Noritake Ratios and Metrics

Market cap in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 11, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Market Capitalization	178,186	99,217	124,364	66,248	64,375	51,244
Market Cap Growth	71.48%	-20.22%	87.73%	2.91%	25.62%	3.38%
Enterprise Value	177,670	90,834	115,265	68,371	60,727	51,883
Last Close Price	6480.00	3441.91	4071.89	2104.87	1949.47	1504.01
PE Ratio	14.64	7.67	10.83	6.61	7.10	18.26
Forward PE	13.37	7.63	9.83	6.81	7.07	13.65
PS Ratio	1.30	0.72	0.90	0.48	0.50	0.48
PB Ratio	1.11	0.66	0.84	0.51	0.54	0.45
P/TBV Ratio	1.13	0.67	0.86	0.53	0.55	0.47
P/FCF Ratio	-	-	7.44	-	8.03	-
P/OCF Ratio	-	49.24	5.64	-	5.02	8.68
EV/Sales Ratio	1.29	0.66	0.84	0.49	0.48	0.49
EV/EBITDA Ratio	10.30	5.92	7.43	4.97	4.32	7.07
EV/EBIT Ratio	14.95	8.89	10.76	7.62	6.49	20.28
EV/FCF Ratio	-	-	6.89	-	7.58	-
Debt / Equity Ratio	0.13	0.07	0.03	0.11	0.06	0.07
Debt / EBITDA Ratio	1.37	0.65	0.24	0.99	0.51	1.14
Debt / FCF Ratio	-	-	0.22	-	0.90	-
Net Debt / Equity Ratio	-0.01	-0.04	-0.12	-0.01	-0.06	-0.03
Net Debt / EBITDA Ratio	-0.10	-0.44	-1.14	-0.08	-0.50	-0.53
Net Debt / FCF Ratio	-	1.40	-1.06	0.19	-0.87	7.38
Asset Turnover	0.64	0.69	0.72	0.81	0.80	0.71
Inventory Turnover	2.66	2.77	3.06	3.95	4.26	3.75
Quick Ratio	1.16	1.38	1.39	1.33	1.35	1.44
Current Ratio	2.01	2.44	2.32	2.10	2.09	2.18
Return on Equity (ROE)	7.97%	8.68%	8.32%	8.11%	7.80%	2.62%
Return on Assets (ROA)	2.92%	3.19%	3.50%	3.26%	3.67%	1.06%
Return on Invested Capital (ROIC)	4.64%	5.58%	6.21%	5.98%	6.67%	1.70%
Return on Capital Employed (ROCE)	5.70%	6.30%	6.70%	6.50%	7.30%	2.00%
Earnings Yield	6.97%	13.04%	9.23%	15.13%	14.09%	5.48%
FCF Yield	-	-4.83%	13.45%	-8.41%	12.45%	-1.03%
Dividend Yield	2.47%	3.92%	3.07%	4.87%	3.85%	1.99%
Payout Ratio	36.14%	29.46%	30.11%	24.90%	16.14%	41.77%
Buyback Yield / Dilution	2.85%	0.76%	-0.31%	0.01%	-0.04%	-0.20%
Total Shareholder Return	5.31%	4.68%	2.76%	4.88%	3.81%	1.79%

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