Market Closed -
Japan Exchange
02:00:00 2024-04-26 EDT
|
5-day change
|
1st Jan Change
|
4,547
JPY
|
+5.47%
|
|
+5.28%
|
+20.42%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
729,629
|
692,840
|
910,508
|
1,008,736
|
1,031,074
|
1,968,208
|
-
|
-
|
Enterprise Value (EV)
1 |
1,670,140
|
1,555,426
|
1,732,066
|
1,805,383
|
1,798,875
|
2,668,881
|
2,575,454
|
2,481,088
|
P/E ratio
|
17.7
x
|
13
x
|
16.5
x
|
15.7
x
|
14.1
x
|
19.6
x
|
18.9
x
|
17.9
x
|
Yield
|
1.48%
|
1.75%
|
1.43%
|
1.46%
|
1.6%
|
0.99%
|
1.03%
|
1.09%
|
Capitalization / Revenue
|
0.99
x
|
0.81
x
|
1.11
x
|
1.05
x
|
0.87
x
|
1.58
x
|
1.55
x
|
1.51
x
|
EV / Revenue
|
2.26
x
|
1.83
x
|
2.12
x
|
1.89
x
|
1.52
x
|
2.14
x
|
2.03
x
|
1.91
x
|
EV / EBITDA
|
13.6
x
|
8.75
x
|
9.88
x
|
9.33
x
|
7.99
x
|
9.66
x
|
9.09
x
|
8.47
x
|
EV / FCF
|
-2.54
x
|
17.8
x
|
19.3
x
|
23.2
x
|
20
x
|
33.8
x
|
28.6
x
|
25.4
x
|
FCF Yield
|
-39.3%
|
5.62%
|
5.17%
|
4.31%
|
5%
|
2.96%
|
3.5%
|
3.94%
|
Price to Book
|
1.79
x
|
1.69
x
|
1.77
x
|
1.6
x
|
1.42
x
|
2.39
x
|
2.17
x
|
1.98
x
|
Nbr of stocks (in thousands)
|
432,757
|
432,754
|
432,751
|
432,748
|
432,861
|
432,859
|
-
|
-
|
Reference price
2 |
1,686
|
1,601
|
2,104
|
2,331
|
2,382
|
4,547
|
4,547
|
4,547
|
Announcement Date
|
19-05-13
|
20-05-12
|
21-05-10
|
22-05-11
|
23-05-11
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
740,341
|
850,239
|
818,238
|
957,100
|
1,186,600
|
1,244,648
|
1,267,853
|
1,300,257
|
EBITDA
1 |
122,900
|
177,719
|
175,226
|
193,500
|
225,200
|
276,222
|
283,332
|
292,786
|
EBIT
1 |
66,863
|
93,921
|
88,846
|
101,100
|
119,500
|
164,153
|
168,289
|
174,903
|
Operating Margin
|
9.03%
|
11.05%
|
10.86%
|
10.56%
|
10.07%
|
13.19%
|
13.27%
|
13.45%
|
Earnings before Tax (EBT)
1 |
62,083
|
79,133
|
77,706
|
91,600
|
105,500
|
144,607
|
150,253
|
157,658
|
Net income
1 |
41,291
|
53,340
|
55,214
|
64,100
|
73,000
|
100,644
|
104,048
|
109,748
|
Net margin
|
5.58%
|
6.27%
|
6.75%
|
6.7%
|
6.15%
|
8.09%
|
8.21%
|
8.44%
|
EPS
2 |
95.42
|
123.3
|
127.6
|
148.1
|
168.8
|
232.5
|
240.4
|
253.7
|
Free Cash Flow
1 |
-656,284
|
87,455
|
89,545
|
77,900
|
89,886
|
78,978
|
90,068
|
97,830
|
FCF margin
|
-88.65%
|
10.29%
|
10.94%
|
8.14%
|
7.58%
|
6.35%
|
7.1%
|
7.52%
|
FCF Conversion (EBITDA)
|
-
|
49.21%
|
51.1%
|
40.26%
|
39.91%
|
28.59%
|
31.79%
|
33.41%
|
FCF Conversion (Net income)
|
-
|
163.96%
|
162.18%
|
121.53%
|
123.13%
|
78.47%
|
86.56%
|
89.14%
|
Dividend per Share
2 |
25.00
|
28.00
|
30.00
|
34.00
|
38.00
|
45.08
|
46.90
|
49.75
|
Announcement Date
|
19-05-13
|
20-05-12
|
21-05-10
|
22-05-11
|
23-05-11
|
-
|
-
|
-
|
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 Q3
|
2025 Q4
|
---|
Net sales
1 |
422,881
|
427,358
|
384,505
|
433,733
|
229,071
|
447,374
|
244,161
|
265,600
|
509,726
|
276,006
|
297,600
|
573,600
|
299,343
|
313,600
|
613,000
|
308,900
|
303,600
|
612,500
|
316,000
|
322,258
|
620,000
|
306,467
|
321,000
|
321,267
|
330,433
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
46,749
|
47,172
|
36,665
|
52,181
|
25,227
|
49,799
|
26,457
|
24,900
|
51,301
|
27,472
|
26,300
|
53,800
|
30,526
|
35,100
|
65,700
|
40,700
|
40,900
|
81,600
|
43,000
|
41,324
|
68,500
|
40,033
|
41,267
|
41,400
|
41,167
|
Operating Margin
|
11.05%
|
11.04%
|
9.54%
|
12.03%
|
11.01%
|
11.13%
|
10.84%
|
9.38%
|
10.06%
|
9.95%
|
8.84%
|
9.38%
|
10.2%
|
11.19%
|
10.72%
|
13.18%
|
13.47%
|
13.32%
|
13.61%
|
12.82%
|
11.05%
|
13.06%
|
12.86%
|
12.89%
|
12.46%
|
Earnings before Tax (EBT)
1 |
40,831
|
38,302
|
30,821
|
46,885
|
22,824
|
45,026
|
23,965
|
22,600
|
46,574
|
25,540
|
24,100
|
49,600
|
25,116
|
30,700
|
55,900
|
36,200
|
35,300
|
71,500
|
36,600
|
38,437
|
55,000
|
35,300
|
36,300
|
35,800
|
34,650
|
Net income
1 |
27,740
|
25,600
|
21,001
|
34,213
|
18,229
|
34,291
|
15,845
|
13,900
|
29,809
|
17,285
|
17,800
|
35,100
|
17,251
|
20,600
|
37,900
|
24,500
|
23,900
|
48,500
|
24,800
|
28,037
|
38,700
|
24,950
|
25,700
|
25,350
|
24,450
|
Net margin
|
6.56%
|
5.99%
|
5.46%
|
7.89%
|
7.96%
|
7.66%
|
6.49%
|
5.23%
|
5.85%
|
6.26%
|
5.98%
|
6.12%
|
5.76%
|
6.57%
|
6.18%
|
7.93%
|
7.87%
|
7.92%
|
7.85%
|
8.7%
|
6.24%
|
8.14%
|
8.01%
|
7.89%
|
7.4%
|
EPS
2 |
64.10
|
-
|
48.53
|
-
|
42.12
|
79.24
|
36.61
|
32.28
|
-
|
39.95
|
41.27
|
81.22
|
39.85
|
47.78
|
-
|
56.74
|
55.42
|
112.2
|
57.40
|
71.86
|
-
|
61.68
|
64.45
|
62.84
|
57.76
|
Dividend per Share
2 |
14.00
|
-
|
14.00
|
-
|
16.00
|
16.00
|
-
|
18.00
|
-
|
-
|
18.00
|
18.00
|
-
|
20.00
|
-
|
-
|
20.00
|
20.00
|
-
|
24.00
|
-
|
-
|
22.00
|
-
|
26.00
|
Announcement Date
|
19-10-31
|
20-05-12
|
20-10-30
|
21-05-10
|
21-11-01
|
21-11-01
|
22-02-02
|
22-05-11
|
22-05-11
|
22-07-29
|
22-11-01
|
22-11-01
|
23-02-02
|
23-05-11
|
23-05-11
|
23-07-28
|
23-10-31
|
23-10-31
|
24-02-02
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
940,511
|
862,586
|
821,558
|
796,647
|
767,801
|
700,673
|
607,246
|
512,880
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.653
x
|
4.854
x
|
4.689
x
|
4.117
x
|
3.409
x
|
2.537
x
|
2.143
x
|
1.752
x
|
Free Cash Flow
1 |
-656,284
|
87,455
|
89,545
|
77,900
|
89,886
|
78,978
|
90,068
|
97,830
|
ROE (net income / shareholders' equity)
|
10.4%
|
13.1%
|
12%
|
11.2%
|
10.8%
|
13%
|
11.9%
|
11.6%
|
ROA (Net income/ Total Assets)
|
4.6%
|
4.49%
|
4.33%
|
4.8%
|
5.1%
|
7%
|
7.11%
|
7.18%
|
Assets
1 |
898,562
|
1,187,262
|
1,274,735
|
1,334,085
|
1,430,890
|
1,438,690
|
1,462,803
|
1,529,227
|
Book Value Per Share
2 |
940.0
|
946.0
|
1,186
|
1,453
|
1,673
|
1,905
|
2,094
|
2,296
|
Cash Flow per Share
2 |
225.0
|
317.0
|
345.0
|
344.0
|
413.0
|
509.0
|
538.0
|
566.0
|
Capex
1 |
74,152
|
72,810
|
60,075
|
76,500
|
110,077
|
128,400
|
130,900
|
133,400
|
Capex / Sales
|
10.02%
|
8.56%
|
7.34%
|
7.99%
|
9.28%
|
10.32%
|
10.32%
|
10.26%
|
Announcement Date
|
19-05-13
|
20-05-12
|
21-05-10
|
22-05-11
|
23-05-11
|
-
|
-
|
-
|
Last Close Price
4,547
JPY Average target price
4,354
JPY Spread / Average Target -4.25% Consensus |
1st Jan change
|
Capi.
|
---|
| +20.42% | 12.5B | | +7.91% | 213B | | -13.78% | 52.48B | | +48.18% | 8.54B | | -1.75% | 3.9B | | +21.44% | 3.39B | | +25.90% | 3.39B | | -9.74% | 1.87B | | +6.68% | 1.71B | | -22.62% | 1.23B |
Industrial Gas
|