Milbon 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 5, 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	86,856	77,386	114,131	120,203	186,047	185,315
Market Cap Growth	-14.51%	-32.20%	-5.05%	-35.39%	0.40%	-13.22%
Enterprise Value	75,040	67,142	102,732	111,314	175,823	173,911
Last Close Price	2733.00	2435.00	3382.47	3474.63	5268.99	5165.14
PE Ratio	25.72	22.51	22.75	30.04	33.36	36.27
Forward PE	18.70	18.60	21.67	24.67	31.71	33.54
PS Ratio	1.64	1.46	2.22	2.52	4.11	4.46
PB Ratio	1.77	1.58	2.34	2.62	4.23	4.61
P/TBV Ratio	1.83	1.63	2.42	2.73	4.42	4.79
P/FCF Ratio	35.66	31.77	21.02	55.47	95.56	66.00
P/OCF Ratio	16.13	14.37	14.97	25.23	37.15	27.93
PEG Ratio	4.06	2.85	2.85	2.85	2.85	2.85
EV/Sales Ratio	1.42	1.27	2.00	2.33	3.89	4.18
EV/EBITDA Ratio	9.72	8.67	11.27	14.27	18.25	18.13
EV/EBIT Ratio	13.90	12.37	15.06	20.15	23.28	22.25
EV/FCF Ratio	30.81	27.57	18.92	51.37	90.30	61.93
Net Debt / Equity Ratio	-0.24	-0.24	-0.28	-0.25	-0.28	-0.34
Net Debt / EBITDA Ratio	-1.52	-1.52	-1.52	-1.45	-1.28	-1.41
Net Debt / FCF Ratio	-4.85	-4.85	-2.55	-5.23	-6.32	-4.82
Asset Turnover	0.91	0.91	0.91	0.90	0.90	0.91
Inventory Turnover	1.89	1.89	1.94	2.10	2.20	2.53
Quick Ratio	2.30	2.30	2.16	2.54	2.19	2.49
Current Ratio	3.79	3.79	3.36	3.99	3.34	3.41
Return on Equity (ROE)	7.03%	7.03%	10.59%	8.90%	13.25%	13.36%
Return on Assets (ROA)	5.82%	5.82%	7.60%	6.51%	9.35%	10.70%
Return on Invested Capital (ROIC)	10.28%	10.49%	14.12%	12.28%	18.46%	22.13%
Return on Capital Employed (ROCE)	10.80%	10.80%	13.70%	11.80%	16.90%	19.10%
Earnings Yield	3.96%	4.44%	4.40%	3.33%	3.00%	2.76%
FCF Yield	2.80%	3.15%	4.76%	1.80%	1.05%	1.52%
Dividend Yield	3.23%	3.61%	2.60%	2.53%	1.63%	1.32%
Payout Ratio	83.33%	83.33%	57.03%	69.88%	45.44%	37.50%
Buyback Yield / Dilution	0.62%	0.62%	-0.06%	-0.04%	-0.04%	0.06%
Total Shareholder Return	3.85%	4.23%	2.54%	2.49%	1.59%	1.38%

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