Announcement • Aug 03
SAN-A CO.,LTD. to Report Q2, 2027 Results on Oct 06, 2026 SAN-A CO.,LTD. announced that they will report Q2, 2027 results on Oct 06, 2026 Reported Earnings • Jul 13
First quarter 2027 earnings released: EPS: JP¥49.59 (vs JP¥47.25 in 1Q 2026) First quarter 2027 results: EPS: JP¥49.59 (up from JP¥47.25 in 1Q 2026). Revenue: JP¥63.8b (up 17% from 1Q 2026). Net income: JP¥3.06b (up 4.6% from 1Q 2026). Profit margin: 4.8% (down from 5.4% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Japan. 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 11% per year. Price Target Changed • Jun 18
Price target increased by 11% to JP¥3,550 Up from JP¥3,200, the current price target is an average from 2 analysts. New target price is 11% above last closing price of JP¥3,185. Stock is up 8.0% over the past year. The company is forecast to post earnings per share of JP¥193 for next year compared to JP¥173 last year. Announcement • May 23
SAN-A CO.,LTD. to Report Q1, 2027 Results on Jul 07, 2026 SAN-A CO.,LTD. announced that they will report Q1, 2027 results on Jul 07, 2026 Reported Earnings • Apr 09
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: JP¥173 (down from JP¥185 in FY 2025). Revenue: JP¥245.5b (up 3.5% from FY 2025). Net income: JP¥10.7b (down 6.9% from FY 2025). Profit margin: 4.3% (down from 4.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.8%. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Consumer Retailing industry in Japan. 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 14% per year. Announcement • Apr 02
SAN-A CO.,LTD. to Report Fiscal Year 2026 Results on Apr 07, 2026 SAN-A CO.,LTD. announced that they will report fiscal year 2026 results on Apr 07, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥100.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Reported Earnings • Jan 08
Third quarter 2026 earnings released: EPS: JP¥35.62 (vs JP¥35.77 in 3Q 2025) Third quarter 2026 results: EPS: JP¥35.62 (down from JP¥35.77 in 3Q 2025). Revenue: JP¥55.3b (down 1.3% from 3Q 2025). Net income: JP¥2.20b (flat on 3Q 2025). Profit margin: 4.0% (in line with 3Q 2025). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Japan. 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 15% per year. Announcement • Jan 08
SAN-A CO.,LTD. Announces Earnings Forecast for the Fiscal Year Ending February 28, 2026 SAN-A CO.,LTD. announced earnings forecast for the fiscal year ending February 28, 2026. For the period, the company expects operating revenue of JPY 247,876 million, operating profit of JPY 17,227 million, Profit attributable to owners of parent of JPY 11,005 million and Basic earnings per share of JPY 177.98 million. Announcement • Nov 03
SAN-A CO.,LTD. to Report Q3, 2026 Results on Jan 07, 2026 SAN-A CO.,LTD. announced that they will report Q3, 2026 results on Jan 07, 2026 Declared Dividend • Oct 09
Dividend of JP¥100.00 announced Shareholders will receive a dividend of JP¥100.00. Ex-date: 26th February 2026 Payment date: 28th May 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 08
Second quarter 2026 earnings released: EPS: JP¥47.73 (vs JP¥51.18 in 2Q 2025) Second quarter 2026 results: EPS: JP¥47.73 (down from JP¥51.18 in 2Q 2025). Revenue: JP¥67.9b (up 7.7% from 2Q 2025). Net income: JP¥2.95b (down 6.7% from 2Q 2025). Profit margin: 4.4% (down from 5.0% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
SAN-A CO.,LTD. to Report Q2, 2026 Results on Oct 07, 2025 SAN-A CO.,LTD. announced that they will report Q2, 2026 results on Oct 07, 2025 Board Change • Jul 07
Less than half of directors are independent Following 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 Outside Director Eriko Miyakuni was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 14
SAN-A CO.,LTD. to Report Q1, 2026 Results on Jul 04, 2025 SAN-A CO.,LTD. announced that they will report Q1, 2026 results on Jul 04, 2025 Reported Earnings • Apr 08
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: JP¥185 (up from JP¥173 in FY 2024). Revenue: JP¥237.2b (up 4.2% from FY 2024). Net income: JP¥11.5b (up 7.4% from FY 2024). Profit margin: 4.8% (up from 4.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Apr 07
SAN-A CO.,LTD., Annual General Meeting, May 27, 2025 SAN-A CO.,LTD., Annual General Meeting, May 27, 2025. Announcement • Feb 03
SAN-A CO.,LTD. to Report Fiscal Year 2025 Results on Apr 07, 2025 SAN-A CO.,LTD. announced that they will report fiscal year 2025 results on Apr 07, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 09
Third quarter 2025 earnings released: EPS: JP¥35.77 (vs JP¥36.36 in 3Q 2024) Third quarter 2025 results: EPS: JP¥35.77 (down from JP¥36.36 in 3Q 2024). Revenue: JP¥56.0b (up 3.4% from 3Q 2024). Net income: JP¥2.21b (down 1.6% from 3Q 2024). Profit margin: 4.0% (down from 4.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Price Target Changed • Dec 09
Price target increased by 18% to JP¥3,400 Up from JP¥2,875, the current price target is provided by 1 analyst. New target price is 23% above last closing price of JP¥2,754. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥191 for next year compared to JP¥173 last year. Announcement • Dec 03
SAN-A CO.,LTD. to Report Q3, 2025 Results on Jan 08, 2025 SAN-A CO.,LTD. announced that they will report Q3, 2025 results on Jan 08, 2025 Reported Earnings • Oct 09
Second quarter 2025 earnings released: EPS: JP¥423,355 (vs JP¥52.36 in 2Q 2024) Second quarter 2025 results: EPS: JP¥423,355. Revenue: JP¥63.0b (up 6.4% from 2Q 2024). Net income: JP¥3.17b (down 2.2% from 2Q 2024). Profit margin: 5.0% (down from 5.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Retailing industry in Japan. Declared Dividend • Oct 06
Dividend of JP¥55.00 announced Shareholders will receive a dividend of JP¥55.00. Ex-date: 27th February 2025 Payment date: 29th May 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 31
SAN-A CO.,LTD. to Report Q2, 2025 Results on Oct 04, 2024 SAN-A CO.,LTD. announced that they will report Q2, 2025 results on Oct 04, 2024 Announcement • Jul 10
SAN-A CO.,LTD. Provides Dividend Guidance for the Year Ending February 28, 2025 SAN-A CO.,LTD. provided dividend guidance for the year ending February 28, 2025. For the period, the company expects a dividend of ¥55.00 per share against ¥110.00 per share paid a year ago. Announcement • Jul 09
SAN-A CO.,LTD. Announces Earnings Guidance for the Full Year Ending February 28, 2025 SAN-A CO.,LTD. announced earnings guidance for the full year ending February 28, 2025. For the full year ending February 28, 2025, the company expects operating revenue of JPY 236,120 million, operating profit of JPY 16,670 million and profit attributable to owners of the parent of JPY 11,185 million or JPY 180.92 per share. Reported Earnings • Jul 07
First quarter 2025 earnings released: EPS: JP¥89.58 (vs JP¥76.72 in 1Q 2024) First quarter 2025 results: EPS: JP¥89.58 (up from JP¥76.72 in 1Q 2024). Revenue: JP¥57.7b (up 3.7% from 1Q 2024). Net income: JP¥2.77b (up 17% from 1Q 2024). Profit margin: 4.8% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jun 06
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥338 to JP¥382. Revenue forecast unchanged at JP¥236.0b. Net income forecast to grow 10% next year vs 6.1% growth forecast for Consumer Retailing industry in Japan. Consensus price target up from JP¥5,750 to JP¥5,900. Share price rose 3.2% to JP¥4,890 over the past week. Reported Earnings • Jun 01
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥346 (up from JP¥245 in FY 2023). Revenue: JP¥227.6b (up 6.6% from FY 2023). Net income: JP¥10.7b (up 41% from FY 2023). Profit margin: 4.7% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 06
SAN-A CO.,LTD. to Report Q1, 2025 Results on Jul 05, 2024 SAN-A CO.,LTD. announced that they will report Q1, 2025 results on Jul 05, 2024 Reported Earnings • Apr 07
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥346 (up from JP¥245 in FY 2023). Revenue: JP¥227.6b (up 6.6% from FY 2023). Net income: JP¥10.7b (up 41% from FY 2023). Profit margin: 4.7% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Mar 01
SAN-A CO.,LTD. to Report Fiscal Year 2024 Results on Apr 05, 2024 SAN-A CO.,LTD. announced that they will report fiscal year 2024 results on Apr 05, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥110 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.5%). Reported Earnings • Jan 08
Third quarter 2024 earnings released: EPS: JP¥72.72 (vs JP¥45.08 in 3Q 2023) Third quarter 2024 results: EPS: JP¥72.72 (up from JP¥45.08 in 3Q 2023). Revenue: JP¥54.1b (up 6.5% from 3Q 2023). Net income: JP¥2.25b (up 61% from 3Q 2023). Profit margin: 4.2% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Dec 12
Consensus EPS estimates increase by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥224.9b to JP¥228.6b. EPS estimate increased from JP¥280 to JP¥319 per share. Net income forecast to grow 8.5% next year vs 6.0% growth forecast for Consumer Retailing industry in Japan. Consensus price target broadly unchanged at JP¥5,750. Share price was steady at JP¥4,655 over the past week. Announcement • Nov 04
SAN-A CO.,LTD. to Report Q3, 2024 Results on Jan 05, 2024 SAN-A CO.,LTD. announced that they will report Q3, 2024 results on Jan 05, 2024 Reported Earnings • Oct 06
Second quarter 2024 earnings released: EPS: JP¥105 (vs JP¥68.64 in 2Q 2023) Second quarter 2024 results: EPS: JP¥105 (up from JP¥68.64 in 2Q 2023). Revenue: JP¥59.2b (up 6.4% from 2Q 2023). Net income: JP¥3.24b (up 53% from 2Q 2023). Profit margin: 5.5% (up from 3.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 06
First quarter 2024 earnings released: EPS: JP¥76.72 (vs JP¥54.89 in 1Q 2023) First quarter 2024 results: EPS: JP¥76.72 (up from JP¥54.89 in 1Q 2023). Revenue: JP¥55.6b (up 8.7% from 1Q 2023). Net income: JP¥2.37b (up 40% from 1Q 2023). Profit margin: 4.3% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Japan. 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. Buying Opportunity • Jun 30
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥5,720, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Buying Opportunity • Jun 15
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥5,720, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Buying Opportunity • May 30
Now 20% undervalued Over the last 90 days, the stock is up 8.4%. The fair value is estimated to be JP¥5,720, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Price Target Changed • May 12
Price target increased by 10% to JP¥5,500 Up from JP¥5,000, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥4,770. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥269 for next year compared to JP¥245 last year. Announcement • May 08
SAN-A CO.,LTD. to Report Q1, 2024 Results on Jul 05, 2023 SAN-A CO.,LTD. announced that they will report Q1, 2024 results on Jul 05, 2023 Reported Earnings • Apr 08
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: JP¥245 (up from JP¥211 in FY 2022). Revenue: JP¥213.5b (up 4.5% from FY 2022). Net income: JP¥7.57b (up 14% from FY 2022). Profit margin: 3.5% (up from 3.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥60.00 per share at 1.5% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.6%). Announcement • Jan 31
SAN-A CO.,LTD. to Report Fiscal Year 2023 Results on Apr 05, 2023 SAN-A CO.,LTD. announced that they will report fiscal year 2023 results on Apr 05, 2023 Reported Earnings • Jan 06
Third quarter 2023 earnings released: EPS: JP¥45.08 (vs JP¥51.78 in 3Q 2022) Third quarter 2023 results: EPS: JP¥45.08 (down from JP¥51.78 in 3Q 2022). Revenue: JP¥50.8b (up 3.2% from 3Q 2022). Net income: JP¥1.39b (down 14% from 3Q 2022). Profit margin: 2.7% (down from 3.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). External Director Seiko Nozaki was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 06
Second quarter 2023 earnings released: EPS: JP¥68.64 (vs JP¥45.30 in 2Q 2022) Second quarter 2023 results: EPS: JP¥68.64 (up from JP¥45.30 in 2Q 2022). Revenue: JP¥55.6b (up 6.9% from 2Q 2022). Net income: JP¥2.12b (up 47% from 2Q 2022). Profit margin: 3.8% (up from 2.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Announcement • Aug 11
SAN-A CO.,LTD. to Report Q2, 2023 Results on Oct 05, 2022 SAN-A CO.,LTD. announced that they will report Q2, 2023 results on Oct 05, 2022 Reported Earnings • Jul 07
First quarter 2023 earnings released: EPS: JP¥54.89 (vs JP¥54.44 in 1Q 2022) First quarter 2023 results: EPS: JP¥54.89. Revenue: JP¥51.2b (flat on 1Q 2022). Net income: JP¥1.70b (down 2.5% from 1Q 2022). Profit margin: 3.3% (down from 3.4% in 1Q 2022). Over the next year, revenue is forecast to grow 4.4%, compared to a 13% growth forecast for the industry in Japan. Reported Earnings • Jun 02
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥211 (up from JP¥190 in FY 2021). Revenue: JP¥204.4b (flat on FY 2021). Net income: JP¥6.66b (up 9.6% from FY 2021). Profit margin: 3.3% (up from 3.0% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 3.6%, compared to a 21% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Major Estimate Revision • May 18
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥215.2b to JP¥211.8b. EPS estimate also fell from JP¥281 per share to JP¥236 per share. Net income forecast to grow 9.3% next year vs 8.7% growth forecast for Consumer Retailing industry in Japan. Consensus price target of JP¥5,000 unchanged from last update. Share price was steady at JP¥4,030 over the past week. Announcement • May 12
SAN-A CO.,LTD. to Report Q1, 2023 Results on Jul 05, 2022 SAN-A CO.,LTD. announced that they will report Q1, 2023 results on Jul 05, 2022 Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). External Director Seiko Nozaki was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 07
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥211 (up from JP¥190 in FY 2021). Revenue: JP¥204.4b (flat on FY 2021). Net income: JP¥6.66b (up 9.6% from FY 2021). Profit margin: 3.3% (up from 3.0% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 5.3%, compared to a 15% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%). Announcement • Feb 12
SAN-A CO.,LTD. to Report Fiscal Year 2022 Results on Apr 05, 2022 SAN-A CO.,LTD. announced that they will report fiscal year 2022 results on Apr 05, 2022 Reported Earnings • Jan 07
Third quarter 2022 earnings: EPS misses analyst expectations Third quarter 2022 results: EPS: JP¥51.78 (up from JP¥36.67 in 3Q 2021). Revenue: JP¥49.2b (up 1.9% from 3Q 2021). Net income: JP¥1.62b (up 38% from 3Q 2021). Profit margin: 3.3% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 4.8%, compared to a 28% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Jan 06
SAN-A CO.,LTD. Provides Consolidated Earnings Guidance for the Year Ending February 28, 2022 SAN-A CO.,LTD. provided Consolidated earnings guidance for the year ending February 28, 2022. The company expects Operating revenue to be JPY 208,022 million, Operating profit to be JPY 10,474 million, Profit attributable to owners of parent to be JPY 7,227 million and Earnings per share to be JPY 226.12. Reported Earnings • Oct 06
Second quarter 2022 earnings released: EPS JP¥45.30 (vs JP¥62.23 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥52.0b (down 4.3% from 2Q 2021). Net income: JP¥1.45b (down 27% from 2Q 2021). Profit margin: 2.8% (down from 3.7% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 08
First quarter 2022 earnings released: EPS JP¥54.44 (vs JP¥42.74 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥47.4b (down 2.6% from 1Q 2021). Net income: JP¥1.74b (up 27% from 1Q 2021). Profit margin: 3.7% (up from 2.8% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • May 31
Full year 2021 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥202.8b (up 1.7% from FY 2020). Net income: JP¥6.07b (down 21% from FY 2020). Profit margin: 3.0% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Major Estimate Revision • May 12
Consensus EPS estimates fall to JP¥253 The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥212.9b to JP¥209.8b. EPS estimate also fell from JP¥289 to JP¥253. Net income forecast to grow 33% next year vs 8.5% growth forecast for Consumer Retailing industry in Japan. Consensus price target of JP¥5,200 unchanged from last update. Share price was steady at JP¥4,180 over the past week. Reported Earnings • Apr 09
Full year 2021 earnings released: EPS JP¥190 (vs JP¥240 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥202.8b (up 1.7% from FY 2020). Net income: JP¥6.07b (down 21% from FY 2020). Profit margin: 3.0% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.