Kotobuki Spirits Ratios and Metrics

Market cap in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 3, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Market Capitalization	290,334	377,258	298,277	291,587	202,898	223,749
Market Cap Growth	-18.33%	26.48%	2.29%	43.71%	-9.32%	47.79%
Enterprise Value	264,932	354,222	280,567	280,006	196,136	219,115
Last Close Price	1880.00	2430.00	1893.00	1823.76	1259.38	1382.99
PE Ratio	23.37	31.12	27.54	41.55	105.95	-
Forward PE	21.10	25.03	24.56	41.37	60.17	68.41
PS Ratio	3.77	5.21	4.66	5.81	6.30	9.64
PB Ratio	6.51	9.41	8.47	11.00	9.97	11.57
P/TBV Ratio	6.53	9.44	8.49	11.04	10.04	11.66
P/FCF Ratio	-	37.43	33.24	34.20	52.55	-
P/OCF Ratio	-	28.57	27.50	32.10	47.26	2728.65
EV/Sales Ratio	3.44	4.90	4.38	5.58	6.09	9.44
EV/EBITDA Ratio	13.41	18.57	16.56	25.26	74.86	-
EV/EBIT Ratio	14.66	20.11	17.78	28.14	140.10	-
EV/FCF Ratio	-	35.14	31.27	32.84	50.80	-
Debt / Equity Ratio	-	0.01	0.01	0.02	0.04	0.05
Debt / EBITDA Ratio	-	0.02	0.02	0.04	0.28	-
Debt / FCF Ratio	-	0.03	0.03	0.05	0.19	-
Net Debt / Equity Ratio	-0.57	-0.64	-0.66	-0.63	-0.45	-0.33
Net Debt / EBITDA Ratio	-1.29	-1.35	-1.38	-1.51	-3.51	4.31
Net Debt / FCF Ratio	-	-2.56	-2.61	-1.96	-2.38	12.54
Asset Turnover	1.45	1.47	1.53	1.56	1.23	0.90
Inventory Turnover	7.30	7.60	8.66	9.35	8.33	6.46
Quick Ratio	4.19	3.44	3.48	2.87	2.96	3.32
Current Ratio	4.73	3.87	3.90	3.18	3.42	4.10
Return on Equity (ROE)	29.39%	32.19%	35.09%	29.95%	9.65%	-2.81%
Return on Assets (ROA)	21.20%	22.35%	23.63%	19.31%	3.33%	-6.98%
Return on Invested Capital (ROIC)	103.99%	92.60%	100.91%	64.83%	7.71%	-22.22%
Return on Capital Employed (ROCE)	38.60%	41.70%	41.90%	34.50%	6.10%	-13.20%
Earnings Yield	4.28%	3.21%	3.63%	2.41%	0.94%	-0.25%
FCF Yield	-	2.67%	3.01%	2.92%	1.90%	-0.23%
Dividend Yield	1.80%	1.32%	1.48%	0.77%	0.48%	0.43%
Payout Ratio	-	35.94%	20.11%	13.29%	48.72%	-
Buyback Yield / Dilution	0.78%	0.11%	0.00%	0.00%	0.00%	0.00%
Total Shareholder Return	2.58%	1.42%	1.48%	0.77%	0.48%	0.43%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.