Shirohato Co., Ltd.

TSE:3192 Stock Report

Market Cap: JP¥2.1b

Shirohato Past Earnings Performance

Past criteria checks 2/6

Shirohato has been growing earnings at an average annual rate of 66.9%, while the Specialty Retail industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 1.1% per year. Shirohato's return on equity is 18.7%, and it has net margins of 7.8%.

Key information

66.89%

Earnings growth rate

66.89%

EPS growth rate

Specialty Retail Industry Growth11.17%
Revenue growth rate1.06%
Return on equity18.65%
Net Margin7.81%
Last Earnings Update30 Nov 2025

Recent past performance updates

Analysis Article Oct 17

Solid Earnings May Not Tell The Whole Story For Shirohato (TSE:3192)

The stock price didn't jump after Shirohato Co., Ltd. ( TSE:3192 ) posted decent earnings last week. Our analysis...

Recent updates

Analysis Article Jan 08

Is Shirohato (TSE:3192) Using Debt In A Risky Way?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 17

Solid Earnings May Not Tell The Whole Story For Shirohato (TSE:3192)

The stock price didn't jump after Shirohato Co., Ltd. ( TSE:3192 ) posted decent earnings last week. Our analysis...
Analysis Article Oct 14

Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right Now

It's not a stretch to say that Shirohato Co., Ltd.'s ( TSE:3192 ) price-to-sales (or "P/S") ratio of 0.3x right now...
Analysis Article May 20

Shirohato (TSE:3192) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 06

Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right Now

With a median price-to-sales (or "P/S") ratio of close to 0.3x in the Specialty Retail industry in Japan, you could be...
Analysis Article Oct 06

There's Reason For Concern Over Shirohato Co., Ltd.'s (TSE:3192) Massive 26% Price Jump

Shirohato Co., Ltd. ( TSE:3192 ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Oct 04

Is Shirohato (TSE:3192) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 05

More Unpleasant Surprises Could Be In Store For Shirohato Co., Ltd.'s (TSE:3192) Shares After Tumbling 26%

Shirohato Co., Ltd. ( TSE:3192 ) shareholders that were waiting for something to happen have been dealt a blow with a...

Revenue & Expenses Breakdown

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


Earnings and Revenue History

TSE:3192 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Nov 256,0174702,0140
31 Aug 256,1435222,1500
31 May 256,2335862,1540
28 Feb 256,2741232,1790
30 Nov 246,107-602,1430
31 Aug 246,139-762,1400
31 May 246,213-1032,1690
29 Feb 246,372-1202,2000
30 Nov 236,339-512,1540
31 Aug 236,199-542,1500
31 May 236,27712,1580
28 Feb 236,354732,1620
30 Nov 226,372-1602,1820
31 Aug 226,353-1582,1650
31 May 226,252-2002,1650
28 Feb 226,231-2232,2120
30 Nov 216,133-1722,2710
31 Aug 216,109-2102,2900
31 May 215,910-2752,2760
28 Feb 215,694-2872,1730
30 Nov 205,446-2242,1840
31 Aug 205,310-1612,0930
31 May 205,290-1232,0440
29 Feb 205,251-1382,0430
28 Feb 195,357431,9540
30 Nov 185,372801,9420
31 Aug 185,3841271,8930
31 May 185,3621871,8670
28 Feb 185,2471961,8150
30 Nov 175,1811891,7800
31 Aug 175,0831391,7490
31 May 174,995771,7350
28 Feb 174,855631,6920
30 Nov 164,698771,6420
31 Aug 164,5951021,6280
31 May 164,5651311,6090
29 Feb 164,4591241,5990
30 Nov 154,4331181,5900
31 Aug 154,193981,5210

Quality Earnings: 3192 has a large one-off gain of ¥676.0M impacting its last 12 months of financial results to 30th November, 2025.

Growing Profit Margin: 3192 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 3192 has become profitable over the past 5 years, growing earnings by 66.9% per year.

Accelerating Growth: 3192 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 3192 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (6.8%).


Return on Equity

High ROE: 3192's Return on Equity (18.7%) 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 Analysis2026/06/12 16:36
End of Day Share Price 2026/06/12 00:00
Earnings2025/11/30
Annual Earnings2025/11/30

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.

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 Github.

Analyst Sources

Shirohato Co., Ltd. is covered by 1 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
Shogo OkiMarusan Securities Co. Ltd.