Tsugami 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	Apr '26 Apr 20, 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	216,404	86,471	54,679	69,083	64,375	84,638
Market Cap Growth	138.47%	58.14%	-20.85%	7.32%	-23.94%	116.35%
Enterprise Value	212,181	89,866	55,109	76,315	65,997	85,158
Last Close Price	4645.00	1773.83	1082.89	1296.88	1160.45	1413.15
PE Ratio	14.56	7.93	10.17	8.98	6.79	17.21
Forward PE	-	7.34	7.34	8.02	6.51	15.40
PS Ratio	1.71	0.81	0.65	0.73	0.69	1.37
PB Ratio	2.21	1.03	0.76	1.06	1.11	1.81
P/TBV Ratio	2.93	1.38	0.97	1.37	1.44	2.28
P/FCF Ratio	9.51	12.66	5.78	9.65	19.15	18.92
P/OCF Ratio	8.88	9.77	4.60	8.32	10.23	12.48
PEG Ratio	-	0.50	0.50	0.50	0.50	0.50
EV/Sales Ratio	1.68	0.84	0.66	0.80	0.71	1.38
EV/EBITDA Ratio	5.97	3.69	3.94	4.28	3.03	8.08
EV/EBIT Ratio	6.40	4.06	4.62	4.83	3.31	9.43
EV/FCF Ratio	9.32	13.16	5.82	10.66	19.64	19.04
Debt / Equity Ratio	0.12	0.14	0.24	0.28	0.24	0.21
Debt / EBITDA Ratio	0.32	0.49	1.23	1.01	0.62	0.94
Debt / FCF Ratio	0.50	1.74	1.82	2.52	4.04	2.22
Net Debt / Equity Ratio	-0.29	-0.19	-0.18	-0.12	-0.09	-0.16
Net Debt / EBITDA Ratio	-0.79	-0.65	-0.95	-0.43	-0.24	-0.69
Net Debt / FCF Ratio	-1.24	-2.32	-1.40	-1.08	-1.56	-1.63
Asset Turnover	0.94	0.88	0.73	0.88	1.02	0.87
Inventory Turnover	2.28	2.17	1.69	1.92	2.44	2.27
Quick Ratio	2.07	1.82	1.49	1.18	1.14	1.28
Current Ratio	2.91	2.68	2.32	2.07	1.91	1.99
Return on Equity (ROE)	24.91%	20.68%	11.92%	17.67%	24.11%	15.45%
Return on Assets (ROA)	14.76%	11.30%	6.48%	9.14%	13.62%	8.00%
Return on Invested Capital (ROIC)	32.61%	23.75%	12.17%	18.96%	29.11%	16.48%
Return on Capital Employed (ROCE)	31.80%	24.90%	15.40%	23.00%	32.80%	18.40%
Earnings Yield	6.95%	12.61%	9.83%	11.14%	14.74%	5.81%
FCF Yield	10.52%	7.90%	17.31%	10.36%	5.22%	5.29%
Dividend Yield	1.62%	3.33%	4.43%	3.55%	3.45%	1.84%
Payout Ratio	21.30%	22.27%	42.97%	27.68%	16.86%	25.26%
Buyback Yield / Dilution	1.42%	1.48%	1.01%	3.03%	4.53%	0.35%
Total Shareholder Return	3.04%	4.81%	5.45%	6.58%	7.97%	2.19%

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