Reported Earnings • Apr 28
Full year 2026 earnings released: EPS: JP¥117 (vs JP¥98.18 in FY 2025) Full year 2026 results: EPS: JP¥117 (up from JP¥98.18 in FY 2025). Revenue: JP¥48.6b (down 1.7% from FY 2025). Net income: JP¥2.11b (up 10% from FY 2025). Profit margin: 4.3% (up from 3.9% in FY 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Apr 27
Sugimoto & Co., Ltd., Annual General Meeting, Jun 17, 2026 Sugimoto & Co., Ltd., Annual General Meeting, Jun 17, 2026. Announcement • Apr 21
Sugimoto & Co., Ltd. to Report Fiscal Year 2026 Results on Apr 27, 2026 Sugimoto & Co., Ltd. announced that they will report fiscal year 2026 results on Apr 27, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 19 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Jan 29
Third quarter 2026 earnings released: EPS: JP¥40.48 (vs JP¥44.58 in 3Q 2025) Third quarter 2026 results: EPS: JP¥40.48 (down from JP¥44.58 in 3Q 2025). Revenue: JP¥13.5b (down 3.2% from 3Q 2025). Net income: JP¥710.6m (down 17% from 3Q 2025). Profit margin: 5.3% (down from 6.1% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Dec 04
Sugimoto & Co., Ltd. to Report Q3, 2026 Results on Jan 28, 2026 Sugimoto & Co., Ltd. announced that they will report Q3, 2026 results on Jan 28, 2026 Declared Dividend • Dec 02
First half dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 30th March 2026 Payment date: 19th June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 30
Second quarter 2026 earnings released: EPS: JP¥23.57 (vs JP¥21.95 in 2Q 2025) Second quarter 2026 results: EPS: JP¥23.57. Revenue: JP¥11.6b (down 4.9% from 2Q 2025). Net income: JP¥427.5m (down 1.0% from 2Q 2025). Profit margin: 3.7% (up from 3.5% in 2Q 2025). The increase in margin was driven by lower expenses. Buy Or Sell Opportunity • Oct 15
Now 21% overvalued Over the last 90 days, the stock has fallen 1.1% to JP¥1,824. The fair value is estimated to be JP¥1,510, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 2.5%. Announcement • Sep 11
Sugimoto & Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025 Sugimoto & Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025 Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: JP¥12.22 (vs JP¥15.68 in 1Q 2025) First quarter 2026 results: EPS: JP¥12.22 (down from JP¥15.68 in 1Q 2025). Revenue: JP¥11.2b (up 1.8% from 1Q 2025). Net income: JP¥230.5m (down 27% from 1Q 2025). Profit margin: 2.1% (down from 2.9% in 1Q 2025). The decrease in margin was driven by higher expenses. 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 20% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jul 04
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 63% to JP¥1,793. The fair value is estimated to be JP¥1,480, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 4.7%. Reported Earnings • Jun 20
Full year 2025 earnings released: EPS: JP¥98.18 (vs JP¥93.07 in FY 2024) Full year 2025 results: EPS: JP¥98.18 (up from JP¥93.07 in FY 2024). Revenue: JP¥49.5b (up 6.1% from FY 2024). Net income: JP¥1.92b (up 2.2% from FY 2024). Profit margin: 3.9% (down from 4.0% in FY 2024). 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 but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 17
Sugimoto & Co., Ltd. to Report Q1, 2026 Results on Jul 29, 2025 Sugimoto & Co., Ltd. announced that they will report Q1, 2026 results on Jul 29, 2025 Buy Or Sell Opportunity • May 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 47% to JP¥1,786. The fair value is estimated to be JP¥1,479, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 4.7%. Buy Or Sell Opportunity • May 09
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to JP¥1,765. The fair value is estimated to be JP¥1,458, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 4.7%. Reported Earnings • Apr 26
Full year 2025 earnings released: EPS: JP¥98.17 (vs JP¥93.07 in FY 2024) Full year 2025 results: EPS: JP¥98.17 (up from JP¥93.07 in FY 2024). Revenue: JP¥49.5b (up 6.1% from FY 2024). Net income: JP¥1.92b (up 2.2% from FY 2024). Profit margin: 3.9% (down from 4.0% in FY 2024). 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 10% per year. Announcement • Apr 25
Sugimoto & Co., Ltd., Annual General Meeting, Jun 18, 2025 Sugimoto & Co., Ltd., Annual General Meeting, Jun 18, 2025. New Risk • Apr 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 Japanese stocks, typically moving 8.0% 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. 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. Share price has been volatile over the past 3 months (8.0% average weekly change). Announcement • Apr 25
Sugimoto & Co., Ltd. (TSE:9932) announces an Equity Buyback for 2,500,000 shares, representing 13.05% for ¥3,000 million. Sugimoto & Co., Ltd. (TSE:9932) announces a share repurchase program. Under the program, the company will repurchase 2,500,000 shares, representing 13.05% of its share capital, for ¥3,000 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency, as well as to enable the implementation of flexible capital policies and financial strategies in response to future changes in the business environment. The program will run until March 31, 2026. As of March 31, 2025, the company had 19,156,214 shares outstanding (excluding treasury shares) and 3,642,260 shares in treasury. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,425, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,104, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 16% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.3%). Announcement • Mar 19
Sugimoto & Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2025 Sugimoto & Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2025 Reported Earnings • Jan 30
Third quarter 2025 earnings released: EPS: JP¥44.58 (vs JP¥35.82 in 3Q 2024) Third quarter 2025 results: EPS: JP¥44.58 (up from JP¥35.82 in 3Q 2024). Revenue: JP¥13.9b (up 4.8% from 3Q 2024). Net income: JP¥855.0m (up 18% from 3Q 2024). Profit margin: 6.1% (up from 5.4% in 3Q 2024). The increase in margin was driven by higher revenue. 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 8% per year. Announcement • Dec 10
Sugimoto & Co., Ltd. to Report Q3, 2025 Results on Jan 29, 2025 Sugimoto & Co., Ltd. announced that they will report Q3, 2025 results on Jan 29, 2025 New Risk • Nov 09
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 Japanese stocks, typically moving 5.7% 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: 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 (5.7% average weekly change). Board Change • Nov 05
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Yuki Tsuru was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: JP¥12.2b (up 8.8% from 2Q 2024). Net income: JP¥432.0m (up 4.1% from 2Q 2024). Profit margin: 3.5% (down from 3.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%). Announcement • Sep 19
Sugimoto & Co., Ltd. to Report Q2, 2025 Results on Oct 29, 2024 Sugimoto & Co., Ltd. announced that they will report Q2, 2025 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,285, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 5.0% over the past three years. Buy Or Sell Opportunity • Aug 05
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.5% to JP¥2,285. The fair value is estimated to be JP¥3,114, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 5.6%. New Risk • Aug 02
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 Japanese stocks, typically moving 5.4% 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: 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 (5.4% average weekly change). Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥31.26 (vs JP¥35.72 in 1Q 2024) First quarter 2025 results: EPS: JP¥31.26 (down from JP¥35.72 in 1Q 2024). Revenue: JP¥11.0b (up 1.2% from 1Q 2024). Net income: JP¥314.0m (down 13% from 1Q 2024). Profit margin: 2.9% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: JP¥186 (vs JP¥208 in FY 2023) Full year 2024 results: EPS: JP¥186 (down from JP¥208 in FY 2023). Revenue: JP¥46.6b (up 2.4% from FY 2023). Net income: JP¥1.88b (down 11% from FY 2023). Profit margin: 4.0% (down from 4.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. Announcement • Jun 21
Sugimoto & Co., Ltd. to Report Q1, 2025 Results on Jul 29, 2024 Sugimoto & Co., Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024 Announcement • Apr 28
Sugimoto & Co., Ltd., Annual General Meeting, Jun 21, 2024 Sugimoto & Co., Ltd., Annual General Meeting, Jun 21, 2024. Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: JP¥186 (vs JP¥208 in FY 2023) Full year 2024 results: EPS: JP¥186 (down from JP¥208 in FY 2023). Revenue: JP¥46.6b (up 2.4% from FY 2023). Net income: JP¥1.88b (down 11% from FY 2023). Profit margin: 4.0% (down from 4.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Apr 26
Sugimoto & Co., Ltd. (TSE:9932) announces an Equity Buyback for 500,000 shares, representing 4.96% for ¥1,500 million. Sugimoto & Co., Ltd. (TSE:9932) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 4.96% of its share capital, for ¥1,500 million. The company will repurchase its shares in order to expand shareholder returns and improve capital efficiency, as well as implement a flexible capital policy in response to changes in the business environment. The program will run until April 30, 2025. As of March 31, 2024, the company had 10,078,215 shares outstanding (excluding treasury shares) and 1,321,022 shares in treasury. Announcement • Mar 28
Sugimoto & Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2024 Sugimoto & Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%). Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: JP¥71.64 (vs JP¥76.21 in 3Q 2023) Third quarter 2024 results: EPS: JP¥71.64 (down from JP¥76.21 in 3Q 2023). Revenue: JP¥13.3b (up 1.8% from 3Q 2023). Net income: JP¥722.0m (down 6.0% from 3Q 2023). Profit margin: 5.4% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Dec 21
Sugimoto & Co., Ltd. to Report Q3, 2024 Results on Jan 29, 2024 Sugimoto & Co., Ltd. announced that they will report Q3, 2024 results on Jan 29, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥41.18 (vs JP¥54.77 in 2Q 2023) Second quarter 2024 results: EPS: JP¥41.18 (down from JP¥54.77 in 2Q 2023). Revenue: JP¥11.2b (up 1.7% from 2Q 2023). Net income: JP¥415.0m (down 25% from 2Q 2023). Profit margin: 3.7% (down from 5.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥35.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.8%). Announcement • Sep 16
Sugimoto & Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023 Sugimoto & Co., Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023 Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: JP¥35.72 (vs JP¥28.18 in 1Q 2023) First quarter 2024 results: EPS: JP¥35.72 (up from JP¥28.18 in 1Q 2023). Revenue: JP¥10.8b (up 7.1% from 1Q 2023). Net income: JP¥360.0m (up 27% from 1Q 2023). Profit margin: 3.3% (up from 2.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year. Announcement • Jun 23
Sugimoto & Co., Ltd. to Report Q1, 2024 Results on Jul 27, 2023 Sugimoto & Co., Ltd. announced that they will report Q1, 2024 results on Jul 27, 2023 Reported Earnings • Jun 22
Full year 2023 earnings released: EPS: JP¥208 (vs JP¥161 in FY 2022) Full year 2023 results: EPS: JP¥208 (up from JP¥161 in FY 2022). Revenue: JP¥45.6b (up 5.7% from FY 2022). Net income: JP¥2.10b (up 29% from FY 2022). Profit margin: 4.6% (up from 3.8% 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 4% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: JP¥208 (vs JP¥161 in FY 2022) Full year 2023 results: EPS: JP¥208 (up from JP¥161 in FY 2022). Revenue: JP¥45.6b (up 5.7% from FY 2022). Net income: JP¥2.10b (up 29% from FY 2022). Profit margin: 4.6% (up from 3.8% 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 4% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 85%. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.8%). Reported Earnings • Jan 28
Third quarter 2023 earnings released: EPS: JP¥76.20 (vs JP¥52.49 in 3Q 2022) Third quarter 2023 results: EPS: JP¥76.20 (up from JP¥52.49 in 3Q 2022). Revenue: JP¥13.1b (up 11% from 3Q 2022). Net income: JP¥768.0m (up 45% from 3Q 2022). Profit margin: 5.9% (up from 4.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. Announcement • Dec 21
Sugimoto & Co., Ltd. to Report Q3, 2023 Results on Jan 27, 2023 Sugimoto & Co., Ltd. announced that they will report Q3, 2023 results on Jan 27, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Yuki Tsuru was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: JP¥54.77 (vs JP¥38.20 in 2Q 2022) Second quarter 2023 results: EPS: JP¥54.77 (up from JP¥38.20 in 2Q 2022). Revenue: JP¥11.0b (up 4.4% from 2Q 2022). Net income: JP¥552.0m (up 43% from 2Q 2022). Profit margin: 5.0% (up from 3.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 39% 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 (3.7%). In line with average of industry peers (3.6%). Announcement • Sep 16
Sugimoto & Co., Ltd. to Report Q2, 2023 Results on Oct 27, 2022 Sugimoto & Co., Ltd. announced that they will report Q2, 2023 results on Oct 27, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥28.18 (vs JP¥35.90 in 1Q 2022) First quarter 2023 results: EPS: JP¥28.18 (down from JP¥35.90 in 1Q 2022). Revenue: JP¥10.1b (flat on 1Q 2022). Net income: JP¥284.0m (down 23% from 1Q 2022). Profit margin: 2.8% (down from 3.6% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jun 23
Sugimoto & Co., Ltd. to Report Q1, 2023 Results on Jul 27, 2022 Sugimoto & Co., Ltd. announced that they will report Q1, 2023 results on Jul 27, 2022 Reported Earnings • Jun 23
Full year 2022 earnings released: EPS: JP¥161 (vs JP¥164 in FY 2021) Full year 2022 results: EPS: JP¥161 (down from JP¥164 in FY 2021). Revenue: JP¥43.1b (up 6.8% from FY 2021). Net income: JP¥1.63b (down 5.1% from FY 2021). Profit margin: 3.8% (down from 4.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: JP¥161 (vs JP¥164 in FY 2021) Full year 2022 results: EPS: JP¥161 (down from JP¥164 in FY 2021). Revenue: JP¥43.1b (up 6.8% from FY 2021). Net income: JP¥1.63b (down 5.1% from FY 2021). Profit margin: 3.8% (down from 4.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Kamezo Miyaji was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Sugimoto & Co., Ltd. to Report Fiscal Year 2022 Results on Apr 26, 2022 Sugimoto & Co., Ltd. announced that they will report fiscal year 2022 results on Apr 26, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 34% and the cash payout ratio is 97%. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.4%). Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥52.48 (up from JP¥52.22 in 3Q 2021). Revenue: JP¥11.8b (up 7.7% from 3Q 2021). Net income: JP¥529.0m (down 3.5% from 3Q 2021). Profit margin: 4.5% (down from 5.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS JP¥38.19 (vs JP¥35.52 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥10.6b (up 9.3% from 2Q 2021). Net income: JP¥387.0m (up 3.2% from 2Q 2021). Profit margin: 3.7% (down from 3.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥2,539, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 46% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.4%). Reported Earnings • Jul 28
First quarter 2022 earnings released: EPS JP¥35.90 (vs JP¥26.81 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.2b (up 12% from 1Q 2021). Net income: JP¥367.0m (up 30% from 1Q 2021). Profit margin: 3.6% (up from 3.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS JP¥164 (vs JP¥177 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥40.4b (down 8.0% from FY 2020). Net income: JP¥1.72b (down 9.1% from FY 2020). Profit margin: 4.3% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • May 01
Full year 2021 earnings released: EPS JP¥164 (vs JP¥177 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥40.4b (down 8.0% from FY 2020). Net income: JP¥1.72b (down 9.1% from FY 2020). Profit margin: 4.3% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (3.0%). Announcement • Mar 19
Sugimoto & Co., Ltd. to Report Fiscal Year 2021 Results on Apr 27, 2021 Sugimoto & Co., Ltd. announced that they will report fiscal year 2021 results on Apr 27, 2021 Reported Earnings • Feb 20
Third quarter 2021 earnings released: EPS JP¥52.22 (vs JP¥67.22 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥10.9b (down 8.6% from 3Q 2020). Net income: JP¥548.0m (down 23% from 3Q 2020). Profit margin: 5.0% (down from 5.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Jan 28
Third quarter 2021 earnings released: EPS JP¥52.22 (vs JP¥67.22 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥10.9b (down 8.6% from 3Q 2020). Net income: JP¥548.0m (down 23% from 3Q 2020). Profit margin: 5.0% (down from 5.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 13
New 90-day high: JP¥2,540 The company is up 36% from its price of JP¥1,874 on 15 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 11% over the same period. Announcement • Dec 24
Sugimoto & Co., Ltd. to Report Q3, 2021 Results on Jan 27, 2021 Sugimoto & Co., Ltd. announced that they will report Q3, 2021 results on Jan 27, 2021 Is New 90 Day High Low • Dec 01
New 90-day high: JP¥2,476 The company is up 29% from its price of JP¥1,912 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is flat over the same period. Announcement • Oct 10
Sugimoto & Co., Ltd. to Report Q2, 2021 Results on Oct 27, 2020 Sugimoto & Co., Ltd. announced that they will report Q2, 2021 results on Oct 27, 2020 Announcement • Jul 30
Sugimoto & Co., Ltd. (TSE:9932) completed the acquisition of acquire Measuring Instrument Sales Business of Nidec-Shimpo Corporation. Sugimoto & Co., Ltd. (TSE:9932) entered into an agreement to acquire Measuring Instrument Sales Business of Nidec-Shimpo Corporation on June 29, 2019.
Sugimoto & Co., Ltd. (TSE:9932) completed the acquisition of acquire Measuring Instrument Sales Business of Nidec-Shimpo Corporation on December 16, 2019. Announcement • Jun 28
Sugimoto & Co., Ltd. to Report Q1, 2021 Results on Jul 27, 2020 Sugimoto & Co., Ltd. announced that they will report Q1, 2021 results on Jul 27, 2020