Announcement • Jun 24
Sanwa Holdings Corporation to Report Q1, 2027 Results on Jul 31, 2026 Sanwa Holdings Corporation announced that they will report Q1, 2027 results at 11:30 AM, Tokyo Standard Time on Jul 31, 2026 Reported Earnings • May 18
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥282 (up from JP¥265 in FY 2025). Revenue: JP¥660.7b (flat on FY 2025). Net income: JP¥59.8b (up 3.9% from FY 2025). Profit margin: 9.0% (up from 8.7% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 01
Sanwa Holdings Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Sanwa Holdings Corporation announced that they will report fiscal year 2026 results at 11:30 AM, Tokyo Standard Time on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥62.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Jan 31
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: JP¥54.49 (down from JP¥62.22 in 3Q 2025). Revenue: JP¥158.9b (down 1.5% from 3Q 2025). Net income: JP¥11.6b (down 14% from 3Q 2025). Profit margin: 7.3% (down from 8.4% in 3Q 2025). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 9.4%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,500, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Building industry in Japan. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,134 per share. Buy Or Sell Opportunity • Jan 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.8% to JP¥4,031. The fair value is estimated to be JP¥5,171, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period. Buy Or Sell Opportunity • Jan 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.7% to JP¥4,128. The fair value is estimated to be JP¥5,177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 4.4% per annum over the same time period. Buy Or Sell Opportunity • Dec 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.7% to JP¥4,078. The fair value is estimated to be JP¥5,187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 4.4% per annum over the same time period. Announcement • Dec 07
Sanwa Holdings Corporation to Report Q3, 2026 Results on Jan 30, 2026 Sanwa Holdings Corporation announced that they will report Q3, 2026 results at 11:30 AM, Tokyo Standard Time on Jan 30, 2026 Declared Dividend • Dec 02
First half dividend of JP¥62.00 announced Shareholders will receive a dividend of JP¥62.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Nov 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥4,083. The fair value is estimated to be JP¥5,113, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period. Reported Earnings • Nov 01
Second quarter 2026 earnings: EPS exceeds analyst expectations Second quarter 2026 results: EPS: JP¥90.46 (up from JP¥75.48 in 2Q 2025). Revenue: JP¥168.5b (down 1.7% from 2Q 2025). Net income: JP¥19.2b (up 17% from 2Q 2025). Profit margin: 11% (up from 9.6% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 31
Sanwa Holdings Corporation (TSE:5929) announces an Equity Buyback for 3,100,000 shares, representing 1.46% for ¥10,000 million. Sanwa Holdings Corporation (TSE:5929) announces a share repurchase program. Under the program, the company will repurchase 3,100,000 shares of common stock, representing 1.46% of the outstanding shares for ¥10,000 million. The purpose of the program is to enhance shareholder return and improve capital efficiency and implement a flexible capital policy. The program will run until March 31, 2026. As of September 30, 2025, the company had 212,400,861 shares outstanding and 8,599,139 shares in treasury. Buy Or Sell Opportunity • Oct 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥4,110. The fair value is estimated to be JP¥5,211, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period. Announcement • Sep 21
Sanwa Holdings Corporation to Report Q2, 2026 Results on Oct 31, 2025 Sanwa Holdings Corporation announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 01
First quarter 2026 earnings: EPS exceeds analyst expectations First quarter 2026 results: EPS: JP¥33.75. Revenue: JP¥140.8b (down 1.1% from 1Q 2025). Net income: JP¥7.22b (down 1.5% from 1Q 2025). Profit margin: 5.1% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Building industry in Japan. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥4,138, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Building industry in Japan. Total returns to shareholders of 229% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,596 per share. Announcement • Jul 31
Sanwa Holdings Corporation to Report Q1, 2026 Final Results on Aug 08, 2025 Sanwa Holdings Corporation announced that they will report Q1, 2026 final results on Aug 08, 2025 Declared Dividend • Jul 09
Final dividend of JP¥62.00 announced Shareholders will receive a dividend of JP¥62.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Outside Director Hiroko Ishimura was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 27
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥265 (up from JP¥196 in FY 2024). Revenue: JP¥662.4b (up 8.4% from FY 2024). Net income: JP¥57.5b (up 33% from FY 2024). Profit margin: 8.7% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.4%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 25
Sanwa Holdings Corporation to Report Q1, 2026 Results on Jul 31, 2025 Sanwa Holdings Corporation announced that they will report Q1, 2026 results at 11:30 AM, Tokyo Standard Time on Jul 31, 2025 Reported Earnings • May 18
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥265 (up from JP¥196 in FY 2024). Revenue: JP¥662.4b (up 8.4% from FY 2024). Net income: JP¥57.5b (up 33% from FY 2024). Profit margin: 8.7% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.4%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Sanwa Holdings Corporation (TSE:5929) announces an Equity Buyback for 2,900,000 shares, representing 1.35% for ¥10,000 million. Sanwa Holdings Corporation (TSE:5929) announces a share repurchase program. Under the program, the company will repurchase 2,900,000 shares of common stock, representing 1.35% of the outstanding shares for ¥10,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies. The program will run until September 30, 2025. As of April 30, 2025, the company had 214,375,112 shares outstanding and 12,624,888 shares in treasury. Announcement • May 14
Sanwa Holdings Corporation, Annual General Meeting, Jun 25, 2025 Sanwa Holdings Corporation, Annual General Meeting, Jun 25, 2025. Announcement • Mar 22
Sanwa Holdings Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Sanwa Holdings Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.4%). Price Target Changed • Feb 18
Price target increased by 10% to JP¥4,721 Up from JP¥4,286, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥4,854. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥240 for next year compared to JP¥196 last year. Reported Earnings • Feb 01
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: JP¥62.22 (up from JP¥42.34 in 3Q 2024). Revenue: JP¥161.3b (up 7.7% from 3Q 2024). Net income: JP¥13.5b (up 45% from 3Q 2024). Profit margin: 8.4% (up from 6.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jan 31
Price target increased by 7.1% to JP¥4,286 Up from JP¥4,000, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥4,902. Stock is up 110% over the past year. The company is forecast to post earnings per share of JP¥238 for next year compared to JP¥196 last year. Buy Or Sell Opportunity • Jan 31
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to JP¥4,902. The fair value is estimated to be JP¥3,941, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 7.9% per annum over the same time period. New Risk • Dec 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Dec 03
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 41% to JP¥4,653. The fair value is estimated to be JP¥3,819, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Announcement • Nov 29
Sanwa Holdings Corporation to Report Q3, 2025 Results on Jan 31, 2025 Sanwa Holdings Corporation announced that they will report Q3, 2025 results at 11:30 AM, Tokyo Standard Time on Jan 31, 2025 Price Target Changed • Nov 26
Price target increased by 8.6% to JP¥3,971 Up from JP¥3,657, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥4,541. Stock is up 116% over the past year. The company is forecast to post earnings per share of JP¥236 for next year compared to JP¥196 last year. New Risk • Nov 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 02
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: JP¥75.48 (up from JP¥73.62 in 2Q 2024). Revenue: JP¥171.5b (up 12% from 2Q 2024). Net income: JP¥16.4b (up 1.1% from 2Q 2024). Profit margin: 9.6% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 01
Sanwa Holdings Corporation (TSE:5929) announces an Equity Buyback for 5,130,000 shares, representing 2.36% for ¥15,000 million. Sanwa Holdings Corporation (TSE:5929) announces a share repurchase program. Under the program, the company will repurchase 5,130,000 shares, representing 2.36% of the outstanding shares for ¥15,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies. The program will run until April 30, 2025. As of September 30, 2024, the company had 217,620,895 shares outstanding and 11,379,105 shares in treasury. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥4,172, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Building industry in Japan. Total returns to shareholders of 258% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,315 per share. Announcement • Oct 18
Sanwa Holdings Corporation Revises Earnings Guidance for the First Half Ended September 30, 2024 Sanwa Holdings Corporation revised earnings guidance for the first half of the fiscal year ended September 30, 2024. For the first half, the company expects net sales of JPY 313,000 million, operating profit of JPY 32,000 million, profit attributable to owners of parent of JPY 23,500 million and Earnings per share of JPY 107.65 as compared to net sales of JPY 293,000 million, operating profit of JPY 26,500 million, profit attributable to owners of parent of JPY 18,000 million and Earnings per share of JPY 82.24 previous forecast. Reasons for these revisions: For the first half of the fiscal year ending March 31, 2025, they expect to exceed the published forecast due to the impact of exchange rate fluctuations as well as solid performance of the businesses in the North America and Japan. The Company is currently checking its full-year forecast for the fiscal year ending March 31, 2025, and will announce it immediately if a revision to the forecast becomes necessary. Price Target Changed • Oct 03
Price target increased by 9.5% to JP¥3,264 Up from JP¥2,981, the current price target is an average from 7 analysts. New target price is 16% below last closing price of JP¥3,879. Stock is up 98% over the past year. The company is forecast to post earnings per share of JP¥213 for next year compared to JP¥196 last year. Buy Or Sell Opportunity • Sep 25
Now 21% undervalued Over the last 90 days, the stock has risen 18% to JP¥3,466. The fair value is estimated to be JP¥4,380, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 5.0% per annum over the same time period. Announcement • Sep 21
Sanwa Holdings Corporation to Report Q2, 2025 Results on Oct 31, 2024 Sanwa Holdings Corporation announced that they will report Q2, 2025 results on Oct 31, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥39.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.5%). Reported Earnings • Aug 02
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: EPS: JP¥33.50 (up from JP¥26.39 in 1Q 2024). Revenue: JP¥142.4b (up 7.7% from 1Q 2024). Net income: JP¥7.33b (up 26% from 1Q 2024). Profit margin: 5.1% (up from 4.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 48%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 28% per year. Declared Dividend • Jul 11
Final dividend increased to JP¥39.00 Dividend of JP¥39.00 is 34% higher than last year. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.8%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 28
Sanwa Holdings Corporation to Report Q1, 2025 Results on Jul 31, 2024 Sanwa Holdings Corporation announced that they will report Q1, 2025 results at 11:30 AM, Tokyo Standard Time on Jul 31, 2024 Reported Earnings • May 16
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥196 (up from JP¥150 in FY 2023). Revenue: JP¥611.1b (up 3.9% from FY 2023). Net income: JP¥43.2b (up 31% from FY 2023). Profit margin: 7.1% (up from 5.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 28% per year. Announcement • May 15
Sanwa Holdings Corporation, Annual General Meeting, Jun 26, 2024 Sanwa Holdings Corporation, Annual General Meeting, Jun 26, 2024. Announcement • May 14
Sanwa Holdings Corporation (TSE:5929) announces an Equity Buyback for 2,500,000 shares, representing 1.14% for ¥5,000 million. Sanwa Holdings Corporation (TSE:5929) announces a share repurchase program. Under the program, the company will repurchase 2,500,000 shares, representing 1.14% of the outstanding shares for ¥5,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies. The program will run until September 30, 2024. As of April 30, 2024, the company had 218,879,239 shares outstanding and 10,120,761 shares in treasury. Buy Or Sell Opportunity • May 09
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.2% to JP¥2,668. The fair value is estimated to be JP¥2,206, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 2.5% per annum over the same time period. Announcement • Apr 01
Sanwa Holdings Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Sanwa Holdings Corporation announced that they will report fiscal year 2024 results at 11:30 AM, Tokyo Standard Time on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%). Buy Or Sell Opportunity • Mar 21
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to JP¥2,672. The fair value is estimated to be JP¥2,181, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 2.6% per annum over the same time period. 
