THE WHY HOW DO COMPANY, Inc. (TYO:3823)

THE WHY HOW DO COMPANY Ratios and Metrics

Market cap in millions JPY. Fiscal year is September - August.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 29, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Market Capitalization	4,355	8,010	2,395	3,156	5,237	5,778
Market Cap Growth	-46.33%	234.44%	-24.11%	-39.73%	-9.37%	-18.51%
Enterprise Value	4,228	7,376	2,261	2,927	4,372	5,860
Last Close Price	29.00	77.00	32.00	91.00	151.00	191.00

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 29, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
PS Ratio	1.65	4.57	3.21	3.35	5.70	6.41
PB Ratio	3.08	5.08	3.09	3.89	4.76	7.74
P/TBV Ratio	5.68	5.66	3.36	5.24	5.20	12.11

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 29, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
EV/Sales Ratio	1.60	4.21	3.03	3.11	4.76	6.50

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 29, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Debt / Equity Ratio	0.81	0.21	0.59	0.42	0.38	0.70
Net Debt / Equity Ratio	-0.11	-0.58	-0.17	-0.23	-0.63	-0.29
Net Debt / EBITDA Ratio	0.14	1.24	0.50	0.68	6.04	0.80
Net Debt / FCF Ratio	0.31	8.14	0.17	0.46	4.89	0.68
Asset Turnover	0.89	0.87	0.52	0.62	0.60	0.60
Inventory Turnover	4.18	7.31	52.40	42.97	25.58	38.55
Quick Ratio	1.75	3.16	2.81	2.54	5.41	3.15
Current Ratio	2.45	3.98	3.28	3.44	6.37	3.61
Return on Equity (ROE)	-37.36%	-4.85%	-125.85%	-36.11%	-43.64%	-67.64%
Return on Assets (ROA)	-25.11%	-24.24%	-13.08%	-12.12%	-6.95%	-19.77%
Return on Invested Capital (ROIC)	-92.97%	-119.08%	-47.63%	-56.40%	-36.34%	-69.98%
Return on Capital Employed (ROCE)	-48.10%	-38.10%	-23.50%	-26.30%	-11.80%	-42.00%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 29, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Earnings Yield	-12.38%	-0.86%	-40.13%	-11.00%	-7.70%	-10.06%
FCF Yield	-11.76%	-1.40%	-32.78%	-12.52%	-2.69%	-5.50%
Buyback Yield / Dilution	-51.57%	-73.78%	-57.59%	-8.86%	-11.14%	-9.25%

Data Source: S&P Global Market Intelligence Last updated: Feb 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 28, 2026

Data Sources Report a data error