View ValuationSALA 将来の成長Future 基準チェック /06現在、 SALAの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Oil and Gas 収益成長2.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報お知らせ • Jan 14+ 3 more updatesSALA Corporation Provides Consolidated Earnings Guidance for the Six Months Ending May 31, 2026 and Full Year Ending December 31, 2026SALA Corporation provided consolidated earnings guidance for the six months ending May 31, 2026 and full year ending December 31, 2026. For the six months, the company expects net sales of JPY 132,000 million, operating income of JPY 6,000million, profit attributable to owners of parent of JPY 4,100 million or JPY 63.85 per share. For the year, the company expects net sales of JPY 260,000 million, operating income of JPY 7,500 million, profit attributable to owners of parent of JPY 5,200 million or JPY 80.98 per share.お知らせ • Jul 10+ 2 more updatesSALA Corporation Provides Consolidated Earnings Guidance for the Year Ending November 30, 2024SALA Corporation provided consolidated earnings guidance for the year ending November 30, 2024. For the year, the company expects net sales of ¥255,000 million, operating profit of ¥6,300 million, profit attributable to owners of parent of ¥5,400 million and basic earnings per share of ¥84.44.お知らせ • Oct 11+ 1 more updateSALA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2023SALA Corporation provided consolidated earnings guidance for the fiscal year ending November 30, 2023. For the period, the company expects net sales of JPY 250,000 million, operating profit of JPY 5,500 million, profit attributable to owners of parent of JPY 5,400 million and basic earnings per share of JPY 84.64.お知らせ • Oct 12+ 1 more updateSALA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2022SALA Corporation provided consolidated earnings guidance for the fiscal year ending November 30, 2022. For the year, the company expects net sales of JPY 224,000 million, operating profit of JPY 6,800 million, profit attributable to owners of parent of JPY 4,900 million and basic earnings per share of JPY 76.99.すべての更新を表示Recent updatesUpcoming Dividend • May 21Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%).Reported Earnings • Apr 09First quarter 2026 earnings released: EPS: JP¥49.64 (vs JP¥37.01 in 1Q 2025)First quarter 2026 results: EPS: JP¥49.64 (up from JP¥37.01 in 1Q 2025). Revenue: JP¥66.2b (flat on 1Q 2025). Net income: JP¥3.19b (up 34% from 1Q 2025). Profit margin: 4.8% (up from 3.6% in 1Q 2025). 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 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 02SALA Corporation to Report Q1, 2026 Results on Apr 07, 2026SALA Corporation announced that they will report Q1, 2026 results on Apr 07, 2026Declared Dividend • Mar 21Final dividend of JP¥16.00 announcedShareholders will receive a dividend of JP¥16.00. Ex-date: 28th May 2026 Payment date: 31st July 2026 Dividend yield will be 3.0%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 02+ 1 more updateSALA Corporation has filed a Follow-on Equity Offering.SALA Corporation has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 5,157,100分析記事 • Jan 20Impressive Earnings May Not Tell The Whole Story For SALA (TSE:2734)Investors were disappointed with SALA Corporation's ( TSE:2734 ) earnings, despite the strong profit numbers. Our...Reported Earnings • Jan 14Full year 2025 earnings released: EPS: JP¥91.43 (vs JP¥81.89 in FY 2024)Full year 2025 results: EPS: JP¥91.43 (up from JP¥81.89 in FY 2024). Revenue: JP¥251.5b (up 4.6% from FY 2024). Net income: JP¥5.87b (up 12% from FY 2024). Profit margin: 2.3% (up from 2.2% in FY 2024). 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 14% per year, which means it is well ahead of earnings.お知らせ • Jan 14+ 3 more updatesSALA Corporation Provides Consolidated Earnings Guidance for the Six Months Ending May 31, 2026 and Full Year Ending December 31, 2026SALA Corporation provided consolidated earnings guidance for the six months ending May 31, 2026 and full year ending December 31, 2026. For the six months, the company expects net sales of JPY 132,000 million, operating income of JPY 6,000million, profit attributable to owners of parent of JPY 4,100 million or JPY 63.85 per share. For the year, the company expects net sales of JPY 260,000 million, operating income of JPY 7,500 million, profit attributable to owners of parent of JPY 5,200 million or JPY 80.98 per share.お知らせ • Jan 13SALA Corporation, Annual General Meeting, Feb 20, 2026SALA Corporation, Annual General Meeting, Feb 20, 2026.お知らせ • Nov 27SALA Corporation to Report Fiscal Year 2025 Results on Jan 13, 2026SALA Corporation announced that they will report fiscal year 2025 results on Jan 13, 2026Upcoming Dividend • Nov 20Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%).Reported Earnings • Oct 08Third quarter 2025 earnings released: EPS: JP¥15.32 (vs JP¥5.05 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥15.32 (up from JP¥5.05 loss in 3Q 2024). Revenue: JP¥55.7b (down 3.2% from 3Q 2024). Net income: JP¥984.0m (up JP¥1.31b from 3Q 2024). Profit margin: 1.8% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Declared Dividend • Aug 01First half dividend of JP¥16.00 announcedShareholders will receive a dividend of JP¥16.00. Ex-date: 27th November 2025 Payment date: 2nd February 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 53% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.8% EPS decline seen over the last 5 years.お知らせ • Jul 26SALA Corporation to Report Q3, 2025 Results on Oct 07, 2025SALA Corporation announced that they will report Q3, 2025 results on Oct 07, 2025Reported Earnings • Jul 10Second quarter 2025 earnings released: EPS: JP¥26.11 (vs JP¥36.94 in 2Q 2024)Second quarter 2025 results: EPS: JP¥26.11 (down from JP¥36.94 in 2Q 2024). Revenue: JP¥65.3b (up 9.3% from 2Q 2024). Net income: JP¥1.68b (down 29% from 2Q 2024). Profit margin: 2.6% (down from 4.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Jul 08Sala Corporation Announces Dividend for the Second Quarter Ended May 31, 2025, Payable on July 31, 2025SALA Corporation announced dividend for the second quarter ended May 31, 2025. For the second quarter, the company announced to pay JPY 16.00 per share against JPY 13.00 per share in the previous year. Scheduled date to commence dividend payments: July 31, 2025.分析記事 • May 27SALA (TSE:2734) Will Pay A Dividend Of ¥16.00The board of SALA Corporation ( TSE:2734 ) has announced that it will pay a dividend on the 31st of July, with...お知らせ • May 27SALA Corporation to Report Q2, 2025 Results on Jul 08, 2025SALA Corporation announced that they will report Q2, 2025 results on Jul 08, 2025Upcoming Dividend • May 22Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (4.2%).分析記事 • Apr 10SALA (TSE:2734) Will Pay A Dividend Of ¥16.00SALA Corporation ( TSE:2734 ) has announced that it will pay a dividend of ¥16.00 per share on the 31st of July. This...New Risk • Apr 09New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (339% cash payout ratio).New Risk • Apr 08New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Apr 08First quarter 2025 earnings released: EPS: JP¥37.01 (vs JP¥30.29 in 1Q 2024)First quarter 2025 results: EPS: JP¥37.01 (up from JP¥30.29 in 1Q 2024). Revenue: JP¥66.0b (up 12% from 1Q 2024). Net income: JP¥2.38b (up 23% from 1Q 2024). Profit margin: 3.6% (up from 3.3% in 1Q 2024). 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 8% per year, which means it is well ahead of earnings.分析記事 • Apr 08SALA's (TSE:2734) Returns Have Hit A WallDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...分析記事 • Mar 08SALA's (TSE:2734) Dividend Will Be ¥16.00The board of SALA Corporation ( TSE:2734 ) has announced that it will pay a dividend on the 31st of July, with...Declared Dividend • Mar 08Final dividend of JP¥16.00 announcedShareholders will receive a dividend of JP¥16.00. Ex-date: 29th May 2025 Payment date: 31st July 2025 Dividend yield will be 3.8%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Mar 01SALA Corporation to Report Q1, 2025 Results on Apr 07, 2025SALA Corporation announced that they will report Q1, 2025 results on Apr 07, 2025Reported Earnings • Jan 15Full year 2024 earnings released: EPS: JP¥81.89 (vs JP¥95.45 in FY 2023)Full year 2024 results: EPS: JP¥81.89 (down from JP¥95.45 in FY 2023). Revenue: JP¥240.5b (flat on FY 2023). Net income: JP¥5.25b (down 14% from FY 2023). Profit margin: 2.2% (down from 2.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 14SALA Corporation, Annual General Meeting, Feb 21, 2025SALA Corporation, Annual General Meeting, Feb 21, 2025.Buy Or Sell Opportunity • Dec 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.6% to JP¥905. The fair value is estimated to be JP¥753, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%.Upcoming Dividend • Nov 21Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 28 November 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.7%).分析記事 • Nov 01SALA (TSE:2734) Is Increasing Its Dividend To ¥17.00SALA Corporation ( TSE:2734 ) has announced that it will be increasing its dividend from last year's comparable payment...お知らせ • Nov 01SALA Corporation to Report Fiscal Year 2024 Results on Jan 14, 2025SALA Corporation announced that they will report fiscal year 2024 results on Jan 14, 2025Buy Or Sell Opportunity • Oct 15Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 3.7% to JP¥864. The fair value is estimated to be JP¥719, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%.Reported Earnings • Oct 09Third quarter 2024 earnings released: JP¥5.05 loss per share (vs JP¥2.42 profit in 3Q 2023)Third quarter 2024 results: JP¥5.05 loss per share (down from JP¥2.42 profit in 3Q 2023). Revenue: JP¥57.5b (up 4.0% from 3Q 2023). Net loss: JP¥324.0m (down 309% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Aug 09SALA's (TSE:2734) Dividend Will Be Increased To ¥17.00SALA Corporation's ( TSE:2734 ) dividend will be increasing from last year's payment of the same period to ¥17.00 on...お知らせ • Jul 31SALA Corporation to Report Q3, 2024 Results on Oct 04, 2024SALA Corporation announced that they will report Q3, 2024 results on Oct 04, 2024分析記事 • Jul 26SALA (TSE:2734) Has Announced That It Will Be Increasing Its Dividend To ¥17.00The board of SALA Corporation ( TSE:2734 ) has announced that it will be paying its dividend of ¥17.00 on the 31st of...分析記事 • Jul 21Concerns Surrounding SALA's (TSE:2734) PerformanceThe stock price didn't jump after SALA Corporation ( TSE:2734 ) posted decent earnings last week. Our analysis showed...分析記事 • Jul 12SALA's (TSE:2734) Upcoming Dividend Will Be Larger Than Last Year'sThe board of SALA Corporation ( TSE:2734 ) has announced that it will be paying its dividend of ¥17.00 on the 31st of...お知らせ • Jul 10+ 2 more updatesSALA Corporation Provides Consolidated Earnings Guidance for the Year Ending November 30, 2024SALA Corporation provided consolidated earnings guidance for the year ending November 30, 2024. For the year, the company expects net sales of ¥255,000 million, operating profit of ¥6,300 million, profit attributable to owners of parent of ¥5,400 million and basic earnings per share of ¥84.44.Declared Dividend • Jul 08First half dividend of JP¥17.00 announcedShareholders will receive a dividend of JP¥17.00. Ex-date: 28th November 2024 Payment date: 31st January 2025 Dividend yield will be 3.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 07Second quarter 2024 earnings released: EPS: JP¥36.94 (vs JP¥43.78 in 2Q 2023)Second quarter 2024 results: EPS: JP¥36.94 (down from JP¥43.78 in 2Q 2023). Revenue: JP¥59.7b (down 3.4% from 2Q 2023). Net income: JP¥2.37b (down 15% from 2Q 2023). Profit margin: 4.0% (down from 4.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.Upcoming Dividend • May 23Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.0%).お知らせ • Apr 29SALA Corporation to Report Q2, 2024 Results on Jul 05, 2024SALA Corporation announced that they will report Q2, 2024 results on Jul 05, 2024分析記事 • Apr 26SALA (TSE:2734) Is Paying Out A Dividend Of ¥13.00The board of SALA Corporation ( TSE:2734 ) has announced that it will pay a dividend of ¥13.00 per share on the 31st of...分析記事 • Apr 11SALA's (TSE:2734) Dividend Will Be ¥13.00SALA Corporation ( TSE:2734 ) will pay a dividend of ¥13.00 on the 31st of July. Based on this payment, the dividend...お知らせ • Apr 10SALA Corporation Provides Dividend Guidance for the Six Months Ending May 31, 2024SALA Corporation provided dividend guidance for the six months ending May 31, 2024. For the period, the company expects to pay a dividend of JPY 13.00 per share against JPY 13.00 per share paid a year ago.Reported Earnings • Apr 07First quarter 2024 earnings released: EPS: JP¥30.29 (vs JP¥30.58 in 1Q 2023)First quarter 2024 results: EPS: JP¥30.29 (down from JP¥30.58 in 1Q 2023). Revenue: JP¥59.2b (down 7.8% from 1Q 2023). Net income: JP¥1.94b (flat on 1Q 2023). Profit margin: 3.3% (up from 3.0% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.New Risk • Mar 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Declared Dividend • Mar 04Final dividend of JP¥13.00 announcedShareholders will receive a dividend of JP¥13.00. Ex-date: 30th May 2024 Payment date: 31st July 2024 Dividend yield will be 3.3%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • Mar 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Tetsuo Agata was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Feb 28SALA Corporation to Report Q1, 2024 Results on Apr 05, 2024SALA Corporation announced that they will report Q1, 2024 results on Apr 05, 2024お知らせ • Jan 19+ 3 more updatesSALA Corporation Declares Dividend for the Year Ended November 30, 2023, Payable on January 31, 2024SALA Corporation declared a dividend of ¥13 per share for the year ended November 30, 2023, payable on January 31, 2024.Reported Earnings • Jan 14Full year 2023 earnings released: EPS: JP¥95.45 (vs JP¥89.12 in FY 2022)Full year 2023 results: EPS: JP¥95.45 (up from JP¥89.12 in FY 2022). Revenue: JP¥242.1b (up 3.1% from FY 2022). Net income: JP¥6.10b (up 7.3% from FY 2022). Profit margin: 2.5% (up from 2.4% 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 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 14SALA Corporation, Annual General Meeting, Feb 16, 2024SALA Corporation, Annual General Meeting, Feb 16, 2024.Upcoming Dividend • Nov 22Upcoming dividend of JP¥13.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 31 January 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.6%).お知らせ • Nov 01SALA Corporation to Report Fiscal Year 2023 Results on Jan 12, 2024SALA Corporation announced that they will report fiscal year 2023 results on Jan 12, 2024お知らせ • Oct 11+ 1 more updateSALA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2023SALA Corporation provided consolidated earnings guidance for the fiscal year ending November 30, 2023. For the period, the company expects net sales of JPY 250,000 million, operating profit of JPY 5,500 million, profit attributable to owners of parent of JPY 5,400 million and basic earnings per share of JPY 84.64.Reported Earnings • Oct 07Third quarter 2023 earnings released: EPS: JP¥2.42 (vs JP¥8.61 in 3Q 2022)Third quarter 2023 results: EPS: JP¥2.42 (down from JP¥8.61 in 3Q 2022). Revenue: JP¥55.3b (up 1.0% from 3Q 2022). Net income: JP¥155.0m (down 72% from 3Q 2022). Profit margin: 0.3% (down from 1.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.お知らせ • Aug 03SALA Corporation to Report Q3, 2023 Results on Oct 06, 2023SALA Corporation announced that they will report Q3, 2023 results on Oct 06, 2023New Risk • Jul 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.お知らせ • Jul 12+ 2 more updatesSALA Corporation Announces Dividend for the Second Quarter Ended May 31, 2023, Payable on July 31, 2023SALA Corporation announced dividend for the second quarter ended May 31, 2023 of JPY 13.00 per share compared to JPY 11.00 per share paid a year ago. Scheduled date to commence dividend payments is July 31, 2023.New Risk • Jul 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Jul 08Second quarter 2023 earnings released: EPS: JP¥43.78 (vs JP¥40.13 in 2Q 2022)Second quarter 2023 results: EPS: JP¥43.78 (up from JP¥40.13 in 2Q 2022). Revenue: JP¥61.8b (up 3.3% from 2Q 2022). Net income: JP¥2.80b (up 9.3% from 2Q 2022). Profit margin: 4.5% (up from 4.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.Upcoming Dividend • May 23Upcoming dividend of JP¥13.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (4.0%).Reported Earnings • Apr 08First quarter 2023 earnings released: EPS: JP¥30.58 (vs JP¥35.23 in 1Q 2022)First quarter 2023 results: EPS: JP¥30.58 (down from JP¥35.23 in 1Q 2022). Revenue: JP¥64.2b (up 9.7% from 1Q 2022). Net income: JP¥1.95b (down 13% from 1Q 2022). Profit margin: 3.0% (down from 3.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.お知らせ • Jan 29SALA Corporation to Report Q1, 2023 Results on Apr 07, 2023SALA Corporation announced that they will report Q1, 2023 results on Apr 07, 2023お知らせ • Jan 14SALA Corporation, Annual General Meeting, Feb 17, 2023SALA Corporation, Annual General Meeting, Feb 17, 2023.Reported Earnings • Jan 13Full year 2022 earnings released: EPS: JP¥89.12 (vs JP¥83.12 in FY 2021)Full year 2022 results: EPS: JP¥89.12 (up from JP¥83.12 in FY 2021). Revenue: JP¥234.8b (up 3.0% from FY 2021). Net income: JP¥5.68b (up 8.0% from FY 2021). Profit margin: 2.4% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Nov 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.7%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Tetsuo Agata 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.お知らせ • Nov 01SALA Corporation to Report Fiscal Year 2022 Results on Jan 12, 2023SALA Corporation announced that they will report fiscal year 2022 results on Jan 12, 2023お知らせ • Oct 12+ 1 more updateSALA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2022SALA Corporation provided consolidated earnings guidance for the fiscal year ending November 30, 2022. For the year, the company expects net sales of JPY 224,000 million, operating profit of JPY 6,800 million, profit attributable to owners of parent of JPY 4,900 million and basic earnings per share of JPY 76.99.Reported Earnings • Oct 09Third quarter 2022 earnings released: EPS: JP¥8.61 (vs JP¥6.09 in 3Q 2021)Third quarter 2022 results: EPS: JP¥8.61 (up from JP¥6.09 in 3Q 2021). Revenue: JP¥54.7b (up 1.9% from 3Q 2021). Net income: JP¥549.0m (up 42% from 3Q 2021). Profit margin: 1.0% (up from 0.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥816, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 9x in the Oil and Gas industry in Japan. Total returns to shareholders of 58% over the past three years.お知らせ • Aug 03SALA Corporation to Report Q3, 2022 Results on Oct 07, 2022SALA Corporation announced that they will report Q3, 2022 results on Oct 07, 2022お知らせ • Jul 12+ 1 more updateSALA Corporation Announces Dividend for the Second Quarter Ended May 31, 2022, Payable on July 29, 2022; Provides Dividend Guidance for the Fiscal Year Ending November 30, 2022SALA Corporation announced dividend for the second quarter ended May 31, 2022 of JPY 11.00 per share compared to JPY 10.00 per share paid a year ago. Scheduled date to commence dividend payments is July 29, 2022.For the fiscal year ending November 30, 2022, the company expects to pay dividend of JPY 14.00 per share.Reported Earnings • Jul 10Second quarter 2022 earnings released: EPS: JP¥40.13 (vs JP¥44.12 in 2Q 2021)Second quarter 2022 results: EPS: JP¥40.13 (down from JP¥44.12 in 2Q 2021). Revenue: JP¥59.8b (down 2.4% from 2Q 2021). Net income: JP¥2.56b (down 8.3% from 2Q 2021). Profit margin: 4.3% (down from 4.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.お知らせ • May 29SALA Corporation to Report Q2, 2022 Results on Jul 06, 2022SALA Corporation announced that they will report Q2, 2022 results on Jul 06, 2022Upcoming Dividend • May 23Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 August 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.7%).Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Tetsuo Agata 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.お知らせ • Apr 11+ 1 more updateSALA Corporation Provides Dividend Guidance for the Second Quarter of the Year Ending November 30, 2022SALA Corporation provided dividend guidance for the second quarter of the year ending November 30, 2022. For the quarter, the company expected dividend of JPY 11.00 per share against JPY 10.00 per share paid a year ago. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、SALA は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TSE:2734 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数2/28/2026251,7906,6831,04715,481N/A11/30/2025251,5335,8704,81016,160N/A8/31/2025251,0006,3044,19415,450N/A5/31/2025252,8544,9964,12115,100N/A2/28/2025247,3185,68760610,489N/A11/30/2024240,4985,2492,79114,243N/A8/31/2024237,1935,1761,59712,895N/A5/31/2024234,9805,655-1,6018,261N/A2/29/2024237,0716,085N/AN/AN/A11/30/2023242,0596,099-1,2025,762N/A8/31/2023243,1185,235N/AN/AN/A5/31/2023242,5475,629-5685,805N/A2/28/2023240,5475,390N/AN/AN/A11/30/2022234,8485,6824,3259,930N/A8/31/2022233,4045,461N/AN/AN/A5/31/2022232,3965,29812,12918,449N/A2/28/2022233,8975,529N/AN/AN/A11/30/2021227,9355,26210,14715,816N/A8/31/2021221,8854,075N/AN/AN/A5/31/2021214,7563,6266,82312,041N/A2/28/2021210,9053,437N/AN/AN/A11/30/2020211,7023,4934,04110,791N/A8/31/2020216,8665,221N/AN/AN/A5/31/2020217,4305,5847549,501N/A2/29/2020216,3015,363N/AN/AN/A11/30/2019213,8104,815N/A7,252N/A8/31/2019208,7674,534N/AN/AN/A5/31/2019207,3634,165N/A5,091N/A2/28/2019207,7344,056N/AN/AN/A11/30/2018208,6003,653N/A5,528N/A8/31/2018205,0922,531N/AN/AN/A5/31/2018202,2742,123N/A6,106N/A2/28/2018203,8312,337N/AN/AN/A11/30/2017199,6752,772N/A12,425N/A8/31/2017196,317-72N/AN/AN/A5/31/2017189,6839,663N/A11,563N/A2/28/2017166,1208,556N/AN/AN/A11/30/2016148,9537,926N/A6,830N/A8/31/2016133,32511,536N/AN/AN/A5/31/2016125,4722,150N/A5,722N/A2/29/2016126,8211,824N/AN/AN/A11/30/2015130,2011,928N/A7,215N/A8/31/2015132,4222,027N/AN/AN/A5/31/2015132,9081,563N/A6,866N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 2734の予測収益成長が 貯蓄率 ( 0.8% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 2734の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 2734の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 2734の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 2734の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 2734の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance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2026/05/22 03:52終値2026/05/22 00:00収益2026/02/28年間収益2025/11/30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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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SALA Corporation 0 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Koichi HariyaIchiyoshi Research Institute Inc.
お知らせ • Jan 14+ 3 more updatesSALA Corporation Provides Consolidated Earnings Guidance for the Six Months Ending May 31, 2026 and Full Year Ending December 31, 2026SALA Corporation provided consolidated earnings guidance for the six months ending May 31, 2026 and full year ending December 31, 2026. For the six months, the company expects net sales of JPY 132,000 million, operating income of JPY 6,000million, profit attributable to owners of parent of JPY 4,100 million or JPY 63.85 per share. For the year, the company expects net sales of JPY 260,000 million, operating income of JPY 7,500 million, profit attributable to owners of parent of JPY 5,200 million or JPY 80.98 per share.
お知らせ • Jul 10+ 2 more updatesSALA Corporation Provides Consolidated Earnings Guidance for the Year Ending November 30, 2024SALA Corporation provided consolidated earnings guidance for the year ending November 30, 2024. For the year, the company expects net sales of ¥255,000 million, operating profit of ¥6,300 million, profit attributable to owners of parent of ¥5,400 million and basic earnings per share of ¥84.44.
お知らせ • Oct 11+ 1 more updateSALA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2023SALA Corporation provided consolidated earnings guidance for the fiscal year ending November 30, 2023. For the period, the company expects net sales of JPY 250,000 million, operating profit of JPY 5,500 million, profit attributable to owners of parent of JPY 5,400 million and basic earnings per share of JPY 84.64.
お知らせ • Oct 12+ 1 more updateSALA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2022SALA Corporation provided consolidated earnings guidance for the fiscal year ending November 30, 2022. For the year, the company expects net sales of JPY 224,000 million, operating profit of JPY 6,800 million, profit attributable to owners of parent of JPY 4,900 million and basic earnings per share of JPY 76.99.
Upcoming Dividend • May 21Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%).
Reported Earnings • Apr 09First quarter 2026 earnings released: EPS: JP¥49.64 (vs JP¥37.01 in 1Q 2025)First quarter 2026 results: EPS: JP¥49.64 (up from JP¥37.01 in 1Q 2025). Revenue: JP¥66.2b (flat on 1Q 2025). Net income: JP¥3.19b (up 34% from 1Q 2025). Profit margin: 4.8% (up from 3.6% in 1Q 2025). 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 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 02SALA Corporation to Report Q1, 2026 Results on Apr 07, 2026SALA Corporation announced that they will report Q1, 2026 results on Apr 07, 2026
Declared Dividend • Mar 21Final dividend of JP¥16.00 announcedShareholders will receive a dividend of JP¥16.00. Ex-date: 28th May 2026 Payment date: 31st July 2026 Dividend yield will be 3.0%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 02+ 1 more updateSALA Corporation has filed a Follow-on Equity Offering.SALA Corporation has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 5,157,100
分析記事 • Jan 20Impressive Earnings May Not Tell The Whole Story For SALA (TSE:2734)Investors were disappointed with SALA Corporation's ( TSE:2734 ) earnings, despite the strong profit numbers. Our...
Reported Earnings • Jan 14Full year 2025 earnings released: EPS: JP¥91.43 (vs JP¥81.89 in FY 2024)Full year 2025 results: EPS: JP¥91.43 (up from JP¥81.89 in FY 2024). Revenue: JP¥251.5b (up 4.6% from FY 2024). Net income: JP¥5.87b (up 12% from FY 2024). Profit margin: 2.3% (up from 2.2% in FY 2024). 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 14% per year, which means it is well ahead of earnings.
お知らせ • Jan 14+ 3 more updatesSALA Corporation Provides Consolidated Earnings Guidance for the Six Months Ending May 31, 2026 and Full Year Ending December 31, 2026SALA Corporation provided consolidated earnings guidance for the six months ending May 31, 2026 and full year ending December 31, 2026. For the six months, the company expects net sales of JPY 132,000 million, operating income of JPY 6,000million, profit attributable to owners of parent of JPY 4,100 million or JPY 63.85 per share. For the year, the company expects net sales of JPY 260,000 million, operating income of JPY 7,500 million, profit attributable to owners of parent of JPY 5,200 million or JPY 80.98 per share.
お知らせ • Jan 13SALA Corporation, Annual General Meeting, Feb 20, 2026SALA Corporation, Annual General Meeting, Feb 20, 2026.
お知らせ • Nov 27SALA Corporation to Report Fiscal Year 2025 Results on Jan 13, 2026SALA Corporation announced that they will report fiscal year 2025 results on Jan 13, 2026
Upcoming Dividend • Nov 20Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%).
Reported Earnings • Oct 08Third quarter 2025 earnings released: EPS: JP¥15.32 (vs JP¥5.05 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥15.32 (up from JP¥5.05 loss in 3Q 2024). Revenue: JP¥55.7b (down 3.2% from 3Q 2024). Net income: JP¥984.0m (up JP¥1.31b from 3Q 2024). Profit margin: 1.8% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Declared Dividend • Aug 01First half dividend of JP¥16.00 announcedShareholders will receive a dividend of JP¥16.00. Ex-date: 27th November 2025 Payment date: 2nd February 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 53% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.8% EPS decline seen over the last 5 years.
お知らせ • Jul 26SALA Corporation to Report Q3, 2025 Results on Oct 07, 2025SALA Corporation announced that they will report Q3, 2025 results on Oct 07, 2025
Reported Earnings • Jul 10Second quarter 2025 earnings released: EPS: JP¥26.11 (vs JP¥36.94 in 2Q 2024)Second quarter 2025 results: EPS: JP¥26.11 (down from JP¥36.94 in 2Q 2024). Revenue: JP¥65.3b (up 9.3% from 2Q 2024). Net income: JP¥1.68b (down 29% from 2Q 2024). Profit margin: 2.6% (down from 4.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Jul 08Sala Corporation Announces Dividend for the Second Quarter Ended May 31, 2025, Payable on July 31, 2025SALA Corporation announced dividend for the second quarter ended May 31, 2025. For the second quarter, the company announced to pay JPY 16.00 per share against JPY 13.00 per share in the previous year. Scheduled date to commence dividend payments: July 31, 2025.
分析記事 • May 27SALA (TSE:2734) Will Pay A Dividend Of ¥16.00The board of SALA Corporation ( TSE:2734 ) has announced that it will pay a dividend on the 31st of July, with...
お知らせ • May 27SALA Corporation to Report Q2, 2025 Results on Jul 08, 2025SALA Corporation announced that they will report Q2, 2025 results on Jul 08, 2025
Upcoming Dividend • May 22Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (4.2%).
分析記事 • Apr 10SALA (TSE:2734) Will Pay A Dividend Of ¥16.00SALA Corporation ( TSE:2734 ) has announced that it will pay a dividend of ¥16.00 per share on the 31st of July. This...
New Risk • Apr 09New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (339% cash payout ratio).
New Risk • Apr 08New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Apr 08First quarter 2025 earnings released: EPS: JP¥37.01 (vs JP¥30.29 in 1Q 2024)First quarter 2025 results: EPS: JP¥37.01 (up from JP¥30.29 in 1Q 2024). Revenue: JP¥66.0b (up 12% from 1Q 2024). Net income: JP¥2.38b (up 23% from 1Q 2024). Profit margin: 3.6% (up from 3.3% in 1Q 2024). 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 8% per year, which means it is well ahead of earnings.
分析記事 • Apr 08SALA's (TSE:2734) Returns Have Hit A WallDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
分析記事 • Mar 08SALA's (TSE:2734) Dividend Will Be ¥16.00The board of SALA Corporation ( TSE:2734 ) has announced that it will pay a dividend on the 31st of July, with...
Declared Dividend • Mar 08Final dividend of JP¥16.00 announcedShareholders will receive a dividend of JP¥16.00. Ex-date: 29th May 2025 Payment date: 31st July 2025 Dividend yield will be 3.8%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Mar 01SALA Corporation to Report Q1, 2025 Results on Apr 07, 2025SALA Corporation announced that they will report Q1, 2025 results on Apr 07, 2025
Reported Earnings • Jan 15Full year 2024 earnings released: EPS: JP¥81.89 (vs JP¥95.45 in FY 2023)Full year 2024 results: EPS: JP¥81.89 (down from JP¥95.45 in FY 2023). Revenue: JP¥240.5b (flat on FY 2023). Net income: JP¥5.25b (down 14% from FY 2023). Profit margin: 2.2% (down from 2.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 14SALA Corporation, Annual General Meeting, Feb 21, 2025SALA Corporation, Annual General Meeting, Feb 21, 2025.
Buy Or Sell Opportunity • Dec 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.6% to JP¥905. The fair value is estimated to be JP¥753, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%.
Upcoming Dividend • Nov 21Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 28 November 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.7%).
分析記事 • Nov 01SALA (TSE:2734) Is Increasing Its Dividend To ¥17.00SALA Corporation ( TSE:2734 ) has announced that it will be increasing its dividend from last year's comparable payment...
お知らせ • Nov 01SALA Corporation to Report Fiscal Year 2024 Results on Jan 14, 2025SALA Corporation announced that they will report fiscal year 2024 results on Jan 14, 2025
Buy Or Sell Opportunity • Oct 15Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 3.7% to JP¥864. The fair value is estimated to be JP¥719, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%.
Reported Earnings • Oct 09Third quarter 2024 earnings released: JP¥5.05 loss per share (vs JP¥2.42 profit in 3Q 2023)Third quarter 2024 results: JP¥5.05 loss per share (down from JP¥2.42 profit in 3Q 2023). Revenue: JP¥57.5b (up 4.0% from 3Q 2023). Net loss: JP¥324.0m (down 309% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Aug 09SALA's (TSE:2734) Dividend Will Be Increased To ¥17.00SALA Corporation's ( TSE:2734 ) dividend will be increasing from last year's payment of the same period to ¥17.00 on...
お知らせ • Jul 31SALA Corporation to Report Q3, 2024 Results on Oct 04, 2024SALA Corporation announced that they will report Q3, 2024 results on Oct 04, 2024
分析記事 • Jul 26SALA (TSE:2734) Has Announced That It Will Be Increasing Its Dividend To ¥17.00The board of SALA Corporation ( TSE:2734 ) has announced that it will be paying its dividend of ¥17.00 on the 31st of...
分析記事 • Jul 21Concerns Surrounding SALA's (TSE:2734) PerformanceThe stock price didn't jump after SALA Corporation ( TSE:2734 ) posted decent earnings last week. Our analysis showed...
分析記事 • Jul 12SALA's (TSE:2734) Upcoming Dividend Will Be Larger Than Last Year'sThe board of SALA Corporation ( TSE:2734 ) has announced that it will be paying its dividend of ¥17.00 on the 31st of...
お知らせ • Jul 10+ 2 more updatesSALA Corporation Provides Consolidated Earnings Guidance for the Year Ending November 30, 2024SALA Corporation provided consolidated earnings guidance for the year ending November 30, 2024. For the year, the company expects net sales of ¥255,000 million, operating profit of ¥6,300 million, profit attributable to owners of parent of ¥5,400 million and basic earnings per share of ¥84.44.
Declared Dividend • Jul 08First half dividend of JP¥17.00 announcedShareholders will receive a dividend of JP¥17.00. Ex-date: 28th November 2024 Payment date: 31st January 2025 Dividend yield will be 3.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 07Second quarter 2024 earnings released: EPS: JP¥36.94 (vs JP¥43.78 in 2Q 2023)Second quarter 2024 results: EPS: JP¥36.94 (down from JP¥43.78 in 2Q 2023). Revenue: JP¥59.7b (down 3.4% from 2Q 2023). Net income: JP¥2.37b (down 15% from 2Q 2023). Profit margin: 4.0% (down from 4.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.
Upcoming Dividend • May 23Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.0%).
お知らせ • Apr 29SALA Corporation to Report Q2, 2024 Results on Jul 05, 2024SALA Corporation announced that they will report Q2, 2024 results on Jul 05, 2024
分析記事 • Apr 26SALA (TSE:2734) Is Paying Out A Dividend Of ¥13.00The board of SALA Corporation ( TSE:2734 ) has announced that it will pay a dividend of ¥13.00 per share on the 31st of...
分析記事 • Apr 11SALA's (TSE:2734) Dividend Will Be ¥13.00SALA Corporation ( TSE:2734 ) will pay a dividend of ¥13.00 on the 31st of July. Based on this payment, the dividend...
お知らせ • Apr 10SALA Corporation Provides Dividend Guidance for the Six Months Ending May 31, 2024SALA Corporation provided dividend guidance for the six months ending May 31, 2024. For the period, the company expects to pay a dividend of JPY 13.00 per share against JPY 13.00 per share paid a year ago.
Reported Earnings • Apr 07First quarter 2024 earnings released: EPS: JP¥30.29 (vs JP¥30.58 in 1Q 2023)First quarter 2024 results: EPS: JP¥30.29 (down from JP¥30.58 in 1Q 2023). Revenue: JP¥59.2b (down 7.8% from 1Q 2023). Net income: JP¥1.94b (flat on 1Q 2023). Profit margin: 3.3% (up from 3.0% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
New Risk • Mar 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Declared Dividend • Mar 04Final dividend of JP¥13.00 announcedShareholders will receive a dividend of JP¥13.00. Ex-date: 30th May 2024 Payment date: 31st July 2024 Dividend yield will be 3.3%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • Mar 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Tetsuo Agata was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Feb 28SALA Corporation to Report Q1, 2024 Results on Apr 05, 2024SALA Corporation announced that they will report Q1, 2024 results on Apr 05, 2024
お知らせ • Jan 19+ 3 more updatesSALA Corporation Declares Dividend for the Year Ended November 30, 2023, Payable on January 31, 2024SALA Corporation declared a dividend of ¥13 per share for the year ended November 30, 2023, payable on January 31, 2024.
Reported Earnings • Jan 14Full year 2023 earnings released: EPS: JP¥95.45 (vs JP¥89.12 in FY 2022)Full year 2023 results: EPS: JP¥95.45 (up from JP¥89.12 in FY 2022). Revenue: JP¥242.1b (up 3.1% from FY 2022). Net income: JP¥6.10b (up 7.3% from FY 2022). Profit margin: 2.5% (up from 2.4% 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 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 14SALA Corporation, Annual General Meeting, Feb 16, 2024SALA Corporation, Annual General Meeting, Feb 16, 2024.
Upcoming Dividend • Nov 22Upcoming dividend of JP¥13.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 31 January 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.6%).
お知らせ • Nov 01SALA Corporation to Report Fiscal Year 2023 Results on Jan 12, 2024SALA Corporation announced that they will report fiscal year 2023 results on Jan 12, 2024
お知らせ • Oct 11+ 1 more updateSALA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2023SALA Corporation provided consolidated earnings guidance for the fiscal year ending November 30, 2023. For the period, the company expects net sales of JPY 250,000 million, operating profit of JPY 5,500 million, profit attributable to owners of parent of JPY 5,400 million and basic earnings per share of JPY 84.64.
Reported Earnings • Oct 07Third quarter 2023 earnings released: EPS: JP¥2.42 (vs JP¥8.61 in 3Q 2022)Third quarter 2023 results: EPS: JP¥2.42 (down from JP¥8.61 in 3Q 2022). Revenue: JP¥55.3b (up 1.0% from 3Q 2022). Net income: JP¥155.0m (down 72% from 3Q 2022). Profit margin: 0.3% (down from 1.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Aug 03SALA Corporation to Report Q3, 2023 Results on Oct 06, 2023SALA Corporation announced that they will report Q3, 2023 results on Oct 06, 2023
New Risk • Jul 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
お知らせ • Jul 12+ 2 more updatesSALA Corporation Announces Dividend for the Second Quarter Ended May 31, 2023, Payable on July 31, 2023SALA Corporation announced dividend for the second quarter ended May 31, 2023 of JPY 13.00 per share compared to JPY 11.00 per share paid a year ago. Scheduled date to commence dividend payments is July 31, 2023.
New Risk • Jul 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Jul 08Second quarter 2023 earnings released: EPS: JP¥43.78 (vs JP¥40.13 in 2Q 2022)Second quarter 2023 results: EPS: JP¥43.78 (up from JP¥40.13 in 2Q 2022). Revenue: JP¥61.8b (up 3.3% from 2Q 2022). Net income: JP¥2.80b (up 9.3% from 2Q 2022). Profit margin: 4.5% (up from 4.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
Upcoming Dividend • May 23Upcoming dividend of JP¥13.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (4.0%).
Reported Earnings • Apr 08First quarter 2023 earnings released: EPS: JP¥30.58 (vs JP¥35.23 in 1Q 2022)First quarter 2023 results: EPS: JP¥30.58 (down from JP¥35.23 in 1Q 2022). Revenue: JP¥64.2b (up 9.7% from 1Q 2022). Net income: JP¥1.95b (down 13% from 1Q 2022). Profit margin: 3.0% (down from 3.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Jan 29SALA Corporation to Report Q1, 2023 Results on Apr 07, 2023SALA Corporation announced that they will report Q1, 2023 results on Apr 07, 2023
お知らせ • Jan 14SALA Corporation, Annual General Meeting, Feb 17, 2023SALA Corporation, Annual General Meeting, Feb 17, 2023.
Reported Earnings • Jan 13Full year 2022 earnings released: EPS: JP¥89.12 (vs JP¥83.12 in FY 2021)Full year 2022 results: EPS: JP¥89.12 (up from JP¥83.12 in FY 2021). Revenue: JP¥234.8b (up 3.0% from FY 2021). Net income: JP¥5.68b (up 8.0% from FY 2021). Profit margin: 2.4% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Nov 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.7%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Tetsuo Agata 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.
お知らせ • Nov 01SALA Corporation to Report Fiscal Year 2022 Results on Jan 12, 2023SALA Corporation announced that they will report fiscal year 2022 results on Jan 12, 2023
お知らせ • Oct 12+ 1 more updateSALA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending November 30, 2022SALA Corporation provided consolidated earnings guidance for the fiscal year ending November 30, 2022. For the year, the company expects net sales of JPY 224,000 million, operating profit of JPY 6,800 million, profit attributable to owners of parent of JPY 4,900 million and basic earnings per share of JPY 76.99.
Reported Earnings • Oct 09Third quarter 2022 earnings released: EPS: JP¥8.61 (vs JP¥6.09 in 3Q 2021)Third quarter 2022 results: EPS: JP¥8.61 (up from JP¥6.09 in 3Q 2021). Revenue: JP¥54.7b (up 1.9% from 3Q 2021). Net income: JP¥549.0m (up 42% from 3Q 2021). Profit margin: 1.0% (up from 0.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥816, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 9x in the Oil and Gas industry in Japan. Total returns to shareholders of 58% over the past three years.
お知らせ • Aug 03SALA Corporation to Report Q3, 2022 Results on Oct 07, 2022SALA Corporation announced that they will report Q3, 2022 results on Oct 07, 2022
お知らせ • Jul 12+ 1 more updateSALA Corporation Announces Dividend for the Second Quarter Ended May 31, 2022, Payable on July 29, 2022; Provides Dividend Guidance for the Fiscal Year Ending November 30, 2022SALA Corporation announced dividend for the second quarter ended May 31, 2022 of JPY 11.00 per share compared to JPY 10.00 per share paid a year ago. Scheduled date to commence dividend payments is July 29, 2022.For the fiscal year ending November 30, 2022, the company expects to pay dividend of JPY 14.00 per share.
Reported Earnings • Jul 10Second quarter 2022 earnings released: EPS: JP¥40.13 (vs JP¥44.12 in 2Q 2021)Second quarter 2022 results: EPS: JP¥40.13 (down from JP¥44.12 in 2Q 2021). Revenue: JP¥59.8b (down 2.4% from 2Q 2021). Net income: JP¥2.56b (down 8.3% from 2Q 2021). Profit margin: 4.3% (down from 4.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
お知らせ • May 29SALA Corporation to Report Q2, 2022 Results on Jul 06, 2022SALA Corporation announced that they will report Q2, 2022 results on Jul 06, 2022
Upcoming Dividend • May 23Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 August 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.7%).
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Tetsuo Agata 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.
お知らせ • Apr 11+ 1 more updateSALA Corporation Provides Dividend Guidance for the Second Quarter of the Year Ending November 30, 2022SALA Corporation provided dividend guidance for the second quarter of the year ending November 30, 2022. For the quarter, the company expected dividend of JPY 11.00 per share against JPY 10.00 per share paid a year ago.