Harmonic Drive Systems 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	Mar '26 Mar 12, 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	398,074	300,061	378,481	417,808	406,230	720,048
Market Cap Growth	-4.54%	-20.72%	-9.41%	2.85%	-43.58%	58.31%
Enterprise Value	395,991	304,552	383,996	427,489	410,644	716,789
Last Close Price	4205.00	3148.25	3947.44	4329.21	4130.78	7289.70
PE Ratio	86.67	86.40	-	55.01	61.15	1087.69
Forward PE	93.90	73.54	140.32	254.80	45.01	137.32
PS Ratio	6.93	5.39	6.78	5.84	7.12	19.44
PB Ratio	5.13	3.80	4.77	4.02	4.11	6.54
P/TBV Ratio	6.16	4.49	5.69	6.57	6.95	11.64
P/FCF Ratio	-	113.88	48.57	207.66	78.96	87.50
P/OCF Ratio	-	39.92	29.74	38.51	41.11	75.36
PEG Ratio	4.36	1.83	1.83	1.83	1.83	1.83
EV/Sales Ratio	6.89	5.47	6.88	5.98	7.19	19.36
EV/EBITDA Ratio	51.01	37.93	36.62	21.59	24.17	86.83
EV/EBIT Ratio	265.27	43507.39	3071.97	41.81	46.99	827.70
EV/FCF Ratio	-	115.58	49.27	212.47	79.81	87.11
Debt / Equity Ratio	0.24	0.26	0.30	0.26	0.21	0.09
Debt / EBITDA Ratio	-	2.58	2.27	1.38	1.23	1.15
Debt / FCF Ratio	-	7.87	3.06	13.60	4.06	1.15
Net Debt / Equity Ratio	-0.03	-0.05	0.04	0.06	0.01	-0.11
Net Debt / EBITDA Ratio	-0.27	-0.52	0.33	0.33	0.06	-1.41
Net Debt / FCF Ratio	-	-1.60	0.44	3.26	0.19	-1.42
Asset Turnover	0.51	0.48	0.41	0.48	0.40	0.27
Inventory Turnover	3.19	3.25	3.20	4.18	4.55	4.22
Quick Ratio	2.74	2.74	2.74	2.33	2.51	3.89
Current Ratio	3.94	3.83	4.05	3.17	3.25	4.79
Return on Equity (ROE)	5.91%	4.39%	-27.06%	7.49%	6.43%	0.51%
Return on Assets (ROA)	0.85%	0.00%	0.06%	4.29%	3.86%	0.40%
Return on Invested Capital (ROIC)	2.06%	0.01%	0.13%	7.24%	6.57%	0.48%
Return on Capital Employed (ROCE)	1.60%	0.00%	0.10%	7.40%	6.80%	0.70%
Earnings Yield	1.15%	1.16%	-6.55%	1.82%	1.64%	0.09%
FCF Yield	-	0.88%	2.06%	0.48%	1.27%	1.14%
Dividend Yield	0.48%	0.64%	0.51%	0.65%	0.51%	0.27%
Payout Ratio	-	55.00%	-	27.72%	29.01%	290.94%
Buyback Yield / Dilution	0.33%	0.07%	0.30%	0.96%	0.00%	0.00%
Total Shareholder Return	0.81%	0.71%	0.81%	1.61%	0.51%	0.27%

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