Management Indices

Profitability

Tokyu EBITDA

(Unit: billion yen)

Tokyu EBITDA margin

(Unit: %)

Tokyu EBITDA/total assets

(Unit: %)

ROA (Return of assets)

(Unit: %)

ROE (Return of equity)

(Unit: %)

Safety

Interest-bearing Debt / Tokyu EBITDA Multiple

(Unit: times)

D/E ratio

(Unit: times)

Equity ratio

(Unit: %)

Balance-sheet indicators

Net assets

Total assets

Cash-flow indicators

Interest-bearing debt at end of term

(Unit: billion yen)

Free cash flow

(Unit: billion yen)

Capital expenditure

(Unit: billion yen)

Depreciation and amortization

(Unit: billion yen)

Investment indicators

Dividend per share - Annual

(Unit: yen)

EPS (Earnings per share)

(Unit: yen)

DOE (Dividends on equity)

(Unit: %)

Profitability

  144rd term 145th term 146th term 147th term 148th term
2013/3
2014/3
2015/3
2016/3
2017/3
Tokyu EBITDA (million yen) 149,623 148,803 151,549 163,655 174,312
Tokyu EBITDA margin (%) 14.0 13.7 14.2 15.0 15.6
Tokyu EBITDA/total assets (%) 7.6 7.5 7.6 8.0 8.2
ROA (Return of assets) (%) 2.9 3.1 3.3 3.4 3.6
ROE (Return of equity) (%) 9.5 11.4 7.7 9.8 11.2

Tokyu EBITDA=Operating profit + Depreciation and amortization + Amortization of goodwill + Disposal cost of fixed assets +Interest and dividend income +Investment gains (loss) from equity method Until 2015/3, Tokyu EBITDA=Operating profit + Depreciation and amortization + Amortization of goodwill + Disposal cost of fixed assets

Tokyu EBITDA margin = Tokyu EBITDA ÷ Operating revenue

Tokyu EBITDA / Total assets = Tokyu EBITDA ÷ Total assets (average for term)

ROA = Recurring profit ÷ Total assets (average for term) X 100

Safety

  144rd term 145th term 146th term 147th term 148th term
2013/3
2014/3
2015/3
2016/3
2017/3
Interest-bearing Debt / Tokyu EBITDA Multiple (times) - - - 5.7 5.5
D/E ratio (times) 2.1 1.9 1.7 1.6 1.5
Equity ratio (%) 24.2 25.3 27.5 27.6 29.2

Interest-bearing Debt / Tokyu EBITDA Multiple = Interest-bearing debt (at end of term) / Tokyu EBITDA

D/E ratio = Interest-bearing debt (at end of term) ÷ Shareholders' equity (at end of term)

Balance-sheet indicators

  144rd term 145th term 146th term 147th term 148th term
2013/3
2014/3
2015/3
2016/3
2017/3
Net assets (million yen) 499,545 537,711 579,596 623,297 678,382
Shareholders' equity (million yen) 476,174 511,789 551,332 576,873 628,308
Total assets (million yen) 1,964,476 2,021,794 2,002,532 2,092,546 2,148,605

Cash-flow indicators

  144rd term 145th term 146th term 147th term 148th term
2013/3
2014/3
2015/3
2016/3
2017/3
Interest-bearing debt at end of term (million yen) 999,567 990,038 911,446 937,467 964,397
Free cash flow (million yen) 31,804 50,573 88,729 8,009 -5,954
Capital expenditure (million yen) 128,737 140,231 93,556 157,252 145,398
Depreciation and amortization (million yen) 74,916 72,762 70,041 72,391 76,986

Free cash flow = Cash flows from operating activities + Cash flows from investing activities

Investment indicators

  144rd term 145th term 146th term 147th term 148th term
2013/3
2014/3
2015/3
2016/3
2017/3
Dividend per share (yen)
[Annual]
7.00 7.50 8.00 8.50 9.00
Dividend per share (yen)
[Interim]
3.50 3.50 4.00 4.00 4.50
EPS (Earnings per share) (yen) 34.33 44.96 32.88 44.81 55.01
DOE (Dividends on equity) (%) 1.9 1.9 1.9 1.9 1.8

EPS = Net income ÷ Number of shares issued (average for term)

DOE=Total dividends / Shareholders' equity (average for term)