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Sun

OTCPK:SNCP.F
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SNCP.F
OTCPK
¥14B
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Sun Corporation engages in the information and communication, and entertainment businesses in Japan. The last earnings update was 5 days ago. More info.


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SNCP.F Share Price and Events
7 Day Returns
0%
OTCPK:SNCP.F
-4.7%
US Tech
-1.4%
US Market
1 Year Returns
-
OTCPK:SNCP.F
11.9%
US Tech
10%
US Market
SNCP.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sun (SNCP.F) 0% 0% - - - -
US Tech -4.7% -11.7% -8% 11.9% 69.6% 151.6%
US Market -1.4% -1% -3.3% 10% 55.6% 97.4%
1 Year Return vs Industry and Market
  • No trading data on SNCP.F.
  • No trading data on SNCP.F.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Sun's competitors could be found in our database.

SNCP.F Value

 Is Sun 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 Sun 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 Sun.

OTCPK:SNCP.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 3%

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:SNCP.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 3%
Equity Risk Premium S&P Global 7.1%
Tech Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.126 (1 + (1- 30.86%) (23.71%))
1.31
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.31
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.95% + (1.31 * 7.05%)
12.19%

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

The calculations below outline how an intrinsic value for Sun is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:SNCP.F DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (JPY, Millions) 2,597.38 2,638.67 2,680.60 2,723.21 2,766.49
Source Est @ 1.59% Est @ 1.59% Est @ 1.59% Est @ 1.59% Est @ 1.59%
Present Value
Discounted (@ 12.19%)
2,315.22 2,096.52 1,898.47 1,719.13 1,556.73
Present value of next 5 years cash flows ¥9,586.06
OTCPK:SNCP.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= ¥2,766.49 × (1 + 2.95%) ÷ (12.19% – 2.95%)
¥30,833.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= ¥30,833.04 ÷ (1 + 12.19%)5
¥17,350.04
OTCPK:SNCP.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= ¥9,586.06 + ¥17,350.04
¥26,936.10
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥26,936.10 / 22.58
¥11.12
OTCPK:SNCP.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:SNCP.F represents 0.00932x of JASDAQ:6736
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00932x
Value per Share
(Listing Adjusted, USD)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,193.01 x 0.00932
$11.12
Value per share (USD) From above. $11.12
Current discount Discount to share price of $5.60
= -1 x ($5.60 - $11.12) / $11.12
49.6%

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

Current Discount
Amount off the current price Sun is available for.
Intrinsic value
50%
Share price is $5.6 vs Future cash flow value of $11.12
Current Discount Checks
For Sun to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sun's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sun's share price is below the future cash flow value, and 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 Sun's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sun's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SNCP.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in JPY ¥-13.03
JASDAQ:6736 Share Price ** JASDAQ (2018-08-17) in JPY ¥601
United States of America Tech Industry PE Ratio Median Figure of 13 Publicly-Listed Tech Companies 22.54x
United States of America Market PE Ratio Median Figure of 2,976 Publicly-Listed Companies 18x

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

** Primary Listing of Sun.

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

= JASDAQ:6736 Share Price ÷ EPS (both in JPY)

= 601 ÷ -13.03

-46.12x

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

  • Sun is loss making, we can't compare its value to the US Tech industry average.
  • Sun is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Sun's expected growth come at a high price?
Raw Data
OTCPK:SNCP.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -46.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Tech Industry PEG Ratio Median Figure of 8 Publicly-Listed Tech Companies 0.54x
United States of America Market PEG Ratio Median Figure of 2,095 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Sun, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sun's assets?
Raw Data
OTCPK:SNCP.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in JPY ¥501.77
JASDAQ:6736 Share Price * JASDAQ (2018-08-17) in JPY ¥601
United States of America Tech Industry PB Ratio Median Figure of 33 Publicly-Listed Tech Companies 1.64x
United States of America Market PB Ratio Median Figure of 4,976 Publicly-Listed Companies 1.86x
OTCPK:SNCP.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JASDAQ:6736 Share Price ÷ Book Value per Share (both in JPY)

= 601 ÷ 501.77

1.2x

* Primary Listing of Sun.

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

  • Sun is good value based on assets compared to the US Tech industry average.
X
Value checks
We assess Sun'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 Tech 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 Tech industry average (and greater than 0)? (1 check)
  5. Sun has a total score of 3/6, 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.

SNCP.F Future Performance

 How is Sun expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sun has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
4.5%
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sun expected to grow at an attractive rate?
  • Unable to compare Sun's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sun's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Sun's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:SNCP.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Tech Industry Earnings Growth Rate Market Cap Weighted Average 4.5%
United States of America Tech Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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:SNCP.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SNCP.F Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:SNCP.F Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-09-30 25,852 2,493 -294
2018-06-30 25,044 -546
2018-03-31 26,297 1,510 -1,293
2017-12-31 27,724 -1,296
2017-09-30 26,063 1,149 -950
2017-06-30 25,910 -810
2017-03-31 24,698 2,464 -581
2016-12-31 22,426 -212
2016-09-30 22,716 340 -236
2016-06-30 22,809 -211
2016-03-31 22,877 -1,771 154
2015-12-31 23,658 -332

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sun is high growth as no earnings estimate data is available.
  • Unable to determine if Sun is high growth as no revenue estimate data is available.
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:SNCP.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sun Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SNCP.F Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:SNCP.F Past Financials Data
Date (Data in JPY Millions) EPS *
2018-09-30 -13.03
2018-06-30 -24.22
2018-03-31 -57.38
2017-12-31 -57.55
2017-09-30 -42.22
2017-06-30 -36.02
2017-03-31 -25.85
2016-12-31 -9.44
2016-09-30 -10.51
2016-06-30 -9.41
2016-03-31 6.88
2015-12-31 -14.85

*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.
  • Unable to establish if Sun will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Sun is trading at Sun'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Sun's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Sun's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sun'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.
Sun has a total score of 0/6, 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.

SNCP.F Past Performance

  How has Sun 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 Sun's growth in the last year to its industry (Tech).
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.
  • Sun does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sun's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sun's 1-year growth to the US Tech industry average as it is not currently profitable.
Earnings and Revenue History
Sun'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 Sun Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SNCP.F Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 25,852.00 -294.00 10,574.00 6,551.00
2018-06-30 25,044.00 -546.00 10,081.00 6,551.00
2018-03-31 26,297.00 -1,293.00 9,719.00 6,551.00
2017-12-31 27,724.00 -1,296.00 10,973.00 5,654.00
2017-09-30 26,063.00 -950.00 9,660.00 5,654.00
2017-06-30 25,910.00 -810.00 8,622.00 5,654.00
2017-03-31 24,698.00 -581.00 7,998.00 5,654.00
2016-12-31 22,426.00 -212.00 7,452.00 4,899.00
2016-09-30 22,716.00 -236.00 7,511.00 4,899.00
2016-06-30 22,809.00 -211.00 7,777.00 4,899.00
2016-03-31 22,877.00 154.00 7,421.00 4,899.00
2015-12-31 23,658.00 -332.00 8,884.00 4,300.00
2015-09-30 26,225.00 596.00 8,779.00 4,300.00
2015-06-30 27,493.00 1,248.00 7,979.00 4,300.00
2015-03-31 27,347.00 1,497.00 7,529.00 4,300.00
2014-12-31 26,666.00 2,082.00 6,824.00 3,536.00
2014-09-30 24,206.00 1,663.00 6,089.00 3,536.00
2014-06-30 24,375.00 1,578.00 5,890.00 3,536.00
2014-03-31 24,313.00 1,413.00 5,405.00 3,536.00
2013-12-31 22,760.00 1,730.00 5,516.00 2,664.00
2013-09-30 21,609.00 1,581.00 4,828.00 2,664.00
2013-06-30 18,807.00 1,090.00 4,207.00 2,664.00
2013-03-31 18,667.00 1,359.00 3,799.00 2,664.00
2012-12-31 18,533.00 843.00 3,443.00 2,444.00
2012-09-30 18,370.00 412.00 3,459.00 2,444.00
2012-06-30 18,466.00 587.00 3,466.00 2,444.00
2012-03-31 16,131.00 86.00 3,487.00 2,444.00
2011-12-31 15,094.29 398.85 5,528.35 452.80

*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.
  • It is difficult to establish if Sun has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Sun has efficiently used its assets last year compared to the US Tech industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Sun improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sun'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 Tech 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.
Sun has a total score of 0/6, 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.

SNCP.F Health

 How is Sun'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 Sun's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sun is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sun's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sun'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 6.2x 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 Sun Company Filings, last reported 1 month ago.

OTCPK:SNCP.F Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 11,467.00 3,217.00 13,697.00
2018-06-30 11,698.00 3,139.00 14,303.00
2018-03-31 12,148.00 2,082.00 11,925.00
2017-12-31 12,368.00 2,109.00 10,733.00
2017-09-30 13,251.00 2,132.00 10,925.00
2017-06-30 13,770.00 2,155.00 12,001.00
2017-03-31 14,800.00 2,179.00 12,916.00
2016-12-31 14,055.00 2,101.00 11,349.00
2016-09-30 14,047.00 2,148.00 11,041.00
2016-06-30 15,057.00 1,976.00 10,785.00
2016-03-31 16,183.00 1,994.00 11,713.00
2015-12-31 16,083.00 2,018.00 11,726.00
2015-09-30 16,212.00 2,006.00 13,097.00
2015-06-30 16,029.00 1,081.00 13,737.00
2015-03-31 16,574.00 1,049.00 15,047.00
2014-12-31 16,464.00 1,068.00 11,566.00
2014-09-30 14,878.00 1,097.00 9,753.00
2014-06-30 14,445.00 1,104.00 9,656.00
2014-03-31 14,275.00 1,082.00 10,303.00
2013-12-31 13,833.00 1,038.00 8,384.00
2013-09-30 13,273.00 1,010.00 8,777.00
2013-06-30 12,509.00 1,022.00 8,164.00
2013-03-31 11,937.00 1,036.00 7,357.00
2012-12-31 10,831.00 1,252.00 5,582.00
2012-09-30 10,427.00 1,067.00 5,559.00
2012-06-30 10,431.00 1,084.00 5,801.00
2012-03-31 9,882.00 1,099.00 6,446.00
2011-12-31 9,848.00 948.00 5,421.00
  • Sun's level of debt (28.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (7.6% vs 28.1% today).
  • Debt is well covered by operating cash flow (77.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.4x coverage).
X
Financial health checks
We assess Sun'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. Sun 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.

SNCP.F Dividends

 What is Sun'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
3.33%
Current annual income from Sun dividends.
If you bought $2,000 of Sun shares you are expected to receive $67 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?
  • Sun's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.38%).
  • Sun's dividend is below the markets top 25% of dividend payers in United States of America (3.54%).
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:SNCP.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 0 Analyst Estimates (S&P Global) See Below
United States of America Tech Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1978 Stocks 2.5%
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 3.5%

Industry and Market average data is calculated daily.

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

OTCPK:SNCP.F Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
OTCPK:SNCP.F Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2018-06-27 20.000 3.207
2017-06-23 20.000 2.810
2017-05-12 20.000 2.844
2016-06-24 20.000 2.796
2016-05-13 20.000 2.690
2015-06-24 15.000 1.741
2015-05-15 15.000 0.850
2014-06-27 10.000 0.651
2014-05-09 10.000 0.907
2014-01-31 10.000 0.978
2013-06-27 10.000 0.748
2013-05-10 10.000 1.272
2012-08-03 10.000 2.927
2012-06-27 10.000 4.772
2012-02-03 7.500 3.740
2011-11-04 7.500 4.039
2011-08-05 7.500 4.188
2011-06-29 7.500 3.967
2011-05-13 7.500 4.118
2011-01-28 7.500 4.153
2010-11-05 7.500 4.235
2010-06-24 7.500 4.215
2010-05-14 7.500 3.926
2010-02-05 7.500 3.581
2009-08-06 7.500 3.572
2009-06-25 7.500 3.636
2008-11-17 7.500 3.967

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 Sun's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
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 Sun'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 Sun afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sun has a total score of 3/6, see the detailed checks below.


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

SNCP.F Management

 What is the CEO of Sun'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
Masanori Yamaguchi
AGE 82
CEO Bio

Mr. Masanori Yamaguchi serves as the Chief Executive Officer of Sun Corporation. Mr. Yamaguchi served as Senior Managing Director and has been President at Sun Corporation since June 2013. He served as the Managing Director of Kintetsu Corp., since June 1993 and served as Senior Managing Director since June 1997, Chief of Secretariat Office since June 1998, Vice President since June 1999 and President since June 2003. He served as the Chairman of Kintetsu Group Holdings Co., Ltd. since June 2007 and Kintetsu Department Store Co. Ltd. since May 2007. He served as a Corporate Advisor of Kintetsu Group Holdings Co., Ltd. since April 2015. Mr. Yamaguchi serves as Senior Advisor of KNT-CT Holdings Co., Ltd. He has been the Chairman of Kinki Nippon Tourist Co., Ltd. since March 2008. He served as the Chairman of CelleBrite USA Corp and Kintetsu World Express, Inc. He served as a Adviser of KNT-CT Holdings Co., Ltd. since January 2013. He served as the Chairman of Wakayama Kintetsu Department Store Co., Ltd. He serves as an External Director of Kintetsu World Express Inc. He has been an External Director of Asahi Broadcasting Corporation since June 2007. Mr. Yamaguchi has been External Director of Nippon Pallet Pool Co. Ltd. since June 2007. He has been a Director of KNT-CT Holdings Co., Ltd. (formerly Kinki Nippon Tourist Co. Ltd.) since January 2013. He served as a Representative Director of Kintetsu Group Holdings Co., Ltd. since June 1999. He has been a Representative Director at Sun Corporation since June 2013. He served as an Executive Director at Sun since January 2008 and Director of Kintetsu since June 1991. Mr. Yamaguchi served as a Director at Kintetsu Department Store Co., Ltd., since May 2003.

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

Masanori Yamaguchi

TITLE
CEO, President
AGE
82

Yasushi Yamamoto

TITLE
Manager of Accounting Department and Director
AGE
47
TENURE
9.5 yrs

Katsuhisa Kamegai

TITLE
Executive Officer and Director
AGE
59

Sakae Yamagishi

TITLE
Executive Officer

Yasushi Muto

TITLE
Executive Officer and Manager of Overall Product Department

Daisuke Nakahara

TITLE
Executive Officer and Manager of Suntac Business Department
Board of Directors Tenure

Average tenure and age of the Sun board of directors in years:

3.4
Average Tenure
65.5
Average Age
  • The tenure for the Sun board of directors is about average.
Board of Directors

Masanori Yamaguchi

TITLE
CEO, President
AGE
82
TENURE
5.4 yrs

Yasushi Yamamoto

TITLE
Manager of Accounting Department and Director
AGE
47
TENURE
5.4 yrs

Katsuhisa Kamegai

TITLE
Executive Officer and Director
AGE
59
TENURE
9.4 yrs

Sakae Yamagishi

TITLE
Executive Officer
TENURE
1.4 yrs

Mitsuharu Kitajima

TITLE
Director
TENURE
2.4 yrs

Masahito Sano

TITLE
Director
AGE
65
TENURE
5.4 yrs

Akira Okajima

TITLE
External Director
AGE
70
TENURE
2.4 yrs

Yutaka Miyata

TITLE
External Director
AGE
66
TENURE
3.4 yrs

Naoyuki Iribe

TITLE
Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Sun'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. Sun 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.

SNCP.F News

External News
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Simply Wall St News

SNCP.F Company Info

Map
Description

Sun Corporation engages in the information and communication, and entertainment businesses in Japan. It develops devices and software for mobile phone data transfer and extraction comprising Cellebrite Touch, a touch-screen device; UFED Touch Ultimate that enables extraction, decoding, analysis, and reporting of mobile data; and UFED 4PC Ultimate, a software-based mobile forensic solution. The company also develops, manufactures, and sells M2M Linux gateway, a user application for gathering and transferring data remotely; M2M communication devices, including routers, adapters, and gateways; and Bacsoft IoT Platform, a monitoring and control platform for utility supply, distribution, and storage. In addition, it develops puzzle and social games for cell phones, iPhones, smartphones, and others; and offers AceReal, a total solution system with augmented reality technology. Further, the company provides pachinko products and services, such as DUO STATION, a data analysis tool to collect, unify, and analyze information from game machines and data on customer trends; PREVO, an information assistant device to show game data; and iCLR Sand, a ball-lending device with a built-in television terminal. Additionally, it plans, designs, and develops control boards, liquid crystal display software, and other components for pachinko machines and slot machines on an OEM basis; offers pachinko control boards, communication equipment, computers for pachinko parlors, and exterior components of pachinko machines; and engages in modeling ABS resins, fabricating dies, and performing injection molding for plastics, assemble electronic devices, and mount printed boards primarily for amusement and communication equipment. Sun Corporation was founded in 1971 and is headquartered in Konan, Japan.

Details
Name: Sun Corporation
SNCP.F
Exchange: OTCPK
Founded: 1971
¥119,361,312
22,578,354
Website: http://www.sun-denshi.co.jp
Address: Sun Corporation
250 Asahi,
Kochino-cho,
Konan,
Aichi, 483-8555,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JASDAQ 6736 Common Shares TSE JASDAQ JP JPY 20. Mar 2002
OTCPK SNCP.F Common Shares Pink Sheets LLC US USD 20. Mar 2002
Number of employees
Current staff
Staff numbers
1,000
Sun employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/14 22:12
End of day share price update: 2018/08/17 00:00
Last estimates confirmation: 2018/06/27
Last earnings filing: 2018/11/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.