Page: Company Financials
Watanabe Sato Co., Ltd.
$1,928.00
+13.00 (0.68%)
As of: 2026-01-23
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Stock Price | 1,684.67 | 1,748.75 | 1,333.00 | 1,201.75 |
| Market Capitalization | 10,495.62M | 10,880.49M | 8,163.42M | 7,324.06M |
| (-) Cash & Equivalents | 4,969.31M | 5,939.99M | 6,936.10M | 6,520.42M |
| (+) Total Debt | 1,243.43M | 316.97M | 89.10M | 108.24M |
| Enterprise Value | 6,769.74M | 5,257.47M | 1,316.41M | 911.88M |
Income Statement
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39,447M | 38,426M | 40,423M | 38,400M | 34,657M | 37,452M | 39,919M | 36,861M |
| Cost of Revenue | 35,790M | 34,886M | 36,966M | 34,344M | 31,892M | 32,894M | 35,204M | 33,532M |
| Gross Profit | 3,657M | 3,540M | 3,457M | 4,056M | 2,765M | 4,558M | 4,715M | 3,329M |
| Gross Profit Margin | 9.3% | 9.2% | 8.6% | 10.6% | 8.0% | 12.2% | 11.8% | 9.0% |
| R&D Expenses | 58M | 30M | 59M | 61M | 61M | 58M | 39M | 42M |
| SG&A Expenses | 2,359M | 2,402M | 2,280M | 2,321M | 2,088M | 2,010M | 1,962M | 1,841M |
| Operating Expenses | 2,373M | 2,434M | 2,280M | 2,405M | 2,149M | 2,068M | 2,020M | 1,767M |
| Operating Income (EBIT) | 1,284M | 1,106M | 1,177M | 1,651M | 616M | 2,490M | 2,695M | 1,562M |
| Operating Income Margin | 3.3% | 2.9% | 2.9% | 4.3% | 1.8% | 6.6% | 6.8% | 4.2% |
| Interest Income | 3M | 1M | 2M | 1M | 1M | 1M | 1M | 3M |
| Interest Expense | 18M | 10M | 16M | 10M | 7M | 11M | 28M | 26M |
| Net Interest Income | -15M | -9M | -14M | -9M | -6M | -10M | -27M | -22M |
| Unusual Items | 342M | 132M | 157M | 137M | 120M | 53M | 63M | 21M |
| EBT Excluding Unusual Items | 1,270M | 1,097M | 1,163M | 1,641M | 610M | 2,480M | 2,668M | 1,540M |
| Pre-Tax Income | 1,612M | 1,229M | 1,320M | 1,779M | 730M | 2,533M | 2,730M | 1,561M |
| Pre-Tax Margin | 4.1% | 3.2% | 3.3% | 4.6% | 2.1% | 6.8% | 6.8% | 4.2% |
| Income Tax Expense | 446M | 431M | 425M | 574M | 282M | 802M | 879M | 506M |
| Net Income | 1,162M | 797M | 892M | 1,203M | 447M | 1,728M | 1,845M | 1,044M |
| Net Income Margin | 2.9% | 2.1% | 2.2% | 3.1% | 1.3% | 4.6% | 4.6% | 2.8% |
| Depreciation & Amortization | 614M | 662M | 646M | 663M | 569M | 560M | 571M | 622M |
| EBITDA | 1,898M | 1,768M | 1,824M | 2,314M | 1,185M | 3,050M | 3,266M | 2,184M |
| EBITDA Margin | 4.8% | 4.6% | 4.5% | 6.0% | 3.4% | 8.1% | 8.2% | 5.9% |
| NOPAT | 929M | 719M | 798M | 1,118M | 379M | 1,702M | 1,827M | 1,056M |
| NOPAT Margin | 2.4% | 1.9% | 2.0% | 2.9% | 1.1% | 4.5% | 4.6% | 2.9% |
| Owner's Earnings | 1,776M | 1,459M | 1,012M | 1,413M | 557M | 1,612M | 2,111M | 1,161M |
| Owner's Earnings Margin | 4.5% | 3.8% | 2.5% | 3.7% | 1.6% | 4.3% | 5.3% | 3.1% |
| EPS (Basic) | 186.62 | 128.82 | 143.21 | 195.45 | 73.23 | 297.11 | 295.33 | 163.64 |
| EPS (Diluted) | 186.58 | 128.38 | 143.21 | 195.55 | 73.34 | 297.17 | 295.41 | 163.64 |
| Shares (Basic) | 6M | 6M | 6M | 6M | 6M | 6M | 6M | 6M |
| Shares (Diluted) | 6M | 6M | 6M | 6M | 6M | 6M | 6M | 6M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 4,548.04M | 5,329.39M | 5,030.51M | 7,622.97M | 4,801.97M | 5,999.75M | 4,194.67M | 3,846.71M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 4,548.04M | 5,329.39M | 5,030.51M | 7,622.97M | 4,801.97M | 5,999.75M | 4,194.67M | 3,846.71M |
| Net Receivables | 9,612.09M | 8,650.49M | 14,743.63M | 12,140.05M | 12,351.44M | 12,207.45M | 13,928.19M | 13,307.57M |
| Inventory | 2,114.43M | 1,796.01M | 1,066.98M | 974.02M | 939.11M | 960.04M | 949.09M | 959.47M |
| Other Current Assets | 345.19M | 230.07M | 208.70M | 200.05M | 160.12M | 142.47M | 309.75M | 296.52M |
| Total Current Assets | 16,619.76M | 16,005.97M | 21,049.82M | 20,937.09M | 18,252.64M | 19,309.70M | 19,381.70M | 18,410.26M |
| Property, Plant & Equipment | 9,722.54M | 9,724.48M | 9,811.75M | 9,795.98M | 10,028.73M | 9,980.43M | 9,846.36M | 10,139.59M |
| Goodwill | 95.95M | 105.55M | 115.14M | 153.53M | 191.91M | 0.00M | 0.56M | 0.00M |
| Intangible Assets | 132.41M | 143.80M | 156.44M | 193.53M | 238.66M | 83.07M | 72.00M | 47.00M |
| Long-Term Investments | 4,401.56M | 4,057.74M | 3,916.79M | 3,491.87M | 2,713.37M | 2,379.83M | 2,187.99M | 2,053.71M |
| Tax Assets | 170.28M | 284.78M | 290.10M | 429.64M | 779.77M | 817.27M | 818.34M | 889.41M |
| Other Non-Current Assets | 75.49M | 83.63M | 92.22M | 130.74M | 71.75M | 62.59M | 71.64M | 59.04M |
| Other Assets | 0.01M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 14,598.23M | 14,399.97M | 14,382.44M | 14,195.29M | 14,024.17M | 13,323.20M | 12,996.89M | 13,188.75M |
| Total Assets | 31,217.98M | 30,405.94M | 35,432.26M | 35,132.38M | 32,276.81M | 32,632.90M | 32,378.59M | 31,599.01M |
| Accounts Payable | 4,114.84M | 4,374.39M | 6,007.51M | 7,888.01M | 7,262.25M | 7,953.02M | 8,009.43M | 8,157.12M |
| Short-Term Debt | 803.23M | 0.00M | 2,800.00M | 40.87M | 119.43M | 81.40M | 108.02M | 1,035.31M |
| Tax Payables | 79.37M | 0.00M | 0.00M | 664.63M | 270.16M | 444.11M | 1,198.40M | 468.87M |
| Deferred Revenue | 0.00M | 710.91M | 675.91M | 792.53M | 1,245.88M | 1,493.43M | 2,316.96M | 854.82M |
| Other Current Liabilities | 1,420.16M | 587.71M | 759.04M | 1,073.48M | -80.51M | -350.69M | -756.10M | 814.95M |
| Total Current Liabilities | 6,417.60M | 5,673.01M | 10,242.46M | 10,459.53M | 8,817.20M | 9,621.28M | 10,876.71M | 11,331.08M |
| Long-Term Debt | 0.00M | 0.00M | 0.00M | 0.00M | 40.87M | 89.87M | 138.86M | 212.86M |
| Capital Lease Obligations | 0.00M | 0.00M | 0.00M | 142.26M | 125.04M | 44.87M | 65.75M | 96.59M |
| Deferred Tax Liabilities | 912.60M | 912.60M | 912.60M | 886.52M | 886.52M | 1,024.29M | 886.52M | 969.90M |
| Other Non-Current Liabilities | 2,345.03M | 2,214.59M | 2,220.54M | 2,512.26M | 291.68M | 0.00M | 2,466.94M | 2,369.53M |
| Total Non-Current Liabilities | 3,257.63M | 3,127.18M | 3,133.14M | 3,541.04M | 1,344.11M | 1,159.02M | 3,558.07M | 3,648.87M |
| Total Liabilities | 9,675.23M | 8,800.19M | 13,375.60M | 14,000.56M | 10,161.31M | 10,780.30M | 14,434.78M | 14,979.95M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 1,751.50M | 1,751.50M | 1,751.50M | 1,751.50M | 1,751.50M | 1,751.50M | 1,751.50M | 1,751.50M |
| Retained Earnings | 15,888.85M | 15,784.87M | 16,116.29M | 15,940.17M | 15,005.36M | 14,923.18M | 13,505.88M | 11,852.79M |
| Accumulated OCI | 1,430.75M | 1,214.91M | 1,112.33M | 2,703.00M | 2,008.00M | 1,871.00M | 1,904.00M | 1,696.78M |
| Minority Interest | 83.28M | 83.41M | 84.05M | 80.31M | 78.70M | 76.57M | 73.53M | 67.07M |
| Total Shareholders’ Equity | 19,071.10M | 18,751.28M | 18,980.12M | 20,394.67M | 18,764.86M | 18,545.68M | 17,161.38M | 15,301.07M |
| Total Equity | 19,154.38M | 18,834.69M | 19,064.17M | 20,474.99M | 18,843.56M | 18,622.25M | 17,234.91M | 15,368.13M |
| Total Liabilities & Equity | 28,829.61M | 27,634.89M | 32,439.77M | 34,475.55M | 29,004.87M | 29,402.55M | 31,669.69M | 30,348.08M |
| Tangible Assets | 30,989.62M | 30,156.58M | 35,160.68M | 34,785.32M | 31,846.25M | 32,549.83M | 32,306.03M | 31,552.01M |
| Tangible Equity | 18,926.02M | 18,585.34M | 18,792.59M | 20,127.93M | 18,413.00M | 18,539.17M | 17,162.35M | 15,321.13M |
| Tangible Book Value | 18,926.02M | 18,585.34M | 18,792.59M | 20,127.93M | 18,413.00M | 18,539.17M | 17,162.35M | 15,321.13M |
| Total Investments | 4,381.37M | 4,057.74M | 3,916.79M | 3,492.98M | 2,721.95M | 2,386.72M | 2,197.32M | 2,053.71M |
| Net Debt | -3,744.82M | -5,329.39M | -2,230.51M | -7,582.10M | -4,641.67M | -5,828.48M | -3,947.78M | -2,598.54M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| Working Capital | 10,202.2M | 10,051.5M | 10,310.4M | 10,344.1M | 9,102.6M | 9,286.7M | 8,442.9M | 6,789.0M |
| Total Capital | 22,262.7M | 21,240.9M | 24,142.7M | 21,101.2M | 19,435.9M | 19,247.0M | 18,186.6M | 17,459.9M |
| Capital Employed | 24,800.4M | 24,451.5M | 24,692.8M | 24,539.4M | 23,126.8M | 22,609.9M | 21,439.8M | 19,977.8M |
| Invested Capital | 17,714.7M | 15,911.5M | 19,112.1M | 13,478.2M | 14,633.9M | 13,247.3M | 13,992.0M | 13,613.1M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net Income | 1,078.00M | 976.00M | 891.64M | 1,778.62M | 446.00M | 1,728.00M | 1,844.00M | 1,044.00M |
| Depreciation & Amortization | 0.00M | 0.00M | 646.44M | 624.38M | 569.00M | 560.43M | 570.80M | 622.00M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 53.05M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 0.00M | 0.00M | -5,277.13M | 1,428.26M | -678.21M | 1,400.34M | -570.92M | 916.00M |
| Accounts Receivable | 0.00M | 0.00M | -2,730.81M | 431.00M | 165.00M | 1,656.00M | -934.00M | 1,190.00M |
| Inventory | 0.00M | 0.00M | -92.96M | -33.03M | 34.30M | -10.95M | 10.38M | 10.00M |
| Accounts Payable | 0.00M | 0.00M | -1,893.27M | 587.11M | -737.19M | 35.06M | -207.21M | -172.99M |
| Other Working Capital | 0.00M | 0.00M | -560.09M | 443.18M | -141.05M | -279.83M | 560.25M | 0.00M |
| Other Non-Cash Items | -1,078.00M | -976.00M | -225.34M | -400.79M | -149.10M | -404.08M | 214.81M | -150.00M |
| Net Cash from Operating Activities | 0.00M | 0.00M | -3,964.39M | 3,483.52M | 187.68M | 3,284.70M | 2,058.69M | 2,432.00M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | -542.15M | -374.00M | -459.01M | -648.50M | -304.01M | -505.00M |
| Acquisitions (Net) | 0.00M | 0.00M | 10.50M | 0.00M | -490.78M | 0.00M | 0.00M | 3.68M |
| Purchases of Investments | 0.00M | 0.00M | -100.46M | 0.00M | 0.00M | -149.74M | -134.47M | 0.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 60.59M | 5.50M |
| Other Investing Activities | 0.00M | 0.00M | 6.43M | -63.98M | 20.10M | -1.66M | -4.61M | -14.18M |
| Net Cash from Investing Activities | 0.00M | 0.00M | -625.68M | -437.98M | -929.69M | -799.91M | -382.50M | -510.00M |
| Net Debt Issuance | 0.00M | 0.00M | 2,711.72M | -49.00M | -91.42M | -74.00M | -985.82M | -650.14M |
| Long-Term Debt Issuance | 0.00M | 0.00M | -88.28M | -49.00M | -91.42M | -110.96M | -185.82M | -186.09M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 2,800.00M | 0.00M | -43.42M | -1.00M | -800.00M | -500.00M |
| Net Stock Issuance | 0.00M | 0.00M | 0.00M | -0.23M | -0.03M | -258.38M | -150.80M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 901.90M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | -0.23M | -0.03M | -1,160.28M | -150.80M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | 0.00M | 0.00M | -714.11M | -304.40M | -364.32M | -310.38M | -191.61M | -191.32M |
| Common Dividends Paid | 0.00M | 0.00M | -714.11M | -304.40M | -364.32M | -310.38M | -191.61M | -191.32M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | -0.40M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | 0.00M | 0.00M | 0.00M | -58.80M | 0.00M | -36.96M | 0.00M | -35.54M |
| Net Cash from Financing Activities | 0.00M | 0.00M | 1,997.61M | -412.42M | -455.77M | -679.72M | -1,328.23M | -877.00M |
| Effect of FX on Cash | 0.00M | 0.00M | 0.00M | 187.88M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | 0.00M | 0.00M | -2,592.46M | 2,821.00M | -1,197.78M | 1,805.08M | 347.96M | -1,757.05M |
| Cash at Beginning of Period | 0.00M | 0.00M | 7,622.97M | 4,801.97M | 5,999.75M | 4,194.67M | 3,846.71M | 2,802.05M |
| Cash at End of Period | 0.00M | 0.00M | 5,030.51M | 7,622.97M | 4,801.97M | 5,999.75M | 4,194.67M | 1,045.00M |
| Operating Cash Flow | 0.00M | 0.00M | -3,964.39M | 3,483.52M | 187.68M | 3,284.70M | 2,058.69M | 2,432.00M |
| Capital Expenditure | 0.00M | 0.00M | -526.15M | -451.92M | -459.01M | -676.49M | -304.01M | -505.00M |
| Free Cash Flow | 0.00M | 0.00M | -4,490.54M | 3,031.61M | -271.33M | 2,608.21M | 1,754.68M | 1,927.00M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|
| EBITDA | 1,790.51M | 2,049.80M | 1,764.66M | 2,337.01M | 1,185.16M | 3,050.18M | 3,284.42M | 2,068.00M |
| (-) Tax Adjustment | 513.16M | 692.10M | 567.78M | 754.73M | 414.81M | 965.23M | 1,057.71M | 670.34M |
| (-) Change In Working Capital | 0.00M | 0.00M | -5,277.13M | 1,428.26M | -678.21M | 1,400.34M | -570.92M | 916.00M |
| (-) Capital Expenditure | 0.00M | 0.00M | -526.15M | -451.92M | -459.01M | -676.49M | -304.01M | -505.00M |
| Unlevered Free Cash Flow | 1,277.35M | 1,357.70M | 5,947.86M | -297.90M | 989.56M | 8.11M | 2,493.62M | -23.34M |
| (-) Net Interest Income After Taxes | -12.67M | -6.88M | -9.76M | -6.39M | -3.84M | -6.71M | -18.51M | -15.12M |
| Net Debt Issuance | 0.00M | 0.00M | 2,711.72M | -49.00M | -91.42M | -74.00M | -985.82M | -650.14M |
| Levered Free Cash Flow | 1,290.01M | 1,364.58M | 8,669.34M | -340.51M | 901.99M | -59.18M | 1,526.31M | -658.36M |