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31762026 Q3PrimeJGAAP

Sanyo Trading (3176) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥107.5B (+8.8% year on year) and operating income ¥6.6B (+18.5%). The segment drivers and cash flow follow.

Commercial & Wholesale Trade/Wholesale Trade


Financial Highlights

  • Net Sales: ¥107.53B
  • Operating Income: ¥6.56B
  • Net Income: ¥5.41B
  • EPS: ¥93.80

Income Statement

ItemCurrentPriorYoY %
Net Sales¥107.53B¥98.81B+8.8%
Cost of Sales¥88.55B¥81.61B+8.5%
Gross Profit¥18.98B¥17.19B+10.4%
SG&A Expenses¥12.42B¥11.66B+6.6%
Operating Income¥6.56B¥5.53B+18.5%
Non-operating Income¥704M¥622M+13.2%
Non-operating Expenses¥547M¥117M+367.5%
Ordinary Income¥6.71B¥6.04B+11.2%
Profit Before Tax¥8.21B¥6.97B+17.8%
Income Tax Expense¥2.80B¥2.40B+16.8%
Net Income¥5.41B¥4.57B+18.3%
Net Income Attributable to Owners¥5.41B¥4.57B+18.3%
Total Comprehensive Income¥6.17B¥4.44B+39.2%
Interest Expense¥59M¥61M−3.3%
Basic EPS¥93.80¥79.32+18.3%
Diluted EPS¥93.31¥78.90+18.3%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥75.73B¥69.92B+¥5.82B
Cash and Deposits¥11.98B¥11.90B+¥88M
Accounts Receivable¥24.41B¥23.68B+¥730M
Inventories¥27.85B¥25.99B+¥1.86B
Non-current Assets¥11.61B¥11.58B+¥28M
Property, Plant & Equipment¥3.52B¥3.46B+¥61M
Intangible Assets¥2.33B¥1.31B+¥1.02B
Goodwill¥1.70B¥685M+¥1.02B
Investment Securities¥4.67B¥5.35B−¥683M
Total Assets¥87.34B¥81.50B+¥5.84B
Current Liabilities¥29.44B¥28.11B+¥1.33B
Accounts Payable¥15.45B¥12.54B+¥2.91B
Short-term Loans¥1.26B¥2.91B−¥1.65B
Non-current Liabilities¥2.09B¥2.07B+¥18M
Long-term Loans¥100M¥100M¥0
Total Liabilities¥31.52B¥30.17B+¥1.35B
Total Equity¥55.82B¥51.32B+¥4.50B
Capital Stock¥1.01B¥1.01B¥0
Capital Surplus¥477M¥461M+¥16M
Retained Earnings¥49.55B¥45.84B+¥3.71B
Treasury Stock−¥85M−¥95M+¥10M
Owners' Equity¥55.73B¥51.23B+¥4.50B
Working Capital¥46.30B--

Profitability Ratios

ItemValue
Net Profit Margin5.0%
Gross Profit Margin17.7%
Current Ratio257.3%
Quick Ratio162.6%
Debt-to-Equity Ratio0.56x
Interest Coverage Ratio111.14x
Effective Tax Rate34.1%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+8.8%
Operating Income YoY Change+18.5%
Ordinary Income YoY Change+11.2%
Profit Before Tax YoY Change+17.8%
Net Income YoY Change+18.4%
Net Income Attributable to Owners YoY Change+18.3%
Total Comprehensive Income YoY Change+39.1%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)58.02M shares
Treasury Stock353K shares
Average Shares Outstanding57.64M shares
Book Value Per Share¥967.98

Dividend Information

ItemAmount
Q2 Dividend¥30.00

Segment Information

SegmentRevenueOperating Income
FineChemical¥35.01B¥2.54B
IndustrialProducts¥30.41B¥2.78B
LifeScience¥31.56B¥1.63B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥1.14B−¥366M
Sustainability¥9.41B¥953M

Full Year Forecast

ItemForecast
Net Sales Forecast¥138.00B
Operating Income Forecast¥7.50B
Ordinary Income Forecast¥7.65B
Net Income Attributable to Owners Forecast¥6.00B
Basic EPS Forecast¥104.05