SAN Holdings Past Earnings Performance
Past criteria checks 4/6
SAN Holdings has been growing earnings at an average annual rate of 19.9%, while the Consumer Services industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 12.5% per year. SAN Holdings's return on equity is 12.4%, and it has net margins of 12%.
Key information
19.87%
Earnings growth rate
21.74%
EPS growth rate
| Consumer Services Industry Growth | 10.16% |
| Revenue growth rate | 12.46% |
| Return on equity | 12.36% |
| Net Margin | 11.96% |
| Next Earnings Update | 13 Feb 2026 |
Recent past performance updates
SAN Holdings' (TSE:9628) Earnings Are Weaker Than They Seem
Nov 21
SAN Holdings' (TSE:9628) Earnings Are Weaker Than They Seem
May 15Recent updates
SAN Holdings' (TSE:9628) Earnings Are Weaker Than They Seem
Nov 21SAN Holdings' (TSE:9628) Earnings Are Weaker Than They Seem
May 15SAN Holdings, Inc. (TSE:9628) Surges 26% Yet Its Low P/E Is No Reason For Excitement
May 12SAN Holdings' (TSE:9628) Dividend Will Be ¥12.00
Dec 27SAN Holdings (TSE:9628) Is Paying Out A Dividend Of ¥12.00
Dec 13Revenue & Expenses Breakdown
How SAN Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 25 | 39,031 | 4,668 | 2,957 | 0 |
| 30 Jun 25 | 35,620 | 4,752 | 2,849 | 0 |
| 31 Mar 25 | 31,984 | 4,721 | 2,660 | 0 |
| 31 Dec 24 | 27,088 | 2,184 | 2,267 | 0 |
| 30 Sep 24 | 23,216 | 2,221 | 1,713 | 0 |
| 30 Jun 24 | 22,874 | 2,417 | 1,512 | 0 |
| 31 Mar 24 | 22,437 | 2,363 | 1,457 | 0 |
| 31 Dec 23 | 22,073 | 2,499 | 1,472 | 0 |
| 30 Sep 23 | 21,987 | 2,650 | 1,438 | 0 |
| 30 Jun 23 | 21,888 | 2,754 | 1,430 | 0 |
| 31 Mar 23 | 21,663 | 2,783 | 1,427 | 0 |
| 31 Dec 22 | 21,037 | 2,313 | 1,414 | 0 |
| 30 Sep 22 | 20,572 | 2,220 | 1,403 | 0 |
| 30 Jun 22 | 19,940 | 1,956 | 1,368 | 0 |
| 31 Mar 22 | 20,001 | 2,040 | 1,327 | 0 |
| 31 Dec 21 | 19,586 | 2,118 | 1,241 | 0 |
| 30 Sep 21 | 19,773 | 2,122 | 1,212 | 0 |
| 30 Jun 21 | 19,727 | 2,010 | 1,205 | 0 |
| 31 Mar 21 | 18,865 | 1,562 | 1,209 | 0 |
| 31 Dec 20 | 19,118 | 1,340 | 1,294 | 0 |
| 30 Sep 20 | 19,510 | 1,355 | 1,355 | 0 |
| 30 Jun 20 | 20,352 | 1,642 | 1,405 | 0 |
| 31 Mar 20 | 21,281 | 1,856 | 1,447 | 0 |
| 31 Dec 19 | 21,578 | 2,181 | 1,425 | 0 |
| 30 Sep 19 | 21,118 | 2,049 | 1,389 | 0 |
| 30 Jun 19 | 20,814 | 2,031 | 1,352 | 0 |
| 31 Mar 19 | 20,766 | 2,112 | 1,311 | 0 |
| 31 Dec 18 | 20,915 | 2,053 | 1,284 | 0 |
| 30 Sep 18 | 20,696 | 1,977 | 1,275 | 0 |
| 30 Jun 18 | 20,320 | 1,673 | 1,272 | 0 |
| 31 Mar 18 | 20,070 | 1,573 | 1,287 | 0 |
| 31 Dec 17 | 19,544 | 1,592 | 1,264 | 0 |
| 30 Sep 17 | 19,426 | 1,657 | 1,262 | 0 |
| 30 Jun 17 | 18,983 | 1,482 | 1,260 | 0 |
| 31 Mar 17 | 18,677 | 1,345 | 1,267 | 0 |
| 31 Dec 16 | 18,428 | 1,063 | 1,269 | 0 |
| 30 Sep 16 | 18,262 | 259 | 1,277 | 0 |
| 30 Jun 16 | 18,590 | 450 | 1,273 | 0 |
| 31 Mar 16 | 18,509 | 368 | 1,247 | 0 |
| 31 Dec 15 | 18,781 | 383 | 1,252 | 0 |
| 30 Sep 15 | 18,407 | 910 | 1,228 | 0 |
| 30 Jun 15 | 18,226 | 839 | 1,216 | 0 |
| 31 Mar 15 | 18,437 | 985 | 1,205 | 0 |
Quality Earnings: 9628 has a large one-off gain of ¥3.0B impacting its last 12 months of financial results to 30th September, 2025.
Growing Profit Margin: 9628's current net profit margins (12%) are higher than last year (9.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9628's earnings have grown by 19.9% per year over the past 5 years.
Accelerating Growth: 9628's earnings growth over the past year (110.2%) exceeds its 5-year average (19.9% per year).
Earnings vs Industry: 9628 earnings growth over the past year (110.2%) exceeded the Consumer Services industry 18.6%.
Return on Equity
High ROE: 9628's Return on Equity (12.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/23 15:22 |
| End of Day Share Price | 2026/01/23 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SAN Holdings, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Astris Advisory Japan, K.K. |