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 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	56,060	48,740	45,374	44,276	24,865	23,295
Market Cap Growth	21.96%	7.42%	2.48%	78.06%	6.74%	-2.25%
Enterprise Value	42,332	37,219	34,482	32,662	16,090	16,854
Last Close Price	4250.00	3695.00	3280.39	2963.63	1534.69	1350.37
PE Ratio	10.16	8.84	7.35	7.49	5.43	4.87
PS Ratio	0.76	0.66	0.64	0.63	0.39	0.40
PB Ratio	0.82	0.72	0.71	0.76	0.47	0.49
P/TBV Ratio	0.96	0.84	0.80	0.87	0.54	0.58
P/FCF Ratio	9.05	7.87	9.97	6.64	5.23	4.94
P/OCF Ratio	6.66	5.79	5.23	4.47	3.67	3.67
EV/Sales Ratio	0.57	0.51	0.48	0.46	0.25	0.29
EV/EBITDA Ratio	3.45	3.03	2.82	2.66	1.57	1.85
EV/EBIT Ratio	4.67	4.11	3.76	3.40	2.10	2.46
EV/FCF Ratio	6.84	6.01	7.58	4.89	3.39	3.58
Debt / Equity Ratio	0.03	0.03	0.02	0.03	0.05	0.08
Debt / EBITDA Ratio	0.17	0.17	0.12	0.12	0.24	0.39
Debt / FCF Ratio	0.34	0.34	0.33	0.22	0.53	0.75
Net Debt / Equity Ratio	-0.31	-0.31	-0.31	-0.33	-0.30	-0.29
Net Debt / EBITDA Ratio	-1.75	-1.75	-1.61	-1.56	-1.54	-1.48
Net Debt / FCF Ratio	-3.47	-3.47	-4.32	-2.87	-3.33	-2.87
Asset Turnover	0.86	0.86	0.89	0.94	0.91	0.91
Inventory Turnover	3.89	3.89	3.99	4.30	4.17	4.58
Quick Ratio	2.78	2.78	2.55	2.42	2.32	2.12
Current Ratio	4.01	4.01	3.79	3.47	3.35	3.07
Return on Equity (ROE)	10.40%	10.40%	12.27%	13.22%	11.47%	14.39%
Return on Assets (ROA)	6.62%	6.62%	7.13%	7.99%	6.83%	6.68%
Return on Invested Capital (ROIC)	14.00%	14.19%	15.37%	17.27%	14.80%	15.00%
Return on Capital Employed (ROCE)	12.10%	12.10%	13.20%	15.10%	13.00%	12.60%
Earnings Yield	9.84%	11.31%	13.60%	13.36%	18.41%	20.52%
FCF Yield	11.05%	12.71%	10.03%	15.07%	19.11%	20.23%
Dividend Yield	3.84%	-	5.21%	5.06%	5.86%	-
Payout Ratio	43.73%	43.73%	37.74%	24.26%	25.60%	20.27%
Buyback Yield / Dilution	1.34%	1.34%	1.99%	3.37%	0.83%	0.06%
Total Shareholder Return	5.18%	1.34%	7.20%	8.43%	6.69%	0.06%

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