Reported Earnings • Aug 11
First quarter 2027 earnings released: EPS: JP¥12.80 (vs JP¥11.96 in 1Q 2026) First quarter 2027 results: EPS: JP¥12.80 (up from JP¥11.96 in 1Q 2026). Revenue: JP¥52.0b (up 21% from 1Q 2026). Net income: JP¥15.5b (up 9.3% from 1Q 2026). Profit margin: 30% (down from 33% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 07
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 58% to €7.40. The fair value is estimated to be €6.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €7.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total returns to shareholders of 129% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.92 per share. Declared Dividend • Jul 26
Final dividend of JP¥8.00 announced Shareholders will receive a dividend of JP¥8.00. Ex-date: 29th September 2026 Payment date: 4th December 2026 Dividend yield will be 134%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 02
Sanrio Company, Ltd. to Report Q1, 2027 Results on Aug 10, 2026 Sanrio Company, Ltd. announced that they will report Q1, 2027 results on Aug 10, 2026 Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €5.98, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Total returns to shareholders of 140% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.52 per share. New Risk • Jun 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.5% 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 High level of non-cash earnings (21% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Reported Earnings • Jun 25
Full year 2026 earnings released: EPS: JP¥45.33 (vs JP¥35.32 in FY 2025) Full year 2026 results: EPS: JP¥45.33 (up from JP¥35.32 in FY 2025). Revenue: JP¥194.1b (up 34% from FY 2025). Net income: JP¥54.6b (up 31% from FY 2025). Profit margin: 28% (in line with FY 2025). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 24
Sanrio Company, Ltd. Provides Earnings Guidance for the First Half and for Fy2026 (April 1, 2026 March 31, 2027) Sanrio Company, Ltd. provided earnings guidance for the first half and for FY2026 (April 1, 2026 March 31, 2027). For the first half, the company expects Net Sales JPY 107,200 Million, Operating Profit JPY 42,300 Million, Profit Attributable to Owners of Parent JPY 30,600 Million and Basic Earnings per Share JPY 25.24.
For the full year, the company expects Net Sales JPY 229,800 Million, Operating Profit JPY 89,500 Million, Profit Attributable to Owners of Parent JPY 63,800 Million and Basic Earnings per Share JPY 52.62. Aankondiging • Jun 23
Sanrio Company, Ltd. Provides Dividend Guidance for the Second Quarter End and Fiscal Year Ending March 31, 2027 Sanrio Company, Ltd. provided dividend guidance for the second quarter end and fiscal year ending March 31, 2027. For the quarter end, the company expects dividend of JPY 8.00 per share compared to JPY 31.00 per share a year ago
For the year, the company expects JPY 8.00 per share compared to JPY 38.00 per share a year ago. Aankondiging • Jun 09
Kazuo Ohashi Not Resign as Outside Director Serving as Audit and Supervisory Committee Member of Sanrio Company, Ltd Sanrio Company, Ltd. resolved at the meeting of the Board of Directors held on June 8, 2026, to withdraw Proposal No. 2, 'Election of One (1) Director serving as Audit and Supervisory Committee Member', which was to be resolved at the 66th Ordinary General Meeting of Shareholders. The Company had planned to elect Mayumi Umezawa as an outside director serving as Audit and Supervisory Committee Member, subject to approval at the Meeting. However, following the publication of 'NOTICE OF THE 66TH ORDINARY GENERAL MEETING OF SHAREHOLDERS', the Company received a request from her to withdraw her candidacy for this position due to personal circumstances. Therefore, the Company carefully reconsidered the future structure of its Board of Directors and Audit and Supervisory Committee. As a result, at the meeting of the Board of Directors held on June 8, 2026, the Company resolved to withdraw Proposal No. 2 of the Meeting, in which she was nominated as a candidate for director serving as Audit and Supervisory Committee member. With this withdrawal, Kazuo Ohashi, an outside director serving as Audit and Supervisory Committee Member, will not resign at the conclusion of the Meeting but will continue in that role. Although he was originally expected to step down, following the candidate’s withdrawal, the Company reassessed the situation, prioritizing the stability of the Audit and Supervisory Committee and the continuity of its audit functions. The Company therefore determined that the most appropriate course of action would be for Kazuo Ohashi, who currently serves as an outside director and Audit and Supervisory Committee member, to remain in that position. Kazuo Ohashi has served as an Auditor and Audit and Supervisory Committee member of the Company for approximately nine years, and as he possesses in-depth knowledge of the current state and challenges of the Company’s corporate governance, the Company expects him to provide appropriate and prompt support for its future initiatives to strengthen corporate governance. Kazuo Ohashi was elected at the 65th Ordinary General Meeting of Shareholders held on June 26, 2025, with his term expiring at the 67th Ordinary General Meeting of Shareholders to be held in 2027 (two years after his appointment); therefore, there are no proposals to be resolved regarding him at the Meeting. Aankondiging • Jun 03
Sanrio Company, Ltd., Annual General Meeting, Jun 25, 2026 Sanrio Company, Ltd., Annual General Meeting, Jun 25, 2026, at 14:00 Tokyo Standard Time. Aankondiging • Dec 27
Sanrio Company, Ltd. (TSE:8136) executed a Memorandum of Understanding to acquire remaining 30% stake in Sanrio Southeast Asia Pte. Ltd. from Avex South East Asia Pte. Ltd for $10.7 million. Sanrio Company, Ltd. (TSE:8136) executed a Memorandum of Understanding to acquire remaining 30% stake in Sanrio Southeast Asia Pte. Ltd. from Avex South East Asia Pte. Ltd for $10.7 million on December 25, 2025. A cash consideration of $10.7 million will be paid by Sanrio Company, Ltd. As part of consideration, $10.7 million is paid towards common equity of Sanrio Southeast Asia Pte. Ltd. Upon completion, Sanrio Company, Ltd. will own 100% stake in Sanrio Southeast Asia Pte. Ltd.
SSEA will become a wholly owned subsidiary of Sanrio and transition to a new management structure with Yasuyuki Otsuka (Sanrio Senior Managing Director) as Chief Executive Officer.
The expected completion of the transaction is by the end of December 2025. Aankondiging • Dec 20
Sanrio Company, Ltd. to Report Q3, 2026 Results on Feb 12, 2026 Sanrio Company, Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Aankondiging • Nov 20
Sanrio Company, Ltd. (TSE:8136) announces an Equity Buyback for 3,300,000 shares, representing 1.35% for ¥15,000 million. Sanrio Company, Ltd. (TSE:8136) announces a share repurchase program. Under the program, the company will repurchase 3,300,000 shares, representing 1.35% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to improve capital efficiency and to enable the implementation of a flexible capital policy. The program is valid till February 10, 2026 . As of September 30, 2025, the company had 245,305,912 shares outstanding (excluding treasury shares) and 10,102,391 shares in treasury. Aankondiging • Sep 27
Sanrio Company, Ltd. to Report Q2, 2026 Results on Nov 05, 2025 Sanrio Company, Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025 Aankondiging • Jul 30
Sanrio Company, Ltd. (TSE:8136) completed the acquisition of an unknown majority stake in Gugenka Inc. Sanrio Company, Ltd. (TSE:8136) acquired an unknown majority stake in Gugenka Inc. on July 28, 2025.
Sanrio Company, Ltd. (TSE:8136) completed the acquisition of an unknown majority stake in Gugenka Inc. on July 28, 2025. Aankondiging • Jun 29
Sanrio Company, Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Sanrio Company, Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Aankondiging • May 13
Sanrio Company, Ltd., Annual General Meeting, Jun 26, 2025 Sanrio Company, Ltd., Annual General Meeting, Jun 26, 2025. Aankondiging • Mar 01
Sanrio Company, Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Sanrio Company, Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Aankondiging • Jan 03
Sanrio Company, Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Sanrio Company, Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Board Change • Dec 30
Less than half of directors are independent There are 6 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 Outside Director Shizuko Kamoda was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Dec 12
Sanrio Company, Ltd. has filed a Follow-on Equity Offering in the amount of ¥117.457972 billion. Sanrio Company, Ltd. has filed a Follow-on Equity Offering in the amount of ¥117.457972 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 10,995,500
Price\Range: ¥4540
Security Name: Shares
Security Type: Common Stock
Securities Offered: 14,876,300
Price\Range: ¥4540 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €28.60, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total returns to shareholders of 335% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.18 per share. Buy Or Sell Opportunity • Nov 05
Now 33% overvalued after recent price rise Over the last 90 days, the stock has risen 39% to €28.00. The fair value is estimated to be €21.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 80%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: JP¥37.18 (vs JP¥23.10 in 2Q 2024) Second quarter 2025 results: EPS: JP¥37.18 (up from JP¥23.10 in 2Q 2024). Revenue: JP¥33.9b (up 44% from 2Q 2024). Net income: JP¥8.78b (up 57% from 2Q 2024). Profit margin: 26% (up from 24% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. New Risk • Sep 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% 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. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥18.50 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.1%). Buy Or Sell Opportunity • Sep 19
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 57% to €25.40. The fair value is estimated to be €20.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Buy Or Sell Opportunity • Aug 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 65% to €22.80. The fair value is estimated to be €18.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Aankondiging • Aug 28
Sanrio Company, Ltd. to Report Q2, 2025 Results on Nov 01, 2024 Sanrio Company, Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024 New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% 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. Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥43.60 (vs JP¥20.32 in 1Q 2024) First quarter 2025 results: EPS: JP¥43.60 (up from JP¥20.32 in 1Q 2024). Revenue: JP¥28.9b (up 42% from 1Q 2024). Net income: JP¥10.3b (up 109% from 1Q 2024). Profit margin: 36% (up from 24% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 02
Sanrio Company, Ltd. Raises Dividend Guidance for the Six Months and Full Year Ending March 31, 2025 Sanrio Company, Ltd. raised dividend guidance for the six months and full year ending March 31, 2025. For the six months period, the company expects to pay dividend of JPY 18.5 per share against JPY 13.5 per share forecasted earlier.
For the full year, the company expects to pay dividend of JPY 18.5 per share against JPY 13.5 per share forecasted earlier. Buy Or Sell Opportunity • Jul 30
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to €18.50. The fair value is estimated to be €14.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Declared Dividend • Jul 11
Final dividend of JP¥13.50 announced Shareholders will receive a dividend of JP¥13.50. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 76%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 47% over the next 3 years. However, it would need to fall by 78% to increase the payout ratio to a potentially unsustainable range. Buy Or Sell Opportunity • Jul 01
Now 22% overvalued Over the last 90 days, the stock has fallen 11% to €16.80. The fair value is estimated to be €13.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Buy Or Sell Opportunity • Jun 19
Now 20% overvalued Over the last 90 days, the stock has fallen 11% to €15.90. The fair value is estimated to be €13.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Aankondiging • Jun 14
Sanrio Company, Ltd. to Report Q1, 2025 Results on Aug 02, 2024 Sanrio Company, Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024 Buy Or Sell Opportunity • Jun 13
Now 22% overvalued Over the last 90 days, the stock has fallen 13% to €15.70. The fair value is estimated to be €12.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €16.40, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 4x in the Specialty Retail industry in Germany. Total returns to shareholders of 249% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.27 per share. Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥219 (vs JP¥33.74 in FY 2023) Full year 2024 results: EPS: JP¥219 (up from JP¥33.74 in FY 2023). Revenue: JP¥100.0b (up 38% from FY 2023). Net income: JP¥17.6b (up 116% from FY 2023). Profit margin: 18% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Aankondiging • May 17
Sanrio Company, Ltd., Annual General Meeting, Jun 27, 2024 Sanrio Company, Ltd., Annual General Meeting, Jun 27, 2024. New Risk • Apr 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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. New Risk • Mar 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 2.2% 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. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥42.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.0%). Buy Or Sell Opportunity • Feb 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to €51.50. The fair value is estimated to be €42.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: JP¥69.79 (vs JP¥46.88 in 3Q 2023) Third quarter 2024 results: EPS: JP¥69.79 (up from JP¥46.88 in 3Q 2023). Revenue: JP¥28.5b (up 36% from 3Q 2023). Net income: JP¥5.63b (up 49% from 3Q 2023). Profit margin: 20% (up from 18% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €47.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 3x in the Specialty Retail industry in Germany. Total returns to shareholders of 249% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €50.36 per share. Aankondiging • Dec 28
Sanrio Company, Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Sanrio Company, Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥69.31 (vs JP¥27.61 in 2Q 2023) Second quarter 2024 results: EPS: JP¥69.31 (up from JP¥27.61 in 2Q 2023). Revenue: JP¥23.6b (up 41% from 2Q 2023). Net income: JP¥5.59b (up 151% from 2Q 2023). Profit margin: 24% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥22.50 per share at 0.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 22 November 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%). Aankondiging • Sep 01
Sanrio Company, Ltd. to Report Q2, 2024 Results on Nov 02, 2023 Sanrio Company, Ltd. announced that they will report Q2, 2024 results on Nov 02, 2023 Aankondiging • Aug 18
Sanrio Company, Ltd. Appoints Yuko Akiyama as Managing Executive Officer Sanrio Co., Ltd. announced at its Board of Directors Meeting held on August 17, 2023, the appointment of a new managing executive officer. The details of this appointment are as follows. Name: Yuko Akiyama. BOD: (April 3, 1977). Biography: Mar. 2000 - Graduated from Keio University, Faculty of Law, Department of Political Science. Apr. 2000 - Joined Hakuhodo Inc. Jun. 2006 - Joined Wieden+Kennedy Tokyo. Oct. 2011 - Joined Google Japan. Nov. 2017 - Head of Device Marketing Japan, Google Japan. Jan. 2020 - Head of APAC Product Planning, Google Nest. New Risk • Aug 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% 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. Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: JP¥60.96 (vs JP¥9.74 in 1Q 2023) First quarter 2024 results: EPS: JP¥60.96 (up from JP¥9.74 in 1Q 2023). Revenue: JP¥20.3b (up 47% from 1Q 2023). Net income: JP¥4.92b (up JP¥4.13b from 1Q 2023). Profit margin: 24% (up from 5.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Aankondiging • May 31
Sanrio Company, Ltd. to Report Q1, 2024 Results on Aug 02, 2023 Sanrio Company, Ltd. announced that they will report Q1, 2024 results on Aug 02, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥101 (vs JP¥42.49 in FY 2022) Full year 2023 results: EPS: JP¥101 (up from JP¥42.49 in FY 2022). Revenue: JP¥72.6b (up 38% from FY 2022). Net income: JP¥8.16b (up 138% from FY 2022). Profit margin: 11% (up from 6.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to €38.80, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €21.75 per share. Reported Earnings • Mar 17
Third quarter 2023 earnings released: EPS: JP¥46.88 (vs JP¥15.18 in 3Q 2022) Third quarter 2023 results: EPS: JP¥46.88 (up from JP¥15.18 in 3Q 2022). Revenue: JP¥21.0b (up 42% from 3Q 2022). Net income: JP¥3.78b (up 209% from 3Q 2022). Profit margin: 18% (up from 8.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €28.00, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.68 per share. Aankondiging • Feb 11
Sanrio Company, Ltd. Announces Establishment of Special Investigation Committee Sanrio Company, Ltd. announced that at a meeting held February 9, 2023, the Sanrio Co., Ltd. board of directors decided to establish Special Investigation Committee. Composition of the Special Investigation Committee: Committee Member- Kazuo Ohashi (Outside Auditor, Sanrio Company, Ltd., CPA); Committee Member- Yusuke Nakashima (Deloitte Tohmatsu Financial Advisory LLC, CPA); Committee Member- Osamu Hamada (DT Legal Japan, Attorney/CPA). Summary of the Special Investigation Committee members: Kazuo Ohashi (Outside Auditor, Sanrio Company, Ltd.): Resume: 1980: Joined Chuo Kaikei Jimusho Audit Corporation (later Chuo-Aoyama Audit Corporation and Misuzu Audit Corporation); Registered as a Certified Public Accountant in 1983; 1993: Promoted to a Partner; 1998: Promoted to a Senior Partner; 2006: Joined Ernst & Young ShinNihon LLC; 2006: Promoted to a Senior Partner; 2016: Opened Kazuo Ohashi CPA Office; 2017: Outside Auditor, Sanrio Company, Ltd. (current position); 2019: Outside Auditor, Graphite Design Inc. (current position); 2019: Outside Auditor, Samantha Thavasa Japan Limited (current position); Yusuke Nakashima (Deloitte Tohmatsu Financial Advisory LLC): Resume: 1995: Passed the second exam of Certified Public Accountant; 1995: Joined Aoyama Audit Corporation (later PwC Aarata LLC); 1999: Registered as a Certified Public Accountant; 2002: Joined Deloitte Tohmatsu Corporate Finance Ltd. (later Deloitte Tohmatsu Financial Advisory LLC); 2011: Promoted to a Partner; 2018: Appointed Head of Forensic and Crisis Management Services (current position); Osamu Hamada (DT Legal Japan): Resume: 1999: Joined Toyota Motor Corporation; 2007: Registered as a Certified Public Accountant (re-registered in 2022); 2008: Registered as an attorney (re-registered in 2016); 2008: Joined Nagashima Ohno & Tsunematsu; 2014: Served in Corporate Disclosure Division, General Affairs Planning Bureau, the Financial Services Agency; 2016: Joined DT Legal Japan; 2020: Served in Corporate Disclosure Division, Planning and Markets Department, the Financial Services Agency; 2022: Joined DT Legal Japan (current position). Aankondiging • Jan 09
Sanrio Company, Ltd. to Report Q3, 2023 Results on Feb 14, 2023 Sanrio Company, Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: JP¥16.8b (up 29% from 2Q 2022). Net income: JP¥2.23b (up JP¥2.75b from 2Q 2022). Profit margin: 13% (up from net loss in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. 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 17% per year. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Senior MD & Director Kosho Nomura is the most experienced director on the board, commencing their role in 2014. Independent Outside Director Yu Sasamoto was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥27.61 (vs JP¥6.47 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥27.61 (up from JP¥6.47 loss in 2Q 2022). Revenue: JP¥16.8b (up 29% from 2Q 2022). Net income: JP¥2.23b (up JP¥2.75b from 2Q 2022). Profit margin: 13% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 28
Sanrio Company, Ltd. to Report Q2, 2023 Results on Nov 04, 2022 Sanrio Company, Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 22 November 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.4%). Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: JP¥9.74 (vs JP¥30.67 in 1Q 2022) First quarter 2023 results: EPS: JP¥9.74 (down from JP¥30.67 in 1Q 2022). Revenue: JP¥13.8b (up 28% from 1Q 2022). Net income: JP¥785.0m (down 68% from 1Q 2022). Profit margin: 5.7% (down from 23% in 1Q 2022). Over the next year, revenue is forecast to grow 7.5%, compared to a 8.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 18% share price gain to €21.60, the stock trades at a forward P/E ratio of 73x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €21.65 per share. Aankondiging • Jun 02
Sanrio Company, Ltd. to Report Q1, 2023 Results on Aug 02, 2022 Sanrio Company, Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022 
