Market Closed -
Japan Exchange
11:30:00 02/05/2024 am IST
|
5-day change
|
1st Jan Change
|
1,968
JPY
|
-3.72%
|
|
-4.47%
|
+6.96%
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
62,385
|
93,682
|
1,34,954
|
1,40,315
|
1,22,564
|
1,03,329
|
-
|
-
|
Enterprise Value (EV)
1 |
53,367
|
84,570
|
1,23,934
|
1,26,844
|
1,08,255
|
89,829
|
86,029
|
81,729
|
P/E ratio
|
21.3
x
|
28.2
x
|
30.7
x
|
23.3
x
|
17.4
x
|
15
x
|
14
x
|
12.7
x
|
Yield
|
2.34%
|
1.78%
|
1.63%
|
2.14%
|
2.88%
|
3.18%
|
3.53%
|
3.87%
|
Capitalization / Revenue
|
3.35
x
|
4.81
x
|
5.68
x
|
4.85
x
|
3.65
x
|
2.97
x
|
2.8
x
|
2.61
x
|
EV / Revenue
|
2.87
x
|
4.34
x
|
5.22
x
|
4.38
x
|
3.22
x
|
2.59
x
|
2.33
x
|
2.06
x
|
EV / EBITDA
|
10.5
x
|
15
x
|
17.4
x
|
13.5
x
|
9.57
x
|
7.95
x
|
7.39
x
|
6.45
x
|
EV / FCF
|
22.9
x
|
26.6
x
|
32.1
x
|
30.3
x
|
27
x
|
16.3
x
|
13.9
x
|
12
x
|
FCF Yield
|
4.36%
|
3.76%
|
3.12%
|
3.3%
|
3.7%
|
6.12%
|
7.22%
|
8.31%
|
Price to Book
|
4.14
x
|
5.99
x
|
7.29
x
|
6.13
x
|
4.52
x
|
3.55
x
|
3.18
x
|
2.83
x
|
Nbr of stocks (in thousands)
|
55,086
|
53,686
|
53,553
|
53,658
|
53,545
|
52,505
|
-
|
-
|
Reference price
2 |
1,132
|
1,745
|
2,520
|
2,615
|
2,289
|
1,968
|
1,968
|
1,968
|
Announcement Date
|
14/11/19
|
13/11/20
|
12/11/21
|
15/11/22
|
15/11/23
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
18,616
|
19,479
|
23,752
|
28,953
|
33,616
|
34,742
|
36,930
|
39,618
|
EBITDA
1 |
5,072
|
5,648
|
7,116
|
9,396
|
11,312
|
11,300
|
11,635
|
12,680
|
EBIT
1 |
4,203
|
4,740
|
6,024
|
8,382
|
9,825
|
9,768
|
10,505
|
11,555
|
Operating Margin
|
22.58%
|
24.33%
|
25.36%
|
28.95%
|
29.23%
|
28.11%
|
28.45%
|
29.17%
|
Earnings before Tax (EBT)
1 |
4,180
|
4,747
|
6,093
|
8,503
|
9,859
|
9,700
|
10,517
|
11,584
|
Net income
1 |
2,935
|
3,348
|
4,407
|
6,018
|
7,068
|
6,888
|
7,403
|
8,130
|
Net margin
|
15.77%
|
17.19%
|
18.55%
|
20.79%
|
21.03%
|
19.83%
|
20.05%
|
20.52%
|
EPS
2 |
53.29
|
61.94
|
82.10
|
112.2
|
131.7
|
131.0
|
141.0
|
154.6
|
Free Cash Flow
1 |
2,327
|
3,182
|
3,861
|
4,182
|
4,004
|
5,502
|
6,211
|
6,790
|
FCF margin
|
12.5%
|
16.34%
|
16.26%
|
14.44%
|
11.91%
|
15.84%
|
16.82%
|
17.14%
|
FCF Conversion (EBITDA)
|
45.88%
|
56.35%
|
54.26%
|
44.5%
|
35.4%
|
48.69%
|
53.38%
|
53.55%
|
FCF Conversion (Net income)
|
79.28%
|
95.05%
|
87.61%
|
69.48%
|
56.65%
|
79.88%
|
83.9%
|
83.52%
|
Dividend per Share
2 |
26.50
|
31.00
|
41.00
|
56.00
|
66.00
|
62.50
|
69.50
|
76.25
|
Announcement Date
|
14/11/19
|
13/11/20
|
12/11/21
|
15/11/22
|
15/11/23
|
-
|
-
|
-
|
Fiscal Period: September |
2020 S1
|
2021 S1
|
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
|
---|
Net sales
1 |
8,669
|
10,744
|
6,233
|
13,008
|
7,350
|
6,089
|
13,439
|
7,694
|
7,820
|
15,514
|
8,117
|
7,099
|
15,216
|
9,375
|
9,025
|
18,400
|
8,145
|
8,309
|
16,454
|
9,133
|
9,023
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
2,054
|
2,719
|
1,164
|
3,305
|
2,204
|
1,740
|
3,944
|
2,456
|
1,982
|
4,438
|
2,581
|
2,342
|
4,923
|
3,114
|
1,788
|
4,902
|
2,835
|
2,440
|
5,275
|
2,593
|
2,103
|
Operating Margin
|
23.69%
|
25.31%
|
18.67%
|
25.41%
|
29.99%
|
28.58%
|
29.35%
|
31.92%
|
25.35%
|
28.61%
|
31.8%
|
32.99%
|
32.35%
|
33.22%
|
19.81%
|
26.64%
|
34.81%
|
29.37%
|
32.06%
|
28.39%
|
23.31%
|
Earnings before Tax (EBT)
|
2,037
|
2,796
|
1,172
|
-
|
2,230
|
1,788
|
4,018
|
2,438
|
2,047
|
-
|
2,444
|
-
|
4,894
|
3,234
|
-
|
-
|
2,727
|
-
|
5,341
|
-
|
-
|
Net income
|
1,412
|
1,929
|
979
|
-
|
1,562
|
1,152
|
2,714
|
1,655
|
1,649
|
-
|
1,712
|
-
|
3,456
|
2,233
|
-
|
-
|
1,913
|
-
|
3,738
|
-
|
-
|
Net margin
|
16.29%
|
17.95%
|
15.71%
|
-
|
21.25%
|
18.92%
|
20.19%
|
21.51%
|
21.09%
|
-
|
21.09%
|
-
|
22.71%
|
23.82%
|
-
|
-
|
23.49%
|
-
|
22.72%
|
-
|
-
|
EPS
|
25.96
|
35.93
|
-
|
-
|
29.12
|
-
|
50.60
|
30.84
|
-
|
-
|
31.92
|
-
|
128.8
|
41.58
|
-
|
-
|
35.88
|
-
|
70.60
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
08/05/20
|
28/04/21
|
12/11/21
|
12/11/21
|
26/01/22
|
27/04/22
|
27/04/22
|
27/07/22
|
15/11/22
|
15/11/22
|
27/01/23
|
26/04/23
|
26/04/23
|
28/07/23
|
15/11/23
|
15/11/23
|
30/01/24
|
26/04/24
|
26/04/24
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
9,018
|
9,112
|
11,021
|
13,471
|
14,308
|
13,500
|
17,300
|
21,600
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,327
|
3,182
|
3,861
|
4,182
|
4,004
|
5,502
|
6,211
|
6,790
|
ROE (net income / shareholders' equity)
|
20.4%
|
21.8%
|
25.8%
|
29.1%
|
28.3%
|
23.7%
|
23.2%
|
22.7%
|
ROA (Net income/ Total Assets)
|
23.9%
|
24.3%
|
27.3%
|
32%
|
31.7%
|
19.8%
|
19.8%
|
19.5%
|
Assets
1 |
12,293
|
13,789
|
16,139
|
18,828
|
22,310
|
34,787
|
37,482
|
41,694
|
Book Value Per Share
2 |
273.0
|
291.0
|
345.0
|
426.0
|
507.0
|
554.0
|
618.0
|
696.0
|
Cash Flow per Share
|
69.00
|
78.70
|
102.0
|
131.0
|
159.0
|
-
|
-
|
-
|
Capex
1 |
1,055
|
1,272
|
1,239
|
1,703
|
2,297
|
4,000
|
1,933
|
2,033
|
Capex / Sales
|
5.67%
|
6.53%
|
5.22%
|
5.88%
|
6.83%
|
11.51%
|
5.24%
|
5.13%
|
Announcement Date
|
14/11/19
|
13/11/20
|
12/11/21
|
15/11/22
|
15/11/23
|
-
|
-
|
-
|
Last Close Price
1,968
JPY Average target price
2,233
JPY Spread / Average Target +13.48% Consensus |