Loading...

Sato Holdings

OTCPK:SATO.F
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SATO.F
OTCPK
¥90B
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Sato Holdings Corporation develops, manufactures, and sells data collection systems and labeling products in Japan and internationally. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
SATO.F Share Price and Events
7 Day Returns
0%
OTCPK:SATO.F
1.4%
US Commercial Services
0.6%
US Market
1 Year Returns
-
OTCPK:SATO.F
10.8%
US Commercial Services
4.1%
US Market
SATO.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sato Holdings (SATO.F) 0% 0% -2.9% - - -
US Commercial Services 1.4% 0.7% 5.1% 10.8% 52.5% 78%
US Market 0.6% 3.8% 2.8% 4.1% 37.3% 42.5%
1 Year Return vs Industry and Market
  • No trading data on SATO.F.
  • No trading data on SATO.F.
Price Volatility
SATO.F
Industry
5yr Volatility vs Market

Value

 Is Sato Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sato Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sato Holdings.

OTCPK:SATO.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:SATO.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.67 (1 + (1- 30.86%) (17.7%))
0.833
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.833 * 5.96%)
7.7%

Discounted Cash Flow Calculation for OTCPK:SATO.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sato Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:SATO.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 7.7%)
2020 2,748.00 Analyst x1 2,551.59
2021 5,660.00 Analyst x2 4,879.83
2022 7,335.00 Analyst x1 5,871.95
2023 6,065.00 Analyst x1 4,508.24
2024 6,583.00 Analyst x1 4,543.54
2025 6,744.63 Est @ 2.46% 4,322.37
2026 6,915.78 Est @ 2.54% 4,115.28
2027 7,095.27 Est @ 2.6% 3,920.32
2028 7,282.28 Est @ 2.64% 3,736.06
2029 7,476.28 Est @ 2.66% 3,561.45
Present value of next 10 years cash flows ¥42,010.63
OTCPK:SATO.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥7,476.28 × (1 + 2.73%) ÷ (7.7% – 2.73%)
¥154,610.30
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥154,610.30 ÷ (1 + 7.7%)10
¥73,651.07
OTCPK:SATO.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥42,010.63 + ¥73,651.07
¥115,661.70
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥115,661.70 / 33.56
¥3446.07
OTCPK:SATO.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:SATO.F represents 0.0086x of TSE:6287
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.0086x
Value per Share
(Listing Adjusted, USD)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 3,446.07 x 0.0086
$29.64
Value per share (USD) From above. $29.64
Current discount Discount to share price of $23.00
= -1 x ($23.00 - $29.64) / $29.64
22.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sato Holdings is available for.
Intrinsic value
22%
Share price is $23 vs Future cash flow value of $29.64
Current Discount Checks
For Sato Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sato Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sato Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sato Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sato Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SATO.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥112.44
TSE:6287 Share Price ** TSE (2019-05-10) in JPY ¥2674
United States of America Commercial Services Industry PE Ratio Median Figure of 46 Publicly-Listed Commercial Services Companies 23.2x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.98x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sato Holdings.

OTCPK:SATO.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6287 Share Price ÷ EPS (both in JPY)

= 2674 ÷ 112.44

23.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sato Holdings is overvalued based on earnings compared to the US Commercial Services industry average.
  • Sato Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Sato Holdings's expected growth come at a high price?
Raw Data
OTCPK:SATO.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
21.1%per year
United States of America Commercial Services Industry PEG Ratio Median Figure of 34 Publicly-Listed Commercial Services Companies 1.65x
United States of America Market PEG Ratio Median Figure of 2,122 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

OTCPK:SATO.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.78x ÷ 21.1%

1.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sato Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Sato Holdings's assets?
Raw Data
OTCPK:SATO.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥1,651.55
TSE:6287 Share Price * TSE (2019-05-10) in JPY ¥2674
United States of America Commercial Services Industry PB Ratio Median Figure of 86 Publicly-Listed Commercial Services Companies 1.84x
United States of America Market PB Ratio Median Figure of 5,241 Publicly-Listed Companies 1.81x
OTCPK:SATO.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6287 Share Price ÷ Book Value per Share (both in JPY)

= 2674 ÷ 1,651.55

1.62x

* Primary Listing of Sato Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sato Holdings is good value based on assets compared to the US Commercial Services industry average.
X
Value checks
We assess Sato Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Sato Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Sato Holdings expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sato Holdings expected to grow at an attractive rate?
  • Sato Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Sato Holdings's earnings growth is expected to exceed the United States of America market average.
  • Sato Holdings's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:SATO.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:SATO.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 21.1%
OTCPK:SATO.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 4.2%
United States of America Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 14.9%
United States of America Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:SATO.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SATO.F Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 131,500 12,000 7,200 3
2021-03-31 126,000 10,250 6,375 3
2020-03-31 120,000 9,523 5,000 3
OTCPK:SATO.F Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 116,179 9,365 3,773
2018-12-31 115,128 10,503 3,587
2018-09-30 115,049 9,753 3,580
2018-06-30 114,702 7,433 4,518
2018-03-31 113,383 6,184 4,074
2017-12-31 112,579 6,129 4,061
2017-09-30 110,042 6,832 4,127
2017-06-30 107,760 8,841 3,105
2017-03-31 106,302 10,769 3,221
2016-12-31 105,476 9,693 4,212
2016-09-30 104,707 8,631 4,064
2016-06-30 105,289 8,269 3,830

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sato Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Sato Holdings's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:SATO.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Sato Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SATO.F Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 211.83 223.50 200.50 3.00
2021-03-31 188.25 202.60 169.00 4.00
2020-03-31 147.07 149.00 143.20 3.00
OTCPK:SATO.F Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 112.44
2018-12-31 106.92
2018-09-30 106.74
2018-06-30 134.75
2018-03-31 121.52
2017-12-31 121.13
2017-09-30 123.09
2017-06-30 92.61
2017-03-31 96.07
2016-12-31 125.64
2016-09-30 121.26
2016-06-30 114.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Sato Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sato Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sato Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sato Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sato Holdings's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sato Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Sato Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sato Holdings's 1-year earnings growth is negative, it can't be compared to the US Commercial Services industry average.
Earnings and Revenue History
Sato Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sato Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SATO.F Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 116,179.00 3,773.00 42,940.00
2018-12-31 115,128.00 3,587.00 42,971.00
2018-09-30 115,049.00 3,580.00 42,727.00
2018-06-30 114,702.00 4,518.00 42,837.00
2018-03-31 113,383.00 4,074.00 42,488.00
2017-12-31 112,579.00 4,061.00 42,147.00
2017-09-30 110,042.00 4,127.00 41,367.00
2017-06-30 107,760.00 3,105.00 39,956.00
2017-03-31 106,302.00 3,221.00 39,221.00
2016-12-31 105,476.00 4,212.00 38,157.00
2016-09-30 104,707.00 4,064.00 38,046.00
2016-06-30 105,289.00 3,830.00 38,265.00
2016-03-31 105,504.00 3,689.00 38,485.00
2015-12-31 105,664.00 2,831.00 38,053.00
2015-09-30 104,145.00 3,119.00 37,247.00
2015-06-30 101,875.00 3,189.00 36,501.00
2015-03-31 99,831.00 3,763.00 35,264.00
2014-12-31 99,005.00 4,143.00 35,757.00
2014-09-30 98,226.00 4,178.00 35,452.00
2014-06-30 97,666.00 4,336.00 34,816.00
2014-03-31 96,773.00 4,295.00 34,421.00
2013-12-31 93,004.00 4,415.00 32,784.00
2013-09-30 90,703.00 3,890.00 32,149.00
2013-06-30 88,667.00 3,347.00 31,559.00
2013-03-31 87,256.00 2,726.00 30,958.00
2012-12-31 85,632.00 2,562.00 30,862.00
2012-09-30 83,923.00 1,985.00 30,200.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sato Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sato Holdings used its assets less efficiently than the US Commercial Services industry average last year based on Return on Assets.
  • Sato Holdings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sato Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sato Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sato Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sato Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sato Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sato Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sato Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sato Holdings Company Filings, last reported 3 months ago.

OTCPK:SATO.F Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 56,667.00 11,781.00 16,837.00
2018-12-31 55,253.00 11,671.00 16,112.00
2018-09-30 56,681.00 11,774.00 16,550.00
2018-06-30 54,899.00 11,387.00 14,496.00
2018-03-31 56,223.00 12,177.00 16,461.00
2017-12-31 57,299.00 11,690.00 14,796.00
2017-09-30 56,880.00 12,099.00 16,542.00
2017-06-30 53,720.00 13,161.00 15,812.00
2017-03-31 54,215.00 13,001.00 17,375.00
2016-12-31 53,798.00 13,696.00 21,002.00
2016-09-30 49,605.00 10,562.00 16,645.00
2016-06-30 49,088.00 11,323.00 17,330.00
2016-03-31 52,156.00 11,718.00 18,043.00
2015-12-31 51,563.00 11,867.00 15,883.00
2015-09-30 51,675.00 7,012.00 17,136.00
2015-06-30 53,088.00 5,809.00 17,616.00
2015-03-31 53,156.00 5,610.00 19,034.00
2014-12-31 53,564.00 6,777.00 18,360.00
2014-09-30 50,973.00 5,213.00 17,039.00
2014-06-30 46,696.00 7,390.00 17,570.00
2014-03-31 46,732.00 7,393.00 17,760.00
2013-12-31 43,932.00 10,305.00 16,035.00
2013-09-30 41,884.00 10,282.00 15,775.00
2013-06-30 40,997.00 9,851.00 12,320.00
2013-03-31 40,204.00 9,995.00 12,670.00
2012-12-31 37,899.00 10,247.00 11,812.00
2012-09-30 35,552.00 10,349.00 10,891.00
  • Sato Holdings's level of debt (28%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (23% vs 28% today).
  • Debt is well covered by operating cash flow (59%, greater than 20% of total debt).
  • Sato Holdings earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Sato Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sato Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Sato Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.73%
Current annual income from Sato Holdings dividends. Estimated to be 2.79% next year.
If you bought $2,000 of Sato Holdings shares you are expected to receive $55 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sato Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • Sato Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:SATO.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 41 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:SATO.F Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 75.00 3.00
2021-03-31 75.25 4.00
2020-03-31 73.00 3.00
OTCPK:SATO.F Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-06-24 73.000 2.673
2019-05-10 73.000 2.716
2019-02-14 70.000 2.663
2019-02-08 70.000 2.717
2018-11-09 70.000 2.554
2018-11-02 70.000 2.238
2018-06-26 70.000 2.051
2018-05-08 70.000 2.271
2018-02-14 66.000 1.997
2018-02-09 66.000 1.986
2017-11-10 66.000 1.967
2017-11-02 66.000 2.108
2017-06-21 65.000 2.467
2017-05-09 65.000 2.484
2017-02-14 60.000 2.459
2017-02-09 60.000 2.433
2016-11-11 60.000 2.515
2016-11-04 60.000 2.837
2016-06-22 60.000 2.794
2016-05-10 60.000 2.712
2015-07-24 55.000 2.235
2015-06-22 55.000 1.669
2015-04-30 55.000 1.719
2015-02-05 42.000 1.575
2014-10-24 42.000 1.558
2014-07-25 42.000 1.475
2014-06-23 42.000 1.562
2014-04-30 42.000 1.814
2014-02-05 38.000 1.609
2013-06-24 37.000 1.860
2013-04-26 37.000 1.998
2013-02-05 36.000 2.162
2012-10-26 36.000 2.737
2012-07-27 35.000 2.988
2012-06-25 35.000 2.906
2012-04-27 35.000 3.149
2012-02-03 34.000 2.997
2011-10-28 34.000 3.616
2011-07-29 34.000 3.408
2011-06-27 34.000 3.202
2011-04-27 34.000 3.310
2011-02-04 33.000 3.162
2010-11-05 33.000 3.167
2010-06-21 33.000 3.200
2010-05-07 33.000 3.128
2010-02-05 33.000 2.785
2009-11-13 33.000 3.332
2009-11-12 33.000 3.285
2009-06-22 33.000 3.225
2009-05-29 33.000 3.700
2009-05-14 33.000 3.717

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Sato Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sato Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sato Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sato Holdings has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sato Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ryutaro Kotaki
TENURE AS CEO 1.5 years
CEO Bio

Mr. Ryutaro Kotaki has been the President and Chief Executive Officer at Sato Holdings Corp. since 2018 and served as its President of SATO Worldwide since April 1, 2018 until 2018. Mr. Kotaki served as Chief Operations Officer, Executive Vice President and President of SATO Corporation at Sato Holdings Corporation since April 01, 2016 until April 1, 2018. Mr. Kotaki served as the President of SATO Technology Co., Ltd. He served as a Vice President at Sato Holdings Corporation. He served as the President of Sato Techno Lab, Co., Ltd. He served as Senior Manager of Japan Sales Department and an Executive Officer at Sato Corp and served as its Senior Manager of Japan Product Management Sales Division and Senior Manager of Printer Sales Promotion Dept.-Sales Division. Mr. Kotaki serves as Executive Officer of Sato Holdings Corporation. He has been a Representative Director of Sato Holdings Corporation.

CEO Compensation
  • Insufficient data for Ryutaro to compare compensation growth.
  • Insufficient data for Ryutaro to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Sato Holdings management team in years:

3.1
Average Tenure
  • The tenure for the Sato Holdings management team is about average.
Management Team

Ryutaro Kotaki

TITLE
President
TENURE
1.5 yrs

Yoichi Abe

TITLE
VP, CFO & Director
TENURE
3.3 yrs

Shinichi Takagi

TITLE
Head of Investor Relations
TENURE
2.7 yrs

Nobuo Miyagi

TITLE
Head of Business Development Office and Executive Director
TENURE
5 yrs

Laurent Lassus

TITLE
General Manager of Marketing & Product Management
TENURE
3 yrs

Steve Sundstrom

TITLE
Vice President of Sales
TENURE
1.3 yrs

Shigeki Egami

TITLE
Exec. Officer
TENURE
4.5 yrs

Keisuke Yamada

TITLE
Executive Officer
AGE
54

Kenji Ushiki

TITLE
VP & General Manager of R&D

Akihiro Kushida

TITLE
VP & GM of Production
AGE
55
TENURE
8.3 yrs
Board of Directors Tenure

Average tenure and age of the Sato Holdings board of directors in years:

8.6
Average Tenure
67
Average Age
  • The tenure for the Sato Holdings board of directors is about average.
Board of Directors

Yoichi Abe

TITLE
VP, CFO & Director
TENURE
1.1 yrs

Yuko Tanaka

TITLE
External Director
AGE
67
TENURE
15.1 yrs

Ryutaro Kotaki

TITLE
President

Hideo Yamada

TITLE
External Director
AGE
67
TENURE
15.1 yrs

Ryoji Itoh

TITLE
External Director
AGE
67
TENURE
11.1 yrs

Tatsuo Narumi

TITLE
Director
AGE
67
TENURE
11.1 yrs

Chieko Matsuda

TITLE
External Director
AGE
55

Mitsuaki Shimaguchi

TITLE
External Director
AGE
77
TENURE
5.1 yrs

Nobuhiro Yokoi

TITLE
Audit & Supervisory Board Member
AGE
65
TENURE
5.1 yrs

Takao Yamaguchi

TITLE
External Audit & Supervisory Board Member
AGE
65
TENURE
6.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Sato Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sato Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Can We See Significant Insider Ownership On The Sato Holdings Corporation (OTCPK:SATO.F) Share Register?

Every investor in Sato Holdings Corporation (OTCPK:SATO.F) should be aware of the most powerful shareholder groups. … With a market capitalization of US$783m, Sato Holdings is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Sato Holdings

Simply Wall St -

Company Info

Description

Sato Holdings Corporation develops, manufactures, and sells data collection systems and labeling products in Japan and internationally. The company offers hardware products, including printers and hand labelers; supply products, such as seals, labels, tickets, ribbons, MC cards, etc.; and peripherals for smartphones and large screen/robust tablets, RFID equipment, scanners, and handy-terminals. It also provides medical field solutions; consulting services to enhance business processes for manufacturing, logistics, and distribution; and services for product packaging, including planning, marketing, design, and printing, as well as Web-related services. In addition, the company plans and develops information systems; develops and produces base materials; manufactures industrial rubber, synthetic resin, IC tags, and RFID tag products; and offers stickers and ticket printing services, as well as provides hardware maintenance support services. Further, it offers software products consisting of Windows Printer Drivers to support various printer models; NiceLabel, a label design software; All-In-One Tool, a software application that enables centralized remote printer management; AEP, a platform for smart printing; SAP solutions; RFID Device Service Provider software for instantiating, communicating, and managing printers; XML Printing solutions; SmaPri for Android, a label printing solution for Android OS platform; SATO CUPS Driver for Linux and Mac OS X; and SATO Printer Interface API to simplify the communication between .NET applications and SATO printers. It serves retail and wholesale, manufacturing, food manufacturing and processing, healthcare and pharmaceuticals, apparel and jewelry, utilities, transportation, and logistics industries, as well as customers in government sector. The company was founded in 1940 and is headquartered in Tokyo, Japan.

Details
Name: Sato Holdings Corporation
SATO.F
Exchange: OTCPK
Founded: 1940
¥830,159,563
33,563,407
Website: http://www.satoworldwide.com
Address: Sato Holdings Corporation
Knowledge Plaza,
1-7-1 Shimomeguro,
Tokyo,
153-0064,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6287 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
OTCPK SATO.F Common Stock Pink Sheets LLC US USD 06. Jan 1992
Number of employees
Current staff
Staff numbers
5,307
Sato Holdings employees.
Industry
Office Services and Supplies
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 00:08
End of day share price update: 2019/05/10 00:00
Last estimates confirmation: 2019/06/28
Last earnings filing: 2019/06/24
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.