Broad Enterprise 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	Apr '26 Apr 14, 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	8,117	6,421	4,979	4,527	3,631	5,398
Market Cap Growth	74.65%	28.96%	9.99%	24.66%	-32.73%	-
Enterprise Value	13,253	10,212	7,012	6,660	4,334	6,492
Last Close Price	1321.00	1050.00	821.00	775.00	622.00	931.00
PE Ratio	19.53	15.44	14.39	13.84	47.16	15.60
PS Ratio	1.09	0.87	1.06	1.14	1.21	2.16
PB Ratio	4.99	3.95	4.13	5.27	7.06	2.54
P/TBV Ratio	5.01	3.96	4.16	5.34	7.23	2.56
EV/Sales Ratio	1.79	1.38	1.49	1.68	1.45	2.60
EV/EBITDA Ratio	12.71	9.79	8.65	11.35	12.07	10.57
EV/EBIT Ratio	13.55	10.44	9.49	13.14	14.95	11.35
Debt / Equity Ratio	3.76	3.76	2.90	2.83	3.35	0.78
Debt / EBITDA Ratio	5.85	5.85	4.32	4.15	4.79	2.70
Net Debt / Equity Ratio	3.16	3.16	2.04	1.54	1.42	-0.01
Net Debt / EBITDA Ratio	4.92	4.92	3.04	2.25	2.04	-0.04
Net Debt / FCF Ratio	-1.95	-1.95	-2.24	-2.07	-1.21	0.03
Asset Turnover	0.79	0.79	0.62	0.61	0.59	0.77
Inventory Turnover	11.04	11.04	5.03	4.14	5.93	451.00
Quick Ratio	1.12	1.12	1.02	0.78	0.57	2.80
Current Ratio	1.29	1.29	1.27	1.15	1.02	2.84
Return on Equity (ROE)	29.37%	29.37%	33.50%	47.63%	5.84%	26.86%
Return on Assets (ROA)	6.53%	6.53%	6.07%	4.91%	3.59%	10.99%
Return on Invested Capital (ROIC)	8.78%	10.14%	15.52%	26.73%	10.68%	23.63%
Return on Capital Employed (ROCE)	31.80%	31.80%	28.90%	23.90%	18.90%	18.30%
Earnings Yield	5.12%	6.48%	6.95%	7.22%	2.12%	6.41%
FCF Yield	-32.40%	-40.96%	-22.05%	-14.09%	-16.69%	-12.69%
Buyback Yield / Dilution	0.24%	0.24%	-0.33%	-101.72%	-17.67%	-8.58%

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