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Sacos

JASDAQ:9641
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9641
JASDAQ
¥15B
Market Cap
  1. Home
  2. JP
  3. Capital Goods
Company description

Sacos Corporation engages in the rental, leasing, import, export, and sale of machinery and equipment. The last earnings update was 14 days ago. More info.


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9641 Share Price and Events
7 Day Returns
0%
JASDAQ:9641
-1.7%
JP Trade Distributors
-2.7%
JP Market
1 Year Returns
18.8%
JASDAQ:9641
1.2%
JP Trade Distributors
4.3%
JP Market
9641 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sacos (9641) 0% -8.4% 9.4% 18.8% -2.4% -28.4%
JP Trade Distributors -1.7% -3.1% 0% 1.2% 16.9% 32%
JP Market -2.7% -4% -0.9% 4.3% 8.9% 14.7%
1 Year Return vs Industry and Market
  • 9641 outperformed the Trade Distributors industry which returned 1.2% over the past year.
  • 9641 outperformed the Market in Japan which returned 4.3% over the past year.
Price Volatility
9641
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Sacos undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sacos to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sacos.

JASDAQ:9641 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in JPY ¥ 7.000000
Payout Ratio Company Filings (2019-12-31) 3116%
Discount Rate (Cost of Equity) See below 7.2%
Perpetual Growth Rate 10-Year JP Government Bond Rate -0.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for JASDAQ:9641
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JP Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 6.3%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.957 (1 + (1- 30.86%) (41.16%))
1.153
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (1.153 * 6.33%)
7.21%

Discounted Cash Flow Calculation for JASDAQ:9641 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Sacos is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

JASDAQ:9641 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥7 / (7.21% - -0.09%)
¥95.89
JASDAQ:9641 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥95.89
Current discount Discount to share price of ¥361.00
= -1 x (¥361.00 - ¥95.89) / ¥95.89
-276.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Sacos is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sacos's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sacos's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
JASDAQ:9641 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JPY ¥24.83
JASDAQ:9641 Share Price ** JASDAQ (2020-02-20) in JPY ¥361
Japan Trade Distributors Industry PE Ratio Median Figure of 109 Publicly-Listed Trade Distributors Companies 9.53x
Japan Market PE Ratio Median Figure of 3,059 Publicly-Listed Companies 15.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sacos.

JASDAQ:9641 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= JASDAQ:9641 Share Price ÷ EPS (both in JPY)

= 361 ÷ 24.83

14.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sacos is overvalued based on earnings compared to the JP Trade Distributors industry average.
  • Sacos is good value based on earnings compared to the Japan market.
Price based on expected Growth
Does Sacos's expected growth come at a high price?
Raw Data
JASDAQ:9641 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Japan Trade Distributors Industry PEG Ratio Median Figure of 22 Publicly-Listed Trade Distributors Companies 1.66x
Japan Market PEG Ratio Median Figure of 1,270 Publicly-Listed Companies 1.71x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sacos, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sacos's assets?
Raw Data
JASDAQ:9641 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JPY ¥239.49
JASDAQ:9641 Share Price * JASDAQ (2020-02-20) in JPY ¥361
Japan Trade Distributors Industry PB Ratio Median Figure of 110 Publicly-Listed Trade Distributors Companies 0.71x
Japan Market PB Ratio Median Figure of 3,556 Publicly-Listed Companies 1.08x
JASDAQ:9641 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JASDAQ:9641 Share Price ÷ Book Value per Share (both in JPY)

= 361 ÷ 239.49

1.51x

* Primary Listing of Sacos.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sacos is overvalued based on assets compared to the JP Trade Distributors industry average.
X
Value checks
We assess Sacos's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Sacos has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Sacos expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sacos has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.7%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sacos expected to grow at an attractive rate?
  • Unable to compare Sacos's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sacos's earnings growth to the Japan market average as no estimate data is available.
  • Unable to compare Sacos's revenue growth to the Japan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
JASDAQ:9641 Future Growth Rates Data Sources
Data Point Source Value (per year)
Japan Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 3.7%
Japan Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Japan Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Japan Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
JASDAQ:9641 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
JASDAQ:9641 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
JASDAQ:9641 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-12-31 18,999 1,044
2019-09-30 18,819 923 908
2019-06-30 18,871 922
2019-03-31 18,726 1,282 969
2018-12-31 18,218 969
2018-09-30 17,683 1,145 989
2018-06-30 16,785 970
2018-03-31 15,999 654 927
2017-12-31 15,779 918
2017-09-30 15,557 774 979
2017-06-30 15,431 1,009
2017-03-31 15,252 1,527 1,041

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sacos is high growth as no earnings estimate data is available.
  • Unable to determine if Sacos is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
JASDAQ:9641 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sacos Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JASDAQ:9641 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
JASDAQ:9641 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-12-31 24.83
2019-09-30 21.50
2019-06-30 21.70
2019-03-31 22.69
2018-12-31 22.60
2018-09-30 23.03
2018-06-30 22.59
2018-03-31 21.59
2017-12-31 21.38
2017-09-30 22.72
2017-06-30 23.30
2017-03-31 23.92

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sacos will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Check out Sacos's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  2. Sacos's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sacos's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Japan market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Japan market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sacos has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sacos performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sacos's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sacos's year on year earnings growth rate has been positive over the past 5 years.
  • Sacos's 1-year earnings growth exceeds its 5-year average (7.7% vs 2%)
  • Sacos's earnings growth has exceeded the JP Trade Distributors industry average in the past year (7.7% vs -3%).
Earnings and Revenue History
Sacos's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sacos Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JASDAQ:9641 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 18,999.00 1,044.00 5,158.00
2019-09-30 18,819.00 908.00 5,163.00
2019-06-30 18,871.00 922.00 5,143.00
2019-03-31 18,726.00 969.00 5,122.00
2018-12-31 18,218.00 969.00 5,014.00
2018-09-30 17,683.00 989.00 4,958.00
2018-06-30 16,785.00 970.00 4,827.00
2018-03-31 15,999.00 927.00 4,738.00
2017-12-31 15,779.00 918.00 4,723.00
2017-09-30 15,557.00 979.00 4,703.00
2017-06-30 15,431.00 1,009.00 4,690.00
2017-03-31 15,252.00 1,041.00 4,677.00
2016-12-31 15,052.00 1,124.00 4,673.00
2016-09-30 14,719.00 1,052.00 4,628.00
2016-06-30 14,687.00 1,023.00 4,654.00
2016-03-31 14,843.00 976.00 4,650.00
2015-12-31 15,067.00 940.00 4,671.00
2015-09-30 15,352.00 951.00 4,693.00
2015-06-30 15,343.00 841.00 4,670.00
2015-03-31 15,326.00 817.00 4,697.00
2014-12-31 15,160.00 749.00 4,658.00
2014-09-30 14,808.00 681.00 4,593.00
2014-06-30 14,462.00 651.00 4,514.00
2014-03-31 14,293.00 612.00 4,424.00
2013-12-31 14,029.00 504.00 4,421.00
2013-09-30 13,821.00 436.00 4,432.00
2013-06-30 13,792.00 397.00 4,382.00
2013-03-31 13,535.00 345.00 4,345.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sacos has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sacos used its assets more efficiently than the JP Trade Distributors industry average last year based on Return on Assets.
  • Sacos's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sacos's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sacos has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sacos's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sacos's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sacos is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sacos's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sacos's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sacos Company Filings, last reported 1 month ago.

JASDAQ:9641 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 10,153.00 4,287.00 2,366.00
2019-09-30 10,054.00 4,207.00 2,382.00
2019-06-30 9,897.00 5,107.00 3,177.00
2019-03-31 9,776.00 4,857.00 2,839.00
2018-12-31 9,486.00 2,614.00 2,257.00
2018-09-30 9,717.00 2,794.00 2,665.00
2018-06-30 9,688.00 3,161.00 2,844.00
2018-03-31 9,496.00 2,995.00 2,858.00
2017-12-31 9,180.00 2,466.00 2,062.00
2017-09-30 9,160.00 2,600.00 2,512.00
2017-06-30 8,793.00 2,872.00 2,358.00
2017-03-31 8,647.00 2,671.00 2,351.00
2016-12-31 8,347.00 2,254.00 1,568.00
2016-09-30 8,594.00 2,364.00 2,165.00
2016-06-30 8,379.00 2,643.00 2,001.00
2016-03-31 8,203.00 2,867.00 2,054.00
2015-12-31 7,822.00 2,431.00 1,122.00
2015-09-30 7,803.00 1,773.00 2,004.00
2015-06-30 7,622.00 2,033.00 1,831.00
2015-03-31 7,495.00 2,075.00 1,535.00
2014-12-31 7,144.00 1,858.00 1,120.00
2014-09-30 7,060.00 1,900.00 1,618.00
2014-06-30 6,993.00 2,180.00 1,659.00
2014-03-31 6,882.00 2,130.00 1,466.00
2013-12-31 6,601.00 1,970.00 959.00
2013-09-30 6,538.00 1,804.00 1,121.00
2013-06-30 6,500.00 2,061.00 1,229.00
2013-03-31 6,432.00 1,993.00 971.00
  • Sacos's level of debt (38.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (23.4% vs 38.9% today).
  • Debt is well covered by operating cash flow (23.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 13.5x coverage).
X
Financial health checks
We assess Sacos's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sacos has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Sacos's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.94%
Current annual income from Sacos dividends.
If you bought ¥2,000 of Sacos shares you are expected to receive ¥39 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sacos's pays a higher dividend yield than the bottom 25% of dividend payers in Japan (1.39%).
  • Sacos's dividend is below the markets top 25% of dividend payers in Japan (3.1%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
JASDAQ:9641 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Japan Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 106 Stocks 3.8%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2974 Stocks 2.4%
Japan Minimum Threshold Dividend Yield 10th Percentile 0.8%
Japan Bottom 25% Dividend Yield 25th Percentile 1.4%
Japan Top 25% Dividend Yield 75th Percentile 3.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

JASDAQ:9641 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
JASDAQ:9641 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-12-23 7.000 1.855
2019-11-08 7.000 2.033
2018-12-25 7.000 2.332
2018-11-08 7.000 2.285
2017-12-25 7.000 2.016
2017-11-09 7.000 1.900
2016-12-26 7.000 1.931
2016-11-10 7.000 1.989
2015-12-22 7.000 2.029
2015-11-12 7.000 1.652
2014-12-24 6.000 1.208
2014-11-14 6.000 1.046
2013-12-24 4.000 0.925
2013-11-14 4.000 1.156
2013-05-15 3.000 0.914
2012-12-25 5.000 1.950
2012-11-15 5.000 2.301
2012-08-10 2.000 0.949
2012-05-15 2.000 0.929
2012-02-10 1.000 0.412
2011-12-26 1.000 0.525
2011-11-15 1.000 0.561
2011-08-10 1.000 0.484
2011-02-10 1.000 0.411
2010-12-24 1.000 0.544
2010-11-15 1.000 0.563
2010-05-10 2.000 1.093
2010-02-10 2.000 1.070
2009-12-28 2.000 1.053
2009-11-13 2.000 1.059

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Sacos's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sacos's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sacos afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sacos has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sacos's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Shinichi Seo
AGE 60
TENURE AS CEO 10.2 years
CEO Bio

Shinichi Seo has been the President of Sacos Corp. since December 2009. Shinichi Seo served as Managing Director of Sacos Corporation since December 2005. Shinichi Seo served as the Manager of Kanagawa Sales Department, Special Procurements and Sales Department, Railway Sales Department, CSA Center, Mini Construction and Machineries Center and Technological Development Office at Sacos Corp. Shinichi Seo joined Sacos Corporation in April 1982. Shinichi Seo served as Manager of Tokyo Sales Department at Sacos Corporation. Shinichi Seo has been President of Shinkodensha Co., Ltd since June 2009. Shinichi Seo has been Director of Sacos Corporation since June 2002. Shinichi Seo has been a Representative Director of Shinkodensha Co., Ltd. since June 2009.

CEO Compensation
  • Insufficient data for Shinichi to compare compensation growth.
  • Insufficient data for Shinichi to establish whether their remuneration is reasonable compared to companies of similar size in Japan.
Management Team

Shinichi Seo

TITLE
President and Representative Director
AGE
60
TENURE
10.2 yrs

Tadashi Ishikawa

TITLE
MD, Manager of Accounting Dept
AGE
57
TENURE
13.2 yrs

Masaharu Natsume

TITLE
Director
AGE
55
Board of Directors Tenure

Average tenure and age of the Sacos board of directors in years:

11.2
Average Tenure
59.5
Average Age
  • The average tenure for the Sacos board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Masashi Nishio

TITLE
Chairman
AGE
59
TENURE
17.7 yrs

Shinichi Seo

TITLE
President and Representative Director
AGE
60
TENURE
17.7 yrs

Tadashi Ishikawa

TITLE
MD, Manager of Accounting Dept
AGE
57
TENURE
13.2 yrs

Yoshihiro Tonomura

TITLE
Director
AGE
64
TENURE
19.7 yrs

Kenichi Iwai

TITLE
Director
AGE
60
TENURE
9.2 yrs

Masaharu Natsume

TITLE
Director
AGE
55
TENURE
5.2 yrs

Hitoshi Nakamura

TITLE
External Director
AGE
64
TENURE
4.2 yrs

Takeshi Ikaki

TITLE
External Director
AGE
73

Shigeru Furuta

TITLE
External Auditor
AGE
49
TENURE
11.2 yrs

Tomoko Aramaki

TITLE
External Auditor
AGE
51
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (¥) Value (¥)
X
Management checks
We assess Sacos's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sacos has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Sacos Corporation engages in the rental, leasing, import, export, and sale of machinery and equipment. It rents construction machinery, commercial cars, and office equipment. The company was formerly known as Sanko Machinery Leasing Co., Ltd. and changed its name to Sacos Corporation in September 1986. Sacos Corporation was founded in 1967 and is headquartered in Tokyo, Japan. Sacos Corporation is a subsidiary of Nishio Rent All Co., Ltd.

Details
Name: Sacos Corporation
9641
Exchange: JASDAQ
Founded: 1967
¥15,103,636,408
41,838,328
Website: http://www.sacos.co.jp
Address: Sacos Corporation
Higashi Gotanda 4-5-3,
Shinagawa-ku,
Tokyo,
141-0022,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JASDAQ 9641 Common Shares TSE JASDAQ JP JPY 22. Feb 1994
Number of employees
Current staff
Staff numbers
452
Sacos employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/20 15:33
End of day share price update: 2020/02/20 00:00
Last estimates confirmation: 2019/11/08
Last earnings filing: 2020/02/06
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.