SAN Holdings（9628）株式概要SANホールディングスは日本で葬儀サービスを提供している。 詳細9628 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長0/6過去の実績1/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より76.8%で取引されている 2.82%の安定した配当金を支払う 同業他社や業界と比較して、良好な取引価格 リスク分析今後3年間の収益は年平均6.1%減少すると予測されている。 財務結果に影響を与える大きな一時的項目 過去1年間で株主の希薄化が進んだ すべてのリスクチェックを見る9628 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Top Community NarrativesSAN HoldingsASAstrisCorporateAdvisoryCommunity ContributorForging ahead with an ambitious growth planQ3 FY8/26 results update Executing on growth; near-term profitability reflects investment cycle - Q1-3 FY8/26 revenue growth is strong, driven by the first full-year contribution from KIZUNA Holdings, though operating margins are impacted by goodwill amortization, new hall opening costs, and recruitment expenses. The acquisition of Cocolonet demonstrates that M&A remains central to SAN Holdings' growth strategy.View narrativeJP¥1.92kFV25.9% 割安 内在価値ディスカウント14.49%Revenue growth p.a.Set Fair ValueView15users have viewed this narrative0users have liked this narrative0users have commented on this narrative1users have followed this narrative3 months ago author updated this narrativeTop Community NarrativesSAN HoldingsASAstrisCorporateAdvisoryCommunity ContributorForging ahead with an ambitious growth planQ3 FY8/26 results update Executing on growth; near-term profitability reflects investment cycle - Q1-3 FY8/26 revenue growth is strong, driven by the first full-year contribution from KIZUNA Holdings, though operating margins are impacted by goodwill amortization, new hall opening costs, and recruitment expenses. The acquisition of Cocolonet demonstrates that M&A remains central to SAN Holdings' growth strategy.View narrativeJP¥1.92kFV25.9% 割安 内在価値ディスカウント14.49%Revenue growth p.a.Set Fair ValueView15users have viewed this narrative0users have liked this narrative0users have commented on this narrative1users have followed this narrative3 months ago author updated this narrativeView all narrativesSAN Holdings, Inc. 競合他社PIASymbol: TSE:4337Market cap: JP¥42.0bIBJSymbol: TSE:6071Market cap: JP¥31.7bTSUKADA GLOBAL HOLDINGSSymbol: TSE:2418Market cap: JP¥27.9bJp-HoldingsIncSymbol: TSE:2749Market cap: JP¥52.9b価格と性能株価の高値、安値、推移の概要SAN Holdings過去の株価現在の株価JP¥1,425.0052週高値JP¥1,670.0052週安値JP¥1,288.00ベータ0.631ヶ月の変化6.58%3ヶ月変化2.08%1年変化-8.89%3年間の変化28.49%5年間の変化126.37%IPOからの変化-37.98%最新ニュースNew Risk • Jun 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.1% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (17% increase in shares outstanding).Reported Earnings • May 16Full year 2026 earnings released: EPS: JP¥213 (vs JP¥231 in FY 2025)Full year 2026 results: EPS: JP¥213 (down from JP¥231 in FY 2025). Revenue: JP¥37.9b (up 18% from FY 2025). Net income: JP¥4.50b (down 4.7% from FY 2025). Profit margin: 12% (down from 15% in FY 2025). Revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • May 15SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 400,000 shares, representing 1.67% for ¥500 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.67% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the buyback is to enhance shareholder returns and improve capital efficiency, as well as to implement a flexible capital policy in response to changes in the business environment. The program is valid till October 31, 2026 . As of April 30, 2026, the company had 24,002,348 shares outstanding and 197,652 treasury shares.New Risk • Apr 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Large one-off items impacting financial results.新しいナラティブ • Apr 14Forging ahead with an ambitious growth planQ3 FY8/26 results update Executing on growth; near-term profitability reflects investment cycle - Q1-3 FY8/26 revenue growth is strong, driven by the first full-year contribution from KIZUNA Holdings, though operating margins are impacted by goodwill amortization, new hall opening costs, and recruitment expenses. The acquisition of Cocolonet demonstrates that M&A remains central to SAN Holdings' growth strategy.Buy Or Sell Opportunity • Mar 04Now 21% undervaluedOver the last 90 days, the stock has risen 7.2% to JP¥1,480. The fair value is estimated to be JP¥1,866, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 27%.最新情報をもっと見るRecent updatesNew Risk • Jun 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.1% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (17% increase in shares outstanding).Reported Earnings • May 16Full year 2026 earnings released: EPS: JP¥213 (vs JP¥231 in FY 2025)Full year 2026 results: EPS: JP¥213 (down from JP¥231 in FY 2025). Revenue: JP¥37.9b (up 18% from FY 2025). Net income: JP¥4.50b (down 4.7% from FY 2025). Profit margin: 12% (down from 15% in FY 2025). Revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • May 15SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 400,000 shares, representing 1.67% for ¥500 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.67% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the buyback is to enhance shareholder returns and improve capital efficiency, as well as to implement a flexible capital policy in response to changes in the business environment. The program is valid till October 31, 2026 . As of April 30, 2026, the company had 24,002,348 shares outstanding and 197,652 treasury shares.New Risk • Apr 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Large one-off items impacting financial results.新しいナラティブ • Apr 14Forging ahead with an ambitious growth planQ3 FY8/26 results update Executing on growth; near-term profitability reflects investment cycle - Q1-3 FY8/26 revenue growth is strong, driven by the first full-year contribution from KIZUNA Holdings, though operating margins are impacted by goodwill amortization, new hall opening costs, and recruitment expenses. The acquisition of Cocolonet demonstrates that M&A remains central to SAN Holdings' growth strategy.Buy Or Sell Opportunity • Mar 04Now 21% undervaluedOver the last 90 days, the stock has risen 7.2% to JP¥1,480. The fair value is estimated to be JP¥1,866, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 27%.お知らせ • Feb 15San Holdings, Inc. Provides Dividend Guidance for Year End of Fiscal Year Ending August 31, 2026, Scheduled Payment of November 2026SAN Holdings, Inc. provided dividend guidance for year end of Fiscal Year Ending August 31, 2026. For year end, the company expects dividend to be JPY 28.5 per share. Scheduled payment of November 2026. Record date of August 31, 2026.Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥24.14 (vs JP¥25.82 in 3Q 2025)Third quarter 2026 results: EPS: JP¥24.14 (down from JP¥25.82 in 3Q 2025). Revenue: JP¥9.57b (flat on 3Q 2025). Net income: JP¥498.0m (down 5.7% from 3Q 2025). Profit margin: 5.2% (down from 5.5% in 3Q 2025). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 14San Holdings, Inc. Announces Dividend for the Third Quarter End of Fiscal Year Ending August 31, 2026, Payable on March 5, 2026SAN Holdings, Inc. announced dividend for the third quarter end of Fiscal year ending August 31, 2026 of JPY 28.5 per share. Scheduled date of payment of dividend is March 5, 2026. Following the change in fiscal year-end, the dividend forecast covers the 17-month period from April 1, 2025 to August 31, 2026.New Risk • Feb 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (190% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding).分析記事 • Nov 21SAN Holdings' (TSE:9628) Earnings Are Weaker Than They SeemLast week's profit announcement from SAN Holdings, Inc. ( TSE:9628 ) was underwhelming for investors, despite headline...New Risk • Nov 21New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 164% Dividend yield: 4.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (164% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Nov 18Second quarter 2026 earnings released: EPS: JP¥14.99 (vs JP¥19.18 in 2Q 2025)Second quarter 2026 results: EPS: JP¥14.99 (down from JP¥19.18 in 2Q 2025). Revenue: JP¥9.08b (up 60% from 2Q 2025). Net income: JP¥308.0m (down 21% from 2Q 2025). Profit margin: 3.4% (down from 6.9% in 2Q 2025). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.お知らせ • Oct 24SAN Holdings, Inc. (TSE:9628) executed share exchange agreement to acquire Cocolonet CO., LTD. (TSE:6060) for ¥4.7 billion.SAN Holdings, Inc. (TSE:9628) executed share exchange agreement to acquire Cocolonet CO., LTD. (TSE:6060) for ¥4.7 billion on October 23, 2025. The consideration consists of common equity of SAN Holdings, Inc. at a ratio of 0.9 per common equity of Cocolonet CO., LTD. As part of acquisition, 3,485,155 shares will be acquired. The transaction is subject to approval of offer by Cocolonet shareholders. Cocolonet shareholding meeting will be held on November 7, 2025. Cocolonet last trading date is January 28, 2026 and will be delisted on January 29, 2026. The expected completion of the transaction is February 1, 2026.Reported Earnings • Aug 15First quarter 2026 earnings released: EPS: JP¥28.44 (vs JP¥27.00 in 1Q 2025)First quarter 2026 results: EPS: JP¥28.44 (up from JP¥27.00 in 1Q 2025). Revenue: JP¥9.15b (up 66% from 1Q 2025). Net income: JP¥582.0m (up 5.6% from 1Q 2025). Profit margin: 6.4% (down from 10.0% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year.お知らせ • Jul 13SAN Holdings, Inc. to Report Q3, 2026 Results on Feb 13, 2026SAN Holdings, Inc. announced that they will report Q3, 2026 results on Feb 13, 2026New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results.分析記事 • May 15SAN Holdings' (TSE:9628) Earnings Are Weaker Than They SeemUnsurprisingly, SAN Holdings, Inc.'s ( TSE:9628 ) stock price was strong on the back of its healthy earnings report...分析記事 • May 12SAN Holdings, Inc. (TSE:9628) Surges 26% Yet Its Low P/E Is No Reason For ExcitementDespite an already strong run, SAN Holdings, Inc. ( TSE:9628 ) shares have been powering on, with a gain of 26% in the...New Risk • May 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results.Reported Earnings • May 09Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥231 (up from JP¥114 in FY 2024). Revenue: JP¥32.0b (up 43% from FY 2024). Net income: JP¥4.72b (up 100% from FY 2024). Profit margin: 15% (up from 11% in FY 2024). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year.お知らせ • May 08SAN Holdings, Inc., Annual General Meeting, Jun 25, 2025SAN Holdings, Inc., Annual General Meeting, Jun 25, 2025.New Risk • Apr 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%).お知らせ • Feb 28+ 2 more updatesSAN Holdings, Inc. to Report Fiscal Year 2025 Results on May 08, 2025SAN Holdings, Inc. announced that they will report fiscal year 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,236, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 59% over the past three years.Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: JP¥25.82 (vs JP¥27.32 in 3Q 2024)Third quarter 2025 results: EPS: JP¥25.82 (down from JP¥27.32 in 3Q 2024). Revenue: JP¥9.58b (up 68% from 3Q 2024). Net income: JP¥528.0m (down 6.5% from 3Q 2024). Profit margin: 5.5% (down from 9.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.New Risk • Jan 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).分析記事 • Dec 27SAN Holdings' (TSE:9628) Dividend Will Be ¥12.00SAN Holdings, Inc.'s ( TSE:9628 ) investors are due to receive a payment of ¥12.00 per share on 26th of June. This...New Risk • Dec 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.分析記事 • Dec 13SAN Holdings (TSE:9628) Is Paying Out A Dividend Of ¥12.00The board of SAN Holdings, Inc. ( TSE:9628 ) has announced that it will pay a dividend on the 26th of June, with...お知らせ • Dec 13SAN Holdings, Inc. Provides Dividend Guidance for the Fiscal Year Ending Mar. 31, 2025SAN Holdings, Inc. provided dividend guidance for the fiscal year ending Mar. 31, 2025. For the year, the company expects dividend of JPY 12.00 compared to JPY 12.00 per share a year ago.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,236, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 74% over the past three years.Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥19.18 (vs JP¥28.40 in 2Q 2024)Second quarter 2025 results: EPS: JP¥19.18 (down from JP¥28.40 in 2Q 2024). Revenue: JP¥5.67b (up 6.4% from 2Q 2024). Net income: JP¥392.0m (down 33% from 2Q 2024). Profit margin: 6.9% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 20Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.7%).New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.お知らせ • Aug 29SAN Holdings, Inc. (TSE:9628) completed the acquisition of 92.49% stake in KIZUNA HOLDINGS Corp. (TSE:7086) from Advantage Partners V, Advantage Partners Investment Partnership No. 64, AP Cayman Partners III, L.P. managed by Advantage Partners, Inc,AP3 Co., Ltd. and others for ¥13.8 billion.SAN Holdings, Inc. (TSE:9628) signed a letter of intent to acquire KIZUNA HOLDINGS Corp. (TSE:7086) from Advantage Partners V, Advantage Partners Investment Partnership No. 64, AP Cayman Partners III, L.P. managed by Advantage Partners, Inc,AP3 Co., Ltd. and others for ¥14.9 billion on March 5, 2024. The Board of Directors of KIZUNA HOLDINGS Corp. formed a special committee for the transaction. The transaction is approved by KIZUNA HOLDINGS Corp.'s board of director's. The expected completion of the transaction is August 27, 2024. City-Yuwa Partners acted as legal advisor for SAN Holdings, Inc. SMBC Nikko Securities Inc. acted as financial advisor for SAN Holdings, Inc. Nomura Securities Co., Ltd. acted as financial advisor for special committee of KIZUNA HOLDINGS Corp. Anderson Mori & Tomotsune LPC acted as legal advisor for special committee of KIZUNA HOLDINGS Corp. es Networks Co., Ltd, Accounting & Auditing Arm acted as accountant for SAN Holdings, Inc. SAN Holdings, Inc. (TSE:9628) completed the acquisition of 92.49% stake in KIZUNA HOLDINGS Corp. (TSE:7086) from Advantage Partners V, Advantage Partners Investment Partnership No. 64, AP Cayman Partners III, L.P. managed by Advantage Partners, Inc,AP3 Co., Ltd. and others for ¥13.8 billion on August 27, 2024. SAN Holdings acquired 6,536,898 shares in the offer period.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,060, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 15x in the Consumer Services industry in Japan. Total returns to shareholders of 62% over the past three years.New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jul 18Now 20% undervaluedOver the last 90 days, the stock has risen 25% to JP¥1,321. The fair value is estimated to be JP¥1,655, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 15%.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,360, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 17x in the Consumer Services industry in Japan. Total returns to shareholders of 132% over the past three years.お知らせ • May 15SAN Holdings, Inc., Annual General Meeting, Jun 25, 2024SAN Holdings, Inc., Annual General Meeting, Jun 25, 2024.Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥114 (vs JP¥132 in FY 2023)Full year 2024 results: EPS: JP¥114 (down from JP¥132 in FY 2023). Revenue: JP¥22.4b (up 3.6% from FY 2023). Net income: JP¥2.36b (down 15% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 21Upcoming dividend of JP¥11.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%).お知らせ • Mar 02+ 3 more updatesSAN Holdings, Inc. to Report Q1, 2025 Results on Aug 08, 2024SAN Holdings, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥27.32 (vs JP¥34.10 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.32 (down from JP¥34.10 in 3Q 2023). Revenue: JP¥5.71b (up 1.5% from 3Q 2023). Net income: JP¥565.0m (down 21% from 3Q 2023). Profit margin: 9.9% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 24% per year.お知らせ • Nov 10SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 350,000 shares, representing 1.69% for ¥350 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 1.69% of its total shares outstanding excluding treasury shares, for a total of ¥350 million. The purpose of the program is to enhance the return of profits to shareholders and improve capital efficiency, while also responding to changes in the business environment to carry out flexible capital policy. The repurchase program is valid till April 30, 2024. As of October 31, 2023, the company had 20,722,412 shares outstanding excluding treasury shares and had 2,677,288 shares in treasury.Reported Earnings • Nov 10Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥5.33b (up 1.9% from 2Q 2023). Net income: JP¥588.0m (down 15% from 2Q 2023). Profit margin: 11% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥23.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.6%).Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥47.78 (vs JP¥49.39 in 1Q 2023)First quarter 2024 results: EPS: JP¥47.78 (down from JP¥49.39 in 1Q 2023). Revenue: JP¥5.08b (up 4.6% from 1Q 2023). Net income: JP¥497.0m (down 5.5% from 1Q 2023). Profit margin: 9.8% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥264 (vs JP¥188 in FY 2022)Full year 2023 results: EPS: JP¥264 (up from JP¥188 in FY 2022). Revenue: JP¥21.7b (up 8.3% from FY 2022). Net income: JP¥2.78b (up 36% from FY 2022). Profit margin: 13% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 13SAN Holdings, Inc., Annual General Meeting, Jun 27, 2023SAN Holdings, Inc., Annual General Meeting, Jun 27, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥21.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 9.6% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%).Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: JP¥68.20 (vs JP¥57.49 in 3Q 2022)Third quarter 2023 results: EPS: JP¥68.20 (up from JP¥57.49 in 3Q 2022). Revenue: JP¥5.63b (up 9.0% from 3Q 2022). Net income: JP¥716.0m (up 15% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.お知らせ • Feb 14SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 195,000 shares, representing 1.86% for ¥350 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 195,000 shares, representing 1.86% of its issued share capital for ¥350 million. The purpose of the program is to enhance the return of profits to shareholders, improve capital efficiency, and implement agile capital policies that respond to changes in the business environment. The program is valid till July 31, 2023. As of January 31, 2023, the company had 10,496,878 shares issued (excluding treasury stock) and 1,667,138 shares in treasury.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Outside Independent Director Kaoru Yokomise was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥65.55 (vs JP¥39.21 in 2Q 2022)Second quarter 2023 results: EPS: JP¥65.55 (up from JP¥39.21 in 2Q 2022). Revenue: JP¥5.23b (up 14% from 2Q 2022). Net income: JP¥692.0m (up 62% from 2Q 2022). Profit margin: 13% (up from 9.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.5%).Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥49.39 (vs JP¥55.27 in 1Q 2022)First quarter 2023 results: EPS: JP¥49.39 (down from JP¥55.27 in 1Q 2022). Revenue: JP¥4.86b (down 1.2% from 1Q 2022). Net income: JP¥526.0m (down 14% from 1Q 2022). Profit margin: 11% (down from 12% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 29+ 2 more updatesSAN Holdings, Inc. to Report Q3, 2023 Results on Feb 13, 2023SAN Holdings, Inc. announced that they will report Q3, 2023 results on Feb 13, 2023Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,766, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 67% over the past three years.Reported Earnings • May 17Full year 2022 earnings released: EPS: JP¥188 (vs JP¥141 in FY 2021)Full year 2022 results: EPS: JP¥188 (up from JP¥141 in FY 2021). Revenue: JP¥20.0b (up 6.0% from FY 2021). Net income: JP¥2.04b (up 31% from FY 2021). Profit margin: 10% (up from 8.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • May 14SAN Holdings, Inc., Annual General Meeting, Jun 24, 2022SAN Holdings, Inc., Annual General Meeting, Jun 24, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Exe. for Ac. Div. (Fin. Pl), Per. Div. (Pers. Pl.) & Corp. Plan. Div., GM of Corp Pl. Div. and Dir Yoshiyuki Yokota was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08SAN Holdings, Inc. to Report Fiscal Year 2022 Results on May 12, 2022SAN Holdings, Inc. announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.2%).Reported Earnings • Feb 09Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥57.49 (up from JP¥56.63 in 3Q 2021). Revenue: JP¥5.16b (down 3.5% from 3Q 2021). Net income: JP¥623.0m (flat on 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Nov 12Second quarter 2022 earnings released: EPS JP¥39.21 (vs JP¥28.57 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.60b (up 1.0% from 2Q 2021). Net income: JP¥428.0m (up 35% from 2Q 2021). Profit margin: 9.3% (up from 6.9% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥55.27 (vs JP¥14.66 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.92b (up 21% from 1Q 2021). Net income: JP¥610.0m (up 277% from 1Q 2021). Profit margin: 12% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥141 (vs JP¥166 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥18.9b (down 11% from FY 2020). Net income: JP¥1.56b (down 16% from FY 2020). Profit margin: 8.3% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.お知らせ • May 14SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 250,000 shares, representing 2.26% for ¥300 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.26% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to enhance the return of profits to shareholders, improve capital efficiency, and implement agile capital policies in response to changes in the business environment. The program will continue through October 29, 2021. As of April 30, 2021, the company had 11,072,999 issued shares (excluding treasury stock) and 1,091,017 treasury shares.Upcoming Dividend • Mar 23Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.9%).お知らせ • Mar 04SAN Holdings, Inc. to Report Fiscal Year 2021 Results on May 13, 2021SAN Holdings, Inc. announced that they will report fiscal year 2021 results on May 13, 2021Is New 90 Day High Low • Feb 19New 90-day low: JP¥1,116The company is down 6.0% from its price of JP¥1,190 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 1.0% over the same period.Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS JP¥56.63 (vs JP¥57.21 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥5.35b (down 6.8% from 3Q 2020). Net income: JP¥627.0m (down 2.3% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year.Is New 90 Day High Low • Jan 20New 90-day low: JP¥1,146The company is down 4.0% from its price of JP¥1,190 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 11% over the same period.株主還元9628JP Consumer ServicesJP 市場7D-0.1%-0.3%-3.5%1Y-8.9%4.4%37.4%株主還元を見る業界別リターン: 9628過去 1 年間で4.4 % の収益を上げたJP Consumer Services業界を下回りました。リターン対市場: 9628は、過去 1 年間で37.4 % のリターンを上げたJP市場を下回りました。価格変動Is 9628's price volatile compared to industry and market?9628 volatility9628 Average Weekly Movement3.0%Consumer Services Industry Average Movement3.7%Market Average Movement4.3%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.1%安定した株価: 9628 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 9628の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19321,153Satoshi Harishimawww.san-hd.co.jpSANホールディングスは日本で葬儀サービスを提供している。葬儀の前後に、相続などの手続きや住まいなどの相談・支援、不動産管理、お別れ会などのサービスやサポートを提供している。SANホールディングスは1932年に設立され、東京に本社を置く。もっと見るSAN Holdings, Inc. 基礎のまとめSAN Holdings の収益と売上を時価総額と比較するとどうか。9628 基礎統計学時価総額JP¥33.99b収益（TTM）JP¥4.50b売上高(TTM)JP¥37.87b7.6xPER（株価収益率0.9xP/Sレシオ9628 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計9628 損益計算書（TTM）収益JP¥37.87b売上原価JP¥30.83b売上総利益JP¥7.03bその他の費用JP¥2.53b収益JP¥4.50b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）188.67グロス・マージン18.57%純利益率11.88%有利子負債／自己資本比率30.5%9628 の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.8%現在の配当利回り13%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/19 22:36終値2026/07/17 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SAN Holdings, Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関null nullAstris Advisory Japan, K.K.
New Risk • Jun 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.1% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (17% increase in shares outstanding).
Reported Earnings • May 16Full year 2026 earnings released: EPS: JP¥213 (vs JP¥231 in FY 2025)Full year 2026 results: EPS: JP¥213 (down from JP¥231 in FY 2025). Revenue: JP¥37.9b (up 18% from FY 2025). Net income: JP¥4.50b (down 4.7% from FY 2025). Profit margin: 12% (down from 15% in FY 2025). Revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • May 15SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 400,000 shares, representing 1.67% for ¥500 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.67% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the buyback is to enhance shareholder returns and improve capital efficiency, as well as to implement a flexible capital policy in response to changes in the business environment. The program is valid till October 31, 2026 . As of April 30, 2026, the company had 24,002,348 shares outstanding and 197,652 treasury shares.
New Risk • Apr 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Large one-off items impacting financial results.
新しいナラティブ • Apr 14Forging ahead with an ambitious growth planQ3 FY8/26 results update Executing on growth; near-term profitability reflects investment cycle - Q1-3 FY8/26 revenue growth is strong, driven by the first full-year contribution from KIZUNA Holdings, though operating margins are impacted by goodwill amortization, new hall opening costs, and recruitment expenses. The acquisition of Cocolonet demonstrates that M&A remains central to SAN Holdings' growth strategy.
Buy Or Sell Opportunity • Mar 04Now 21% undervaluedOver the last 90 days, the stock has risen 7.2% to JP¥1,480. The fair value is estimated to be JP¥1,866, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 27%.
New Risk • Jun 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.1% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (17% increase in shares outstanding).
Reported Earnings • May 16Full year 2026 earnings released: EPS: JP¥213 (vs JP¥231 in FY 2025)Full year 2026 results: EPS: JP¥213 (down from JP¥231 in FY 2025). Revenue: JP¥37.9b (up 18% from FY 2025). Net income: JP¥4.50b (down 4.7% from FY 2025). Profit margin: 12% (down from 15% in FY 2025). Revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • May 15SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 400,000 shares, representing 1.67% for ¥500 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.67% of its issued share capital (excluding treasury stock) for ¥500 million. The purpose of the buyback is to enhance shareholder returns and improve capital efficiency, as well as to implement a flexible capital policy in response to changes in the business environment. The program is valid till October 31, 2026 . As of April 30, 2026, the company had 24,002,348 shares outstanding and 197,652 treasury shares.
New Risk • Apr 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Large one-off items impacting financial results.
新しいナラティブ • Apr 14Forging ahead with an ambitious growth planQ3 FY8/26 results update Executing on growth; near-term profitability reflects investment cycle - Q1-3 FY8/26 revenue growth is strong, driven by the first full-year contribution from KIZUNA Holdings, though operating margins are impacted by goodwill amortization, new hall opening costs, and recruitment expenses. The acquisition of Cocolonet demonstrates that M&A remains central to SAN Holdings' growth strategy.
Buy Or Sell Opportunity • Mar 04Now 21% undervaluedOver the last 90 days, the stock has risen 7.2% to JP¥1,480. The fair value is estimated to be JP¥1,866, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 27%.
お知らせ • Feb 15San Holdings, Inc. Provides Dividend Guidance for Year End of Fiscal Year Ending August 31, 2026, Scheduled Payment of November 2026SAN Holdings, Inc. provided dividend guidance for year end of Fiscal Year Ending August 31, 2026. For year end, the company expects dividend to be JPY 28.5 per share. Scheduled payment of November 2026. Record date of August 31, 2026.
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥24.14 (vs JP¥25.82 in 3Q 2025)Third quarter 2026 results: EPS: JP¥24.14 (down from JP¥25.82 in 3Q 2025). Revenue: JP¥9.57b (flat on 3Q 2025). Net income: JP¥498.0m (down 5.7% from 3Q 2025). Profit margin: 5.2% (down from 5.5% in 3Q 2025). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 14San Holdings, Inc. Announces Dividend for the Third Quarter End of Fiscal Year Ending August 31, 2026, Payable on March 5, 2026SAN Holdings, Inc. announced dividend for the third quarter end of Fiscal year ending August 31, 2026 of JPY 28.5 per share. Scheduled date of payment of dividend is March 5, 2026. Following the change in fiscal year-end, the dividend forecast covers the 17-month period from April 1, 2025 to August 31, 2026.
New Risk • Feb 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (190% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding).
分析記事 • Nov 21SAN Holdings' (TSE:9628) Earnings Are Weaker Than They SeemLast week's profit announcement from SAN Holdings, Inc. ( TSE:9628 ) was underwhelming for investors, despite headline...
New Risk • Nov 21New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 164% Dividend yield: 4.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (164% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Nov 18Second quarter 2026 earnings released: EPS: JP¥14.99 (vs JP¥19.18 in 2Q 2025)Second quarter 2026 results: EPS: JP¥14.99 (down from JP¥19.18 in 2Q 2025). Revenue: JP¥9.08b (up 60% from 2Q 2025). Net income: JP¥308.0m (down 21% from 2Q 2025). Profit margin: 3.4% (down from 6.9% in 2Q 2025). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 9.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
お知らせ • Oct 24SAN Holdings, Inc. (TSE:9628) executed share exchange agreement to acquire Cocolonet CO., LTD. (TSE:6060) for ¥4.7 billion.SAN Holdings, Inc. (TSE:9628) executed share exchange agreement to acquire Cocolonet CO., LTD. (TSE:6060) for ¥4.7 billion on October 23, 2025. The consideration consists of common equity of SAN Holdings, Inc. at a ratio of 0.9 per common equity of Cocolonet CO., LTD. As part of acquisition, 3,485,155 shares will be acquired. The transaction is subject to approval of offer by Cocolonet shareholders. Cocolonet shareholding meeting will be held on November 7, 2025. Cocolonet last trading date is January 28, 2026 and will be delisted on January 29, 2026. The expected completion of the transaction is February 1, 2026.
Reported Earnings • Aug 15First quarter 2026 earnings released: EPS: JP¥28.44 (vs JP¥27.00 in 1Q 2025)First quarter 2026 results: EPS: JP¥28.44 (up from JP¥27.00 in 1Q 2025). Revenue: JP¥9.15b (up 66% from 1Q 2025). Net income: JP¥582.0m (up 5.6% from 1Q 2025). Profit margin: 6.4% (down from 10.0% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year.
お知らせ • Jul 13SAN Holdings, Inc. to Report Q3, 2026 Results on Feb 13, 2026SAN Holdings, Inc. announced that they will report Q3, 2026 results on Feb 13, 2026
New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results.
分析記事 • May 15SAN Holdings' (TSE:9628) Earnings Are Weaker Than They SeemUnsurprisingly, SAN Holdings, Inc.'s ( TSE:9628 ) stock price was strong on the back of its healthy earnings report...
分析記事 • May 12SAN Holdings, Inc. (TSE:9628) Surges 26% Yet Its Low P/E Is No Reason For ExcitementDespite an already strong run, SAN Holdings, Inc. ( TSE:9628 ) shares have been powering on, with a gain of 26% in the...
New Risk • May 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results.
Reported Earnings • May 09Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥231 (up from JP¥114 in FY 2024). Revenue: JP¥32.0b (up 43% from FY 2024). Net income: JP¥4.72b (up 100% from FY 2024). Profit margin: 15% (up from 11% in FY 2024). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year.
お知らせ • May 08SAN Holdings, Inc., Annual General Meeting, Jun 25, 2025SAN Holdings, Inc., Annual General Meeting, Jun 25, 2025.
New Risk • Apr 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%).
お知らせ • Feb 28+ 2 more updatesSAN Holdings, Inc. to Report Fiscal Year 2025 Results on May 08, 2025SAN Holdings, Inc. announced that they will report fiscal year 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,236, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 59% over the past three years.
Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: JP¥25.82 (vs JP¥27.32 in 3Q 2024)Third quarter 2025 results: EPS: JP¥25.82 (down from JP¥27.32 in 3Q 2024). Revenue: JP¥9.58b (up 68% from 3Q 2024). Net income: JP¥528.0m (down 6.5% from 3Q 2024). Profit margin: 5.5% (down from 9.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
New Risk • Jan 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).
分析記事 • Dec 27SAN Holdings' (TSE:9628) Dividend Will Be ¥12.00SAN Holdings, Inc.'s ( TSE:9628 ) investors are due to receive a payment of ¥12.00 per share on 26th of June. This...
New Risk • Dec 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
分析記事 • Dec 13SAN Holdings (TSE:9628) Is Paying Out A Dividend Of ¥12.00The board of SAN Holdings, Inc. ( TSE:9628 ) has announced that it will pay a dividend on the 26th of June, with...
お知らせ • Dec 13SAN Holdings, Inc. Provides Dividend Guidance for the Fiscal Year Ending Mar. 31, 2025SAN Holdings, Inc. provided dividend guidance for the fiscal year ending Mar. 31, 2025. For the year, the company expects dividend of JPY 12.00 compared to JPY 12.00 per share a year ago.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,236, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 74% over the past three years.
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥19.18 (vs JP¥28.40 in 2Q 2024)Second quarter 2025 results: EPS: JP¥19.18 (down from JP¥28.40 in 2Q 2024). Revenue: JP¥5.67b (up 6.4% from 2Q 2024). Net income: JP¥392.0m (down 33% from 2Q 2024). Profit margin: 6.9% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.7%).
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.
お知らせ • Aug 29SAN Holdings, Inc. (TSE:9628) completed the acquisition of 92.49% stake in KIZUNA HOLDINGS Corp. (TSE:7086) from Advantage Partners V, Advantage Partners Investment Partnership No. 64, AP Cayman Partners III, L.P. managed by Advantage Partners, Inc,AP3 Co., Ltd. and others for ¥13.8 billion.SAN Holdings, Inc. (TSE:9628) signed a letter of intent to acquire KIZUNA HOLDINGS Corp. (TSE:7086) from Advantage Partners V, Advantage Partners Investment Partnership No. 64, AP Cayman Partners III, L.P. managed by Advantage Partners, Inc,AP3 Co., Ltd. and others for ¥14.9 billion on March 5, 2024. The Board of Directors of KIZUNA HOLDINGS Corp. formed a special committee for the transaction. The transaction is approved by KIZUNA HOLDINGS Corp.'s board of director's. The expected completion of the transaction is August 27, 2024. City-Yuwa Partners acted as legal advisor for SAN Holdings, Inc. SMBC Nikko Securities Inc. acted as financial advisor for SAN Holdings, Inc. Nomura Securities Co., Ltd. acted as financial advisor for special committee of KIZUNA HOLDINGS Corp. Anderson Mori & Tomotsune LPC acted as legal advisor for special committee of KIZUNA HOLDINGS Corp. es Networks Co., Ltd, Accounting & Auditing Arm acted as accountant for SAN Holdings, Inc. SAN Holdings, Inc. (TSE:9628) completed the acquisition of 92.49% stake in KIZUNA HOLDINGS Corp. (TSE:7086) from Advantage Partners V, Advantage Partners Investment Partnership No. 64, AP Cayman Partners III, L.P. managed by Advantage Partners, Inc,AP3 Co., Ltd. and others for ¥13.8 billion on August 27, 2024. SAN Holdings acquired 6,536,898 shares in the offer period.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,060, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 15x in the Consumer Services industry in Japan. Total returns to shareholders of 62% over the past three years.
New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jul 18Now 20% undervaluedOver the last 90 days, the stock has risen 25% to JP¥1,321. The fair value is estimated to be JP¥1,655, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 15%.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,360, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 17x in the Consumer Services industry in Japan. Total returns to shareholders of 132% over the past three years.
お知らせ • May 15SAN Holdings, Inc., Annual General Meeting, Jun 25, 2024SAN Holdings, Inc., Annual General Meeting, Jun 25, 2024.
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥114 (vs JP¥132 in FY 2023)Full year 2024 results: EPS: JP¥114 (down from JP¥132 in FY 2023). Revenue: JP¥22.4b (up 3.6% from FY 2023). Net income: JP¥2.36b (down 15% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥11.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%).
お知らせ • Mar 02+ 3 more updatesSAN Holdings, Inc. to Report Q1, 2025 Results on Aug 08, 2024SAN Holdings, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥27.32 (vs JP¥34.10 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.32 (down from JP¥34.10 in 3Q 2023). Revenue: JP¥5.71b (up 1.5% from 3Q 2023). Net income: JP¥565.0m (down 21% from 3Q 2023). Profit margin: 9.9% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 24% per year.
お知らせ • Nov 10SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 350,000 shares, representing 1.69% for ¥350 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 1.69% of its total shares outstanding excluding treasury shares, for a total of ¥350 million. The purpose of the program is to enhance the return of profits to shareholders and improve capital efficiency, while also responding to changes in the business environment to carry out flexible capital policy. The repurchase program is valid till April 30, 2024. As of October 31, 2023, the company had 20,722,412 shares outstanding excluding treasury shares and had 2,677,288 shares in treasury.
Reported Earnings • Nov 10Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥5.33b (up 1.9% from 2Q 2023). Net income: JP¥588.0m (down 15% from 2Q 2023). Profit margin: 11% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥23.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.6%).
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥47.78 (vs JP¥49.39 in 1Q 2023)First quarter 2024 results: EPS: JP¥47.78 (down from JP¥49.39 in 1Q 2023). Revenue: JP¥5.08b (up 4.6% from 1Q 2023). Net income: JP¥497.0m (down 5.5% from 1Q 2023). Profit margin: 9.8% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥264 (vs JP¥188 in FY 2022)Full year 2023 results: EPS: JP¥264 (up from JP¥188 in FY 2022). Revenue: JP¥21.7b (up 8.3% from FY 2022). Net income: JP¥2.78b (up 36% from FY 2022). Profit margin: 13% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 13SAN Holdings, Inc., Annual General Meeting, Jun 27, 2023SAN Holdings, Inc., Annual General Meeting, Jun 27, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥21.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 9.6% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%).
Reported Earnings • Feb 16Third quarter 2023 earnings released: EPS: JP¥68.20 (vs JP¥57.49 in 3Q 2022)Third quarter 2023 results: EPS: JP¥68.20 (up from JP¥57.49 in 3Q 2022). Revenue: JP¥5.63b (up 9.0% from 3Q 2022). Net income: JP¥716.0m (up 15% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Feb 14SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 195,000 shares, representing 1.86% for ¥350 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 195,000 shares, representing 1.86% of its issued share capital for ¥350 million. The purpose of the program is to enhance the return of profits to shareholders, improve capital efficiency, and implement agile capital policies that respond to changes in the business environment. The program is valid till July 31, 2023. As of January 31, 2023, the company had 10,496,878 shares issued (excluding treasury stock) and 1,667,138 shares in treasury.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Outside Independent Director Kaoru Yokomise was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥65.55 (vs JP¥39.21 in 2Q 2022)Second quarter 2023 results: EPS: JP¥65.55 (up from JP¥39.21 in 2Q 2022). Revenue: JP¥5.23b (up 14% from 2Q 2022). Net income: JP¥692.0m (up 62% from 2Q 2022). Profit margin: 13% (up from 9.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.5%).
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥49.39 (vs JP¥55.27 in 1Q 2022)First quarter 2023 results: EPS: JP¥49.39 (down from JP¥55.27 in 1Q 2022). Revenue: JP¥4.86b (down 1.2% from 1Q 2022). Net income: JP¥526.0m (down 14% from 1Q 2022). Profit margin: 11% (down from 12% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 29+ 2 more updatesSAN Holdings, Inc. to Report Q3, 2023 Results on Feb 13, 2023SAN Holdings, Inc. announced that they will report Q3, 2023 results on Feb 13, 2023
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,766, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 67% over the past three years.
Reported Earnings • May 17Full year 2022 earnings released: EPS: JP¥188 (vs JP¥141 in FY 2021)Full year 2022 results: EPS: JP¥188 (up from JP¥141 in FY 2021). Revenue: JP¥20.0b (up 6.0% from FY 2021). Net income: JP¥2.04b (up 31% from FY 2021). Profit margin: 10% (up from 8.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • May 14SAN Holdings, Inc., Annual General Meeting, Jun 24, 2022SAN Holdings, Inc., Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Exe. for Ac. Div. (Fin. Pl), Per. Div. (Pers. Pl.) & Corp. Plan. Div., GM of Corp Pl. Div. and Dir Yoshiyuki Yokota was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08SAN Holdings, Inc. to Report Fiscal Year 2022 Results on May 12, 2022SAN Holdings, Inc. announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.2%).
Reported Earnings • Feb 09Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥57.49 (up from JP¥56.63 in 3Q 2021). Revenue: JP¥5.16b (down 3.5% from 3Q 2021). Net income: JP¥623.0m (flat on 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 12Second quarter 2022 earnings released: EPS JP¥39.21 (vs JP¥28.57 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.60b (up 1.0% from 2Q 2021). Net income: JP¥428.0m (up 35% from 2Q 2021). Profit margin: 9.3% (up from 6.9% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥55.27 (vs JP¥14.66 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.92b (up 21% from 1Q 2021). Net income: JP¥610.0m (up 277% from 1Q 2021). Profit margin: 12% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥141 (vs JP¥166 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥18.9b (down 11% from FY 2020). Net income: JP¥1.56b (down 16% from FY 2020). Profit margin: 8.3% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.
お知らせ • May 14SAN Holdings, Inc. (TSE:9628) announces an Equity Buyback for 250,000 shares, representing 2.26% for ¥300 million.SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.26% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to enhance the return of profits to shareholders, improve capital efficiency, and implement agile capital policies in response to changes in the business environment. The program will continue through October 29, 2021. As of April 30, 2021, the company had 11,072,999 issued shares (excluding treasury stock) and 1,091,017 treasury shares.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.9%).
お知らせ • Mar 04SAN Holdings, Inc. to Report Fiscal Year 2021 Results on May 13, 2021SAN Holdings, Inc. announced that they will report fiscal year 2021 results on May 13, 2021
Is New 90 Day High Low • Feb 19New 90-day low: JP¥1,116The company is down 6.0% from its price of JP¥1,190 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 1.0% over the same period.
Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS JP¥56.63 (vs JP¥57.21 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥5.35b (down 6.8% from 3Q 2020). Net income: JP¥627.0m (down 2.3% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year.
Is New 90 Day High Low • Jan 20New 90-day low: JP¥1,146The company is down 4.0% from its price of JP¥1,190 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 11% over the same period.
