EM Systems 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 26, 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	46,519	54,964	54,061	49,276	57,475	53,607
Market Cap Growth	-15.25%	1.67%	9.71%	-14.27%	7.22%	-20.28%
Enterprise Value	39,297	47,436	45,449	42,938	49,259	46,056
Last Close Price	672.00	794.00	743.17	630.96	723.22	661.36
PE Ratio	19.03	22.42	22.29	25.12	30.36	29.31
Forward PE	23.25	25.33	26.20	21.15	25.68	31.82
PS Ratio	1.97	2.32	2.18	2.42	3.40	3.71
PB Ratio	2.28	2.69	2.62	2.40	2.95	2.85
P/TBV Ratio	2.84	3.36	3.16	3.21	3.35	3.30
P/FCF Ratio	43.35	51.23	10.09	34.85	23.88	33.59
P/OCF Ratio	23.17	27.37	9.39	31.11	23.25	31.31
PEG Ratio	-	0.50	0.50	0.50	0.50	0.50
EV/Sales Ratio	1.66	2.01	1.83	2.11	2.91	3.19
EV/EBITDA Ratio	7.90	9.54	7.54	11.33	14.63	16.19
EV/EBIT Ratio	10.69	12.90	10.18	18.42	20.56	24.60
EV/FCF Ratio	36.62	44.21	8.48	30.37	20.47	28.86
Debt / Equity Ratio	0.03	0.03	0.07	0.13	0.01	0
Debt / EBITDA Ratio	0.12	0.12	0.24	0.68	0.03	0.00
Debt / FCF Ratio	0.54	0.54	0.27	1.82	0.05	0.00
Net Debt / Equity Ratio	-0.36	-0.36	-0.51	-0.33	-0.45	-0.44
Net Debt / EBITDA Ratio	-1.46	-1.46	-1.73	-1.81	-2.61	-2.91
Net Debt / FCF Ratio	-6.77	-6.77	-1.95	-4.86	-3.64	-5.19
Asset Turnover	0.80	0.80	0.81	0.73	0.66	0.60
Inventory Turnover	17.73	17.73	11.22	9.40	9.76	15.69
Quick Ratio	1.92	1.92	1.78	2.23	2.36	2.60
Current Ratio	2.24	2.24	2.02	2.63	2.80	3.02
Return on Equity (ROE)	12.01%	12.01%	11.88%	9.90%	9.79%	9.91%
Return on Assets (ROA)	7.77%	7.77%	9.14%	5.23%	5.85%	4.88%
Return on Invested Capital (ROIC)	19.38%	21.42%	24.80%	13.77%	15.15%	12.85%
Return on Capital Employed (ROCE)	16.90%	16.90%	19.80%	9.80%	11.20%	9.10%
Earnings Yield	5.27%	4.46%	4.49%	3.98%	3.29%	3.41%
FCF Yield	2.31%	1.95%	9.91%	2.87%	4.19%	2.98%
Dividend Yield	5.80%	-	4.71%	2.22%	1.66%	1.66%
Payout Ratio	121.17%	121.17%	46.31%	54.03%	41.26%	39.04%
Buyback Yield / Dilution	1.43%	1.43%	0.67%	0.17%	0.43%	0.20%
Total Shareholder Return	7.23%	1.43%	5.38%	2.39%	2.09%	1.86%

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