Market Closed -
Japan Exchange
02:00:00 2024-05-10 am EDT
|
5-day change
|
1st Jan Change
|
1,900
JPY
|
+0.77%
|
|
+0.66%
|
+24.02%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
351,638
|
233,283
|
308,232
|
302,986
|
402,944
|
499,734
|
-
|
-
|
Enterprise Value (EV)
1 |
553,926
|
375,114
|
471,784
|
540,942
|
626,749
|
679,179
|
665,570
|
640,487
|
P/E ratio
|
29.1
x
|
10.3
x
|
10.5
x
|
32.2
x
|
10.9
x
|
12
x
|
9.1
x
|
8.5
x
|
Yield
|
4.11%
|
3.95%
|
4.69%
|
3.04%
|
3.79%
|
3.04%
|
3.51%
|
4.19%
|
Capitalization / Revenue
|
0.39
x
|
0.29
x
|
0.33
x
|
0.28
x
|
0.34
x
|
0.41
x
|
0.4
x
|
0.39
x
|
EV / Revenue
|
0.62
x
|
0.47
x
|
0.5
x
|
0.49
x
|
0.53
x
|
0.56
x
|
0.53
x
|
0.5
x
|
EV / EBITDA
|
5.48
x
|
3.53
x
|
4.04
x
|
5.99
x
|
4.38
x
|
5.63
x
|
4.42
x
|
4.04
x
|
EV / FCF
|
20.3
x
|
4.84
x
|
52
x
|
-10.6
x
|
6.31
x
|
13.5
x
|
16.1
x
|
10.7
x
|
FCF Yield
|
4.92%
|
20.7%
|
1.92%
|
-9.4%
|
15.9%
|
7.38%
|
6.2%
|
9.38%
|
Price to Book
|
0.76
x
|
0.51
x
|
0.61
x
|
0.55
x
|
0.65
x
|
0.78
x
|
0.74
x
|
0.69
x
|
Nbr of stocks (in thousands)
|
263,005
|
263,002
|
262,996
|
263,009
|
263,018
|
263,018
|
-
|
-
|
Reference price
2 |
1,337
|
887.0
|
1,172
|
1,152
|
1,532
|
1,900
|
1,900
|
1,900
|
Announcement Date
|
2/13/20
|
2/9/21
|
2/9/22
|
2/14/23
|
2/14/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
893,310
|
790,817
|
936,000
|
1,098,700
|
1,177,400
|
1,216,286
|
1,252,176
|
1,284,655
|
EBITDA
1 |
101,006
|
106,366
|
116,893
|
90,336
|
143,049
|
120,545
|
150,626
|
158,594
|
EBIT
1 |
33,065
|
38,701
|
49,200
|
15,000
|
64,500
|
65,779
|
84,307
|
91,689
|
Operating Margin
|
3.7%
|
4.89%
|
5.26%
|
1.37%
|
5.48%
|
5.41%
|
6.73%
|
7.14%
|
Earnings before Tax (EBT)
1 |
27,295
|
29,771
|
44,765
|
22,539
|
62,700
|
63,966
|
82,328
|
90,804
|
Net income
1 |
12,072
|
22,596
|
29,500
|
9,400
|
37,000
|
41,585
|
54,893
|
58,799
|
Net margin
|
1.35%
|
2.86%
|
3.15%
|
0.86%
|
3.14%
|
3.42%
|
4.38%
|
4.58%
|
EPS
2 |
45.90
|
85.92
|
112.0
|
35.80
|
140.9
|
158.1
|
208.7
|
223.6
|
Free Cash Flow
1 |
27,254
|
77,495
|
9,067
|
-50,828
|
99,349
|
50,148
|
41,263
|
60,052
|
FCF margin
|
3.05%
|
9.8%
|
0.97%
|
-4.63%
|
8.44%
|
4.12%
|
3.3%
|
4.67%
|
FCF Conversion (EBITDA)
|
26.98%
|
72.86%
|
7.76%
|
-
|
69.45%
|
41.6%
|
27.39%
|
37.86%
|
FCF Conversion (Net income)
|
225.76%
|
342.96%
|
30.74%
|
-
|
268.51%
|
120.59%
|
75.17%
|
102.13%
|
Dividend per Share
2 |
55.00
|
35.00
|
55.00
|
35.00
|
58.00
|
57.78
|
66.71
|
79.57
|
Announcement Date
|
2/13/20
|
2/9/21
|
2/9/22
|
2/14/23
|
2/14/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
464,031
|
340,038
|
450,779
|
440,082
|
216,900
|
279,000
|
495,957
|
250,501
|
261,611
|
512,112
|
269,400
|
317,200
|
276,761
|
284,400
|
561,200
|
289,541
|
326,700
|
291,054
|
295,332
|
570,000
|
300,816
|
328,673
|
EBITDA
|
-
|
-
|
-
|
-
|
17,724
|
36,375
|
-
|
31,580
|
18,194
|
-
|
16,410
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
16,608
|
-2,974
|
41,675
|
28,576
|
1,300
|
19,300
|
-
|
14,178
|
-1,606
|
12,572
|
-2,736
|
5,200
|
7,767
|
9,000
|
16,810
|
24,633
|
23,000
|
17,762
|
10,250
|
37,000
|
18,138
|
25,588
|
Operating Margin
|
3.58%
|
-0.87%
|
9.25%
|
6.49%
|
0.6%
|
6.92%
|
-
|
5.66%
|
-0.61%
|
2.45%
|
-1.02%
|
1.64%
|
2.81%
|
3.16%
|
3%
|
8.51%
|
7.04%
|
6.1%
|
3.47%
|
6.49%
|
6.03%
|
7.79%
|
Earnings before Tax (EBT)
|
-
|
-10,526
|
-
|
29,948
|
1,001
|
13,816
|
-
|
18,421
|
8,497
|
26,918
|
-2,572
|
-1,807
|
8,899
|
10,019
|
18,918
|
27,540
|
16,242
|
-
|
15,500
|
34,200
|
-
|
13,600
|
Net income
1 |
5,750
|
-9,341
|
31,937
|
20,501
|
200
|
8,700
|
-
|
11,754
|
5,433
|
17,187
|
-2,815
|
-5,000
|
4,006
|
4,200
|
8,196
|
19,009
|
9,800
|
11,296
|
9,623
|
-
|
10,898
|
14,904
|
Net margin
|
1.24%
|
-2.75%
|
7.08%
|
4.66%
|
0.09%
|
3.12%
|
-
|
4.69%
|
2.08%
|
3.36%
|
-1.04%
|
-1.58%
|
1.45%
|
1.48%
|
1.46%
|
6.57%
|
3%
|
3.88%
|
3.26%
|
-
|
3.62%
|
4.53%
|
EPS
2 |
-
|
-35.52
|
-
|
77.95
|
0.8500
|
33.25
|
-
|
44.69
|
20.66
|
65.35
|
-10.70
|
-18.85
|
15.23
|
15.93
|
31.16
|
72.27
|
-
|
23.57
|
-3.420
|
-
|
31.18
|
95.43
|
Dividend per Share
|
-
|
-
|
-
|
25.00
|
-
|
-
|
-
|
-
|
-
|
20.00
|
-
|
-
|
-
|
-
|
5.000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/13/20
|
8/6/20
|
2/9/21
|
8/5/21
|
11/9/21
|
2/9/22
|
2/9/22
|
5/13/22
|
8/8/22
|
8/8/22
|
11/9/22
|
2/14/23
|
5/15/23
|
8/7/23
|
8/7/23
|
11/10/23
|
2/14/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
202,288
|
141,831
|
163,552
|
237,956
|
223,805
|
179,445
|
165,836
|
140,753
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.003
x
|
1.333
x
|
1.399
x
|
2.634
x
|
1.565
x
|
1.489
x
|
1.101
x
|
0.8875
x
|
Free Cash Flow
1 |
27,254
|
77,495
|
9,067
|
-50,828
|
99,349
|
50,148
|
41,263
|
60,052
|
ROE (net income / shareholders' equity)
|
2.6%
|
4.9%
|
6.2%
|
1.8%
|
6.3%
|
6.84%
|
8.47%
|
8.7%
|
ROA (Net income/ Total Assets)
|
2.68%
|
2.96%
|
4.34%
|
1.95%
|
5.04%
|
5%
|
6.1%
|
6.75%
|
Assets
1 |
450,653
|
762,899
|
679,088
|
481,985
|
734,732
|
831,698
|
899,889
|
871,098
|
Book Value Per Share
2 |
1,752
|
1,729
|
1,907
|
2,077
|
2,373
|
2,443
|
2,581
|
2,744
|
Cash Flow per Share
2 |
304.0
|
343.0
|
370.0
|
322.0
|
440.0
|
435.0
|
483.0
|
477.0
|
Capex
1 |
64,204
|
46,009
|
47,726
|
74,729
|
70,451
|
67,900
|
70,180
|
74,400
|
Capex / Sales
|
7.19%
|
5.82%
|
5.1%
|
6.8%
|
5.98%
|
5.58%
|
5.6%
|
5.79%
|
Announcement Date
|
2/13/20
|
2/9/21
|
2/9/22
|
2/14/23
|
2/14/24
|
-
|
-
|
-
|
Last Close Price
1,900
JPY Average target price
1,935
JPY Spread / Average Target +1.84% Consensus |
1st Jan change
|
Capi.
|
---|
| +24.02% | 3.21B | | +17.88% | 30.23B | | +45.19% | 7.45B | | +26.42% | 4.21B | | -9.50% | 3.69B | | -1.54% | 3.6B | | +49.29% | 3.45B | | +23.81% | 2.89B | | +4.97% | 2.43B | | +1.14% | 1.24B |
Other Tires & Rubber Products
|