3011
BANNERS CO.,LTD.
株式会社バナーズ
Consumer Cyclical · Auto & Truck Dealerships
Banners Co., Ltd. engages in the real estate utilization, and musical instruments and automobile sales businesses in Japan. The company rents commercial real estate properties; and sells and services Honda vehicles, including models such as rzR-Vj, STEPWGN, VEZEL, FREED, FIT, and N Series; and provides insurance services and related non-life insurance products. It also imports and sells oboes and bassoons through a specialty store of double reed musical instruments, as well as provides maintenance and after-sales services for musical instruments customers. The company was incorporated in 1950 and is headquartered in Kumagaya, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥5.6B
¥4.7B
¥4.3B
¥3.9B
Cost of Sales
¥4.3B
¥3.6B
¥3.3B
¥3.0B
Gross Profit
¥1.3B
¥1.1B
¥1.0B
¥953M
SG&A
¥954M
¥852M
¥811M
¥779M
Operating Income
¥344M
¥272M
¥213M
¥174M
Non-Operating Income
¥9M
¥8M
¥17M
¥11M
Dividend Income
¥0M
¥0M
¥0M
¥0M
Interest Income
¥4M
¥5M
¥6M
¥6M
Non-Operating Expenses
¥36M
¥38M
¥37M
¥39M
Interest Expense
¥31M
¥32M
¥34M
¥36M
Ordinary Income
¥317M
¥243M
¥193M
¥146M
Pre-tax Income
¥318M
¥236M
¥193M
¥131M
Income Taxes
¥65M
¥49M
¥33M
¥-13M
Current Tax
¥77M
¥55M
¥41M
¥12M
Deferred Tax
¥-12M
¥-7M
¥-8M
¥-25M
Net Income (owners)
¥250M
¥184M
¥156M
¥141M
Minority Interest
¥3M
¥3M
¥3M
¥3M
Comprehensive Income
¥231M
¥187M
¥159M
¥144M
EBITDA
¥531M
¥458M
¥402M
¥361M
EPS
¥16.33
¥11.98
¥9.78
¥8.78
Shares Outstanding
15.3M
15.3M
15.9M
15.9M
Shares Issued (total)
20.2M
20.2M
20.2M
20.2M
Treasury Shares
4.9M
4.9M
4.3M
4.3M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥8.9B
¥8.7B
¥9.0B
¥9.1B
Current Assets
¥2.0B
¥1.8B
¥2.6B
¥2.3B
Cash & Deposits
¥1.1B
¥837M
¥1.4B
¥1.5B
Trade Receivables
¥114M
¥78M
¥99M
¥82M
Non-Current Assets
¥6.8B
¥6.9B
¥6.5B
¥6.8B
PP&E
¥6.4B
¥6.5B
¥6.4B
¥6.4B
Intangible Assets
¥2M
¥3M
¥3M
¥3M
Investment Securities
¥2M
¥2M
¥2M
¥2M
Deferred Tax Assets
¥94M
¥81M
¥75M
¥67M
Total Liabilities
¥6.2B
¥6.2B
¥6.6B
¥6.8B
Current Liabilities
¥1.5B
¥1.3B
¥1.6B
¥1.6B
Accounts Payable
¥357M
¥271M
¥261M
¥240M
ST Debt
¥491M
¥485M
¥826M
¥871M
Taxes Payable
¥52M
¥37M
¥38M
¥12M
Non-Current Liabilities
¥4.7B
¥4.9B
¥5.0B
¥5.2B
Total LT Borrowings
¥2.6B
¥2.8B
¥2.8B
¥3.0B
Pension Obligations
¥144M
¥127M
¥116M
¥103M
Deferred Tax Liab.
¥0M
—
—
—
Total Equity
¥2.7B
¥2.5B
¥2.4B
¥2.3B
Capital Stock
¥307M
¥307M
¥307M
¥307M
Capital Surplus
¥576M
¥576M
¥576M
¥576M
Retained Earnings
¥966M
¥777M
¥657M
¥549M
Treasury Stock
¥-830M
¥-830M
¥-749M
¥-749M
AOCI
¥1.6B
¥1.6B
¥1.6B
¥1.6B
Equity (owners)
¥1.0B
¥831M
¥791M
¥683M
Minority Interests
¥23M
¥20M
¥17M
¥14M
Total Interest-Bearing Debt ⓘ
¥3.1B
¥3.3B
¥3.6B
¥3.8B
Net Cash ⓘ
¥-2.0B
¥-2.4B
¥-2.2B
¥-2.3B
NCAV ⓘ
¥-4.2B
¥-4.5B
¥-4.0B
¥-4.5B
NCAV/Share
¥-272
¥-291
¥-254
¥-283
BV/Share
¥67
¥54
¥50
¥43
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥514M
¥66M
¥335M
¥301M
Interest Paid
¥-25M
¥-25M
¥-26M
¥-28M
Interest Received
¥4M
¥4M
¥6M
¥6M
D&A
¥187M
¥186M
¥189M
¥187M
Investing CF
¥-35M
¥-112M
¥-172M
¥-70M
CapEx
¥16M
¥237M
¥169M
¥82M
Proceeds from Invest.
—
—
—
¥1M
Financing CF
¥-240M
¥-497M
¥-258M
¥-265M
Dividends Paid
¥-61M
¥-63M
¥-48M
¥-32M
Share Buybacks
¥-0M
¥-81M
¥-0M
¥-31M
LT Debt Repaid
¥-187M
¥-269M
¥-277M
¥-231M
Free Cash Flow
¥498M
¥-172M
¥166M
¥219M
Net Change in Cash
¥239M
¥-544M
¥-95M
¥-35M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
9.8%
7.5%
6.6%
6.2%
ROA
2.8%
2.1%
1.7%
1.5%
EPS
¥16.33
¥11.98
¥9.78
¥8.78
DPS
¥5.00
¥4.00
¥4.00
¥3.00
BPS
¥172.25
¥161.31
¥152.66
¥145.88
FCF/Share
¥32
¥-11
¥10
¥14
NCAV/Share
¥-272
¥-291
¥-254
¥-283
Payout Ratio
30.6%
33.4%
40.9%
34.2%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 8
Date Activist Stake Event Flag Demands Source
2025-04-18
Erugamirai institute Co.,Ltd
16.48%
+0.77%
correction
Passive
—
2025-04-18
Erugamirai institute Co.,Ltd
16.48%
+0.77%
correction
Passive
—
2025-04-18
Erugamirai institute Co.,Ltd
15.71%
correction
Passive
—
2025-04-18
Erugamirai institute Co.,Ltd
15.46%
-0.25%
correction
Passive
—
2025-04-04
Erugamirai institute Co.,Ltd
16.48%
change
Passive
—
2025-04-04
Erugamirai institute Co.,Ltd
15.71%
-0.77%
change
Passive
—
2025-03-12
Erugamirai institute Co.,Ltd
15.46%
-1.02%
change
Passive
—
2025-03-10
Erugamirai institute Co.,Ltd
16.48%
change
Passive
—
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
株式会社エルガみらい研究所
3,028
19.77%
2
みよし建設株式会社
996
6.50%
3
株式会社ハイタッチ
917
5.98%
4
有限会社昭和建材
785
5.13%
5
小山 嵩夫
613
4.00%
6
合同会社ゼンクーサ
469
3.06%
7
川口 文三郎
428
2.79%
8
鈴木 義雄
396
2.58%
9
シニア開発株式会社
326
2.13%
10
中島 和信
306
2.00%
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
53.9%
+0.2% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
式会社エルガみらい研究所
19.97%
19.78%
19.77%
-0.01%
みよし建設
6.01%
6.57%
6.50%
-0.07%
式会社ハイタッチ
5.75%
5.98%
5.98%
限会社昭和建材
4.26%
4.85%
5.13%
+0.28%
小山 嵩夫
3.84%
4.00%
4.00%
同会社ゼンクーサ
2.24%
3.25%
3.06%
-0.19%
川口 文三郎
2.68%
2.79%
2.79%
鈴木 義雄
2.77%
2.58%
2.58%
シニア開発
5.86%
1.91%
2.13%
+0.22%
中島 和信
1.92%
2.00%
2.00%
Concentration (HHI)
ⓘ
559
542
544
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved