3441
SANNO Co.,Ltd
株式会社山王
Industrials · Metal Fabrication
SANNO Co., Ltd., together with its subsidiaries, engages in mold manufacturing and precision press processing activities in Japan and the Philippines. The company is also involved in precious metal surface treatment processing, insert molding processing, and precision press processing of electronic components, such as connectors and switches. It primarily serves connector manufacturers. The company was founded in 1958 and is headquartered in Yokohama, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥10.8B
¥8.8B
¥9.6B
¥9.5B
¥8.1B
Cost of Sales
¥8.6B
¥7.4B
¥7.9B
¥7.6B
¥6.5B
Gross Profit
¥2.2B
¥1.4B
¥1.7B
¥1.9B
¥1.6B
SG&A
¥1.4B
¥1.2B
¥1.5B
¥1.4B
¥1.3B
Operating Income
¥796M
¥233M
¥206M
¥502M
¥263M
Non-Operating Income
¥86M
¥201M
¥140M
¥79M
¥105M
Dividend Income
¥10M
¥7M
¥6M
¥5M
¥6M
Interest Income
¥38M
¥41M
¥17M
¥5M
¥7M
Non-Operating Expenses
¥76M
¥71M
¥106M
¥73M
¥124M
Interest Expense
¥56M
¥43M
¥46M
¥47M
¥42M
Ordinary Income
¥807M
¥363M
¥240M
¥508M
¥244M
Pre-tax Income
¥813M
¥355M
¥238M
¥363M
¥992M
Income Taxes
¥48M
¥42M
¥84M
¥7M
¥26M
Current Tax
¥162M
¥47M
¥38M
¥93M
¥27M
Deferred Tax
¥-115M
¥-4M
¥46M
¥-86M
¥-1M
Net Income (owners)
¥766M
¥313M
¥154M
¥356M
¥966M
Comprehensive Income
¥513M
¥654M
¥371M
¥631M
¥725M
EBITDA
¥1.2B
¥695M
¥716M
¥978M
¥754M
Goodwill Amort. (J-GAAP)
¥4M
—
—
—
—
EPS
¥172.65
¥68.41
¥33.38
¥77.07
¥209.31
Shares Outstanding
4.3M
4.5M
4.6M
4.6M
4.6M
Shares Issued (total)
5.0M
5.0M
5.0M
5.0M
5.0M
Treasury Shares
0.7M
0.5M
0.4M
0.4M
0.4M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥12.9B
¥12.1B
¥11.6B
¥11.6B
¥10.7B
Current Assets
¥8.6B
¥8.2B
¥7.6B
¥8.1B
¥7.2B
Cash & Deposits
¥3.6B
¥3.9B
¥3.4B
¥2.9B
¥3.1B
Trade Receivables
¥2.0B
¥1.7B
¥1.6B
¥2.3B
—
Non-Current Assets
¥4.3B
¥3.8B
¥4.0B
¥3.6B
¥3.5B
PP&E
¥3.5B
¥3.1B
¥3.4B
¥2.9B
¥2.8B
Intangible Assets
¥116M
¥147M
¥160M
¥149M
¥112M
Investment Securities
¥369M
¥358M
¥341M
¥313M
¥425M
Deferred Tax Assets
¥116M
¥1M
—
¥47M
—
Total Liabilities
¥6.1B
¥5.6B
¥5.7B
¥6.0B
¥5.7B
Current Liabilities
¥4.9B
¥4.0B
¥3.6B
¥4.0B
¥3.8B
Accounts Payable
¥423M
¥364M
¥292M
¥258M
¥331M
ST Debt
¥3.4B
¥2.9B
¥2.7B
¥2.8B
¥2.8B
Taxes Payable
¥102M
¥20M
¥7M
¥98M
¥9M
Non-Current Liabilities
¥1.2B
¥1.6B
¥2.0B
¥2.0B
¥1.9B
Total LT Borrowings
¥786M
¥1.1B
¥1.5B
¥1.3B
¥1.5B
Pension Obligations
¥176M
¥175M
¥193M
¥195M
¥199M
Deferred Tax Liab.
¥4M
¥2M
¥3M
¥1M
¥56M
Total Equity
¥6.8B
¥6.4B
¥5.9B
¥5.6B
¥5.0B
Capital Stock
¥962M
¥962M
¥962M
¥962M
¥962M
Capital Surplus
¥873M
¥871M
¥871M
¥871M
¥871M
Retained Earnings
¥4.5B
¥3.8B
¥3.5B
¥3.4B
¥3.1B
Treasury Stock
¥-395M
¥-261M
¥-126M
¥-126M
¥-125M
AOCI
¥833M
¥1.1B
¥745M
¥528M
¥252M
Equity (owners)
¥5.9B
¥5.3B
¥5.2B
¥5.1B
¥4.8B
Total Interest-Bearing Debt ⓘ
¥4.2B
¥4.0B
¥4.2B
¥4.1B
¥4.3B
Net Cash ⓘ
¥-623M
¥-84M
¥-825M
¥-1.2B
¥-1.2B
NCAV ⓘ
¥2.5B
¥2.6B
¥1.9B
¥2.1B
¥1.6B
NCAV/Share
¥578
¥583
¥416
¥446
¥339
BV/Share
¥1,369
¥1,194
¥1,127
¥1,104
¥1,035
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥462M
¥1.1B
¥1.2B
¥145M
¥573M
Interest Paid
¥-56M
¥-43M
¥-46M
¥-47M
¥-41M
Interest Received
¥64M
¥36M
¥8M
¥10M
¥13M
D&A
¥448M
¥462M
¥511M
¥477M
¥491M
Goodwill Amort.
¥4M
—
—
—
—
Investing CF
¥29M
¥-283M
¥-2.0B
¥-373M
¥145M
CapEx
¥580M
¥239M
¥955M
¥436M
¥548M
Purchase Investments
¥-8M
¥-11M
¥-11M
¥-10M
¥-11M
Proceeds from Invest.
—
¥9M
¥0M
¥96M
—
Financing CF
¥-36M
¥-496M
¥196M
¥-147M
¥-262M
Dividends Paid
¥-45M
¥-46M
¥-44M
¥-37M
¥-23M
Share Buybacks
¥-139M
¥-135M
—
—
—
LT Debt Repaid
¥-353M
¥-346M
¥-270M
¥-238M
¥-3.3B
Free Cash Flow
¥-118M
¥816M
¥231M
¥-291M
¥25M
Net Change in Cash
¥387M
¥349M
¥-581M
¥-187M
¥491M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
11.6%
5.1%
2.7%
6.7%
20.7%
ROA
6.1%
2.6%
1.3%
3.2%
9.0%
EPS
¥172.65
¥68.41
¥33.38
¥77.07
¥209.31
DPS
¥22.00
¥10.00
¥10.00
¥10.00
¥8.00
BPS
¥1,561.75
¥1,437.50
¥1,288.39
¥1,217.94
¥1,089.14
FCF/Share
¥-27
¥183
¥50
¥-63
¥5
NCAV/Share
¥578
¥583
¥416
¥446
¥339
Payout Ratio
12.7%
14.6%
30.0%
13.0%
3.8%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 2
Date Activist Stake Event Flag Demands Source
2026-03-31
YOSHIYUKI ARAMAKI
20.47%
correction
Passive
—
2026-03-30
YOSHIYUKI ARAMAKI
20.47%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 8
#
Shareholder
Shares (thou.)
% of Total
1
荒巻 芳幸
739,480
17.10%
2
有限会社山旺商事
528,000
12.21%
3
山王貴金属株式会社
209,700
4.85%
4
荒巻 拓也
156,570
3.62%
5
荒巻 喜代子
124,140
2.87%
6
上田八木短資株式会社
115,500
2.67%
7
Sumitomo Life Insurance
住友生命保険相互会社
100,000
2.31%
8
荒巻 典之
73,000
1.69%
9
Resona Bank
株式会社りそな銀行
72,000
1.66%
10
株式会社商工組合中央金庫
72,000
1.66%
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
50.6%
+1.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
荒巻 芳幸
16.02%
16.56%
17.10%
+0.54%
限会社山旺商事
11.44%
11.82%
12.21%
+0.39%
山王貴金属
4.54%
4.70%
4.85%
+0.15%
荒巻 拓也
3.31%
3.43%
3.62%
+0.19%
荒巻 喜代子
2.69%
2.78%
2.87%
+0.09%
上田八木短資
NEW ENTRY
—
—
—
2.67%
NEW
Sumitomo Life Insurance
住友生命保険
2.17%
2.24%
2.31%
+0.07%
荒巻 典之
1.58%
1.63%
1.69%
+0.06%
Resona Bank
りそな銀行
4.16%
3.22%
1.66%
-1.56%
式会社商工組合中央金庫
NEW ENTRY
—
—
—
1.66%
NEW
Employee Stock Ownership Plan
式会社山王従業員持株会
last seen 2024
Exited Top 10
1.66%
1.43%
—
鈴木 明和
last seen 2024
Exited Top 10
—
1.38%
—
JPモルガン証券
last seen 2023
Exited Top 10
1.45%
—
—
Concentration (HHI)
ⓘ
456
478
507
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥254M
+12% since 2023
Holdings
8
Trend
2 building
vs 2023
Held Company
FY2025
¥254M total
FY2023
¥227M total
Book Val ¥M
Shares
Book Val ¥M
Shares
HIROSE ELECTRIC CO.,LTD.
ヒロセ電機㈱
123
+10.5%
↑
6,425
105
5,815
SMK Corporation
SMK㈱
55
+15.4%
↑
24,996
58
21,659
SUZUKI CO.,LTD.
㈱鈴木
37
20,000
18
20,000
IRISO ELECTRONICS CO., LTD.
イリソ電子工業㈱
26
9,000
36
9,000
Resona Holdings, Inc.
㈱りそなホールディングス
8
5,486
4
5,486
M
KEL CORPORATION
ケル㈱
5
3,300
6
3,300
YAMAICHI ELECTRONICS CO.,LTD.
山一電機㈱
0
100
0
100
HONDA TSUSHIN KOGYO CO.,LTD.
本多通信工業㈱
—
—
Portfolio total
254
227
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding