Innovation Inc. (TYO:3970)

Innovation Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 22, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	2,561	2,964	3,445	3,957	5,135	7,787
Market Cap Growth	-17.19%	-13.97%	-12.93%	-22.95%	-34.05%	175.19%
Enterprise Value	2,259	291	1,060	1,799	3,142	5,785
Last Close Price	959.00	1120.00	1258.24	1489.28	1991.69	2977.53
PE Ratio	-	44.24	14.12	63.82	11.46	26.58
Forward PE	-	12.11	12.11	12.11	12.16	-
PS Ratio	0.42	0.56	0.72	0.87	1.17	2.53
PB Ratio	0.68	0.73	0.97	1.24	1.70	3.08
P/TBV Ratio	9.05	5.92	1.03	1.33	1.86	3.27
P/FCF Ratio	8.71	70.57	10.13	36.64	11.04	18.99
P/OCF Ratio	6.69	40.60	9.99	35.02	11.02	18.45
EV/Sales Ratio	0.37	0.05	0.22	0.39	0.72	1.88
EV/EBITDA Ratio	14.48	0.69	2.33	4.45	3.82	10.42
EV/EBIT Ratio	-	0.83	2.65	5.24	4.04	11.17
EV/FCF Ratio	7.68	6.93	3.12	16.66	6.76	14.11
Debt / Equity Ratio	0.65	0.64	0.08	-	-	-
Debt / EBITDA Ratio	15.62	6.16	0.66	-	-	-
Debt / FCF Ratio	8.29	61.91	0.88	-	-	-
Asset Turnover	0.99	0.82	1.14	1.21	1.27	1.38
Quick Ratio	2.17	1.24	4.69	5.10	3.97	4.21
Current Ratio	2.32	1.33	4.77	5.21	4.15	4.37
Return on Equity (ROE)	-6.23%	1.73%	6.97%	0.77%	17.04%	17.49%
Return on Assets (ROA)	-0.97%	3.38%	5.90%	5.67%	14.08%	14.53%
Return on Invested Capital (ROIC)	-3.33%	4.17%	24.43%	4.94%	70.52%	79.33%
Return on Capital Employed (ROCE)	-1.60%	7.70%	10.50%	10.70%	25.60%	20.40%
Earnings Yield	-8.79%	2.26%	7.08%	1.57%	8.72%	3.76%
FCF Yield	11.48%	1.42%	9.87%	2.73%	9.05%	5.27%
Dividend Yield	4.17%	3.57%	3.18%	2.62%	1.91%	-
Payout Ratio	-	159.70%	40.16%	146.77%	-	-
Buyback Yield / Dilution	-0.01%	-2.87%	-4.06%	-5.40%	-7.98%	-11.01%
Total Shareholder Return	4.14%	0.70%	-0.88%	-2.79%	-6.07%	-11.01%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.