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6417

Sankyo TSE:6417 Stock Report

Last Price

JP¥4.30k

Market Cap

JP¥249.4b

7D

6.8%

1Y

55.9%

Updated

28 Sep, 2022

Data

Company Financials +
6417 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

6417 Stock Overview

Sankyo Co., Ltd. manufactures and sells game machines and ball bearing supply systems in Japan.

Sankyo Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sankyo
Historical stock prices
Current Share PriceJP¥4,300.00
52 Week HighJP¥4,400.00
52 Week LowJP¥2,714.00
Beta0.10
1 Month Change5.13%
3 Month Change4.75%
1 Year Change55.85%
3 Year Change14.67%
5 Year Change17.97%
Change since IPO-22.69%

Recent News & Updates

Shareholder Returns

6417JP LeisureJP Market
7D6.8%-1.8%-2.3%
1Y55.9%-11.8%-8.8%

Return vs Industry: 6417 exceeded the JP Leisure industry which returned -11.8% over the past year.

Return vs Market: 6417 exceeded the JP Market which returned -8.8% over the past year.

Price Volatility

Is 6417's price volatile compared to industry and market?
6417 volatility
6417 Average Weekly Movement2.8%
Leisure Industry Average Movement4.1%
Market Average Movement3.5%
10% most volatile stocks in JP Market7.4%
10% least volatile stocks in JP Market1.8%

Stable Share Price: 6417 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 6417's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960906Akihiko Ishiharahttps://www.sankyo-fever.co.jp

Sankyo Co., Ltd. manufactures and sells game machines and ball bearing supply systems in Japan. It operates through Pachinko Machines Business, Pachislot Machines Business, Ball Bearing Supply Systems Business, and Other Businesses segments. The Pachinko Machines Business segment produces and sells pachinko machines, machine gauges, as well as sells related parts.

Sankyo Fundamentals Summary

How do Sankyo's earnings and revenue compare to its market cap?
6417 fundamental statistics
Market CapJP¥249.38b
Earnings (TTM)JP¥25.45b
Revenue (TTM)JP¥101.69b

9.8x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6417 income statement (TTM)
RevenueJP¥101.69b
Cost of RevenueJP¥44.48b
Gross ProfitJP¥57.21b
Other ExpensesJP¥31.76b
EarningsJP¥25.45b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)438.36
Gross Margin56.26%
Net Profit Margin25.03%
Debt/Equity Ratio0.0%

How did 6417 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

23%

Payout Ratio

Does 6417 pay a reliable dividends?

See 6417 dividend history and benchmarks
When do you need to buy 6417 by to receive an upcoming dividend?
Sankyo dividend dates
Ex Dividend DateSep 29 2022
Dividend Pay DateDec 01 2022
Days until Ex dividend1 day
Days until Dividend pay date64 days

Does 6417 pay a reliable dividends?

See 6417 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 6417 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6417?

Other financial metrics that can be useful for relative valuation.

6417 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA0.6x
PEG Ratio-0.6x

Price to Earnings Ratio vs Peers

How does 6417's PE Ratio compare to its peers?

6417 PE Ratio vs Peers
The above table shows the PE ratio for 6417 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.5x
6460 Sega Sammy Holdings
11.9x5.5%JP¥436.7b
7867 TOMY Company
16.6x12.6%JP¥115.4b
7944 Roland
18.2x10.6%JP¥112.1b
7906 YONEX
14.7x3.6%JP¥123.2b
6417 Sankyo
9.8x-16.6%JP¥249.4b

Price-To-Earnings vs Peers: 6417 is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (15.5x).


Price to Earnings Ratio vs Industry

How does 6417's PE Ratio compare vs other companies in the JP Leisure Industry?

Price-To-Earnings vs Industry: 6417 is good value based on its Price-To-Earnings Ratio (9.8x) compared to the JP Leisure industry average (15.7x)


Price to Earnings Ratio vs Fair Ratio

What is 6417's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6417 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ratio8.5x

Price-To-Earnings vs Fair Ratio: 6417 is expensive based on its Price-To-Earnings Ratio (9.8x) compared to the estimated Fair Price-To-Earnings Ratio (8.5x).


Share Price vs Fair Value

What is the Fair Price of 6417 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6417 (¥4300) is trading below our estimate of fair value (¥6347.59)

Significantly Below Fair Value: 6417 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Sankyo forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-16.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6417's earnings are forecast to decline over the next 3 years (-16.6% per year).

Earnings vs Market: 6417's earnings are forecast to decline over the next 3 years (-16.6% per year).

High Growth Earnings: 6417's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 6417's revenue is expected to decline over the next 3 years (-5.3% per year).

High Growth Revenue: 6417's revenue is forecast to decline over the next 3 years (-5.3% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6417's Return on Equity is forecast to be low in 3 years time (4.7%).


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Past Performance

How has Sankyo performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


23.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6417 has high quality earnings.

Growing Profit Margin: 6417's current net profit margins (25%) are higher than last year (6.7%).


Past Earnings Growth Analysis

Earnings Trend: 6417's earnings have grown significantly by 23.5% per year over the past 5 years.

Accelerating Growth: 6417's earnings growth over the past year (641.2%) exceeds its 5-year average (23.5% per year).

Earnings vs Industry: 6417 earnings growth over the past year (641.2%) exceeded the Leisure industry 11.6%.


Return on Equity

High ROE: 6417's Return on Equity (9.3%) is considered low.


Discover strong past performing companies

Financial Health

How is Sankyo's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6417's short term assets (¥262.5B) exceed its short term liabilities (¥24.3B).

Long Term Liabilities: 6417's short term assets (¥262.5B) exceed its long term liabilities (¥8.1B).


Debt to Equity History and Analysis

Debt Level: 6417 is debt free.

Reducing Debt: 6417 has no debt compared to 5 years ago when its debt to equity ratio was 6%.

Debt Coverage: 6417 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6417 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Sankyo current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.79%

Current Dividend Yield

Dividend Yield vs Market

Sankyo Dividend Yield vs Market
How does Sankyo dividend yield compare to the market?
SegmentDividend Yield
Company (Sankyo)2.8%
Market Bottom 25% (JP)1.7%
Market Top 25% (JP)3.7%
Industry Average (Leisure)1.2%
Analyst forecast in 3 Years (Sankyo)2.7%

Notable Dividend: 6417's dividend (2.79%) is higher than the bottom 25% of dividend payers in the JP market (1.66%).

High Dividend: 6417's dividend (2.79%) is low compared to the top 25% of dividend payers in the JP market (3.73%).


Stability and Growth of Payments

Stable Dividend: 6417's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6417's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.5%), 6417's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (33.6%), 6417's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Akihiko Ishihara (60 yo)

10.25yrs

Tenure

Mr. Akihiko Ishihara serves as Director at Sankyo Co., Ltd since June 2012. He has been Director of Gamecard-Joyco Holdings,Inc. since June 2021.He is President of Sankyo Co., Ltd since June 29, 2021 and...


Leadership Team

Experienced Management: 6417's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: 6417's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of 6417?
Owner TypeNumber of SharesOwnership Percentage
Public Companies7,129,00012.3%
Institutions14,640,96425.2%
Individual Insiders15,071,20026.0%
General Public21,222,73636.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 59.73% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
17.78%
Hideyuki Busujima
10,322,400¥44.4b0%no data
12.28%
Hikari Tsushin, Inc.
7,129,000¥30.7b0%no data
3.4%
Akiko Busujima
1,976,000¥8.5b0%no data
3.28%
Noriko Akaishi
1,906,000¥8.2b0%no data
2.59%
The Vanguard Group, Inc.
1,506,040¥6.5b1.44%no data
2.36%
Nomura Asset Management Co., Ltd.
1,368,500¥5.9b-0.47%0.02%
2.3%
Sumitomo Mitsui Financial Group Inc., Asset Management Arm
1,337,000¥5.7b0%0.11%
2.04%
JPMorgan Chase & Co, Brokerage and Securities Investments
1,182,000¥5.1b0%0.03%
1.61%
Resona Bank Ltd., Asset Management Arm
937,000¥4.0b0%0.65%
1.43%
Takeshi Busujima
828,000¥3.6b0%no data
1.31%
Norges Bank Investment Management
760,967¥3.3b0%no data
1.17%
BlackRock, Inc.
678,200¥2.9b-3.51%no data
1.13%
Dimensional Fund Advisors LP
658,650¥2.8b-0.15%no data
1.09%
Daiwa Asset Management Co. Ltd.
631,400¥2.7b0.14%0.02%
1.08%
Nikko Asset Management Co., Ltd.
628,000¥2.7b-1.13%0.01%
0.91%
Baillie Gifford & Co.
530,500¥2.3b0%0.01%
0.68%
Goldman Sachs Asset Management, L.P.
392,200¥1.7b18.83%no data
0.61%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
353,800¥1.5b-2.24%no data
0.54%
Royal London Asset Management Limited
315,400¥1.4b0%0.02%
0.53%
Victory Capital Management Inc.
308,500¥1.3b0%0.01%
0.4%
SEI Investments Company
232,000¥997.6m0%0.01%
0.39%
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.
228,100¥980.8m0.84%0.01%
0.3%
Prodigy Capital Partners LLP
175,000¥752.5m0%2.5%
0.26%
Storebrand Asset Management AS
148,465¥638.4m28.14%0.05%
0.25%
Massachusetts Financial Services Company
145,869¥627.2m-2.45%no data

Company Information

Sankyo Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Sankyo Co., Ltd.
  • Ticker: 6417
  • Exchange: TSE
  • Founded: 1960
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Implied Market Cap: JP¥249.384b
  • Shares outstanding: 58.06m
  • Website: https://www.sankyo-fever.co.jp

Number of Employees


Location

  • Sankyo Co., Ltd.
  • 3-29-14, Shibuya
  • Shibuya-ku
  • Tokyo
  • 150-8327
  • Japan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SKXJ.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
6417TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
SOKDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.