Sato Foods Co., Ltd.

TSE:2923 Stock Report

Market Cap: JP¥35.8b

Sato Foods Past Earnings Performance

Past criteria checks 2/6

Sato Foods has been growing earnings at an average annual rate of 19.2%, while the Food industry saw earnings growing at 8.5% annually. Revenues have been declining at an average rate of 1.7% per year. Sato Foods's return on equity is 10.5%, and it has net margins of 4.9%.

Key information

19.2%

Earnings growth rate

19.2%

EPS growth rate

Food Industry Growth4.1%
Revenue growth rate-1.7%
Return on equity10.5%
Net Margin4.9%
Last Earnings Update31 Oct 2024

Recent past performance updates

Sato Foods' (TSE:2923) Profits Appear To Have Quality Issues

Dec 20
Sato Foods' (TSE:2923) Profits Appear To Have Quality Issues

Investors Shouldn't Be Too Comfortable With Sato Foods' (TSE:2923) Earnings

Jun 20
Investors Shouldn't Be Too Comfortable With Sato Foods' (TSE:2923) Earnings

Recent updates

Sato Foods' (TSE:2923) Profits Appear To Have Quality Issues

Dec 20
Sato Foods' (TSE:2923) Profits Appear To Have Quality Issues

Sato Foods Co., Ltd. (TSE:2923) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable

Sep 04
Sato Foods Co., Ltd. (TSE:2923) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable

Is Sato Foods (TSE:2923) Using Too Much Debt?

Aug 06
Is Sato Foods (TSE:2923) Using Too Much Debt?

Investors Shouldn't Be Too Comfortable With Sato Foods' (TSE:2923) Earnings

Jun 20
Investors Shouldn't Be Too Comfortable With Sato Foods' (TSE:2923) Earnings

Revenue & Expenses Breakdown

How Sato Foods makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:2923 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 2444,6542,1928,9500
31 Jul 2443,2102,2388,6570
30 Apr 2442,5812,2958,5040
31 Jan 2441,5482,5287,9270
31 Oct 2340,3342,0257,8460
31 Jul 2339,8561,7837,8700
30 Apr 2339,6661,8417,7550
31 Jan 2340,2201,6088,1350
31 Oct 2240,2142,0298,0040
31 Jul 2239,7962,1227,8520
30 Apr 2239,0511,9387,7210
31 Jan 2239,5621,9079,0480
31 Oct 2144,2471,46014,0190
31 Jul 2145,9541,33516,1270
30 Apr 2146,9441,48917,1080
31 Jan 2148,0741,57317,3320
31 Oct 2045,9411,50916,5560
31 Jul 2045,6931,15916,5420
30 Apr 2044,88868816,5840
31 Jan 2042,21651615,5730
31 Oct 1941,95161215,2450
31 Jul 1941,18473314,8710
30 Apr 1940,90089214,7350
31 Jan 1940,38995014,7230
31 Oct 1839,99681914,4550
31 Jul 1839,20478214,2170
30 Apr 1838,68665014,1630
31 Jan 1838,65966814,0890
31 Oct 1738,51785713,9870
31 Jul 1737,62679813,5600
30 Apr 1737,08584013,1830
31 Jan 1736,97280813,1640
31 Oct 1636,92789912,8630
31 Jul 1636,60182612,7430
30 Apr 1636,20579412,6500
31 Jan 1635,71837712,1650
31 Oct 1534,97211612,0430
30 Apr 1533,55111911,1700

Quality Earnings: 2923 has high quality earnings.

Growing Profit Margin: 2923's current net profit margins (4.9%) are lower than last year (5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2923's earnings have grown by 19.2% per year over the past 5 years.

Accelerating Growth: 2923's earnings growth over the past year (8.2%) is below its 5-year average (19.2% per year).

Earnings vs Industry: 2923 earnings growth over the past year (8.2%) did not outperform the Food industry 19.5%.

Return on Equity

High ROE: 2923's Return on Equity (10.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 01:52
End of Day Share Price 2025/01/10 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Sato Foods Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution