Link and Motivation Ratios and Metrics

Market cap in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	60,571	56,689	63,142	62,182	71,168	57,707
Market Cap Growth	5.74%	-10.22%	1.54%	-12.63%	23.33%	-5.98%
Enterprise Value	67,963	64,978	71,493	67,671	79,704	73,174
Last Close Price	546.00	511.00	574.94	528.21	597.42	502.48
PE Ratio	36.54	34.97	17.11	21.88	36.67	62.86
Forward PE	12.76	12.32	15.89	20.32	26.29	30.22
PS Ratio	1.46	1.37	1.69	1.83	2.17	1.77
PB Ratio	3.60	3.37	4.39	4.81	6.27	6.67
P/FCF Ratio	11.74	10.99	11.55	14.74	20.84	14.48
P/OCF Ratio	11.55	10.81	11.20	14.32	20.05	13.37
EV/Sales Ratio	1.64	1.57	1.91	1.99	2.43	2.24
EV/EBITDA Ratio	11.02	10.79	9.76	10.30	13.96	12.92
EV/EBIT Ratio	15.62	15.46	12.74	13.86	20.00	26.18
EV/FCF Ratio	13.17	12.60	13.08	16.04	23.34	18.36
Debt / Equity Ratio	0.92	0.92	0.81	0.86	0.98	1.61
Debt / EBITDA Ratio	2.58	2.58	1.59	1.69	1.95	2.45
Debt / FCF Ratio	3.01	3.01	2.13	2.63	3.26	3.48
Net Debt / Equity Ratio	0.25	0.25	0.21	0.29	0.44	1.04
Net Debt / EBITDA Ratio	0.69	0.69	0.41	0.56	0.88	1.58
Net Debt / FCF Ratio	0.81	0.81	0.55	0.88	1.47	2.25
Asset Turnover	1.12	1.12	1.17	1.14	1.11	0.92
Inventory Turnover	70.72	70.72	67.33	79.72	87.25	89.43
Quick Ratio	1.15	1.15	1.30	0.89	0.86	0.61
Current Ratio	1.25	1.25	1.38	0.97	0.91	0.65
Return on Equity (ROE)	12.94%	12.94%	29.67%	25.83%	21.90%	16.23%
Return on Assets (ROA)	7.08%	7.08%	10.96%	10.20%	8.44%	4.91%
Return on Invested Capital (ROIC)	9.09%	10.48%	24.65%	20.32%	14.68%	7.28%
Return on Capital Employed (ROCE)	15.60%	15.60%	24.30%	27.60%	23.10%	18.60%
Earnings Yield	2.68%	2.86%	5.85%	4.57%	2.73%	1.59%
FCF Yield	8.52%	9.10%	8.65%	6.78%	4.80%	6.91%
Dividend Yield	2.92%	3.13%	2.12%	2.14%	1.29%	1.47%
Payout Ratio	100.80%	100.80%	34.52%	40.68%	43.64%	83.33%
Buyback Yield / Dilution	-0.90%	-0.90%	3.64%	0.11%	-6.00%	-0.31%
Total Shareholder Return	2.02%	2.23%	5.76%	2.25%	-4.71%	1.16%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.