| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M JPY |
Estimates in M JPY |
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Fiscal Period March |
2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Sales | 688 530 | 682 320 | 709 270 | 789 415 | 843 768 | 905 668 | | Operating income (EBITDA) | 123 508 | 104 581 | 52 562 | 114 174 | 132 542 | 147 026 | | Operating profit (EBIT) | - | 71 155 | 14 106 | 58 500 | 59 500 | 59 000 | | Pre-Tax Profit (EBT) | 79 525 | 70 856 | 13 427 | 71 909 | 89 488 | 107 367 | | Net income | 52 333 | 40 731 | 7 998 | 50 300 | 63 470 | 72 545 | | EPS ( JPY) | 376 | 296 | 59,4 | 361 | 454 | 532 | | Dividend per Share ( JPY) | 85,0 | 90,0 | 85,0 | 88,9 | 96,1 | 105 | | Yield | 1,21% | 1,28% | 1,21% | 1,27% | 1,37% | 1,50% | | Announcement Date | 04/25/2011 06:52am | 04/24/2012 07:02am | 04/23/2013 09:39am | - | - | - |
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Actuals in M JPY |
Estimates in M JPY |
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Fiscal Period March |
2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Debt | 60 640 | 58 228 | 119 277 | 109 180 | 76 819 | 2 901 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 123 508 | 104 581 | 52 562 | 114 174 | 132 542 | 147 026 | Leverage (Debt/EBITDA) | 0,49x | 0,56x | 2,27x | 0,96x | 0,58x | 0,02x | | Capital Expenditure | - | 41 446 | 61 368 | 50 800 | 53 678 | 54 250 | | Book Value Per Share (BVPS) | 2 565 JPY | 2 705 JPY | 3 085 JPY | 3 156 JPY | 3 556 JPY | 4 067 JPY | | Cash Flow per Share | 613 JPY | 525 JPY | 319 JPY | 570 JPY | 642 JPY | 675 JPY | | Announcement Date | 04/25/2011 06:52am | 04/24/2012 07:02am | 04/23/2013 09:39am | - | - | - |
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Assessed data source : © 2013 Thomson Reuters |
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Valuation |
2014e |
2015e |
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PER (Price / EPS)
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19,4x |
15,5x |
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Capitalization / Revenue
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1,29x |
1,21x |
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EV / Revenue
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1,43x |
1,30x |
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EV / EBITDA
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9,88x |
8,26x |
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Yield (DPS / Price)
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1,27% |
1,37% |
| Profitability |
2014e |
2015e |
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Operating Margin (EBIT / Sales)
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7,41% |
7,05% |
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operating laverage (Delta EBIT / Delta Sales)
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27,9x |
0,25x |
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Net Margin (Net Profit / Revenue)
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6,37% |
7,52% |
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ROA (Net Profit / Asset)
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4,87% |
5,20% |
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ROE (Net Profit / Equities)
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12,0% |
13,5% |
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Rate of Dividend
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24,6% |
21,2% |
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