Hikari Tsushin 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	Feb '26 Feb 9, 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	1,967,091	1,690,705	1,247,774	832,168	630,776	1,021,821
Market Cap Growth	31.83%	35.50%	49.94%	31.93%	-38.27%	22.83%
Enterprise Value	2,623,348	2,174,301	1,622,268	1,205,228	945,313	1,229,237
Last Close Price	44750.00	38052.88	27373.24	17511.01	12758.21	19770.42
PE Ratio	14.08	14.39	10.21	9.11	7.22	18.71
Forward PE	16.82	15.39	14.86	11.34	9.79	17.23
PS Ratio	2.72	2.46	2.07	1.29	1.09	1.83
PB Ratio	1.80	1.79	1.52	1.39	1.27	2.38
P/TBV Ratio	1.90	1.90	1.63	1.53	1.47	2.90
P/FCF Ratio	33.50	26.72	11.15	22.83	19.09	23.87
P/OCF Ratio	25.57	19.93	9.58	15.18	12.36	17.58
PEG Ratio	-	0.39	0.39	0.39	0.39	0.39
EV/Sales Ratio	3.63	3.17	2.70	1.87	1.64	2.20
EV/EBITDA Ratio	18.47	18.29	14.74	13.91	10.25	14.64
EV/EBIT Ratio	20.77	20.75	16.99	17.12	12.53	18.22
EV/FCF Ratio	44.67	34.36	14.50	33.06	28.61	28.72
Debt / Equity Ratio	0.90	0.99	1.00	1.21	1.23	1.20
Debt / EBITDA Ratio	8.10	7.86	7.47	8.33	6.64	6.12
Debt / FCF Ratio	16.64	14.76	7.35	19.80	18.54	12.01
Asset Turnover	0.31	0.31	0.32	0.41	0.43	0.50
Inventory Turnover	162.82	147.76	109.94	147.57	157.61	134.36
Quick Ratio	1.50	1.62	1.76	1.65	1.69	1.48
Current Ratio	1.70	1.68	1.92	1.74	1.76	1.54
Return on Equity (ROE)	14.72%	13.76%	17.46%	17.33%	19.68%	15.87%
Return on Assets (ROA)	2.79%	2.94%	3.17%	2.80%	3.48%	3.79%
Return on Invested Capital (ROIC)	5.43%	6.60%	6.77%	6.63%	9.17%	9.15%
Return on Capital Employed (ROCE)	5.00%	5.60%	5.80%	5.50%	6.90%	7.60%
Earnings Yield	7.10%	6.95%	9.79%	10.98%	13.85%	5.34%
FCF Yield	2.99%	3.74%	8.97%	4.38%	5.24%	4.19%
Dividend Yield	1.65%	1.74%	2.15%	3.11%	3.85%	2.31%
Payout Ratio	21.53%	25.72%	21.24%	26.02%	25.01%	37.16%
Buyback Yield / Dilution	0.72%	0.90%	0.93%	1.32%	1.12%	0.01%
Total Shareholder Return	2.38%	2.63%	3.08%	4.44%	4.97%	2.32%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.