Tokai Kisen 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 4, 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	6,617	7,089	6,154	5,476	5,223	5,171
Market Cap Growth	8.18%	15.19%	12.38%	4.83%	1.01%	2.39%
Enterprise Value	14,648	14,803	14,530	14,528	14,332	16,040
Last Close Price	3015.00	3230.00	2795.62	2478.94	2364.68	2340.83
PE Ratio	17.98	19.26	21.00	-	29.02	-
PS Ratio	0.46	0.50	0.42	0.42	0.38	0.48
PB Ratio	0.96	1.02	0.97	0.93	0.82	0.85
P/TBV Ratio	1.28	1.37	1.31	1.27	1.09	1.13
P/FCF Ratio	17.50	18.75	4.22	288.20	3.15	4.95
P/OCF Ratio	9.66	10.35	2.76	14.11	2.45	3.41
EV/Sales Ratio	1.03	1.04	1.00	1.10	1.03	1.48
EV/EBITDA Ratio	8.42	8.51	7.69	20.75	8.00	11.71
EV/EBIT Ratio	27.95	28.25	24.80	-	31.36	79.80
EV/FCF Ratio	38.75	39.16	9.95	764.62	8.65	15.35
Debt / Equity Ratio	1.48	1.48	1.87	2.18	2.14	2.33
Debt / EBITDA Ratio	5.90	5.90	6.29	18.30	7.57	10.39
Debt / FCF Ratio	27.16	27.16	8.15	674.05	8.18	13.63
Net Debt / Equity Ratio	0.92	0.92	1.07	1.44	1.37	1.70
Net Debt / EBITDA Ratio	3.67	3.67	3.59	12.07	4.85	7.57
Net Debt / FCF Ratio	16.89	16.89	4.65	444.84	5.25	9.92
Asset Turnover	0.66	0.66	0.65	0.57	0.59	0.48
Inventory Turnover	12.61	12.61	13.99	15.14	16.85	15.87
Quick Ratio	1.11	1.11	1.08	1.09	1.24	1.34
Current Ratio	1.36	1.36	1.27	1.29	1.41	1.53
Return on Equity (ROE)	6.46%	6.46%	6.61%	-9.07%	3.79%	0.75%
Return on Assets (ROA)	1.51%	1.51%	1.63%	-1.69%	1.20%	0.56%
Return on Invested Capital (ROIC)	2.87%	2.83%	3.12%	-4.26%	2.36%	0.21%
Return on Capital Employed (ROCE)	3.40%	3.40%	3.60%	-3.70%	2.50%	1.00%
Earnings Yield	5.56%	5.19%	4.76%	-10.59%	3.45%	-1.51%
FCF Yield	5.71%	5.33%	23.72%	0.35%	31.70%	20.21%
Dividend Yield	0.32%	-	0.36%	-	-	-
Payout Ratio	5.71%	5.71%	-	-	-	-
Buyback Yield / Dilution	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%
Total Shareholder Return	0.33%	0.00%	0.36%	-	0.01%	-

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