9989
SUNDRUG CO.,LTD.
株式会社サンドラッグ
Retail Trade
Sundrug Co.,Ltd. engages in the drug store business in Japan. It operates through Drug Store Business and Discount Store Business segments. The Drug Store Business segment primarily sells pharmaceutical products, cosmetics, and daily necessities. The Discount Store Business segment offers food and household goods. The company was incorporated in 1957 and is headquartered in Fuchu, 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
¥801.8B
¥751.8B
¥690.5B
¥648.7B
Cost of Sales
¥597.7B
¥562.5B
¥518.5B
¥492.2B
Gross Profit
¥204.1B
¥189.3B
¥171.9B
¥156.5B
SG&A
¥159.6B
¥148.3B
¥134.5B
¥122.5B
Operating Income
¥44.5B
¥41.0B
¥37.5B
¥34.1B
Non-Operating Income
¥1.1B
¥791M
¥725M
¥693M
Dividend Income
¥9M
¥7M
¥6M
¥6M
Interest Income
¥151M
¥120M
¥119M
¥122M
Non-Operating Expenses
¥1.7B
¥59M
¥43M
¥10M
Interest Expense
¥164M
¥32M
¥36M
¥9M
Ordinary Income
¥43.8B
¥41.7B
¥38.1B
¥34.7B
Pre-tax Income
¥43.6B
¥41.3B
¥37.7B
¥34.7B
Income Taxes
¥12.8B
¥12.1B
¥12.0B
¥10.8B
Current Tax
¥13.7B
¥13.1B
¥13.0B
¥10.7B
Deferred Tax
¥-909M
¥-995M
¥-980M
¥83M
Net Income (owners)
¥30.8B
¥29.1B
¥25.7B
¥23.9B
Comprehensive Income
¥30.8B
¥29.2B
¥25.9B
¥24.1B
EBITDA
¥61.9B
¥56.2B
¥49.6B
¥44.3B
Goodwill Amort. (J-GAAP)
¥115M
¥115M
¥60M
¥13M
EPS
¥262.91
¥249.07
¥219.83
¥204.02
Shares Outstanding
117.0M
117.0M
116.9M
116.9M
Shares Issued (total)
119.3M
119.3M
119.3M
119.3M
Treasury Shares
2.4M
2.4M
2.4M
2.4M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥444.0B
¥420.2B
¥360.7B
¥325.8B
Current Assets
¥216.8B
¥208.2B
¥205.9B
¥199.5B
Cash & Deposits
¥65.0B
¥69.7B
¥80.9B
¥89.3B
Trade Receivables
¥30.0B
¥26.7B
¥22.2B
¥19.1B
Inventories
¥98.4B
¥91.0B
¥82.7B
¥72.4B
Non-Current Assets
¥227.2B
¥212.0B
¥154.8B
¥126.2B
PP&E
¥136.7B
¥120.5B
¥100.2B
¥77.9B
Goodwill
¥1.4B
¥1.6B
¥1.7B
¥2M
Intangible Assets
¥8.7B
¥9.1B
¥9.1B
¥6.0B
Investment Securities
¥34.0B
¥35.8B
¥334M
¥296M
Deferred Tax Assets
¥9.0B
¥8.2B
¥7.2B
¥6.4B
Total Liabilities
¥174.3B
¥167.1B
¥124.3B
¥105.2B
Current Liabilities
¥128.5B
¥155.5B
¥113.2B
¥96.0B
ST Debt
¥4.8B
¥35.0B
—
—
Taxes Payable
¥8.2B
¥7.5B
¥8.2B
¥5.2B
Non-Current Liabilities
¥45.8B
¥11.7B
¥11.1B
¥9.1B
Total LT Borrowings
¥33.9B
—
—
—
Pension Obligations
¥2.1B
¥2.2B
¥2.0B
¥1.7B
Total Equity
¥269.7B
¥253.1B
¥236.3B
¥220.6B
Capital Stock
¥3.9B
¥3.9B
¥3.9B
¥3.9B
Capital Surplus
¥7.5B
¥7.5B
¥7.4B
¥7.4B
Retained Earnings
¥263.8B
¥247.3B
¥230.7B
¥215.1B
Treasury Stock
¥-3.9B
¥-3.9B
¥-3.9B
¥-3.9B
AOCI
¥-1.6B
¥-1.7B
¥-1.8B
¥-2.0B
Equity (owners)
¥271.4B
¥254.8B
¥238.1B
¥222.6B
Total Interest-Bearing Debt ⓘ
¥38.7B
¥35.0B
—
—
Net Cash ⓘ
¥26.3B
¥34.7B
¥80.9B
¥89.3B
NCAV ⓘ
¥42.5B
¥41.1B
¥81.6B
¥94.4B
NCAV/Share
¥363
¥352
¥698
¥807
BV/Share
¥2,320
¥2,179
¥2,036
¥1,904
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥41.2B
¥41.2B
¥37.4B
¥31.7B
Interest Paid
¥-163M
¥-4M
¥-6M
¥0M
Interest Received
¥49M
¥12M
¥10M
¥10M
D&A
¥17.3B
¥15.1B
¥12.1B
¥10.2B
Goodwill Amort.
¥115M
¥115M
¥60M
¥13M
Investing CF
¥-35.4B
¥-74.8B
¥-28.5B
¥-20.7B
CapEx
¥33.5B
¥36.4B
¥24.8B
¥18.8B
Purchase Investments
—
¥-35.4B
—
—
Financing CF
¥-10.6B
¥22.5B
¥-17.3B
¥-8.2B
Dividends Paid
¥-14.3B
¥-12.5B
¥-10.1B
¥-8.2B
Share Buybacks
¥0M
¥0M
¥0M
¥0M
LT Debt Repaid
¥-2.3B
—
¥-7.2B
—
Free Cash Flow
¥7.7B
¥4.8B
¥12.6B
¥12.9B
Net Change in Cash
¥-4.8B
¥-11.2B
¥-8.5B
¥2.8B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
11.8%
11.9%
11.3%
11.2%
ROA
7.1%
7.5%
7.5%
7.3%
EPS
¥262.91
¥249.07
¥219.83
¥204.02
DPS
¥130.00
¥114.00
¥100.00
¥71.00
BPS
¥2,305.89
¥2,164.06
¥2,020.97
¥1,886.40
FCF/Share
¥66
¥41
¥108
¥110
NCAV/Share
¥363
¥352
¥698
¥807
Payout Ratio
49.4%
45.8%
45.5%
34.8%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 6
Date Activist Stake Event Flag Demands Source
2026-05-12
Orbis Investment Management Limited
6.03%
-1.09%
change
Passive
—
2026-04-07
Orbis Investment Management Limited
7.12%
-1.13%
change
Passive
—
2025-04-07
Orbis Investment Management Limited
8.25%
+1.07%
change
Passive
—
2024-10-22
Orbis Investment Management Limited
7.18%
+1.03%
change
Passive
—
2023-11-22
Orbis Investment Management Limited
6.15%
+1.02%
change
Passive
—
2023-09-01
Orbis Investment Management Limited
5.13%
initial_5pct
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 1
#
Shareholder
Shares (thou.)
% of Total
1
株式会社イリュウ商事
43,776
37.43%
2
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
14,705
12.57%
3
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
9,203
7.87%
4
CEP LUX-ORBIS SICAV
CEP LUX-ORBIS SICAV(常任代理人シティバンク、エヌ・エイ東京支店 ダイレクト・カストディ・クリアリング業務部)
5,019
4.29%
5
多田 直樹
3,113
2.66%
6
多田 高志
2,205
1.89%
7
全国共済農業協同組合連合会(常任代理人日本マスタートラスト信託銀行株式会社)
2,069
1.77%
8
JPMorgan Chase Bank, N.A.
ジェーピー モルガン チェース バンク 385047(常任代理人㈱みずほ銀行決済営業部)
1,679
1.44%
9
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口4)
1,279
1.09%
10
State Street Bank and Trust Company
ステート ストリート バンク アンド トラスト カンパニー 505001(常任代理人㈱みずほ銀行決済営業部)
1,051
0.90%
Domestic Nominees
21.5%
+5.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
2.3%
-1.4% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
48.0%
+1.0% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
式会社イリュウ商事
37.44%
37.43%
37.43%
Japan Master Trust Bank
日本マスタートラスト信託銀行
12.01%
11.26%
12.57%
+1.31%
Japan Custody Bank
日本カストディ銀行
4.74%
5.27%
8.96%
+3.69%
CEP LUX-ORBIS SICAV
1.44%
3.32%
4.29%
+0.97%
多田 直樹
2.66%
2.66%
2.66%
多田 高志
1.88%
1.88%
1.89%
+0.01%
全国共済農業協同組合連合会
1.29%
1.77%
1.77%
JP Morgan
3.49%
2.52%
1.44%
-1.08%
State Street
1.30%
1.22%
0.90%
-0.32%
Concentration (HHI)
ⓘ
1597
1588
1674
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥37M
-72% since 2023
Holdings
1
4 exited
Trend
1 building
vs 2023
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding