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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 12, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	84,700	114,131	120,203	186,047	185,315	213,542
Market Cap Growth	-18.07%	-5.05%	-35.39%	0.40%	-13.22%	5.20%
Enterprise Value	74,456	102,732	111,314	175,823	173,911	203,370
Last Close Price	2735.00	3382.47	3474.63	5268.99	5165.14	5886.05
PE Ratio	26.92	22.75	30.04	33.36	36.27	50.80
Forward PE	20.07	21.67	24.67	31.71	33.54	44.73
PS Ratio	1.62	2.22	2.52	4.11	4.46	5.98
PB Ratio	1.81	2.34	2.62	4.23	4.61	5.88
P/TBV Ratio	1.87	2.42	2.73	4.42	4.79	6.10
P/FCF Ratio	-	21.02	55.47	95.56	66.00	41.38
P/OCF Ratio	-	14.97	25.23	37.15	27.93	32.61
PEG Ratio	4.36	2.85	2.85	2.85	2.85	2.85
EV/Sales Ratio	1.43	2.00	2.33	3.89	4.18	5.69
EV/EBITDA Ratio	9.93	11.27	14.27	18.25	18.13	25.41
EV/EBIT Ratio	14.36	15.06	20.15	23.28	22.25	31.80
EV/FCF Ratio	-	18.92	51.37	90.30	61.93	39.41
Net Debt / Equity Ratio	-0.22	-0.28	-0.25	-0.28	-0.34	-0.34
Net Debt / EBITDA Ratio	-1.36	-1.52	-1.45	-1.28	-1.41	-1.54
Net Debt / FCF Ratio	-	-2.55	-5.23	-6.32	-4.82	-2.39
Asset Turnover	0.95	0.91	0.90	0.90	0.91	0.84
Inventory Turnover	1.85	1.94	2.10	2.20	2.53	2.40
Quick Ratio	2.09	2.16	2.54	2.19	2.49	2.71
Current Ratio	3.86	3.36	3.99	3.34	3.41	3.63
Return on Equity (ROE)	-	10.59%	8.90%	13.25%	13.36%	11.65%
Return on Assets (ROA)	-	7.60%	6.51%	9.35%	10.70%	9.41%
Return on Invested Capital (ROIC)	9.83%	14.12%	12.28%	18.46%	22.13%	18.55%
Return on Capital Employed (ROCE)	11.00%	13.70%	11.80%	16.90%	19.10%	17.30%
Earnings Yield	3.90%	4.40%	3.33%	3.00%	2.76%	1.97%
FCF Yield	-	4.76%	1.80%	1.05%	1.52%	2.42%
Dividend Yield	3.23%	2.60%	2.53%	1.63%	1.32%	0.95%
Payout Ratio	-	57.03%	69.88%	45.44%	37.50%	43.41%
Buyback Yield / Dilution	0.07%	-0.06%	-0.04%	-0.04%	0.06%	0.64%
Total Shareholder Return	3.30%	2.54%	2.49%	1.59%	1.38%	1.59%

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