Delayed
Japan Exchange
02:00:00 2024-04-26 EDT
|
5-day change
|
1st Jan Change
|
4,264
JPY
|
-1.68%
|
|
-4.33%
|
+15.62%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,426,055
|
1,679,604
|
3,231,281
|
2,781,994
|
3,098,679
|
4,035,447
|
-
|
-
|
Enterprise Value (EV)
1 |
3,205,945
|
2,442,309
|
3,898,137
|
3,412,704
|
3,925,257
|
4,184,038
|
4,648,662
|
4,476,650
|
P/E ratio
|
9.46
x
|
10.9
x
|
30.4
x
|
12.4
x
|
9.49
x
|
10.6
x
|
10.3
x
|
9.97
x
|
Yield
|
4.28%
|
5.29%
|
1.61%
|
3.26%
|
4.24%
|
3.89%
|
4.06%
|
4.16%
|
Capitalization / Revenue
|
0.89
x
|
0.69
x
|
1.48
x
|
0.99
x
|
0.87
x
|
1.08
x
|
1.05
x
|
1.03
x
|
EV / Revenue
|
1.18
x
|
1
x
|
1.78
x
|
1.22
x
|
1.11
x
|
1.08
x
|
1.21
x
|
1.14
x
|
EV / EBITDA
|
6.06
x
|
6.39
x
|
13
x
|
7.53
x
|
6.13
x
|
6.3
x
|
6.24
x
|
5.77
x
|
EV / FCF
|
209
x
|
19
x
|
20.4
x
|
21.7
x
|
106
x
|
20
x
|
11.5
x
|
11.9
x
|
FCF Yield
|
0.48%
|
5.27%
|
4.9%
|
4.61%
|
0.94%
|
5%
|
8.71%
|
8.41%
|
Price to Book
|
1.34
x
|
0.95
x
|
1.69
x
|
1.25
x
|
1.22
x
|
1.38
x
|
1.24
x
|
1.19
x
|
Nbr of stocks (in thousands)
|
943,807
|
944,393
|
945,095
|
945,292
|
945,584
|
946,399
|
-
|
-
|
Reference price
2 |
2,570
|
1,778
|
3,419
|
2,943
|
3,277
|
4,264
|
4,264
|
4,264
|
Announcement Date
|
19-04-26
|
20-05-18
|
21-04-30
|
22-04-28
|
23-04-28
|
24-04-26
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,725,243
|
2,444,870
|
2,189,512
|
2,802,323
|
3,543,475
|
3,865,122
|
3,853,205
|
3,935,984
|
EBITDA
1 |
529,270
|
382,303
|
300,454
|
453,361
|
640,373
|
750,740
|
744,457
|
776,236
|
EBIT
1 |
397,806
|
250,707
|
167,328
|
317,015
|
490,685
|
607,194
|
591,354
|
612,217
|
Operating Margin
|
14.6%
|
10.25%
|
7.64%
|
11.31%
|
13.85%
|
15.71%
|
15.35%
|
15.55%
|
Earnings before Tax (EBT)
1 |
377,471
|
223,114
|
162,775
|
324,568
|
476,434
|
575,663
|
556,784
|
583,403
|
Net income
1 |
256,491
|
153,844
|
106,237
|
224,927
|
326,398
|
393,426
|
387,420
|
402,376
|
Net margin
|
9.41%
|
6.29%
|
4.85%
|
8.03%
|
9.21%
|
10.18%
|
10.05%
|
10.22%
|
EPS
2 |
271.8
|
162.9
|
112.4
|
238.0
|
345.2
|
416.0
|
413.8
|
427.8
|
Free Cash Flow
1 |
15,344
|
128,629
|
190,955
|
157,401
|
36,956
|
236,383
|
404,838
|
376,704
|
FCF margin
|
0.56%
|
5.26%
|
8.72%
|
5.62%
|
1.04%
|
6.23%
|
10.51%
|
9.57%
|
FCF Conversion (EBITDA)
|
2.9%
|
33.65%
|
63.56%
|
34.72%
|
5.77%
|
31.49%
|
54.38%
|
48.53%
|
FCF Conversion (Net income)
|
5.98%
|
83.61%
|
179.74%
|
69.98%
|
11.32%
|
60.61%
|
104.5%
|
93.62%
|
Dividend per Share
2 |
110.0
|
94.00
|
55.00
|
96.00
|
139.0
|
165.9
|
173.3
|
177.5
|
Announcement Date
|
19-04-26
|
20-05-18
|
21-04-30
|
22-04-28
|
23-04-28
|
24-04-26
|
-
|
-
|
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
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
1,213,485
|
957,717
|
643,134
|
1,291,400
|
723,277
|
787,646
|
763,808
|
854,927
|
1,618,735
|
920,497
|
1,004,243
|
-
|
899,551
|
923,443
|
1,822,994
|
971,996
|
1,070,132
|
2,042,128
|
934,000
|
969,000
|
1,047,000
|
1,147,000
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
182,196
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
141,982
|
60,342
|
74,534
|
136,284
|
87,479
|
93,252
|
93,562
|
118,072
|
211,634
|
134,965
|
144,086
|
-
|
147,021
|
149,955
|
296,976
|
156,445
|
153,773
|
310,218
|
146,000
|
153,000
|
168,000
|
170,000
|
Operating Margin
|
11.7%
|
6.3%
|
11.59%
|
10.55%
|
12.09%
|
11.84%
|
12.25%
|
13.81%
|
13.07%
|
14.66%
|
14.35%
|
-
|
16.34%
|
16.24%
|
16.29%
|
16.1%
|
14.37%
|
15.19%
|
15.63%
|
15.79%
|
16.05%
|
14.82%
|
Earnings before Tax (EBT)
1 |
128,212
|
58,530
|
75,055
|
136,509
|
87,806
|
100,253
|
112,475
|
115,284
|
227,759
|
112,048
|
136,627
|
-
|
148,168
|
139,852
|
288,020
|
142,251
|
145,392
|
-
|
137,000
|
145,000
|
160,000
|
163,000
|
Net income
1 |
90,062
|
37,294
|
52,249
|
93,141
|
62,361
|
69,425
|
80,454
|
82,114
|
162,568
|
69,343
|
94,487
|
-
|
105,427
|
100,121
|
205,548
|
98,719
|
89,159
|
-
|
95,000
|
101,000
|
111,000
|
113,000
|
Net margin
|
7.42%
|
3.89%
|
8.12%
|
7.21%
|
8.62%
|
8.81%
|
10.53%
|
9.6%
|
10.04%
|
7.53%
|
9.41%
|
-
|
11.72%
|
10.84%
|
11.28%
|
10.16%
|
8.33%
|
-
|
10.17%
|
10.42%
|
10.6%
|
9.85%
|
EPS
2 |
95.40
|
39.48
|
55.29
|
98.56
|
65.97
|
73.44
|
85.11
|
86.85
|
172.0
|
73.34
|
99.92
|
-
|
111.5
|
105.9
|
217.4
|
104.4
|
94.24
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
55.00
|
18.00
|
40.00
|
40.00
|
-
|
56.00
|
-
|
64.00
|
64.00
|
-
|
75.00
|
75.00
|
-
|
72.00
|
72.00
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
19-10-30
|
20-10-28
|
21-10-28
|
21-10-28
|
22-01-31
|
22-04-28
|
22-07-29
|
22-10-31
|
22-10-31
|
23-01-31
|
23-04-28
|
23-04-28
|
23-07-28
|
23-10-27
|
23-10-27
|
24-01-30
|
24-04-26
|
24-04-26
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
779,890
|
762,705
|
666,856
|
630,710
|
826,578
|
694,638
|
613,215
|
441,203
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.474
x
|
1.995
x
|
2.219
x
|
1.391
x
|
1.291
x
|
0.9253
x
|
0.8237
x
|
0.5684
x
|
Free Cash Flow
1 |
15,344
|
128,629
|
190,955
|
157,401
|
36,956
|
236,383
|
404,838
|
376,704
|
ROE (net income / shareholders' equity)
|
14.7%
|
8.6%
|
5.8%
|
10.9%
|
13.7%
|
14.1%
|
13.1%
|
12.8%
|
ROA (Net income/ Total Assets)
|
10.8%
|
6.12%
|
4.38%
|
7.98%
|
10.3%
|
11%
|
7.45%
|
7.61%
|
Assets
1 |
2,381,899
|
2,513,996
|
2,427,420
|
2,817,882
|
3,159,398
|
3,592,285
|
5,200,273
|
5,290,711
|
Book Value Per Share
2 |
1,923
|
1,875
|
2,023
|
2,362
|
2,686
|
3,207
|
3,425
|
3,575
|
Cash Flow per Share
2 |
411.0
|
302.0
|
254.0
|
383.0
|
504.0
|
582.0
|
665.0
|
636.0
|
Capex
1 |
179,210
|
166,552
|
163,174
|
147,762
|
161,563
|
174,937
|
188,538
|
184,462
|
Capex / Sales
|
6.58%
|
6.81%
|
7.45%
|
5.27%
|
4.56%
|
4.61%
|
4.89%
|
4.69%
|
Announcement Date
|
19-04-26
|
20-05-18
|
21-04-30
|
22-04-28
|
23-04-28
|
24-04-26
|
-
|
-
|
Last Close Price
4,264
JPY Average target price
4,932
JPY Spread / Average Target +15.66% Consensus |
1st Jan change
|
Capi.
|
---|
| +15.62% | 25.64B | | +16.37% | 58.67B | | +29.42% | 36.8B | | +26.70% | 28.74B | | +16.13% | 23.31B | | +2.47% | 21.74B | | +15.97% | 18.38B | | -3.69% | 14.21B | | +19.13% | 12.04B | | +17.83% | 9.38B |
Other Heavy Machinery & Vehicles
|