Sanwa Holdings Delivers Stable Earnings Amid Slight Sales Decline and Lifts Dividend Forecast

The latest update is out from Sanwa Holdings ( (JP:5929) ).

Sanwa Holdings reported marginally softer results for the nine months to December 31, 2025, with net sales slipping 1.5% year-on-year to ¥468.2 billion and operating profit down 2.5% to ¥49.7 billion, while ordinary profit fell 4.8%. Despite this top-line and profit compression, profit attributable to owners of the parent edged up 1.9% to ¥38.0 billion, supported by a lower share count that also lifted basic earnings per share to ¥178.56 from ¥171.10. The company’s financial position remained solid, with total assets of ¥521.5 billion and an equity ratio of 60.4%, and it maintained an aggressive shareholder-return stance by forecasting a higher full-year dividend of ¥124 per share for the year ending March 31, 2026, compared with ¥106 previously. For the full fiscal year, Sanwa is guiding to slightly lower net sales of ¥654.0 billion but essentially flat operating profit of ¥81.0 billion and modest growth in profit attributable to owners of the parent to ¥58.0 billion, signaling stable profitability despite a softer demand environment and the integration of newly consolidated subsidiary Gold Arc, inc., which together suggest steady, if unspectacular, earnings for stakeholders.

The most recent analyst rating on (JP:5929) stock is a Buy with a Yen4634.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.

More about Sanwa Holdings

Sanwa Holdings Corporation, listed on the Tokyo Stock Exchange, operates in the building materials and construction-related equipment sector, supplying products such as doors, shutters and related systems for commercial, industrial and residential facilities in Japan and overseas.

Average Trading Volume: 555,089

Technical Sentiment Signal: Buy

Current Market Cap: Yen853B

For a thorough assessment of 5929 stock, go to TipRanks’ Stock Analysis page.