Financials Seino Holdings Co., Ltd.

Equities

Market Closed - Japan Exchange Other stock markets 02:30:00 2025-07-17 am EDT			5-day change	1st Jan Change
2,236.00 ^JPY	+0.99%		+2.17%	-5.79%

May. 14	Seino Holdings Co., Ltd. Provides Consolidated Earnings Guidance for Six Months Ending September 30, 2025 and Fiscal Year Ending March 31, 2026	CI
Mar. 06	Tranche Update on Seino Holdings Co., Ltd.'s Equity Buyback Plan announced on February 3, 2025.	CI

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	592,046	607,657	631,507	642,811	737,377	817,583	837,517	866,460
Change	-	2.64%	3.92%	1.79%	14.71%	10.88%	2.44%	3.46%
EBITDA ¹	44,912	49,034	50,055	45,093	54,017	62,690	65,610	67,925
Change	-	9.18%	2.08%	-9.91%	19.79%	16.06%	4.66%	3.53%
EBIT ¹	24,560	27,545	28,501	23,403	29,883	37,083	39,583	41,670
Change	-	12.15%	3.47%	-17.89%	27.69%	24.1%	6.74%	5.27%
Interest Paid	-407	-434	-424	-412	-609	-	-	-
Earnings before Tax (EBT) ¹	27,621	28,345	31,351	25,617	32,500	38,420	41,100	43,200
Change	-	2.62%	10.61%	-18.29%	26.87%	18.22%	6.98%	5.11%
Net income ¹	16,660	17,255	19,013	14,561	19,253	23,398	25,318	25,912
Change	-	3.57%	10.19%	-23.42%	32.22%	21.53%	8.21%	2.34%
Announcement Date	5/13/21	5/13/22	5/12/23	5/14/24	5/14/25	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	138,083	141,801	158,841	153,321	148,504	146,450	158,671	-	152,529	153,837	166,448	158,693	159,242	156,268	171,257	156,044	164,632	166,972	210,080	195,693	197,558	197,027	200,921	394,585
Change	-	2.69%	12.02%	-3.48%	-3.14%	-1.38%	8.34%	-	-	0.86%	8.2%	-4.66%	0.35%	-1.87%	9.59%	-8.88%	5.5%	1.42%	25.82%	-6.85%	0.95%	-0.27%	1.98%	96.39%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	2,647	6,438	8,761	6,714	6,956	5,690	9,767	5,132	7,264	7,219	10,025	3,993	6,160	5,158	9,241	2,844	6,546	6,529	11,638	5,170	8,297	8,866	6,696	17,164
Change	-	143.22%	36.08%	-23.36%	3.6%	-18.2%	71.65%	-47.46%	41.54%	-0.62%	38.87%	-60.17%	54.27%	-16.27%	79.16%	-69.22%	130.17%	-0.26%	78.25%	-55.58%	60.48%	6.86%	-24.48%	156.33%
Charge d'intérêts	-95	-	-97	-	-110	-	-110	-	-105	-	-110	-	-106	-	-102	-	-102	-	-184	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,018	6,611	10,213	6,779	7,883	-	10,472	-	8,554	-	11,163	-	6,879	-	9,214	-	5,700	5,528	13,070	8,202	8,497	9,066	6,696	17,564
Change	-	64.53%	54.48%	-33.62%	16.29%	-	-	-	-	-	-	-	-	-	-	-	-	-3.02%	136.43%	-37.25%	3.6%	6.7%	-26.14%	162.31%
Net income ¹	2,429	4,059	6,348	3,824	4,981	-	6,635	-	5,448	-	7,168	-	4,429	-	5,720	-	3,195	6,434	7,758	5,061	5,423	5,793	4,182	11,216
Change	-	67.11%	56.39%	-39.76%	30.26%	-	-	-	-	-	-	-	-	-	-	-	-	101.38%	20.58%	-34.76%	7.15%	6.82%	-27.81%	168.2%
Announcement Date	8/7/20	11/13/20	2/10/21	5/13/21	8/10/21	11/12/21	2/10/22	5/13/22	8/10/22	11/11/22	2/10/23	5/12/23	8/10/23	11/10/23	2/9/24	5/14/24	8/8/24	11/12/24	2/12/25	5/14/25	-	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021 S2	2022 S1	2023 S1	2024 S1	2025 S1	2025 S2	2026 S1	2026 S2
Net sales ¹	312,162	294,954	306,366	315,510	331,604	405,773	308,596	419,615
Change	-	-5.51%	3.87%	2.98%	5.1%	22.37%	-23.95%	35.98%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	15,475	12,646	14,483	11,318	13,075	16,808	13,340	20,036
Change	-	-18.28%	14.53%	-21.85%	15.52%	28.55%	-20.63%	50.19%
Charge d'intérêts	-	-221	-208	-211	-207	-	-	-
Earnings before Tax (EBT) ¹	-	14,008	16,057	11,848	11,228	21,272	13,540	20,236
Change	-	-	14.63%	-26.21%	-5.23%	89.45%	-36.35%	49.45%
Net income ¹	-	8,670	9,915	7,441	6,434	12,819	8,701	12,884
Change	-	-	14.36%	-24.95%	-13.53%	99.24%	-32.12%	48.07%
Announcement Date	5/13/21	11/12/21	11/11/22	11/10/23	11/12/24	5/14/25	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-64,088	-69,007	-69,280	-46,130	5,216	17,829	21,901	24,087
Change	-	-7.68%	-0.4%	33.42%	111.31%	241.81%	22.84%	9.98%
Announcement Date	5/13/21	5/13/22	5/12/23	5/14/24	5/14/25	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	40,580	33,768	27,978	25,772	108,334	35,800	35,000	35,000
Change	-	-16.79%	-17.15%	-7.88%	320.36%	-66.95%	-2.23%	0%
Free Cash Flow (FCF) ¹	10,719	13,733	9,685	22,932	-18,129	6,743	18,793	15,526
Change	-	28.12%	-29.48%	136.78%	-179.06%	137.2%	178.7%	-17.39%
Announcement Date	5/13/21	5/13/22	5/12/23	5/14/24	5/14/25	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	7.59%	8.07%	7.93%	7.01%	7.33%	7.67%	7.83%	7.84%
EBIT Margin (%)	4.15%	4.53%	4.51%	3.64%	4.05%	4.54%	4.73%	4.81%
EBT Margin (%)	4.67%	4.66%	4.96%	3.99%	4.41%	4.7%	4.91%	4.99%
Net margin (%)	2.81%	2.84%	3.01%	2.27%	2.61%	2.86%	3.02%	2.99%
FCF margin (%)	1.81%	2.26%	1.53%	3.57%	-2.46%	0.82%	2.24%	1.79%
FCF / Net Income (%)	64.34%	79.59%	50.94%	157.49%	-94.16%	28.82%	74.23%	59.92%
Profitability
ROA	4.17%	4.46%	4.71%	3.52%	3.85%	3.63%	3.82%	3.11%
ROE	3.9%	4.1%	4.3%	3.3%	4.7%	5.82%	6.22%	6.54%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	0.1x	0.28x	0.33x	0.35x
Debt / Free cash flow	-	-	-	-	-0.29x	2.64x	1.17x	1.55x
Capital Intensity
CAPEX / Current Assets (%)	6.85%	5.56%	4.43%	4.01%	14.69%	4.38%	4.18%	4.04%
CAPEX / EBITDA (%)	90.35%	68.87%	55.89%	57.15%	200.56%	57.11%	53.35%	51.53%
CAPEX / FCF (%)	378.58%	245.89%	288.88%	112.38%	-597.57%	530.9%	186.24%	225.43%
Items per share
Cash flow per share ¹	198.4	212.4	223.8	208.4	260.1	329	333.2	365.3
Change	-	7.05%	5.35%	-6.86%	24.78%	26.5%	1.28%	9.63%
Dividend per Share ¹	27	29	56	100	102	105.2	108.8	114.2
Change	-	7.41%	93.1%	78.57%	2%	3.1%	3.49%	4.93%
Book Value Per Share ¹	2,298	2,375	2,450	2,560	2,663	2,692	2,774	2,874
Change	-	3.37%	3.15%	4.5%	4.02%	1.09%	3.03%	3.63%
EPS ¹	89.31	94.59	104.9	83.72	115.4	154.3	170.3	184.3
Change	-	5.91%	10.87%	-20.17%	37.85%	33.7%	10.35%	8.23%
Nbr of stocks (in thousands)	182,413	182,560	181,479	168,021	148,978	149,065	149,065	149,065
Announcement Date	5/13/21	5/13/22	5/12/23	5/14/24	5/14/25	-	-	-