Toagosei 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	Mar '26 Mar 4, 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	193,377	176,105	170,111	153,658	134,670	144,520
Market Cap Growth	21.45%	3.52%	10.71%	14.10%	-6.82%	-6.26%
Enterprise Value	184,807	171,605	146,821	114,981	92,144	89,009
Last Close Price	1842.00	1641.50	1452.19	1262.92	983.47	988.81
PE Ratio	15.74	13.80	14.32	12.62	10.78	10.50
Forward PE	15.28	16.16	16.16	16.16	16.16	16.16
PS Ratio	1.19	1.09	1.01	0.96	0.84	0.93
PB Ratio	0.90	0.82	0.80	0.72	0.64	0.70
P/TBV Ratio	0.92	0.84	0.81	0.73	0.66	0.72
P/FCF Ratio	-	-	-	15.40	-	14.89
P/OCF Ratio	8.67	7.90	8.43	7.10	12.26	6.81
EV/Sales Ratio	1.14	1.06	0.88	0.72	0.57	0.57
EV/EBITDA Ratio	7.14	6.64	5.75	4.97	3.71	3.15
EV/EBIT Ratio	13.00	12.10	10.31	9.20	6.41	5.04
EV/FCF Ratio	-32.53	-	-	11.52	-	9.17
Debt / Equity Ratio	0.10	0.10	0.06	0.06	0.06	0.06
Debt / EBITDA Ratio	0.84	0.84	0.48	0.53	0.50	0.41
Debt / FCF Ratio	-	-	-	1.24	-	1.19
Net Debt / Equity Ratio	-0.04	-0.04	-0.14	-0.21	-0.22	-0.31
Net Debt / EBITDA Ratio	-0.38	-0.38	-1.16	-1.89	-1.85	-2.26
Net Debt / FCF Ratio	1.71	1.71	15.87	-4.39	4.94	-6.59
Asset Turnover	0.57	0.57	0.61	0.59	0.61	0.62
Inventory Turnover	4.59	4.59	4.92	4.69	5.25	6.08
Quick Ratio	1.71	1.71	1.93	2.58	2.86	3.37
Current Ratio	2.33	2.33	2.52	3.25	3.68	3.95
Return on Equity (ROE)	5.98%	5.98%	5.61%	5.78%	6.11%	6.92%
Return on Assets (ROA)	3.13%	3.13%	3.23%	2.91%	3.43%	4.41%
Return on Invested Capital (ROIC)	5.12%	5.38%	5.83%	5.36%	6.89%	9.44%
Return on Capital Employed (ROCE)	5.90%	5.90%	6.20%	5.40%	6.30%	8.00%
Earnings Yield	6.60%	7.25%	6.98%	7.93%	9.28%	9.53%
FCF Yield	-2.94%	-3.23%	-1.09%	6.49%	-6.91%	6.71%
Dividend Yield	3.63%	-	4.13%	4.20%	3.66%	3.64%
Payout Ratio	54.23%	54.23%	61.10%	37.38%	36.81%	29.76%
Buyback Yield / Dilution	3.95%	3.95%	4.14%	3.92%	3.16%	2.35%
Total Shareholder Return	7.42%	3.95%	8.28%	8.11%	6.82%	5.99%

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