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)

* On August 1, 2017, the Company conducted a reverse stock split (every two common shares were merged into one). In this graph, dividends and EPS that take the reverse stock split into consideration are stated.

DOE (Dividends on equity)

(Unit: %)

Profitability

  146rd term 147th term 148th term 149th term 150th term
2015/3
2016/3
2017/3
2018/3
2019/3
Tokyu EBITDA (million yen) 151,549 163,655 174,312 174,965 176,693
Tokyu EBITDA margin (%) 14.2 15.0 15.6 15.4 15.3
Tokyu EBITDA/total assets (%) 7.6 8.0 8.2 7.9 7.6
ROA (Return of assets) (%) 3.3 3.4 3.6 3.8 3.5
ROE (Return of equity) (%) 7.7 9.8 11.2 10.6 8.0

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

  146th term 147th term 148th term 149th term 150th term
2015/3
2016/3
2017/3
2018/3
2019/3
Interest-bearing Debt / Tokyu EBITDA Multiple (times) - 5.7 5.5 5.5 6.0
D/E ratio (times) 1.7 1.6 1.5 1.4 1.4
Equity ratio (%) 27.5 27.6 29.2 30.8 30.9

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

  146th term 147th term 148th term 149th term 150th term
2015/3
2016/3
2017/3
2018/3
2019/3
Net assets (million yen) 579,596 623,297 678,382 747,049 796,164
Shareholders' equity (million yen) 551,332 576,873 628,308 696,526 745,233
Total assets (million yen) 2,002,532 2,092,546 2,148,605 2,264,636 2,412,876

Cash-flow indicators

  146th term 147th term 148th term 149th term 150th term
2015/3
2016/3
2017/3
2018/3
2019/3
Interest-bearing debt at end of term (million yen) 911,446 937,467 964,397 969,794 1,066,422
Free cash flow (million yen) 88,729 8,009 -5,954 7,179 △ 86,662
Capital expenditure (million yen) 93,556 157,252 145,398 181,265 239,945
Depreciation and amortization (million yen) 70,041 72,391 76,986 74,901 78,613

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

Investment indicators

  146th term 147th term 148th term 149th term 150th term
2015/3
2016/3
2017/3
2018/3
2019/3
Dividend per share (yen)
[Annual]
16.00 17.00 18.00 19.00 20.00
Dividend per share (yen)
[Interim]
8.00 8.00 9.00 9.00 10.00
EPS (Earnings per share) (yen) 65.76 89.62 110.02 115.42 95.14
DOE (Dividends on equity) (%) 1.9 1.9 1.8 1.7 1.7
* On August 1, 2017, the Company conducted a reverse stock split (every two common shares were merged into one). In this table, dividends and EPS that take the reverse stock split into consideration are stated.

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

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