1. Japan Stocks

  2. •

    Consumer non-durables

  3. •

    Household/Personal care
Milbon Co., Ltd.

Milbon Co., Ltd.

TTSE:4919
3,450.00
JPY
+25.00
(+0.73%)
84.69BMarket Cap
Nov 13Next Earn
Milbon Co., Ltd.
TSE:4919
(Tokyo Stock Exchange)

Recent

price

3,450.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
JPY
656.6
620.58
661.78
723.78
770.28
836.04
889.77
1,021.81
1,034.9
1,107.73
1,098.23
1,279.1
1,391.03
1,468.21
1,576.24
1,633.91
- -
Revenue per Share
60.89
69.68
64.35
76.42
80.03
90.1
93.73
116.58
137.31
137.99
129.24
157.17
171.49
123.01
154.12
106.26
- -
Basic EPS, GAAP
51.79
79.78
63.9
61.89
47.97
39.15
-27.89
85.78
157.28
91.03
140.76
66.1
36.44
47.81
156.2
63.35
- -
Free Cash Flow per Basic Share
22.88
24.97
27.46
28.02
31.56
34.48
38.47
39.97
49.94
56.97
56.12
58.95
77.94
85.95
87.9
88.55
- -
Dividend per Share
534.94
576.26
615.84
676.17
736.05
800.51
846.16
949.99
1,012.58
1,096.02
1,117.1
1,236.41
1,352.52
1,411.56
1,499.2
1,543.67
1,576.7
Book Value per Share
521.28
560.77
599.92
661.46
722.34
788.35
822.05
921.17
982.41
1,060.13
1,076.53
1,189.76
1,294.04
1,352.24
1,447.76
1,495.25
1,524.06
Tangible Book Value per Share
30
33
33
33
33
33
33
33
33
33
33
33
33
33
33
32
32
Basic Weighted Avg Shares
19,750
20,527
21,887
23,830
25,227
27,377
29,135
33,456
33,882
36,266
35,725
41,582
45,238
47,762
51,316
52,863
- -
Sales/Revenue/Turnover
18.12
18.47
18.21
18.06
17.64
17.27
17.55
15.98
18.48
18.62
17.9
18.8
16.69
11.57
13.33
10.69
- -
Operating Margin (%)
1,010
1,015
952
883
1,009
1,039
1,083
1,279
1,381
1,494
1,609
1,777
2,081
2,275
2,289
2,317
- -
Depreciation Expense
1,832
2,305
2,128
2,516
2,621
2,950
3,069
3,817
4,495
4,518
4,204
5,109
5,577
4,002
5,018
3,438
- -
Net Income, GAAP
42.92
41.61
40.62
37.85
37.49
33.18
30.66
26.84
26.47
27.34
28.62
28.38
28.71
26.33
28
30.22
- -
Effective Tax Rate (%)
9.27
11.23
9.72
10.56
10.39
10.78
10.53
11.41
13.27
12.46
11.77
12.29
12.33
8.38
9.78
6.5
- -
Profit Margin (%)
5,310
7,289
8,502
8,967
10,438
10,268
8,820
10,111
12,486
14,923
16,022
17,591
18,702
19,611
21,728
21,416
22,287
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
17,699
19,060
20,367
22,149
24,104
26,213
27,706
31,103
33,152
35,883
36,308
40,197
43,992
45,932
48,817
49,059
50,159
Total Equity
11.11
12.97
11.52
12.12
11.6
12.19
12.81
12.98
13.82
13.72
12.31
14.17
12.39
8.88
10.22
7.93
- -
Return on Invested Capital (%)
10.66
12.54
10.8
11.84
11.33
11.73
11.38
12.98
13.99
13.09
11.65
13.36
13.25
8.9
10.59
7.03
- -
Return on Capital (%)
10.66
12.54
10.8
11.84
11.33
11.73
11.38
12.98
13.99
13.09
11.65
13.36
13.25
8.9
10.59
7.03
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
32
32
Market Capitalization
108,270
85,744
84,686

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
29,007
- -
30,821
Cash, Cash Equivalents & STI
12,950
- -
12,327
Accounts Receivable, Net
5,024
- -
5,551
Inventories
10,372
- -
12,129
Total Current Liabilities
8,138
- -
8,533
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.53%
6.27%
0.5%
Free Cash Flow
-38.33%
20.11%
-59.7%
Net Income, GAAP
3.61%
-0.73%
-31.48%
Sales/Revenue/Turnover
6.93%
8.24%
3.01%
Total Cash Common Dividend
10.24%
10%
0.11%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,508
13,018
- -
- -
51,316
2025
- -
- -
- -
- -
52,863
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
29.91
40.14
- -
- -
154.12
2025
- -
- -
- -
- -
106.26
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
87.9
2025
- -
- -
- -
- -
88.55
2026
- -
- -
- -
- -
- -
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e.l.f. Beauty, Inc. (NYSE:ELF)
Business
Milbon Co., Ltd. manufactures and sells professional hair cosmetics exclusively to salons in Japan and internationally. The company offers hair care products including shampoos, conditioners, hair treatments, hair tonics, hair creams, liquid and foam hairstyling products, setting lotions and hair sprays; hair coloring products such as oxidative and acid hair dyes, hair bleaches; permanent wave products comprising thioglycolic acid-based and cysteine-based lotions and anti-frizz straightening lotions; and cosmetics including skincare and makeup items; as well as hair care tools such as rods, rollers and flat irons. Products are marketed under brands including Milbon, Aujua, Global Milbon, Elujuda, Ordeve, Villa Lodola, Sophistone and Imprea. Founded in 1960 as Yutaka Beauty Chemicals Co., Ltd. and renamed Milbon in 1965, the company is headquartered in Tokyo and operates through subsidiaries in the United States, South Korea, China, Thailand, Malaysia, Vietnam, Singapore, Europe and an affiliate with Kose Milbon Cosmetics. Milbon conducts research and development at five facilities including Central Research Institute in Osaka and regional institutes in North America, Thailand and China, with production at three factories in Japan, Thailand and China; it serves over 30,000 salons in Japan and expanding international markets primarily in Asia, North America and Europe, where overseas sales account for about 25% of revenue. In recent developments, Milbon launched the OW BYE TORI hair-styling brand in October 2025, exceeding its annual sales target of ¥120 million with ¥190 million in gross sales by October 31; introduced Aujua Altiell aging hair care series in February 2025 and Elujuda Extra Repair in April 2025, alongside Imprea Balance Tuner and new shades for IM Brow & Lash Color Mascara; expanded hair coloring lines with Ordeve Crystal High Bright and Villa Lodola Color Clear Veil in mid-2025. The company completed a ¥2 billion share repurchase of 811,700 shares from August to October 2025 to enhance capital efficiency; initiated joint delivery operations in August 2025 with ROHTO and Haleon Japan to improve efficiency and reduce CO2 emissions; surpassed one million registered users on its milbon:iD e-commerce platform in October 2025, boosting take-home product sales. Overseas, sales grew strongly in local currencies led by the United States and South Korea amid yen appreciation, with new hair coloring items launched in the U.S. in July 2025; domestically, hair care sales rose 5.2% year-over-year through Q3 FY2025 while cosmetics returned to growth via new launches, though overall operating income declined due to inventory valuation losses and higher SG&A expenses, prompting a downward revision of FY2025 earnings targets to ¥52.3 billion in net sales and ¥5.3 billion in operating income.