| Market Cap | JPY 4.93T | |
| Enterprise Value | JPY 8.24T | |
| Revenue | JPY 1.75T | +10.5% |
| Gross Profit | — | — |
| EBITDA | JPY 437.76B | +6.6% |
| Net Income | JPY 222.51B | +17.5% |
| Diluted EPS | JPY 181.80 | +20.4% |
| Free Cash Flow | JPY 1.03T | +34.6% |
| Ratio | 2025 | 2026 | Trend · 2y | vs own |
|---|---|---|---|---|
| ▾Margins | ||||
| Operating Margin | 19.57% | 18.88% | 25% | |
| EBITDA Margin | 25.98% | 25.07% | 25% | |
| NOPAT Margin | 12.78% | 12.73% | 25% | |
| Net Margin | 11.99% | 12.74% | 75% | |
| FCF Margin | 48.60% | 59.20% | 75% | |
| OCF Margin | 20.52% | 29.15% | 75% | |
| Capex Intensity | −28.08% | −30.05% | 25% | |
| ▸Returns on Capital · 6 ratios | ||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||
| ▸Earnings quality · 7 ratios | ||||
| ▸Liquidity & coverage · 5 ratios | ||||
| ▸Leverage · 9 ratios | ||||
| ▸Working capital · 1 ratios | ||||
| ▸Capital allocation · 1 ratios | ||||
The five drivers multiply to 8.6% vs reported ROE 8.5%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | JPY 1.35T | JPY 1.38T | JPY 1.50T | JPY 1.58T | JPY 1.75T |
| YoY % | +2.1% | +9.2% | +5.0% | +10.5% | |
| SG&A Expense | — | — | — | JPY 108.73B | JPY 125.03B |
| YoY % | +15.0% | ||||
| Operating Income | — | — | — | JPY 309.23B | JPY 329.73B |
| YoY % | +6.6% | ||||
| Pretax Income | — | — | — | JPY 316.96B | JPY 349.35B |
| YoY % | +10.2% | ||||
| Income Tax | — | — | — | JPY 110.09B | JPY 113.83B |
| YoY % | +3.4% | ||||
| Net Income (incl. NCI) | — | — | — | JPY 206.87B | JPY 235.51B |
| YoY % | +13.8% | ||||
| Minority Interest (P&L) | — | — | — | JPY 17.51B | JPY 13.01B |
| YoY % | -25.7% | ||||
| Net Income | — | — | — | JPY 189.36B | JPY 222.51B |
| YoY % | +17.5% | ||||
| EPS (Basic) | JPY 116.45 | JPY 125.54 | JPY 131.96 | JPY 151.04 | JPY 181.80 |
| YoY % | +7.8% | +5.1% | +14.5% | +20.4% | |
| EPS (Diluted) | JPY 116.44 | JPY 125.53 | JPY 131.96 | JPY 151.04 | JPY 181.80 |
| YoY % | +7.8% | +5.1% | +14.5% | +20.4% |
Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
