TSE:7532

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Pan Pacific International Holdings

Executive Summary

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores.


Snowflake Analysis

Acceptable track record with limited growth.


Similar Companies

Share Price & News

How has Pan Pacific International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 7532 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.7%

7532

-4.5%

JP Multiline Retail

-2.1%

JP Market


1 Year Return

38.6%

7532

-6.6%

JP Multiline Retail

-2.2%

JP Market

Return vs Industry: 7532 exceeded the JP Multiline Retail industry which returned -6.1% over the past year.

Return vs Market: 7532 exceeded the JP Market which returned -2.7% over the past year.


Shareholder returns

7532IndustryMarket
7 Day-0.7%-4.5%-2.1%
30 Day8.1%-4.4%-3.0%
90 Day21.2%18.6%17.8%
1 Year39.3%38.6%-5.0%-6.6%0.3%-2.2%
3 Year137.9%133.8%-9.3%-13.2%5.3%-2.0%
5 Year94.9%89.4%-17.0%-22.4%15.0%2.5%

Price Volatility Vs. Market

How volatile is Pan Pacific International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Pan Pacific International Holdings undervalued compared to its fair value and its price relative to the market?

30.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 7532 (¥2391) is trading above our estimate of fair value (¥565.44)

Significantly Below Fair Value: 7532 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 7532 is poor value based on its PE Ratio (30.6x) compared to the Multiline Retail industry average (17x).

PE vs Market: 7532 is poor value based on its PE Ratio (30.6x) compared to the JP market (14.8x).


Price to Earnings Growth Ratio

PEG Ratio: 7532 is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: 7532 is overvalued based on its PB Ratio (4.2x) compared to the JP Multiline Retail industry average (1.1x).


Next Steps

Future Growth

How is Pan Pacific International Holdings forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

11.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 7532's forecast earnings growth (11% per year) is above the savings rate (0.05%).

Earnings vs Market: 7532's earnings (11% per year) are forecast to grow slower than the JP market (12.5% per year).

High Growth Earnings: 7532's earnings are forecast to grow, but not significantly.

Revenue vs Market: 7532's revenue (4.1% per year) is forecast to grow faster than the JP market (3.3% per year).

High Growth Revenue: 7532's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 7532's Return on Equity is forecast to be low in 3 years time (14%).


Next Steps

Past Performance

How has Pan Pacific International Holdings performed over the past 5 years?

18.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7532 has high quality earnings.

Growing Profit Margin: 7532's current net profit margins (3%) are lower than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: 7532's earnings have grown by 18.4% per year over the past 5 years.

Accelerating Growth: 7532's earnings growth over the past year (7%) is below its 5-year average (18.4% per year).

Earnings vs Industry: 7532 earnings growth over the past year (7%) exceeded the Multiline Retail industry -3.9%.


Return on Equity

High ROE: 7532's Return on Equity (13.3%) is considered low.


Next Steps

Financial Health

How is Pan Pacific International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 7532's short term assets (¥464.9B) exceed its short term liabilities (¥311.4B).

Long Term Liabilities: 7532's short term assets (¥464.9B) do not cover its long term liabilities (¥564.7B).


Debt to Equity History and Analysis

Debt Level: 7532's debt to equity ratio (134.1%) is considered high.

Reducing Debt: 7532's debt to equity ratio has increased from 80% to 134.1% over the past 5 years.

Debt Coverage: 7532's debt is not well covered by operating cash flow (11.9%).

Interest Coverage: 7532's interest payments on its debt are well covered by EBIT (17.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Pan Pacific International Holdings's current dividend yield, its reliability and sustainability?

0.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 7532's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.48%).

High Dividend: 7532's dividend (0.48%) is low compared to the top 25% of dividend payers in the JP market (3.5%).


Stability and Growth of Payments

Stable Dividend: 7532 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.

Growing Dividend: 7532 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 7532 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 7532's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Naoki Yoshida (56yo)

0.83

Tenure

JP¥185,000,000

Compensation

Mr. Naoki Yoshida has been President and Chief Executive Officer of Pan Pacific International Holdings Corporation since September 2019. Mr. Yoshida serves as the President and a Director of Don Quijote (U ...


CEO Compensation Analysis

Compensation vs Market: Naoki's total compensation ($USD1.72M) is about average for companies of similar size in the JP market ($USD1.86M).

Compensation vs Earnings: Insufficient data to compare Naoki's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Naoki Yoshida
President0.83yrJP¥185.00m0.0081% ¥123.4m
Takao Yasuda
Founder & Director1.5yrsJP¥122.00mno data
Mitsuo Takahashi
Senior Managing Executive Officer & CFO9.58yrsno datano data
Takeshi Nishii
Director2.83yrsno data0.00013% ¥2.0m
Ken Sakakibara
Director0.83yrno datano data
Kazuhiro Matsumoto
Director0.83yrno data0.0013% ¥20.2m
Kenji Sekiguchi
Director & Managing Executive Officer6.67yrsno data0.0075% ¥112.9m
Hiroshi Abe
Director & Executive Officer2.83yrsno data0.00069% ¥10.5m
Yuji Ishii
Director & Executive Officer2.83yrsno data0.00019% ¥2.9m
Tetsuji Maruyama
Director & Executive Officer2.83yrsno data0.00019% ¥2.9m

0.8yrs

Average Tenure

48.5yo

Average Age

Experienced Management: 7532's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Naoki Yoshida
President0.83yrJP¥185.00m0.0081% ¥123.4m
Takao Yasuda
Founder & Director1.5yrsJP¥122.00mno data
Takeshi Nishii
Director2.83yrsno data0.00013% ¥2.0m
Ken Sakakibara
Director0.83yrno datano data
Kazuhiro Matsumoto
Director0.83yrno data0.0013% ¥20.2m
Kenji Sekiguchi
Director & Managing Executive Officer6.67yrsno data0.0075% ¥112.9m
Hiroshi Abe
Director & Executive Officer2.83yrsno data0.00069% ¥10.5m
Yuji Ishii
Director & Executive Officer2.83yrsno data0.00019% ¥2.9m
Tetsuji Maruyama
Director & Executive Officer2.83yrsno data0.00019% ¥2.9m
Yukihiko Inoue
Independent Outside Director5.83yrsno datano data

2.8yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 7532's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Pan Pacific International Holdings Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pan Pacific International Holdings Corporation
  • Ticker: 7532
  • Exchange: TSE
  • Founded: 1980
  • Industry: General Merchandise Stores
  • Sector: Retail
  • Market Cap: JP¥1.516t
  • Shares outstanding: 633.85m
  • Website: https://ppi-hd.co.jp

Number of Employees


Location

  • Pan Pacific International Holdings Corporation
  • 2-19-10 Aobadai
  • Meguro-ku
  • Tokyo
  • 153-0042
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DQJC.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 1996
7532TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYDec 1996
QJEDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1996
DQJC.YOTCPK (Pink Sheets LLC)UNSPONSORED ADSUSUSDOct 2008

Biography

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. It operates through three segments: Discount Store Business, General Merchandise Store (GMS) Business, and Rent Business. The Discount Store Business segment operates convenience and discount stores under the Don Quijote name; and general discount stores under the MEGA Don Quijote and MEGA Don Quijote UNY names. The GMS Business segment operates stores under the APITA and PIAGO names, as well as small-scale and general supermarkets. The Rent Business segment rents and manages retail properties to tenants. The company is also involved in the real estate management business. As of September 30, 2019, it operated 698 stores comprising 653 stores in Japan; 28 stores in Hawaii and 10 stores in California, the United States; 1 store in Hong Kong; 1 store in Thailand; and 5 stores in Singapore. The company was formerly known as Don Quijote Holdings Co., Ltd. and changed its name to Pan Pacific International Holdings Corporation in February 2019. Pan Pacific International Holdings Corporation was founded in 1980 and is headquartered in Tokyo, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/03 14:52
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2019/06/30


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.