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SAN-A CO LTD (JP:2659)
:2659

SAN-A CO (2659) AI Stock Analysis

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JP:2659

SAN-A CO

(2659)

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Outperform 73 (OpenAI - 5.2)
Rating:73Outperform
Price Target:
¥3,674.00
▲(21.86% Upside)
Action:ReiteratedDate:04/09/26
The score is driven primarily by strong financial quality (very low leverage, growing equity, and solid recent cash generation). Technicals are supportive due to the strong uptrend, but overbought indicators temper the outlook. Valuation is fair-to-slightly demanding with a moderate dividend yield.
Positive Factors
Balance-sheet conservatism
Very low leverage and rising equity provide durable financial flexibility for SAN-A. This reduces refinancing and solvency risk in a cyclical retail industry, supports investment in stores or logistics, and underpins capacity to sustain dividends or weather shocks over a multi‑month horizon.
Negative Factors
Net income softness
Earnings decline despite revenue growth suggests margin pressure or cost normalization that could persist (e.g., higher operating costs, wage or input inflation). If structural, this weakens return metrics and reduces retained earnings available for reinvestment or shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet conservatism
Very low leverage and rising equity provide durable financial flexibility for SAN-A. This reduces refinancing and solvency risk in a cyclical retail industry, supports investment in stores or logistics, and underpins capacity to sustain dividends or weather shocks over a multi‑month horizon.
Read all positive factors

SAN-A CO (2659) vs. iShares MSCI Japan ETF (EWJ)

SAN-A CO Business Overview & Revenue Model

Company Description
SAN-A CO.,LTD. operates a chain of retail stores in Okinawa. The company's stores offer groceries, clothing, home appliances, daily necessities, and food items. As of February 2021, it operated 70 retail stores and 13 restaurants, as well as franc...
How the Company Makes Money
SAN-A CO primarily makes money through retail sales to consumers in its stores. Its core revenue stream is the sale of food and groceries (including fresh produce, meat, seafood, and packaged foods) and non-food merchandise (such as daily necessit...

SAN-A CO Financial Statement Overview

Summary
Strong overall fundamentals supported by an exceptionally conservative balance sheet (minimal leverage and expanding equity) and solid recent operating/free cash flow. Offsets include net income softness in 2026 versus 2025 despite higher revenue and some historical cash-flow volatility (notably 2022).
Income Statement
74
Positive
Balance Sheet
92
Very Positive
Cash Flow
70
Positive
BreakdownTTMFeb 2026Feb 2025Feb 2024Feb 2023Feb 2022
Income Statement
Total Revenue238.72B245.55B237.16B227.58B213.52B204.35B
Gross Profit88.42B84.11B87.80B84.11B77.59B73.04B
EBITDA17.71B23.97B23.70B22.72B18.72B17.31B
Net Income11.41B10.68B11.47B10.68B7.57B6.66B
Balance Sheet
Total Assets211.77B217.27B191.45B186.94B172.54B165.80B
Cash, Cash Equivalents and Short-Term Investments74.01B79.53B59.84B54.85B39.30B31.59B
Total Debt3.77B264.00M277.00M289.00M302.00M314.00M
Total Liabilities56.16B56.31B36.90B40.79B35.13B34.08B
Stockholders Equity151.52B156.41B150.51B142.40B134.01B128.53B
Cash Flow
Free Cash Flow0.0026.00B8.87B18.27B9.91B-1.98B
Operating Cash Flow0.0031.62B14.98B21.18B14.74B4.08B
Investing Cash Flow0.00-6.49B-6.20B-3.13B-5.07B-6.37B
Financing Cash Flow0.00-5.44B-3.79B-2.51B-1.96B-6.24B

SAN-A CO Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3015.00
Price Trends
50DMA
3021.13
Positive
100DMA
2924.15
Positive
200DMA
2850.41
Positive
Market Momentum
MACD
87.53
Negative
RSI
71.70
Negative
STOCH
71.51
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2659, the sentiment is Positive. The current price of 3015 is below the 20-day moving average (MA) of 3112.10, below the 50-day MA of 3021.13, and above the 200-day MA of 2850.41, indicating a bullish trend. The MACD of 87.53 indicates Negative momentum. The RSI at 71.70 is Negative, neither overbought nor oversold. The STOCH value of 71.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2659.

SAN-A CO Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
¥209.44B7.252.18%6.30%27.88%
73
Outperform
¥213.16B18.467.56%2.70%2.28%3.61%
63
Neutral
¥229.20B17.323.01%18.89%-34.43%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
58
Neutral
¥191.78B-33.751.77%30.67%
57
Neutral
¥194.35B8.931.44%1.48%-33.32%
53
Neutral
¥32.64B136.893.11%1.46%-436.55%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:2659
SAN-A CO
3,390.00
667.13
24.50%
JP:3222
United Super Markets Holdings, Inc.
925.00
21.84
2.42%
JP:8217
Okuwa Co., Ltd.
805.00
-41.17
-4.87%
JP:8273
Izumi Co., Ltd.
1,067.00
-4.57
-0.43%
JP:8278
Fuji Co., Ltd.
2,242.00
235.66
11.75%
JP:9956
Valor Holdings Co., Ltd.
3,900.00
1,467.94
60.36%

SAN-A CO Corporate Events

SAN-A Launches ¥15 Billion Share Buyback Covering Over 11% of Stock
Apr 7, 2026
SAN-A CO., LTD. has authorized a substantial share buyback, resolving to acquire up to 7 million of its common shares, equivalent to 11.32% of its outstanding stock, for a maximum outlay of ¥15 billion. The purchases will be conducted via mar...
SAN-A Marks 25th IPO Anniversary With Higher Year-End Dividend
Apr 7, 2026
SAN-A CO., LTD. has approved a year-end dividend of ¥125 per share for the fiscal year ended February 28, 2026, up from ¥80 the previous year and above its earlier forecast of ¥100. The payout, totaling ¥7,730 million from reta...
SAN-A posts higher revenue, boosts commemorative dividend and forecasts steady growth
Apr 7, 2026
SAN-A reported a 3.5% rise in operating revenue to ¥245.5 billion for the year ended February 28, 2026, with operating profit and ordinary profit edging up, but profit attributable to owners of parent declining 6.9% as margins narrowed slight...
SAN-A to Build New ¥54 Billion Food Processing Center and Head Office in Okinawa
Feb 9, 2026
SAN-A CO. has approved a major capital investment to build a new food processing center and head office on company-owned land in Ginowan City, Okinawa, addressing aging facilities and capacity constraints caused by its expanding store network. The...
SAN-A Revamps Board Ahead of Organizational Restructuring in 2026
Feb 4, 2026
SAN-A CO., LTD. has announced boardroom changes to take effect following its 56th Ordinary General Meeting of Shareholders in May 2026, appointing long-serving executive Junichi Hasegawa as Director and General Manager of the Manufacturing and Log...
SAN-A Launches Major Organizational Overhaul to Strengthen Governance and Strategy
Feb 4, 2026
SAN-A CO., LTD. has approved a wide-ranging organizational restructuring that introduces a new headquarters structure, an executive officer system, and changes in directors to better respond to rapid shifts in its operating environment and reinfor...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 09, 2026