SATO Holdings Corporation
Fact Sheet - Q2 FY2024
(1/2) | FY2022 | FY2023 | FY2024 | FY2024 | |||||||||
(Millions of yen) | 1Q | 2Q | 3Q | 4Q | FY | 1Q | 2Q | 3Q | 4Q | FY | 1Q | 2Q | 1H |
Business performance | |||||||||||||
Sales | 33,686 | 36,777 | 37,871 | 34,489 | 142,824 | 33,989 | 35,797 | 37,628 | 36,031 | 143,446 | 37,674 | 38,415 | 76,090 |
Overseas sales ratio | 48.7% | 50.3% | 49.2% | 43.9% | 48.1% | 48.4% | 47.8% | 46.9% | 46.4% | 47.4% | 51.3% | 50.0% | 50.7% |
Gross profit | 12,623 | 15,034 | 15,393 | 13,633 | 56,684 | 13,673 | 15,018 | 15,842 | 14,582 | 59,117 | 15,604 | 15,513 | 31,118 |
Gross profit margin | 37.5% | 40.9% | 40.6% | 39.5% | 39.7% | 40.2% | 42.0% | 42.1% | 40.5% | 41.2% | 41.4% | 40.4% | 40.9% |
Selling, general and administrative expenses | 11,798 | 12,082 | 12,088 | 11,873 | 47,843 | 11,513 | 12,558 | 12,375 | 12,286 | 48,733 | 12,740 | 12,598 | 25,339 |
Operating income | 824 | 2,951 | 3,304 | 1,760 | 8,841 | 2,160 | 2,460 | 3,467 | 2,295 | 10,383 | 2,864 | 2,914 | 5,778 |
Operating income margin | 2.4% | 8.0% | 8.7% | 5.1% | 6.2% | 6.4% | 6.9% | 9.2% | 6.4% | 7.2% | 7.6% | 7.6% | 7.6% |
EBITDA *1 | 2,125 | 4,266 | 4,599 | 2,970 | 13,961 | 3,389 | 3,708 | 4,724 | 3,633 | 15,456 | 4,174 | 4,271 | 8,446 |
EBITDA margin | 6.3% | 11.6% | 12.1% | 8.6% | 9.8% | 10.0% | 10.4% | 12.6% | 10.1% | 10.8% | 11.1% | 11.1% | 11.1% |
Profit attributable to owners of parent | 1,195 | 2,033 | 1,887 | -932 | 4,184 | 1,304 | 686 | 2,814 | -1,241 | 3,565 | 1,197 | 1,830 | 3,028 |
Effective tax rate | 25.4% | 24.7% | 20.9% | - | 30.6% | 29.4% | 28.0% | 13.9% | - | 25.8% | 41.0% | 16.8% | 28.7% |
Financial position | |||||||||||||
Total assets | 129,479 | 129,804 | 123,028 | 122,858 | 122,858 | 125,170 | 125,193 | 128,172 | 132,457 | 132,457 | 138,941 | 132,050 | 132,050 |
Interest-bearing debt *2 | 16,886 | 16,554 | 15,944 | 15,600 | 15,600 | 15,430 | 14,618 | 17,796 | 17,734 | 17,734 | 17,782 | 17,490 | 17,490 |
Net assets | 71,031 | 72,236 | 66,972 | 67,694 | 67,694 | 69,565 | 71,302 | 71,627 | 74,085 | 74,085 | 78,828 | 75,545 | 75,545 |
Research and development | 1,107 | 1,096 | 1,202 | 1,238 | 4,644 | 1,078 | 1,159 | 1,122 | 1,073 | 4,434 | 1,211 | 1,089 | 2,301 |
Capital expenditures | 1,599 | 1,177 | 1,480 | 2,100 | 6,357 | 1,740 | 2,989 | 1,561 | 1,950 | 8,241 | 2,105 | 1,945 | 4,050 |
Depreciation | 1,224 | 1,234 | 1,213 | 1,182 | 4,855 | 1,191 | 1,213 | 1,221 | 1,300 | 4,926 | 1,270 | 1,319 | 2,590 |
Amortization of goodwill | 76 | 80 | 80 | 27 | 264 | 37 | 34 | 36 | 37 | 146 | 38 | 38 | 77 |
Cash flow | |||||||||||||
Cash flow from operating activities | -122 | 957 | 1,291 | 3,063 | 5,190 | 1,827 | 2,820 | 2,539 | 5,375 | 12,563 | 2,944 | 3,239 | 6,184 |
Cash flow from investing activities | 1,671 | 1,307 | 1,599 | -2,288 | 2,290 | -2,812 | -2,128 | -676 | -2,317 | -7,934 | -2,994 | -2,073 | -5,068 |
Cash flow from financing activities | -1,473 | -2,268 | -1,495 | -1,071 | -6,309 | -1,747 | -871 | 1,875 | -1,008 | -1,751 | -1,475 | -16 | -1,491 |
Foreign currency translation adjustments on cash and | 759 | 108 | -692 | 263 | 438 | 717 | -30 | -702 | 488 | 473 | 823 | -1,295 | -472 |
cash equivalents | |||||||||||||
Cash and cash equivalents at end of year | 19,975 | 20,079 | 20,783 | 20,751 | 20,751 | 18,737 | 18,527 | 21,564 | 24,102 | 24,102 | 23,399 | 23,254 | 23,254 |
Per share data (yen) | |||||||||||||
EPS | 126.66 | 110.02 | |||||||||||
BPS | 2,020.83 | 2,199.41 | |||||||||||
DPS | 36 | 36 | 72 | 36 | 37 | 73 | 37 | 37 | |||||
Financial indicators | |||||||||||||
ROE | 6.5% | 5.2% | |||||||||||
ROIC *3 | 7.7% | 8.5% | |||||||||||
ROA | 7.5% | 7.0% | |||||||||||
Equity ratio | 52.6% | 53.5% | 52.7% | 53.3% | 53.3% | 53.7% | 55.0% | 53.8% | 53.8% | 53.8% | 54.2% | 54.9% | 54.9% |
Debt-equity ratio *4 | 24.8% | 23.8% | 24.6% | 23.8% | 23.8% | 23.0% | 21.2% | 25.8% | 24.9% | 24.9% | 23.6% | 24.1% | 24.1% |
Dividend payout ratio | 56.8% | 66.4% | |||||||||||
DOE | 3.7% | 3.5% | |||||||||||
Other information | |||||||||||||
Number of employees(excl. temporary staff/end | 5,667 | 5,624 | 5,651 | 5,637 | 5,637 | 5,654 | 5,693 | 5,726 | 5,744 | 5,744 | 5,767 | 5,865 | 5,865 |
of quarter) | |||||||||||||
Japan | 2,001 | 2,000 | 1,994 | 1,989 | 1,989 | 1,994 | 2,012 | 2,026 | 2,029 | 2,029 | 2,043 | 2,045 | 2,045 |
Overseas | 3,666 | 3,624 | 3,657 | 3,648 | 3,648 | 3,660 | 3,681 | 3,700 | 3,715 | 3,715 | 3,724 | 3,820 | 3,820 |
*1 EBITDA=Operating income+Depreciation+Amortization of goodwill *2 Including lease obligations
*3 Operating income x [1 minus deemed corporate tax rate] / Average of [Equity capital + Interest-bearing debt] *4 Interest-bearing debt / Equity capital
November 13, 2024
FY2024 Forecasts
As of 13 Nov.
153,500
11,400
7.4%
16,900
11.0%
6,600
4,600
8,000
5,350
150
203.49
74
9.0%
8.7%
36.4%
0
SATO Holdings Corporation
Fact Sheet - Q2 FY2024
(2/2) | FY2022 | FY2023 | FY2024 | FY2024 | ||||||||||
(Millions of yen) | 1Q | 2Q | 3Q | 4Q | FY | 1Q | 2Q | 3Q | 4Q | FY | 1Q | 2Q | 1H | |
Segment information | ||||||||||||||
Sales (consolidated) | 33,686 | 36,777 | 37,871 | 34,489 | 142,824 | 33,989 | 35,797 | 37,628 | 36,031 | 143,446 | 37,674 | 38,415 | 76,090 | |
Auto-ID Solutions Business | 33,686 | 36,777 | 37,871 | 34,489 | 142,824 | 33,989 | 35,797 | 37,628 | 36,031 | 143,446 | 37,674 | 38,415 | 76,090 | |
Overseas | 16,394 | 18,483 | 18,626 | 15,153 | 68,657 | 16,452 | 17,104 | 17,648 | 16,725 | 67,931 | 19,321 | 19,223 | 38,545 | |
Base Business | 11,637 | 12,833 | 12,509 | 10,606 | 47,586 | 11,776 | 11,806 | 12,422 | 12,064 | 48,069 | 13,355 | 12,806 | 26,161 | |
Primary Labels | 4,757 | 5,649 | 6,117 | 4,546 | 21,071 | 4,676 | 5,297 | 5,226 | 4,661 | 19,862 | 5,966 | 6,416 | 12,383 | |
Japan | 17,291 | 18,294 | 19,244 | 19,336 | 74,166 | 17,536 | 18,692 | 19,980 | 19,305 | 75,514 | 18,353 | 19,191 | 37,545 | |
Operating income (consolidated) | 824 | 2,951 | 3,304 | 1,760 | 8,841 | 2,160 | 2,460 | 3,467 | 2,295 | 10,383 | 2,864 | 2,914 | 5,778 | |
Auto-ID Solutions Business | 910 | 3,051 | 3,746 | 2,039 | 9,748 | 1,959 | 2,452 | 3,417 | 2,139 | 9,968 | 2,772 | 3,076 | 5,849 | |
Overseas | 919 | 2,109 | 2,637 | 1,445 | 7,111 | 2,169 | 2,346 | 2,490 | 1,238 | 8,243 | 2,586 | 2,303 | 4,889 | |
Base Business | 693 | 1,140 | 1,335 | 417 | 3,586 | 1,003 | 679 | 1,340 | 523 | 3,546 | 1,277 | 1,053 | 2,330 | |
Primary Labels | 262 | 972 | 1,402 | 1,100 | 3,737 | 1,118 | 1,509 | 1,136 | 775 | 4,540 | 1,301 | 1,290 | 2,592 | |
Eliminations | -36 | -3 | -99 | -72 | -212 | 47 | 157 | 12 | -60 | 156 | 7 | -40 | -33 | |
Japan | -8 | 941 | 1,108 | 594 | 2,637 | -210 | 106 | 927 | 901 | 1,724 | 186 | 773 | 959 | |
Eliminations | -86 | -100 | -441 | -279 | -907 | 201 | 7 | 49 | 156 | 415 | 92 | -162 | -70 | |
Sales by vertical information(Japan) | ||||||||||||||
Manufacturing | 5,041 | 5,299 | 5,382 | 5,426 | 21,149 | 4,865 | 5,279 | 5,607 | 5,635 | 21,388 | 4,899 | 5,330 | 10,230 | |
Logistics | 3,654 | 3,883 | 4,295 | 4,228 | 16,063 | 3,998 | 4,183 | 4,479 | 4,256 | 16,918 | 4,141 | 4,334 | 8,475 | |
Retail *5 | 2,505 | 2,615 | 2,625 | 2,846 | 10,592 | 2,366 | 2,399 | 2,613 | 2,706 | 10,086 | 2,777 | 2,809 | 5,587 | |
Health Care | 2,095 | 2,184 | 2,429 | 2,610 | 9,319 | 2,166 | 2,472 | 2,709 | 2,485 | 9,834 | 2,268 | 2,486 | 4,754 | |
Food & Beverage | 1,861 | 1,910 | 2,184 | 1,855 | 7,812 | 1,852 | 2,049 | 2,243 | 1,975 | 8,120 | 2,062 | 2,131 | 4,194 | |
Public | 235 | 448 | 389 | 398 | 1,473 | 430 | 378 | 390 | 344 | 1,544 | 303 | 226 | 529 | |
Exchange rate (YTD average) | ||||||||||||||
USD/JPY | 129.72 | 134.03 | 136.49 | 135.49 | 135.49 | 137.49 | 141.05 | 143.32 | 144.58 | 144.58 | 155.85 | 152.78 | 152.78 | |
EUR/JPY | 138.25 | 138.76 | 140.60 | 140.98 | 140.98 | 149.58 | 153.45 | 155.32 | 156.74 | 156.74 | 167.84 | 166.06 | 166.06 |
*5 ex-Retail/Apparel
November 13, 2024
FY2024 Forecasts As of 13 Nov.
153,500
153,500
74,500
79,000
11,400
11,500
7,800
3,700
-100
145
160
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SATO Holdings Corporation published this content on November 13, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on November 13, 2024 at 07:25:12.197.