Market Closed -
Japan Exchange
02:00:00 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
4,383
JPY
|
+1.95%
|
|
-0.61%
|
+4.81%
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
521,417
|
397,353
|
684,842
|
597,105
|
651,757
|
833,375
|
-
|
-
|
Enterprise Value (EV)
1 |
892,379
|
776,444
|
999,071
|
1,038,543
|
1,203,696
|
1,386,926
|
1,397,427
|
1,397,358
|
P/E ratio
|
6.93
x
|
10.5
x
|
11.7
x
|
5.46
x
|
7.91
x
|
17.3
x
|
10.3
x
|
8.67
x
|
Yield
|
3.74%
|
4.88%
|
2.86%
|
3.88%
|
3.52%
|
3.19%
|
3.39%
|
3.64%
|
Capitalization / Revenue
|
0.35
x
|
0.3
x
|
0.57
x
|
0.37
x
|
0.35
x
|
0.48
x
|
0.47
x
|
0.45
x
|
EV / Revenue
|
0.6
x
|
0.58
x
|
0.82
x
|
0.64
x
|
0.64
x
|
0.8
x
|
0.78
x
|
0.75
x
|
EV / EBITDA
|
6.24
x
|
6.27
x
|
6.52
x
|
4.49
x
|
5.44
x
|
7.95
x
|
6.11
x
|
5.49
x
|
EV / FCF
|
19.7
x
|
20.1
x
|
10.3
x
|
-9.22
x
|
-236
x
|
54.2
x
|
110
x
|
59.8
x
|
FCF Yield
|
5.07%
|
4.98%
|
9.69%
|
-10.8%
|
-0.42%
|
1.84%
|
0.91%
|
1.67%
|
Price to Book
|
0.94
x
|
0.74
x
|
1.13
x
|
0.84
x
|
0.82
x
|
1
x
|
0.93
x
|
0.86
x
|
Nbr of stocks (in thousands)
|
195,214
|
193,736
|
195,949
|
193,238
|
191,131
|
190,138
|
-
|
-
|
Reference price
2 |
2,671
|
2,051
|
3,495
|
3,090
|
3,410
|
4,383
|
4,383
|
4,383
|
Announcement Date
|
5/15/19
|
5/14/20
|
5/13/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,482,909
|
1,338,987
|
1,211,725
|
1,612,688
|
1,879,547
|
1,744,068
|
1,789,775
|
1,852,540
|
EBITDA
1 |
142,931
|
123,742
|
153,242
|
231,532
|
221,078
|
174,538
|
228,610
|
254,701
|
EBIT
1 |
93,427
|
71,636
|
85,140
|
147,310
|
128,998
|
78,897
|
122,811
|
143,567
|
Operating Margin
|
6.3%
|
5.35%
|
7.03%
|
9.13%
|
6.86%
|
4.52%
|
6.86%
|
7.75%
|
Earnings before Tax (EBT)
1 |
105,297
|
68,460
|
74,243
|
141,274
|
117,278
|
72,430
|
117,756
|
138,441
|
Net income
1 |
76,115
|
37,944
|
57,873
|
109,990
|
82,936
|
48,436
|
80,660
|
95,619
|
Net margin
|
5.13%
|
2.83%
|
4.78%
|
6.82%
|
4.41%
|
2.78%
|
4.51%
|
5.16%
|
EPS
2 |
385.6
|
194.9
|
298.0
|
565.4
|
431.2
|
253.8
|
425.4
|
505.8
|
Free Cash Flow
1 |
45,237
|
38,680
|
96,768
|
-112,650
|
-5,099
|
25,576
|
12,667
|
23,375
|
FCF margin
|
3.05%
|
2.89%
|
7.99%
|
-6.99%
|
-0.27%
|
1.47%
|
0.71%
|
1.26%
|
FCF Conversion (EBITDA)
|
31.65%
|
31.26%
|
63.15%
|
-
|
-
|
14.65%
|
5.54%
|
9.18%
|
FCF Conversion (Net income)
|
59.43%
|
101.94%
|
167.21%
|
-
|
-
|
52.8%
|
15.7%
|
24.45%
|
Dividend per Share
2 |
100.0
|
100.0
|
100.0
|
120.0
|
120.0
|
140.0
|
148.5
|
159.3
|
Announcement Date
|
5/15/19
|
5/14/20
|
5/13/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
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 |
674,914
|
664,073
|
536,979
|
674,746
|
372,944
|
743,535
|
421,544
|
447,609
|
869,153
|
476,113
|
474,964
|
951,077
|
477,834
|
450,636
|
928,470
|
407,925
|
415,730
|
823,655
|
450,875
|
443,442
|
905,000
|
429,750
|
447,850
|
451,100
|
471,400
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
34,471
|
37,165
|
17,901
|
66,566
|
41,272
|
94,499
|
41,527
|
11,284
|
52,811
|
42,949
|
29,559
|
72,508
|
34,510
|
21,980
|
56,490
|
13,887
|
17,358
|
31,245
|
28,778
|
18,991
|
57,400
|
29,450
|
34,000
|
37,600
|
30,450
|
Operating Margin
|
5.11%
|
5.6%
|
3.33%
|
9.87%
|
11.07%
|
12.71%
|
9.85%
|
2.52%
|
6.08%
|
9.02%
|
6.22%
|
7.62%
|
7.22%
|
4.88%
|
6.08%
|
3.4%
|
4.18%
|
3.79%
|
6.38%
|
4.28%
|
6.34%
|
6.85%
|
7.59%
|
8.34%
|
6.46%
|
Earnings before Tax (EBT)
1 |
23,255
|
-
|
15,746
|
58,497
|
40,471
|
92,356
|
37,223
|
11,695
|
48,918
|
40,819
|
29,835
|
70,654
|
29,533
|
17,091
|
46,624
|
14,151
|
18,827
|
32,978
|
26,196
|
15,875
|
64,000
|
29,950
|
35,000
|
37,600
|
29,450
|
Net income
1 |
11,758
|
26,186
|
9,602
|
48,271
|
31,316
|
73,940
|
26,127
|
9,923
|
36,050
|
27,992
|
16,361
|
44,353
|
20,593
|
17,990
|
38,583
|
9,591
|
11,096
|
20,687
|
16,574
|
16,413
|
52,300
|
20,500
|
24,550
|
27,000
|
20,700
|
Net margin
|
1.74%
|
3.94%
|
1.79%
|
7.15%
|
8.4%
|
9.94%
|
6.2%
|
2.22%
|
4.15%
|
5.88%
|
3.44%
|
4.66%
|
4.31%
|
3.99%
|
4.16%
|
2.35%
|
2.67%
|
2.51%
|
3.68%
|
3.7%
|
5.78%
|
4.77%
|
5.48%
|
5.99%
|
4.39%
|
EPS
2 |
60.27
|
-
|
49.89
|
-
|
160.1
|
377.6
|
135.7
|
52.13
|
-
|
144.9
|
84.60
|
229.5
|
107.0
|
94.74
|
-
|
50.46
|
58.36
|
108.8
|
87.17
|
54.12
|
-
|
103.3
|
138.2
|
148.7
|
83.45
|
Dividend per Share
2 |
50.00
|
-
|
50.00
|
-
|
55.00
|
55.00
|
-
|
65.00
|
-
|
-
|
60.00
|
60.00
|
-
|
60.00
|
-
|
-
|
70.00
|
70.00
|
-
|
70.00
|
-
|
-
|
75.00
|
-
|
75.00
|
Announcement Date
|
11/6/19
|
5/14/20
|
11/11/20
|
5/13/21
|
11/5/21
|
11/5/21
|
2/3/22
|
5/13/22
|
5/13/22
|
8/5/22
|
11/8/22
|
11/8/22
|
2/3/23
|
5/12/23
|
5/12/23
|
8/4/23
|
11/8/23
|
11/8/23
|
2/7/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
370,962
|
379,091
|
314,229
|
441,438
|
551,939
|
553,551
|
564,052
|
563,983
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.595
x
|
3.064
x
|
2.051
x
|
1.907
x
|
2.497
x
|
3.172
x
|
2.467
x
|
2.214
x
|
Free Cash Flow
1 |
45,237
|
38,680
|
96,768
|
-112,650
|
-5,099
|
25,576
|
12,667
|
23,375
|
ROE (net income / shareholders' equity)
|
14.3%
|
7%
|
10.2%
|
16.7%
|
11.1%
|
6.38%
|
10.4%
|
11.2%
|
ROA (Net income/ Total Assets)
|
6.99%
|
4.4%
|
3.75%
|
8.09%
|
5.86%
|
3.64%
|
5.41%
|
5.88%
|
Assets
1 |
1,088,511
|
863,260
|
1,544,310
|
1,359,786
|
1,415,469
|
1,331,126
|
1,490,529
|
1,626,319
|
Book Value Per Share
2 |
2,830
|
2,762
|
3,103
|
3,688
|
4,140
|
4,368
|
4,700
|
5,094
|
Cash Flow per Share
2 |
633.0
|
459.0
|
693.0
|
998.0
|
910.0
|
935.0
|
892.0
|
985.0
|
Capex
1 |
61,924
|
76,294
|
93,170
|
207,132
|
168,002
|
170,500
|
178,667
|
180,667
|
Capex / Sales
|
4.18%
|
5.7%
|
7.69%
|
12.84%
|
8.94%
|
9.78%
|
9.98%
|
9.75%
|
Announcement Date
|
5/15/19
|
5/14/20
|
5/13/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
Last Close Price
4,383
JPY Average target price
4,935
JPY Spread / Average Target +12.59% Consensus |
1st Jan change
|
Capi.
|
---|
| +4.81% | 5.29B | | +5.14% | 103B | | -5.63% | 63.04B | | +39.52% | 39.06B | | +12.91% | 37.58B | | +7.41% | 33.24B | | +6.85% | 19.22B | | +12.86% | 16.83B | | +7.73% | 15.03B | | +16.93% | 14.96B |
Other Commodity Chemicals
|