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Sangetsu Corp.

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Business Summary

Sangetsu Corp. engages in the development and sale of interior decorating products that include wall paper, curtain, flooring materials, and upholstery. It operates through the following segments: Interior, Exterior, and Overseas. The Interior segment produces and markets interior decorations, such as wall coverings, curtains, and floor coverings. The Exterior segment includes the sale of exterior products for gate, fence, carport, and terrace. The Overseas Segment covers the businesses in Shanghai. The company was founded by Yasuke Hibi in1850 and is headquartered in Nagoya, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	149,481M	1,330.22M
Gross Profit	39,962M	355.62M
Operating income	7,960M	70.83M
Income before tax	3,506M	31.19M
Net income	277M	2.46M
EBITDA	11,790M	104.91M
Diluted EPS	4.64	0.04
Dividends Per Share	70	0.62
Total Assets	147,943M	1,218.89M
Total liabilities	59,611M	491.13M
Total equity	87,880M	724.03M
Operating cash flow	5,718M	50.88M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	156,390M	160,422M	161,265M	145,316M	149,481M
Gross Profit	47,572M	50,720M	52,925M	47,640M	39,962M
Operating income	5,034M	5,896M	9,269M	6,702M	7,960M
Income before tax	5,575M	5,287M	3,974M	6,963M	3,506M
Net income	4,514M	3,579M	1,431M	4,780M	277M
EBITDA	8,589M	9,258M	12,919M	9,713M	11,790M
Diluted EPS	68.83	57.15	23.51	78.91	4.64
Dividends Per Share	55.50	56.50	57.50	58	70
Total Assets	171,419M	170,875M	164,101M	158,665M	147,943M
Total liabilities	65,053M	70,728M	69,880M	64,912M	59,611M
Total equity	105,327M	99,224M	93,328M	93,438M	87,880M
Operating cash flow	7,196M	10,370M	13,804M	9,694M	5,718M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,411.04M	1,446.61M	1,483.22M	1,370.16M	1,330.22M
Gross Profit	429.22M	457.37M	486.77M	449.19M	355.62M
Operating income	45.41M	53.16M	85.25M	63.19M	70.83M
Income before tax	50.30M	47.67M	36.55M	65.65M	31.19M
Net income	40.72M	32.27M	13.16M	45.06M	2.46M
EBITDA	77.49M	83.48M	118.82M	91.58M	104.91M
Diluted EPS	0.62	0.51	0.21	0.74	0.04
Dividends Per Share	0.50	0.50	0.52	0.54	0.62
Total Assets	1,611.83M	1,543.79M	1,520.08M	1,435.88M	1,218.89M
Total liabilities	611.68M	639.00M	647.30M	587.43M	491.13M
Total equity	990.38M	896.45M	864.50M	845.59M	724.03M
Operating cash flow	64.92M	93.51M	126.96M	91.40M	50.88M

Valuation Measures

Mar 2022
PER	329.07
ROA	0.18%
ROE	0.30%
Operating margin	5.32%
Profit margin	0.18%

Key executives

President& Representative Director: Shosuke Yasuda
Manager-Finance & Accounting: Tatsuo Sukekawa
Director, Head-Personnel & Information System: Kenji Ito
Director: Shuji Sasaki
Managing Executive Officer & GM-Sales: Yasutomo Yoshikawa

Shareholders

Silchester International Investors LLP (4.9%)
Mitsubishi UFJ Financial Group, Inc. (3.5%)
The Ogaki Kyoritsu Bank Ltd. (3.4%)
HIBI TOZO (2.9%)
HIBI YOSHIO (2.8%)
MIWA MASAE (2.8%)
Nomura Asset Management Co., Ltd. (2.7%)
Sangetsu Business Association (2.6%)
The Vanguard Group, Inc. (2.3%)
The Bank of Nagoya Ltd. (2.0%)

Contact Details

Website:http://www.sangetsu.co.jp
Address: 1-4-1 Habashita, Nishi-Ku, Nagoya, 451-8775, Japan
Phone: +81.52.564.3111

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Competitors

Last Updated on 7 Dec, 2022