Market Closed -
Japan Exchange
02:00:00 2024-04-30 am EDT
|
5-day change
|
1st Jan Change
|
15,030
JPY
|
+3.16%
|
|
+5.96%
|
+30.70%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,723,195
|
1,608,309
|
3,061,358
|
2,629,767
|
2,282,024
|
4,666,470
|
-
|
-
|
Enterprise Value (EV)
1 |
2,558,251
|
2,589,935
|
4,168,472
|
3,773,197
|
3,778,432
|
4,858,976
|
5,395,344
|
5,550,108
|
P/E ratio
|
11.3
x
|
11
x
|
22.4
x
|
14.6
x
|
11.8
x
|
21.2
x
|
17
x
|
15.9
x
|
Yield
|
2.79%
|
3.09%
|
1.52%
|
2.01%
|
2.59%
|
1.4%
|
1.69%
|
1.84%
|
Capitalization / Revenue
|
0.78
x
|
0.74
x
|
1.45
x
|
0.97
x
|
0.68
x
|
1.27
x
|
1.18
x
|
1.14
x
|
EV / Revenue
|
1.15
x
|
1.19
x
|
1.97
x
|
1.39
x
|
1.12
x
|
1.27
x
|
1.36
x
|
1.35
x
|
EV / EBITDA
|
7.98
x
|
7.7
x
|
12.7
x
|
9.86
x
|
8.84
x
|
10
x
|
11.4
x
|
10.2
x
|
EV / FCF
|
-20.5
x
|
19.8
x
|
-191
x
|
45.1
x
|
-16.2
x
|
17.8
x
|
15.8
x
|
29.4
x
|
FCF Yield
|
-4.87%
|
5.04%
|
-0.52%
|
2.22%
|
-6.16%
|
5.61%
|
6.34%
|
3.4%
|
Price to Book
|
0.69
x
|
0.66
x
|
0.95
x
|
0.67
x
|
0.59
x
|
0.8
x
|
0.74
x
|
0.88
x
|
Nbr of stocks (in thousands)
|
310,486
|
310,484
|
310,483
|
310,480
|
310,479
|
310,477
|
-
|
-
|
Reference price
2 |
5,550
|
5,180
|
9,860
|
8,470
|
7,350
|
15,030
|
15,030
|
15,030
|
Announcement Date
|
4/26/19
|
4/30/20
|
4/28/21
|
4/28/22
|
4/27/23
|
4/26/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,214,946
|
2,171,355
|
2,118,302
|
2,705,183
|
3,379,891
|
3,833,205
|
3,958,687
|
4,106,614
|
EBITDA
1 |
320,636
|
336,545
|
327,998
|
382,803
|
427,666
|
485,343
|
472,669
|
546,274
|
EBIT
1 |
134,684
|
128,233
|
118,159
|
159,066
|
169,904
|
200,404
|
253,080
|
275,965
|
Operating Margin
|
6.08%
|
5.91%
|
5.58%
|
5.88%
|
5.03%
|
5.23%
|
6.39%
|
6.72%
|
Earnings before Tax (EBT)
1 |
202,225
|
196,288
|
184,011
|
246,123
|
262,967
|
309,190
|
371,448
|
398,343
|
Net income
1 |
152,748
|
145,881
|
136,700
|
180,306
|
192,861
|
228,778
|
275,414
|
294,253
|
Net margin
|
6.9%
|
6.72%
|
6.45%
|
6.67%
|
5.71%
|
5.97%
|
6.96%
|
7.17%
|
EPS
2 |
492.0
|
469.8
|
440.3
|
580.7
|
621.2
|
736.9
|
882.4
|
947.7
|
Free Cash Flow
1 |
-124,694
|
130,601
|
-21,778
|
83,714
|
-232,678
|
327,303
|
342,145
|
188,900
|
FCF margin
|
-5.63%
|
6.01%
|
-1.03%
|
3.09%
|
-6.88%
|
8.7%
|
8.64%
|
4.6%
|
FCF Conversion (EBITDA)
|
-
|
38.81%
|
-
|
21.87%
|
-
|
66.98%
|
72.39%
|
34.58%
|
FCF Conversion (Net income)
|
-
|
89.53%
|
-
|
46.43%
|
-
|
139.4%
|
124.23%
|
64.2%
|
Dividend per Share
2 |
155.0
|
160.0
|
150.0
|
170.0
|
190.0
|
210.7
|
253.5
|
276.7
|
Announcement Date
|
4/26/19
|
4/30/20
|
4/28/21
|
4/28/22
|
4/27/23
|
4/26/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
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
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
1,102,951
|
1,068,404
|
957,007
|
643,928
|
1,260,842
|
707,107
|
737,234
|
759,631
|
842,865
|
1,602,496
|
865,069
|
912,326
|
889,455
|
947,968
|
1,837,423
|
990,144
|
1,005,638
|
1,995,782
|
976,400
|
976,825
|
1,024,600
|
1,082,300
|
EBITDA
|
-
|
-
|
-
|
92,775
|
-
|
56,602
|
78,260
|
-
|
-
|
-
|
-
|
97,412
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
71,582
|
56,651
|
30,201
|
36,874
|
94,367
|
41,925
|
22,774
|
43,611
|
48,399
|
92,010
|
46,678
|
31,216
|
52,509
|
69,543
|
122,052
|
78,859
|
-507
|
78,352
|
52,500
|
47,500
|
64,000
|
100,500
|
Operating Margin
|
6.49%
|
5.3%
|
3.16%
|
5.73%
|
7.48%
|
5.93%
|
3.09%
|
5.74%
|
5.74%
|
5.74%
|
5.4%
|
3.42%
|
5.9%
|
7.34%
|
6.64%
|
7.96%
|
-0.05%
|
3.93%
|
5.38%
|
4.86%
|
6.25%
|
9.29%
|
Earnings before Tax (EBT)
1 |
108,059
|
88,229
|
65,212
|
36,499
|
137,801
|
81,709
|
26,613
|
91,711
|
53,247
|
144,958
|
85,125
|
32,884
|
111,609
|
68,923
|
180,532
|
121,727
|
6,931
|
128,658
|
132,905
|
56,909
|
119,377
|
83,743
|
Net income
1 |
82,284
|
63,597
|
48,108
|
25,788
|
103,386
|
59,398
|
17,522
|
71,623
|
35,265
|
106,888
|
62,340
|
23,633
|
86,978
|
51,830
|
138,808
|
91,993
|
-2,023
|
89,970
|
98,436
|
41,018
|
89,306
|
48,189
|
Net margin
|
7.46%
|
5.95%
|
5.03%
|
4%
|
8.2%
|
8.4%
|
2.38%
|
9.43%
|
4.18%
|
6.67%
|
7.21%
|
2.59%
|
9.78%
|
5.47%
|
7.55%
|
9.29%
|
-0.2%
|
4.51%
|
10.08%
|
4.2%
|
8.72%
|
4.45%
|
EPS
2 |
265.0
|
-
|
155.0
|
83.06
|
333.0
|
191.3
|
56.43
|
230.7
|
113.6
|
344.3
|
200.8
|
76.11
|
280.1
|
166.9
|
447.1
|
296.3
|
-6.510
|
-
|
295.1
|
143.1
|
263.9
|
248.2
|
Dividend per Share
2 |
80.00
|
-
|
70.00
|
80.00
|
80.00
|
-
|
90.00
|
-
|
90.00
|
90.00
|
-
|
100.0
|
-
|
100.0
|
100.0
|
-
|
120.0
|
-
|
-
|
130.0
|
-
|
130.0
|
Announcement Date
|
10/31/19
|
4/30/20
|
10/29/20
|
10/29/21
|
10/29/21
|
2/2/22
|
4/28/22
|
7/29/22
|
10/28/22
|
10/28/22
|
2/3/23
|
4/27/23
|
7/28/23
|
10/31/23
|
10/31/23
|
2/2/24
|
4/26/24
|
4/26/24
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
835,056
|
981,626
|
1,107,114
|
1,143,430
|
1,496,408
|
1,171,693
|
728,875
|
883,639
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.604
x
|
2.917
x
|
3.375
x
|
2.987
x
|
3.499
x
|
2.398
x
|
1.542
x
|
1.618
x
|
Free Cash Flow
1 |
-124,694
|
130,601
|
-21,778
|
83,714
|
-232,678
|
327,303
|
342,145
|
188,901
|
ROE (net income / shareholders' equity)
|
6.1%
|
5.9%
|
4.8%
|
5%
|
5%
|
4.6%
|
4.92%
|
5.68%
|
ROA (Net income/ Total Assets)
|
2.9%
|
3.72%
|
3.12%
|
3.48%
|
3.4%
|
3.27%
|
2.29%
|
3.37%
|
Assets
1 |
5,259,917
|
3,916,962
|
4,376,977
|
5,176,120
|
5,664,918
|
6,992,185
|
12,053,111
|
8,724,540
|
Book Value Per Share
2 |
7,987
|
7,855
|
10,423
|
12,653
|
12,360
|
19,472
|
20,330
|
17,033
|
Cash Flow per Share
2 |
1,091
|
1,141
|
1,116
|
1,301
|
1,451
|
1,655
|
1,531
|
1,362
|
Capex
1 |
225,621
|
216,002
|
222,360
|
237,371
|
289,974
|
170,000
|
202,938
|
209,387
|
Capex / Sales
|
10.19%
|
9.95%
|
10.5%
|
8.77%
|
8.58%
|
4.52%
|
5.13%
|
5.1%
|
Announcement Date
|
4/26/19
|
4/30/20
|
4/28/21
|
4/28/22
|
4/27/23
|
4/26/24
|
-
|
-
|
Last Close Price
15,030
JPY Average target price
15,346
JPY Spread / Average Target +2.10% Consensus |
1st Jan change
|
Capi.
|
---|
| +30.70% | 28.87B | | +8.66% | 59.55B | | +24.37% | 37.91B | | +28.93% | 25.76B | | +13.48% | 24.32B | | +2.27% | 22.07B | | +19.93% | 18.46B | | -6.40% | 14.61B | | +18.28% | 12.1B | | +16.41% | 9.58B |
Other Heavy Machinery & Vehicles
|