Hikari Tsushin, Inc. (TYO:9435)

Hikari Tsushin Ratios and Metrics

Market cap in millions JPY. Fiscal year is April - March.

Total Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	1,602,616	1,742,610	1,690,705	1,247,774	832,168	630,776
Market Cap Growth	-11.65%	3.07%	35.50%	49.94%	31.93%	-38.27%
Enterprise Value	2,308,324	2,414,192	2,174,301	1,622,268	1,205,228	945,313
Last Close Price	36630.00	39303.93	37452.06	26941.04	17234.53	12556.77

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	10.08	11.54	14.39	10.21	9.11	7.22
Forward PE	12.82	14.70	15.39	14.86	11.34	9.79
PS Ratio	2.11	2.37	2.46	2.07	1.29	1.09
PB Ratio	1.25	1.43	1.79	1.52	1.39	1.27
P/TBV Ratio	1.31	1.50	1.90	1.63	1.53	1.47
P/FCF Ratio	226.84	46.26	26.72	11.15	22.83	19.09
P/OCF Ratio	65.26	30.53	19.93	9.58	15.18	12.36
PEG Ratio	-	1.27	1.27	1.27	1.27	1.25

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	3.04	3.29	3.17	2.70	1.87	1.64
EV/EBITDA Ratio	14.07	18.64	18.29	14.74	13.91	10.25
EV/EBIT Ratio	15.65	21.36	20.75	16.99	17.12	12.53
EV/FCF Ratio	326.73	64.08	34.36	14.50	33.06	28.61

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Debt / Equity Ratio	0.86	0.89	0.99	1.00	1.21	1.23
Debt / EBITDA Ratio	8.21	8.41	7.86	7.47	8.33	6.64
Debt / FCF Ratio	156.78	28.89	14.76	7.35	19.80	18.54
Net Debt / Equity Ratio	0.53	0.45	0.49	0.40	0.56	0.55
Net Debt / EBITDA Ratio	4.99	4.24	3.90	2.98	3.84	2.98
Net Debt / FCF Ratio	95.41	14.56	7.33	2.93	9.12	8.31
Asset Turnover	0.29	0.28	0.31	0.32	0.41	0.43
Inventory Turnover	183.83	178.93	147.76	109.94	147.57	157.61
Quick Ratio	1.87	1.99	1.62	1.76	1.65	1.69
Current Ratio	2.11	2.11	1.68	1.92	1.74	1.76
Return on Equity (ROE)	14.49%	14.46%	13.76%	17.46%	17.33%	19.68%
Return on Assets (ROA)	2.83%	2.70%	2.94%	3.17%	2.80%	3.48%
Return on Invested Capital (ROIC)	4.90%	5.59%	6.60%	6.77%	6.63%	9.17%
Return on Capital Employed (ROCE)	4.90%	4.80%	5.60%	5.80%	5.50%	6.90%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	9.95%	8.67%	6.95%	9.79%	10.98%	13.85%
FCF Yield	0.44%	2.16%	3.74%	8.97%	4.38%	5.24%
Dividend Yield	2.20%	1.91%	1.76%	2.18%	3.16%	3.91%
Payout Ratio	21.60%	21.28%	25.72%	21.24%	26.02%	25.01%
Buyback Yield / Dilution	0.19%	0.27%	0.90%	0.93%	1.32%	1.12%
Total Shareholder Return	2.40%	2.18%	2.66%	3.11%	4.49%	5.03%

Data Source: S&P Global Market Intelligence Last updated: Aug 13, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 29, 2026

Data Sources Report a data error