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	Mar '26 Mar 3, 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	1,908,503	1,690,705	1,247,774	832,168	630,776	1,021,821
Market Cap Growth	22.79%	35.50%	49.94%	31.93%	-38.27%	22.83%
Enterprise Value	2,580,085	2,174,301	1,622,268	1,205,228	945,313	1,229,237
Last Close Price	43530.00	38048.55	27370.13	17509.02	12756.76	19768.17
PE Ratio	15.01	14.39	10.21	9.11	7.22	18.71
Forward PE	16.11	15.39	14.86	11.34	9.79	17.23
PS Ratio	2.61	2.46	2.07	1.29	1.09	1.83
PB Ratio	1.64	1.79	1.52	1.39	1.27	2.38
P/TBV Ratio	1.72	1.90	1.63	1.53	1.47	2.90
P/FCF Ratio	38.21	26.72	11.15	22.83	19.09	23.87
P/OCF Ratio	28.96	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	3.53	3.17	2.70	1.87	1.64	2.20
EV/EBITDA Ratio	17.38	18.29	14.74	13.91	10.25	14.64
EV/EBIT Ratio	19.48	20.75	16.99	17.12	12.53	18.22
EV/FCF Ratio	51.65	34.36	14.50	33.06	28.61	28.72
Debt / Equity Ratio	0.89	0.99	1.00	1.21	1.23	1.20
Debt / EBITDA Ratio	8.37	7.86	7.47	8.33	6.64	6.12
Debt / FCF Ratio	20.61	14.76	7.35	19.80	18.54	12.01
Net Debt / Equity Ratio	0.55	0.49	0.40	0.56	0.55	0.44
Net Debt / EBITDA Ratio	5.21	3.90	2.98	3.84	2.98	2.26
Net Debt / FCF Ratio	12.83	7.33	2.93	9.12	8.31	4.43
Asset Turnover	0.29	0.31	0.32	0.41	0.43	0.50
Inventory Turnover	149.23	147.76	109.94	147.57	157.61	134.36
Quick Ratio	1.58	1.62	1.76	1.65	1.69	1.48
Current Ratio	1.74	1.68	1.92	1.74	1.76	1.54
Return on Equity (ROE)	12.52%	13.76%	17.46%	17.33%	19.68%	15.87%
Return on Assets (ROA)	2.67%	2.94%	3.17%	2.80%	3.48%	3.79%
Return on Invested Capital (ROIC)	4.92%	6.60%	6.77%	6.63%	9.17%	9.15%
Return on Capital Employed (ROCE)	4.80%	5.60%	5.80%	5.50%	6.90%	7.60%
Earnings Yield	6.67%	6.95%	9.79%	10.98%	13.85%	5.34%
FCF Yield	2.62%	3.74%	8.97%	4.38%	5.24%	4.19%
Dividend Yield	1.73%	1.74%	2.15%	3.11%	3.85%	2.31%
Payout Ratio	24.43%	25.72%	21.24%	26.02%	25.01%	37.16%
Buyback Yield / Dilution	-0.07%	0.90%	0.93%	1.32%	1.12%	0.01%
Total Shareholder Return	1.66%	2.63%	3.08%	4.44%	4.97%	2.32%

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