TSE: 9619 - Ichinen Holdings Co., Ltd.

Yield per half year: -1.64%
Dividend yield: +4.98%
Sector: Industrials

Reporting Ichinen Holdings Co., Ltd.

Capitalization

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	LTM	5 year average	CAGR 5
Капитализация, млрд ¥								32.18
Выручка, млрд ¥	81.38	87.77	98.72	112.62	120.64	127.82	138.25	138.25
Чистая прибыль, млрд ¥	3.85	5.13	4.43	3.02	5.65	5.92	12.25	12.25
EV, млрд ¥	105.96	102.63	108.51	117.63	117.32	116.72	141.1	141.1
EBIT, млрд ¥	6.08	7.46	6.88	7.52	-86.24	-92.63	9.05	9.05
EBITDA, млрд ¥	19.62	21.52	21.8	23.73	25.81	26.35	27.15	27.15
Баланс стоимость, млрд ¥	30.14	33.8	36.92	39.71	43.67	48.37	60.46	60.46
FCF, млрд ¥	-0.439	-1.76	-2.5	0.277	2.65	0.947	3.63	3.63
Операционный денежный поток, млрд ¥	2.36	0.909	1.82	3.16	5.09	2.72	5.27	5.27
Операционная прибыль, млрд ¥	5.92	6.28	6.88	7.52	8.62	8.86	9.05	9.05
Операционные расходы, млрд ¥	13.26	13.98	15.42	17.31	18.11	18.96	20.73	20.73
CAPEX, млрд ¥	2.8	2.67	4.32	2.88	2.45	1.77	1.64	1.64

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
Выручка, млрд ¥	30.29	31.49	33.22	5 158.24	32.01	31.52	37.12	37.61	39.52	38.09
Чистая прибыль, млрд ¥	1.5	1.73	1.48	191.06	1.58	1.54	7.38	1.75	2.27	1.57
EV, млрд ¥	118.11	117.57	119.8	18 282.14	122.77	121.55	136.93	141.16	144.1	140.36
EBIT, млрд ¥	2.21	2.7	2.35	260.5	-2.24	2.3	2.09	2.36	3.44	2.75
EBITDA, млрд ¥	2.43	2.86	2.41	405.37	2.17	6.74	6.67	7.04	7.97	7.46
Баланс стоимость, млрд ¥	44.69	46.31	47.06	7 600.35	49.66	51.3	57.94	60.46	61.78	62.79
FCF, млрд ¥			8.76	8.81	8.81	8.86	9.17
Операционный денежный поток, млрд ¥		-0.463	8.76	8.81	8.81	8.86	9.17
Операционная прибыль, млрд ¥	2.21	2.7	2.31	257.2	1.92	2.32	2.3	2.51	3.35	2.75
Операционные расходы, млрд ¥	4.58	4.73	4.59	795.03	4.74	4.88	5.28	4.81	5.5	-5.89
CAPEX, млрд ¥		1.06		1.77

	5 quarters average	CAGR 5

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	LTM	5 year average	CAGR 5
Наличность, млрд ¥	1.38	2.2	2.16	11.98	11.04	10.15	8.37	8.37
Short Term Investments ¥		18.61	19.08	19.78	21.94	24.39	28.91	28.91
Total Receivables ¥		35.5	21.28	22.03	44.66	48.15	56.71	56.71
Total Current Assets ¥		47.53	59.44	68.66	71.81	76.57	95	95
Чистые активы, млрд ¥	41.74	47.53	59.44	68.66	85.93	84.62		84.62
Активы, млрд ¥	118.5	130.01	149.23	161.95	168.51	171.89	202.61	202.61
Short Term Debt ¥		21.53	25.78	37.93	28.16	33.64	33.17	33.17
Long Term Debt ¥		54.97	59.97	58.75	68.88	62.8	74.38	74.38
Задолженность, млрд ¥	88.36	96.22	112.31	122.24	124.84	123.52	141.6	141.6
Чистый долг, млрд ¥	68.94	74.31	83.6	84.7	86.01	86.29	99.18	99.18
Долг, млрд ¥	70.33	76.51	85.76	96.68	97.05	96.44	107.56	107.56
Расходы на обслуживание долга ¥		0.055	0.054	0.079	0.062	0.073	0.113	0.113
Чист. проц. доходы, млрд ¥	0.001	0.001	0.001	0.001	0.002	0.001	0.005	0.001
Амортизация, млрд ¥		14.07	14.93	16.22	112.05	118.98	18.1	18.1
Себестоимость, млрд ¥			76.41	87.79	93.91	100	108.48	108.48
Товарно материальные запасы ¥		5.54	10.64	9.22	10.48	11.96	23.43	23.43

	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
Наличность, млрд ¥			10.39	11.37	9.3	1 595.39	7.76	15.41	17.58	8.37	7.81	16.57
Short Term Investments ¥			22.4	23.41	23.81	3 831.99	27.41	28.41	28.87	28.91
Total Receivables ¥			21.26	20.51	20.69	3 298.41	20.9	48.32	55.03	56.71	59.9	54.31
Total Current Assets ¥			72.67	75.02	76.81	12 030.18	77.77	84.03	103.61	95	98.27
Чистые активы, млрд ¥	71.81	71.81	72.67	75.02	84.38	13 295.15	84.33
Активы, млрд ¥			168.81	170.59	171.49	27 006.97	173.54	179.4	209.93	202.61	205.07	207.13
Short Term Debt ¥			27.89	28.82	34.33	5 285.19	32.81	44.5	47.67	33.17	36.03	30.12
Long Term Debt ¥			71.23	70.53	64.75	9 867.27	65.05	57.79	69.1	74.38
Задолженность, млрд ¥			124.12	124.28	124.43	19 406.63	123.88	128.1	151.45	141.59	142.75	143.78
Чистый долг, млрд ¥			88.74	87.98	89.78	13 557.06	90.1	86.88	99.19	99.18	103.86	96.75
Долг, млрд ¥			99.13	99.36	99.08	15 152.46	97.86	102.29	116.77	107.56	111.68	113.31
Расходы на обслуживание долга ¥	0.018	0.016	0.016	0.018	0.02	2.99	0.018	0.015	0.028	0.052
Чист. проц. доходы, млрд ¥					0.006	1.89	15.08
Амортизация, млрд ¥			0.218	0.062	0.062	144.86	4.41	4.43	4.59	4.68	4.53	4.71
Себестоимость, млрд ¥							25.35	24.32	29.53	30.29	30.67	29.45
Товарно материальные запасы ¥			12.1	12.17	12.81	1 878.36	12.54	13.06	24.04	23.43	22.3

	5 quarters average	CAGR 5

Share

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	5 year average	CAGR 5
EPS	156.43	208.43	179.82	123.76	233.36	246.16	507.53		507.53
Цена акции ао					1245	1564	1926	1734	1734
Число акций ао, млн		24.6	24.61	24.36	24.19	24.06	24.14		24.14
FCF/акцию	-17.85	-71.63	-101.45	11.37	109.41	39.36	150.27		150.27

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
EPS	62.27	71.83	61.43	7909.61	65.66	63.82	305.79	72.37	94.1	65.89
FCF/акцию			363.5	364.56	365.57	367.26	379.96

	5 quarters average	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
ROE, %	13.52	16.04	12.52	7.87	13.54	12.87	22.52		22.52	10.48
ROA, %	3.3	4.13	3.17	1.94	3.42	3.48	6.54		6.54	5.54
ROIC, %			4.52	2.97	4.83	5			5	9.78
ROS, %			4.48	2.68	4.68	4.63	8.86	8.86	8.86	6.74
ROCE, %	8.12	8.17	6.85	7.39	-74.42	-80.87	6.5	14.83	14.83	11.28
Ebit margin, %			-71.09	-72.35	-71.48	-72.47	6.54	6.54	6.54
Рентаб EBITDA, %	24.1	24.52	22.09	21.07	21.39	20.61	19.64	19.64	19.64	14.01
Чистая рентаб, %	4.73	5.84	4.48	2.68	4.68	4.63	8.86		8.86	6.74
Operation Margin, %			6.97	6.67	7.15	6.93	6.54	6.54	6.54	8.88

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	Industry average	5 quarters average	CAGR 5
ROE, %	3.5	3.94	3.3	2.64	3.19	3.18	14.63	3.28	4.03	2.64	10.48
ROA, %	0.8882	1.02	0.8659	0.7083	0.9122	0.8727	3.79	0.8484	1.12	0.7603	5.54
ROS, %					4.95	4.89	19.88	4.65	5.75	4.11	6.74
ROCE, %	1.89	2.29	1.99	1.41	-4.51	2	1.75	1.88	2.61	1.77	11.28
Ebit margin, %						7.31	5.63	6.27	8.7	7.22
Рентаб EBITDA, %	8.02	9.09	7.25	7.86	6.77	21.37	17.98	18.71	20.15	19.59	14.01
Чистая рентаб, %	4.95	5.49	4.46	3.7	4.95	4.89	19.88	4.65	5.75	4.11	6.74
Operation Margin, %					5.98	7.35	6.2	6.68	8.46	7.22	8.88

	Industry average	5 quarters average	CAGR 5

Coefficients

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
P/E	9.62	5.52	5.63	10.92	5.54	5.14	3.42		3.42	82.92
P/BV	1.23	0.8378	0.6748	0.8295	0.7169	0.6292	0.687		0.687	68.04
P/S	0.4549	0.3226	0.2523	0.2925	0.2595	0.2381	0.3031		0.3031	67.55
P/FCF						33.98	8.87	8.87	8.87	72.83
E/P						0.184	0.3808	0.3808	0.3808	0.32
EV/EBITDA	5.4	4.77	4.98	4.96	4.55	4.43	5.2		5.2	76.41
EV/EBIT			-1.55	-1.44	-1.36	-1.26	15.6	15.6	15.6
EV/S			1.1	1.04	0.9724	0.9132	1.02	1.02	1.02	67.57
EV/FCF			-43.46	424.7	44.32	123.26	38.89	38.89	38.89	28.85
Debt/EBITDA	3.59	3.55	3.93	4.07	3.76	3.66	3.96	3.96	3.96	2.58
Netdebt/Ebitda			3.83	3.57	3.33	3.27	3.65	3.65	3.65	0.08
Debt/Ratio			0.5746	0.597	0.5759	0.5611	0.5309	0.5309	0.5309	0.16
Debt/Equity			2.32	2.43	2.22	1.99	1.78	1.27	1.27	0.45
Debt/Net Income			19.37	32.07	17.19	16.28	8.78	8.78	8.78	5.12
Бета						2.57	1.21	2.74	2.74	18.33
Индекс Альтмана						2	1.8	1.82	1.82	8.12

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2025Q1	Industry average	5 quarters average	CAGR 5
P/E	5.24	5.12	5.44	5.06	5.43	5.96	3.22	3.42	3.11	3.41		82.92
P/BV	0.6573	0.6389	0.6378	0.6217	0.6578	0.6759	0.6455	0.688	0.6457	0.6885		68.04
P/S	0.244	0.241	0.2398	0.2346	0.2521	0.2676	0.2828	0.3031	0.276	0.2897		67.55
EV/EBITDA	11.64	11.18	11.76	11.32	56.68	4.74	5.33	5.28	5.07	4.82		76.41
EV/EBIT						52.76	65.58	59.83	41.89	51.06
EV/S					3.84	3.86	3.69	3.75	3.65	3.69		67.57
EV/FCF					13.93	13.72	14.93					28.85
Debt/EBITDA	40.79	34.7	41.15	37.38	45.18	15.19	17.5	15.28	14.02	15.19		2.58
Netdebt/Ebitda					41.6	12.9	14.86	14.09	13.04	12.97		0.08
Debt/Ratio					0.5639	0.5702	0.5562	0.5309	0.5446	0.5471		0.16
Debt/Equity					1.97	1.99	2.02	1.78	1.81	1.8		0.45
Debt/Net Income					61.82	66.42	15.82	61.46	49.13	72.31		5.12
Бета											2.74	18.33
Индекс Альтмана											1.82	8.12

	Industry average	5 quarters average	CAGR 5

Dividends

IFRS

Reporting Annual Quarterly

	2016	2017	2018	2019	2020	2021	2022	2023	2024	LTM	Industry average	5 year average	CAGR 5
Див.выплата, млрд		0.91	0.934	0.983	1.12	1.04	1.15	1.32		1.32
Дивиденд	20	37	38	40	26	16.54	48	55	63	63
Див доход, ао, %	1.85	2.34	2.61	2.83	1.99	1.71	5.84	5.57	5.01	4.98	4.16
Дивиденды / прибыль, %			23.65	18.22	22.21	37.05	18.35	19.45	10.79	10.79	37.26

	2022Q3	2023Q1	Industry average	5 quarters average	CAGR 5
Див.выплата, млрд	0.55	1.15
Дивиденды / прибыль, %	31.83	94.74	37.26

	Industry average	5 quarters average	CAGR 5

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual

	2023	2024	CAGR 5
Персонал, чел	1454	2047

	CAGR 5

	CAGR 5