Belluna 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 12, 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	93,933	91,031	59,953	67,877	70,194	125,481
Market Cap Growth	22.48%	51.84%	-11.67%	-3.30%	-44.06%	169.90%
Enterprise Value	209,393	188,979	149,864	138,456	121,010	169,311
Last Close Price	976.00	932.78	590.01	647.65	650.58	1135.05
PE Ratio	8.39	10.35	10.27	9.15	6.88	11.37
Forward PE	-	7.63	7.63	6.75	7.53	10.99
PS Ratio	0.43	0.43	0.29	0.32	0.32	0.61
PB Ratio	0.64	0.64	0.44	0.54	0.59	1.11
P/TBV Ratio	0.69	0.70	0.48	0.59	0.65	1.23
P/FCF Ratio	-	-	-	-	-	9.69
P/OCF Ratio	-	9.40	4.70	8.24	9.81	6.04
EV/Sales Ratio	0.97	0.90	0.72	0.65	0.55	0.82
EV/EBITDA Ratio	9.51	10.39	9.55	8.79	6.66	8.59
EV/EBIT Ratio	13.60	15.93	15.35	12.37	8.76	10.78
EV/FCF Ratio	-	-	-	-	-	13.08
Debt / Equity Ratio	1.03	0.92	0.88	0.88	0.71	0.65
Debt / EBITDA Ratio	6.88	7.16	7.61	7.07	4.64	3.72
Debt / FCF Ratio	-	-	-	-	-	5.67
Asset Turnover	0.65	0.69	0.71	0.79	0.89	0.89
Inventory Turnover	2.17	2.27	2.20	2.25	2.43	2.41
Quick Ratio	1.43	1.30	1.32	1.10	1.02	1.21
Current Ratio	2.30	2.13	2.19	1.90	1.82	2.08
Return on Equity (ROE)	7.77%	6.36%	4.35%	6.08%	8.84%	10.21%
Return on Assets (ROA)	2.89%	2.42%	2.08%	2.59%	3.49%	4.24%
Return on Invested Capital (ROIC)	4.01%	3.48%	2.69%	3.67%	5.61%	6.23%
Return on Capital Employed (ROCE)	5.40%	4.70%	4.00%	5.10%	7.30%	8.50%
Earnings Yield	11.92%	9.66%	9.74%	10.93%	14.54%	8.79%
FCF Yield	-	-5.87%	-4.81%	-29.37%	-12.32%	10.32%
Dividend Yield	3.07%	3.11%	3.48%	3.09%	2.92%	1.45%
Payout Ratio	-	27.12%	33.53%	25.41%	17.05%	14.01%
Buyback Yield / Dilution	0.31%	0.30%	-0.01%	-0.01%	-0.01%	0.04%
Total Shareholder Return	3.40%	3.40%	3.47%	3.08%	2.91%	1.49%

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