Nichiryo Baking Ratios and Metrics

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006	2005 - 2001
Period Ending	Dec '25 Dec 4, 2025	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009	Mar '08 Mar 31, 2008	Mar '07 Mar 31, 2007	Mar '06 Mar 31, 2006	2005 - 2001
Market Capitalization	4,804	1,678	1,846	2,204	5,712	3,261	Upgrade
Market Cap Growth	-0.39%	-9.12%	-16.24%	-61.41%	75.16%	46.23%	Upgrade
Enterprise Value	-	3,877	4,130	4,530	8,345	6,022	Upgrade
Last Close Price	2291.00	749.70	824.67	983.98	1274.49	1452.54	Upgrade
PE Ratio	30.14	10.24	15.49	12.05	45.01	17.58	Upgrade
PS Ratio	0.28	0.10	0.10	0.13	0.34	0.18	Upgrade
PB Ratio	1.85	0.69	0.82	0.99	2.57	1.51	Upgrade
P/TBV Ratio	1.91	0.71	0.84	1.00	2.59	1.52	Upgrade
P/FCF Ratio	249.51	25.41	-	6.40	-	4.56	Upgrade
P/OCF Ratio	7.65	2.63	3.38	2.52	9.86	2.77	Upgrade
EV/Sales Ratio	-	0.22	0.23	0.26	0.49	0.33	Upgrade
EV/EBITDA Ratio	-	4.78	5.38	5.20	10.90	7.36	Upgrade
EV/EBIT Ratio	-	12.24	15.00	12.50	33.90	18.54	Upgrade
EV/FCF Ratio	-	58.71	-	13.14	-	8.42	Upgrade
Debt / Equity Ratio	1.41	1.50	1.66	1.80	1.97	2.18	Upgrade
Debt / EBITDA Ratio	4.65	4.54	4.87	4.61	5.70	5.78	Upgrade
Debt / FCF Ratio	190.38	55.77	-	11.64	-	6.61	Upgrade
Asset Turnover	1.35	1.41	1.40	1.33	1.25	1.30	Upgrade
Inventory Turnover	40.40	46.95	36.47	33.41	30.09	16.38	Upgrade
Quick Ratio	0.67	0.61	0.56	0.61	0.60	0.62	Upgrade
Current Ratio	0.75	0.67	0.67	0.72	0.72	0.74	Upgrade
Return on Equity (ROE)	6.38%	6.97%	5.32%	8.22%	5.79%	9.37%	Upgrade
Return on Assets (ROA)	1.38%	1.59%	1.35%	1.71%	1.14%	1.43%	Upgrade
Return on Capital (ROIC)	2.83%	3.27%	2.81%	3.53%	2.28%	2.87%	Upgrade
Return on Capital Employed (ROCE)	4.10%	4.60%	4.10%	5.20%	3.30%	4.30%	Upgrade
Earnings Yield	3.32%	9.77%	6.46%	8.30%	2.22%	5.69%	Upgrade
FCF Yield	0.40%	3.94%	-5.32%	15.64%	-0.12%	21.93%	Upgrade
Buyback Yield / Dilution	0.02%	0.04%	0.04%	0.03%	0.03%	0.05%	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.