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C

Cedar Co 2435.T · JPY

Health Care · Tokyo Stock Exchange · 🇯🇵 Japan

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194

+1.04%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥18.16bn

FY2017FY2026

Net income

¥524.0m

FY2017FY2026

Free cash flow

¥823.0m

FY2017FY2026

Shareholders' equity

¥1.96bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥18.16bn¥17.83bn¥17.30bn¥16.44bn¥15.75bn¥15.61bn¥15.13bn¥14.26bn¥13.86bn¥12.73bn
Gross profit¥2.15bn¥2.34bn¥2.21bn¥1.59bn¥1.55bn¥2.07bn¥1.88bn¥2.29bn¥1.51bn¥1.06bn
Operating income¥677.0m¥893.0m¥767.0m¥136.0m¥193.0m¥809.0m¥550.0m¥494.9m¥535.2m¥145.3m
Net income¥524.0m¥444.0m¥203.0m−¥276.0m−¥319.0m¥387.0m¥209.0m¥16.4m¥224.0m−¥138.0m
Diluted earnings per share46.6939.5718.09-24.60-28.4333.7218.211.4319.76-12.38

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥19.72bn¥20.00bn¥20.33bn¥20.25bn¥20.46bn¥19.56bn¥18.18bn¥18.32bn¥18.04bn¥18.04bn
Cash and short-term investments¥1.77bn¥1.48bn¥1.64bn¥1.03bn¥796.0m¥825.0m¥870.0m¥811.8m¥863.0m¥680.8m
Total liabilities¥17.76bn¥18.50bn¥19.23bn¥19.35bn¥19.30bn¥17.95bn¥16.91bn¥17.24bn¥16.92bn¥17.15bn
Debt¥13.80bn¥14.47bn¥15.22bn¥15.63bn¥15.84bn¥14.76bn¥13.80bn¥14.38bn¥14.14bn¥14.64bn
Shareholders' equity¥1.96bn¥1.49bn¥1.08bn¥891.0m¥1.16bn¥1.61bn¥1.27bn¥1.08bn¥1.11bn¥888.5m
Shares outstanding11m11m11m11m11m11m11m11m11m11m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥1.25bn¥777.0m¥1.47bn¥797.0m¥513.0m¥1.14bn¥749.0m¥886.0m¥1.18bn¥604.0m
Capital spending−¥429.0m−¥482.0m−¥479.0m−¥403.0m−¥1.50bn−¥2.01bn−¥275.0m−¥363.0m−¥434.0m−¥1.16bn
Free cash flow¥823.0m¥295.0m¥995.0m¥394.0m−¥984.0m−¥876.0m¥474.0m¥523.0m¥743.0m−¥552.0m
Dividends paid−¥114.0m−¥45.0m——−¥68.0m−¥45.0m−¥22.0m−¥45.0m−¥45.0m−¥45.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥4.59bn¥4.49bn¥4.63bn¥4.54bn¥4.50bn¥4.39bn¥4.51bn¥4.48bn
Gross profit¥474.0m¥486.0m¥582.0m¥501.0m¥581.0m¥437.0m¥572.0m¥603.0m
Operating income¥3.0m¥322.0m¥184.0m¥130.0m¥199.0m¥274.0m¥199.0m¥263.0m
Net income¥60.0m¥73.0m¥222.0m¥128.0m¥101.0m−¥29.0m¥132.0m¥170.0m
Diluted earnings per share5.356.5119.7811.419.00-2.5811.7615.15
Total assets¥20.93bn¥19.72bn¥19.96bn¥20.04bn¥20.42bn¥20.00bn¥20.13bn¥19.81bn
Cash and short-term investments¥2.06bn¥1.77bn¥1.74bn¥1.51bn¥1.80bn¥1.48bn¥1.72bn¥1.43bn
Debt¥4.88bn¥9.57bn¥4.91bn¥9.47bn¥4.77bn¥9.81bn¥4.62bn¥9.67bn
Shareholders' equity¥1.92bn¥1.96bn¥1.83bn¥1.61bn¥1.47bn¥1.49bn¥1.42bn¥1.29bn

Financial ratios

Data as of 27 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin11.8%13.1%12.8%9.7%9.8%13.3%
Operating margin3.7%5.2%4.1%0.2%-0.0%5.2%
Net margin2.9%2.5%1.2%-1.7%-2.0%2.5%
Return on equity26.7%29.9%18.7%-31.0%-27.6%24.1%
Return on assets2.7%2.2%1.0%-1.4%-1.6%2.0%
Free cash flow yield73.8%55.3%85.7%52.7%88.2%135.2%
Revenue growth1.9%3.0%5.2%4.4%0.9%3.2%
Earnings growth18.0%118.7%-173.6%-13.5%-182.4%85.2%
Current ratio0.74x0.71x0.73x0.65x0.52x0.55x
Debt to equity4.88x6.61x9.52x11.83x9.11x5.77x
Equity ratio9.9%7.4%5.3%4.4%5.7%8.2%
Interest coverage2.02x2.83x2.27x0.10x-0.01x2.40x
Buybacks as a share of market value0.0%0.0%-0.0%0.0%2.2%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.4%3.1%4.5%
Operating income70.7%-3.5%7.3%
Net income—6.2%50.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin12.5%11.9%11.8%11.7%
Operating margin4.4%3.5%3.4%3.3%
Net margin2.7%1.3%1.0%0.8%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings4.15.412.6-10.3-5.95.418.3151.09.9-29.1
Price to sales0.10.10.10.20.10.10.30.20.20.3

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2022FY2021FY2020FY2019FY2015FY2013
Paid in the year12.004.006.004.002.004.004.007.50
  • 2-for-1 split · 26 Dec 2013

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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