Market Closed -
Japan Exchange
02:00:00 2024-06-03 am EDT
|
5-day change
|
1st Jan Change
|
3,536
JPY
|
+0.54%
|
|
+1.00%
|
+5.58%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,303,858
|
1,114,146
|
1,033,108
|
930,831
|
879,554
|
981,614
|
-
|
-
|
Enterprise Value (EV)
1 |
1,394,887
|
1,183,464
|
1,094,555
|
944,688
|
880,405
|
945,058
|
946,814
|
942,080
|
P/E ratio
|
21.1
x
|
16.6
x
|
15.7
x
|
10.9
x
|
12.8
x
|
18.6
x
|
17.6
x
|
16.4
x
|
Yield
|
1.56%
|
1.95%
|
2.25%
|
2.57%
|
2.85%
|
2.81%
|
2.74%
|
2.83%
|
Capitalization / Revenue
|
1.04
x
|
0.89
x
|
0.87
x
|
0.92
x
|
0.83
x
|
0.85
x
|
0.86
x
|
0.85
x
|
EV / Revenue
|
1.11
x
|
0.94
x
|
0.92
x
|
0.93
x
|
0.83
x
|
0.85
x
|
0.83
x
|
0.81
x
|
EV / EBITDA
|
9.75
x
|
7.95
x
|
7.09
x
|
6.6
x
|
6.82
x
|
6.77
x
|
6.7
x
|
6.34
x
|
EV / FCF
|
30.9
x
|
25.8
x
|
18
x
|
9.46
x
|
18.3
x
|
20.8
x
|
20.9
x
|
20.7
x
|
FCF Yield
|
3.24%
|
3.88%
|
5.54%
|
10.6%
|
5.48%
|
4.81%
|
4.79%
|
4.83%
|
Price to Book
|
2.47
x
|
1.98
x
|
1.66
x
|
1.38
x
|
1.24
x
|
1.27
x
|
1.25
x
|
1.24
x
|
Nbr of stocks (in thousands)
|
290,068
|
290,142
|
290,199
|
281,643
|
278,781
|
279,105
|
-
|
-
|
Reference price
2 |
4,495
|
3,840
|
3,560
|
3,305
|
3,155
|
3,517
|
3,517
|
3,517
|
Announcement Date
|
5/13/19
|
5/22/20
|
5/18/21
|
5/12/22
|
5/11/23
|
5/10/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,254,380
|
1,252,706
|
1,191,765
|
1,013,092
|
1,062,157
|
1,105,494
|
1,138,232
|
1,158,164
|
EBITDA
1 |
143,057
|
148,893
|
154,487
|
143,040
|
129,023
|
139,650
|
141,348
|
148,488
|
EBIT
1 |
98,383
|
102,708
|
106,061
|
92,922
|
75,433
|
84,322
|
86,310
|
91,084
|
Operating Margin
|
7.84%
|
8.2%
|
8.9%
|
9.17%
|
7.1%
|
7.63%
|
7.58%
|
7.86%
|
Earnings before Tax (EBT)
1 |
94,586
|
97,747
|
103,183
|
128,455
|
95,410
|
87,507
|
81,742
|
87,927
|
Net income
1 |
61,868
|
67,313
|
65,655
|
87,497
|
69,424
|
50,675
|
55,557
|
59,229
|
Net margin
|
4.93%
|
5.37%
|
5.51%
|
8.64%
|
6.54%
|
4.58%
|
4.88%
|
5.11%
|
EPS
2 |
213.3
|
232.0
|
226.3
|
303.6
|
247.4
|
181.6
|
199.5
|
214.3
|
Free Cash Flow
1 |
45,147
|
45,886
|
60,654
|
99,912
|
48,225
|
45,419
|
45,377
|
45,492
|
FCF margin
|
3.6%
|
3.66%
|
5.09%
|
9.86%
|
4.54%
|
4.11%
|
3.99%
|
3.93%
|
FCF Conversion (EBITDA)
|
31.56%
|
30.82%
|
39.26%
|
69.85%
|
37.38%
|
32.52%
|
32.1%
|
30.64%
|
FCF Conversion (Net income)
|
72.97%
|
68.17%
|
92.38%
|
114.19%
|
69.46%
|
89.63%
|
81.68%
|
76.81%
|
Dividend per Share
2 |
70.00
|
75.00
|
80.00
|
85.00
|
90.00
|
95.00
|
96.43
|
99.38
|
Announcement Date
|
5/13/19
|
5/22/20
|
5/18/21
|
5/12/22
|
5/11/23
|
5/10/24
|
-
|
-
|
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 S1
|
2025 S2
|
2026 S1
|
2026 S2
|
---|
Net sales
1 |
618,077
|
-
|
584,976
|
606,789
|
264,791
|
500,712
|
269,247
|
243,133
|
512,380
|
247,131
|
270,389
|
517,520
|
280,563
|
264,074
|
544,637
|
262,734
|
283,313
|
546,047
|
286,956
|
272,491
|
559,447
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
26,833
|
-
|
30,995
|
38,397
|
-
|
35,186
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
47,573
|
-
|
50,401
|
55,660
|
31,709
|
50,330
|
28,680
|
13,912
|
-
|
18,044
|
25,149
|
43,193
|
21,546
|
10,694
|
32,240
|
19,497
|
24,946
|
44,443
|
25,269
|
14,610
|
39,879
|
-
|
-
|
-
|
-
|
Operating Margin
|
7.7%
|
-
|
8.62%
|
9.17%
|
11.98%
|
10.05%
|
10.65%
|
5.72%
|
-
|
7.3%
|
9.3%
|
8.35%
|
7.68%
|
4.05%
|
5.92%
|
7.42%
|
8.81%
|
8.14%
|
8.81%
|
5.36%
|
7.13%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
47,205
|
-
|
47,158
|
56,025
|
-
|
55,241
|
29,641
|
-
|
-
|
23,158
|
-
|
48,303
|
20,698
|
26,409
|
47,107
|
22,630
|
25,423
|
48,053
|
25,977
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
31,862
|
-
|
28,733
|
36,922
|
24,155
|
36,646
|
19,537
|
31,314
|
-
|
16,015
|
17,371
|
33,386
|
13,897
|
22,141
|
36,038
|
11,593
|
16,328
|
27,921
|
17,025
|
5,729
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
5.16%
|
-
|
4.91%
|
6.08%
|
9.12%
|
7.32%
|
7.26%
|
12.88%
|
-
|
6.48%
|
6.42%
|
6.45%
|
4.95%
|
8.38%
|
6.62%
|
4.41%
|
5.76%
|
5.11%
|
5.93%
|
2.1%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
109.8
|
-
|
99.02
|
-
|
83.22
|
126.3
|
67.64
|
109.7
|
-
|
56.86
|
61.66
|
118.5
|
49.60
|
79.27
|
128.9
|
41.59
|
58.54
|
100.1
|
61.00
|
20.51
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
35.00
|
40.00
|
37.50
|
42.50
|
40.00
|
40.00
|
-
|
-
|
45.00
|
-
|
-
|
42.50
|
-
|
-
|
47.50
|
-
|
47.50
|
47.50
|
-
|
47.50
|
-
|
50.00
|
50.00
|
52.50
|
52.50
|
Announcement Date
|
11/8/19
|
5/22/20
|
11/10/20
|
5/18/21
|
11/9/21
|
11/9/21
|
2/9/22
|
5/12/22
|
5/12/22
|
8/9/22
|
11/8/22
|
11/8/22
|
2/9/23
|
5/11/23
|
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 |
91,029
|
69,318
|
61,447
|
13,857
|
851
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
15,400
|
34,800
|
39,533
|
Leverage (Debt/EBITDA)
|
0.6363
x
|
0.4656
x
|
0.3977
x
|
0.0969
x
|
0.006596
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
45,147
|
45,886
|
60,654
|
99,912
|
48,225
|
45,419
|
45,377
|
45,492
|
ROE (net income / shareholders' equity)
|
12.2%
|
12.4%
|
11.1%
|
13.5%
|
10%
|
6.9%
|
7.42%
|
7.66%
|
ROA (Net income/ Total Assets)
|
10.3%
|
10.3%
|
10.7%
|
8.6%
|
6.58%
|
6.49%
|
4.3%
|
5%
|
Assets
1 |
599,292
|
652,380
|
615,467
|
1,016,830
|
1,054,876
|
780,425
|
1,292,033
|
1,184,572
|
Book Value Per Share
2 |
1,818
|
1,940
|
2,141
|
2,391
|
2,554
|
2,675
|
2,814
|
2,836
|
Cash Flow per Share
2 |
362.0
|
391.0
|
393.0
|
477.0
|
438.0
|
380.0
|
263.0
|
414.0
|
Capex
1 |
71,169
|
71,129
|
68,710
|
95,482
|
52,531
|
62,564
|
77,000
|
70,000
|
Capex / Sales
|
5.67%
|
5.68%
|
5.77%
|
9.42%
|
4.95%
|
5.66%
|
6.76%
|
6.04%
|
Announcement Date
|
5/13/19
|
5/22/20
|
5/18/21
|
5/12/22
|
5/11/23
|
5/10/24
|
-
|
-
|
Last Close Price
3,517
JPY Average target price
3,650
JPY Spread / Average Target +3.78% Consensus |
1st Jan change
|
Capi.
|
---|
| +5.58% | 6.24B | | -1.63% | 277B | | -5.38% | 91.92B | | -4.35% | 42.95B | | +1.09% | 41.25B | | +6.11% | 40.01B | | +5.54% | 38.81B | | -13.54% | 30.87B | | -11.60% | 27.21B | | +9.00% | 24.19B |
Other Food Processing
|