Market Closed -
Japan Exchange
02:00:00 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
2,620
JPY
|
+13.79%
|
|
+18.31%
|
+8.76%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
542,832
|
529,080
|
759,594
|
506,911
|
417,775
|
550,532
|
-
|
-
|
Enterprise Value (EV)
1 |
586,217
|
558,898
|
755,725
|
512,485
|
448,856
|
457,878
|
488,244
|
495,319
|
P/E ratio
|
31.2
x
|
28.6
x
|
37.9
x
|
19.1
x
|
17.1
x
|
7.27
x
|
15.3
x
|
15.2
x
|
Yield
|
1.42%
|
1.46%
|
1.02%
|
1.52%
|
1.68%
|
1.84%
|
1.69%
|
1.89%
|
Capitalization / Revenue
|
1.27
x
|
1.3
x
|
2.08
x
|
1.21
x
|
0.82
x
|
0.81
x
|
0.94
x
|
0.9
x
|
EV / Revenue
|
1.37
x
|
1.37
x
|
2.07
x
|
1.22
x
|
0.88
x
|
0.81
x
|
0.83
x
|
0.81
x
|
EV / EBITDA
|
12.7
x
|
10.8
x
|
15.4
x
|
10.7
x
|
9.38
x
|
6.18
x
|
6.36
x
|
6.08
x
|
EV / FCF
|
46.5
x
|
21.2
x
|
24.3
x
|
38.1
x
|
11.3
x
|
10
x
|
7.27
x
|
12.9
x
|
FCF Yield
|
2.15%
|
4.72%
|
4.12%
|
2.62%
|
8.82%
|
9.99%
|
13.8%
|
7.74%
|
Price to Book
|
2.01
x
|
1.97
x
|
2.65
x
|
1.58
x
|
1.41
x
|
1.46
x
|
1.69
x
|
1.58
x
|
Nbr of stocks (in thousands)
|
257,144
|
257,085
|
257,054
|
256,924
|
233,655
|
210,127
|
-
|
-
|
Reference price
2 |
2,111
|
2,058
|
2,955
|
1,973
|
1,788
|
2,620
|
2,620
|
2,620
|
Announcement Date
|
5/10/19
|
5/12/20
|
5/12/21
|
5/11/22
|
5/11/23
|
5/10/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
427,425
|
406,886
|
364,620
|
419,190
|
509,070
|
562,277
|
587,640
|
610,030
|
EBITDA
1 |
46,223
|
51,788
|
49,048
|
48,111
|
47,848
|
74,130
|
76,794
|
81,450
|
EBIT
1 |
32,306
|
31,510
|
31,228
|
30,096
|
32,077
|
51,595
|
54,433
|
56,808
|
Operating Margin
|
7.56%
|
7.74%
|
8.56%
|
7.18%
|
6.3%
|
9.18%
|
9.26%
|
9.31%
|
Earnings before Tax (EBT)
1 |
33,666
|
34,490
|
40,826
|
43,836
|
43,469
|
108,376
|
61,883
|
61,733
|
Net income
1 |
17,405
|
18,477
|
20,027
|
26,525
|
25,195
|
67,109
|
36,576
|
36,358
|
Net margin
|
4.07%
|
4.54%
|
5.49%
|
6.33%
|
4.95%
|
11.94%
|
6.22%
|
5.96%
|
EPS
2 |
67.68
|
71.87
|
77.91
|
103.2
|
104.6
|
299.2
|
170.8
|
172.9
|
Free Cash Flow
1 |
12,614
|
26,375
|
31,100
|
13,437
|
39,588
|
45,740
|
67,147
|
38,361
|
FCF margin
|
2.95%
|
6.48%
|
8.53%
|
3.21%
|
7.78%
|
8.13%
|
11.43%
|
6.29%
|
FCF Conversion (EBITDA)
|
27.29%
|
50.93%
|
63.41%
|
27.93%
|
82.74%
|
61.7%
|
87.44%
|
47.1%
|
FCF Conversion (Net income)
|
72.47%
|
142.75%
|
155.29%
|
50.66%
|
157.13%
|
68.16%
|
183.58%
|
105.51%
|
Dividend per Share
2 |
30.00
|
30.00
|
30.00
|
30.00
|
30.00
|
40.00
|
44.33
|
49.48
|
Announcement Date
|
5/10/19
|
5/12/20
|
5/12/21
|
5/11/22
|
5/11/23
|
5/10/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2021 S1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
208,568
|
162,494
|
105,534
|
203,301
|
108,262
|
107,627
|
215,889
|
120,448
|
130,252
|
250,700
|
132,308
|
126,062
|
136,436
|
137,569
|
274,005
|
148,289
|
139,983
|
288,272
|
141,633
|
143,300
|
155,200
|
144,333
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
19,181
|
-
|
21,476
|
15,008
|
-
|
18,425
|
18,025
|
19,625
|
18,425
|
EBIT
1 |
17,443
|
9,233
|
8,103
|
16,833
|
7,242
|
6,021
|
-
|
8,487
|
7,275
|
15,762
|
8,405
|
7,910
|
12,105
|
13,629
|
25,734
|
15,656
|
10,205
|
-
|
12,450
|
12,300
|
14,550
|
12,950
|
Operating Margin
|
8.36%
|
5.68%
|
7.68%
|
8.28%
|
6.69%
|
5.59%
|
-
|
7.05%
|
5.59%
|
6.29%
|
6.35%
|
6.27%
|
8.87%
|
9.91%
|
9.39%
|
10.56%
|
7.29%
|
-
|
8.79%
|
8.58%
|
9.38%
|
8.97%
|
Earnings before Tax (EBT)
|
18,278
|
10,589
|
9,993
|
22,260
|
9,855
|
11,721
|
-
|
13,449
|
-
|
23,665
|
7,633
|
12,171
|
59,264
|
-
|
75,669
|
12,303
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
9,801
|
4,281
|
6,141
|
11,487
|
6,188
|
8,850
|
-
|
6,450
|
5,921
|
12,371
|
4,417
|
8,407
|
37,609
|
8,843
|
46,452
|
7,491
|
13,166
|
-
|
8,700
|
8,500
|
9,750
|
9,150
|
Net margin
|
4.7%
|
2.63%
|
5.82%
|
5.65%
|
5.72%
|
8.22%
|
-
|
5.36%
|
4.55%
|
4.93%
|
3.34%
|
6.67%
|
27.57%
|
6.43%
|
16.95%
|
5.05%
|
9.41%
|
-
|
6.14%
|
5.93%
|
6.28%
|
6.34%
|
EPS
2 |
38.12
|
16.66
|
23.90
|
44.70
|
24.08
|
34.45
|
-
|
25.18
|
24.63
|
49.81
|
19.11
|
35.69
|
164.7
|
39.58
|
204.2
|
33.33
|
61.57
|
-
|
48.19
|
46.88
|
51.28
|
51.52
|
Dividend per Share
2 |
15.00
|
15.00
|
-
|
15.00
|
-
|
-
|
-
|
-
|
-
|
15.00
|
-
|
-
|
-
|
18.00
|
18.00
|
-
|
20.00
|
-
|
-
|
22.00
|
-
|
22.00
|
Announcement Date
|
11/8/19
|
11/9/20
|
11/9/21
|
11/9/21
|
2/8/22
|
5/11/22
|
5/11/22
|
8/5/22
|
11/10/22
|
11/10/22
|
2/9/23
|
5/11/23
|
8/8/23
|
11/9/23
|
11/9/23
|
2/8/24
|
5/10/24
|
5/10/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
43,385
|
29,818
|
-
|
5,574
|
31,081
|
30,000
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
3,869
|
-
|
-
|
-
|
62,288
|
55,213
|
Leverage (Debt/EBITDA)
|
0.9386
x
|
0.5758
x
|
-
|
0.1159
x
|
0.6496
x
|
0.4156
x
|
-
|
-
|
Free Cash Flow
1 |
12,614
|
26,375
|
31,100
|
13,437
|
39,588
|
45,740
|
67,147
|
38,361
|
ROE (net income / shareholders' equity)
|
6.4%
|
6.9%
|
7.2%
|
8.7%
|
8.2%
|
22.3%
|
11.7%
|
10.8%
|
ROA (Net income/ Total Assets)
|
5.87%
|
6.18%
|
6.24%
|
6.23%
|
6.34%
|
8.49%
|
6.36%
|
6.67%
|
Assets
1 |
296,737
|
298,888
|
321,142
|
425,488
|
397,672
|
790,607
|
574,841
|
544,782
|
Book Value Per Share
2 |
1,050
|
1,046
|
1,116
|
1,246
|
1,271
|
1,486
|
1,552
|
1,663
|
Cash Flow per Share
2 |
122.0
|
128.0
|
134.0
|
159.0
|
170.0
|
379.0
|
319.0
|
320.0
|
Capex
1 |
23,018
|
13,949
|
11,547
|
14,536
|
12,204
|
21,344
|
19,473
|
20,093
|
Capex / Sales
|
5.39%
|
3.43%
|
3.17%
|
3.47%
|
2.4%
|
3.8%
|
3.31%
|
3.29%
|
Announcement Date
|
5/10/19
|
5/12/20
|
5/12/21
|
5/11/22
|
5/11/23
|
5/10/24
|
-
|
-
|
Last Close Price
2,620
JPY Average target price
2,561
JPY Spread / Average Target -2.24% Consensus |
1st Jan change
|
Capi.
|
---|
| +8.76% | 3.5B | | -2.60% | 77.06B | | -15.32% | 33.11B | | -12.13% | 30.93B | | -7.28% | 15.79B | | +0.42% | 14.43B | | -14.27% | 11.87B | | +4.77% | 7.85B | | -23.97% | 6.42B | | -9.18% | 3.15B |
Paint & Coating
|