Japan Investment Adviser 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	May '26 May 12, 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	127,807	123,393	69,131	40,220	35,202	39,226
Market Cap Growth	34.70%	78.49%	71.88%	14.26%	-10.26%	-1.60%
Enterprise Value	210,715	219,004	167,988	166,063	104,901	70,397
Last Close Price	2111.00	2038.00	1091.08	1242.89	1062.66	1155.35
PE Ratio	10.08	11.71	8.58	17.05	7.98	13.43
Forward PE	9.91	7.97	7.41	11.00	8.00	10.71
PS Ratio	3.08	3.19	2.22	1.84	1.95	2.78
PB Ratio	1.52	1.53	1.02	0.82	0.75	0.94
P/TBV Ratio	1.66	1.68	1.04	0.84	0.78	0.95
P/FCF Ratio	-	-	-	-	-	1.63
P/OCF Ratio	-	-	-	-	-	1.62
EV/Sales Ratio	5.08	5.65	5.40	7.61	5.81	4.99
EV/EBITDA Ratio	10.03	11.39	13.41	28.10	57.39	16.32
EV/EBIT Ratio	10.19	11.60	13.87	30.23	80.76	18.65
EV/FCF Ratio	-	-	-	-	-	2.92
Debt / Equity Ratio	1.71	2.23	2.23	2.86	2.48	1.31
Debt / EBITDA Ratio	6.70	9.34	12.03	23.60	63.55	12.69
Debt / FCF Ratio	-	-	-	-	-	2.27
Net Debt / Equity Ratio	0.90	1.37	1.47	2.28	2.04	1.02
Net Debt / EBITDA Ratio	3.54	5.75	7.92	18.82	52.11	9.84
Net Debt / FCF Ratio	-	-12.76	-9.17	-6.13	-1.94	1.76
Asset Turnover	0.17	0.14	0.14	0.11	0.13	0.13
Inventory Turnover	1.63	1.23	0.82	0.67	1.05	0.59
Quick Ratio	0.60	1.17	1.21	0.88	0.69	0.87
Current Ratio	1.53	1.37	1.38	1.19	1.28	1.59
Return on Equity (ROE)	16.03%	14.53%	13.69%	4.81%	9.97%	7.41%
Return on Assets (ROA)	5.33%	4.38%	3.31%	1.77%	0.58%	2.21%
Return on Invested Capital (ROIC)	8.01%	6.88%	5.09%	2.29%	0.81%	2.80%
Return on Capital Employed (ROCE)	21.20%	19.60%	14.30%	8.80%	1.90%	7.10%
Earnings Yield	9.92%	8.54%	11.65%	5.87%	12.53%	7.45%
FCF Yield	-	-7.02%	-15.64%	-45.14%	-139.40%	61.42%
Dividend Yield	5.05%	4.27%	2.48%	2.57%	3.01%	2.77%
Payout Ratio	-	33.30%	15.02%	40.91%	21.89%	32.93%
Buyback Yield / Dilution	-0.09%	-0.10%	-100.22%	-0.06%	-0.03%	-0.08%
Total Shareholder Return	4.96%	4.17%	-97.75%	2.52%	2.98%	2.69%

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