Market Closed -
Japan Exchange
02:00:00 2024-06-07 am EDT
|
5-day change
|
1st Jan Change
|
1,785
JPY
|
-0.83%
|
|
-0.11%
|
+3.00%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
48,571
|
30,999
|
39,660
|
35,226
|
39,636
|
36,328
|
-
|
-
|
Enterprise Value (EV)
1 |
43,114
|
21,608
|
28,726
|
24,035
|
28,641
|
40,378
|
36,328
|
36,328
|
P/E ratio
|
15.2
x
|
17.7
x
|
29.4
x
|
19.5
x
|
16.8
x
|
22.3
x
|
17.7
x
|
14.9
x
|
Yield
|
1.62%
|
2.21%
|
1.57%
|
1.76%
|
1.82%
|
1.76%
|
1.96%
|
2.32%
|
Capitalization / Revenue
|
1.02
x
|
0.7
x
|
0.96
x
|
0.82
x
|
0.87
x
|
0.86
x
|
0.74
x
|
0.7
x
|
EV / Revenue
|
1.02
x
|
0.7
x
|
0.96
x
|
0.82
x
|
0.87
x
|
0.86
x
|
0.74
x
|
0.7
x
|
EV / EBITDA
|
8.08
x
|
5.79
x
|
9.13
x
|
7.05
x
|
9.08
x
|
8.29
x
|
6.67
x
|
6.26
x
|
EV / FCF
|
13.8
x
|
7.17
x
|
13.9
x
|
21.3
x
|
108
x
|
-112
x
|
-24.2
x
|
33.8
x
|
FCF Yield
|
7.27%
|
13.9%
|
7.21%
|
4.69%
|
0.93%
|
-0.89%
|
-4.13%
|
2.96%
|
Price to Book
|
1.33
x
|
0.83
x
|
1.04
x
|
0.9
x
|
0.98
x
|
0.97
x
|
0.84
x
|
0.82
x
|
Nbr of stocks (in thousands)
|
20,721
|
20,721
|
20,721
|
20,721
|
20,612
|
20,352
|
-
|
-
|
Reference price
2 |
2,344
|
1,496
|
1,914
|
1,700
|
1,923
|
1,785
|
1,785
|
1,785
|
Announcement Date
|
5/15/19
|
5/15/20
|
5/14/21
|
5/13/22
|
5/12/23
|
5/13/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
47,417
|
44,063
|
41,528
|
43,134
|
45,560
|
46,859
|
49,000
|
51,833
|
EBITDA
1 |
6,011
|
5,355
|
4,342
|
4,995
|
4,366
|
4,868
|
5,450
|
5,800
|
EBIT
1 |
3,684
|
2,975
|
2,000
|
2,450
|
1,609
|
2,073
|
2,550
|
3,333
|
Operating Margin
|
7.77%
|
6.75%
|
4.82%
|
5.68%
|
3.53%
|
4.42%
|
5.2%
|
6.43%
|
Earnings before Tax (EBT)
1 |
4,553
|
2,487
|
1,900
|
2,561
|
3,431
|
2,273
|
2,600
|
3,050
|
Net income
1 |
3,193
|
1,751
|
1,350
|
1,809
|
2,371
|
1,827
|
2,050
|
2,433
|
Net margin
|
6.73%
|
3.97%
|
3.25%
|
4.19%
|
5.2%
|
3.9%
|
4.18%
|
4.69%
|
EPS
2 |
154.1
|
84.54
|
65.15
|
87.34
|
114.7
|
89.00
|
100.7
|
119.6
|
Free Cash Flow
1 |
3,530
|
4,321
|
2,859
|
1,653
|
367
|
-359
|
-1,501
|
1,074
|
FCF margin
|
7.44%
|
9.81%
|
6.88%
|
3.83%
|
0.81%
|
-0.77%
|
-3.06%
|
2.07%
|
FCF Conversion (EBITDA)
|
58.73%
|
80.69%
|
65.85%
|
33.09%
|
8.41%
|
-
|
-
|
18.52%
|
FCF Conversion (Net income)
|
110.55%
|
246.77%
|
211.78%
|
91.38%
|
15.48%
|
-
|
-
|
44.14%
|
Dividend per Share
2 |
38.00
|
33.00
|
30.00
|
30.00
|
35.00
|
35.00
|
35.00
|
41.33
|
Announcement Date
|
5/15/19
|
5/15/20
|
5/14/21
|
5/13/22
|
5/12/23
|
5/13/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
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 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
---|
Net sales
1 |
22,285
|
21,778
|
19,678
|
10,385
|
20,543
|
11,590
|
11,001
|
22,591
|
10,442
|
11,089
|
21,531
|
12,551
|
11,478
|
24,029
|
10,916
|
22,458
|
13,046
|
11,355
|
24,401
|
11,400
|
12,100
|
23,500
|
13,580
|
12,420
|
26,000
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
1,630
|
1,345
|
877
|
619
|
1,222
|
873
|
355
|
1,228
|
201
|
303
|
504
|
940
|
165
|
1,105
|
346
|
529
|
1,182
|
362
|
1,544
|
510
|
450
|
960
|
1,230
|
310
|
1,540
|
Operating Margin
|
7.31%
|
6.18%
|
4.46%
|
5.96%
|
5.95%
|
7.53%
|
3.23%
|
5.44%
|
1.92%
|
2.73%
|
2.34%
|
7.49%
|
1.44%
|
4.6%
|
3.17%
|
2.36%
|
9.06%
|
3.19%
|
6.33%
|
4.47%
|
3.72%
|
4.09%
|
9.06%
|
2.5%
|
5.92%
|
Earnings before Tax (EBT)
1 |
1,465
|
-
|
793
|
625
|
1,289
|
873
|
399
|
1,272
|
258
|
-
|
578
|
968
|
-
|
-
|
444
|
637
|
1,278
|
358
|
1,636
|
510
|
450
|
960
|
1,230
|
310
|
1,540
|
Net income
1 |
972
|
779
|
522
|
450
|
884
|
635
|
290
|
925
|
143
|
228
|
371
|
706
|
1,294
|
2,000
|
281
|
432
|
959
|
436
|
1,395
|
300
|
250
|
550
|
1,000
|
250
|
1,250
|
Net margin
|
4.36%
|
3.58%
|
2.65%
|
4.33%
|
4.3%
|
5.48%
|
2.64%
|
4.09%
|
1.37%
|
2.06%
|
1.72%
|
5.63%
|
11.27%
|
8.32%
|
2.57%
|
1.92%
|
7.35%
|
3.84%
|
5.72%
|
2.63%
|
2.07%
|
2.34%
|
7.36%
|
2.01%
|
4.81%
|
EPS
|
46.93
|
-
|
25.23
|
-
|
42.67
|
30.64
|
-
|
-
|
6.900
|
-
|
17.93
|
34.12
|
-
|
-
|
13.65
|
20.98
|
46.63
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/8/19
|
5/15/20
|
11/9/20
|
11/8/21
|
11/8/21
|
2/8/22
|
5/13/22
|
5/13/22
|
8/8/22
|
11/8/22
|
11/8/22
|
2/8/23
|
5/12/23
|
5/12/23
|
8/8/23
|
11/8/23
|
2/8/24
|
5/13/24
|
5/13/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
5,457
|
9,391
|
10,934
|
11,191
|
10,995
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
3,530
|
4,321
|
2,859
|
1,653
|
367
|
-359
|
-1,501
|
1,074
|
ROE (net income / shareholders' equity)
|
9.2%
|
4.8%
|
3.6%
|
4.7%
|
6%
|
4.4%
|
4.8%
|
5.2%
|
ROA (Net income/ Total Assets)
|
6.38%
|
5.15%
|
3.42%
|
4.07%
|
2.62%
|
3.21%
|
3.5%
|
4.1%
|
Assets
1 |
50,080
|
33,968
|
39,445
|
44,394
|
90,574
|
56,928
|
58,571
|
59,350
|
Book Value Per Share
2 |
1,761
|
1,796
|
1,838
|
1,880
|
1,970
|
2,049
|
2,115
|
2,168
|
Cash Flow per Share
|
266.0
|
199.0
|
178.0
|
210.0
|
248.0
|
225.0
|
-
|
-
|
Capex
1 |
2,054
|
1,455
|
2,755
|
3,929
|
4,092
|
1,949
|
3,000
|
2,750
|
Capex / Sales
|
4.33%
|
3.3%
|
6.63%
|
9.11%
|
8.98%
|
4.16%
|
6.12%
|
5.31%
|
Announcement Date
|
5/15/19
|
5/15/20
|
5/14/21
|
5/13/22
|
5/12/23
|
5/13/24
|
-
|
-
|
Last Close Price
1,785
JPY Average target price
2,640
JPY Spread / Average Target +47.90% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.00% | 232M | | -6.66% | 4.48B | | +16.43% | 1.93B | | +51.96% | 1.38B | | +3.62% | 1.09B | | +12.80% | 793M | | -28.41% | 503M | | +2.28% | 492M | | +53.65% | 376M | | -26.25% | 206M |
Office Supplies
|