Hikari Heights-Varus Co.,Ltd. (SPSE:2137)

Hikari Heights-Varus Statistics

Total Valuation

SPSE:2137 has a market cap or net worth of JPY 1.50 billion. The enterprise value is -3.67 billion.

Market Cap	1.50B
Enterprise Value	-3.67B

Important Dates

The next estimated earnings date is Friday, November 7, 2025.

Earnings Date	Nov 7, 2025
Ex-Dividend Date	n/a

Share Statistics

SPSE:2137 has 2.09 million shares outstanding.

Current Share Class	2.09M
Shares Outstanding	2.09M
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	75.16%
Owned by Institutions (%)	1.00%
Float	7,500

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.49
PB Ratio	0.47
P/TBV Ratio	0.47
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	9.50
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 6.12, with a Debt / Equity ratio of 0.03.

Current Ratio	6.12
Quick Ratio	5.93
Debt / Equity	0.03
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-17.78

Financial Efficiency

Return on equity (ROE) is -11.45% and return on invested capital (ROIC) is -7.33%.

Return on Equity (ROE)	-11.45%
Return on Assets (ROA)	-3.44%
Return on Invested Capital (ROIC)	-7.33%
Return on Capital Employed (ROCE)	-6.59%
Revenue Per Employee	11.47M
Profits Per Employee	-1.45M
Employee Count	267
Asset Turnover	0.41
Inventory Turnover	1,577.00

Taxes

In the past 12 months, SPSE:2137 has paid 60.00 million in taxes.

Income Tax	60.00M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -4.00% in the last 52 weeks. The beta is -0.01, so SPSE:2137's price volatility has been lower than the market average.

Beta (5Y)	-0.01
52-Week Price Change	-4.00%
50-Day Moving Average	722.36
200-Day Moving Average	732.24
Relative Strength Index (RSI)	47.01
Average Volume (20 Days)	205

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, SPSE:2137 had revenue of JPY 3.06 billion and -387.00 million in losses. Loss per share was -185.24.

Revenue	3.06B
Gross Profit	-91.00M
Operating Income	-409.00M
Pretax Income	-327.00M
Net Income	-387.00M
EBITDA	-328.50M
EBIT	-409.00M
Loss Per Share	-185.24

Balance Sheet

The company has 5.28 billion in cash and 105.00 million in debt, giving a net cash position of 5.18 billion or 2,478.94 per share.

Cash & Cash Equivalents	5.28B
Total Debt	105.00M
Net Cash	5.18B
Net Cash Per Share	2,478.94
Equity (Book Value)	3.19B
Book Value Per Share	1,524.99
Working Capital	4.93B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is -2.97%, with operating and profit margins of -13.35% and -12.63%.

Gross Margin	-2.97%
Operating Margin	-13.35%
Pretax Margin	-10.68%
Profit Margin	-12.63%
EBITDA Margin	-10.72%
EBIT Margin	-13.35%
FCF Margin	n/a

Dividends & Yields

SPSE:2137 does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	n/a
Shareholder Yield	n/a
Earnings Yield	-25.73%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on September 26, 2013. It was a forward split with a ratio of 100.

Last Split Date	Sep 26, 2013
Split Type	Forward
Split Ratio	100

Scores

SPSE:2137 has an Altman Z-Score of 1.67 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.67
Piotroski F-Score	2