Reported Earnings • May 15
Full year 2026 earnings released: EPS: JP¥150 (vs JP¥158 in FY 2025) Full year 2026 results: EPS: JP¥150 (down from JP¥158 in FY 2025). Revenue: JP¥50.8b (up 3.4% from FY 2025). Net income: JP¥1.25b (down 4.8% from FY 2025). Profit margin: 2.5% (down from 2.7% in FY 2025). 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 increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Satoh & Co., Ltd., Annual General Meeting, Jun 25, 2026 Satoh & Co., Ltd., Annual General Meeting, Jun 25, 2026. Announcement • May 10
Satoh & Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Satoh & Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥54.91 (vs JP¥58.03 in 3Q 2025) Third quarter 2026 results: EPS: JP¥54.91 (down from JP¥58.03 in 3Q 2025). Revenue: JP¥13.9b (up 1.9% from 3Q 2025). Net income: JP¥458.0m (down 5.4% from 3Q 2025). Profit margin: 3.3% (down from 3.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 18
Satoh & Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026 Satoh & Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Declared Dividend • Dec 11
First half dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 6.7% 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. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥42.09 (vs JP¥42.69 in 2Q 2025) Second quarter 2026 results: EPS: JP¥42.09 (down from JP¥42.69 in 2Q 2025). Revenue: JP¥12.5b (up 3.5% from 2Q 2025). Net income: JP¥351.0m (down 1.4% from 2Q 2025). Profit margin: 2.8% (down from 2.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Announcement • Sep 10
Satoh & Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025 Satoh & Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 11
First quarter 2026 earnings released: EPS: JP¥34.05 (vs JP¥33.93 in 1Q 2025) First quarter 2026 results: EPS: JP¥34.05 (up from JP¥33.93 in 1Q 2025). Revenue: JP¥12.3b (up 2.5% from 1Q 2025). Net income: JP¥284.0m (flat on 1Q 2025). Profit margin: 2.3% (down from 2.4% 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 18% per year whereas the company’s share price has increased by 19% per year. Declared Dividend • Jul 09
Final dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 29th September 2025 Payment date: 10th December 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.7% 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. Earnings per share has grown by 6.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥158 (vs JP¥147 in FY 2024) Full year 2025 results: EPS: JP¥158 (up from JP¥147 in FY 2024). Revenue: JP¥49.1b (up 3.2% from FY 2024). Net income: JP¥1.32b (up 7.2% from FY 2024). Profit margin: 2.7% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. 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 14% per year, which means it is significantly lagging earnings growth. Announcement • Jun 17
Satoh & Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Satoh & Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥158 (vs JP¥147 in FY 2024) Full year 2025 results: EPS: JP¥158 (up from JP¥147 in FY 2024). Revenue: JP¥49.1b (up 3.2% from FY 2024). Net income: JP¥1.32b (up 7.2% from FY 2024). Profit margin: 2.7% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. 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 14% per year, which means it is significantly lagging earnings growth. Announcement • May 13
Satoh & Co., Ltd., Annual General Meeting, Jun 25, 2025 Satoh & Co., Ltd., Annual General Meeting, Jun 25, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 14
Satoh & Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Satoh & Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥58.03 (vs JP¥54.32 in 3Q 2024) Third quarter 2025 results: EPS: JP¥58.03 (up from JP¥54.32 in 3Q 2024). Revenue: JP¥13.6b (up 3.5% from 3Q 2024). Net income: JP¥484.0m (up 6.8% from 3Q 2024). Profit margin: 3.5% (up from 3.4% 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 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Dec 20
Satoh & Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025 Satoh & Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025 Declared Dividend • Dec 11
First half dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.2% 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. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 26
Satoh & Co., Ltd. to Report Q2, 2025 Results on Nov 13, 2024 Satoh & Co., Ltd. announced that they will report Q2, 2025 results on Nov 13, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). New Risk • Sep 17
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 • Aug 14
First quarter 2025 earnings released: EPS: JP¥33.93 (vs JP¥33.45 in 1Q 2024) First quarter 2025 results: EPS: JP¥33.93 (up from JP¥33.45 in 1Q 2024). Revenue: JP¥12.0b (up 3.4% from 1Q 2024). Net income: JP¥283.0m (up 1.4% from 1Q 2024). Profit margin: 2.4% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 11
Final dividend increased to JP¥22.00 Dividend of JP¥22.00 is 10% higher than last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 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 (27% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 6.5% 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. Earnings per share has grown by 2.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 20
Satoh & Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Satoh & Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥147 (vs JP¥116 in FY 2023) Full year 2024 results: EPS: JP¥147 (up from JP¥116 in FY 2023). Revenue: JP¥47.6b (up 9.0% from FY 2023). Net income: JP¥1.23b (up 27% from FY 2023). Profit margin: 2.6% (up from 2.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Satoh & Co., Ltd., Annual General Meeting, Jun 26, 2024 Satoh & Co., Ltd., Annual General Meeting, Jun 26, 2024. New Risk • Apr 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$97.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.1b market cap, or US$97.7m). Announcement • Mar 23
Satoh & Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 Satoh & Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥54.31 (vs JP¥44.60 in 3Q 2023) Third quarter 2024 results: EPS: JP¥54.31 (up from JP¥44.60 in 3Q 2023). Revenue: JP¥13.2b (up 8.0% from 3Q 2023). Net income: JP¥453.0m (up 22% from 3Q 2023). Profit margin: 3.4% (up from 3.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,029, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 45% over the past three years. Announcement • Dec 28
Satoh & Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Satoh & Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Buying Opportunity • Nov 13
Now 21% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be JP¥1,863, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥34.65 (vs JP¥31.06 in 2Q 2023) Second quarter 2024 results: EPS: JP¥34.65 (up from JP¥31.06 in 2Q 2023). Revenue: JP¥11.5b (up 9.8% from 2Q 2023). Net income: JP¥289.0m (up 12% from 2Q 2023). Profit margin: 2.5% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Oct 03
Now 21% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be JP¥1,854, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,630, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 12% over the past three years. Announcement • Sep 15
Satoh & Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Satoh & Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥33.45 (vs JP¥28.66 in 1Q 2023) First quarter 2024 results: EPS: JP¥33.45 (up from JP¥28.66 in 1Q 2023). Revenue: JP¥11.6b (up 13% from 1Q 2023). Net income: JP¥279.0m (up 17% from 1Q 2023). Profit margin: 2.4% (up from 2.3% 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 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jun 17
Satoh & Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Satoh & Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥116 (vs JP¥71.35 in FY 2022) Full year 2023 results: EPS: JP¥116 (up from JP¥71.35 in FY 2022). Revenue: JP¥43.7b (up 12% from FY 2022). Net income: JP¥968.0m (up 54% from FY 2022). Profit margin: 2.2% (up from 1.6% 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 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • May 14
Satoh & Co., Ltd., Annual General Meeting, Jun 29, 2023 Satoh & Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥16.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥44.60 (vs JP¥30.09 in 3Q 2022) Third quarter 2023 results: EPS: JP¥44.60 (up from JP¥30.09 in 3Q 2022). Revenue: JP¥12.2b (up 9.3% from 3Q 2022). Net income: JP¥372.0m (up 38% from 3Q 2022). Profit margin: 3.0% (up from 2.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Announcement • Dec 26
Satoh & Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Satoh & Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥31.05 (vs JP¥12.53 in 2Q 2022) Second quarter 2023 results: EPS: JP¥31.05 (up from JP¥12.53 in 2Q 2022). Revenue: JP¥10.5b (up 14% from 2Q 2022). Net income: JP¥259.0m (up 131% from 2Q 2022). Profit margin: 2.5% (up from 1.2% 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 14% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥31.05 (vs JP¥12.53 in 2Q 2022) Second quarter 2023 results: EPS: JP¥31.05 (up from JP¥12.53 in 2Q 2022). Revenue: JP¥10.5b (up 14% from 2Q 2022). Net income: JP¥259.0m (up 131% from 2Q 2022). Profit margin: 2.5% (up from 1.2% 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 14% per year whereas the company’s share price has fallen by 10% per year. Announcement • Sep 24
Satoh & Co., Ltd. to Report Q2, 2023 Results on Nov 10, 2022 Satoh & Co., Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥28.66 (vs JP¥17.45 in 1Q 2022) First quarter 2023 results: EPS: JP¥28.66 (up from JP¥17.45 in 1Q 2022). Revenue: JP¥10.3b (up 11% from 1Q 2022). Net income: JP¥239.0m (up 53% from 1Q 2022). Profit margin: 2.3% (up from 1.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% 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 16
Full year 2022 earnings released: EPS: JP¥71.35 (vs JP¥64.32 in FY 2021) Full year 2022 results: EPS: JP¥71.35 (up from JP¥64.32 in FY 2021). Revenue: JP¥38.9b (down 11% from FY 2021). Net income: JP¥628.0m (up 9.2% from FY 2021). Profit margin: 1.6% (up from 1.3% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% 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. Announcement • May 14
Satoh & Co., Ltd., Annual General Meeting, Jun 28, 2022 Satoh & Co., Ltd., Annual General Meeting, Jun 28, 2022. Announcement • Apr 08
Satoh & Co., Ltd. to Report Q4, 2022 Results on May 12, 2022 Satoh & Co., Ltd. announced that they will report Q4, 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥30.08 (down from JP¥40.38 in 3Q 2021). Revenue: JP¥11.2b (down 11% from 3Q 2021). Net income: JP¥269.0m (down 26% from 3Q 2021). Profit margin: 2.4% (down from 2.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 26% 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 • Nov 12
Second quarter 2022 earnings released: EPS JP¥12.53 (vs JP¥2.80 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥9.24b (down 17% from 2Q 2021). Net income: JP¥112.0m (up 348% from 2Q 2021). Profit margin: 1.2% (up from 0.2% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% 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. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 09 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥64.31 (vs JP¥116 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥43.6b (down 12% from FY 2020). Net income: JP¥575.0m (down 45% from FY 2020). Profit margin: 1.3% (down from 2.1% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥40.37 (vs JP¥46.76 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥12.5b (down 7.8% from 3Q 2020). Net income: JP¥361.0m (down 14% from 3Q 2020). Profit margin: 2.9% (down from 3.1% 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 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Dec 26
Satoh & Co., Ltd. to Report Q3, 2021 Results on Feb 10, 2021 Satoh & Co., Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 01
New 90-day low: JP¥1,454 The company is down 3.0% from its price of JP¥1,500 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 1.0% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥2.80 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥11.1b (down 12% from 2Q 2020). Net income: JP¥25.0m (down 91% from 2Q 2020). Profit margin: 0.2% (down from 2.2% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Oct 10
Satoh & Co., Ltd. to Report Q2, 2021 Results on Nov 10, 2020 Satoh & Co., Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020 Upcoming Dividend • Sep 22
Upcoming Dividend of JP¥15.00 Per Share Will be paid on the 4th of December to those who are registered shareholders by the 29th of September. The trailing yield of 1.9% is below the top quartile of Japanese dividend payers (3.1%), but it is higher than industry peers (1.6%). Announcement • Jul 05
Satoh & Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020 Satoh & Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020