Noritz 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	106,909	90,392	76,993	69,701	66,370	77,189
Market Cap Growth	36.80%	17.40%	10.46%	5.02%	-14.02%	4.74%
Enterprise Value	92,742	75,684	56,020	49,891	37,024	38,325
Last Close Price	2338.00	1995.00	1602.86	1396.59	1293.35	1449.65
PE Ratio	31.83	26.92	17.57	80.30	13.83	14.09
Forward PE	36.53	32.36	23.47	15.72	12.35	13.97
PS Ratio	0.53	0.45	0.38	0.35	0.32	0.43
PB Ratio	0.74	0.62	0.56	0.55	0.56	0.66
P/TBV Ratio	0.83	0.70	0.63	0.62	0.63	0.75
P/FCF Ratio	28.48	24.08	48.00	-	-	6.53
P/OCF Ratio	10.73	9.07	8.93	-	27.62	5.00
PEG Ratio	-	39.93	39.93	39.93	39.93	39.93
EV/Sales Ratio	0.46	0.38	0.28	0.25	0.18	0.22
EV/EBITDA Ratio	7.58	6.15	5.42	4.30	2.69	4.31
EV/EBIT Ratio	21.92	17.60	23.37	12.99	5.37	15.33
EV/FCF Ratio	24.70	20.16	34.92	-	-	3.24
Debt / Equity Ratio	0.04	0.04	0.03	0.02	0.02	0.01
Debt / EBITDA Ratio	0.51	0.51	0.37	0.22	0.15	0.10
Debt / FCF Ratio	1.67	1.67	2.36	-	-	0.07
Net Debt / Equity Ratio	-0.13	-0.13	-0.18	-0.19	-0.28	-0.37
Net Debt / EBITDA Ratio	-1.57	-1.57	-2.44	-2.04	-2.48	-4.80
Net Debt / FCF Ratio	-5.14	-5.14	-15.73	2.46	16.79	-3.61
Asset Turnover	0.88	0.88	0.94	0.95	1.02	0.93
Inventory Turnover	4.32	4.32	4.21	4.18	5.30	6.12
Quick Ratio	1.19	1.19	1.25	1.21	1.17	1.43
Current Ratio	1.75	1.75	1.84	1.82	1.65	1.91
Return on Equity (ROE)	2.56%	2.56%	3.49%	0.96%	4.28%	5.02%
Return on Assets (ROA)	1.17%	1.17%	0.69%	1.13%	2.09%	0.81%
Return on Invested Capital (ROIC)	2.35%	2.36%	1.44%	1.59%	5.69%	2.07%
Return on Capital Employed (ROCE)	2.60%	2.60%	1.50%	2.70%	5.00%	1.80%
Earnings Yield	3.14%	3.72%	5.69%	1.24%	7.23%	7.10%
FCF Yield	3.51%	4.15%	2.08%	-13.76%	-3.06%	15.31%
Dividend Yield	4.02%	-	4.30%	3.79%	4.10%	5.73%
Payout Ratio	97.65%	97.65%	57.17%	318.09%	72.75%	42.74%
Buyback Yield / Dilution	1.17%	1.17%	-0.17%	-0.51%	0.36%	0.86%
Total Shareholder Return	5.17%	1.17%	4.14%	3.28%	4.46%	6.58%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.