CMC Corp

CMC Corp maintains a strong liquidity position, with cash and equivalents amounting to ¥13,123,533,000, representing 48.36% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, with free cash flow of ¥1,065,508,000 and total liabilities of ¥5,551,202,000. The current ratio of 5.39 indicates a solid ability to meet short-term obligations. Profitability metrics show a return on equity (ROE) of 9.96% and a return on assets (ROA) of 7.92%, both exceeding the industry median for advertising and marketing firms. The company's operating margin of 14.70% (¥2,684,363,000 operating income on ¥18,256,391,000 revenue) is also above the sector average. Geographically, CMC Corp's revenue is concentrated in Japan, with no disclosed international segments. The company's exposure to domestic economic cycles is significant, as it derives all reported revenue from a single geographic market. Looking ahead, the company is projected to maintain stable revenue growth, with a 2.1% increase expected in the current fiscal year and a 1.8% increase in the following year. This growth trajectory is supported by a consistent operating cash flow of ¥2,309,404,000 and a free cash flow of ¥1,065,508,000. Risk factors for CMC Corp are currently low, with no immediate liquidity or dilution flags detected. The company's debt-to-equity ratio of 0.01 and a low dilution potential (basic) of 0% suggest a conservative capital structure. No material adjustments were applied to the valuation metrics. Recent filings and transcripts indicate no significant operational or strategic changes. The company's last actual EPS was ¥164.12, and its last actual revenue was ¥18,256,390,000, aligning with analyst estimates.