SAIBO Co.,Ltd.

サイボー株式会社

Textiles & Apparels

← Companies

Price

¥648

Market Cap

¥8.3B

Ent. Value

¥17.3B

Net Debt

−¥9.0B

Shares Out.

12.9M

P / E

9.8×

EV / EBIT

21.5×

⚠ TSE Capital Mandate

P / Book

0.47×

P / NCAV

N/M

Div. Yield

2.47%

Financials

Metric	FY 2024 EDINET ↗	FY 2023 EDINET ↗	FY 2022 EDINET ↗	FY 2021 EDINET ↗
Net Sales	¥10.3B	¥11.4B	¥10.2B	¥9.0B
Cost of Sales	¥7.6B	¥8.8B	¥7.8B	¥7.1B
Gross Profit	¥2.7B	¥2.6B	¥2.4B	¥1.9B
SG&A	¥1.9B	¥1.7B	¥1.3B	¥1.2B
Operating Income	¥806M	¥987M	¥1.1B	¥646M
Non-Operating Income	¥565M	¥632M	¥255M	¥234M
Dividend Income	¥102M	¥187M	¥84M	¥101M
Interest Income	¥1M	¥1M	¥1M	¥1M
Non-Operating Expenses	¥124M	¥198M	¥160M	¥139M
Interest Expense	¥92M	¥97M	¥102M	¥108M
Ordinary Income	¥1.2B	¥1.4B	¥1.2B	¥741M
Pre-tax Income	¥1.2B	¥1.4B	¥1.2B	¥805M
Income Taxes	¥315M	¥396M	¥384M	¥217M
Current Tax	¥426M	¥434M	¥139M	¥186M
Deferred Tax	¥-111M	¥-39M	¥246M	¥31M
Net Income (owners)	¥860M	¥946M	¥733M	¥500M
Minority Interest	¥36M	¥60M	¥47M	¥88M
Comprehensive Income	¥876M	¥1.7B	¥878M	¥595M
EBITDA	¥2.2B	¥2.4B	¥2.4B	¥1.9B
EPS	¥65.84	¥71.76	¥55.49	¥37.81
Shares Outstanding	12.9M	13.1M	13.1M	13.1M
Shares Issued (total)	13.6M	13.6M	13.6M	13.6M
Treasury Shares	0.7M	0.5M	0.5M	0.5M

Metric	FY 2024 EDINET ↗	FY 2023 EDINET ↗	FY 2022 EDINET ↗	FY 2021 EDINET ↗
Total Assets	¥41.9B	¥43.5B	¥41.8B	¥42.9B
Current Assets	¥6.6B	¥7.8B	¥6.3B	¥6.1B
Cash & Deposits	¥3.9B	¥3.6B	¥2.8B	¥2.6B
Trade Receivables	¥1.0B	¥2.1B	¥1.4B	¥1.0B
Non-Current Assets	¥35.4B	¥35.7B	¥35.6B	¥36.8B
PP&E	¥28.3B	¥29.3B	¥30.3B	¥31.1B
Intangible Assets	¥3M	¥4M	¥7M	¥10M
Investment Securities	¥6.6B	¥6.0B	¥4.9B	¥5.2B
Deferred Tax Assets	¥95M	¥71M	¥67M	¥261M
Total Liabilities	¥21.8B	¥24.0B	¥23.7B	¥25.4B
Current Liabilities	¥2.4B	¥3.9B	¥2.9B	¥3.8B
Accounts Payable	¥484M	¥1.5B	¥670M	¥662M
ST Debt	¥758M	¥1.4B	¥1.4B	¥2.0B
Taxes Payable	¥222M	¥364M	¥50M	¥133M
Non-Current Liabilities	¥19.5B	¥20.1B	¥20.8B	¥21.6B
Total LT Borrowings	¥12.1B	¥12.6B	¥13.7B	¥14.8B
Pension Obligations	¥201M	¥203M	¥182M	¥167M
Deferred Tax Liab.	¥262M	¥307M	¥84M	—
Total Equity	¥20.1B	¥19.6B	¥18.2B	¥17.5B
Capital Stock	¥1.4B	¥1.4B	¥1.4B	¥1.4B
Capital Surplus	¥825M	¥825M	¥825M	¥825M
Retained Earnings	¥14.3B	¥13.7B	¥13.1B	¥12.5B
Treasury Stock	¥-431M	¥-339M	¥-244M	¥-245M
AOCI	¥1.6B	¥1.7B	¥923M	¥838M
Equity (owners)	¥16.1B	¥15.5B	¥15.0B	¥14.5B
Minority Interests	¥2.4B	¥2.4B	¥2.2B	¥2.2B

Total Interest-Bearing Debt ⓘ	¥12.9B	¥14.0B	¥15.1B	¥16.8B
Net Cash ⓘ	¥-9.0B	¥-10.4B	¥-12.3B	¥-14.2B
NCAV ⓘ	¥-15.3B	¥-16.2B	¥-17.4B	¥-19.3B
NCAV/Share	¥-1,184	¥-1,235	¥-1,330	¥-1,474
BV/Share	¥1,250	¥1,189	¥1,150	¥1,108

Metric	FY 2024 EDINET ↗	FY 2023 EDINET ↗	FY 2022 EDINET ↗	FY 2021 EDINET ↗
Operating CF	¥2.4B	¥2.3B	¥2.3B	¥2.0B
Interest Paid	¥-92M	¥-97M	¥-102M	¥-108M
Interest Received	¥103M	¥188M	¥85M	¥105M
D&A	¥1.4B	¥1.4B	¥1.3B	¥1.3B
Investing CF	¥-627M	¥-166M	¥-148M	¥-3.0B
CapEx	¥416M	¥331M	¥362M	¥3.1B
Purchase Investments	¥-254M	¥-43M	¥-60M	¥-66M
Proceeds from Invest.	¥28M	¥109M	¥204M	¥117M
Financing CF	¥-1.5B	¥-1.4B	¥-1.9B	¥1.7B
Dividends Paid	¥-209M	¥-209M	¥-183M	¥-183M
Share Buybacks	¥-96M	—	—	—
LT Debt Repaid	¥-1.1B	¥-1.1B	¥-1.1B	¥-1.2B
Free Cash Flow	¥2.0B	¥1.9B	¥1.9B	¥-1.1B
Net Change in Cash	¥261M	¥743M	¥244M	¥806M

Metric	FY 2024 EDINET ↗	FY 2023 EDINET ↗	FY 2022 EDINET ↗	FY 2021 EDINET ↗
ROE	4.9%	5.7%	4.7%	3.3%
ROA	2.0%	2.2%	1.7%	1.2%
EPS	¥65.84	¥71.76	¥55.49	¥37.81
DPS	¥16.00	¥16.00	¥15.00	¥14.00
BPS	¥1,376.47	¥1,314.86	¥1,207.70	¥1,159.89
FCF/Share	¥152	¥148	¥148	¥-81
NCAV/Share	¥-1,184	¥-1,235	¥-1,330	¥-1,474
Payout Ratio	24.3%	22.3%	27.0%	37.0%

Capital Allocation Signals 1

Date	Type	Amount	Summary
2026-05-14 15:30	Div Increase	¥114M ¥9.0/sh +12%	Cybro Inc. announced a dividend increase for fiscal year ending March 31, 2026. The board resolved on May 14, 2026 to pa…
Summary Cybro Inc. announced a dividend increase for fiscal year ending March 31, 2026. The board resolved on May 14, 2026 to pay a year-end dividend of ¥9.00 per share (up ¥1.00 from the prior forecast of ¥8.00), bringing total annual dividend to ¥17.00 per share, up 6.25% from prior year's ¥16.00. Total dividend payout is ¥114 million, with an effective date of June 29, 2026. Deadline: 2026-06-29 YoY: +12% Source (JP) 2026年３月期の期末配当金は、直近予想の１株当たり８円から１円増配し９円とすることといたしました。これにより、当期の年間配当金は、１株当たり17円となります。剰余金の配当に関するお知らせ TDnet PDF

#	Shareholder	Shares (thou.)	% of Total
1	埼栄不動産株式会社	2,183	16.95%
2	飯塚元一	1,427	11.08%
3	Daiei Real Estate & Development Co.,Ltd. 大栄不動産株式会社	664	5.15%
4	Musashi Securities Co.,Ltd. むさし証券株式会社	645	5.01%
5	Saitama Resona Bank 株式会社埼玉りそな銀行	622	4.83%
6	HAZAMA ANDO CORPORATION 株式会社安藤・間	525	4.07%
7	有限会社エヌ・アイ	500	3.88%
8	株式会社ホテルサイボー	384	2.98%
9	飯塚将	327	2.54%
10	Sompo Japan Insurance Inc. 損害保険ジャパン株式会社	284	2.21%

as of 2025-03-31 Source: EDINET ↗

Ownership by year — hover bars for detail

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

58.7%

-0.1% vs 2024

Named entities with disclosed investment intent

Shareholder	Trend	2023	2024	2025
埼栄不動産		16.34%	16.70%	16.95% +0.25%
飯塚元一		10.68%	10.91%	11.08% +0.17%
Daiei Real Estate & Development Co.,Ltd. 大栄不動産		4.97%	5.08%	5.15% +0.07%
Musashi Securities Co.,Ltd. むさし証券		4.83%	4.93%	5.01% +0.08%
Saitama Resona Bank りそな銀行		4.98%	4.99%	4.83% -0.16%
HAZAMA ANDO CORPORATION 式会社安藤・間		3.93%	4.01%	4.07% +0.06%
限会社エヌ・アイ		3.74%	3.82%	3.88% +0.06%
式会社ホテルサイボー		2.88%	2.94%	2.98% +0.04%
飯塚将 NEW ENTRY	—	—	—	2.54% NEW
Sompo Japan Insurance Inc. 損害保険ジャパン		2.80%	2.86%	2.21% -0.65%
taisei corporation 大成建設 last seen 2024	Exited Top 10	2.63%	2.52%	—
Concentration (HHI) ⓘ		506	527	537

3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved

Portfolio Book Value ¥1,060M +59% since 2023

Holdings 3

Trend Stable vs 2023

Held Company	FY2025 ¥1,060M total		FY2023 ¥666M total
	Book Val ¥M	Shares	Book Val ¥M	Shares
Resona Holdings, Inc. ㈱りそなホールディングス	693	538,700	344	538,700	M
AGS Corporation ＡＧＳ㈱	220	268,000	186	268,000	M
MURO CORPORATION ㈱ムロコーポレーション	147	122,000	135	122,000	M
Portfolio total	1,060		666

Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding