Nichirin 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	54,148	45,374	44,276	24,865	23,295	23,831
Market Cap Growth	22.54%	2.48%	78.06%	6.74%	-2.25%	-14.07%
Enterprise Value	40,420	34,482	32,662	16,090	16,854	21,087
Last Close Price	4105.00	3291.24	2973.44	1539.77	1354.84	1307.28
PE Ratio	8.98	7.35	7.49	5.43	4.87	10.01
PS Ratio	0.75	0.64	0.63	0.39	0.40	0.46
PB Ratio	0.85	0.71	0.76	0.47	0.49	0.59
P/TBV Ratio	0.99	0.80	0.87	0.54	0.58	0.69
P/FCF Ratio	-	9.97	6.64	5.23	4.94	78.65
P/OCF Ratio	-	5.23	4.47	3.67	3.67	8.34
EV/Sales Ratio	0.56	0.48	0.46	0.25	0.29	0.41
EV/EBITDA Ratio	3.20	2.82	2.66	1.57	1.85	3.21
EV/EBIT Ratio	4.34	3.76	3.40	2.10	2.46	4.89
EV/FCF Ratio	-	7.58	4.89	3.39	3.58	69.60
Debt / Equity Ratio	0.03	0.02	0.03	0.05	0.08	0.09
Debt / EBITDA Ratio	0.17	0.12	0.12	0.24	0.39	0.54
Debt / FCF Ratio	-	0.33	0.22	0.53	0.75	11.69
Net Debt / Equity Ratio	-0.29	-0.31	-0.33	-0.30	-0.29	-0.23
Net Debt / EBITDA Ratio	-1.47	-1.61	-1.56	-1.54	-1.48	-1.40
Net Debt / FCF Ratio	-	-4.32	-2.87	-3.33	-2.87	-30.41
Asset Turnover	0.90	0.89	0.94	0.91	0.91	0.86
Inventory Turnover	4.04	3.99	4.30	4.17	4.58	4.89
Quick Ratio	2.63	2.55	2.42	2.32	2.12	1.95
Current Ratio	3.85	3.79	3.47	3.35	3.07	2.70
Return on Equity (ROE)	11.73%	12.27%	13.22%	11.47%	14.39%	8.11%
Return on Assets (ROA)	7.22%	7.13%	7.99%	6.83%	6.68%	4.47%
Return on Invested Capital (ROIC)	14.73%	15.37%	17.27%	14.80%	15.00%	10.81%
Return on Capital Employed (ROCE)	13.30%	13.20%	15.10%	13.00%	12.60%	9.20%
Earnings Yield	11.13%	13.60%	13.36%	18.41%	20.52%	9.99%
FCF Yield	-	10.03%	15.07%	19.11%	20.23%	1.27%
Dividend Yield	4.18%	5.20%	5.04%	5.85%	-	3.44%
Payout Ratio	-	37.74%	24.26%	25.60%	20.27%	26.89%
Buyback Yield / Dilution	2.01%	1.99%	3.37%	0.83%	0.06%	0.70%
Total Shareholder Return	6.20%	7.19%	8.42%	6.67%	0.06%	4.14%

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