Bull-Dog Sauce Co., Ltd.

TSE:2804 Stock Report

Market Cap: JP¥25.6b

Bull-Dog Sauce Past Earnings Performance

Past criteria checks 4/6

Bull-Dog Sauce has been growing earnings at an average annual rate of 14.1%, while the Food industry saw earnings growing at 10.3% annually. Revenues have been declining at an average rate of 3.1% per year. Bull-Dog Sauce's return on equity is 10.3%, and it has net margins of 17.1%.

Key information

14.11%

Earnings growth rate

14.72%

EPS growth rate

Food Industry Growth4.08%
Revenue growth rate-3.09%
Return on equity10.28%
Net Margin17.09%
Next Earnings Update23 Jan 2026

Recent past performance updates

Bull-Dog Sauce's (TSE:2804) Solid Earnings May Rest On Weak Foundations

May 22
Bull-Dog Sauce's (TSE:2804) Solid Earnings May Rest On Weak Foundations

Recent updates

Bull-Dog Sauce's (TSE:2804) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 27
Bull-Dog Sauce's (TSE:2804) Shareholders Will Receive A Bigger Dividend Than Last Year

Bull-Dog Sauce's (TSE:2804) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 10
Bull-Dog Sauce's (TSE:2804) Shareholders Will Receive A Bigger Dividend Than Last Year

Bull-Dog Sauce (TSE:2804) Will Pay A Larger Dividend Than Last Year At ¥20.00

Aug 26
Bull-Dog Sauce (TSE:2804) Will Pay A Larger Dividend Than Last Year At ¥20.00

Bull-Dog Sauce (TSE:2804) Is Increasing Its Dividend To ¥20.00

Aug 11
Bull-Dog Sauce (TSE:2804) Is Increasing Its Dividend To ¥20.00

Bull-Dog Sauce's (TSE:2804) Upcoming Dividend Will Be Larger Than Last Year's

Jul 27
Bull-Dog Sauce's (TSE:2804) Upcoming Dividend Will Be Larger Than Last Year's

Bull-Dog Sauce's (TSE:2804) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 13
Bull-Dog Sauce's (TSE:2804) Shareholders Will Receive A Bigger Dividend Than Last Year

Bull-Dog Sauce's (TSE:2804) Solid Earnings May Rest On Weak Foundations

May 22
Bull-Dog Sauce's (TSE:2804) Solid Earnings May Rest On Weak Foundations

Bull-Dog Sauce's (TSE:2804) Dividend Will Be ¥18.00

Jan 24
Bull-Dog Sauce's (TSE:2804) Dividend Will Be ¥18.00

Earnings Troubles May Signal Larger Issues for Bull-Dog Sauce (TSE:2804) Shareholders

Nov 01
Earnings Troubles May Signal Larger Issues for Bull-Dog Sauce (TSE:2804) Shareholders

Revenue & Expenses Breakdown

How Bull-Dog Sauce makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:2804 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2514,6802,5093,9710
30 Jun 2514,6802,3753,9570
31 Mar 2514,6176233,9960
31 Dec 2414,6105914,1050
30 Sep 2414,5372764,2090
30 Jun 2414,490234,2250
31 Mar 2414,4821454,1560
31 Dec 2314,362-114,0860
30 Sep 2314,1302863,9540
30 Jun 2313,7255853,9000
31 Mar 2313,5295953,9210
31 Dec 2213,4477863,8710
30 Sep 2213,2706573,8660
30 Jun 2213,3096833,8290
31 Mar 2213,3007163,8490
31 Dec 2114,2215524,9980
30 Sep 2115,3176386,0560
30 Jun 2116,3685887,0960
31 Mar 2117,7086938,2280
31 Dec 2017,7168948,1350
30 Sep 2017,6848288,1640
30 Jun 2017,6257758,1820
31 Mar 2017,2356928,0720
31 Dec 1917,1086697,9690
30 Sep 1917,0496327,9140
30 Jun 1917,0025997,8700
31 Mar 1917,0107737,8270
31 Dec 1817,0007847,8460
30 Sep 1816,9128567,8200
30 Jun 1816,9009577,8110
31 Mar 1816,7918837,7710
31 Dec 1716,8328497,8100
30 Sep 1716,7278547,7500
30 Jun 1716,7318347,7230
31 Mar 1716,7608087,6920
31 Dec 1616,7748077,6660
30 Sep 1616,7557857,6760
30 Jun 1616,7667867,7090
31 Mar 1616,6667287,6810
31 Dec 1516,5387087,6480
30 Sep 1516,5636967,5880
30 Jun 1516,4526847,5100
31 Mar 1516,4556627,5210
31 Dec 1416,6006297,6010

Quality Earnings: 2804 has a large one-off gain of ¥2.8B impacting its last 12 months of financial results to 30th September, 2025.

Growing Profit Margin: 2804's current net profit margins (17.1%) are higher than last year (1.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2804's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: 2804's earnings growth over the past year (809.1%) exceeds its 5-year average (14.1% per year).

Earnings vs Industry: 2804 earnings growth over the past year (809.1%) exceeded the Food industry 1.2%.


Return on Equity

High ROE: 2804's Return on Equity (10.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/28 07:53
End of Day Share Price 2025/10/28 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bull-Dog Sauce Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.