Market Closed -
Japan Exchange
01:30:00 2025-02-10 am EST
|
5-day change
|
1st Jan Change
|
969.90 JPY
|
+1.33%
|
|
+5.30%
|
-1.52%
|
 Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
2,270,000
|
2,425,910
|
2,495,588
|
2,548,117
|
2,321,921
|
2,359,327
|
2,026,706
|
2,010,060
|
Change
|
-
|
6.87%
|
2.87%
|
2.1%
|
-8.88%
|
1.61%
|
-14.1%
|
-0.82%
|
EBITDA
1 |
127,482
|
155,054
|
157,113
|
64,080
|
45,872
|
71,636
|
92,681
|
100,125
|
Change
|
-
|
21.63%
|
1.33%
|
-59.21%
|
-28.41%
|
56.17%
|
29.38%
|
8.03%
|
EBIT
1 |
52,770
|
83,112
|
84,716
|
-25,719
|
-20,343
|
28,000
|
45,400
|
49,600
|
Change
|
-
|
57.5%
|
1.93%
|
-
|
-20.9%
|
-
|
62.14%
|
9.25%
|
Interest Paid
1 |
-4,697
|
-5,511
|
-4,448
|
-9,296
|
-10,801
|
-7,500
|
-8,000
|
-8,000
|
Earnings before Tax (EBT)
1 |
32,331
|
66,442
|
89,802
|
-239,043
|
-137,563
|
18,000
|
52,000
|
55,333
|
Change
|
-
|
105.51%
|
35.16%
|
-
|
-42.45%
|
-
|
188.89%
|
6.41%
|
Net income
1 |
20,960
|
53,263
|
73,991
|
-260,840
|
-149,980
|
15,000
|
34,720
|
37,720
|
Change
|
-
|
154.12%
|
38.92%
|
-
|
-42.5%
|
-
|
131.47%
|
8.64%
|
Announcement Date
|
5/19/20
|
5/11/21
|
5/11/22
|
5/11/23
|
5/14/24
|
-
|
-
|
-
|
 Fiscal Period: March |
2020 Q3
|
2020 Q4
|
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
|
---|
Net sales
1 |
634,909
|
510,274
|
514,468
|
624,875
|
674,695
|
607,762
|
611,569
|
606,643
|
675,832
|
601,544
|
562,174
|
695,822
|
709,091
|
581,030
|
541,220
|
617,059
|
606,439
|
557,203
|
531,964
|
564,450
|
561,546
|
589,595
|
435,507
|
482,696
|
Change
|
-
|
-19.63%
|
0.82%
|
21.46%
|
7.97%
|
-9.92%
|
0.63%
|
-0.81%
|
11.41%
|
-10.99%
|
-6.54%
|
23.77%
|
1.91%
|
-18.06%
|
-6.85%
|
14.01%
|
-1.72%
|
-8.12%
|
-4.53%
|
6.11%
|
-0.51%
|
4.99%
|
-26.13%
|
10.84%
|
EBITDA
1 |
49,279
|
6,906
|
-
|
-
|
48,700
|
38,735
|
35,497
|
38,306
|
43,304
|
40,006
|
23,366
|
18,867
|
19,500
|
942
|
8,426
|
17,880
|
17,800
|
287
|
6,879
|
18,953
|
32,391
|
8,686
|
18,399
|
18,897
|
Change
|
-
|
-85.99%
|
-100%
|
-
|
-
|
-20.46%
|
-8.36%
|
7.91%
|
13.05%
|
-7.62%
|
-41.59%
|
-19.25%
|
3.36%
|
-95.17%
|
794.48%
|
112.2%
|
-0.45%
|
-98.39%
|
2,296.86%
|
175.52%
|
70.9%
|
-73.18%
|
111.82%
|
2.71%
|
EBIT
1 |
29,420
|
-13,604
|
9,858
|
18,516
|
34,412
|
19,055
|
18,368
|
20,653
|
24,866
|
20,829
|
6,115
|
-3,684
|
-2,145
|
-26,005
|
-7,057
|
1,196
|
2,270
|
-16,752
|
-5,810
|
6,289
|
19,918
|
12,052
|
-
|
-
|
Change
|
-
|
-
|
-
|
87.83%
|
85.85%
|
-44.63%
|
-3.61%
|
12.44%
|
20.4%
|
-16.24%
|
-70.64%
|
-
|
-41.78%
|
1,112.35%
|
-72.86%
|
-
|
89.8%
|
-
|
-65.32%
|
-
|
216.71%
|
-39.49%
|
-100%
|
-
|
Charge d'intérêts
|
-1,301
|
-
|
-1,264
|
-
|
-1,336
|
-
|
-1,349
|
-
|
-1,109
|
-
|
-985
|
-
|
-2,966
|
-
|
-2,960
|
-
|
-2,518
|
-
|
-2,668
|
-
|
-3,006
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
31,311
|
-26,263
|
11,009
|
-
|
25,261
|
-
|
26,355
|
-
|
31,812
|
17,306
|
29,687
|
-8,640
|
-6,690
|
-
|
8,802
|
-
|
91
|
-
|
1,608
|
-
|
-22,776
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-100%
|
-
|
-100%
|
-
|
-100%
|
-
|
-45.6%
|
71.54%
|
-
|
-22.57%
|
-100%
|
-
|
-100%
|
-
|
-100%
|
-
|
-100%
|
100%
|
100%
|
-
|
-
|
Net income
1 |
25,044
|
-31,483
|
7,950
|
14,569
|
18,627
|
10,871
|
21,666
|
20,850
|
28,323
|
14,899
|
26,926
|
-16,586
|
-17,588
|
-253,592
|
5,514
|
-551
|
-2,942
|
-152,001
|
-1,285
|
24,245
|
-26,551
|
17,594
|
-
|
-
|
Change
|
-
|
-
|
-
|
83.26%
|
27.85%
|
-41.64%
|
99.3%
|
-3.77%
|
35.84%
|
-47.4%
|
80.72%
|
-
|
6.04%
|
1,341.85%
|
-
|
-
|
433.94%
|
5,066.59%
|
-99.15%
|
-
|
-
|
-
|
-100%
|
-
|
Announcement Date
|
2/4/20
|
5/19/20
|
8/5/20
|
11/6/20
|
3/12/21
|
5/11/21
|
8/5/21
|
11/4/21
|
2/8/22
|
5/11/22
|
8/5/22
|
11/4/22
|
2/7/23
|
5/11/23
|
8/4/23
|
11/8/23
|
2/6/24
|
5/14/24
|
8/9/24
|
11/12/24
|
2/7/25
|
-
|
-
|
-
|
 Fiscal Period: March |
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
---|
Net sales
1 |
1,143,453
|
1,282,457
|
1,218,212
|
1,277,376
|
1,257,996
|
1,290,121
|
1,158,279
|
1,163,642
|
1,096,414
|
Change
|
-
|
12.16%
|
-5.01%
|
4.86%
|
-1.52%
|
2.55%
|
-10.22%
|
0.46%
|
-5.78%
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
29,645
|
53,467
|
39,021
|
45,695
|
2,431
|
-28,150
|
-5,861
|
-14,482
|
479
|
Change
|
-
|
80.36%
|
-27.02%
|
17.1%
|
-94.68%
|
-
|
-79.18%
|
147.09%
|
-
|
Charge d'intérêts
1 |
-2,808
|
-
|
-2,541
|
-
|
-3,590
|
-
|
-5,635
|
-
|
-4,867
|
Earnings before Tax (EBT)
1 |
29,474
|
-
|
52,431
|
49,118
|
21,047
|
-
|
11,459
|
-
|
31,458
|
Change
|
-
|
-100%
|
-
|
-6.32%
|
-57.15%
|
-100%
|
-
|
-100%
|
-
|
Net income
1 |
23,765
|
29,498
|
42,516
|
43,222
|
10,340
|
-271,180
|
4,963
|
-154,943
|
22,960
|
Change
|
-
|
24.12%
|
44.13%
|
1.66%
|
-76.08%
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/6/20
|
5/11/21
|
11/4/21
|
5/11/22
|
11/4/22
|
5/11/23
|
11/8/23
|
5/14/24
|
11/12/24
|
 Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
551,421
|
383,004
|
339,209
|
444,566
|
246,757
|
385,557
|
247,375
|
221,395
|
Change
|
-
|
-30.54%
|
-11.43%
|
31.06%
|
-44.49%
|
56.25%
|
-35.84%
|
-10.5%
|
Announcement Date
|
5/19/20
|
5/11/21
|
5/11/22
|
5/11/23
|
5/14/24
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
CAPEX
1 |
73,077
|
35,656
|
47,590
|
43,565
|
40,874
|
25,000
|
47,500
|
47,500
|
Change
|
-
|
-51.21%
|
33.47%
|
-8.46%
|
-6.18%
|
-38.84%
|
90%
|
0%
|
Free Cash Flow (FCF)
1 |
-59,796
|
190,528
|
43,709
|
55,713
|
113,620
|
56,000
|
48,100
|
39,600
|
Change
|
-
|
-418.63%
|
-77.06%
|
27.46%
|
103.94%
|
-50.71%
|
-14.11%
|
-17.67%
|
Announcement Date
|
5/19/20
|
5/11/21
|
5/11/22
|
5/11/23
|
5/14/24
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Profitability
| | | | | | | | |
---|
EBITDA Margin (%)
|
5.62%
|
6.39%
|
6.3%
|
2.51%
|
1.98%
|
3.04%
|
4.57%
|
4.98%
|
EBIT Margin (%)
|
2.32%
|
3.43%
|
3.39%
|
-1.01%
|
-0.88%
|
1.19%
|
2.24%
|
2.47%
|
EBT Margin (%)
|
1.42%
|
2.74%
|
3.6%
|
-9.38%
|
-5.92%
|
0.76%
|
2.57%
|
2.75%
|
Net margin (%)
|
0.92%
|
2.2%
|
2.96%
|
-10.24%
|
-6.46%
|
0.64%
|
1.71%
|
1.88%
|
FCF margin (%)
|
-2.63%
|
7.85%
|
1.75%
|
2.19%
|
4.89%
|
2.37%
|
2.37%
|
1.97%
|
FCF / Net Income (%)
|
-285.29%
|
357.71%
|
59.07%
|
-21.36%
|
-75.76%
|
373.33%
|
138.54%
|
104.98%
|
Profitability
| | | | | | | | |
---|
ROA
|
3%
|
2.85%
|
5.92%
|
-1.64%
|
-0.42%
|
1.7%
|
1.67%
|
1.55%
|
ROE
|
4.6%
|
17.6%
|
18.4%
|
-78.7%
|
-85.5%
|
6.11%
|
20.79%
|
18.38%
|
Financial Health
| | | | | | | | |
---|
Leverage (Debt/EBITDA)
|
4.33x
|
2.47x
|
2.16x
|
6.94x
|
5.38x
|
5.38x
|
2.67x
|
2.21x
|
Debt / Free cash flow
|
-9.22x
|
2.01x
|
7.76x
|
7.98x
|
2.17x
|
6.88x
|
5.14x
|
5.59x
|
Capital Intensity
| | | | | | | | |
---|
CAPEX / Current Assets (%)
|
3.22%
|
1.47%
|
1.91%
|
1.71%
|
1.76%
|
1.06%
|
2.34%
|
2.36%
|
CAPEX / EBITDA (%)
|
57.32%
|
23%
|
30.29%
|
67.99%
|
89.1%
|
34.9%
|
51.25%
|
47.44%
|
CAPEX / FCF (%)
|
-122.21%
|
18.71%
|
108.88%
|
78.2%
|
35.97%
|
44.64%
|
98.75%
|
119.95%
|
Items per share
| | | | | | | | |
---|
Cash flow per share
1 |
162.5
|
230.4
|
239.7
|
-267.1
|
-129
|
118.7
|
134.3
|
131.2
|
Change
|
-
|
41.73%
|
4.05%
|
-211.44%
|
-51.7%
|
-192.01%
|
13.14%
|
-2.31%
|
Dividend per Share
1 |
18
|
30
|
40
|
-
|
-
|
-
|
4
|
5
|
Change
|
-
|
66.67%
|
33.33%
|
-
|
-
|
-
|
-
|
25%
|
Book Value Per Share
1 |
419.5
|
573.6
|
743.7
|
321
|
219.4
|
288.5
|
298.7
|
347.5
|
Change
|
-
|
36.72%
|
29.66%
|
-56.83%
|
-31.68%
|
31.52%
|
3.53%
|
16.36%
|
EPS
1 |
34.31
|
87.2
|
121.1
|
-407.3
|
-231
|
23.28
|
53.59
|
58.21
|
Change
|
-
|
154.15%
|
38.92%
|
-436.23%
|
-43.29%
|
-110.08%
|
130.2%
|
8.61%
|
Nbr of stocks (in thousands)
|
610,845
|
610,834
|
610,797
|
649,274
|
649,302
|
649,301
|
649,301
|
649,301
|
Announcement Date
|
5/19/20
|
5/11/21
|
5/11/22
|
5/11/23
|
5/14/24
|
-
|
-
|
-
|
| 2025 * | 2026 * |
---|
P/E ratio |
41.7x |
18.1x |
---|
PBR |
3.36x |
3.25x |
---|
EV / Sales |
0.43x |
0.43x |
---|
Yield |
-
|
0.41% |
---|
Last Close Price 969.90JPY Average target price 662.50JPY Spread / Average Target -31.69% Consensus
|