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Distribution Services

Sangetsu Corp.

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 2021 JPYUSD
Revenue145,316M1,370.16M
Gross Profit47,640M449.19M
Operating income6,702M63.19M
Income before tax6,963M65.65M
Net income4,780M45.06M
EBITDA9,713M91.58M
Diluted EPS78.910.74
Dividends Per Share580.54
Total Assets158,826M1,437.33M
Total liabilities65,162M589.70M
Total equity93,437M845.58M
Operating cash flow9,694M91.40M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 135,640M 156,390M 160,422M 161,265M 145,316M
Gross Profit 40,105M 47,572M 50,720M 52,925M 47,640M
Operating income 7,573M 5,034M 5,896M 9,269M 6,702M
Income before tax 9,234M 5,575M 5,287M 3,974M 6,963M
Net income 6,570M 4,514M 3,579M 1,431M 4,780M
EBITDA 9,534M 8,589M 9,258M 12,919M 9,713M
Diluted EPS 97.38 68.83 57.15 23.51 78.91
Dividends Per Share 52.50 55.50 56.50 57.50 58
Total Assets 169,344M 171,419M 170,875M 164,101M 158,826M
Total liabilities 58,882M 65,053M 70,728M 69,880M 65,162M
Total equity 110,458M 105,327M 99,224M 93,328M 93,437M
Operating cash flow 10,072M 7,196M 10,370M 13,804M 9,694M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,252.59M 1,411.04M 1,446.61M 1,483.22M 1,370.16M
Gross Profit 370.35M 429.22M 457.37M 486.77M 449.19M
Operating income 69.93M 45.41M 53.16M 85.25M 63.19M
Income before tax 85.27M 50.30M 47.67M 36.55M 65.65M
Net income 60.67M 40.72M 32.27M 13.16M 45.06M
EBITDA 88.04M 77.49M 83.48M 118.82M 91.58M
Diluted EPS 0.89 0.62 0.51 0.21 0.74
Dividends Per Share 0.48 0.50 0.50 0.52 0.54
Total Assets 1,519.73M 1,611.83M 1,543.79M 1,520.08M 1,437.33M
Total liabilities 528.42M 611.68M 639.00M 647.30M 589.70M
Total equity 991.27M 990.38M 896.45M 864.50M 845.58M
Operating cash flow 93.01M 64.92M 93.51M 126.96M 91.40M

Valuation Measures

Mar 2021
PER21.23
ROA2.96%
ROE5.11%
Operating margin4.61%
Profit margin3.28%

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 (12.8%)
  • Mitsubishi UFJ Financial Group, Inc. (3.4%)
  • The Ogaki Kyoritsu Bank Ltd. (3.4%)
  • HIBI YUICHI (3.0%)
  • HIBI TOZO (3.0%)
  • HIBI YOSHIO (3.0%)
  • MIWA MASAE (2.9%)
  • Nomura Asset Management Co., Ltd. (2.6%)
  • The Vanguard Group, Inc. (2.4%)
  • The Bank of Nagoya Ltd. (2.2%)

Contact Details

Related Companies

  • Sangetsu USA, Inc.
  • Sangetsu Restricted Stock Compensation Plan
  • Fairtone KK
  • Sangetsu America, Inc.
  • YS & Co. Ltd.
  • Wavelock Interior Co., Ltd.
  • Goodrich Global Holdings Pte Ltd.
  • Sungreen Co., Ltd.

Competitors

    Last Updated on 26 Nov, 2021

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