Market Closed -
Japan Exchange
02:00:00 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
3,058
JPY
|
-0.62%
|
|
+2.67%
|
-3.44%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,242,234
|
1,023,734
|
898,532
|
1,041,471
|
1,501,503
|
936,670
|
-
|
-
|
Enterprise Value (EV)
1 |
1,202,234
|
964,185
|
821,530
|
909,067
|
1,337,457
|
774,694
|
753,975
|
732,243
|
P/E ratio
|
35.5
x
|
25.8
x
|
22.9
x
|
23.3
x
|
29.7
x
|
18.5
x
|
17.7
x
|
16.8
x
|
Yield
|
0.57%
|
0.72%
|
0.93%
|
1.1%
|
0.93%
|
1.8%
|
1.87%
|
1.99%
|
Capitalization / Revenue
|
3.05
x
|
2.52
x
|
2.33
x
|
2.51
x
|
3.11
x
|
1.85
x
|
1.81
x
|
1.76
x
|
EV / Revenue
|
2.95
x
|
2.37
x
|
2.13
x
|
2.19
x
|
2.77
x
|
1.53
x
|
1.45
x
|
1.37
x
|
EV / EBITDA
|
17.9
x
|
14.2
x
|
12.5
x
|
11.8
x
|
14.6
x
|
8.37
x
|
7.8
x
|
7.23
x
|
EV / FCF
|
38.3
x
|
23.3
x
|
27.8
x
|
14.8
x
|
19.8
x
|
20.2
x
|
21.4
x
|
15.1
x
|
FCF Yield
|
2.61%
|
4.29%
|
3.59%
|
6.77%
|
5.05%
|
4.94%
|
4.67%
|
6.63%
|
Price to Book
|
3.47
x
|
2.74
x
|
2.22
x
|
2.32
x
|
3.01
x
|
1.79
x
|
1.69
x
|
1.59
x
|
Nbr of stocks (in thousands)
|
320,991
|
320,418
|
320,904
|
319,470
|
311,839
|
306,302
|
-
|
-
|
Reference price
2 |
3,870
|
3,195
|
2,800
|
3,260
|
4,815
|
3,058
|
3,058
|
3,058
|
Announcement Date
|
5/14/19
|
5/14/20
|
5/14/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
407,017
|
406,004
|
385,706
|
415,116
|
483,071
|
506,144
|
518,807
|
532,954
|
EBITDA
1 |
67,083
|
67,999
|
65,807
|
76,971
|
91,401
|
92,523
|
96,666
|
101,220
|
EBIT
1 |
45,846
|
45,675
|
43,694
|
53,202
|
66,068
|
64,936
|
67,980
|
71,079
|
Operating Margin
|
11.26%
|
11.25%
|
11.33%
|
12.82%
|
13.68%
|
12.83%
|
13.1%
|
13.34%
|
Earnings before Tax (EBT)
1 |
55,801
|
58,728
|
59,336
|
69,479
|
78,529
|
79,980
|
83,088
|
86,703
|
Net income
1 |
34,935
|
39,735
|
39,267
|
44,917
|
50,641
|
50,941
|
52,755
|
55,645
|
Net margin
|
8.58%
|
9.79%
|
10.18%
|
10.82%
|
10.48%
|
10.06%
|
10.17%
|
10.44%
|
EPS
2 |
108.9
|
124.0
|
122.4
|
140.2
|
162.1
|
165.1
|
173.0
|
182.1
|
Free Cash Flow
1 |
31,395
|
41,360
|
29,506
|
61,515
|
67,489
|
38,270
|
35,223
|
48,512
|
FCF margin
|
7.71%
|
10.19%
|
7.65%
|
14.82%
|
13.97%
|
7.56%
|
6.79%
|
9.1%
|
FCF Conversion (EBITDA)
|
46.8%
|
60.82%
|
44.84%
|
79.92%
|
73.84%
|
41.36%
|
36.44%
|
47.93%
|
FCF Conversion (Net income)
|
89.87%
|
104.09%
|
75.14%
|
136.95%
|
133.27%
|
75.13%
|
66.77%
|
87.18%
|
Dividend per Share
2 |
22.00
|
23.00
|
26.00
|
36.00
|
45.00
|
55.06
|
57.19
|
60.94
|
Announcement Date
|
5/14/19
|
5/14/20
|
5/14/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
2026 S1
|
2026 S2
|
---|
Net sales
1 |
201,960
|
204,044
|
190,428
|
195,278
|
106,573
|
202,996
|
113,543
|
98,577
|
212,120
|
107,983
|
124,802
|
232,785
|
135,083
|
115,203
|
250,286
|
122,115
|
130,714
|
252,829
|
134,892
|
114,997
|
255,866
|
100,500
|
113,530
|
214,030
|
-
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
12,510
|
-
|
-
|
-
|
-
|
29,611
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
23,732
|
-
|
24,162
|
19,532
|
16,208
|
27,822
|
18,812
|
6,568
|
25,380
|
14,770
|
20,526
|
35,296
|
23,046
|
7,726
|
30,772
|
16,981
|
18,324
|
35,305
|
20,597
|
8,294
|
29,042
|
12,100
|
17,430
|
29,530
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
11.75%
|
-
|
12.69%
|
10%
|
15.21%
|
13.71%
|
16.57%
|
6.66%
|
11.96%
|
13.68%
|
16.45%
|
15.16%
|
17.06%
|
6.71%
|
12.29%
|
13.91%
|
14.02%
|
13.96%
|
15.27%
|
7.21%
|
11.35%
|
12.04%
|
15.35%
|
13.8%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
30,797
|
-
|
32,744
|
26,592
|
19,272
|
37,132
|
23,901
|
8,446
|
32,347
|
18,555
|
23,721
|
42,276
|
28,510
|
7,743
|
36,253
|
20,869
|
21,317
|
42,186
|
26,651
|
8,585
|
35,236
|
18,346
|
20,495
|
38,841
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
20,657
|
-
|
21,708
|
17,559
|
13,834
|
25,576
|
16,446
|
2,895
|
19,341
|
11,451
|
15,467
|
26,918
|
19,365
|
4,358
|
23,723
|
13,111
|
12,963
|
26,074
|
17,265
|
7,936
|
21,941
|
12,229
|
15,056
|
27,285
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
10.23%
|
-
|
11.4%
|
8.99%
|
12.98%
|
12.6%
|
14.48%
|
2.94%
|
9.12%
|
10.6%
|
12.39%
|
11.56%
|
14.34%
|
3.78%
|
9.48%
|
10.74%
|
9.92%
|
10.31%
|
12.8%
|
6.9%
|
8.58%
|
12.17%
|
13.26%
|
12.75%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
64.48
|
-
|
67.72
|
-
|
43.12
|
79.72
|
51.26
|
9.200
|
-
|
36.52
|
49.53
|
86.04
|
62.04
|
14.01
|
-
|
42.00
|
41.52
|
83.53
|
55.56
|
30.27
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
11.50
|
11.50
|
13.00
|
13.00
|
18.00
|
18.00
|
-
|
-
|
18.00
|
-
|
-
|
22.50
|
-
|
-
|
22.50
|
-
|
27.50
|
27.50
|
-
|
27.50
|
28.00
|
-
|
26.00
|
29.25
|
-
|
26.00
|
29.25
|
30.75
|
30.75
|
Announcement Date
|
11/12/19
|
5/14/20
|
11/13/20
|
5/14/21
|
11/12/21
|
11/12/21
|
2/10/22
|
5/13/22
|
5/13/22
|
7/29/22
|
11/11/22
|
11/11/22
|
2/10/23
|
5/12/23
|
5/12/23
|
7/28/23
|
11/14/23
|
11/14/23
|
2/9/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
40,000
|
59,549
|
77,002
|
132,404
|
164,046
|
161,976
|
182,695
|
204,428
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
31,395
|
41,360
|
29,506
|
61,515
|
67,489
|
38,270
|
35,223
|
48,512
|
ROE (net income / shareholders' equity)
|
9.8%
|
10.9%
|
10.1%
|
10.6%
|
10.7%
|
9.95%
|
9.73%
|
9.72%
|
ROA (Net income/ Total Assets)
|
9.14%
|
9.38%
|
9.12%
|
10.5%
|
11%
|
6.65%
|
6.6%
|
6.5%
|
Assets
1 |
382,178
|
423,457
|
430,489
|
428,522
|
461,879
|
766,024
|
799,321
|
856,070
|
Book Value Per Share
2 |
1,115
|
1,165
|
1,262
|
1,406
|
1,598
|
1,713
|
1,812
|
1,925
|
Cash Flow per Share
2 |
175.0
|
194.0
|
191.0
|
214.0
|
243.0
|
253.0
|
258.0
|
264.0
|
Capex
1 |
30,730
|
21,431
|
26,314
|
26,092
|
33,277
|
41,000
|
47,880
|
43,857
|
Capex / Sales
|
7.55%
|
5.28%
|
6.82%
|
6.29%
|
6.89%
|
8.1%
|
9.23%
|
8.23%
|
Announcement Date
|
5/14/19
|
5/14/20
|
5/14/21
|
5/13/22
|
5/12/23
|
-
|
-
|
-
|
Last Close Price
3,058
JPY Average target price
3,529
JPY Spread / Average Target +15.40% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.44% | 5.95B | | -4.93% | 261B | | -2.51% | 94.98B | | +3.19% | 46.39B | | +8.74% | 39.99B | | -0.65% | 39.95B | | -0.15% | 38.02B | | -16.78% | 30.16B | | -6.61% | 28.72B | | +11.32% | 24.54B |
Other Food Processing
|