Market Closed -
Japan Exchange
02:00:00 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
940
JPY
|
0.00%
|
|
+0.21%
|
+34.67%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
136,624
|
114,051
|
146,208
|
120,184
|
150,174
|
266,260
|
-
|
-
|
Enterprise Value (EV)
1 |
196,621
|
172,891
|
186,972
|
119,621
|
115,813
|
299,967
|
223,214
|
219,226
|
P/E ratio
|
14.1
x
|
9.48
x
|
11
x
|
8.36
x
|
9.5
x
|
17.2
x
|
14.3
x
|
13.8
x
|
Yield
|
3.91%
|
4.69%
|
3.66%
|
4.35%
|
3.87%
|
1.98%
|
2.34%
|
2.29%
|
Capitalization / Revenue
|
0.83
x
|
0.82
x
|
1.05
x
|
1
x
|
1.24
x
|
2.46
x
|
2.14
x
|
2.13
x
|
EV / Revenue
|
1.2
x
|
1.24
x
|
1.34
x
|
1
x
|
0.96
x
|
2.46
x
|
1.79
x
|
1.75
x
|
EV / EBITDA
|
5.08
x
|
4.29
x
|
4.31
x
|
2.85
x
|
2.66
x
|
6.41
x
|
4.94
x
|
4.71
x
|
EV / FCF
|
95.2
x
|
18.9
x
|
4.16
x
|
4.16
x
|
2.83
x
|
19.9
x
|
7.97
x
|
10.3
x
|
FCF Yield
|
1.05%
|
5.28%
|
24%
|
24.1%
|
35.3%
|
5.03%
|
12.5%
|
9.73%
|
Price to Book
|
0.62
x
|
0.5
x
|
0.62
x
|
0.5
x
|
0.59
x
|
1.11
x
|
0.94
x
|
0.9
x
|
Nbr of stocks (in thousands)
|
297,008
|
297,008
|
297,171
|
290,300
|
290,471
|
283,255
|
-
|
-
|
Reference price
2 |
460.0
|
384.0
|
492.0
|
414.0
|
517.0
|
940.0
|
940.0
|
940.0
|
Announcement Date
|
5/8/19
|
6/25/20
|
4/28/21
|
4/28/22
|
4/28/23
|
4/26/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
164,014
|
139,541
|
139,572
|
119,632
|
121,139
|
121,872
|
124,580
|
125,240
|
EBITDA
1 |
38,681
|
40,282
|
43,352
|
41,900
|
43,556
|
46,776
|
45,157
|
46,547
|
EBIT
1 |
15,290
|
15,263
|
19,151
|
18,862
|
22,324
|
26,545
|
26,678
|
27,574
|
Operating Margin
|
9.32%
|
10.94%
|
13.72%
|
15.77%
|
18.43%
|
21.78%
|
21.41%
|
22.02%
|
Earnings before Tax (EBT)
1 |
15,515
|
15,492
|
19,887
|
20,276
|
23,122
|
26,259
|
27,257
|
28,347
|
Net income
1 |
9,681
|
12,027
|
13,345
|
14,579
|
15,810
|
17,739
|
18,477
|
19,168
|
Net margin
|
5.9%
|
8.62%
|
9.56%
|
12.19%
|
13.05%
|
14.56%
|
14.83%
|
15.31%
|
EPS
2 |
32.60
|
40.49
|
44.92
|
49.52
|
54.44
|
61.69
|
65.60
|
68.30
|
Free Cash Flow
1 |
2,065
|
9,128
|
44,910
|
28,770
|
40,875
|
11,613
|
28,000
|
21,322
|
FCF margin
|
1.26%
|
6.54%
|
32.18%
|
24.05%
|
33.74%
|
9.51%
|
22.48%
|
17.02%
|
FCF Conversion (EBITDA)
|
5.34%
|
22.66%
|
103.59%
|
68.66%
|
93.84%
|
25.22%
|
62.01%
|
45.81%
|
FCF Conversion (Net income)
|
21.33%
|
75.9%
|
336.53%
|
197.34%
|
258.54%
|
69.11%
|
151.54%
|
111.23%
|
Dividend per Share
2 |
18.00
|
18.00
|
18.00
|
18.00
|
20.00
|
21.00
|
22.00
|
21.50
|
Announcement Date
|
5/8/19
|
6/25/20
|
4/28/21
|
4/28/22
|
4/28/23
|
4/26/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2021 S1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
69,271
|
69,773
|
29,311
|
58,389
|
30,047
|
31,196
|
28,806
|
29,190
|
57,996
|
30,598
|
32,545
|
-
|
30,009
|
30,489
|
60,498
|
30,524
|
30,850
|
30,600
|
31,000
|
31,300
|
31,680
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
10,890
|
10,871
|
-
|
10,874
|
10,921
|
-
|
11,885
|
11,416
|
-
|
12,248
|
11,227
|
11,850
|
11,550
|
11,550
|
10,207
|
EBIT
1 |
8,331
|
11,116
|
5,360
|
10,853
|
5,403
|
2,606
|
5,551
|
5,596
|
11,147
|
5,567
|
5,610
|
-
|
6,919
|
6,482
|
13,401
|
7,140
|
6,004
|
7,000
|
6,800
|
7,100
|
5,957
|
Operating Margin
|
12.03%
|
15.93%
|
18.29%
|
18.59%
|
17.98%
|
8.35%
|
19.27%
|
19.17%
|
19.22%
|
18.19%
|
17.24%
|
-
|
23.06%
|
21.26%
|
22.15%
|
23.39%
|
19.46%
|
22.88%
|
21.94%
|
22.68%
|
18.8%
|
Earnings before Tax (EBT)
1 |
8,808
|
11,787
|
-
|
11,422
|
6,104
|
-
|
5,924
|
5,537
|
11,461
|
5,416
|
6,245
|
-
|
7,279
|
5,718
|
12,997
|
7,094
|
6,168
|
7,330
|
6,870
|
7,020
|
6,037
|
Net income
1 |
5,943
|
7,865
|
3,604
|
8,533
|
4,120
|
1,926
|
4,033
|
3,670
|
7,703
|
3,683
|
4,424
|
-
|
4,982
|
3,573
|
8,555
|
4,821
|
4,363
|
4,980
|
4,660
|
4,790
|
4,047
|
Net margin
|
8.58%
|
11.27%
|
12.3%
|
14.61%
|
13.71%
|
6.17%
|
14%
|
12.57%
|
13.28%
|
12.04%
|
13.59%
|
-
|
16.6%
|
11.72%
|
14.14%
|
15.79%
|
14.14%
|
16.27%
|
15.03%
|
15.3%
|
12.77%
|
EPS
|
20.01
|
26.48
|
-
|
28.75
|
14.04
|
-
|
13.89
|
-
|
26.53
|
12.68
|
-
|
-
|
17.15
|
-
|
29.47
|
16.82
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
9.000
|
9.000
|
-
|
9.000
|
-
|
-
|
-
|
-
|
9.000
|
-
|
-
|
21.00
|
-
|
-
|
10.00
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/6/19
|
11/4/20
|
11/4/21
|
11/4/21
|
2/2/22
|
4/28/22
|
8/3/22
|
11/2/22
|
11/2/22
|
2/1/23
|
4/28/23
|
4/28/23
|
8/2/23
|
11/1/23
|
11/1/23
|
2/7/24
|
4/26/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
59,997
|
58,840
|
40,764
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
563
|
34,361
|
35,165
|
43,046
|
47,034
|
Leverage (Debt/EBITDA)
|
1.551
x
|
1.461
x
|
0.9403
x
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,065
|
9,128
|
44,910
|
28,770
|
40,875
|
11,613
|
28,000
|
21,322
|
ROE (net income / shareholders' equity)
|
4.4%
|
5.4%
|
5.8%
|
6.1%
|
6.4%
|
6.7%
|
6.7%
|
6.8%
|
ROA (Net income/ Total Assets)
|
4.53%
|
3.19%
|
5.33%
|
5.32%
|
5.97%
|
6.74%
|
-
|
-
|
Assets
1 |
213,938
|
377,235
|
250,496
|
274,154
|
264,893
|
263,020
|
-
|
-
|
Book Value Per Share
2 |
745.0
|
768.0
|
788.0
|
834.0
|
879.0
|
954.0
|
996.0
|
1,042
|
Cash Flow per Share
|
108.0
|
119.0
|
123.0
|
125.0
|
127.0
|
132.0
|
-
|
-
|
Capex
1 |
22,508
|
19,751
|
13,038
|
7,512
|
16,755
|
16,493
|
21,000
|
13,300
|
Capex / Sales
|
13.72%
|
14.15%
|
9.34%
|
6.28%
|
13.83%
|
13.51%
|
16.86%
|
10.62%
|
Announcement Date
|
5/8/19
|
6/25/20
|
4/28/21
|
4/28/22
|
4/28/23
|
4/26/24
|
-
|
-
|
Average target price
1,125
JPY Spread / Average Target +19.68% Consensus |
1st Jan change
|
Capi.
|
---|
| +34.67% | 1.69B | | -11.40% | 151B | | -10.75% | 8.9B | | -3.44% | 4.34B | | -22.74% | 3.81B | | -7.30% | 2.57B | | -32.99% | 2.43B | | -10.73% | 1.97B | | -7.28% | 1.59B | | -3.03% | 376M |
Satellite Service Operators
|