Announcement • Jun 29
Sanrin Co., Ltd. to Report Q1, 2027 Results on Aug 10, 2026 Sanrin Co., Ltd. announced that they will report Q1, 2027 results on Aug 10, 2026 Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥41.15 (vs JP¥67.11 in FY 2025) Full year 2026 results: EPS: JP¥41.15 (down from JP¥67.11 in FY 2025). Revenue: JP¥30.5b (down 1.0% from FY 2025). Net income: JP¥503.0m (down 39% from FY 2025). Profit margin: 1.6% (down from 2.7% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Announcement • May 12
Sanrin Co., Ltd., Annual General Meeting, Jun 19, 2026 Sanrin Co., Ltd., Annual General Meeting, Jun 19, 2026. Announcement • May 10
Sanrin Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 Sanrin Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 43% 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 (3.6%). Higher than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥777, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 14x in the Oil and Gas industry in Japan. Total returns to shareholders of 21% over the past three years. New Risk • Mar 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 7.0% 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: Major Risk Earnings have declined by 0.5% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (153% cash payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (JP¥11.4b market cap, or US$71.7m). Announcement • Mar 07
Sanrin Co., Ltd. (TSE:7486) announces an Equity Buyback for 180,000 shares, representing 1.47% for ¥140.22 million. Sanrin Co., Ltd. (TSE:7486) announces a share repurchase program. Under the program, the company will repurchase up to 180,000 shares, representing 1.47% of its issued share capital (excluding treasury stock), for a total purchase price of ¥140.22 million. The shares will be repurchased at a price of ¥779 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of March 6, 2026, the company has 12,280,410 issued shares (excluding treasury stock) and 19,590 treasury shares. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥26.65 (vs JP¥24.03 in 3Q 2025) Third quarter 2026 results: EPS: JP¥26.65 (up from JP¥24.03 in 3Q 2025). Revenue: JP¥9.09b (down 2.2% from 3Q 2025). Net income: JP¥326.0m (up 11% from 3Q 2025). Profit margin: 3.6% (up from 3.2% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Announcement • Jan 14
Sanrin Co., Ltd. (TSE:7486) agreed to acquire remaining 85.50% stake in Karuizawa Gas K.K. Sanrin Co., Ltd. (TSE:7486) agreed to acquire remaining 85.50% stake in Karuizawa Gas K.K. on January 13, 2026. Upon completion, Sanrin Co., Ltd. will own 100% stake in Karuizawa Gas K.K. Announcement • Nov 29
Sanrin Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Sanrin Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: JP¥7.28 loss per share (vs JP¥3.92 loss in 2Q 2025) Second quarter 2026 results: JP¥7.28 loss per share (further deteriorated from JP¥3.92 loss in 2Q 2025). Revenue: JP¥5.87b (down 1.1% from 2Q 2025). Net loss: JP¥89.0m (loss widened 85% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 27
Sanrin Co., Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Sanrin Co., Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 New Risk • Aug 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 3.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (JP¥8.58b market cap, or US$58.3m). Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥5.72 (vs JP¥20.84 in 1Q 2025) First quarter 2026 results: EPS: JP¥5.72 (down from JP¥20.84 in 1Q 2025). Revenue: JP¥6.18b (up 6.3% from 1Q 2025). Net income: JP¥70.0m (down 73% from 1Q 2025). Profit margin: 1.1% (down from 4.4% 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 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥67.11 (vs JP¥57.06 in FY 2024) Full year 2025 results: EPS: JP¥67.11 (up from JP¥57.06 in FY 2024). Revenue: JP¥30.8b (down 3.8% from FY 2024). Net income: JP¥821.0m (up 17% from FY 2024). Profit margin: 2.7% (up from 2.2% in FY 2024). The increase in margin was driven by lower expenses. 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 1% per year, which means it is significantly lagging earnings growth. Announcement • May 31
Sanrin Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Sanrin Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 New Risk • May 14
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥8.26b market cap, or US$56.2m). Reported Earnings • May 11
Full year 2025 earnings released: EPS: JP¥67.11 (vs JP¥57.06 in FY 2024) Full year 2025 results: EPS: JP¥67.11 (up from JP¥57.06 in FY 2024). Revenue: JP¥30.8b (down 3.8% from FY 2024). Net income: JP¥821.0m (up 17% from FY 2024). Profit margin: 2.7% (up from 2.2% in FY 2024). The increase in margin was driven by lower expenses. 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 3% per year, which means it is significantly lagging earnings growth. Announcement • May 09
Sanrin Co., Ltd., Annual General Meeting, Jun 20, 2025 Sanrin Co., Ltd., Annual General Meeting, Jun 20, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.6%). Announcement • Mar 01
Sanrin Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Sanrin Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥24.03 (vs JP¥31.94 in 3Q 2024) Third quarter 2025 results: EPS: JP¥24.03 (down from JP¥31.94 in 3Q 2024). Revenue: JP¥9.29b (down 1.9% from 3Q 2024). Net income: JP¥294.0m (down 25% from 3Q 2024). Profit margin: 3.2% (down from 4.1% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Nov 30
Sanrin Co., Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Sanrin Co., Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 14
Second quarter 2025 earnings released: JP¥3.92 loss per share (vs JP¥7.98 profit in 2Q 2024) Second quarter 2025 results: JP¥3.92 loss per share (down from JP¥7.98 profit in 2Q 2024). Revenue: JP¥5.94b (down 5.7% from 2Q 2024). Net loss: JP¥48.0m (down 149% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Aug 27
Sanrin Co., Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Sanrin Co., Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: JP¥57.06 (vs JP¥43.73 in FY 2023) Full year 2024 results: EPS: JP¥57.06 (up from JP¥43.73 in FY 2023). Revenue: JP¥32.0b (down 2.4% from FY 2023). Net income: JP¥700.0m (up 30% from FY 2023). Profit margin: 2.2% (up from 1.6% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥57.06 (vs JP¥43.73 in FY 2023) Full year 2024 results: EPS: JP¥57.06 (up from JP¥43.73 in FY 2023). Revenue: JP¥32.0b (down 2.4% from FY 2023). Net income: JP¥700.0m (up 30% from FY 2023). Profit margin: 2.2% (up from 1.6% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Announcement • May 12
Sanrin Co., Ltd., Annual General Meeting, Jun 20, 2024 Sanrin Co., Ltd., Annual General Meeting, Jun 20, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (3.1%). Announcement • Mar 02
Sanrin Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Sanrin Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥31.94 (vs JP¥21.99 in 3Q 2023) Third quarter 2024 results: EPS: JP¥31.94 (up from JP¥21.99 in 3Q 2023). Revenue: JP¥9.47b (down 4.8% from 3Q 2023). Net income: JP¥392.0m (up 45% from 3Q 2023). Profit margin: 4.1% (up from 2.7% in 3Q 2023). The increase in margin was driven by lower expenses. 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 • Nov 27
Sanrin Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Sanrin Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥7.98 (vs JP¥9.61 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥7.98 (up from JP¥9.61 loss in 2Q 2023). Revenue: JP¥6.30b (down 3.5% from 2Q 2023). Net income: JP¥98.0m (up JP¥216.0m from 2Q 2023). Profit margin: 1.6% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% 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. Announcement • Aug 27
Sanrin Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Sanrin Co., Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥0.081 (vs JP¥5.38 in 1Q 2023) First quarter 2024 results: EPS: JP¥0.081 (down from JP¥5.38 in 1Q 2023). Revenue: JP¥6.40b (down 1.2% from 1Q 2023). Net income: JP¥1.00m (down 99% from 1Q 2023). Profit margin: 0% (down from 1.0% in 1Q 2023). 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 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 23
Full year 2023 earnings released: EPS: JP¥43.73 (vs JP¥42.83 in FY 2022) Full year 2023 results: EPS: JP¥43.73 (up from JP¥42.83 in FY 2022). Revenue: JP¥32.8b (up 8.9% from FY 2022). Net income: JP¥537.0m (up 2.1% from FY 2022). Profit margin: 1.6% (down from 1.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • May 28
Sanrin Co., Ltd. to Report Q1, 2024 Results on Aug 07, 2023 Sanrin Co., Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥43.73 (vs JP¥42.83 in FY 2022) Full year 2023 results: EPS: JP¥43.73 (up from JP¥42.83 in FY 2022). Revenue: JP¥32.8b (up 8.9% from FY 2022). Net income: JP¥537.0m (up 2.1% from FY 2022). Profit margin: 1.6% (down from 1.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% 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. Announcement • May 13
Sanrin Co., Ltd., Annual General Meeting, Jun 20, 2023 Sanrin Co., Ltd., Annual General Meeting, Jun 20, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share at 3.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.4%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥21.99 (vs JP¥24.10 in 3Q 2022) Third quarter 2023 results: EPS: JP¥21.99 (down from JP¥24.10 in 3Q 2022). Revenue: JP¥9.95b (up 12% from 3Q 2022). Net income: JP¥270.0m (down 8.8% from 3Q 2022). Profit margin: 2.7% (down from 3.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% 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. Announcement • Nov 27
Sanrin Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023 Sanrin Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥9.61 loss per share (vs JP¥3.58 profit in 2Q 2022) Second quarter 2023 results: JP¥9.61 loss per share (down from JP¥3.58 profit in 2Q 2022). Revenue: JP¥6.52b (up 14% from 2Q 2022). Net loss: JP¥118.0m (down 368% from profit in 2Q 2022). 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 5% per year, which means it has not declined as severely as earnings. 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. 8 non-independent directors. Independent Outside Director Mayumi Takada was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: JP¥9.61 loss per share (vs JP¥3.58 profit in 2Q 2022) Second quarter 2023 results: JP¥9.61 loss per share (down from JP¥3.58 profit in 2Q 2022). Revenue: JP¥6.52b (up 14% from 2Q 2022). Net loss: JP¥118.0m (down 368% from profit in 2Q 2022). 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 4% per year, which means it has not declined as severely as earnings. Announcement • Aug 28
Sanrin Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Sanrin Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥5.37 (vs JP¥3.34 in 1Q 2022) First quarter 2023 results: EPS: JP¥5.37 (up from JP¥3.34 in 1Q 2022). Revenue: JP¥6.47b (up 14% from 1Q 2022). Net income: JP¥66.0m (up 61% from 1Q 2022). Profit margin: 1.0% (up from 0.7% 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 12% 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. Reported Earnings • Jun 24
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥30.2b (up 13% from FY 2021). Net income: JP¥526.0m (down 42% from FY 2021). Profit margin: 1.7% (down from 3.4% 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 4% per year whereas the company’s share price has fallen by 1% per year. Announcement • May 29
Sanrin Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Sanrin Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 13
Full year 2022 earnings released: EPS: JP¥42.83 (vs JP¥73.53 in FY 2021) Full year 2022 results: EPS: JP¥42.83 (down from JP¥73.53 in FY 2021). Revenue: JP¥30.2b (up 13% from FY 2021). Net income: JP¥526.0m (down 42% from FY 2021). Profit margin: 1.7% (down from 3.4% 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 7% per year whereas the company’s share price has fallen by 3% per year. Announcement • May 13
Sanrin Co., Ltd., Annual General Meeting, Jun 21, 2022 Sanrin Co., Ltd., Annual General Meeting, Jun 21, 2022. Board Change • Apr 27
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. 8 non-independent directors. Independent Outside Director Mayumi Takada was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Sanrin Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022 Sanrin Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 48% and the cash payout ratio is 83%. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.7%). Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥24.10 (down from JP¥30.38 in 3Q 2021). Revenue: JP¥8.86b (up 16% from 3Q 2021). Net income: JP¥296.0m (down 21% from 3Q 2021). Profit margin: 3.3% (down from 4.9% 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 increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥3.58 (vs JP¥10.99 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥5.72b (up 1.0% from 2Q 2021). Net income: JP¥44.0m (down 67% from 2Q 2021). Profit margin: 0.8% (down from 2.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS JP¥3.34 (vs JP¥17.35 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥5.68b (up 7.4% from 1Q 2021). Net income: JP¥41.0m (down 81% from 1Q 2021). Profit margin: 0.7% (down from 4.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 25
Full year 2021 earnings released: EPS JP¥73.53 (vs JP¥62.17 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥26.6b (down 4.6% from FY 2020). Net income: JP¥903.0m (up 18% from FY 2020). Profit margin: 3.4% (up from 2.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥73.53 (vs JP¥62.17 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥26.6b (down 4.6% from FY 2020). Net income: JP¥903.0m (up 18% from FY 2020). Profit margin: 3.4% (up from 2.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (3.5%). Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥30.37 (vs JP¥8.49 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥7.66b (up 2.4% from 3Q 2020). Net income: JP¥373.0m (up 259% from 3Q 2020). Profit margin: 4.9% (up from 1.4% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 12
New 90-day high: JP¥733 The company is up 3.0% from its price of JP¥712 on 11 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Oil and Gas industry, which is down 4.0% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥10.99 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥5.67b (down 7.1% from 2Q 2020). Net income: JP¥135.0m (up 85% from 2Q 2020). Profit margin: 2.4% (up from 1.2% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Sep 12
Sanrin Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Sanrin Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020