x
|
0.62
x
|
0.61
x
|
Nbr of stocks (in thousands)
|
1,59,511
|
1,59,507
|
1,59,504
|
1,59,500
|
1,57,255
|
1,54,465
|
-
|
-
|
Reference price
2 |
1,805
|
1,238
|
1,585
|
1,332
|
1,320
|
1,500
|
1,500
|
1,500
|
Announcement Date
|
08/05/19
|
08/05/20
|
11/05/21
|
12/05/22
|
12/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,38,869
|
3,02,150
|
2,73,163
|
3,69,293
|
4,19,568
|
3,91,176
|
4,04,840
|
4,18,705
|
EBITDA
1 |
51,796
|
41,831
|
13,549
|
57,937
|
52,840
|
46,556
|
51,618
|
55,708
|
EBIT
1 |
26,170
|
13,178
|
-15,921
|
29,062
|
23,528
|
15,984
|
18,825
|
22,172
|
Operating Margin
|
7.72%
|
4.36%
|
-5.83%
|
7.87%
|
5.61%
|
4.09%
|
4.65%
|
5.3%
|
Earnings before Tax (EBT)
1 |
32,119
|
15,748
|
-12,926
|
33,675
|
26,175
|
16,040
|
20,250
|
24,575
|
Net income
1 |
23,849
|
11,094
|
-10,899
|
23,720
|
19,392
|
11,036
|
13,775
|
17,375
|
Net margin
|
7.04%
|
3.67%
|
-3.99%
|
6.42%
|
4.62%
|
2.82%
|
3.4%
|
4.15%
|
EPS
2 |
149.5
|
69.55
|
-68.33
|
148.7
|
122.1
|
70.55
|
88.96
|
111.8
|
Free Cash Flow
1 |
2,235
|
4,693
|
4,654
|
11,900
|
15,471
|
25,345
|
19,777
|
24,582
|
FCF margin
|
0.66%
|
1.55%
|
1.7%
|
3.22%
|
3.69%
|
6.48%
|
4.89%
|
5.87%
|
FCF Conversion (EBITDA)
|
4.32%
|
11.22%
|
34.35%
|
20.54%
|
29.28%
|
54.44%
|
38.31%
|
44.13%
|
FCF Conversion (Net income)
|
9.37%
|
42.3%
|
-
|
50.17%
|
79.78%
|
229.65%
|
143.57%
|
141.48%
|
Dividend per Share
2 |
42.50
|
45.00
|
22.50
|
45.00
|
45.00
|
45.00
|
45.50
|
48.75
|
Announcement Date
|
08/05/19
|
08/05/20
|
11/05/21
|
12/05/22
|
12/05/23
|
-
|
-
|
-
|
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 Q3
|
2025 Q4
|
---|
Net sales
1 |
1,53,292
|
1,48,858
|
1,24,668
|
1,48,495
|
86,931
|
1,72,988
|
96,825
|
99,480
|
1,96,305
|
1,11,505
|
1,08,163
|
2,19,668
|
1,05,869
|
94,031
|
1,99,900
|
97,362
|
96,939
|
1,94,301
|
98,061
|
1,04,248
|
2,05,700
|
1,02,600
|
1,03,750
|
1,04,150
|
1,05,350
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
6,638
|
6,540
|
-1,188
|
-14,733
|
8,518
|
15,177
|
8,712
|
5,173
|
13,885
|
9,026
|
8,313
|
17,339
|
8,296
|
-2,107
|
6,189
|
6,721
|
3,285
|
10,006
|
4,437
|
2,619
|
6,000
|
4,100
|
4,400
|
5,050
|
5,200
|
Operating Margin
|
4.33%
|
4.39%
|
-0.95%
|
-9.92%
|
9.8%
|
8.77%
|
9%
|
5.2%
|
7.07%
|
8.09%
|
7.69%
|
7.89%
|
7.84%
|
-2.24%
|
3.1%
|
6.9%
|
3.39%
|
5.15%
|
4.52%
|
2.51%
|
2.92%
|
4%
|
4.24%
|
4.85%
|
4.94%
|
Earnings before Tax (EBT)
1 |
8,673
|
7,075
|
-72
|
-12,854
|
9,638
|
17,750
|
9,764
|
6,161
|
15,925
|
11,122
|
9,110
|
20,232
|
8,045
|
-2,102
|
5,943
|
7,019
|
2,766
|
9,785
|
4,404
|
4,000
|
6,200
|
4,500
|
5,000
|
6,000
|
6,000
|
Net income
1 |
5,731
|
5,363
|
-1,183
|
-9,716
|
6,707
|
12,350
|
6,986
|
4,384
|
11,370
|
7,591
|
6,478
|
14,069
|
6,370
|
-1,047
|
5,323
|
4,575
|
2,286
|
6,861
|
2,945
|
2,700
|
3,900
|
3,200
|
3,500
|
4,300
|
4,300
|
Net margin
|
3.74%
|
3.6%
|
-0.95%
|
-6.54%
|
7.72%
|
7.14%
|
7.22%
|
4.41%
|
5.79%
|
6.81%
|
5.99%
|
6.4%
|
6.02%
|
-1.11%
|
2.66%
|
4.7%
|
2.36%
|
3.53%
|
3%
|
2.59%
|
1.9%
|
3.12%
|
3.37%
|
4.13%
|
4.08%
|
EPS
2 |
35.93
|
-
|
-7.415
|
-
|
42.05
|
77.43
|
43.80
|
27.48
|
-
|
47.59
|
40.61
|
88.20
|
40.09
|
-6.222
|
-
|
29.09
|
14.54
|
43.63
|
18.95
|
10.62
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
11.25
|
-
|
-
|
20.00
|
-
|
-
|
-
|
-
|
-
|
22.50
|
-
|
-
|
-
|
-
|
-
|
22.50
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
06/11/19
|
08/05/20
|
06/11/20
|
11/05/21
|
05/11/21
|
05/11/21
|
03/02/22
|
12/05/22
|
12/05/22
|
04/08/22
|
07/11/22
|
07/11/22
|
06/02/23
|
12/05/23
|
12/05/23
|
07/08/23
|
07/11/23
|
07/11/23
|
06/02/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
9,199
|
12,162
|
16,527
|
20,314
|
18,576
|
10,962
|
259
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
5,585
|
Leverage (Debt/EBITDA)
|
0.1776
x
|
0.2907
x
|
1.22
x
|
0.3506
x
|
0.3516
x
|
0.2355
x
|
0.005027
x
|
-
|
Free Cash Flow
1 |
2,235
|
4,693
|
4,654
|
11,900
|
15,471
|
25,345
|
19,777
|
24,582
|
ROE (net income / shareholders' equity)
|
7.9%
|
3.5%
|
-3.4%
|
7.2%
|
5.5%
|
3%
|
4.26%
|
4.6%
|
ROA (Net income/ Total Assets)
|
6.75%
|
3.45%
|
-2.3%
|
6.8%
|
5.03%
|
2.7%
|
3.86%
|
4.33%
|
Assets
1 |
3,53,354
|
3,21,351
|
4,73,622
|
3,48,587
|
3,85,791
|
4,08,741
|
3,57,328
|
4,01,270
|
Book Value Per Share
2 |
2,025
|
2,004
|
1,990
|
2,156
|
2,303
|
2,347
|
2,402
|
2,468
|
Cash Flow per Share
2 |
310.0
|
249.0
|
116.0
|
330.0
|
307.0
|
334.0
|
271.0
|
-
|
Capex
1 |
33,683
|
32,319
|
32,731
|
23,113
|
23,634
|
19,305
|
24,163
|
25,093
|
Capex / Sales
|
9.94%
|
10.7%
|
11.98%
|
6.26%
|
5.63%
|
4.94%
|
5.97%
|
5.99%
|
Announcement Date
|
08/05/19
|
08/05/20
|
11/05/21
|
12/05/22
|
12/05/23
|
-
|
-
|
-
|
Last Close Price
1,500
JPY Average target price
1,374
JPY Spread / Average Target -8.44% Consensus |
1st Jan change
|
Capi.
|
---|
| +10.16% | 1.47B | | +4.41% | 103B | | +1.20% | 68.41B | | +44.29% | 39.97B | | +15.99% | 38.97B | | +5.14% | 33.12B | | +5.29% | 19.41B | | +12.32% | 16.73B | | +8.31% | 15.34B | | +17.69% | 15.07B |
Other Commodity Chemicals
|