Starts Corporation 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 26, 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	237,729	194,964	169,376	126,300	119,131	152,967
Market Cap Growth	17.74%	15.11%	34.11%	6.02%	-22.12%	45.02%
Enterprise Value	223,769	170,005	167,480	121,619	128,823	159,602
Last Close Price	4935.00	3876.22	3263.07	2351.68	2139.28	2517.66
PE Ratio	9.96	8.03	7.67	6.25	7.10	9.81
Forward PE	8.85	7.69	7.40	6.39	6.95	11.20
PS Ratio	0.96	0.84	0.73	0.54	0.61	0.77
PB Ratio	1.25	1.09	1.02	0.87	0.93	1.25
P/TBV Ratio	1.32	1.15	1.08	0.91	0.97	1.30
P/FCF Ratio	69.51	10.53	17.44	5.03	14.65	8.30
P/OCF Ratio	20.09	7.52	6.58	3.70	4.78	5.61
PEG Ratio	-	0.97	0.97	0.97	0.97	0.97
EV/Sales Ratio	0.91	0.73	0.72	0.52	0.66	0.80
EV/EBITDA Ratio	5.32	4.32	4.58	3.62	4.41	5.97
EV/EBIT Ratio	6.39	5.21	5.50	4.33	5.35	7.25
EV/FCF Ratio	65.43	9.18	17.25	4.84	15.85	8.66
Debt / Equity Ratio	0.37	0.39	0.44	0.45	0.59	0.57
Debt / EBITDA Ratio	-	1.77	2.01	1.96	2.56	2.61
Debt / FCF Ratio	20.29	3.76	7.56	2.61	9.20	3.79
Net Debt / Equity Ratio	-0.09	-0.16	-0.12	-0.13	0.00	-0.02
Net Debt / EBITDA Ratio	-0.42	-0.75	-0.56	-0.58	0.01	-0.11
Net Debt / FCF Ratio	-5.17	-1.59	-2.12	-0.78	0.05	-0.16
Asset Turnover	0.74	0.71	0.76	0.83	0.74	0.79
Inventory Turnover	4.90	6.33	10.18	9.65	6.10	5.29
Quick Ratio	1.13	1.16	1.14	1.05	1.03	1.13
Current Ratio	1.71	1.65	1.58	1.39	1.43	1.56
Return on Equity (ROE)	13.30%	14.50%	14.57%	15.05%	13.56%	13.70%
Return on Assets (ROA)	6.55%	6.20%	6.17%	6.20%	5.66%	5.43%
Return on Invested Capital (ROIC)	21.17%	15.37%	15.31%	15.04%	12.88%	12.63%
Return on Capital Employed (ROCE)	14.20%	13.70%	13.20%	14.00%	12.60%	12.00%
Earnings Yield	10.05%	12.45%	13.05%	16.01%	14.08%	10.20%
FCF Yield	1.44%	9.50%	5.73%	19.89%	6.82%	12.04%
Dividend Yield	2.65%	3.10%	3.06%	3.96%	3.41%	2.46%
Payout Ratio	-	22.48%	22.41%	20.35%	19.76%	20.23%
Buyback Yield / Dilution	3.02%	0.70%	-0.01%	1.44%	4.30%	-0.09%
Total Shareholder Return	5.69%	3.80%	3.06%	5.39%	7.71%	2.37%

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