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Sagami Rubber Industries

TSE:5194
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5194
TSE
¥17B
Market Cap
  1. Home
  2. JP
  3. Household
Company description

Sagami Rubber Industries Co., Ltd. primarily manufactures and supplies condoms. The last earnings update was 52 days ago. More info.


Add to Portfolio Compare Print
  • Sagami Rubber Industries has significant price volatility in the past 3 months.
5194 Share Price and Events
7 Day Returns
11.5%
TSE:5194
-6.6%
JP Personal Products
-8.9%
JP Market
1 Year Returns
-13.3%
TSE:5194
-14.6%
JP Personal Products
-17.9%
JP Market
5194 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sagami Rubber Industries (5194) 11.5% -2.8% -18.2% -13.3% 39.6% 159.7%
JP Personal Products -6.6% -0.3% -13.3% -14.6% 43% 62.5%
JP Market -8.9% -10.5% -21.9% -17.9% -10.5% -14%
1 Year Return vs Industry and Market
  • 5194 outperformed the Personal Products industry which returned -14.6% over the past year.
  • 5194 outperformed the Market in Japan which returned -17.9% over the past year.
Price Volatility
5194
Industry
5yr Volatility vs Market

5194 Value

 Is Sagami Rubber Industries 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 Sagami Rubber Industries 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 Sagami Rubber Industries.

TSE:5194 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in JPY ¥ 10
Payout Ratio Company Filings (2019-12-31) 1006.5%
Discount Rate (Cost of Equity) See below 5.1%
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 TSE:5194
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JP Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 6.3%
Personal Products Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.596 (1 + (1- 30.86%) (33.25%))
0.821
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (0.821 * 6.33%)
5.11%

Discounted Cash Flow Calculation for TSE:5194 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Sagami Rubber Industries 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.

TSE:5194 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥10 / (5.11% - -0.09%)
¥192.37
TSE:5194 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥192.37
Current discount Discount to share price of ¥1,571.00
= -1 x (¥1,571.00 - ¥192.37) / ¥192.37
-716.7%

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

  • The current share price of Sagami Rubber Industries 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 Sagami Rubber Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sagami Rubber Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSE:5194 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JPY ¥52.96
TSE:5194 Share Price ** TSE (2020-04-06) in JPY ¥1571
Japan Personal Products Industry PE Ratio Median Figure of 23 Publicly-Listed Personal Products Companies 24.35x
Japan Market PE Ratio Median Figure of 3,071 Publicly-Listed Companies 11.51x

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

** Primary Listing of Sagami Rubber Industries.

TSE:5194 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:5194 Share Price ÷ EPS (both in JPY)

= 1571 ÷ 52.96

29.66x

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

  • Sagami Rubber Industries is overvalued based on earnings compared to the JP Personal Products industry average.
  • Sagami Rubber Industries is overvalued based on earnings compared to the Japan market.
Price based on expected Growth
Does Sagami Rubber Industries's expected growth come at a high price?
Raw Data
TSE:5194 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 29.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
38.8%per year
Japan Personal Products Industry PEG Ratio Median Figure of 12 Publicly-Listed Personal Products Companies 3.38x
Japan Market PEG Ratio Median Figure of 1,281 Publicly-Listed Companies 1.25x

*Line of best fit is calculated by linear regression .

TSE:5194 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 29.66x ÷ 38.8%

0.76x

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

  • Sagami Rubber Industries is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Sagami Rubber Industries's assets?
Raw Data
TSE:5194 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JPY ¥605.29
TSE:5194 Share Price * TSE (2020-04-06) in JPY ¥1571
Japan Personal Products Industry PB Ratio Median Figure of 27 Publicly-Listed Personal Products Companies 2.46x
Japan Market PB Ratio Median Figure of 3,576 Publicly-Listed Companies 0.8x
TSE:5194 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:5194 Share Price ÷ Book Value per Share (both in JPY)

= 1571 ÷ 605.29

2.6x

* Primary Listing of Sagami Rubber Industries.

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

  • Sagami Rubber Industries is overvalued based on assets compared to the JP Personal Products industry average.
X
Value checks
We assess Sagami Rubber Industries'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 Personal Products 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 Personal Products industry average (and greater than 0)? (1 check)
  5. Sagami Rubber Industries 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.

5194 Future Performance

 How is Sagami Rubber Industries expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
38.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sagami Rubber Industries expected to grow at an attractive rate?
  • Sagami Rubber Industries's earnings growth is expected to exceed the low risk savings rate of -0.1%.
Growth vs Market Checks
  • Sagami Rubber Industries's earnings growth is expected to exceed the Japan market average.
  • Sagami Rubber Industries's revenue growth is expected to exceed the Japan market average.
Annual Growth Rates Comparison
Raw Data
TSE:5194 Future Growth Rates Data Sources
Data Point Source Value (per year)
TSE:5194 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 38.8%
TSE:5194 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10%
Japan Personal Products Industry Earnings Growth Rate Market Cap Weighted Average 8%
Japan Personal Products Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Japan Market Earnings Growth Rate Market Cap Weighted Average 9.1%
Japan Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*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
TSE:5194 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSE:5194 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 8,100 1,838 1,450 1
2021-03-31 7,300 438 1,100 1
2020-03-31 6,620 1,826 750 1
TSE:5194 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-12-31 6,518 575
2019-09-30 6,435 1,150 524
2019-06-30 6,325 539
2019-03-31 6,258 981 553
2018-12-31 6,194 870
2018-09-30 6,078 1,185 1,055
2018-06-30 6,005 1,273
2018-03-31 5,909 793 1,308
2017-12-31 5,746 1,371
2017-09-30 5,799 1,085 1,368
2017-06-30 5,803 1,093
2017-03-31 5,710 1,146 1,113

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sagami Rubber Industries's earnings are expected to grow significantly at over 20% yearly.
  • Sagami Rubber Industries's revenue is expected to grow by 10% yearly, however this is not considered high growth (20% yearly).
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
TSE:5194 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Sagami Rubber Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:5194 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 133.50 133.50 133.50 1.00
2021-03-31 101.30 101.30 101.30 1.00
2020-03-31 69.10 69.10 69.10 1.00
TSE:5194 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-12-31 52.96
2019-09-30 48.26
2019-06-30 49.64
2019-03-31 50.93
2018-12-31 80.13
2018-09-30 97.16
2018-06-30 117.23
2018-03-31 120.44
2017-12-31 126.23
2017-09-30 125.94
2017-06-30 100.62
2017-03-31 102.45

*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.
  • Sagami Rubber Industries is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sagami Rubber Industries'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.
Sagami Rubber Industries has a total score of 4/6, 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.

5194 Past Performance

  How has Sagami Rubber Industries 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 Sagami Rubber Industries's growth in the last year to its industry (Personal Products).
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.
  • Sagami Rubber Industries's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Sagami Rubber Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sagami Rubber Industries's 1-year earnings growth is negative, it can't be compared to the JP Personal Products industry average.
Earnings and Revenue History
Sagami Rubber Industries'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 Sagami Rubber Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:5194 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 6,518.00 575.00 1,514.00
2019-09-30 6,435.00 524.00 1,572.00
2019-06-30 6,325.00 539.00 1,606.00
2019-03-31 6,258.00 553.00 1,516.00
2018-12-31 6,194.00 870.00 1,463.00
2018-09-30 6,078.00 1,055.00 1,387.00
2018-06-30 6,005.00 1,273.00 1,349.00
2018-03-31 5,909.00 1,308.00 1,328.00
2017-12-31 5,746.00 1,371.00 1,315.00
2017-09-30 5,799.00 1,368.00 1,292.00
2017-06-30 5,803.00 1,093.00 1,250.00
2017-03-31 5,710.00 1,113.00 1,238.00
2016-12-31 5,563.00 723.00 1,293.00
2016-09-30 5,235.00 566.00 1,269.00
2016-06-30 4,844.00 489.00 1,283.00
2016-03-31 4,850.00 317.00 1,285.00
2015-12-31 4,983.00 480.00 1,207.00
2015-09-30 5,099.00 558.00 1,209.00
2015-06-30 5,299.00 664.00 1,212.00
2015-03-31 4,928.00 546.00 1,171.00
2014-12-31 4,661.00 451.00 1,138.00
2014-09-30 4,487.00 382.00 1,116.00
2014-06-30 4,258.00 321.00 1,073.00
2014-03-31 4,301.00 408.00 1,077.00
2013-12-31 4,191.00 425.00 1,065.00
2013-09-30 4,147.00 424.00 1,054.00
2013-06-30 4,133.00 314.00 1,072.00

*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.
  • Sagami Rubber Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sagami Rubber Industries used its assets less efficiently than the JP Personal Products industry average last year based on Return on Assets.
  • Sagami Rubber Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sagami Rubber Industries'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 Personal Products 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.
Sagami Rubber Industries has a total score of 1/6, 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.

5194 Health

 How is Sagami Rubber Industries'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 Sagami Rubber Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sagami Rubber Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Sagami Rubber Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sagami Rubber Industries'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 1x 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 Sagami Rubber Industries Company Filings, last reported 3 months ago.

TSE:5194 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 6,816.00 5,672.00 1,135.00
2019-09-30 6,646.00 5,737.00 1,539.00
2019-06-30 6,720.00 6,186.00 1,564.00
2019-03-31 6,518.00 5,679.00 1,096.00
2018-12-31 6,553.00 5,882.00 1,368.00
2018-09-30 6,545.00 5,823.00 1,551.00
2018-06-30 6,406.00 5,842.00 1,547.00
2018-03-31 6,288.00 6,850.00 2,917.00
2017-12-31 5,859.00 5,665.00 1,743.00
2017-09-30 5,447.00 3,867.00 1,377.00
2017-06-30 5,031.00 3,854.00 1,725.00
2017-03-31 4,853.00 3,563.00 1,876.00
2016-12-31 4,360.00 3,807.00 1,512.00
2016-09-30 4,087.00 3,306.00 1,129.00
2016-06-30 4,188.00 3,488.00 1,316.00
2016-03-31 3,949.00 3,335.00 1,352.00
2015-12-31 3,926.00 2,691.00 1,342.00
2015-09-30 4,240.00 2,514.00 1,234.00
2015-06-30 4,272.00 2,897.00 1,413.00
2015-03-31 4,282.00 2,710.00 1,282.00
2014-12-31 4,019.00 2,906.00 1,126.00
2014-09-30 3,625.00 2,868.00 1,310.00
2014-06-30 3,461.00 2,748.00 1,237.00
2014-03-31 3,546.00 2,534.00 1,269.00
2013-12-31 3,398.00 2,310.00 1,479.00
2013-09-30 3,336.00 2,430.00 1,424.00
2013-06-30 3,244.00 2,414.00 1,517.00
  • Sagami Rubber Industries's level of debt (83.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (72.2% vs 83.2% today).
  • Debt is well covered by operating cash flow (20.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 23.9x coverage).
X
Financial health checks
We assess Sagami Rubber Industries'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. Sagami Rubber Industries has a total score of 3/6, 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.

5194 Dividends

 What is Sagami Rubber Industries'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
0.64%
Current annual income from Sagami Rubber Industries dividends. Estimated to be 0.64% next year.
If you bought ¥2,000 of Sagami Rubber Industries shares you are expected to receive ¥13 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?
  • Sagami Rubber Industries's pays a lower dividend yield than the bottom 25% of dividend payers in Japan (1.81%).
  • Sagami Rubber Industries's dividend is below the markets top 25% of dividend payers in Japan (4.2%).
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
TSE:5194 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 1 Analyst Estimates (S&P Global) See Below
Japan Personal Products Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2988 Stocks 3%
Japan Minimum Threshold Dividend Yield 10th Percentile 1%
Japan Bottom 25% Dividend Yield 25th Percentile 1.8%
Japan Top 25% Dividend Yield 75th Percentile 4.2%

Industry and Market average data is calculated daily.

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

TSE:5194 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 10.00 1.00
2021-03-31 10.00 1.00
2020-03-31 10.00 1.00
TSE:5194 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-06-26 10.000 0.605
2019-05-16 10.000 0.555
2018-06-28 10.000 0.466
2018-05-16 10.000 0.416
2017-06-28 10.000 0.572
2017-05-17 10.000 0.798
2016-06-28 10.000 1.133
2016-05-18 10.000 1.563
2015-06-25 10.000 1.263
2015-05-20 10.000 1.589
2014-06-26 10.000 2.540
2014-05-16 10.000 3.235
2013-06-26 10.000 3.357
2013-05-17 10.000 3.695
2012-06-27 10.000 4.578
2012-05-18 10.000 5.238
2012-02-10 10.000 4.968
2011-11-09 10.000 5.184
2011-08-09 10.000 4.988
2011-06-28 10.000 4.840
2011-05-18 10.000 4.851
2011-02-08 10.000 4.482
2010-11-09 10.000 4.554
2010-06-28 10.000 4.737
2010-05-17 10.000 4.449
2009-06-26 10.000 4.096
2009-05-20 10.000 4.256

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

  • Sagami Rubber Industries is not paying a notable dividend for Japan, therefore no need to check if the payments are stable.
  • Sagami Rubber Industries is not paying a notable dividend for Japan, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Sagami Rubber Industries's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Sagami Rubber Industries's dividends as it is not paying a notable one for Japan.
Future Payout to shareholders
  • No need to calculate the sustainability of Sagami Rubber Industries's dividends in 3 years as they are not expected to pay a notable one for Japan.
X
Income/ dividend checks
We assess Sagami Rubber Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Sagami Rubber Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sagami Rubber Industries has a total score of 0/6, see the detailed checks below.


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

5194 Management

 What is the CEO of Sagami Rubber Industries'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
Ichiro Oato
AGE 71
TENURE AS CEO 32.3 years
CEO Bio

Ichiro Oato has been the President of Sagami Rubber Industries Co. Ltd. since January 1988; Sagami Manufacturers Sdn. Bhd. since September 2007 and K.K. Radiatex since January 2008. Ichiro Oato joined Sagami Rubber Industries Co., Ltd. in January 1976 and Manager, Office of the President since December 1978; Manager of Planning Development since December 1979; Managing Director since December 1981 and Vice President since January 1984. Ichiro Oato has been a Representative Director of Sagami Rubber Industries Co., Ltd. since January 1984 and K.K. Radiatex since January 2008. Ichiro Oato served as a Director of Sagami Rubber Industries Co., Ltd. since December 1979; K.K. Radiatex since January 1984 and Sagami Manufacturers Sdn. Bhd. since October 1996.

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

Average tenure and age of the Sagami Rubber Industries management team in years:

11.8
Average Tenure
60
Average Age
  • The average tenure for the Sagami Rubber Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ichiro Oato

TITLE
President and Representative Director
AGE
71
TENURE
32.3 yrs

Kunio Yoshida

TITLE
Managing Director
AGE
60
TENURE
8.8 yrs

Masataka Takeda

TITLE
Senior MD
AGE
69

Koichi Fukuda

TITLE
General Manager of Plastic Sales Division
AGE
68
TENURE
11.8 yrs

Shinji Hara

TITLE
General Manager of Sales Division - Healthcare Business Department and Director
AGE
58
TENURE
11.8 yrs

Shigeo Tadenuma

TITLE
Assistant General Manager of Manufacturing Division - Healthcare Business Department and Director
AGE
58
TENURE
7.8 yrs

Kensuke Oato

TITLE
Manager of Management Planning Office and Director
AGE
34
Board of Directors Tenure

Average tenure and age of the Sagami Rubber Industries board of directors in years:

10.8
Average Tenure
66
Average Age
  • The average tenure for the Sagami Rubber Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ichiro Oato

TITLE
President and Representative Director
AGE
71
TENURE
36.3 yrs

Kunio Yoshida

TITLE
Managing Director
AGE
60
TENURE
11.8 yrs

Masataka Takeda

TITLE
Senior MD
AGE
69
TENURE
17.8 yrs

Koichi Fukuda

TITLE
General Manager of Plastic Sales Division
AGE
68
TENURE
9.8 yrs

Shinji Hara

TITLE
General Manager of Sales Division - Healthcare Business Department and Director
AGE
58
TENURE
7.8 yrs

Shigeo Tadenuma

TITLE
Assistant General Manager of Manufacturing Division - Healthcare Business Department and Director
AGE
58
TENURE
7.8 yrs

Kensuke Oato

TITLE
Manager of Management Planning Office and Director
AGE
34

Makoto Wada

TITLE
Director
AGE
72

Noriko Oato

TITLE
Director
AGE
64

Hiroshi Murata

TITLE
External Director
AGE
70
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 Sagami Rubber Industries'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. Sagami Rubber Industries 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.

5194 News

Simply Wall St News

5194 Company Info

Description

Sagami Rubber Industries Co., Ltd. primarily manufactures and supplies condoms. It offers polyurethane and latex condoms, external catheters, and probe covers; plastic films; and healthcare products and services. The company sells its products in Japan, France, Switzerland, Italy, Portugal, Spain, Finland, Norway, Sweden, Korea, Vietnam, Mexico, and the United States. Sagami Rubber Industries Co., Ltd. was founded in 1934 and is headquartered in Atsugi, Japan.

Details
Name: Sagami Rubber Industries Co., Ltd.
5194
Exchange: TSE
Founded: 1934
¥17,057,209,479
10,857,549
Website: http://www.sagami-gomu.co.jp
Address: Sagami Rubber Industries Co., Ltd.
2-1, Moto-cho,
Atsugi,
Kanagawa, 243-0002,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 5194 Common Shares The Tokyo Stock Exchange JP JPY 06. Jan 1992
Number of employees
Current staff
Staff numbers
850
Sagami Rubber Industries employees.
Industry
Personal Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 15:41
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/06
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


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.