8119
SANYEI CORPORATION
株式会社三栄コーポレーション
Wholesale Trade
Sanyei Corporation engages in the wholesale and retail of furniture and houseware, fashion accessories, and home appliances in Japan and internationally. It operates through Furniture and Household Goods Business, Fashion Goods Business and Home Appliance Business segments. The company offers furniture and interior products, as well as housewares under the foxx chair and Formio brands; operates online furniture store under the MINT brand; operates garden exterior goods store under the Tsukuri brand; footwear under the BIRKENSTOCK, Orthofeet and BENEXY brands; and bags under the Kipling and uF brands. It also provides environment friendly products, including watches under the Our Earth Project and YOT WATCH brands; hair products under the mod's hair brand; and home appliances and cooking equipment under the Vitantonio and MULTI CHEF brands, as well as operates pet salons, hotels, veterinary hospitals, and pet-related products retail stores under the Pepica brand. In addition, the company offers services, such as shipping, fulfillment and product procurement under the Thirdlogi brand and retails emergency supplies through online platform under the BOUSAI DIRECT brand. The company was formerly known as SANYEI Boeki and changed its name to Sanyei Corporation in 1971. Sanyei Corporation was founded in 1946 and is headquartered in Tokyo, Japan.
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⚠ TSE Capital Mandate
P / Book
0.54×
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
¥39.9B
¥36.7B
¥38.7B
¥34.0B
Cost of Sales
¥29.6B
¥26.9B
¥29.2B
¥25.7B
Gross Profit
¥10.3B
¥9.7B
¥9.4B
¥8.2B
SG&A
¥8.2B
¥8.6B
¥9.2B
¥9.2B
Operating Income
¥2.1B
¥1.2B
¥238M
¥-912M
Non-Operating Income
¥147M
¥119M
¥133M
¥297M
Dividend Income
¥55M
¥50M
¥47M
¥55M
Interest Income
¥51M
¥41M
¥23M
¥16M
Non-Operating Expenses
¥95M
¥35M
¥112M
¥43M
Interest Expense
¥24M
¥30M
¥37M
¥40M
Ordinary Income
¥2.1B
¥1.2B
¥259M
¥-658M
Pre-tax Income
¥1.7B
¥935M
¥121M
¥-723M
Income Taxes
¥672M
¥394M
¥275M
¥218M
Current Tax
¥792M
¥437M
¥298M
¥215M
Deferred Tax
¥-120M
¥-43M
¥-23M
¥3M
Net Income (owners)
¥974M
¥538M
¥-158M
¥-945M
Minority Interest
¥4M
¥3M
¥3M
¥4M
Comprehensive Income
¥2.2B
¥1.6B
¥121M
¥-1.2B
EBITDA
¥2.3B
¥1.5B
¥706M
¥-406M
EPS
¥103.09
¥225.84
¥-66.21
¥-398.03
Shares Outstanding
9.5M
2.3M
2.4M
2.4M
Shares Issued (total)
10.2M
2.6M
2.6M
2.6M
Treasury Shares
0.7M
0.2M
0.2M
0.2M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥23.7B
¥21.2B
¥19.7B
¥20.8B
Current Assets
¥17.2B
¥15.8B
¥15.0B
¥15.7B
Cash & Deposits
¥7.7B
¥4.4B
¥4.5B
¥4.6B
Trade Receivables
¥4.2B
¥6.3B
¥4.3B
¥3.9B
Non-Current Assets
¥6.5B
¥5.4B
¥4.7B
¥5.1B
PP&E
¥1.6B
¥1.7B
¥1.8B
¥2.0B
Intangible Assets
¥222M
¥254M
¥362M
¥547M
Investment Securities
¥4.4B
¥3.0B
¥1.9B
¥1.7B
Deferred Tax Assets
¥18M
¥24M
¥64M
¥54M
Total Liabilities
¥10.3B
¥9.7B
¥9.5B
¥10.7B
Current Liabilities
¥8.1B
¥8.5B
¥5.5B
¥6.7B
Accounts Payable
¥2.2B
¥2.0B
¥1.8B
¥1.8B
ST Debt
¥3.6B
¥2.5B
¥1.7B
¥2.9B
Taxes Payable
¥505M
¥212M
¥137M
¥56M
Non-Current Liabilities
¥2.2B
¥1.2B
¥3.9B
¥4.0B
Total LT Borrowings
¥500M
¥50M
¥3.1B
¥3.1B
Pension Obligations
¥509M
¥387M
¥261M
¥251M
Deferred Tax Liab.
¥803M
¥481M
¥183M
¥210M
Total Equity
¥13.4B
¥11.5B
¥10.2B
¥10.1B
Capital Stock
¥1.0B
¥1.0B
¥1.0B
¥1.0B
Capital Surplus
¥683M
¥688M
¥692M
¥697M
Retained Earnings
¥8.7B
¥8.0B
¥7.5B
¥7.7B
Treasury Stock
¥-389M
¥-465M
¥-322M
¥-348M
AOCI
¥3.4B
¥2.2B
¥1.2B
¥894M
Equity (owners)
¥10.0B
¥9.2B
¥8.9B
¥9.1B
Minority Interests
¥50M
¥46M
¥43M
¥39M
Total Interest-Bearing Debt ⓘ
¥4.1B
¥2.6B
¥4.9B
¥6.1B
Net Cash ⓘ
¥3.6B
¥1.9B
¥-411M
¥-1.5B
NCAV ⓘ
¥6.9B
¥6.1B
¥5.5B
¥5.0B
NCAV/Share
¥731
¥2,608
¥2,320
¥2,115
BV/Share
¥1,052
¥3,940
¥3,728
¥3,826
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥3.8B
¥530M
¥973M
¥-755M
Interest Paid
¥-24M
¥-30M
¥-37M
¥-40M
Interest Received
¥105M
¥91M
¥70M
¥71M
D&A
¥243M
¥350M
¥468M
¥506M
Investing CF
¥-82M
¥-119M
¥-116M
¥-83M
CapEx
¥153M
¥324M
¥154M
¥134M
Purchase Investments
¥-20M
¥-20M
¥-19M
¥-19M
Proceeds from Invest.
—
—
¥43M
¥100M
Financing CF
¥-689M
¥-676M
¥-1.2B
¥-1.1B
Dividends Paid
¥-258M
¥-48M
¥-48M
¥-47M
Share Buybacks
¥-1M
¥-189M
¥-0M
¥-0M
LT Debt Repaid
¥-1.1B
—
¥-50M
¥-200M
Free Cash Flow
¥3.6B
¥206M
¥820M
¥-889M
Net Change in Cash
¥3.3B
¥-106M
¥-155M
¥-1.6B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
7.9%
5.0%
-1.6%
-8.9%
ROA
4.3%
2.6%
-0.8%
-4.5%
EPS
¥103.09
¥225.84
¥-66.21
¥-398.03
DPS
¥61.00
¥80.00
¥20.00
¥20.00
BPS
¥1,411.75
¥4,884.77
¥4,217.42
¥4,202.56
FCF/Share
¥382
¥88
¥343
¥-374
NCAV/Share
¥731
¥2,608
¥2,320
¥2,115
Payout Ratio
59.2%
35.4%
—
—
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 1
Date Activist Stake Event Flag Demands Source
2024-07-16
HIROTA TAKURO
6.09%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-14
15:00
Div Cut
¥147M ¥15.5/sh
-26%
SANYEI Corporation announced a final dividend of ¥15.50 per share for fiscal year ended March 31, 2026, down 26.2% from …
Summary
SANYEI Corporation announced a final dividend of ¥15.50 per share for fiscal year ended March 31, 2026, down 26.2% from ¥21.00 in the prior year. Combined with an interim dividend of ¥15.50, the annual dividend per share is ¥31.00 (vs. ¥31.00 prior year), with total dividend distribution of ¥147 million. The company maintains a dividend payout ratio policy of 30-50% of net income attributable to parent company shareholders.
Deadline: 2026-06-12
YoY: -26%
Source (JP)
期末配当につきましては1株当たり15円50銭とすることに決定いたしました。これにより、中間配当金の15円50銭と合わせて1株当たりの年間配当金は31円となりました。
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 7
#
Shareholder
Shares (thou.)
% of Total
1
Business Partner Stock Ownership Plan
三栄コーポレーション取引先持株会
621
6.55%
2
MUFG Bank
㈱三菱UFJ銀行
456
4.82%
3
東銀リース㈱
446
4.71%
4
SMBC日興証券㈱
300
3.17%
5
Sumitomo Mitsui Banking Corporation
㈱三井住友銀行
252
2.66%
6
秋元 利規
240
2.53%
7
三栄コーポレーション・グループ従業員持株会
235
2.48%
8
水谷 裕之
221
2.34%
9
小林 敬幸
203
2.14%
10
綜通㈱
198
2.09%
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
33.5%
+0.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Business Partner Stock Ownership Plan
三栄コーポレーション取引先持株会
5.94%
6.50%
6.55%
+0.05%
MUFG Bank
㈱三菱UFJ銀行
4.78%
4.89%
4.82%
-0.07%
東銀リース
4.66%
4.78%
4.71%
-0.07%
SMBC日興証券
3.26%
3.22%
3.17%
-0.05%
Sumitomo Mitsui Banking Corporation
三井住友銀行
2.64%
2.70%
2.66%
-0.04%
秋元 利規
—
2.36%
2.53%
+0.17%
三栄コーポレーション・グループ従業員持株会
NEW ENTRY
—
—
—
2.48%
NEW
水谷 裕之
2.40%
2.39%
2.34%
-0.05%
小林 敬幸
NEW ENTRY
—
—
—
2.14%
NEW
綜通
2.07%
2.13%
2.09%
-0.04%
Employee Stock Ownership Plan
三栄グループ従業員持株会
last seen 2024
Exited Top 10
2.53%
2.55%
—
村瀬 司
last seen 2024
Exited Top 10
1.75%
1.84%
—
三井住友信託銀行
last seen 2023
Exited Top 10
1.76%
—
—
Concentration (HHI)
ⓘ
120
132
132
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥4,139M
+153% since 2023
Holdings
7
+2 new
2 exited
Trend
3 building
vs 2023
Held Company
FY2025
¥4,139M total
FY2023
¥1,634M total
Book Val ¥M
Shares
Book Val ¥M
Shares
RYOHIN KEIKAKU CO.,LTD.
㈱良品計画
3,269
+2.2%
↑
805,173
1,184
787,493
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
446
NEW
New
222,100
—
M
MITSUBISHI PENCIL CO.,LTD.
三菱鉛筆㈱
202
NEW
New
79,860
—
M
MS ADインシュアランスグループホールディングス㈱
79
+200.0%
↑
24,639
33
8,213
M
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
62
+200.0%
↑
16,572
29
5,524
M
NAGAHORI CORPORATION
㈱ナガホリ
50
36,300
39
36,300
M
Denkyo Group Holdings Co.,Ltd.
㈱デンキョーグループホールディングス
31
27,000
32
27,000
M
㈱三菱UFJフィナンシャルグループ
—
−100%
Exit
—
188
222,100
M
MITSUBISHI PENCIL CO.,LTD.
㈱三菱鉛筆
—
−100%
Exit
—
129
79,860
M
Portfolio total
4,139
1,634
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding