Declared Dividend • Jun 12
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 28th August 2026 Payment date: 5th November 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Announcement • May 21
Sugi Holdings Co.,Ltd. to Report Q1, 2027 Results on Jul 09, 2026 Sugi Holdings Co.,Ltd. announced that they will report Q1, 2027 results on Jul 09, 2026 Reported Earnings • Apr 10
Full year 2026 earnings: Revenues and EPS in line with analyst expectations Full year 2026 results: EPS: JP¥249 (up from JP¥142 in FY 2025). Revenue: JP¥1.01t (up 15% from FY 2025). Net income: JP¥45.0b (up 75% from FY 2025). Profit margin: 4.5% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Apr 02
Sugi Holdings Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 09, 2026 Sugi Holdings Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 09, 2026 Board Change • Feb 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Shiro Uchida was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 8.6% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.5%). Reported Earnings • Jan 09
Third quarter 2026 earnings: EPS misses analyst expectations Third quarter 2026 results: EPS: JP¥38.96 (up from JP¥33.19 in 3Q 2025). Revenue: JP¥250.0b (up 13% from 3Q 2025). Net income: JP¥7.05b (up 17% from 3Q 2025). Profit margin: 2.8% (up from 2.7% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.9%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Nov 07
Sugi Holdings Co.,Ltd. to Report Q3, 2026 Results on Jan 08, 2026 Sugi Holdings Co.,Ltd. announced that they will report Q3, 2026 results on Jan 08, 2026 Declared Dividend • Nov 06
First half dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 26th February 2026 Payment date: 28th May 2026 Dividend yield will be 1.0%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 9.2% over the next 3 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Oct 10
Second quarter 2026 earnings: EPS and revenues miss analyst expectations Second quarter 2026 results: EPS: JP¥40.85 (up from JP¥38.33 in 2Q 2025). Revenue: JP¥254.7b (up 20% from 2Q 2025). Net income: JP¥7.39b (up 6.6% from 2Q 2025). Profit margin: 2.9% (down from 3.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing 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 only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Sep 02
Sugi Holdings Co.,Ltd. (TSE:7649) signed a letter of intent to acquire KNOCK ON THE DOOR Inc. Sugi Holdings Co.,Ltd. (TSE:7649) signed a letter of intent to acquire KNOCK ON THE DOOR Inc. on September 1, 2025. After the completion, KNOCK ON THE DOOR Inc. will be subsidiary of Sugi Holdings Co.,Ltd. Announcement • Aug 21
Sugi Holdings Co.,Ltd. to Report Q2, 2026 Results on Oct 09, 2025 Sugi Holdings Co.,Ltd. announced that they will report Q2, 2026 results on Oct 09, 2025 Announcement • Jul 10
Sugi Holdings Co.,Ltd. Revises Consolidate Earnings Guidance for the Second Quarter of 2026 and Fiscal Year Ending February 28, 2026 Sugi Holdings Co.,Ltd. revised consolidate earnings guidance for the second quarter of 2026 and Fiscal Year Ending February 28, 2026. For the Quarter, the company expects net sales of JPY 500,000 million, operating profit of JPY 24,000 million, profit attributable to owners of parent of JPY 29,000 million and Net profit per share - Basic of JPY 160.25 against previous guidance of expects net sales of JPY 495,000 million, operating profit of JPY 23,000 million, profit attributable to owners of parent of JPY 16,500 million and Net profit per share - Basic of JPY 91.18.
For the year, For the year, the company expects net sales of JPY 1,005,000 million, operating profit of JPY 49,000 million, profit attributable to owners of parent of JPY 44,200 million and Net profit per share - Basic of JPY 244.24 as compared with the previous guidance of For the year, the company expects net sales of JPY 1,000,000 million, operating profit of JPY 48,000 million, profit attributable to owners of parent of JPY 34,000 million and Net profit per share - Basic of JPY 187.88. Announcement • Jun 13
Sugi Holdings Co.,Ltd. Announces Closing of Two Stores in May 2025 Sugi Holdings Co.,Ltd. announces closing of two stores in May 2025. Closing Date, May. 1. Company Name, Pharmaunion. Store Name, Suzuran Pharmacy Higashifukuma. Address, Fukutsu Fukuoka. Closing Date, May. 31. Company Name, Sugi Pharmacy, Store Name, I&H Drug Blue Pharma Iizuka KAHO TERRAS, Address, Iizuka Fukuoka. Reported Earnings • Jun 03
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: JP¥142 (up from JP¥121 in FY 2024). Revenue: JP¥878.0b (up 18% from FY 2024). Net income: JP¥25.7b (up 17% from FY 2024). Profit margin: 2.9% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 28
Sugi Holdings Co.,Ltd. to Report Q1, 2026 Results on Jul 10, 2025 Sugi Holdings Co.,Ltd. announced that they will report Q1, 2026 results on Jul 10, 2025 Reported Earnings • Apr 11
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: JP¥142 (up from JP¥121 in FY 2024). Revenue: JP¥878.0b (up 18% from FY 2024). Net income: JP¥25.7b (up 17% from FY 2024). Profit margin: 2.9% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 11
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to JP¥3,056. The fair value is estimated to be JP¥2,524, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 7.6% per annum over the same time period. Announcement • Apr 10
Sugi Holdings Co.,Ltd., Annual General Meeting, May 27, 2025 Sugi Holdings Co.,Ltd., Annual General Meeting, May 27, 2025. Announcement • Mar 01
Sugi Holdings Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2025 Sugi Holdings Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2025 Upcoming Dividend • Feb 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 22 May 2025. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.6%). Reported Earnings • Jan 15
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: EPS: JP¥33.14 (up from JP¥33.05 in 3Q 2024). Revenue: JP¥220.8b (up 20% from 3Q 2024). Net income: JP¥6.00b (flat on 3Q 2024). Profit margin: 2.7% (down from 3.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jan 09
Sugi Holdings Co.,Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2025 Sugi Holdings Co.,Ltd. revised consolidated earnings guidance for the fiscal year ending February 28, 2025. For the fiscal year, the company expected net sales of JPY 875,000 million, Operating income of JPY 41,000 million, Profit attributable to owners of parent of JPY 25,500 million and Net income per share of JPY 140.91 against previous guidance of net sales of JPY 810,000 million, Operating income of JPY 40,000 million, Profit attributable to owners of parent of JPY 25,000 million and Net income per share of JPY 138.15 respectively. Announcement • Nov 27
Sugi Holdings Co.,Ltd. to Report Q3, 2025 Results on Jan 09, 2025 Sugi Holdings Co.,Ltd. announced that they will report Q3, 2025 results on Jan 09, 2025 Declared Dividend • Nov 06
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th February 2025 Payment date: 22nd May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 14% 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 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 25
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: JP¥38.33 (up from JP¥25.99 in 2Q 2024). Revenue: JP¥212.9b (up 13% from 2Q 2024). Net income: JP¥6.94b (up 48% from 2Q 2024). Profit margin: 3.3% (up from 2.5% in 2Q 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 14%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 06 November 2024. Payout ratio is a comfortable 64% and the cash payout ratio is 76%. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%). Announcement • Aug 16
Sugi Holdings Co.,Ltd. to Report Q2, 2025 Results on Sep 24, 2024 Sugi Holdings Co.,Ltd. announced that they will report Q2, 2025 results on Sep 24, 2024 Buy Or Sell Opportunity • Jul 18
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.7% to JP¥2,441. The fair value is estimated to be JP¥2,026, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 7.8% per annum over the same time period. Buy Or Sell Opportunity • Jul 01
Now 9.0% overvalued Over the last 90 days, the stock has fallen 12% to JP¥2,209. The fair value is estimated to be JP¥2,026, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 7.8% per annum over the same time period. Reported Earnings • Jun 26
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: EPS: JP¥33.84 (up from JP¥30.74 in 1Q 2024). Revenue: JP¥201.0b (up 13% from 1Q 2024). Net income: JP¥6.12b (up 10% from 1Q 2024). Profit margin: 3.0% (down from 3.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jun 24
Now 20% overvalued Over the last 90 days, the stock has fallen 7.5% to JP¥2,363. The fair value is estimated to be JP¥1,961, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 3.5%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. Declared Dividend • Jun 06
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 29th August 2024 Payment date: 6th November 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (23% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 13% 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 decline by 56% over the next 3 years. However, it would need to fall by 75% to increase the payout ratio to a potentially unsustainable range. Announcement • May 30
Sugi Holdings Co.,Ltd. to Report Q1, 2025 Results on Jun 25, 2024 Sugi Holdings Co.,Ltd. announced that they will report Q1, 2025 results on Jun 25, 2024 Reported Earnings • Apr 03
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥364 (up from JP¥104 in FY 2023). Revenue: JP¥744.5b (up 12% from FY 2023). Net income: JP¥22.0b (up 16% from FY 2023). Profit margin: 3.0% (up from 2.8% 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 4.4%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Price Target Changed • Feb 28
Price target decreased by 8.2% to JP¥2,146 Down from JP¥2,339, the current price target is an average from 9 analysts. New target price is 9.4% below last closing price of JP¥2,369. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥115 for next year compared to JP¥311 last year. Announcement • Feb 27
Sugi Holdings Co.,Ltd. (TSE:7649) agreed to acquire 61.89% stake in I&H Co., Ltd. from Hiroaki Iwasaki, Yuka Iwasaki and Hideki Iwasaki. Sugi Holdings Co.,Ltd. (TSE:7649) agreed to acquire 61.89% stake in I&H Co., Ltd. from Hiroaki Iwasaki, Yuka Iwasaki and Hideki Iwasaki on February 27, 2024. As per the transaction, Sugi Holdings Co.,Ltd. will acquire 10.8 million shares of I&H Co., Ltd. Announcement • Feb 21
Sugi Holdings Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 02, 2024 Sugi Holdings Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 02, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.5%). Board Change • Feb 10
Less than half of directors are independent 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. 2 independent directors (3 non-independent directors). Independent External Director Yoshiko Hayama was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Feb 01
Sugi Holdings Co.,Ltd., Annual General Meeting, May 01, 2024 Sugi Holdings Co.,Ltd., Annual General Meeting, May 01, 2024. Announcement • Dec 27
Sugi Holdings Co.,Ltd. Revises Consolidated Earnings Guidance for the Full Year of Fiscal Year Ending February 29, 2024 Sugi Holdings Co.,Ltd. revised consolidated earnings guidance for the full year of fiscal year ending February 29, 2024. For the year ending February 29, 2024, the company revised net sales to JPY 742,500 million from JPY 724,500 million, operating income to JPY 35,000 million from JPY 33,000 million and profit attributable to owners of parent to JPY 20,500 million from JPY 20,000 million and earnings per share to JPY 339.87 per share from JPY 331.58 per share. Announcement • Nov 12
Sugi Holdings Co.,Ltd. Announces Closing of Four Stores in the Month of October 2023 Sugi Holdings Co. Ltd. announced that in October 2023, the company has closed 4 stores. As a result, the total number of stores was 1,638 at the end of October 2023. Announcement • Nov 01
Sugi Holdings Co.,Ltd. to Report Q3, 2024 Results on Dec 26, 2023 Sugi Holdings Co.,Ltd. announced that they will report Q3, 2024 results on Dec 26, 2023 Reported Earnings • Sep 27
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: JP¥77.95 (up from JP¥71.01 in 2Q 2023). Revenue: JP¥188.7b (up 10% from 2Q 2023). Net income: JP¥4.70b (up 7.6% from 2Q 2023). Profit margin: 2.5% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year. Announcement • Sep 27
Sugi Holdings Co.,Ltd. Announces Dividend for the Second Quarter Ended August 31, 2023, Payable on November 6, 2023; Provides Year End Dividend Guidance for the Full Year Ending February 29, 2024 Sugi Holdings Co.,Ltd. announced dividend for the second quarter ended August 31, 2023. For the period, the company announced dividend of JPY 40 per share compared to JPY 40 per share paid a year ago. The dividend will be payable on November 6, 2023. The company provided year end dividend guidance for the full year ending February 29, 2024. For the period, the company expected year end dividend of JPY 40 per share compared to JPY 40 per share paid a year ago. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥40.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%). Announcement • Jul 30
Sugi Holdings Co.,Ltd. to Report Q2, 2024 Results on Sep 26, 2023 Sugi Holdings Co.,Ltd. announced that they will report Q2, 2024 results on Sep 26, 2023 Reported Earnings • Jun 02
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥311 (down from JP¥314 in FY 2022). Revenue: JP¥667.6b (up 6.7% from FY 2022). Net income: JP¥19.0b (down 2.0% from FY 2022). Profit margin: 2.8% (down from 3.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.4%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Board Change • Apr 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent External Director Yoshiko Hayama was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 08
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥311 (down from JP¥314 in FY 2022). Revenue: JP¥667.6b (up 6.7% from FY 2022). Net income: JP¥19.0b (down 2.0% from FY 2022). Profit margin: 2.8% (down from 3.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.4%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥40.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 23 May 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Announcement • Feb 15
Sugi Holdings Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 04, 2023 Sugi Holdings Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 04, 2023 Reported Earnings • Dec 28
Third quarter 2023 earnings: EPS exceeds analyst expectations Third quarter 2023 results: EPS: JP¥85.85 (up from JP¥79.50 in 3Q 2022). Revenue: JP¥163.6b (up 7.9% from 3Q 2022). Net income: JP¥5.19b (up 5.6% from 3Q 2022). Profit margin: 3.2% (in line with 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Sep 29
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: JP¥71.01 (down from JP¥78.58 in 2Q 2022). Revenue: JP¥171.3b (up 7.2% from 2Q 2022). Net income: JP¥4.37b (down 10.0% from 2Q 2022). Profit margin: 2.6% (down from 3.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 07 November 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Reported Earnings • Jun 29
First quarter 2023 earnings: EPS exceeds analyst expectations First quarter 2023 results: EPS: JP¥74.55 (down from JP¥80.55 in 1Q 2022). Revenue: JP¥161.1b (up 3.8% from 1Q 2022). Net income: JP¥4.61b (down 7.5% from 1Q 2022). Profit margin: 2.9% (down from 3.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 7.3%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Price Target Changed • Jun 15
Price target decreased to JP¥6,069 Down from JP¥6,556, the current price target is an average from 8 analysts. New target price is 20% above last closing price of JP¥5,060. Stock is down 43% over the past year. The company is forecast to post earnings per share of JP¥312 for next year compared to JP¥314 last year. Price Target Changed • May 25
Price target decreased to JP¥6,556 Down from JP¥7,050, the current price target is an average from 8 analysts. New target price is 25% above last closing price of JP¥5,230. Stock is down 39% over the past year. The company is forecast to post earnings per share of JP¥323 for next year compared to JP¥314 last year. 